Focus now turns to policy execution, with economists watching to see if policymakers can deliver on their aim of supporting growth without sacrificing fiscal prudence or financial stability.

India's Union Budget 2025-26 introduces several revisions to taxation policies, besides provisions for focus industries and MSMEs.

India's annual budget announcement was a bigger deal than usual this year: As the first full budget of Prime Minister Narendra Modi's third term, it will set the tone for how the world's fifth-largest economy confronts slowing growth and sagging markets.