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Monday , 11 December 2017
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Tag Archives: Current Account Deficit

India’s Current Account Deficit Jumps To 1.4% Of GDP In December Quarter: RBI

CAD

The Reserve Bank of India (RBI) has revealed that the current account deficit (CAD) widened to $7.9 billion in the Oct.-Dec. quarter of the current financial year. The current CAD is 1.4% of GDP as compared with $3.4 billion, or 0.6%, recorded in the preceding quarter. CAD was $7.1 billion in the third quarter of the fiscal 2015-16. The RBI has ... Read More »

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