India's current account deficit narrows in Q2 FY2026
after close1 source ↓written by the desknot a recommendation
- 1.3% of GDP
India’s current account deficit (CAD) narrowed to USD 12.3 billion, or 1.3% of GDP, in Q2 FY2026, down from USD 20.8 billion (2.2% of GDP) a year earlier. This improvement was driven by a reduction in merchandise trade deficit to USD 87.4 billion and a rise in net services receipts to USD 50.9 billion.
The narrowing CAD reflects stronger export growth, particularly in services, which may enhance market sentiment and attract foreign investment.
Not investment advice. For informational purposes only.