India's annual budget announcement was a bigger deal than usual this year: As the first full budget of Prime Minister Narendra Modi's third term, it will set the tone for how the world's fifth-largest economy confronts slowing growth and sagging markets.

India's Union Budget 2025-26 introduces several revisions to taxation policies, besides provisions for focus industries and MSMEs.

India announced a series of budget measures, including major investments in agriculture, manufacturing, infrastructure, and nuclear power, aimed at spurring economic growth.

The Indian government's decision to ease the tax burden for middle-class consumers may not have a large impact on growth, Moody's Ratings said in response to the federal budget.

NITI Aayog’s former CEO Amitabh Kant has hailed the Union Budget 2025 as one of the most progressive and forward-looking financial plans, asserting that it lays the foundation for India’s sustained economic growth at 8-9 per cent over the next three decades.

Indian Prime Minister Narendra Modi may seek to shore up faltering economic growth, placate a middle class squeezed by high prices and low wage growth, and prepare for an uncertain year of global trade in the nation's budget this week.