Balance Of Payment

India's GDP projected to grow at 6.2% in FY18; real agriculture GVA would grow at 3 percent: Study

World Bank has said India's GDP may slow from 8.6 percent in 2015 to 7 percent in 2017

Current account deficit may fall to 3.1%, says CRISIL

The country's current account deficit (CAD), which had touched a record high of 4.2 percent last fiscal, is likely to moderate to 3.1 percent of GDP in the current financial year on the back of import moderation and the strengthening rupee.