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Fiscal deficit at 18.2% of FY27 target in Q1 as govt steps up capex

Capital expenditure rose to Rs 3.40 lakh crore, or 27.8 percent of the annual target, compared with 24.5 percent achieved in the same period of FY26 India's fiscal deficit reached 18.2 percent of the full-year Budget Estimate in the first quarter of FY27, marginally higher than 17.9 percent in the corresponding period last year, as the government maintained a faster pace of capital expenditure. A... [1918 chars]

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