India's Current Account Deficit Moderates in Sept Quarter as Trade Gap Narrows, RBI Data Reveal
economy
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CNBC TV18•01/12/2025
India's Current Account Deficit Moderates in Sept Quarter as Trade Gap Narrows, RBI Data Reveal
- •India's current account deficit moderated in Q2.
- •Deficit stood at $12.3 billion, or 1.3% of GDP.
- •Merchandise trade deficit narrowed to $87.4 billion.
- •Net services receipts rose to $50.9 billion.
- •Private transfer receipts increased to $38.2 billion.
Why it matters: A lower current account deficit can boost economic stability and investor confidence.
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