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India's current account deficit narrowed in Q1 FY26 but economists warn this improvement may not be sustainable outlook due to higher US tariffs and lower foreign investment.
India's current account logged a deficit in the April-June quarter on the back of a higher merchandise trade shortfall, the Reserve Bank of India said on Monday.
Discover the differences between available and current balances in banking accounts, and learn how each impacts your daily ...
Union Bank of India projects India's current account deficit to nearly double to 1.2% of GDP in FY26, up from 0.6% in FY25, ...
India's current account deficit is expected to rise from 0.6% to 1.2% of GDP by FY26, influenced by trade conditions and global commodity prices. The oil trade deficit increased significantly in July ...
This marked a reversal from the $13.5-billion surplus (1.3% of GDP) recorded in January-March, which had comfortably beaten expectations.
India's current account logged a deficit in the April-June quarter on the back of a higher merchandise trade shortfall, the Reserve Bank of India said on Monday.