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

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.