
India’s current account deficit widens to $9.2 billion QoQ in June quarter
New Delhi, Sep 28 (UNI) India’s current account deficit (CAD) widened to $9.2 billion or 1.1% of GDP in April-June quarter of the current fiscal (Q1 FY24) from $1.3 billion (0.2% of GDP) in the preceding quarter (Q4 FY23), according to data released by Reserve Bank of India (RBI) on Thursday. The CAD, however, narrowed…