'Budget refrained from outright populism,' says Executive Director, DBS Group Research'Bond borrowings will be lowered in FY25, good news for the private sector,' she said.
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Nirmala Sitharaman and govt officials ahead of the Budget speech.
Credit: PTI Photo
"Bond borrowings will be lowered in FY25, good news for the private sector. The faster pace of fiscal consolidation adds to improving macro indicators. Implications for forecasts: With a non-inflationary Budget behind them, the RBI will be focused on domestic price outlook and global developments. We raise our FY24 GDP growth forecast," she further added.