India’s $4.7B Current Account Surprise in April
India recorded a current account surplus of $4.7 billion in April 2026, a sharp turnaround from a $4.8 billion deficit in the same month last year. The surplus was driven by a surge in services export…
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India recorded a current account surplus of $4.7 billion in April 2026, a sharp turnaround from a $4.8 billion deficit in the same month last year. The surplus was driven by a surge in services export…
Cape Verde coach Bubista says the team wants to compete and showcase their country in their FIFA World Cup debut against Spain. He describes the qualification as a dream come true and a cultural achie…
India's market valuations have become more reasonable after a correction, particularly in large caps and select cyclical sectors. Domestic-facing sectors like banking, capital goods, manufacturing and…
Fresh FCNR(B) deposits under RBI's concessional swap facility are expected to boost bank net interest margins by up to 4 bps, according to Systematix Research. The deposits offer a 60 bps higher NIM c…
Assam has received four new Geographical Indication tags for Bihu Pepa, Karbi Anglong Handloom, Bah Silpa, and Deori Handloom Products. Chief Minister Himanta Biswa Sarma announced the certification o…
Union Finance Minister Nirmala Sitharaman announced that the government and RBI will introduce more measures to attract foreign capital into India. She highlighted recent bond market reforms as the fi…
Goldman Sachs has revised its outlook on India's external sector, projecting a balance of payments surplus in 2026 after two consecutive years of deficit. The investment bank cut its current account d…
NABARD has facilitated GI certification for four iconic Assam products: Karbi Anglong Handloom, Bihu Pepa, Bamboo Crafts, and Deuri Handloom. The milestone brings the total NABARD-supported GI product…
Uttarakhand Chief Minister Pushkar Singh Dhami attended the "Jan-Jan Ki Sarkar, Mukhya Sevak Aapke Dwar" program in Khatima as chief guest. He inaugurated a Didi Cafe and inspected government departme…
Union Minister Suresh Gopi stated that the Centre is closely watching global oil market developments before revising domestic fuel prices. Oil marketing companies are absorbing daily losses of Rs 600-…
Chief Economic Advisor V. Anantha Nageswaran stated that India's external sector is now more resilient and better placed to withstand global shocks, attributing this to prudent macroeconomic managemen…
Aviation expert Sharath Panicker criticized the preliminary AAIB report on the AI-171 crash for leaving significant ambiguity about the sequence of events. He noted that the ram air turbine deployed d…