Current Account Deficit News

Prime Minister Narendra Modi recalled India's past economic struggles as one of the 'Fragile Five' nations in 2013, highlighting weak GDP growth, high inflation

Gold imports are projected to decrease by 15% in September following Prime Minister Modi's appeal to citizens to reduce gold purchases. This initiative aims to

India's current account deficit widened to $6.2 billion in June, according to RBI data, primarily due to a significant increase in the merchandise trade deficit

The government plans to engage with state-owned banks to attract foreign investment, aiming to stabilize the rupee and reduce the current-account deficit. Discu

India's current account deficit is projected to widen to 1.5% of GDP by fiscal year 2027, primarily due to higher crude oil and commodity prices. This widening

India's current account recorded a $2 billion deficit in May, primarily driven by a widened merchandise trade gap of $27.9 billion, despite surpluses in service