India's economy is set for the February 1 Budget with GDP growth exceeding 8% and CPI inflation reaching a historic low of 0.25% in October 2025. The Reserve Bank of India has revised its FY26 inflation outlook down to 2.0%, a significant decrease from its earlier 4.0% forecast. This economic climate shapes expectations for the upcoming budget, which aims to balance continued growth with inflation targets amidst global economic concerns and the government's focus on fiscal prudence.