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India is set to announce its budget on Monday Here s what economists expect

India is set to announce its budget on Monday. Here s what economists expect CNBC 1/02/2021 Saheli Roy Choudhury India s finance minister, Nirmala Sitharaman, will present the country s annual budget on Monday for the new fiscal year that starts on April 1. Growth prospects for South Asia s largest economy remain fragile. India must avoid the trap of a false choice between restoring growth and getting back on a path to fiscal consolidation in the upcoming budget, according to Mizuho Bank s Vishnu Varathan. © Provided by CNBC A worker quenches his thirst with water from a bottle taking a break from cleaning weeds from a park near India Gate amid rising temperatures in New Delhi on May 27, 2020.

New delhiNirmala sitharamanRadhika raoVishnu varathanNilesh shahMizuho varathanPriyanka kishoreIndia infrastructure financing companyGroup raoCredit suisseEurasia groupMizuho bank asia oceaniaMizuho bank vishnu varathanSouth asiaMizuho bankIndia gate

The State of the Nation: Fitch s downgrade of Malaysia sparks fiery debate

The State of the Nation: Fitch’s downgrade of Malaysia sparks fiery debate The Edge 21/12/2020 Supriya Surendran © Provided by The Edge FITCH Ratings’ downgrade of Malaysia’s Long Term Foreign-Currency Issuer Default Rating (IDR) to “BBB+” from “A-”, has ignited a firestorm of comments, with everyone from politicians to economists providing their proverbial two cents worth on the matter. More concerning, however, is whether other rating agencies are likely to follow in Fitch’s footsteps, analysts say, warning Malaysia needs to get down to brass tacks and detail how it intends to shrink its massive debts and consolidate its finances post Covid-19, and demonstrate a commitment to institutional reforms to avert another downgrade.

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