Expect higher CAD in the coming quarters - Economic Times

FY'22 current account balance which are expected to be released by the end of the month. The current deficit by ratings firm India Ratings is estimated at a three-Year High of 1.38% from 0.9 percent of GDP in FY'21 as demand picked up due to economic revival …

India's external sector support which India enjoyed in the last two years is set to diminish. Record trade deficit in April-May of $43.7 billion coupled with soaring oil and commodity prices are expe… [+3001 chars]

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