India records current account deficit (CAD) of 1.2% in FY22 - Economic Times
6/22/2022 12:00:00 AM2 years 10 months ago
by Gayatri Nayak
by Gayatri Nayak
The current account deficit (CAD) for India in the fiscal year 2021-22 has come in at 1.2%. The deficit in the fourth quarter moderated to 1.5% from 2.6% in Q3.
India's current account deficit (CAD) for the quarter ended March 22 was sequentially narrowed to 1.5 per cent of GDP as remittances from overseas Indians as well as software exports surged and the o… [+2342 chars]
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