The deficit target surprised various market participants who had expected more generous spending to spur growth. But market experts say that there are other reasons for sticking to prudence.
The Union Budget 2025–26 is crafted as a bold statement of fiscal consolidation and long-term structural reforms, with the government maintaining the fiscal deficit at 4.4 per cent for FY26 while ...
The Union Budget 2025–26 is crafted as a bold statement of fiscal consolidation and long‐term structural reforms, with the government maintaining the fiscal deficit at 4.4 per cent for FY26 while ...