India’s current account deficit may widen to 2.2% of GDP in FY27 due to costlier crude, gas and fertilisers: Crisil
New Delhi [India], June 9 (ANI): India's current account deficit (CAD) is expected to widen sharply to 2.2 per cent of GDP in the current financial year 2026-27, up from 0.6 per cent in the previous fiscal, as higher prices of crude oil, natural gas and fertilisers significantly increase the country's import bill, according to a report by Crisil. The…
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