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 of current account deficit (CAD).

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,…

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

India is actively exploring ways to manage its current account deficit and the weakening rupee. The government is monitoring the global economic situation, including the impact of…