Current account deficit increases to 2.4% of GDP in Q1: RBI data – Kasmir Monitor

September 16, 2017
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Kasmir Monitor
New Delhi :India’s current account deficit (CAD) soared to a four-year high of $14.3 billion, or 2.4% of gross domestic product (GDP), in the June quarter as gold imports picked up ahead of implementation of the goods and services tax (GST) starting …
Widening current account deficit a new worry for Modi government, RBIHindustan Times
CAD widens to USD 14.3 bn or 2.4% in Q1 on high trade deficitEconomic Times
CAD in India soars to 3 year high of $14.3 bn, but still $11.4 bn added to reservesFinancial Express
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