---
title: "Siddharth Zarabi analyzes market trends and tax policy expectations ahead of Union Budget 2026"
type: "News"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/news/274406357.md"
description: "Siddharth Zarabi leads a panel discussion on market trends and expectations for the Union Budget 2026, emphasizing the need for fiscal stability and credible numbers. The discussion includes the Indian economy's 'Goldilocks movement', a shift to a new tax regime, and limited indirect tax changes. The panel also addresses capital expenditure in infrastructure, potential defense budget increases, and the importance of stimulating private investment. Dr. Baru notes stagnant domestic demand and private capital formation, highlighting the finance ministry's challenge in balancing revenues with high-priority spending."
datetime: "2026-02-01T04:55:16.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/274406357.md)
  - [en](https://longbridge.com/en/news/274406357.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/274406357.md)
---

> 支持的語言: [简体中文](https://longbridge.com/zh-CN/news/274406357.md) | [English](https://longbridge.com/en/news/274406357.md)


# Siddharth Zarabi analyzes market trends and tax policy expectations ahead of Union Budget 2026

On this Special Report, Managing Editor Siddharth Zarabi leads a panel discussion on the expectations and market sentiments surrounding the Union Budget. Analyzing the current economic climate, Zarabi emphasizes the need for stability, stating, 'Don't surprise anyone negatively, continue down the path of fiscal consolidation and solid factual credible numbers.' The discussion covers the 'Goldilocks movement' of the Indian economy, the shift toward the new tax regime, and the limited scope for indirect tax tinkering. The panel, including Chetan Bhutani and Sakshi Batra, explores capital expenditure in infrastructure, the potential for a 10-25% hike in defense allocation following 'Operation Sindoor', and the necessity of triggering 'animal spirits' in private investment. Dr. Baru highlights that while fiscal stabilization is on track, domestic demand and private capital formation remain stagnant. The program provides a comprehensive look at how the finance ministry might balance non-tax revenues with high-priority spending in a shifting global world order.

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