India Posts Current Account Surplus In Q4: Is This Beginning of The End Of CAD Constraint On India

India’s Current account story has seen a structural change,’ says Anubhuti Sahay of Standard Chartered Bank. As India posts a current account surplus for Jan-March, hear Anubhuti & Aditi Nayar of ICRA speak to Latha Venkatesh on whether India’s external funding constraints are now a thing of the past.
#currentaccountsurplus #indiacurrentaccountsurplus #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday
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[@sandeshb4744]

Despite all this some people think the constitution is in danger, the economy has tanked etc

[@gajendermalhotra9635]

Those are idiots who want attention better watch cartoon then seeing them

[@xcel5203]

People with knowledge wouldn't make that connection ; it's people like you who do it . Obviously you don't know what the constitution is about nor the economy.

[@TheDonMan97]

This is good! But, there is still a massive over-reliance on service industry to keep our current account balance in check. In future, there will be a time where US will put tariffs on our service industry just like they did with Russia and boom - that's our entire economy ruined! Even though services is doing well, we should continue our focus in manufacturing

[@pinkpanther6228]

Not to mention the way they are just printing money. They have used sanctions like some way of bullying countries to bend to their will. Our geo politic game is also top notch now. We will slowly shift and make a huge shift into manufacturing and reduce this service sector overreliance. There is now a huge young population driven with entrepreneurial spirit that are being given the incentives to build big business which their previous generations never got. The country is becoming stronger economically and the next 5 years if conflicts rise worldwide maybe we might be in a position to get INR a world currency status , the way we have been maintaining friendly relations with all the countries except for maybe China.

[@gajendermalhotra9635]

True but these leftist always talk about caste😂😂

[@gajendermalhotra9635]

India is aiming to have 50% of each by 2030 1 trillion each

[@jackblack2548]

Well said

[@xcel5203]

​@@gajendermalhotra9635 An unemployed A/Bakth wandering across social networks .

[@_rohit97]

Side effects of 10 yrs of modi!

[@xcel5203]

What about the weakening currency ? How long has it been going on and who should take the credit ? Were you aware that it negatively impacts imports and results in CA deficit ?

[@cgtim3230]

For the first time after Vajpayee government we have attained Currentr Account Surplus, discounting Cov aberation.... 10yrs of Khangress gov sent over economy into banking, fiscal crisis and fragrility... Karnataka government is now facing fiscal issue.. Hope people have the sense to not vote Khangress.

[@xcel5203]

After 10 years , banking sector is in a mess and nationalized banks have now been amalgamated to cover serious issues chiefly NPAs to cronies and oligarchs.

[@cgtim3230]

@@xcel5203 PappuChimpu... WB and IMF disagree with you completely. Indian banks are now globally competitive are now becoming some of the biggest banks in the world with low amount of NPAs

[@xcel5203]

@@cgtim3230 Look who's the Mitron papu - read the news . Delhi Airport collapsed because of current account surplus - how many years of corruption ? Train accidents , roads flooded ,airports collapsing, what next . Let's see what World Bank and IMF have to say . Fiscal fragility !

[@xcel5203]

@@cgtim3230 Mitron ,Delhi airport collapsed due to corrupt Current Account surplus . Roads flooded , train accidents . What does World Bank and IMF have to say ? Mitron wake up and smell the fragrance of 10 years of fantastic governance.

[@madhukarmurthi9064]

Nari shakti!

[@sahilsinghnegi7041]

But german Shepherd do we really need CA surplus. 😂

[@xcel5203]

Fact is no ; but who will explain it to the masses . It's just like GDP .

[@sahilsinghnegi7041]

@@xcel5203 not a bad thing to have.

[@JojoBoy-gh4gb]

What a red letter day , services exports saved India, a big addition to goods , that too due to the growth of captive global GCC companies spestablishing themselves in India , not just contributions from Indian software companies like TCS ,Infosys

[@mpjain]

The numbers that we have been waiting for a long long time. Wait for defense export numbers in the coming years

[@vasuvasudevan1827]

The last time this happened in the normal course of events was when vajpayee achieved it but then dear old manmohan and Chidambaram squandered it all. India has escaped disaster by a whisker during this election. I hope modi can overturn this nonsensical thinking about current account surpluses and keep at it - indians need a strong currency so that fuel and fertilizer can be inexpensive for the masses including the great numbers of farmers.

[@xcel5203]

How do you do that when you have been selling all the sovereign jewels to your crony friends and oligarchs? Where are the farmers and ordinary citizens' concerns when Russian oil is monopolized by Ambani and sold to third parties in Europe . Airports and seaports sold to Adani . Big deal ! Ignorant people like you should check how the rates of electricity, airports etc have been jacked up after these oligarchs have managed to monopolize entire sectors . And which minister is really qualified to make these decisions ? Smriti I ?

[@atishbhattacharya3473]

Russian oil resale to Europe won't last forever, it's our biggest export right now.

[@xcel5203]

This could be just another part of the govt's narrative that India's GDP rating is increasing . It is a truism that a current account surplus may indicate that imports have decreased due to a recession in the country while the opposite is also true regarding CA deficit .

[@mnd3607]

Pseudo seculars left the chat 😂😂

[@jackblack2548]

Global Capability Centres not Captive

[@12345abcd_qwerty]

creative accounting... eat and live software. what a joke

[@xcel5203]

The masses will never understand it .

[@lakshmineuroscience]

Buy gold with surplus. Rupee must be backed with gold or else it will hyperinflate in future

[@venkateshvs2829]

PEOPLE BECAME POORER & BOASTING IT AS CAS..SHAMELESS DATA

[@prakhartripathi8465]

Modi hai to mumkin hai

[@jigsaw2281]

Slowly slowly 25 saalo m rupee strong hona chaiye 1$= 4 rupees

[@vanacharlasaipavankumar6331]

Not essentially our rupee has to strengthen our people has to earn more then inflation and our currency depreciation should be less then inflation. there should be economic growth

[@avinash9303]

What an asinine comment.

[@jackblack2548]

Useful discussion but please chop the hypocrisy of "We 3 women" when you keep talking about DEI! The same statement by a man would have ruffled the feathers of these very 'equality' driven women! Focus on the discussion and not on the gender. Grow up!

[@venkateshvs2829]

ALL BOGUS DATA..digging one's OWN GRAVE

[@-doctor_ji]

Allah Hu Akbar 🤲

[@AkashSingh-xx1we]

Pakistan jaa ke karo.

[@YoZen_Azken]

You traitors you keep on creating these kind of doubts in the mind of investors