merchandise trade deficit

India’s foreign exchange kitty surges to 5-month excessive at 5.4 billion, CFO Information, ETCFO

India’s foreign exchange kitty surges to 5-month excessive at $665.4 billion, CFO Information, ETCFO

Newz BabaApril 7, 2025April 7, 202504 mins

Mumbai, India’s overseas trade reserves surged by $6.6 billion to a five-month excessive of $665.4 billion for the week ended on March 28, 2025, information launched by the Reserve Financial institution of Indian on Friday confirmed. In keeping with the RBI’s Weekly Statistical Complement, the nation’s gold reserves which additionally kind a part of the…

Present account deficit dips to 1.2% of GDP

Newz BabaDecember 28, 2024December 28, 202401 mins

MUMBAI: India’s present account deficit narrowed to 1.2% of GDP in Q2 FY25, barely beneath the 1.3% within the year-ago interval, in response to RBI knowledge. This was regardless of vital worsening of the commerce deficit. In absolute phrases, the CAD declined to $11.2 billion in Q2 FY25 from $11.3 billion in the identical interval…