The current account deficit was primarily driven by a widening merchandise trade deficit, which rose to USD 30.2 billion in June 2026 from USD 19.2 billion a year earlier

The government reduced the petrol export duty to nil from Rs 3.5 per litre, cut the total levy on diesel to Rs 24 per litre from Rs 25.5, and lowered the ATF export duty to Rs 19.5 per litre from Rs 22