co-presented by
ASSOCIATE SPONSORS
co-presented by
ASSOCIATE SPONSORS
Prabodh Agrawal, president and head of research at IIFL Institutional Equities expects announcements pertaining to increase in spending in physical and social infrastructure in the Budget. He adds that this increase will partly be funded through increase in taxes – primarily indirect taxes.
The credit ratings agencies are again angering governments, but this time they are taking on the big fish of the world economy.
Rating agency Standard & Poor's cut Japan's long-term sovereign debt rating on Thursday for the first since 2002, saying the country's government lacked a coherent plan to tackle its mounting debt.
