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India's April-October fiscal deficit at Rs 8.25 lakh crore, widens on-year to 52.6% of FY26 aim

India's fiscal deficit for April to October, or the first seven months of this fiscal year, was at Rs 8.25 lakh crore, equivalent to 52.6% of annual estimates, widening from the previous year's 46.5%. The government aims to narrow the fiscal gap to 4.4% of GDP in this financial year from 4.8% a year earlier.