The era of uncertainty ends, the era of execution begins
If January was the last meaningful dip, it wasn’t because markets suddenly became cheap. It was because India entered a phase where policy risk fell sharply, and execution took centre stage.
Moneycontrol Pro Weekender | Shifting Sands
The wild swings across asset classes are the market's attempt to price in an uncertain transition
RBI keeps policy stance unchanged, commits to adequate liquidity; rates likely on hold through FY27
While the RBI is expected to be in the long pause and stay on hold for entire FY27, Deepak Agrawal of Kotak Mahindra AMC anticipates the 10-year G-Sec yield to trade in the range of 6.60-6.80% in the near to medium term.
RBI MPC finds no need for immediate monetary support as comfortable with growth-inflation trajectory, hints at pause in coming meetings
RBI is committed to proactive management of liquidity in the LAF window and the banking system, so as to keep short term yields rangebound.
The Reading List: February 6, 2026
Our research and opinion teams have curated a selection of articles and social media gems from the world of economy, business and finance for your weekend read
RBI policy unlikely to deliver dramatic surprises in the near term, but signals a steady hand; why the pause makes sense
RBI’s stance appears neither hesitant nor overly conservative. It reflects a pragmatic balancing act: preserving inflation credibility, supporting growth momentum and retaining sufficient policy ammunition should global conditions turn less benign.
Moneycontrol Pro Panorama | Keep calm and show up
For this edition of Moneycontrol Pro Panorama: RBI prioritises credibility over applause in policy stance, India’s data centre expansion faces power supply constrains, interest rate transmission remains uneven across banking system, and more
India’s private sector must return to the shop floor
Despite soaring GDP projections, India's path to a $5 trillion economy is hamstrung by a widening chasm between its booming services sector and a stagnant manufacturing base
Union Budget 2026: Speculate less, build more!
A 22-year tax holiday on data centre buildout is a truly visionary step.
Decoding the liquidity shift: Has the RBI engineered a stealth rate cut?
Abhishek Bisen of Kotak Mahindra AMC expects the MPC to keep the repo rate unchanged to 5.25% and stance at neutral.
Certainty restored: What the India–US trade agreement means for markets
The final legal text of the agreement is still being worked out and questions remain around the extent and pace of tariff removals, product-specific exclusions and broader non-tariff issues.
RBI’s February rate pattern contrasts with fluid inflation, growth projections
Early fiscal-year forecasts are often revised quickly, keeping focus on evolving macro signals
Moneycontrol Pro Panorama | Quest for fair value gets tougher in the AI world
In this edition of Moneycontrol Pro Panorama: US trade deal offers upside beyond immediate recovery, Mamata Banerjee's legal intervention helps reset political narrative, rising credit risks make asset quality a key concern, legacy automakers regain ground as two-wheeler demand expands, and more
OPINION | Union Budget 2026 charts a path for emergent Bharat
The Budget 2026 balances growth with inclusion, focusing on manufacturing, services, and agriculture to transform Emergent Bharat while advancing India’s long-term vision of Viksit Bharat
It’s not just a tech sell-off
And more on the sentiment puzzle
OPINION | Why India’s defence–GDP ratio matters less than capability
India’s defence spending should focus on capability and modernisation. Predictable funding matters more than fixed GDP targets. This approach ensures preparedness despite fiscal constraints and long-term security challenges
Markets may debate it, but Budget 2026 chose realism for a quiet reset in policy priorities
Overall, the Budget is unlikely to materially alter the medium-term outlook for equities. Rather, it reinforces the view that the past 15 months have marked a reset – shaped by geopolitical shifts and global macro uncertainty.
Markets likely to hit new highs in 2026 after a well-balanced budget focused on capex and sustaining GDP growth
Overall, the budget is in line with expectations and is positive. The near-term challenges of changes in tax structure on certain financial instruments do not have any significant impact on the economy or the underlying value of the securities.
Services PMI rebounds to 58.5 in January, signalling strong start to 2026
Momentum in services mirrors pickup in manufacturing; EU and US trades deal expected to lift growth outlook
Union Budget 2026: Look beyond borrowings
The Centre’s gross borrowing figure of Rs 17.2 lakh crore for FY27 significantly exceeded market expectations, which were pegged between Rs 16.5 lakh crore and Rs 17 lakh crore. This elevated borrowing requirement coincides with a persisting slowdown in tax revenue.
Steady Budget: Driving growth through fiscal discipline and sustained capex
The budget math appears credible with modest estimates of tax receipts and expenditure. Ultimately, this budget reinforces India's trajectory as a resilient pillar of global economic growth.
Interview: Budget reassures on fiscal math, manufacturing; earnings growth key for markets over next 12–18 months, says Rahul Singh of Tata AMC
The ongoing results season has offered some comfort on earnings stability, with the potential for recovery in FY27. Valuations are supportive, both absolute and relative to other EMs, but earnings delivery will drive flows, said Rahul Singh of Tata AMC.
Budget 2026 marks India’s move beyond stimulus to structural, competitive growth
The 2026 Budget may not generate immediate excitement, but it sends a more meaningful message that India is moving beyond stimulus-driven expansion toward a model where competitiveness, efficiency and structure determine the quality of growth, said Anand Rathi.
Budget that favours discipline, execution, and bottom up investing
The Budget’s overarching message is one of credibility over theatrics, continuity over abrupt pivoting, and execution over experimentation.
The India-US trade deal: What it really means for your portfolio
US "de-risks" from China, India positions itself as a democratic long term alternative with large consumption potential, while building relationships with the EU, UK, and UAE.
