Budget 2024: No meaningful strategy to broaden growth drivers in India: Jahangir Aziz, JP Morgan

Jahangir Aziz from JPMorgan criticized India's Budget for its narrow focus on infrastructure and insufficient skilling funds. It positively impacted bonds by lowering borrowing targets but negatively affected equities with higher taxes. No broader growth strategy for private investment or consumption. Key factors include U.S. bond yields, dollar, Trump 2.