New year starts with a number of reasons to worry

.........Current account deficit was at $22.31 billion in the September quarter, up from $16.4 billion in June and $18.9 billion in the September quarter last year, RBI said. Nearly two-thirds of the deficit are being funded by overseas portfolio inflows, which are considered volatile. "Steeper decline in exports compared with imports led to the widening of trade deficit," RBI said.......... 

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