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Increased tax receipts were outstripped by higher spending on public services, benefits and debt interest.
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News and Media
Alok Agarwal sees brighter prospects for Indian equities, citing tax reforms, GST cuts, and global easing as growth drivers. While trade talks with the US remain a hurdle, cooling valuations, resilient earnings, and emerging sectoral opportunities point to renewed investor confidence and potential FII inflows after earlier outflows.
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News and Media
Shares of Adani Power surged 9% to Rs 687 on the NSE on September 19, driven by renewed investor enthusiasm. Analysts cite three key catalysts for a potential 30% upside, including Morgan Stanleys overweight rating, the companys plan to expand operational capacity from 18.15 GW to 41.9 GW by FY32, and a $2227 billion investment in under-construction projects.
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News and Media
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