The government is expected to exceed its fiscal deficit consolidation target for FY25 due to slower-than-budgeted public capex in an election year, closing at 4.8% of GDP. For FY26, the fiscal deficit is projected to achieve the target of below 4.5% of GDP, with substantial RBI dividends aiding the target, despite weak growth and expenditure cuts.from Business News: Business News, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/qySezVY
