Union Bank of India projects India's current account deficit (CAD) may nearly double to 1.2% of GDP in FY26 due to rising trade and geopolitical tensions. A widened merchandise trade deficit and the ...
India's current account deficit (CAD) is expected to almost double in the current financial year, FY26, to 1.2 per cent of gross domestic product (GDP), compared with 0.6 per cent in FY25, amid rising ...