#government-finance
India meets FY26 fiscal deficit target of 4.4% of GDP; revenue deficit at 1.55%
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 def…
RBI dividend provides fiscal buffer, but inflation risks loom large: Kanika Pasricha, Union Bank
The Reserve Bank of India's dividend payout provides a small fiscal buffer. However, government finances face pressure from fuel excise cuts and rising fertiliser subsidies. Inflation risks are increasing due to higher fuel prices. This situation suggests a c…