close

India Q2Fy22 current account deficit at 1.3% of GDP, likely to widen

Central bank says the deficit is mainly due to widening of trade gap and an increase in net outgo of investment income.

indian economy, gdp, growth, budget, jobs, manufacturing
Premium

Illustration: Binay Sinha

Mumbai
India’s current account balance posted a deficit of $ 9.6 billion in the second quarter ended September 2021 (Q2Fy22), forming 1.3 per cent of the country’s gross domestic product (GDP)

Also Read

Jubilant FoodWorks rallies 25% in three weeks; hits new high on BSE

What is Capital Account Convertibility? Is India ready for it yet?

Fiscal deficit likely to stay at budget estimate of 6.8% of GDP in 2021-22

India current account surplus at 0.9% in Q1FY22 after previous qtr deficit

Slow exports growth takes trade deficit to record high of $23 billion

India's current account slips into deficit in second quarter

Core sectors output slows in Nov to 3.1% month-on-month: Govt data

Centre's fiscal deficit touches 46.2% of annual target till Nov-end

India Inc welcomes deferment of proposed GST hike on textiles

'Registration of homes in Mumbai city declines 52% in Dec; up 70% for 2021'

First Published: Dec 31 2021 | 7:54 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com