Tag: Capital Account
Posted in Economy
CAD widens marginally on widening trade deficit
India’s current account deficit widened marginally to 1.1 percent of GDP in the June quarter compared to 1 percent of GDP in the same period…
Posted in Economy
rupee: Digitalisation will help rupee become global: RBI report
Digitalisation will hasten internationalisation of the rupee, which will result in lowering transaction costs for cross-border trade and investment operations and lower exchange rate risk,…
Posted in Economy
Sri Lanka news: India, Sri Lanka mulling over using Indian Rupee for economic transactions
India and Sri Lanka are exploring the possibility of using the Indian Rupee for economic transactions and have discussed the initiative that will help in…