Key Points
India's fiscal deficit for the year ending March 2024 is expected to be slightly better than the government's projection of 17.35 trillion rupees ($207.81 billion), a government source told Reuters on Thursday...
"Extra tax receipts and some non-tax revenues helped in bettering the fiscal deficit target," the government source, who did not want to be named, told reporters in New Delhi...
Indian government will release the 2023/24 fiscal deficit data on May 31...
Meanwhile, the government will assess if it needs to undertake another round of buying back government securities, after the central bank accepted offers to buy back government bonds worth 105.10 billion rupees at an auction on Thursday against the notified amount of 400 billion rupees..
