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Page 2 - Balance Of Payments
I've to be careful, am answerable to Parliament: FM Nirmala Sitharaman
Nirmala Sitharaman tells Indivjal Dhasmana & Nivedita Mookerji that the government has made sure that mistakes committed during 2008-2013 are not repeated while announcing the Rs 20-trillion package.
 "I've to be careful, am answerable to Parliament: FM Nirmala Sitharaman")
Updated On : 20 May 2020 | 7:02 PM IST
Shankar Acharya: Rupee rises despite higher deficits!
Last week, the Reserve Bank of India (RBI) published the balance of payments (BOP) data for the October-December quarter of 2009. It elicited surprisingly little comment. Surprising, because for the second quarter in a row, the current account deficit was well above 3 per cent of GDP. And with nine months data in the bag, there is a good chance that the full year (2009-10) current account deficit will also be above 3 per cent of GDP.
Updated On : 10 Jun 2019 | 12:06 PM IST