New Delhi, Jan. 14 -- Union Budget 2026 is set to be presented on Sunday, 1 February, by Finance Minister Nirmala Sitharaman. It marks her ninth budget and the 88th budget in India's post-Independence history.

Against the backdrop of rising global uncertainties, elevated commodity prices, geopolitical risks, and trade tensions, analysts expect the FY27 budget to continue India's gradual fiscal consolidation journey while providing headroom for strategic capex and reforms in key sectors.

Domestic brokerage firm Motilal Oswal expects the FY27 Union Budget to mark a pivotal moment in India's fiscal framework, with the gross fiscal deficit targeted at 4.3% of GDP, down from 4.4% in FY26.

Last year, the union budget prioritized boosting con...