India's April-July fiscal deficit at 29.9% of 2025/26 target
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FILE PHOTO: A man speaks on his mobile phone next to an installation of the Rupee logo and Indian currency coins outside the Reserve Bank of India (RBI) headquarters in Mumbai, India, August 1, 2025. REUTERS/Hemanshi Kamani/File Photo
NEW DELHI (Reuters) -India's fiscal deficit in April-July was 4.68 trillion rupees ($53.48 billion) or 29.9% of the estimate for the financial year ending March 31, government data showed on Friday.
KEY NUMBERS
* Net tax receipts at 6.6 trillion rupees compared with 7.1 trillion rupees a year earlier
* Non-tax revenue at 4 trillion rupees compared with 3 trillion rupees a year ago
* Total government expenditure at 15.6 trillion rupees compared with 13 trillion rupees a year earlier
* Capital expenditure, or spending on building physical infrastructure, was 3.5 trillion rupees, against 2.6 trillion rupees a year ago
($1 = 87.5060 Indian rupees)
(Reporting by Nikunj Ohri; Editing by Harikrishnan Nair)
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