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India Business News: The current account deficit (CAD) for the September quarter shrunk to $8.3 billion, around 1% of the GDP. The improvement was due to a significant red ....
India Business News: Stock market today: BSE Sensex and Nifty50, the two key Indian benchmark indices ended at all time-highs on Wednesday. We take a look at some possible ....
For the first half of 2023-24, India s current account deficit more than halved to $17.5 billion from $48.8 billion in April-September 2022, Reserve Bank of India data showed. ....
India s current account deficit (CAD) for the July-September quarter of fiscal 2023-24 narrowed to $8.3 billion, constituting 1% of the GDP. This is a decline from the $9.2 billion or 1.1% of GDP reported in the preceding quarter. The improvement is attributed to a reduced merchandise trade deficit, which contracted to $61.0 billion from $78.3 billion in the same quarter the previous year. ....