The current account deficit stood at $11.2 billion, or 1.2% of GDP in the reporting quarter, compared with a revised deficit of $11.3 billion or 1.3% of GDP in the same quarter a year ago, the Reserve Bank of India (RBI) said in a release.
The deficit stood at a $9.7 billion or 1.1% of GDP in the preceding quarter.
(more to come)
Nominations for ET MSME Awards are now open. The last day to apply is December 31, 2024. Click here to submit your entry for any one or more of the 22 categories and stand a chance to win a prestigious award.