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In a major boost for tourism, Shimla to get Asia's longest ropeway spanning 13.79 kilometers | Karnataka govt hikes sales tax on diesel, price goes up by Rs. 2 | 'Heard India will be dropping its tariffs substantially': Donald Trump ahead of announcing reciprocal tariff | Opposition MPs decide to vote against Waqf Amendment Bill in Parliament tomorrow | Chilean President Boric visits India, discusses ways to expand bilateral ties with Modi | Himanta Biswa Sarma slams Muhammad Yunus' Northeast remarks, Tripura leader suggests Bangladesh's split | Modi govt determined to uproot Naxalism by March 31, 2026: Amit Shah | Time for reciprocity: White House refers to India's 100 percent tariff imposed on US agri products ahead of April 2 deadline | Fresh encounter breaks out in J&K's Kathua, security forces trap 3 terrorists | Pakistani advocacy group nominates Imran Khan for Nobel Peace Prize
India's current account deficit reduces to $10.5 billion in Dec qtr: RBI

India's current account deficit reduces to $10.5 billion in Dec qtr: RBI

Mar 27, 2024, at 03:25 am

New Delhi: India's current account deficit lessened to $10.5 billion or 1.2 percent of the GDP in the October-December quarter, from $11.4 billion in the preceding three months and $16.8 billion a year earlier, Reserve Bank of India (RBI) said on Tuesday.

India's balance of payment may go into $45-50 bn deficit in FY23

India's balance of payment may go into $45-50 bn deficit in FY23

Nov 10, 2022, at 05:28 pm

​India's balance of payment is expected to be in deficit by $45 -50 billion in FY23 but this deficit can be managed comfortably with foreign exchange reserves at a healthy $531 billion, according to a report in the media.

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