CAD moderates slightly to 1.2% of GDP in July-September in FY25: RBI data

India's current account deficit (CAD) narrowed marginally to $11.2 billion, or 1.2 percent of GDP, in the July-September quarter of 2024-25, from $11.3 billion, according to data released by the Reserve Bank on December 27. Indicates a slight decrease. billion…