Budget 2025-26 boosts consumption with major tax reforms, increasing disposable income while maintaining strong capital expenditure. Fiscal deficit reduction to 4.4% in FY26 may enable an RBI rate cut. Rural and agriculture sectors receive key support, benefiting Retail, Auto, FMCG, and BFSI. Market outlook remains positive, favoring discretionary spending and credit growth.
Varun Beverages shares jump 3% after Q1 PAT rises 15%, revenue grows 20%
Varun Beverages reported a 15% profit and 20% revenue increase in Q1 FY2027. Consolidated sales volumes grew by nearly 20% driven by India and international