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India's January-March current account balance at 0.6% surplus riding on high service exports

India's January-March current account balance at 0.6% surplus riding on high service exports

Jun 25, 2024, at 02:03 am

Mumbai: India's current account balance recorded a surplus in the January-March quarter, driven largely by higher service exports and private transfer receipts, according to the Reserve Bank of India (RBI).

India's May services exports show 7.7% growth to $27.06 billion, says RBI

India's May services exports show 7.7% growth to $27.06 billion, says RBI

Jul 04, 2023, at 05:53 am

Mumbai: India's services exports in May increased by 7.7% year-on-year to $27.06 billion, while imports rose by 2% to $15.5 billion, according to provisional data released by the Reserve Bank of India (RBI) on Monday.