Business | Tanmaya Kumar Nanda | Monday May 14, 2012
India’s current account deficit has grown significantly in the quarter ended December 2011. The gap between exports and imports almost doubled to $19.6 billion from $10.1 billion in the year-ago period. Oil imports, of course, are the biggest contributors to the deficit, accounting for $73.7 billion, or Rs 364,520.2 crore, of imports. Here are t...
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