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Consumption took centre stage, while some sectors got more attention than others. But Nirmala Sitharaman’s budget failed to enthuse the markets.

The RBI’s unusually harsh order raises deeper questions about management credibility—and whether investors should take assurances at face value.
Slowing growth, weakening store metrics and a puzzling fundraise point to the retailer losing some of its post-Zudio sheen.
While rivals lost users, India’s largest broker leaned on lending and derivatives to deliver strong growth.