Mar 19, 2018 08:12 AM IST | Source: CNBC-TV18

CAD hits 2% of GDP mainly due to higher oil imports

India's Current Account Deficit (CAD) has hit 2 percent of the gross domestic product (GDP). This is mainly due to higher oil imports.

CNBC TV18 @moneycontrolcom

India's Current Account Deficit (CAD) has hit 2 percent of the gross domestic product (GDP). This is mainly due to higher oil imports.

Watch accompanying video of CNBC-TV18’s Latha Venkatesh decoding the data.