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CAD outlook: Report predicts deficit to nearly double in FY26; projected at 1.2% of GDP

India’s current account deficit (CAD) could almost double in the ongoing financial year to 1.2 per cent of gross domestic product (GDP), compared with 0.6 per cent in FY25, amid rising trade and ...
Indiatimes

CAD outlook: Report predicts deficit to nearly double in FY26; projected at 1.2% of GDP

Union Bank of India projects India's current account deficit (CAD) may nearly double to 1.2% of GDP in FY26 due to rising trade and geopolitical tensions. A widened merchandise trade deficit and the ...