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Q4 sees current account surplus of 0.6% of GDP
Financial Express· 6 days agoIndia’s current account balance recorded a surplus of $5.7 billion or 0.6% of the gross domestic product (GDP) in Q4FY24 as against deficits of $8.7 <...
Goldman Sachs favours the Euro for its favorite carry trade, the Rupee
Hindustan Times· 2 days agoWhat is a carry trade? A carry trade is when a foreign exchange trader borrows money in a currency...
India's forex reserves rise by $816 million to $653.7 bn as on June 21
The Economic Times· 2 days agoExpressed in dollar terms, the FCAs include the effect of appreciation or depreciation of non-US...
Bond Street to see $2-3 billion foreign inflows a month after inclusion in JP Morgan Index
The Economic Times· 5 days agoMumbai: The sovereign debt market will see foreign flows worth $2-3 billion per month once domestic...
UPSC Key | Buffer stocks, JP Morgan Index, Hijab ban and more
Indian Express· 2 days agoExclusive for Subscribers Daily: How are NEET/NET fiasco and Buffer stocks relevant to the UPSC...
RBL Bank to raise Rs 65 billion via institutional placement of shares, debt issue
The Economic Times· 3 days agoThe bank will raise 35 billion rupees through QIP and 30 billion rupees through issue of debt...
Indian stock market adds over $1 tn to mcap in 6 months, Nifty up 6% in June
Livemint· 4 days agoNifty has hit record highs in eight out of 11 sessions and gained about six per cent in June so far,...
Fairfax India Holdings unit sells 9.7% stake in CSB Bank for $70 million
CNBC Awaaz· 3 days agoThe proceeds of the sale amounted to 5.9 billion rupees ($70.7 million) in gross terms, Fairfax...
India’s forex reserves may rise to $700 billion by FY25-end, say experts
CNBC Awaaz· 2 days agoIndia’s foreign exchange reserves are expected to rise to $700 billion by the end of this financial...
Current account balance records surplus of 0.6% of GDP in Q4FY24: RBI
Indian Express· 6 days agoFor the full year (FY24), the country’s current account deficit moderated to $23.2 billion, or 0.7...