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HSBC said it has assumed crude prices to average $95 a barrel, and combined it with sensitivities in oil, gold, core goods, services trade and remittances to arrive at a current account deficit of 2.3% of GDP in FY27 as against 0.9% in FY26
SENSEX 75,315.04
+ 77.05
NIFTY 23,649.95
+ 6.45
CRUDEOIL 10,245.00

India's current account deficit may widen to 2.3% in FY27 as oil prices rise: HSBC

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With the West Asia conflict persisting and global oil prices likely to average around USD 100/bbl, India's current account…

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