New Delhi, Sept. 3 -- The remittances in the country rose to USD 33.2 billion in the first quarter of the current financial year, from USD 28.6 billion recorded last year during the same time period, according to a report by Crisil.

The report stated that the country's service exports also increased to USD 97.4 billion in the first quarter of fiscal 2026, up from USD 88.5 billion a year ago.

It stated, "Services exports stood at USD 97.4 billion in the first quarter of fiscal 2026, up on-year from USD 88.5 billion. Likewise, remittances rose to USD 33.2 billion, from USD 28.6 billion."

The report further shared that India's current account deficit (CAD) narrowed to USD 2.4 billion, or 0.2 per cent of gross domestic product (GDP), in th...