The 2025-26 Union Budget came at a time of moderating domestic growth and heightened global uncertainty. At a recent joint session of the India CEO, CFO, CHRO, CMO, ISF and CFO NxT Forums, AK Bhattacharya, Editorial Director of the Business Standard, provided a medium-term outlook for the Indian economy. He assessed the Budget’s key policy announcements and their impact on India’s growth trajectory. Further, he examined the prospects for reforms and fiscal consolidation, as well as the challenges and opportunities that lie ahead. This podcast summarises these discussions.