Finance minister Nirmala Sitharaman’s budget, though celebrated for the tax cuts by the middle class, did not impress stock markets due to the global economic uncertainty caused by anticipated tariffs from former President Donald Trump. The budget’s most noteworthy feature is the reduction of the fiscal deficit to 4.4% of GDP. Finance minister Nirmala Sitharaman’s budget, though celebrated for the tax cuts by the middle class, did not impress stock markets due to the global economic uncertainty caused by anticipated tariffs from former President Donald Trump. The budget’s most noteworthy feature is the reduction of the fiscal deficit to 4.4% of GDP. Economic Times
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