Current account deficit narrows to 1.1% of GDP : The Tribune India

Join Whatsapp Channel

Current account deficit narrows to 1.1% of GDP

Current account  deficit narrows  to 1.1% of  GDP


PTI

Mumbai, September 28

India’s current account deficit (CAD) narrowed to $9.2 billion or 1.1% of GDP for the April-June period, the Reserve Bank of India said on Thursday.

The current account deficit (CAD), which represents the difference between the total amount of money sent abroad and money received from overseas across the economy, stood at $17.9 billion or 2.1% of GDP in the year-ago period.

#Mumbai #Reserve Bank of India RBI


Top News

PM Modi given standing ovation at BJP Parliamentary Party meeting for assembly poll success

PM Modi cites poll win data to assert BJP most preferred party for governance

Speaking at the BJP Parliamentary Party meeting, he credits ...

Revanth Reddy to be sworn in as Telangana CM today

Revanth Reddy to be sworn in as Telangana CM today

The swearing-in ceremony of the 56-year-old leader would be ...

UN chief uses rare power to warn Security Council of impending 'humanitarian catastrophe' in Gaza

UN chief uses rare power to warn Security Council of impending 'humanitarian catastrophe' in Gaza

His letter to the council's 15 members on Wednesday says Gaz...

India-born media veteran Samir Shah selected as new BBC chairman

India-born media veteran Samir Shah selected as new BBC chairman

The 71-year-old will replace Richard Sharp

Pranab Mukherjee saw Rahul Gandhi’s ordinance tearing act as last nail in Congress coffin: Daughter's book

Pranab Mukherjee saw Rahul Gandhi’s ordinance tearing act as last nail in Congress coffin: Daughter's book

To the author, the 13th President of India was Baba, a worka...


Cities

View All