TaxTMI 
TaxTMI 
CAD widens to USD 11.5 bn in Q3 on higher trade deficit: RBI
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....AD widens to USD 11.5 bn in Q3 on higher trade deficit: RBI<BR>News and Press Release<BR>Dated:- 28-3-2025<BR>PTI<BR>Mumbai, Mar 28 (PTI) India's current account deficit (CAD) inched up to USD 11.5 bi....
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....llion, or 1.1 per cent of GDP, in the December quarter from USD 10.4 billion (1.1 per cent of GDP) in the year-ago period, mainly due to higher trade deficit, according to RBI data released on Friday.....
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.... However, the CAD in the December quarter of 2024-25 has moderated from USD 16.7 billion (1.8 per cent of GDP) in the preceding quarter of the fiscal year. "India's current account deficit (CAD) i....
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....ncreased to US$ 11.5 billion (1.1 per cent of GDP) in Q3:2024-25 from US$ 10.4 billion (1.1 per cent of GDP) in Q3:2023-24 but moderated from US$ 16.7 billion (1.8 per cent of GDP) in Q2:2024-25.2," s....
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....aid the RBI's data on Developments in India's Balance of Payments. Merchandise trade deficit increased to USD 79.2 billion in the October-December period of 2024-25 from USD 71.6 billion in year-ago....
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.... period. The CAD widened to USD 37.0 billion (1.3 per cent of GDP) during April-December 2024 from USD 30.6 billion (1.1 per cent of GDP) during the corresponding period of last year, primarily on a....
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....ccount of a higher merchandise trade deficit, the Reserve Bank of India (RBI) said. PTI NKD CS TRB<BR> News - Press release - PIB....