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.

Authorities in India have declared a seven-day mourning period to honor Manmohan Singh as politicians and public paid tributes to the country’s former prime minister widely regarded as the architect o