All eyes are set on the first Union Budget under Modi 2.0 that is slated to be unveiled on Friday (July 5).
With a clear evidence of economic slowdown and weak corporate earnings, Finance Minister Nirmala Sitharaman has her task cut out. Deep agrarian distress, high unemployment rates, the slowdown in automobiles and consumer demand, crisis in NBFC (non-banking financial company) sector and rising pressures in real estate and housing and muted capex cycle in the economy are some of the pressing issues that need addressal.
Market experts expect the government to lay out a growth-oriented budget to pump-prime the