India’s Current Account Deficit Shrinks

2023 • 3min • News • Business


Published On: December 27, 2023 - India’s current account deficit for FY 2023-24 narrowed to $8.3 billion, constituting 1% of the gross domestic product. This is a substantial improvement from the $30.9 billion CAD, which represented 3.8% of the GDP during the corresponding period in the previous fiscal year. Join News9’s Shweta Kothari and Amit Ranjan for more on this story.