Tag: Current Account
Posted in Economy
MDR a small fee, will not have major impact on UPI volumes: RBI Guv Malhotra
Mumbai: Reserve Bank of India Governor Sanjay Malhotra on Wednesday said levying a “small fee” in the form of merchant discount rate (MDR) will not…
Posted in Economy
India’s current account deficit widens in third quarter
India’s current account deficit widened to $13.2 billion or 1.3% of the country’s gross domestic product in the third quarter from $11.3 billion or 1.1%…
Posted in Economy
India’s current account gap narrows in Q2 on higher services exports, remittances
India’s current account deficit eased to $12.3 billion, or 1.3% of GDP, in the July-September quarter from $20.8 billion a year earlier, mainly due to…
Posted in Economy
Current Account Deficit likely to stay in check at 1.2-1.5% of GDP, progress on India-US trade talks will be crucial: Report
The domestic current account deficit (CAD) is expected to remain largely in check at around 1.2-1.5 per cent of the GDP in FY26, according to…