Election results and immediate impact A Moody's Ratings analyst predicts that India's ambitious efforts at budget restructuring will be hampered by the alliance led by Prime Minister Narendra Modi's smaller victory margin in the elections.

Narrow election victory limits scope for Indian fiscal reforms, says Moody's analyst

The economic affairs secretary said that the government now had preliminary numbers till March 28 which indicated that it was 'very close' to the revised fiscal and revenue deficits for the current fiscal year

On course to meeting fiscal deficit target: Top finance ministry official

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india fiscal-deficit

Narrow election victory limits scope for Indian fiscal reforms, says Moody's analyst

On course to meeting fiscal deficit target: Top finance ministry official