Gantry cranes move shipping containers at the Jawaharlal Nehru Port, in Navi Mumbai, Maharashtra, on Dec. 16, 2017. (Photographer: Dhiraj Singh/Bloomberg)

Current Account Deficit: Short-Term Fixes For Structural Weakness?

As the rupee plunged and India’s current account deficit rose from the level of 0.4 percent of gross domestic product achieved in the January-March quarter of 2016-17 to breach the 2 percent mark i...

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