New Delhi, Dec. 24 -- Falling crude oil prices, a surplus in services exports and steady remittance inflows are expected to prevent India's current account deficit (CAD) from widening sharply, even as goods exports face pressure from global headwinds, according to a report by Crisil.

The report stated that India's CAD is expected to remain in the comfort zone at an average of 1 per cent of GDP in fiscal 2026, compared with 0.6 per cent of GDP in fiscal 2025.

While goods exports are likely to come under pressure during the current fiscal due to US tariff hikes and an expected slowdown in global growth, supportive factors on the import and invisible earnings side are expected to limit the widening of the deficit.

It stated, "We believe f...