Budget 2026 retains fiscal discipline, raises capex and borrowing, and outlines reforms to support infrastructure, manufacturing, and long-term economic growth
The likelihood of the RBI going in for another 50bps points rate cut for the rest of the calendar year is very high, says Dr Joseph Thomas, head of research, Emkay Wealth Management
State of government finances, concessions offered to tax-payers, and the commitment to progress on the fiscal glide path is eminently complemented by the monetary measures makes this policy different