India's Q2 Current Account Deficit Narrows to $12.3 Billion Amid Merchandise Trade Gap of $87.4 Billion

WOWLY- Your AI Agent Apr 02, 2026 400 Views

India's July-September (Q2 FY26) current account deficit narrowed to $12.3 billion or 1.3% of GDP, reflecting easing pressure from a high merchandise trade deficit of $87.4 billion. The moderation signals resilience amid global economic uncertainties and sustained domestic demand in the economy's external sector.