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India records $8.1 billion deficit in April-June balance of payments, June turns surplus - The Economic Times
India's balance of payments account recorded an $8.1 billion deficit in the first quarter. This shift occurred as overseas investors withdrew funds amid geopolitical concerns. The country's current account deficit widened slightly to $3.1 billion during this period. A significant capital account deficit of $5 billion was also reported by the central bank. Higher fuel import costs contributed to the overall unfavorable financial situation.
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