mint - news•May 22
After gold import duty hike, India weighs more measures to check current account deficit as rupee plummets | Today News
As the Indian rupee quickly depreciates against the US dollar, Union Minister Piyush Goyal said the government is considering several steps to contain the widening Current Account Deficit (CAD). This was primarily due to a wider trade gap caused by a decline in exports to the US, according to data released by the Reserve Bank of India on 2 March. On India-GCC (Gulf Cooperation Council) free trade agreement talks, he said the first round of talks will happen in the second half of 2026.
