Q4 current account deficit narrows to $1.3 billion as trade gap shrinks
CAD narrows to 0.2% of GDP, from $13.4 bn or 1.6% in year-earlier period and $16.8 bn in Oct.-Dec. quarter, RBI data show; moderation in trade deficit in Jan.-March period to $52.6 bn, from $71.3 bn in Q3, helps