Budget 2026 | Fiscal Deficit Now Close To Pre-covid Levels, Which Supports Trend Growth | Business
Автор: ET Now
Загружено: 2026-02-01
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Budget 2026 | Fiscal Deficit Now Close To Pre-covid Levels, Which Supports Trend Growth | Business
Axis Bank Chief Economist Neelkanth Mishra breaks down the Union Budget’s fiscal math, borrowing plans, and bond market reaction. He explains why bond yields remain elevated despite repo rate cuts and highlights liquidity as the core challenge. Mishra also addresses rupee volatility, calling it a hedging-driven adjustment rather than a balance of payments crisis. CapEx quality has improved, but better liquidity management is now critical.
#budget2026 #fiscaldeficit #bondyields #rupee #capex #liquidity #markets
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