Search For "current account balance"
India's current account balance turns surplus in 4QFY25, after three quart
Updated : 8 months, 3 weeks ago IST
India Ratings and Research (Ind-Ra) expects the country's current account balance (CAB) to have registered a surplus of around USD7 billion (0.7 per cent of GDP) in the fourth quarter of recently concluded financial year 2024-25, higher than USD 4.6 billion (0.5 per cent of GDP) in the corre
Read More
From deficit to surplus, India's current account registers a surplus of US
Updated : 1 year, 8 months ago IST
India's current account balance registered a surplus of USD 5.7 billion, equivalent to 0.6 per cent of GDP, in the fourth quarter of the financial year 2023-24, highlighted data from RBI.
Read More
India set for first current account surplus in 10 quarters by 4QFY24: Ind-
Updated : 1 year, 9 months ago IST
Despite this positive quarter, the overall CAB for FY24 is expected to remain in deficit at 0.6 per cent of GDP, the lowest since FY17, excluding the pandemic-affected FY21.
Read More
October-December current account deficit at USD 10.5 bn vs USD 16.8 bn (Yo
Updated : 1 year, 11 months ago IST
India's current account balance recorded a deficit of USD 10.5 billion (1.2 per cent of GDP) in Q3: 2023-24.
Read More
World Bank expects UAE's non-oil economy to grow by 4.8 pc in 2023
Updated : 2 years, 10 months ago IST
In a press conference held today in Dubai to announce the new World Bank Gulf Economic Update (GEU) titled, "The Health and Economic Burden of Non-Communicable Diseases in the GCC", the bank officials said that the current account balance in the UAE is expected to rise to 11.7 per cent in 20
Read More
India's current account deficit widens in July-September quarter: RBI data
Updated : 3 years, 2 months ago IST
India's current account balance recorded a deficit of USD 36.4 billion (4.4 per cent of GDP) in Q2 of 2022-23 (July-September), up from USD 18.2 billion (2.2 per cent of GDP)1 in Q1 (April-June), RBI's balance of payments (BoP) data showed on Thursday.
Read More
India's current account balance records deficit of USD 8.1 billion for Mar
Updated : 4 years, 8 months ago IST
New Delhi [India], June 30 (ANI): India's current account balance (CAB) recorded a deficit of USD 8.1 billion for the fourth quarter of the financial year 2020-21, which is 1 per cent of the Gross Domestic Product (GDP), according to data released by Reserve Bank of India on Wednesday.
Read More
India's current account balance records surplus of USD 19.8 billion in Q1
Updated : 5 years, 5 months ago IST
Mumbai (Maharashtra) [India], September 30 (ANI): India's current account balance (CAB) recorded a surplus of USD 19.8 billion (3.9 per cent of GDP) in the April-June quarter (Q1) of 2020-21, Reserve Bank of India (RBI) said in a press release on Wednesday.
Read More
India's current account balance records marginal surplus during Q4 of 2019
Updated : 5 years, 8 months ago IST
New Delhi [India], June 30 (ANI): India's current account balance (CAB) has recorded a marginal surplus of USD 0.6 billion, which is 0.1 per cent of GDP, in the fourth quarter i.e. January-March 2020, the Reserve Bank of India (RBI) said on Tuesday.
Read More