India's current account deficit widens to $11.5 billion in Q3:2024-25, with increased trade deficit and FDI outflows.

Union Bank of India (UBI) projects India's current account deficit (CAD) may face pressure in FY25 due to rising global crude prices. A $10 increase per barrel could worsen the CAD by $15 billion ...

Crude surge pressures India’s FY25 CAD target, UBI says every $10 rise in oil may widen deficit by $15 billion; FY26 gap seen at 1.2% of GDP TOI Business Desk / TIMESOFINDIA.COM / Updated: Jun ...