India’s Current Account Gap Expands to $4.2 Billion in First Quarter
NEW DELHI, Sep 2: India’s current account deficit (CAD) widened to $4.2 billion in the first quarter of 2026-27, reflecting a larger merchandise trade gap during the April-June period.
According to data released by the Reserve Bank of India, the deficit stood at $3.4 billion in the corresponding quarter a year earlier. As a share of the economy,…
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