India’s current account saw a surplus of $13.5 billion in Q4 FY25, a significant turnaround from previous deficits, driven by robust services exports and reduced primary income outgo. While the merchandise trade deficit widened, increased remittances and strong service sector performance contributed to an overall improved current account deficit of $23.3 billion for the entire fiscal year.
MSCI rebalancing on Monday: Adani Energy, Groww set for big inflows; RIL, Jio Financial may face outflows
MSCI’s latest rebalancing is set to drive heightened trading activity in several Indian stocks on Monday, with revised weights taking effect from September 1. The