SENSEX
NIFTY
GOLD
USD/INR

Weather

image 37    C

Global Business News

The Economic Times

Global Business / The Economic Times

details

India considers spending curbs to protect fiscal deficit target

India's government is reviewing potential budget spending cuts. Higher oil prices are increasing subsidy costs and threatening fiscal goals. Officials are looking at trimming allocations in areas like water resources and loans to states. Capital expenditure and defense spending are unlikely to be reduced.

4 Jun 2026 4:30 pm