Indian shares dipped and climbed up again during the government’s budget presentation on Thursday as fears over social spending gave way to relief over tax incentives. But the market ended up down for the day as investors ultimately found little to cheer.
Budget Fails to Impress Investors, Sensex Ends Down 0.3%
Rajrishi Singhal, Senior Geo-Economics Fellow, Gateway House, speaks about how the budget shows the government's lack of clarity in its foreign direct investment (FDI) policy