
Current account deficit widens to $11.5 billion in Q3
[ad_1] Mumbai: India’s current account deficit (CAD) slightly widened to $11.5 billion, or 1.1% of GDP, in Q3 FY2025 from $10.4 billion (1.1% of GDP) a year earlier. However, it moderated from $16.7 billion, or 1.8% of GDP, in Q2 FY2025. The merchandise trade deficit rose to $79.2 billion in Q3 FY2025 from $71.6 billion…