November 22, 2025 10:54 AM
India’s trade momentum stays strong; FY26 CAD seen near 1% of GDP
India’s trade momentum remains firm despite global volatility, and the current account is expected to slip into a modest deficit before returning to positive territory later in the fiscal, SBI Research said in a report on Saturday. According to the report, the current account deficit (CAD) is projected to be about 1.8 per cent and 2.8 per cent of GDP in Q2 and Q3 of FY26, respectively, before turning positive in Q4 FY26. The full-year CAD is estimated to remain in the range of 1–1.3 per cen...