Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag India's fiscal deficit hit 36.5% of annual target in first half of FY26, driven by higher spending and lower taxes.

flag India's fiscal deficit reached ₹5.73 trillion (36.5% of the full-year target) in the first half of FY26, up from 29.4% the prior year, driven by a 40% surge in capital expenditure to ₹5.8 trillion and lower tax revenues. flag Total spending rose to ₹23.03 trillion, while net tax receipts declined slightly to ₹12.29 trillion. flag Non-tax revenue, boosted by a ₹2.69 trillion dividend from the Reserve Bank of India, rose 30.5%. flag Despite tax collection challenges, officials expect the fiscal deficit to stay within the 4.4% of GDP target, supported by expenditure management and strong non-tax inflows.

24 Articles

Further Reading