The country’s current account deficit (CAD) likely moderated to 1.96% of GDP ($17.3 billion) in 4QFY22, as against a deficit of 2.74% of GDP in Q3FY22, India Ratings said in a report on Thursday. The CAD is estimated to have been at 1.38% ($43.81 billion) in FY22 compared to the current account surplus of 0.9% […]