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India works to manage rising CAD after $13.2 billion quarter
NewsBytes | May 21, 2026 5:39 PM CST

Government pushes trade deals, rupee stability

Strong services exports and steady remittance inflows are helping keep things balanced, even with global uncertainty and a shaky rupee.
The government's also pushing for more export deals and trade partnerships to open up new markets, plus looking at ways to stabilize the rupee as oil prices and a strong US dollar add pressure.
Minister Piyush Goyal sounded confident that these steps will help keep India's economy on track.


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