💨 Abstract
Commerce and Industry Minister Piyush Goyal stated that India's current account deficit (CAD) is manageable due to strong services exports, which account for a growing surplus. The CAD widened marginally to USD 9.7 billion or 1.1% of GDP in Q2 2024 from USD 8.9 billion or 1% in the previous year.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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