India’s current account balance will see strong support in 2026-27. Robust growth in software and business services exports will be a key factor. Inward remittances from countries outside the Gulf will also contribute significantly. These strengths will help buffer the economy against global uncertainties. Policy measures are also expected to attract foreign investment, further bolstering the external sector.
Source: ANI-economictimes.indiatimes.com
(Read Full Story At)
https://cio.economictimes.indiatimes.com/news/investments/rbi-sees-services-exports-remittances-cushioning-current-account-in-fy27/131425557