Finance Minister Nirmala Sitharaman finalizes the first full Budget of Modi government’s third term, focusing on tax cuts and boosting economic growth. The Budget aims to address slowing GDP growth and the needs of the middle class, with expectations of 6.3-6.8% GDP growth in FY26.
Patchy rains may hit rural lending, banks stay cautious
Bankers are closely watching monsoon rains and their impact on rural credit. Uneven rainfall poses inflation risks for summer crops and rural incomes. A strong