CAD widens to $11.5 billion in Q3 on higher trade deficit: RBI

Mumbai: India's current account deficit (CAD) inched up to USD 11.5 billion, or 1.1 per cent of GDP, in the December quarter from USD 10.4 billion (1.1 per cent of GDP) in the year-ago period, mainly due to higher trade deficit, accordin
Read more...