 "Reserve Bank of India, RBI")
India's current account deficit moderated in the July-September quarter on the back of a lower merchandise trade deficit, the Reserve Bank of India said on Monday.
The current account deficit stood at $12.3 billion, or 1.3 per cent of GDP, in the second quarter of the fiscal year 2025-26, compared with an upwardly revised deficit of $20.8 billion, or 2.2 per cent of GDP, in the same quarter a year ago.
In the preceding quarter, the current account had recorded a deficit of $2.4 billion ot 0.2 per cent of GDP.
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 "manufacturing sector, economy")
 "Foxconn invested $230 million in a housing project for its Sriperumbudur factory workers in Tamil Nadu | File Photo: Reuters")
 "Manufacturing")
 "Union Finance Minister Nirmala Sitharaman speaks during the first day of the Winter Session of Parliament, in New Delhi, Monday, Dec. 1, 2025. (Sansad TV via PTI Photo)")
 "Gst Collection rises")
