India’s Debt Diet Shifts Growth Onus to RBI, Billionaire Businesses
The budget’s record borrowing estimate has pushed up the cost of funding for firms.
Welcome to India Edition, Bloomberg’s daily dive into what’s moving the worlds of business, markets and politics in this dynamic, fast-paced economy. I’m Menaka Doshi. If you didn’t receive this directly in your inbox, you can subscribe here, and share feedback with us here. Want more? Sign up for Markets Daily India, a subscriber-only newsletter featuring key insights before the trading day starts.
Today, I look at whether India’s federal budget will boost growth, and my colleague Dan Strumpf examines the Trump factor in policy measures.