India's current account deficit widens to $15.8 bn in Apr-Jun
India's current account deficit (CAD) widened to $15.8 billion in the April-June quarter, representing 2.4% of GDP. The deficit was at $15 billion during the same period last year, or 2.5% of GDP. The widening of the CAD was primarily due to higher trade deficit at $45.7 billion as compared with $41.9 billion a year ago, the RBI said.