In today's The Straits Times News In A Minute video, we look at:

*Singapore's Budget for the financial year ending 2014 will see a slightly smaller deficit than estimated a year ago, said Deputy Prime Minister and Finance Minister Tharman Shanmugaratnam.

*Consumer prices here fell for the third consecutive month in January, largely due to falling crude oil prices, and lower food and services inflation.

*A track fault caused MRT train services on the North-South line from Yew Tee to Kranji station to stop for at least half an hour this afternoon.