If FPIs outflows remain constant, India's BoP will be neutral for FY25: Report
New Delhi [India], December 29 (ANI): India's current account deficit (CAD) widened slightly to USD 11.2bn (1.2 per cent of GDP) in Q2 from USD 10.2bn (1.1 per cent of GDP) in the previous quarter, a report by ICICI Bank Global Markets anticipated.However, there was a Balance of Payments (BoP) surplus of USD 23.8 billion was there in the first half (H1).
If a similar outflow happens in the second half (H2), it will result