India’s CAD Seen Rising to 2.2 pc of GDP in FY27 Amid Elevated Crude Oil Prices

New Delhi, June 18: India’s current account deficit (CAD) is projected to widen to around 2.2% of GDP in FY27, driven primarily by sustained high global crude oil prices and increased import-related pressures, according to recent macroeconomic assessments. Analysts say the outlook reflects continued vulnerability to global energy price fluctuations, as…

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