New Delhi, Aug. 13 -- Amid the high tariffs imposed by US President Donald Trump on Indian goods, India's current account deficit (CAD) is expected to remain under 1 per cent during the current financial year.
According to a recent report by CareEdge Ratings, the CAD as a percentage of GDP is projected at 0.9 per cent in FY26.
The current account deficit (CAD) is an economic indicator that shows a country's total imports of goods, services, and transfers compared to its total exports and transfers to other countries.
The rating agency said India's domestic-driven economy, with a relatively low share of goods exports to the US, around 2 per cent of GDP, will provide some cushion against the tariff impact.
Exports to US in the first qua...
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