Budget not a magic wand for growth; focus on reforms and fiscal discipline: Swaminathan Aiyar
Economist Swaminathan Aiyar argues that India’s strong economic growth is a result of long-term structural reforms, not short-term budget adjustments. He advises the government to prioritize fiscal consolidation and deregulation over new stimulus measures or expanding subsidies and PLI schemes, emphasizing the need to cut red tape to sustain momentum.
ETMarkets Smart Talk | Capex push and tax relief key to boosting disposable income in Budget 2026: Avendus Wealth
Market sentiment is cautious ahead of Budget 2026 due to global uncertainty and pre-Budget positioning. Experts suggest a continued capex push and targeted tax relief to boost disposable incomes and private investment. Investors are advised to focus on post-Budget clarity and earnings visibility, with a selective approach to small and midcap stocks.
US Stocks | Unlikely to see LRS relaxation until FII outflows reverse: Karan Aggarwal, Ametra PMS
Indian markets face pressure from currency weakness and foreign investor outflows. Experts believe easing overseas investment rules is unlikely until external balances stabilize and foreign investor trends reverse. Indian households should consider international equities for diversification, not core holdings. A 5% to 10% exposure to technology and AI sectors in developed markets is recommended.
Q3 results today: Meesho, Nestle among 158 companies to report earnings on Friday
Nestle India’s Q3 results are anticipated to show steady revenue growth. Strong domestic sales are expected to drive this performance. However, rising input costs may impact profitability. Analysts predict a modest year-on-year profit increase. The company’s focus remains on volume expansion and innovation for long-term growth. Investors will monitor commentary on commodity prices.
BofA CEO Moynihan sees India as major growth engine, calls for more capital
Bank of America CEO Brian Moynihan says India is the fastest-growing major market globally, offers huge opportunity, and will need large amounts of capital to sustain its growth. He praised Prime Minister Modi’s consistent reform agenda, including Make in India, but urged regulators and bureaucracy to make doing business easier, especially around operational and data […]
Dollar poised for weekly slide as global tensions rise
Global tensions, fueled by U.S. tariff threats against Cuba and potential strikes on Iran, are weakening the dollar. Despite domestic hopes of averting a government shutdown, geopolitical strains are impacting U.S. assets. Meanwhile, Japanese inflation met the central bank’s target, offering a slight reprieve for the yen.
Foreign investors rejig offshore structures to satisfy Indian tax rules
Foreign investors are bolstering offshore arms with tangible operations to demonstrate substance, following a Supreme Court ruling that denied tax benefits to entities lacking it. Measures include appointing local directors and hiring office space to prove these entities are not merely paper companies designed to evade Indian taxes.
Foreign inflows must to put rupee on strong footing
India’s rupee is underperforming despite strong economic fundamentals, according to the Economic Survey. Tepid foreign investment has led to a balance of payments deficit, weakening the currency. Uncertainty surrounding a US trade deal also plays a role. The survey highlights the need for proactive reforms to attract much-needed foreign capital for sustainable growth and rupee […]
BofA CEO Brian Moynihan flags India as major growth engine, calls for more capital to fuel expansion
Bank of America CEO Brian Moynihan sees India as a rapidly growing market requiring significant capital for expansion. He commends Prime Minister Modi’s reforms but urges for easier business processes. Moynihan also discusses global trade shifts, national security concerns, and the evolving role of the US dollar.
US stock futures fall on Apple warning, gold up
US equity futures declined as Apple warned of margin pressures, fueling concerns about AI investment returns. Gold and silver saw gains, while Asian shares edged higher. Investors are increasingly wary of the timing and profitability of massive tech spending on artificial intelligence.