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Global Business News

The Economic Times

Global Business / The Economic Times

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Union Budget seen lifting spending, reforms to offset US tariffs

Ahead of the Feb. 1 Budget, PM Modis government is expected to boost infrastructure spending and improve ease of doing business while maintaining fiscal discipline. Finance Minister Nirmala Sitharaman may simplify import duties and ease compliance for small businesses, aiming to support growth amid muted private investment and global risks, including punitive US tariffs.

29 Jan 2026 8:30 am