India Fiscal Deficit Target 2026-27: India unlikely to revise fiscal deficit target immediately despite Middle East shock, capex stays priority: Report
India does not see any immediate threat to its fiscal deficit target for 2026-27 despite the financial strain from the ongoing Middle East crisis, and the government will continue to prioritise capital expenditure, according to two government sources.New Delhi had budgeted a fiscal deficit of 4.3 per cent of GDP for the financial year that…