Explained: What is the Current Account Deficit, which widened in Q3 of the last FY? - The Indian Express

The widening of CAD in Q3 of 2021-22 was mainly on account of higher trade deficit, according to the Reserve Bank of India.

Indias Current Account Deficit (CAD) increased to $23 billion (2.7 per cent of GDP) in the third quarter (Q3) of 2021-22 from $9.9 billion (1.3 per cent of GDP) in Q2 of 2021-22 and $2.2 billion (0.3… [+3470 chars]

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