The Times of India

Union Budget 2026: FM may maintain FY27 fiscal deficit at 4.4%, same as FY26; here's what Nuvama expects

The Union Budget 2026 may maintain the fiscal deficit at 4.4% of GDP in FY27, according to Nuvama, as the economy shows fragile momentum. The government might focus on deregulation and disinvestments to support growth, rather than fiscal expansion, with a continued emphasis on sectors like semiconductors and AI.