Current account deficit widens to 4.4% in Q2 FY2023
The country’s current account deficit (CAD) widened to 4.4 per cent of gross domestic product (GDP) in the second quarter of the fiscal 2022-23 on higher merchandise trade deficit. In the same quarter of fiscal 2022, CAD stood at 1.3 per cent of GDP and at 2.2 per cent of GDP in Q1 of FY2023, […]









