India Q1 current account deficit widens to $4.2 billion
India’s current account deficit widened marginally to $4.2 billion (0.5% of GDP) in Q1 FY 2026-27, RBI data said, citing higher commodity prices and a wider trade gap.
India's current account deficit widened marginally in the April-to-June quarter from a year ago on the back of higher commodity prices and a wider trade gap, the Reserve Bank of India said on Tuesday.The gap stood at $4.2 billion, or 0.5% of GDP, in the first quarter of the fiscal year 2026-27, com…