India moves to current account deficit of $9.7 bn in Q1FY25 from surplus in previous quarter

India’s current account deficit (CAD) widened marginally to $9.7 billion (1.1 per cent of GDP) in Q1 FY2024-25 from $8.9 billion (1.0 per cent of GDP) in Q1 2023-24 and against a surplus of $4.6 billion (0.5 per cent of GDP) in Q4:2023-24.
Read The Rest at :