India's current account deficit is expected to nearly double in the Financial Year 2026, rising to 1.2 per cent of GDP from 0.6 per cent in FY25, Union Bank of India said in a report.
The India Meteorological Department (IMD) has issued a Tehsil-level Nowcast for Haryana and Punjab, predicting thunderstorms, lightning, and varying intensities of rainfall in several regions until noon on Sunday.
The Rashtriya Swayamsevak Sangh (RSS) has called a meeting in the national capital on August 19 and 20, which will be attended by top leaders and affiliates working in various sectors, including those likely to be impacted by the US tariffs on Indian goods.
Foreign capital inflows into India are likely to accelerate following S&P's recent credit rating upgrade, which is also expected to lower borrowing costs for the country, said Sonal Badhan, Economist at Bank of Baroda (BoB).
India's export data for July 2025 is due later in the day. The figures are expected to show no major deviations, with business activity remaining steady through the month.
Additionally, light to moderate rainfall was recorded in most parts of Delhi. Thunderstorms and lightning with heavy rain are likely over Delhi in the next 2-3 hours, starting from 10.00 AM on Wednesday.
According to sources, the Chinese Foreign Minister is expected to take part in SR (Special Representative)-level talks. National Security Advisor (NSA) Ajit Doval serve as the special representative of India.
The Indian Olympic Association (IOA) has approved the submission of the bid to host the Commonwealth Games 2030 during its latest Special General Meeting (SGM) on Wednesday.