India's fiscal deficit projected at 4.5% of GDP for FY26
after close1 source ↓written by the desknot a recommendation
- deficit narrowed
- ₹12.5 trillion
- of FY26 revised
- 80.4%
- in FY27 due
- ₹1-1.2 trillion
- are expected
- 10-year bond yields
India's fiscal deficit narrowed to ₹12.5 trillion, or 80.4% of FY26 revised estimates during April-February FY26. The government anticipates a net revenue loss of ₹1-1.2 trillion in FY27 due to reduced fuel excise duties, impacting budget forecasts amid rising geopolitical risks. Elevated 10-year bond yields are expected as market conditions evolve.
Not investment advice. For informational purposes only.