India, Feb. 2 -- India's budget for 2026-27, presented by Union Finance Minister Nirmala Sitharaman on Sunday, drew attention from business leaders across the country. Uday Kotak, founder of Kotak Mahindra Bank, took to X (formerly Twitter) to share his thoughts, describing it as a "budget for the real economy."

While noting the overall fiscal discipline, Uday Kotak highlighted the welcome increase in defence spending.

He said the budget appeared to carefully balance the financialisation of the economy with long-term development, aiming to strengthen diverse sectors across India.

"Fiscal discipline continues, but the focus on development and real economic growth is clear," he added.

Finance Minister Nirmala Sitharaman presented a budg...