Budget 2025 may take a conservative path, peg nominal growth at 9.5% https://ift.tt/yj7S4oG

India's central government is considering a cautious 9.5% nominal GDP growth estimate for the 2025-26 budget, anticipating slower inflation but continued economic strength. This conservative approach aims to realistically manage fiscal targets. Factors like potential global commodity price moderation and easing energy prices contribute to this outlook, despite recent growth dips.