India's current account deficit dips to 0.2% of GDP in Q4 FY23: RBI data
Business | June 27, 2023 19:25 ISTThe trade deficit decreased to USD 52.6 billion from USD 71.3 billion in the previous quarter, which was primarily responsible for the sequential decline in CAD in the fourth quarter of the previous fiscal year. Additionally, robust service exports contributed to the decrease in CAD.