Crisil warns that rising Brent crude prices could elevate India's current account deficit to 2.2% of GDP by fiscal 2026.

It expects India to be less vulnerable to higher crude oil prices than in previous years, citing lower oil intensity, improved energy efficiency and greater responsiveness of oil…

India’s merchandise trade deficit stood at $ 28.21 billion in May 2026, with lower crude oil prices and higher duties on gold imports likely to ease pressure on the import bill in…

India's Current Account Deficit (CAD) may narrow to 1.6 per cent of GDP in FY27 as lower oil prices and improving exports support the external sector

India's current account deficit is projected to widen significantly. Higher crude oil prices are expected to drive this increase. This will put pressure on the economy. Experts…

Crisil warns that rising Brent crude prices could elevate India's current account deficit to 2.2% of GDP by fiscal 2026.