According to Ashok Wadhwa, group CEO of Ambit Holdings, poor economic growth might discourage foreign investors from putting money into Indian stocks.
This may be the last opportunity for the Finance Minister to present an economic Budget in the current term of UPA, as FY14 Union Budget will likely be guided by the imperatives of a popular democracy, says a Deutsche Bank report
The focus (and priority) for this year will be on critical factors to increase revenue to arrest further slippage in fiscal deficit and to maintain it around 5%.