Axis Bank Neeraj Gambhir on Indian Budget

The video discusses the market's reaction to India's fiscal deficit, highlighting the bond market's response to the government's budget announcement. It explores the Reserve Bank of India's (RBI) monetary policy and normalization plans, including potential interest rate hikes. The challenges of international bond inclusion and the impact of global factors like Fed tightening and oil prices on the rupee are examined. The potential for green bond issuance in India and the current state of foreign demand for Indian bonds are also covered.

What were the two main disappointments that led to the bond market's reaction on the day of the budget announcement?

How does the government plan to finance its budget according to the discussion?

What expectations does the speaker have regarding the Reserve Bank's actions in the upcoming monetary policy?

What factors are contributing to the current account deficit being well managed in India?

What is the significance of the green bond issuance mentioned in the discussion?

What are the expectations regarding foreign demand for Indian bonds in the near future?

What were the positive surprises noted in the budget announcement?