Wouldn’t expect a large fiscal stimulus in Budget: Ramiz Chelat, Vontobel Asset Management

Ramiz Chelat, portfolio manager at Vontobel Asset Management, believes a large stimulus in the budget is unlikely as the government is facing weak tax receipts and higher oil prices are putting additional pressure on the fiscal deficit. Hong Kong-based Chelat said he expects further disappointment on the macro situation in India in the next 12 months.

from Markets-Economic Times https://ift.tt/31aPGKO