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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
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.
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Financial Express

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