|Chennai||Rs. 24840.00 (-0.36%)|
|Mumbai||Rs. 25460.00 (-0.16%)|
|Delhi||Rs. 25450.00 (2.21%)|
|Kolkata||Rs. 25000.00 (0%)|
|Kerala||Rs. 24700.00 (0%)|
|Bangalore||Rs. 25050.00 (1.42%)|
|Hyderabad||Rs. 24930.00 (1.63%)|
India's current account deficit widened to an all-time high of 5.4 percent of GDP in the July-September quarter as export growth slowed more sharply than growth in imports, dragging the balance of payments into the red once again.
The country's current account deficit was $22.3 billion in the three months through September, compared with $18.9 billion in the same quarter in 2011, Reserve Bank of India data showed on Monday.
In April-June, the current account deficit had narrowed to $16.6 billion from $21.76 billion in the previous quarter.
The balance of payments was in deficit at $158 million, from a marginal surplus of $521 million in the previous quarter, the RBI data showed.
The trade deficit in the September stood at $48.3 billion, up from around $42.3 billion in the June quarter.
India's financial account, which includes foreign direct investment, portfolio investment and overseas borrowing by Indian companies, stood at a surplus of $24.2 billion, compared with $15.7 billion in the June quarter.