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Economy

India's April-September fiscal deficit at Rs 5.95 lakh crore

Updated : October 26, 2018 08:27 AM IST

Rising oil prices have been a major drag on India's import bill in 2018, leading credit rating agencies to question whether the country can meet its fiscal deficit target of 3.3 percent of GDP in the 2018/19 fiscal year.
The government said last month that it was confident of meeting its fiscal deficit target of 3.3 percent of gross domestic product for the fiscal year ending in March 2019.
India's April-September fiscal deficit at Rs 5.95 lakh crore
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