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18h agoIndia’s External Balance Steadies with $2.4 Billion Current Account Gap in Q1 FY26
India recorded a current account deficit of $2.4 billion in the first quarter of FY26, supported by resilient exports and service-sector inflows. The gap narrowed from the prior quarter as remittance growth and moderating oil imports cushioned trade imbalances. Economists said improved foreign investment sentiment and contained import bills helped stabilize external metrics. Despite global trade uncertainty, India’s overall external position remains strong. Analysts project the deficit will stay below 1% of GDP this fiscal year if commodity prices remain stable.
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18h agoIndia’s External Balance Steadies with $2.4 Billion Current Account Gap in Q1 FY26
India recorded a current account deficit of $2.4 billion in the first quarter of FY26, supported by resilient exports and service-sector inflows. The gap narrowed from the prior quarter as remittance growth and moderating oil imports cushioned trade imbalances. Economists said improved foreign investment sentiment and contained import bills helped stabilize external metrics. Despite global trade uncertainty, India’s overall external position remains strong. Analysts project the deficit will stay below 1% of GDP this fiscal year if commodity prices remain stable.
Explore:Mutual Fund Themes
neutral
India’s External Balance Steadies with $2.4 Billion Current Account Gap in Q1 FY26
about 19 hours ago
1 min read
81 words
India’s Q1 FY26 current account deficit narrowed to $2.4 billion, aided by strong services, remittances, and lower crude import expenses.
India recorded a current account deficit of $2.4 billion in the first quarter of FY26, supported by resilient exports and service-sector inflows. The gap narrowed from the prior quarter as remittance growth and moderating oil imports cushioned trade imbalances. Economists said improved foreign investment sentiment and contained import bills helped stabilize external metrics. Despite global trade uncertainty, India’s overall external position remains strong. Analysts project the deficit will stay below 1% of GDP this fiscal year if commodity prices remain stable.
India recorded a current account deficit of $2.4 billion in the first quarter of FY26, supported by resilient exports and service-sector inflows. The gap narrowed from the prior quarter as remittance growth and moderating oil imports cushioned trade imbalances. Economists said improved foreign investment sentiment and contained import bills helped stabilize external metrics. Despite global trade uncertainty, India’s overall external position remains strong. Analysts project the deficit will stay below 1% of GDP this fiscal year if commodity prices remain stable.
Tags:
current account deficit
India economy
current account deficit
India economy
trade balance
Oct 31, 2025 • 04:53 IST