BusinessQuiet 74d · day 74
India's current account deficit widens to $4.2 billion in Q1 FY27
RBI data shows India's trade gap expanded in April-June quarter as imports outpaced exports.
What to know
- India's current account deficit widened to $4.2 billion in Q1 FY27, up from the previous quarter, driven by a rising trade gap.
- The deficit represents 0.5% of GDP, indicating a growing imbalance between imports and exports.
- India's overall balance of payments swung into negative territory with an $8.1 billion deficit in the same period.
Reserve Bank of India Economic regulator
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