21-July-2025
Economy News
 
India's CAD to face upward risk amid rising commodity prices: UBI Report
19-Jul-2025

India's current account deficit (CAD) is likely to see a marginal rise in FY26 as there is minor upward risk on it, noted a report by Union Bank of India. However, the UBI report maintained its earlier forecast of a widening CAD to 1.2 per cent of GDP in FY26, compared to an estimated 0.9 per cent in FY25. The report also mentioned that there are downside risks to the FY25 estimate.

News Source:- https://economictimes.indiatimes.com/news/economy/policy/indias-cad-to-face-upward-risk-amid-rising-commodity-prices-ubi-report/articleshow/122742647.cms
 
 
 

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