India’s latest budget balances fiscal discipline with growth support, aiming for an investment-grade economy through targeted measures and enhanced productivity. Prioritizing long-term stability, it features a credible consolidation path and a significant increase in planned capital expenditure, while a hike in securities transaction tax on equity derivatives poses a negative surprise for markets.
Paul Black’s 3 thumb rules for identifying great wealth creators
Veteran portfolio manager Paul Black’s investment framework focuses on identifying businesses with competitive advantages that strengthen over time. His three key rules emphasise widening moats,