India's fiscal deficit reached the budgeted 4.4% of GDP for fiscal 2026. This eases immediate government finance worries. However, the focus shifts to next year's ambitious consolidation target. The country might face challenges meeting the current year's deficit goal due to rising subsidy costs. Revenue receipts showed mixed performance compared to the previous year.

India's fiscal deficit reached the budgeted 4.4% of GDP for fiscal 2026. This eases immediate government finance worries. However, the focus shifts to next year's ambitious…

The Centre achieved its fiscal deficit target of 4.4 per cent of GDP for 2025-26, according to provisional data released by the Controller General of Accounts (CGA) on Monday,…