ICICI Securities Limited
The Balance of Payments current account deficit (CAD) narrowed to US$1.3bn (0.2% of GDP) in Jan-Mar’23, slightly worse than our forecast (a surplus of 0.3% of GDP), primarily because higher repatriation of profits by foreign corporates widened the primary incomes deficit to US$12.6bn in Q4FY23 (from US$8.4bn in Q4FY22).
Trendlyne Analysis released a Economy Update report for Indian Economy on 16 Sep, 2025.
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