India's April-May fiscal deficit at ₹1.62 lakh crore, widens on-year to 9.6% of FY27 target
- Posted on June 30, 2026
- By Business News Today
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India's April-May fiscal deficit at ₹1.62 lakh crore, widens on-year to 9.6% of FY27 target
India's fiscal deficit stood at ₹1.62 lakh crore during April-May, accounting for 9.6% of the full-year budget estimate, according to government data released on Tuesday.