Balance of payments

Credit rating agency Acuite Ratings & Research on Monday said it has revised its forecast of India's current account deficit to $68 billion from $106 billion and the balance of payments deficit to $17 billion from $38 billion…

India’s current account deficit (CAD) declined sequentially to $18.2 billion, or 2.2 per cent of the country's GDP, in the quarter ended December 2022 from $30.9 billion in Q2FY23 (3.7 per cent of GDP). The CAD was $22.2 billion…

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