India’s fiscal gap widens, touches Rs 7.1 lakh crore
India's fiscal deficit widened to ₹7.10 lakh crore in the first five months of FY27, reaching 41.9% of the annual target. This marks an increase from 38.1% during the same period last year. With total receipts at ₹13.68 lakh crore, the government aims to manage its fiscal gap as it progresses through the financial year.