India

Infra spending to be in focus in Budget 2026; expect an 8-10% earnings growth for Q3: Mirae Asset's Senior Fund Manager

January 20, 2026

Varun Goel, Senior Fund Manager at Mirae Asset Investment Managers (India), expects the government’s focus on infrastructure spending to continue in Budget 2026, with further impetus on roads, railways and green energy. In an interview with Mint, Goel shared his views on the Indian stock market outlook, Q3 earnings expectations and key risks facing the market. Edited excerpts: We expect the focus on infrastructure spending to continue with further impetus on roads, railways and green energy.

Infra spending to be in focus in Budget 2026; expect an 8-10% earnings growth for Q3: Mirae Asset's Senior Fund Manager

Credit: Livemint

Key Highlights

Defence allocation increase will be beneficial for the defence sector.
Any rationalisation in capital gains/STT will be a positive.
FY26 has turned out to be a year of growth rebound for India.
Significant monetary easing, GST and income tax cuts, good agricultural production and strong recovery in central government capex spending have resulted in a recovery of GDP growth.
Going forward, this growth rebound should get further strengthened and reflect in strong and corporate earnings.

Sources

Infra spending to be in focus in Budget 2026; expect an 8-10% earnings growth for Q3: Mirae Asset's Senior Fund Manager

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

Infra spending to be in focus in Budget 2026; expect an 8-10% earnings growth for Q3: Mirae Asset's Senior Fund Manager

Key Highlights

Sources

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