India's current account deficit to remain manageable in FY25, Rupee to remain in pressure: Bank of Baroda

New Delhi [India], November 15 (ANI): India's current account deficit (CAD) will remain within a manageable range for both FY25 and FY26, largely due to muted oil prices that are expected to support the country's external financial position, projected a recent report by Bank of Baroda.

Despite global market volatility, the report stated that steady oil prices at current levels are a favorable factor for India's import bil