The Government has managed to keep the fiscal math under control. More capex, less borrowing, reduced revenue deficit - all make up for a sound platform on which the economic development can take off.

As and when the global economy picks up and India gets a ratings upgrade, expect yields to cool down even more and equity markets to shoot through the roof.

If you can't read this from yesterday's budget, you are losing on a giant of an opportunity.
bondyieldsFundamental AnalysisindiaMacroeconomicsNIFTYrupeesensexunionbudget2024

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