The finance minister emphasised that reducing the fiscal deficit from 5.6 percent of GDP in FY24 to 4.9 percent in FY25 will "not only keep the bond yields in check but also manage borrowing costs"

India’s fiscal deficit stood at Rs 4.4 lakh crore, or 27 per cent of the annual estimate, in the April-August period in the current fiscal (FY25), from Rs 6.4 lakh crore in the same period last year, the government announced on Monday.

The latest fiscal deficit is much lower than the corresponding period of the previous fiscal due to higher tax receipts, a handsome dividend payout by the central bank and lower government capital exp

As per government data, total receipts stood at Rs 12.17 lakh crore in the April-August period, while overall expenditure was Rs 16.52 lakh crore, or about 34 per cent of the annual goal, lower than the Rs 16.

India's fiscal deficit for April-August was 4.35 trillion rupees ($51.93 billion), or 27% of the estimate for the financial year, government data showed on Monday.

The fiscal deficit for April-August stood at Rs 4.35 lakh crore or 27 per cent of the total target set for the fiscal year, the data released by the government showed on Monday.  While the government kept spending a whopping 110 per cent more than it did last year on its capital expenditure (capex) in July,

India's fiscal deficit for April to August, or the first five months of this fiscal year, was at 4.35 lakh crore rupees, equivalent to 27% of annual estimates, narrowing from the previous year's 36%.