01
Feb
New Delhi: India’s economy is poised for strong expansion, with real GDP projected to rise by 7.4% in the financial year 2025–26, Union Finance Minister Nirmala Sitharaman announced while presenting the Union Budget 2026-27 in Parliament. Nominal GDP is expected to grow by 8% this year, while forecasts for FY 2026-27 indicate a further increase to 10%, highlighting the resilience of the Indian economy amid global uncertainties. The services sector continues to lead the growth story, expanding by 9.1%, while manufacturing and construction grew by 7% and agriculture by 3.1% in FY25-26. Rising domestic demand is providing a strong foundation…