The new Indian budget targets a deficit of 4.4% of GDP in FY26 versus 4.8% in FY25, but its overall economic impact is likely to be neutral and slightly positive for low end consumption.

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Eastspring Investments

Founded in 1994, Eastspring Investments is a wholly-owned subsidiary of Prudential plc. Eastspring Investments (Singapore) Limited serves as a global hub for Eastspring Investments’ asset management business. Its deep understanding of Asian markets, paired with global perspectives, enables the firm to develop and deliver unique investment solutions for investors.

Information provided is general information and is for educational purposes only, and does not include, or constitute as, financial product advice.