Credit Suisse: Unchanged India Fiscal Consolidation Path

The video discusses the limited impact of the budget on equity markets, emphasizing its greater relevance to bond markets. It explores the potential for populist policies ahead of the 2024 elections, noting the government's less populist approach. The Adani affair's impact on reputational damage and dollar loans is examined, highlighting the shift from dollar to rupee loans due to high US rates. Finally, the video addresses corporate governance in India, noting that the bulk of the Indian index remains unaffected by specific allegations.

What is the relevance of the budget for equity markets according to the text?

What fiscal target does the market expect the government to reach?

How has the government's approach to governance changed compared to prior governments?

What are some expected changes in the PM Kisan scheme mentioned in the text?

How does the text describe the likelihood of substantial populist policies in the upcoming budget?

What concerns are raised regarding the dollar loan market?

What is the expected impact of the allegations surrounding the Adani affair on corporate governance?