Indian equity markets show resilience despite recent incremental weakness, with the broader outlook dependent on earnings visibility and global developments. While current earnings are mixed, a rebound is anticipated later in the year, driven by inventory rationalization and stronger growth expectations. Global events, particularly US trade policy, remain a key overhang, though potential trade deals could boost sentiment.
States’ consolidated fiscal deficit widens 0.3 pc to 3.3 per cent in FY25: RBI
Indias states fiscal deficit has widened to 3.3 percent of GDP in fiscal year 2025. This increase stems from states borrowing more under a central