Indian Economy: April Trade Deficit Narrows Near Two-Year Lows
The Kotak Mahindra Bank in a report on Wednesday maintained its financial year (FY) 2024 current account deficit (CAD)/ gross domestic product (GDP) estimate at 1.6 per cent with room for a positive surprise. The report added that the current account pressures in FY2024 are expected to be lower, as weaker global demand along with […]