Sun, Feb 22, 2015, 03:20 PM
Whilst the finance minister may have had a 'full inbox' suggesting the key reforms to be undertaken in the upcoming Union Budget from various stakeholders, it will be interesting to see which of the key economic and political developments that have taken place recently will be calibrated in the upcoming Budget. Falling crude oil prices and their impact on the trade deficit, falling inflation and the recent trend of falling interest rates ? along with a robust stock market which enables fundraising by disinvestment in public sector undertakings ? certainly helps ease the pressure on the government's fiscal balances and gives the FM some room for bolder reforms.