India's Current Account To Be In Surplus In Q1: Citigroup

New Delhi: The country's current account is likely to be in surplus in the first quarter of this financial year, says a Citigroup report. According to the global financial services major, trade deficit is stabilising at lower levels, and incorporating August trade data, the trends are pointing to a "broadly balanced" current account scenario. "Following a moderate current account deficit of $0.4 billion or (-) 0.1 per cent of GDP i...