CAD seen hitting 1.4 pc or USD 45 bn by March as crude soars: Report
It noted that the widening deficit trend may continue for some time as a combination of demand recovery and rising commodity prices will continue to widen the trade deficit sharply. (Representational image) India’s widening current account deficit (CAD), driven by the massive spike in commodity prices led by crude oil, is set to put pressure …
CAD seen hitting 1.4 pc or USD 45 bn by March as crude soars: Report Read More »