Tag: current account deficit

Money market account rates today, January 26, 2025 (best account provides 4.75% APY)

Market
The Federal Reserve cut its target rate three times in 2024. So deposit rates — including money market account (MMA) rates — have started falling. It’s more important than ever to...

Re 1 crop insurance scheme won’t be discontinued, says Minister Kokate

Economy
Maharashtra Agriculture Minister Manikrao Kokate on Sunday reiterated that the government will not discontinue the Re 1 crop insurance scheme despite recommendations to shut it down. Speaking to the media in Nandurbar, Kokate confirmed that...

CAD widens marginally on widening trade deficit

Economy
India's current account deficit widened marginally to 1.1 percent of GDP in the June quarter compared to 1 percent of GDP in the...

India growth forecast: ADB retains India’s growth forecast at 7%; govt spending, agriculture to boost economy

Economy
The Asian Development Bank (ADB) on Wednesday retained India's growth forecast for the current fiscal at 7 per cent and said that the...

Rare balancing act: How RBI chief Shaktikanta Das tamed volatile rupee with $689 billion in reserves

Business
Reserve Bank of India chief Shaktikanta Das has pulled off a rare balancing act: Clamping down on volatility in the rupee while allowing...

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