03-September-2026
Economy News
 
CAD widens slightly to 0.5% in Q1, reserves shrink by $8.1-bn
02-Sep-2026

India’s current account deficit widened to $4.2 billion in Q1FY27, driven by higher energy prices and trade deficit amid West Asia war, but remains manageable with strong capital inflows and forex reserves. Current account seen comfortable around 1% of GDP in FY27 Shubham Rana New Delhi, September 1 India's current account deficit (CAD) widened marginally in the April-June quarter (Q1FY27) from a year ago due to higher energy prices and a wider goods trade deficit on the back of the war in West Asia, the Reserve Bank of India (RBI) data released on Tuesday showed.

News Source:- https://www.financialexpress.com/policy/economy/cad-widens-slightly-to-0-5in-q1-reserves-shrink-by-81-bn/4329967/?ref=economy_hp
 
 
 

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