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India's current account deficit expected at 1.1% of GDP in FY25, says ICICI bank

ICICI Bank reports India's Current Account Deficit (CAD) may stay at 1.1% of GDP in FY25, influenced by a record trade deficit and FPI outflows

In the fiscal year 2024–2025 (FY25), India's Current Account Deficit (CAD) is anticipated to stay at 1.1% of GDP, citing to ICICI Bank analysis(Unsplash/representational)
Published on Dec 30, 2024 09:17 AM IST
ANI |

City records light rain, strong showers likely over next 2 days

According to Dr Sompal Singh, Department of Agricultural Meteorology, Punjab Agricultural University (PAU), the light showers were a result of decreased air pressure.

Rain brought relief for city residents from the scorching heat in Ludhiana on Sunday. (Gurpreet Singh/ Hindustan Times)
Updated on Jul 29, 2024 05:02 AM IST
By, Ludhiana

Rajasthan received 51% less rain compared to last year: IMD

IMD chief Radhe Shyam Sharma said there is only 3% deficit in the rainfall in Rajasthan this year compared to the normal average, which should be fulfilled by next one month

Many places reported severe waterlogging, building collapses and death of civilians during monsoon in Rajasthan this year. (Representational image)
Updated on Jul 22, 2024 04:34 PM IST

Himachal saw 49% rain deficit this June

Himachal received only 51 mm rainfall between June 1 and 30, compared to the average of 101.5 mm expected during this period

Several districts in Himachal including Hamirpur, Kangra and Chamba reported very low rainfall, while Shimla and Solan were marginally better off. (HT File)
Updated on Jul 02, 2024 09:34 AM IST
By, Dharamshala

India's current account deficit dips to $10.5 bn in Oct-Dec: RBI

Net FDI inflow at USD 8.5 billion during April-December 2023 was lower than USD 21.6 billion during April-December 2022, it said.

Reserve Bank of India
Updated on Mar 26, 2024 07:30 PM IST
PTI |
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