Rising crude prices could push India’s current account deficit to 2.3% of GDP, says HSBC
- Posted on May 18, 2026
- By Financial Express
- 0 Views
- 1 min read
Rising crude prices could push India’s current account deficit to 2.3% of GDP, says HSBC
India’s current account deficit is projected to widen to 2.3% of GDP in FY27 as higher crude oil prices and global pressures strain the country’s external balances.