ADVERTISEMENT
ADVERTISEMENT
India's current account deficit moderates to $12.3 billion in Sept quarter, RBI data shows
-
Reuters - Mon, 01, Dec 2025
- 09:48 EST
- 9
A logo of the Reserve Bank of India (RBI) is seen during the Global Fintech Fest in Mumbai, India, August 29, 2024. / REUTERS/Francis Mascarenhas
India's current account deficit moderated in the July-September quarter on the back of a lower merchandise trade deficit, the Reserve Bank of India said on Dec. 1.
The current account deficit stood at $12.3 billion, or 1.3 percent of GDP, in the second quarter of the fiscal year 2025-26, compared with an upwardly revised deficit of $20.8 billion, or 2.2 percent of GDP, in the same quarter a year ago.
In the preceding quarter, the current account had recorded a deficit of $2.4 billion, or 0.2 percent of GDP.
Related
ADVERTISEMENT
ADVERTISEMENT
E Paper
Video
Comments
Start the conversation
Become a member of New India Abroad to start commenting.
Sign Up Now
Already have an account? Login