Do More With Reuters
Partner Services

India's Aprl-July fiscal deficit at $26.5 bln - govt

Fri Aug 29, 2008 4:22pm IST
 
Email | Print | | Single Page
[-] Text [+]

NEW DELHI (Reuters) - India's fiscal deficit during April to July stood at 1.16 trillion rupees ($26.5 billion), or 87 percent of the annual target, the government said on Friday.

In February, the government set a fiscal deficit target of 1.33 trillion rupees, or 2.5 percent of gross domestic product for the 2008/09 fiscal year, lower than 2.8 percent in the previous year.

Photo

special coverage

Budget 2009
Budget 2009

The government presents the budget for the full fiscal year 2009/10 on July 6.  Full Coverage 

Market Update

  • IndiaIndia
  • USUS
  • UKUK
  • Asia
  • Most Actives

SHOWCASE

Photo
Is the budget over-rated for personal finance?

Expectations are high given the outcome in the general elections.  Commentary 

 
Nilekani: Infosys' loss or govt’s gain?
Nilekani: Infosys' loss or govt’s gain?

Nandan Nilekani has resigned from the Infosys board to join the government.  Commentary | Slideshow 

 
Launched

Tata Motors announced the launch of Jaguar and Land Rover vehicles in India.  Slideshow | Video 

 
Satyam
The new Satyam

Stay updated with the developments at Satyam.  Full Coverage 

 
M&A Review
M&A Review

A review of mergers and acquisitions.  Full Coverage 

 
Financial Turmoil Timeline
Financial Turmoil Timeline

A round-up of measures taken by the U.S Federal Reserve since June 2007 to tackle the financial crisis.  Full Coverage