India's current account deficit in balance of trade is mainly due to
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India's current account deficit (CAD) widened to 2.9 per cent of the GDP in the second quarter of the fiscal compared to 1.1 per cent in the year-ago period, mainly due to a large trade deficit, the RBI said Friday. ... The CAD stood at USD 15.9 billion (2.4 per cent of GDP) in the April-June quarter.
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