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Government delivers a budget focused on small and medium-sized businesses and middle-income earners - just days before an election is called.
Only about 1 percent of India's population paid tax on their earnings in the year 2013, according to the country's income tax data.
The Bank of Japan made a “fateful miscalculation” when it opted to hold interest rates at its meeting last week, Goldman Sachs has said.
Steve Goldman, Kapstream Capital MD, believes the RBA should wait for the release of the budget before cutting rates further.
The RBA will have to consider the AUD strength and whether another rate cut will help the economy, says Savanth Sebastian from Commonwealth Securities.
HSBC had struggled with a difficult operating environment in key markets such as Hong Kong and the U.K., warns Alex Wong from Ample Capital.