India current account deficit narrows to 0.2% of GDP in Q1;...

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2025-09-01 13:58:13 -

India current account deficit narrows to 0.2% of GDP in Q1; services exports drive improvement: RBI

India's current account deficit saw a significant decrease in the June quarter. The Reserve Bank of India reported the deficit narrowed to $2.4 billion. This improvement was driven by strong services exports. The merchandise trade gap widened during this period. Foreign direct investment witnessed a net inflow. Foreign portfolio investment also experienced a rise compared to the previous year.

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