Trade Surplus Archives

News: Reserve Bank of India(RBI) has released the data on India’s balance of payments (BoP) for Q4 of January-March 2019-20. Facts: Key Takeaways: Current account Surplus: India has managed a small current account surplus of US$ 0.6 billion (0.1%:of GDP) in Q4 of 2019-20 Reason: The surplus in the current account is largely driven by… Continue reading Why India’s trade surplus is a warning signal