India’s Q1FY26 CAD narrows to $2.4 billion
India’s current account deficit (CAD) narrowed to $2.4 billion (0.2% of GDP) in the April-June quarter (Q1FY26) from $ 8.6 billion (0.9% of GDP) in the year ago period and against a surplus of $13.5 billion (1.3% of GDP) in Q4:FY25, according to data released by the Reserve Bank of India (RBI) on Monday (September…