India records a current account surplus after 10 quarters
The RBI released the Q4 data on balance of payments for the financial year 2023-24, for the period between January to March this year.
The RBI released the Q4 data on balance of payments for the financial year 2023-24, for the period between January to March this year.
LIC says it has placed robust controlling mechanisms along with best practices to prevent any kind of front running
The EFTA states have become the first European partner to conclude an FTA with India.
Prime Minister Narendra Modi is currently on a visit to Abu Dhabi.
The GTRI report points out that India's exports to these FTA partners have increased at a lower rate than its imports.
Private consumption growth is likely to taper off, as the post-pandemic pent-up demand diminishes and persistent high food price inflation is likely to constrain spending, says World Bank.
The services exports surged 13.43% year-on-year to $28.70 billion during the month under review as against $25.30 billion in the same period last year
According to the rating agency, the ongoing conflict in the Middle East, confined mainly to the Gaza region now, has caused only negligible disruption in India's trade so far.
The country’s merchandise imports fell by 15% year-on-year to $53.84 billion as against $63.37 billion in the same period last year.
The minister said that India’s services sector has seen 55% growth in just 2 years.