“Underlying the current account deficit was the widening of the merchandise trade deficit to $ 68.6 billion and an increase in net outgo of investment income payments”, said a release by the Reserve Bank of India.
The Indian market is expected to trade higher on Wednesday, following positive global cues. The Nifty50 closed 378 points up at 23,739 on Tuesday, with
Titan’s stock dropped by 2.4% as the company reported a slight dip in Q3 net profit, despite a 25% YoY increase in total income. The
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