Services exports save the day for current account in Q2
Hindustan Times|December 28, 2024
A rise in services exports helped narrow India's current account deficit (CAD) in the September quarter, although this marked the second consecutive quarterly deficit after hitting a surplus in the final three months of FY24.
Gopika Gopakumar
Services exports save the day for current account in Q2

Reserve Bank of India (RBI) data released on Friday showed CAD during the quarter at $11.2 billion or 1.2% of GDP, compared with $11.3 billion or 1.3% of GDP a year earlier.

This story is from the December 28, 2024 edition of Hindustan Times.

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This story is from the December 28, 2024 edition of Hindustan Times.

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