India’s Q2 Current Account Deficit Narrows to US$ 8.3 Billion: Government Report

India’s current account balance recorded a deficit of US$ 8.3 billion (1.0 per cent of GDP) in Q2:2023-24, lower than US$ 9.2 billion (1.1 per cent of GDP) in Q1:2023-24 and US$ 30.9 billion (3.8 per cent of GDP) a year ago, says Government of India.