Current account deficit narrows to 1% of GDP at $8.3 bn in Q2: RBI
On a year-on-year basis, the country's current account deficit narrowed by 3.8% from $30.9 billion in the September quarter last fiscal year.
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December 2023
April 2023
CAD to moderate to 1.6% of GDP, exports to contract by 5% in FY24: CareEdge Ratings
The rating agency projects imports to contract by 4% in FY24 on the back of healthy growth in FY23, which is estimated to be at 15%.
