April-October fiscal deficit at $67.5 bln - govt

NEW DELHI Fri Nov 30, 2012 2:53pm IST

An employee uses an electronic machine to check a currency note inside a bank in Allahabad December 16, 2011. REUTERS/Jitendra Prakash

An employee uses an electronic machine to check a currency note inside a bank in Allahabad December 16, 2011.

Credit: Reuters/Jitendra Prakash

Related Topics

NEW DELHI (Reuters) - India's fiscal deficit during the April-October period rose to 3.68 trillion rupees, or 71.6 percent of the budgeted full fiscal year 2012/13 target, government data showed on Friday.

During the same period in the previous fiscal year, the deficit was 74.4 percent of the budget target.

Net tax receipts during the April-October period stood at 3.34 trillion rupees and the total expenditure was about 7.79 trillion rupees.

New Delhi is aiming to keep the deficit at 5.3 percent of GDP this fiscal year, a revision to the target of 5.1 percent in the March 2012 budget. (Reporting by Manoj Kumar)

FILED UNDER:

Surprise Rate Cut

Reuters Showcase

Eicher Share Sale

Eicher Share Sale

Truck maker Volvo sells shares in Eicher Motors  Full Article 

Services Growth

Services Growth

Services growth at eight-month high in Feb - HSBC PMI  Full Article 

StanChart Results

StanChart Results

StanChart rules out share sale as profit plunges 25 pct  Full Article 

Bond Market

Bond Market

Bonds at 20-month highs, rupee gains after surprise rate cut  Full Article 

Jim O’Neill Interview

Jim O’Neill Interview

'India can become world’s fifth-largest economy by decade’s end'  Full Article 

Coal Imports

Coal Imports

India coal imports in Feb jump from year ago, but drop m/m  Full Article 

China Services

China Services

China Feb HSBC services PMI edges up to 52.0 as orders improve  Full Article 

Next Superhero

Next Superhero

Franchise Man swoops in to save Bollywood  Full Article 

Budget 2015

Budget 2015

Budget announcements and reactions from the industry  Full Coverage 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device  Full Coverage