Don’t miss the latest developments in business and finance.

India's Q1 CAD rises sharply to $14.3 bn

Image
IANS New Delhi
Last Updated : Sep 15 2017 | 6:07 PM IST

India's current account deficit (CAD) rose sharply to $14.3 billion in the first quarter (April-June) of 2017-18 from $0.4 billion reported for the like period of 2016-17, the Reserve Bank of India (RBI) said on Friday.

--IANS

rv-bc/dg

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Sep 15 2017 | 5:56 PM IST

Next Story