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The Economic Times

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A Budget of Calibrated Ambition: Reading FY27 fiscal tea leaves

Finance Minister Nirmala Sitharaman's Budget 2026-27 prioritizes stability and resilience. The fiscal deficit remains controlled, while capital expenditure sees a historic rise. Strategic sectors like electronics and biopharma receive a boost. The services sector, a key growth driver, gains renewed emphasis with tax reforms. Direct tax laws are simplified.

2 Feb 2026 12:34 am