Sitharaman said the Budget is seeking fiscal consolidation and set the fiscal deficit at 5.1% of GDP for FY25 lower than last year’s fiscal deficit at 5.8% of GDP. The speech also stated that the government aims to reduce fiscal deficit to below 4.5% by FY26

Moneycontrol Pro Panorama | Rooting for a home run
Jan 2, 2026 / 03:00 PM IST
For January 2 edition of Moneycontrol Pro Panorama: RBI highlights progress in bank clean-ups but challenges remain, rising taxes ...
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