The country's current account deficit widened marginally to $ 9.7 billion or 1.1 per cent of GDP in April-June 2024, as against $ 8.9 billion or 1 per cent in the year-ago period, data released by the Reserve Bank of India stated.

• The widening of CAD on a year-on-year (y-o-y) basis was primarily due to a rise in merchandise trade deficit to $65.1 billion in Q1FY25 from $56.7 billion in Q1 FY24.
• The current account surplus for Q4 FY24 was revised downwards to $4.6 billion from $5.7 billion earlier due to an upward adjustment of customs data on merchandise imports.
• In the financial account, net foreign direct investment inflows increased to $6.3 billion in Q1 FY25 from $4.7 billion in the corresponding period of 2023-24.