India's fiscal deficit widens to ₹1.62 lakh crore
after close1 source ↓written by the desknot a recommendation
- in April-May FY27
- ₹1.62 lakh crore
- last year
- ₹13,200 crore
- expenditure rose
- ₹2.51 lakh crore
- tax revenue reached
- ₹5.25 lakh crore
India's fiscal deficit increased to ₹1.62 lakh crore in April-May FY27, up from ₹13,200 crore last year. Capital expenditure rose to ₹2.51 lakh crore, while gross tax revenue reached ₹5.25 lakh crore. The widening deficit may influence market sentiment, particularly in sectors reliant on government spending.
Not investment advice. For informational purposes only.