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Get latest articles and stories on Business at LatestLY. Industry welcomes Reserve Bank of India decisions in its first monetary policy report of FY 25. One of the key highlights of the report is the RBI's decision to maintain the repo rate at its current level, a move that has been widely applauded by industry leaders. Business News | Industry Hails RBI's Monetary Policy Decisions.
Türkiye seeks to reduce its current account deficit to below 2.5% of the national income this year and help accumulate reserves, the country's...
And besides that, we have been quite aggressive as far as QR code distribution is concerned to the small traders and merchants and that has also given a fillip to our current account. So, for us, the current account and the saving bank has been quite encouraging. We have ended the year above 50% of CASA.
After a crisis like the pandemic, looking only at inflation and growth does little to shape effective monetary policy, and it’s essential to go beyond. A comparison with the early 2010s holds some clues on what’s working better this time.
A lower current account deficit implies domestic savings must have gone up, and at a faster rate than investment