India's CAD to stay below 1% of GDP amid tariff hurdles: CRISIL
India's current account deficit (CAD) is projected to remain under 1% of GDP this fiscal, despite higher US tariffs and global geopolitical pressures, says Crisil. Resilient services trade, steady remittances, softer crude prices, and a narrowing merchandise trade deficit support the outlook. Strong exports outside the US further cushion the impact of global challenges.