India’s Budget 2026–27 is quietly shaping foreign policy through numbers. ₹5,685 crore has been allocated as grants and development aid, revealing who New Delhi prioritises in a tense neighbourhood. Bhutan emerges as the biggest beneficiary, underlining its strategic value against China. Nepal and Sri Lanka see calibrated support, while Afghanistan gets cautious but continued engagement. In contrast, aid cuts to Bangladesh, Maldives and Myanmar signal diplomatic strain. Palki Sharma tells you more.