India's current account deficit moderated slightly from a year earlier in the July-September quarter, the central bank said on Friday. The current account deficit stood at $11.2 billion, or 1.2% of GDP in the reporting quarter,

India’s current account deficit stayed largely flat in the July-September period from the previous quarter’s number, which was revised up sharply.

India's current account deficit narrows to 1.2% of GDP in Q2 FY25 due to increased services receipts and investments.

Manmohan Singh, former Indian Prime Minister and a pivotal figure in the country’s economic transformation, died in New Delhi on Dec. 26. He was 92.

Randeep Singh Surjewala mourns Dr. Manmohan Singh, lauding his contributions to India's economy and principles of justice and inclusivity. The Union Cabinet honors him with a condolence resolution. Dr.