India’s April–May fiscal deficit stood at ₹13,163 crore or 0.8% of the FY26 target, aided by a sharp jump in non-tax revenue driven by the RBI’s record dividend payout.

India’s April–May fiscal deficit stood at ₹13,163 crore or 0.8% of the FY26 target, aided by a sharp jump in non-tax revenue driven by the RBI’s record dividend payout.