India join hands with Mauritius to trade in local currencies
PORT LOUIS : Indian Central Banks and Mauritius have signed an MoU to enable the use of local currencies for trade. The agreement was to establish a framework to promote trade in the local
India’s current account deficit widens to 1.1% of GDP at $9.7 bn in Q1FY25 : RBI
NEW DELHI : The Reserve Bank of India (RBI) released a report titled “India’s Balance of Payments Developments during Q1FY25” on September 30, 2024, detailing India’s current account deficit (CAD) for the first quarter