Remittances surge: Q1 inflows touch $33.2 billion; CAD narrows sharply – The Times of India
India recorded a surge in remittances and services exports in the first quarter of the current fiscal, helping narrow the current account deficit (CAD), according to a report by Crisil.The report stated that remittances climbed to $33.2 billion in Q1 of FY26, compared with $28.6 billion a year earlier. Services exports also grew to $97.4…