Skip to main content

India can sustain 2.5%-3% current a/c deficit: RBI

India can sustain a current account deficit (CAD) of 2.5% to 3% of the gross domestic product (GDP) without getting into an external crisis, RBI deputy governor Michael Patra said on Saturday. He added that India would also require to reverse the trend of decelerating savings rate, which began in 2012-13.

India can sustain a current account deficit (CAD) of 2.5% to 3% of the gross domestic product (GDP) without getting into an external crisis, RBI deputy governor Michael Patra said on Saturday. He added that India would also require to reverse the trend of decelerating savings rate, which began in 2012-13. from Times of India https://ift.tt/Uu3iB4z
Labels:

Comments

Post a Comment

Popular posts from this blog

Amazon adds a 'warning' label for these iPhone cases, here’s why

Apple launched FineWoven iPhone cases with the iPhone 15 series. Amazon added a 'Frequently returned item' label to caution buyers. Prices for 'used' cases reduced, and users have mixed opinions. Tech journalist Joanna Stern shared a negative experience with the case. Apple launched FineWoven iPhone cases with the iPhone 15 series. Amazon added a 'Frequently returned item' label to caution buyers. Prices for 'used' cases reduced, and users have mixed opinions. Tech journalist Joanna Stern shared a negative experience with the case. from Times of India https://ift.tt/y6k3r2m
Post a Comment
Read more

Drunk Bihar school teacher announces 'holiday', tells students to go home

A teacher in Bihar's Rohtas district allegedly declared a holiday while under the influence of alcohol, instructing all students to go home. The education department has taken action against the teacher. It is worth noting that Bihar has been under total prohibition since April 2016, with the consumption, sale, and supply of alcohol completely banned. A teacher in Bihar's Rohtas district allegedly declared a holiday while under the influence of alcohol, instructing all students to go home. The education department has taken action against the teacher. It is worth noting that Bihar has been under total prohibition since April 2016, with the consumption, sale, and supply of alcohol completely banned. from Times of India https://ift.tt/X3GjzQ0
Post a Comment
Read more