India’s current account deficit (CAD) may dip further in the March quarter of FY24 as pressure from the negative net exports during the January-March period eased to an 11-quarter high.
A part of the gross domestic product (GDP) data, net export— which is usually negative for India — captures the difference between exports and imports of both goods and services, while the CAD data, released by the Reserve Bank of India (RBI), also factors in private transfer receipts.
According to data released by the National Statistical Office (NSO) on Friday, the net exports in nominal terms stood at -0.8 per
India’s current account deficit (CAD) may dip further in the March quarter of FY24 as pressure from the negative net exports during the January-March period eased to an 11-quarter high.
A part of the gross domestic product (GDP) data, net export— which is usually negative for India — captures the difference between exports and imports of both goods and services, while the CAD data, released by the Reserve Bank of India (RBI), also factors in private transfer receipts.
According to data released by the National Statistical Office (NSO) on Friday, the net exports in nominal terms stood at -0.8 per
