India recorded a Current Account deficit of 1.20 percent of the country's Gross Domestic Product in 2023. This page provides - India Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.
3) India's first electronic manufacturing cluster will come up in which state? - Published on 14 Dec 17 a. Andhra Pradesh b. Madhya Pradesh c. Chhattisgarh d. Karnataka Answer Explanation 4) Fed Reserve raised interest rates by what percent on Dec 13, 2017? - Published on 14 Dec 17...
US interest rates Inflation expectations Investment demand For a detailed explanation, read What Affects The Price of Gold. How does the price of gold perform during recessions? Gold prices typically increase during economic recessions. One way to analyze gold prices during a recession is by comparin...
The tenure of deposit can be from 1 to 5 years. Like NRE account,the interest received in FCNR(B) account is tax free in India.The advantage of FCNR account is it eliminates currency risk. Also Read:Best FCNR(B) – US Dollar Fixed Deposit Interest Rates NRI Banking in India with SB...
The new repo rate set by the Reserve Bank of India (RBI) can have an impact on the life of a common man in several ways: Interest Rates on Loans:The repo rate directly affects the interest rates on loans, such as home loans, car loans, and personal loans. When the repo rate increas...
Mumbai (India)21,043,000 Mexico City (Mexico)20,999,000 Beijing (China)20,384,000 Osaka (Japan)20,238,000 Cairo (Egypt)18,772,000 New York-Newark (US)18,593,000 Sex Ratio In most sex reproductive species, ratios tend to be 1:1. But human sex ratio is particularly the study of ...
Mr Tariq believes the hike in interest rates by the central bank, rupee depreciation, increase in taxes on imports had helped drive down the current account deficit. Current account deficit nosedives 48% MoM to $809m in January Cumulatively, in first seven months (July-January) of the curren...
Yield control curve (YCC), also referred as interest rate caps, aims to control interest rates along someportion of the yield curve. It involves targeting a longer-term interest rate by a central bank, then buying or selling as many bonds as necessary to hit that rate target. ...
Foreign National Residing in India Types of Current Account (1) Regular Current Account It is very general type of current account that provides all the basic facilities of a Current Account. It allows multiple number of transactions, online banking facilities, overdraft facilities, cheque book facil...
In January 2009, amidst global economic and financial turmoil, the Bank of England cut interest rates by more than a percentage point, from 3% to 1.5%—the lowest level in its 315-year existence. In May 2009, theDaily Telegraphreported that several MPs had submitted dozens of inappropri...