New Delhi, June 28 -- India recorded a current account surplus of USD 13.5 billion (1.3% of GDP) in Q4 of FY25, marking the first surplus in four quarters and showcasing the country's strong external position. This positive development was driven by record-high services exports and robust remittance inflows, which together reinforced the resilience of India's external sector. For the full fiscal year FY25, the current account deficit narrowed to just 0.6% of GDP, down from 0.7% in FY24, highlighting improved trade dynamics and better foreign exchange management.
A surplus in the current account not only reflects strong demand for Indian services globally but also strengthens the Indian rupee, boosts investor confidence, and reduces the c...
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