 
                  
India’s CAD Narrows to $9.2 billion in Q1 FY 2023-24
The CAD, which is a key indicator of a country’s economic health, has fallen to US$ 9.2 billion or 1.1% of the GDP in Q1: 2023-24.
Stay updated with the latest news and articles about India GDP.
 
                  
The CAD, which is a key indicator of a country’s economic health, has fallen to US$ 9.2 billion or 1.1% of the GDP in Q1: 2023-24.
 
                  
An analysis of India’s GDP growth in the first quarter of 2023-24
 
                  
India's external debt witnessed a marginal rise to $624.7 billion annually ending March 2023, although the debt-GDP ratio saw a decline as per the data published by the Reserve Bank data on Friday.
 
                  
On Tuesday, the International Monetary Fund (IMF) lowered India's FY24 growth prediction by 20 basis points to 5.9 percent in its biannual Global Economic Outlook.
 
                  
The biannual flagship publication of the World Bank in India, 'India Development Update' said that despite some signals of deceleration, India's economy remains robust.
 
                  
India's GDP increased by 4.1% the preceding quarter (Q4FY22)
 
                  
As high oil prices and geo-political tensions weigh on the global growth, Morgan Stanley has trimmed India's GDP projection for financial year 2022-23 to 7.6% from 7.9% estimated earlier.
 
                  
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