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flag ICICI Bank predicts India's trade deficit to hit $300 billion in 2025-26, yet the economy remains robust.

flag ICICI Bank projects India's trade deficit to reach $300 billion in the 2025-26 fiscal year, or 7.0% of GDP, due to weak non-oil exports and strong imports. flag Despite this, the country's economy is expected to stay resilient, supported by stimulus measures, with the current account deficit forecast at $30 billion, or 0.7% of GDP. flag Services exports and remittances are anticipated to remain steady.

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