India's Economic Woes: A Tale of Two Currencies and a Trade Deal The rupee's decline has been a topic of discussion in Indian economic circles for some time now, but it's not just the currency that's causing concern.
The widening current account deficit (CAD) is a stark reminder of the challenges facing the country's trade sector.
Union Commerce Minister Piyush Goyal recently addressed these concerns, assuring the public that the Centre is actively considering measures to contain further pressure on the CAD.