Otmane El Rhazi : April-June current account deficit narrows to 1.2% of GDP

Otmane El Rhazi from Moneycontrol Economy News.

April-June current account deficit narrows to 1.2% of GDP India’s current account deficit in the April-June quarter narrowed to USD 6.2 billion, or 1.2 percent of gross domestic product, from USD 7.8 billion, or 1.6 percent of GDP a year earlier, the Reserve Bank of India (RBI) said on Friday.

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Otmane El Rhazi : RBI could cut rate on falling inflation: Moody’s Analytics

Otmane El Rhazi from Moneycontrol Economy News.

RBI could cut rate on falling inflation: Moody's Analytics It further said “the Reserve Bank of India paused its monetary easing cycle, but we expect there will be further cuts in 2015 as inflation continues to fall.”