Investors are hopeful that the Union Budget 2025 will deliver measures to revive consumption and economic growth. Key expectations include income tax relief, avoiding new taxes on investors, boosting capex, and setting clear divestment goals. The Budget’s impact on the stock market remains crucial.
Volatile yen draws intervention watch, other currencies subdued
In response to last week’s notable drop, currency markets have been closely monitoring the yen. Reports suggest that Japanese officials are conducting rate checks, hinting