Current account deficit to widen to 2.3 pc of GDP in FY27 from 0.9 pc in FY26: Report

India’s current account deficit is expected to grow to 2.3 percent of GDP in FY27 from 0.9 percent in FY26. Forex reserves, while substantial, may fall below critical thresholds. Policy actions like fuel price hikes and operationalizing trade deals are recommended. Attracting sustainable capital inflows is also crucial for India’s economic stability.

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