September 18, 2017 9:00 PM
Current account deficit increases to 2.4% of GDP in first quarter: RBI
Current account deficit (CAD) of the first quarter of this fiscal widened to 2 point 4 per cent of gross domestic product, or 14(point)3 billion dollars, as imports pushed the trade deficit. It was 0.1 per cent or 401 million dollars in the same period last year. On a sequential basis, the CAD also ...