FX.co ★ Indian Budget Deficit Narrows in April-February

India's fiscal deficit decreased to INR 13.47 trillion during the April to February period of the 2024-25 fiscal year, compared to INR 15.01 trillion in the same timeframe of the previous year. Overall government spending rose by 3.9%, amounting to INR 38.93 trillion, while revenue collection surged by 13.4%, totaling INR 25.46 trillion.