India’s Current Account Deficit Narrows Sharply to USD 12.3 Billion in Q2 FY 2025-26

India’s current account deficit narrowed sharply to USD 12.3 billion, or 1.3% of GDP, in the second quarter of FY 2025-26, from USD 20.8 billion (2.2% of GDP) in the same quarter a year earlier, according to preliminary balance of payments (BoP) data released by the Reserve Bank

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