Current Accounts
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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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Too Premature To Shift RBI Policy Stance; Any Form Of Adventurism Has To Be Shunned: Shaktikanta Das
The Reserve Bank of India's Governor Shaktikanta Das emphasized caution in changing monetary policy, citing premature conditions for adjustment.
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RBI Permits Banks To Open Current Accounts For Export Proceeds In Addition To Special Rupee Vostro Accounts
India has been trying to promote rupee trade following the Russia-Ukraine war and the sanctions imposed by the West.
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October-December Current Account Deficit Widens Sharply
The current account deficit for these three months widened to 2% of gross domestic product.
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Here's Why June Quarter Current Account Deficit Is At Four-Year High
"The widening of the CAD on a year-on-year basis was primarily on account of a higher trade deficit, which was at $41.2 billion," said RBI.
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Current Account Deficit Widens To Four-Year High in Q1 Of FY18
The CAD came in at $14.3 billion in the April-June quarter of 2017-18 as compared to $0.4 billion in the corresponding quarter of 2016-17.
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India Fastest Growing Economy Under PM Narendra Modi, Says BJP
Rejecting Congress' charge that the economy is not doing well, the BJP today said India has become the fastest growing major economy under the leadership of Narendra Modi and the current account deficit will be eliminated in the next few months.
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Poll Commission Asks Candidates To Open Current Accounts As RBI Lifts Restrictions
The Election Commission has asked candidates in five states -- where assembly elections are being held -- to open current accounts so they won't have to face problems in withdrawing money for poll expenditure. Earlier, the Reserve Bank of India had refused to enhance the cash withdrawal limit for election candidates despite a request from the poll ...
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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.
-
Too Premature To Shift RBI Policy Stance; Any Form Of Adventurism Has To Be Shunned: Shaktikanta Das
The Reserve Bank of India's Governor Shaktikanta Das emphasized caution in changing monetary policy, citing premature conditions for adjustment.
-
RBI Permits Banks To Open Current Accounts For Export Proceeds In Addition To Special Rupee Vostro Accounts
India has been trying to promote rupee trade following the Russia-Ukraine war and the sanctions imposed by the West.
-
October-December Current Account Deficit Widens Sharply
The current account deficit for these three months widened to 2% of gross domestic product.
-
Here's Why June Quarter Current Account Deficit Is At Four-Year High
"The widening of the CAD on a year-on-year basis was primarily on account of a higher trade deficit, which was at $41.2 billion," said RBI.
-
Current Account Deficit Widens To Four-Year High in Q1 Of FY18
The CAD came in at $14.3 billion in the April-June quarter of 2017-18 as compared to $0.4 billion in the corresponding quarter of 2016-17.
-
India Fastest Growing Economy Under PM Narendra Modi, Says BJP
Rejecting Congress' charge that the economy is not doing well, the BJP today said India has become the fastest growing major economy under the leadership of Narendra Modi and the current account deficit will be eliminated in the next few months.
-
Poll Commission Asks Candidates To Open Current Accounts As RBI Lifts Restrictions
The Election Commission has asked candidates in five states -- where assembly elections are being held -- to open current accounts so they won't have to face problems in withdrawing money for poll expenditure. Earlier, the Reserve Bank of India had refused to enhance the cash withdrawal limit for election candidates despite a request from the poll ...
