Diabytes
Current account surplus News
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Jaitley argued that the UPA government had little to nothing to do with why India saw economic growth during its tenure.
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Japan on Wednesday logged a more than 20-fold surge in its current account surplus in March thanks to an improving trade picture and buoyant returns on the country`s investments abroad.
India's current account is likely to swing to surplus after 32 quarters of deficit in the January-March period, and will halve to 0.6 percent of GDP in the next financial year starting April 1, says HSBC.
Japan posted a current account surplus for the fifth consecutive month in November as a weaker yen helped boost repatriated returns on foreign investment, official data showed Tuesday.
The eurozone`s current account surplus grew to 21.5 billion euros ($29.3 billion) in April, European Central Bank data showed Friday.
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