19-July-2026
Economy News
 
India's current account deficit likely to widen to 1.5% of GDP in FY27 as higher oil prices weigh: Report
18-Jul-2026

India's current account deficit (CAD) is expected to widen sharply to 1.5 per cent of GDP in FY27 from 0.6 per cent in FY26, as higher crude oil and commodity prices increase pressure on the country's external balance, according to Crisil's 'Trade First Cut' report for July 2026.

News Source:- https://timesofindia.indiatimes.com/business/india-business/indias-current-account-deficit-likely-to-widen-to-1-5-of-gdp-in-fy27-as-higher-oil-prices-weigh-report/articleshow/132460485.cms
 
 
 

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