‘Manageable’: India’s CAD seen at 1% of GDP in FY25 despite US tariffs; Crisil flags sharp fall in August imports
Despite facing pressures from US tariffs and global uncertainties, India’s current account deficit is projected to remain manageable at around 1% of GDP this fiscal year. This is attributed to resilient services exports, steady remittances, softer crude oil prices, and an improving trade balance. Encouragingly, merchandise exports grew in August, while imports fell sharply, further supporting the manageable deficit.🕒 1 min read
Despite facing pressures from US tariffs and global uncertainties, India’s current account deficit is projected to remain manageable at around 1% of GDP this fiscal year. This is attributed to resilient services exports, steady remittances, softer crude oil prices, and an improving trade balance. Encouragingly, merchandise exports grew in August, while imports fell sharply, further supporting the manageable deficit.
Continue Reading
- Aviation deal: Korea Air seals record $50 billion deal; Boeing and GE secure mega orders
-
Alleged Australia Beach Shooter’s Pic Viral: What Police Chief Said
-
‘Bhooki Bhumi’ Takes A Spiritual Turn At Art Of Living Ashram In Bengaluru
- CBSE Class 12 Result 2026 Soon: Why Study Abroad Is Becoming First Choice After 12th
- Investment focus: CII pitches reforms for Budget 2026-27; industry body seeks capex push
- This Low-Calorie Dahi Boondi Chaat Is A Perfect Summer Snack
- Delhi High Court order: Tax Department can’t impose Black Money law on ‘involuntary residents’ to get foreign asset information
-
‘India’s Name Sullied’: Cricketers’ Molestation Sparks Political Row
- France Drops US Spy Software Palantir, Bets On Homegrown AI For Its Spy Agency
- Lessons From Op Sindoor? What 3 Ex Armed Forces Chiefs Said At NDTV Defence Summit 2025
