RBI sees India’s current-account deficit staying within 3% of GDP
India’s central bank expects the country’s current account deficit to stay within a limit it considers sustainable amid softening global
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GDP
India Q1 GDP is up 13.5%, but lower than RBI estimate
India’s economy grew 13.5 per cent from a year ago in the April-June quarter this fiscal, its fastest year-on-year growth
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Cash in use now at record 14.5% of GDP
The ratio of currency in circulation as a proportion of GDP touched a new high of 14.5% for fiscal 2020-21.
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ADB cuts GDP forecast for FY22 to 10%
The Asian Development Bank (ADB) has revised downwards India’s economic growth forecast for the current fiscal, 2021-22 (FY22) to 10
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