India’s current account deficit (CAD) widened to US$ 4.2 billion, or 0.5% of GDP, in the first quarter of 2026-27, from US$ 3.4 billion or 0.4% of GDP, in the corresponding quarter a year earlier, according to data released by the Reserve Bank of India (RBI). The widening deficit was primarily
The government has revised its Standard Operating Procedure (SOP) for processing foreign direct investment (FDI) proposals, setting a maximum clearance timeline of 12 weeks to speed up approvals and improve ease of doing business. Under the updated framework, all FDI applications will be decided within 12 weeks, excluding the time taken by applicants to rectify […]













