New Delhi, Feb. 1 -- Finance minister Nirmala Sitharaman will on Saturday deliver her eighth Union budget in a row as the National Democratic Alliance government that returned to office last year with reduced majority in Lok Sabha seeks to add vigor to economic growth and create more jobs. It is easy for a government to usher in reforms early into its term as there may not be any immediate political risks. Mint takes a look at key factors to watch out for in the Union budget for 2025-26.

The Union Budget makes an estimate of gross domestic product (GDP) for the financial year in nominal terms, on the basis of which key fiscal indicators such as fiscal deficit are expressed.

Bank of Baroda on Friday said India's nominal GDP could grow at...