This is a significant shift from the USD 8.7 billion deficit (1.0 per cent of GDP) reported in the third quarter and a notable improvement compared to the USD 1.3 billion deficit (0.2 per cent of GDP) in the fourth quarter of the previous fiscal year
Read MoreHealthy rains could bolster rural demand, which showed signs of revival after being impacted in the previous fiscal year, states Crisil's report
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