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The merchandise trade deficit narrowed to $61 billion in the quarter from $78.3 billion in the year-ago quarter. The decline in the country’s oil import bill due to the decline in crude prices during the quarter played a key role in the decline in the trade deficit. - Current Account Deficit (CAD) Of India Narrows To $8.3 Billion In July-September Quarter ....
Underlying the lower current account deficit on a y-o-y basis in Q2:2023-24 was the narrowing of merchandise trade deficit to $61.0 billion from $78.3 billion in Q2:2022-23 ....
As I pull up before Sarah Long’s Savannah Quarters home, it seems fitting that a loquacious five-year-old runs out to introduce himself, shake my hand,. ....
India s current account deficit (CAD), representing the excess of imports over exports, contracted to 1% of the gross domestic product (GDP) in the September 2023 quarter. The deficit stood at $8.3 billion, down from $9.2 billion in the June 2023 quarter and $30.9 billion (3.8% of GDP) a year ago. Services exports grew by 4.2% year-on-year, driven by increased exports of software, business, and travel services. ....