Akshat Khetan

A five-member NCLT bench has stayed the Subhash Chandra repayment plan, issued a notice, and barred him from moving a rupee of property. In one interim direction, the tribunal has done what no lender managed by covenant in two decades. That, and not the arithmetic, is the story.

The direction for Budget 2026 is right, but delivery will decide credibility. In that sense, this is a Budget that excites on paper while simultaneously inviting scrutiny on execution.