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India’s Current Account Deficit (CAD) has widened to a four-quarter high at 2.4% of GDP in the June Quarter from 1.9% in the previous quarter. The International Monetary Fund expects, India’s CAD to be at 2.6% of GDP in 2018-19. India witnessed a trade deficit of ?18.02 billion in June 2018 Quarter, highest since November 2014.
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- 24 Feb 2023
The government recently approved investment proposals by UK retailer Tesco and telecom major Vodafone in India. There are also numerous reports of companies like Idea and HDFC Bank seeking shareholder approval to increase the foreign institutional investment or FII limit in their companies.
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- 22 Feb 2023
Everyone has the desire to be wealthy, but only a select few actually understand how the money operates. In addition to being a highly disciplined process, accumulating money calls for a mental transformation as well as an attitude that is oriented toward the creation of assets.
Robert Koyosaki's well acclaimed 1997 bestseller "Rich Dad, Poor Dad '' addresses this very issue.
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- 17 Jan 2023
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