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%
- last year
- ₹13.5 trillion
- are expected
- 10-year government bond yields
India's fiscal deficit narrowed to ₹12.5 trillion, or 80.4% of FY26 revised estimates, down from ₹13.5 trillion last year. The government’s recent excise duty cut on fuels may lead to a net revenue loss of ₹1-1.2 trillion in FY27, impacting budget forecasts amid rising geopolitical risks. Elevated 10-year government bond yields are expected as a result.
Not investment advice. For informational purposes only.