November 22, 2024 21:58 (IST)
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India's January-March current account balance at 0.6% surplus riding on high service exports

India's January-March current account balance at 0.6% surplus riding on high service exports

Mumbai: India's current account balance recorded a surplus in the January-March quarter, driven largely by higher service exports and private transfer receipts, according to the Reserve Bank of India (RBI).

India's foreign exchange reserves shoot by $4.549 bn to a record $648.7 bn

India's foreign exchange reserves shoot by $4.549 bn to a record $648.7 bn

New Delhi: India's foreign exchange reserves surged by $4.549 billion to a record high of $648.7 billion for the week ending May 17, according to the Reserve Bank's announcement on Friday.