Finance Minister Nirmala Sitharaman’s budget speech introduced significant changes in income tax slabs to boost consumption demand. The strategy aims to foster economic growth without compromising fiscal discipline. The focus is on job-intensive growth through MSMEs, although concerns about primary education and disinvestment remain.
AI stocks: Midterm elections could threaten AI trade as data center backlash grows
Public opposition to US data centers and the November midterm elections could reshape AI infrastructure investment. Increased regulatory scrutiny, rising electricity costs and construction delays