03-March-2026
Economy News
 
CAD widens to 1.3% in Q3, reserves shrink by $24.4-bn
03-Mar-2026

India’s current account deficit (CAD) increased to $13.2 billion or 1.3% of the gross domestic product in Q3 2025-26 from $11.3 billion (1.1%) in the year-ago period mainly due to a higher merchandise trade deficit, according to data released by the Reserve Bank of India (RBI) on Monday. The merchandise trade deficit was $93.6 billion in Q3 this fiscal year, which is higher than the $79.3 billion recorded in Q3FY25.

News Source:- https://www.financialexpress.com/business/news/cad-widens-to-1-3-in-q3-reserves-shrink-by-244-bn/4160494/
 
 
 

Notes:
1. Copyright and ownership of all content from IMC and other IMC sites belongs to IMC except third-party resources
2. Copyright, intellectual property right, ownership or responsibility of error of other content belong to respective sources
3. Please do not reply to this mail

For suggestions and feedback click here.

Disclaimer:
IMC is not responsible for any kind of loss arising due to the information. You are receiving this newsletter because you have subscribed to this service. To unsubscribe click here.
Head Office : IMC Bldg., IMC Marg, Churchgate, Mumbai - 400 020 India  |   Tel : 91-22-22046633  |   Fax : 91-22-22048508 / 22838281
E-Mail : imc@imcnet.org  |   Website : www.imcnet.org