Budget 2025: Nirmala Sitharaman tightens fiscal belt, pegs FY26 deficit at 4.4% of GDP

Finance Minister Nirmala Sitharaman has set the course for fiscal consolidation in her Budget, announcing a fiscal deficit of 4.8% of GDP for FY25, revised downward from the earlier estimate of 4.9%.
Looking ahead, the FY26 deficit target h
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