The Economic Times

India hits FY26 fiscal deficit target, stays on debt-cut path: Nirmala Sitharaman

India's Finance Minister confirmed achieving fiscal deficit targets for 2025-26. The government plans to reduce the debt-to-GDP ratio to fifty percent by 2030. Domestic economic growth sustained over seven percent despite global headwinds. India managed fertilizer shortages and shipping risks through government intervention. Bilateral trade agreements are advancing due to slow multilateral progress.