current account deficit

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CURRENT ACCOUNT DEFICIT NEWS

BoP, upsc, economy, rupee, trade, west asia, India, prelims 2026

Knowledge Nugget | BoP basics for your UPSC exam: Current account, capital account and rupee dynamics

April 24, 2026 1:41 pm

Rising oil prices due to the West Asia crisis and a weakening rupee are putting pressure on India’s Balance of Payments (BoP). What is the BoP, and what are its key components?

Given this, the country’s exports to the US are likely to contract during the remainder of the fiscal.

Current account deficit stands at $2.4 bn in Q1: RBI data

September 02, 2025 4:19 am

The current account deficit is the difference between exports and imports of goods and services. It is a key indicator of the country's external sector.

Current account deficit widens to $11.5 billion in October-December quarter: RBI

March 29, 2025 7:28 am

The current account deficit is the difference between exports and imports of goods and services. It is a key indicator of the country's external sector

Current account deficit narrows to $11.2 bn in Q2: RBI

December 28, 2024 10:15 pm

The current account deficit is the difference between exports and imports of goods and services. It is a key indicator of the country's external sector.

current account deficit, RBI, merchandise trade, remittances services, fdi, fpi inflows, india, Indian express news

Current account deficit widens to $9.7 bn in April-June quarter: RBI

October 01, 2024 1:07 am

The current account deficit is the difference between exports and imports of goods and services. It is a key indicator of the country's external sector.

The rupee has weakened sharply over the last 12 months or so, with weak FDI inflows being one contributing factor.

Current account deficit widens to $9.7 billion in April-June quarter: RBI

October 01, 2024 8:10 am

The current account deficit is the difference between exports and imports of goods and services. It is a key indicator of the country's external sector.

How to read India’s Balance of Payments

July 06, 2024 1:51 pm

India’s current account registered a surplus in Q4 of 2023-24. But current account surpluses are not necessarily good, nor is a deficit always bad. Here’s how to read India’s Balance of Payments

Current account balance records surplus of 0.6% of GDP in Q4FY24: RBI

June 25, 2024 8:24 am

In Q4 FY2023, the current account deficit (CAD) stood at $1.3 billion, or 0.2 per cent of GDP, the Reserve Bank of India’s (RBI) data showed. In Q3 FY24, the CAD was $8.7 billion, or 1 per cent of GDP.

Current account deficit narrows to 1.2% of GDP at $10.5 billion in Oct-Dec: RBI

March 27, 2024 12:38 am

Current account deficit is the difference between exports and imports of goods and services. It is a key indicator of the country's external sector.

India's current account deficit widened in the April-June quarter, from the previous three months, largely due to a higher trade deficit, lower surplus in net services and a drop in private transfer receipts, the central bank said on Thursday.

Current account deficit in April-June narrows from previous year but widens sequentially

September 28, 2023 9:01 pm

The widening of CAD on a quarter-on-quarter basis was primarily on account of higher trade deficit coupled with a lower surplus in net services and decline in private transfer receipts, the Reserve Bank of India said Thursday.