Indias balance of payments (BoP) is likely to post a $60-65 billion surplus in FY27, despite a widening current account deficit, HDFC Bank said.

India's current account deficit reached $4.2 billion in the first quarter of the fiscal year. This widening was primarily driven by a higher merchandise trade deficit, which…

India's current account deficit widens to $4.2 billion in Q1 FY27, driven by a larger trade gap and portfolio outflows.