India's current account deficit (CAD) is likely to widen sharply to 2.3 per cent of GDP in FY27 from 0.9 per cent in FY26 amid elevated oil prices and external sector pressures, according to a report by foreign brokerage HSBC, PTI reported.

With the West Asia conflict persisting and global oil prices likely to average around USD 100/bbl, India's current account deficit could rise meaningfully this year, ICICI Bank…

With the West Asia conflict persisting and global oil prices likely to average around $100/bbl, India's current account deficit could rise meaningfully this year,

India’s import burden started climbing in April 2026, with the country’s merchandise trade deficit widening to $28.4 billion, compared with nearly $27 billion in April 2025 and…

India's current account deficit (CAD) is likely to widen sharply to 2.3 per cent of GDP in FY27 from 0.9 per cent in FY26 amid elevated oil prices and external sector pressures,…

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…

India's current account deficit is projected to rise to 2.2% of GDP due to escalating oil prices, warns Crisil.

Commerce and Industry Minister Piyush Goyal on Thursday said the government is monitoring the present situation and several steps are under consideration to contain the widening…