India to Raise Rs 8 Trillion via Bonds in First Half of Fiscal Year

The Indian government announced on Thursday that it will raise Rs 8 trillion ($93.34 billion) by issuing bonds between April and September for the next financial year. This borrowing will be part of its overall funding plan, according to the finance ministry.

The government will use this borrowing to cover its budget shortfall, which is set at 4.4% of the GDP for 2025-26.