India’s Current Account Deficit Expected to Rise To 1.7% Of GDP In FY26 Due To Persistent Tariff Pressures: Union Bank Report

India’s current account deficit (CAD) is expected to rise to 1.7 per cent of GDP in the current financial year FY26, higher than the bank’s earlier projection of 1.2 per cent, according to a report by Union Bank of India. The rise is mainly attributed to persistent global trade t

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