* In headwinds, Budget stays the course, batters markets with tax
* Trump tariff shadow: Budget addresses US demands, backs vulnerable sectors
* Transaction tax hiked to curb ‘speculation’ in F&O, but its volumes were already down
* Higher tax share for south states, Hindi heartland states see dip
* Corridor to future: High-speed rail, freight, one for rare earths
* In first Budget after Operation Sindoor, 15% hike for defence
* Trump says India will buy Venezuela oil, new window after Iran, Russia
* Pak to boycott T20 match against India, ICC warns of ‘implications’
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