💨 Abstract

In the October-to-December quarter of 2024-25, India's current account deficit increased to $11.5 billion, or 1.1% of GDP, from $10.4 billion in the same quarter the previous year. The widening deficit was primarily due to a larger trade gap. The deficit was previously estimated at $16.7 billion in the July-September quarter.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖