Widening trade gap pushed up the country's current account deficit to USD 36.4 billion ... as per a statement on 'Developments in India's Balance of Payments (BoP) during the Second Quarter ...
One of the standout features of India's BoP in Q1: 2023-24 was the substantial narrowing of the Current Account Deficit (CAD). The CAD decreased to USD 9.2 billion, equivalent to 1.1 per cent of ...
The BSP reported that the country’s balance of payments (BoP) position swung to a $4.1-billion deficit in January, marking the fourth straight month of shortfall. A deficit occurs when outbound ...
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India's BoP strengthened by robust inflows from NRI deposits, external commercial borrowing in last quarter: ReportDespite challenges in other areas of the economy, such as the current account deficit and trade balance pressures, these capital inflows have provided critical support to India's BoP. Overall ...
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