India's April-Dec fiscal deficit narrows to 7.01tr rupees

India's April-December fiscal deficit narrowed to 7.01 trillion rupees ($97.80 billion), or 112.4 percent of the budgeted target for the current fiscal year, government data showed on Monday.

In April-November, the country's fiscal deficit was 7.17 trillion rupees, or about 115 percent of the budgeted target.