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.
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