India’s current account deficit saw a significant reduction in the July-September quarter. This improvement was driven by a narrower merchandise trade deficit. The deficit stood at $12.3 billion, or 1.3% of GDP. This marks a notable decrease from the previous year’s figures. The Reserve Bank of India reported these figures on Monday.
Mcap of 8 of top-10 firms erodes by Rs 1.55L cr
Recently, the market witnessed a downturn, with eight of the leading firms in India suffering major valuation losses. The declines of HDFC Bank and Bajaj