No big giveaways seen in Wednesday's Union Budget
There’ll be no big giveaways in Wednesday’s budget, the last full-year spending before next year’s national elections. Prime Minister Narendra Modi’s government is going to keep a firm hold on its purse strings and economic growth is seen slowing in this financial year to 6.5 per cent from an estimated 7 per cent last year and 8.7 per cent in the previous year. The economy is expected to continue losing pace due to ongoing tight global financial conditions and supply chain disruptions worldwide...