India's current account deficit (CAD) widened to $7.2 billion in the second quarter of 2017-18, from $3.4 billion reported in the corresponding period in 2016-17, Reserve Bank of India (RBI) data showed on Wednesday.
However, on a sequential basis, the Q2 CAD narrowed sharply from $15 billion reported for the preceding quarter.
--IANS
rv/mr
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)