India’s current account deficit is expected to stay comfortable at $10.1 billion in this financial year, largely on account of likely demand moderation post the demonetisation move, says a Citigroup report. Economic Times According to the global financial services major, the country’s current account could likely widen in fiscal year 201718 to $30 billion or 1.2 per cent of GDP. “Incorporating the October data and...
The new hard to fake Indian Currency denominations of Rs 500 and Rs 2,000 will be available at bank ATMs when they start operating again from Friday, Finance Secretary Ashok Lavasa said today. “There are going to be some difficulties which they (people) will face but for their convenience, a number of steps have been...