India's CAD to remain elevated in FY26 also due to stringent global trade policies: Report
- Posted on January 4, 2025
- By Business News Today
- 5 Views
India's CAD to remain elevated in FY26 also due to stringent global trade policies: Report
India's current account deficit (CAD) is expected to remain elevated in FY26 due to global trade policy changes, particularly under Trump's influence. Imports have outpaced exports, causing a widening trade deficit. The CAD is predicted to be around 1.4-1.5% of GDP in FY26.
