NovaaOne Capital’s Sunil Sanghai explains why the government’s 4.3% fiscal deficit target reassures markets despite revenue constraints. In this ETMarkets Smart Talk, he highlights the importance of capex-led growth, fiscal discipline, and lesser-noticed structural reforms that could support long-term capital formation.
Top corporate bonds, long gilts can be a good play as RBI holds rates
The RBI maintained its repo rate at 5.25% and a neutral stance, raising inflation forecasts due to West Asian conflict-driven oil price hikes. Fund managers