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of <h1>India's Current Account Deficit Rises to $11.5 Billion in December Quarter Due to Higher Trade Deficit</h1> India's current account deficit (CAD) rose to USD 11.5 billion, or 1.1% of GDP, in the December quarter of the 2024-25 fiscal year, up from USD 10.4 billion in the same quarter the previous year, primarily due to a higher trade deficit, according to the Reserve Bank of India (RBI). Despite this increase, the CAD showed improvement from USD 16.7 billion in the preceding quarter. The merchandise trade deficit grew to USD 79.2 billion in October-December 2024-25, compared to USD 71.6 billion a year earlier. Overall, the CAD for April-December 2024 widened to USD 37.0 billion.
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