ScienceET Tech3 days ago
CAD to remain 1.5-1.7% of GDP: SBI research
3 min read
India's current account deficit is projected to remain between 1.5% and 1.7% of GDP in FY27, according to SBI research. Reserve Bank of India measures are expected to strengthen the rupee and attract foreign capital, potentially turning the balance of payments into a surplus for the fiscal year.
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