India's April-January fiscal deficit at Rs 9.81 lakh crore, narrows on-year to 63% of FY26 aim

India's fiscal deficit for April to January, or the first ten months of this fiscal year, was at 9.81 lakh crore rupees, equivalent to 63% of annual estimates, narrowing from the previous year's 74.5%. The government aims to narrow the fiscal gap to 4.4% of GDP in this financial year from 4.8% a year earlier. Revenue deficit was at 1.96 lakh crore rupees or 37.3% of the fiscal year's budget target.