Crude surge pressures India’s FY25 CAD target, UBI says every...

Dununu.com Dununu

Sponsorizzato

Crude surge pressures India’s FY25 CAD target, UBI says every $10 rise in oil may widen deficit by $15 billion, FY26 gap seen at 1.2% of GDP

RSS Feed Business

Posted

45

Union Bank of India (UBI) projects India's current account deficit (CAD) may face pressure in FY25 due to rising global crude prices. A $10 increase per barrel could worsen the CAD by $15 billion annually. While maintaining a 0.9% of GDP forecast for FY25, UBI cautions that geopolitical tensions and commodity prices, especially oil, pose risks.

Read Full Article

Effettua l'accesso per mettere mi piace, condividere e commentare!

Periyar University results 2025 for OLP February UG and PG exams announced at periyaruniversity.ac.in; check direct link here

By 0 5

Crowdfunding hate: Shiloh Hendrix raises $750K after racist slur; donors post Nazi symbols

Shiloh Hendrix, a white woman who used a racial slur against a child, received over $750,000 in...

By 0 7

Kuberaa crosses Rs 1.8 crore mark for its North America premiere

Dhanush's Kuberaa is creating buzz in North America. Advance bookings are strong, reaching...

By 0 9

'May he be blessed with long life': PM Modi extends birthday wishes to Rahul Gandhi; Stalin says 'brother-in-ideals'

By 0 16

Karnataka gov assures security for Thug Life release

The Karnataka government has assured the Supreme Court that it will maintain law and order for...

By 0 20