New Delhi, Jan. 31 -- India's fiscal deficit for April-December stood at Rs 9.14 trillion ($105.58 billion), accounting for 56.7% of the annual target, according to government data released on Friday.

Government expenditure has been slower this year due to national elections, and capital outlays are likely to fall short of projections.

Some economists expect the fiscal deficit to be narrower than the 4.9% of GDP target for 2024-25 due to reduced spending.

The revised estimate for the current fiscal year and the target for the next will be announced in the Union Budget on Saturday.

Published by HT Digital Content Services with permission from India Blooms....