Current account deficit to widen to 2.3 per cent of GDP in FY27 from 0.9 pc in FY26: Report
India's current account deficit is expected to rise to 2.3 percent of GDP in FY27 from 0.9 percent in FY26. This widening deficit could strain foreign exchange reserves. Experts suggest policy changes like increasing fuel prices and operationalizing trade deals to boost inflows. Attracting sustainable capital is crucial for India's economic stability.