Wall Street indexes surged Monday, with the Dow hitting a record high following a preliminary US-Iran agreement that eased inflation fears and sent oil prices plummeting. This relief rally boosted rate-sensitive tech stocks and energy-dependent sectors like airlines, while the Federal Reserve’s upcoming policy update remains a key focus.
Remittances, services surplus lift India to $4.7 billion current account surplus in April
India achieved a significant current account surplus of $4.7 billion in April. This positive shift was driven by robust inward remittance flows. The services sector