Current Account Surplus
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India's Current Account Turns Surplus After Deficit In Last Quarter: Report
India has recorded an improvement in its current account, achieving a surplus of $5.7 billion, which equates to 0.6 per cent of its gross domestic product (GDP) in the fourth quarter of fiscal year 2024, according to a recent report by CRISIL.
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At 1.3% Of GDP, India's Current Account Slips Into Deficit In September Quarter
The current account, which records the value of exports and imports of both goods and services along with international transfers of capital, was in a surplus mode both in the quarter-ago and year-ago periods.
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Current Account Balance Shows Surplus Growth During June-End Period
Current account balance registered a surplus of $6.5 billion in the first quarter of the current fiscal, mainly due to contraction in trade deficit.
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India Reports Current Account Surplus Of 0.9% During Pandemic Hit 2020-21
Reserve Bank of India said the current account balance swung into the surplus territory on the back of a sharp contraction in the trade deficit to $ 102.2 billion from $157.5 billion in 2019-20.
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Current Account Surplus Shrinks To $15.5 Billion In July-September Quarter
The surplus stood at 2.4 per cent of the gross domestic product in the latest quarter, compared with a deficit of $7.6 billion, or 1.1 per cent of GDP, in the same period a year ago,
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Government Likely To Report Current Account Surplus For Current Fiscal Year: Chief Economic Adviser
India's current account surplus rose to a record $19.8 billion in April-June as its trade deficit narrowed sharply, the Reserve Bank of India said earlier.
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Rupee Moves Higher To 73.76 Against Dollar
The country's current account surplus rose to $19.8 billion - or 3.9 per cent of GDP - in the quarter ended June 30, RBI data showed.
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Current Account Surplus At Record High In June Quarter: RBI Data
The surplus stood at 3.9 per cent of gross domestic product (GDP) in the latest quarter, compared with a deficit of $15 billion or 2.1 per cent in the same period a year ago, RBI data showed.
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India's Current Account Surplus Rises To $19.8 Billion In June Quarter
The country's current account surplus rose to $19.8 billion in the June quarter as merchandise imports declined amid the COVID-19 pandemic.
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At $0.6 Billion, India Records First Quarterly Current Account Surplus In 13 Years
Lower trade deficit was one of the prime reasons for the improvement in the current account balances both for the March quarter as well as for the whole fiscal year.
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Toughest Times May Be Over For Rupee, Asia's Worst-Performing Currency
The rupee may strengthen to 75 per dollar by the end of December, an advance of about 1 per cent from Friday's close of 75.6475, according to a Bloomberg survey.
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Current Account Deficit Narrows To 0.1% Of GDP In June Quarter
India unexpectedly posted a slight current account deficit in the April-June quarter, contrasting with expectations it would post the first surplus in nine years, as citizens abroad sent fewer remittances home.
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India's Current Account To Be In Surplus In Q1: Citigroup
The country's current account is likely to be in surplus in the first quarter of this financial year, says a Citigroup report.
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India Expected To Post First Current Account Surplus In 9 Years
India is likely to post its first current account surplus in nine years in the latest quarter, which should bolster the rupee though it is not a good sign for the economy as it reflects weak investment demand at home and subdued exports, analysts said.
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Expect Current Account Surplus Of $4 Billion After Nine Years: Nomura
Japanese brokerage Nomura on Friday said the country is likely to post first quarterly current account surplus in nine years in the June quarter at $4 billion or 0.8 per cent of the GDP.
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India's Current Account Turns Surplus After Deficit In Last Quarter: Report
India has recorded an improvement in its current account, achieving a surplus of $5.7 billion, which equates to 0.6 per cent of its gross domestic product (GDP) in the fourth quarter of fiscal year 2024, according to a recent report by CRISIL.
-
At 1.3% Of GDP, India's Current Account Slips Into Deficit In September Quarter
The current account, which records the value of exports and imports of both goods and services along with international transfers of capital, was in a surplus mode both in the quarter-ago and year-ago periods.
-
Current Account Balance Shows Surplus Growth During June-End Period
Current account balance registered a surplus of $6.5 billion in the first quarter of the current fiscal, mainly due to contraction in trade deficit.
-
India Reports Current Account Surplus Of 0.9% During Pandemic Hit 2020-21
Reserve Bank of India said the current account balance swung into the surplus territory on the back of a sharp contraction in the trade deficit to $ 102.2 billion from $157.5 billion in 2019-20.
-
Current Account Surplus Shrinks To $15.5 Billion In July-September Quarter
The surplus stood at 2.4 per cent of the gross domestic product in the latest quarter, compared with a deficit of $7.6 billion, or 1.1 per cent of GDP, in the same period a year ago,
-
Government Likely To Report Current Account Surplus For Current Fiscal Year: Chief Economic Adviser
India's current account surplus rose to a record $19.8 billion in April-June as its trade deficit narrowed sharply, the Reserve Bank of India said earlier.
-
Rupee Moves Higher To 73.76 Against Dollar
The country's current account surplus rose to $19.8 billion - or 3.9 per cent of GDP - in the quarter ended June 30, RBI data showed.
-
Current Account Surplus At Record High In June Quarter: RBI Data
The surplus stood at 3.9 per cent of gross domestic product (GDP) in the latest quarter, compared with a deficit of $15 billion or 2.1 per cent in the same period a year ago, RBI data showed.
-
India's Current Account Surplus Rises To $19.8 Billion In June Quarter
The country's current account surplus rose to $19.8 billion in the June quarter as merchandise imports declined amid the COVID-19 pandemic.
-
At $0.6 Billion, India Records First Quarterly Current Account Surplus In 13 Years
Lower trade deficit was one of the prime reasons for the improvement in the current account balances both for the March quarter as well as for the whole fiscal year.
-
Toughest Times May Be Over For Rupee, Asia's Worst-Performing Currency
The rupee may strengthen to 75 per dollar by the end of December, an advance of about 1 per cent from Friday's close of 75.6475, according to a Bloomberg survey.
-
Current Account Deficit Narrows To 0.1% Of GDP In June Quarter
India unexpectedly posted a slight current account deficit in the April-June quarter, contrasting with expectations it would post the first surplus in nine years, as citizens abroad sent fewer remittances home.
-
India's Current Account To Be In Surplus In Q1: Citigroup
The country's current account is likely to be in surplus in the first quarter of this financial year, says a Citigroup report.
-
India Expected To Post First Current Account Surplus In 9 Years
India is likely to post its first current account surplus in nine years in the latest quarter, which should bolster the rupee though it is not a good sign for the economy as it reflects weak investment demand at home and subdued exports, analysts said.
-
Expect Current Account Surplus Of $4 Billion After Nine Years: Nomura
Japanese brokerage Nomura on Friday said the country is likely to post first quarterly current account surplus in nine years in the June quarter at $4 billion or 0.8 per cent of the GDP.
