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According to Shaktikanta Das, India's current account deficit is manageable. Forex reserves are stable, and the rupee may appreciate. Lower interest rates could be possible with synchronisation of interest rates. India's growth hopes are pinned on manufacturing exports and private investment facilitated by low interest rates.
KARACHI: Pakistan has recorded current account deficit (CAD) of $269 million in January 2024 as compared to current...
The Indian rupee remained stable as an emerging market currency due to the narrowing current account deficit (CAD) and robust economic fundamentals. In 2023, the rupee was one of the best-performing and least volatile currencies, reflecting the stability of the Indian economy and the return of capital inflows.
What an absolute pleasure to meet Eduardo Capilla, the generous-hearted, Argentinian visual artist and film maker behind the recently opened installation space, Capilla Studio. The...
Indias merchandise trade deficit narrowed to a nine month low of $ 17.5 bn in January compared to $ 19.8 billion in December'2023. Service surplus surged to $16.8bn in January versus $16.0bn surplus in December.