The Indian market ended higher on Monday, with the Sensex and Nifty recouping some of the losses recorded during Sunday’s special session, as investors digested the impact of the federal budget on markets and capital flows. The recovery came despite proposals to increase transaction taxes on derivatives and the absence of new measures aimed at […]
Raamdeo Agrawal, one of India’s most respected market voices, described the Union Budget 2026 as “a masterstroke for India’s digital future.” He called the 100% tax exemption for data centers until 2047 a decisive policy step, calling it a “1,000-pound gorilla decision.” Drawing parallels to the software boom of the 1990s, he said: “We are […]