💨 Abstract

The JM Financial report predicts India's current account deficit (CAD) will remain high in FY26, due to widening trade deficits caused by stringent global trade policies, particularly US President-elect Donald Trump's. The report attributes this trend to the realignment of global supply chains. It expects India's exports to trail imports in 2025 and beyond, leading to currency depreciation pressure on the Indian rupee.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖