India's Union Budget 2026 Focuses on Growth, Fiscal Discipline, and Strategic Sector Support

India's Union Budget 2026, to be presented by Finance Minister Nirmala Sitharaman, is expected to focus on sustaining economic growth amid global trade challenges, including US tariffs and geopolitical risks. Key themes include fiscal discipline with a targeted deficit around 4.3%, boosting private sector capital expenditure, and supporting strategic sectors like defence, infrastructure, and critical minerals. The budget may also address outbound investment tax reforms and trade relations, reflecting a cautious yet growth-oriented approach in a complex international environment.