Search For "current account"
Latest Banking Industry Trends Show Uptick in Tier 1 Cities: A New Report
Updated : 1 year, 8 months ago IST
New Delhi [India], September 23: Techmagnate, the leading digital marketing agency for banks, has released a new Search Trends Report detailing CASA (Current Accounts and Savings Accounts) industry trends.
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Decreased oil exports, because of lower crude prices increasing India's tr
Updated : 1 year, 8 months ago IST
India's oil exports have been impacted by the fall in crude oil prices, leading to a contraction in the country's overall exports in August, according to a report by CRISIL.
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India's housing sector poised for 10 pc CAGR growth; Govt capex expansion
Updated : 1 year, 8 months ago IST
The government's capex has seen a threefold increase over the past five years, but this growth may be reaching its peak. As the government steps back, the private corporate sector is set to take the lead. With strong corporate balance sheets and direct government incentives, companies are ra
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India's current account turns surplus in Q4 2024, from deficit in Q3 2024:
Updated : 1 year, 11 months ago IST
This is a significant shift from the USD 8.7 billion deficit (1.0 per cent of GDP) reported in the third quarter, and a notable improvement compared to the USD 1.3 billion deficit (0.2 per cent of GDP) in the fourth quarter of the previous fiscal year.
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From deficit to surplus, India's current account registers a surplus of US
Updated : 1 year, 11 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.
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Israel's surplus in current accounts USD 6.7 billion to start 2024
Updated : 1 year, 11 months ago IST
Israel's Central Bureau of Statistics reported that the surplus in the current account in the first quarter (Q1) of 2024, minus the effect of seasonality, amounted to USD 6.7 billion, compared to $9.3 billion in the previous quarter.
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India set for first current account surplus in 10 quarters by 4QFY24: Ind-
Updated : 1 year, 12 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.
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The ABCs of Banking: Current Account vs. Savings Account - What Sets Them
Updated : 2 years ago IST
New Delhi [India], May 22: In the realm of banking, two fundamental types of accounts reign supreme: the savings account and the current account. While they both serve as safe harbours for your finances, understanding their nuances is crucial for making informed decisions about managing pers
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Productivity driven growth fuels optimistic economic outlook for India: Mo
Updated : 2 years, 1 month ago IST
The report says productivity driven growth will contribute to a favourable outlook for India. With inflation projected at 4.5 per cent in the next fiscal and current account deficit forecasted to remain below 1.5 per cent of GDP during the same period.
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October-December current account deficit at USD 10.5 bn vs USD 16.8 bn (Yo
Updated : 2 years, 2 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.
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Current Account Deficit expected to reach year's high of 1.2 % of GDP in F
Updated : 2 years, 2 months ago IST
According to a press release, this forecast represents a marginal increase from the previous quarter's deficit of 1.0 per cent of GDP and marks a year's high, surpassing the deficit recorded in the corresponding quarter of the previous fiscal year (3QFY23: USD16.8 billion, 2.0 per cent of GD
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"2004-2014 was decade of decay": Maharashtra Deputy CM Fadnavis at Viksit
Updated : 2 years, 2 months ago IST
Comparing the times of the earlier Congress regime with that of the Narendra Modi government, Fadnavis said, "During UPA, inflation was in double digits which has come down to 5 per cent...FDI (Foreign Direct Investment) inflow was 36 billion dollars which has come to 85 billion dollars now.
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