[ad_1]
India’s widening trade gap and capital outflow are posing new risks for the rupee, just as the currency’s fall to a record low adds to the problem of inflation. “India’s external balance is deteriorating,” economists at Goldman Sachs Group Inc wrote in a note on Thursday. citing a setback in terms of trade from higher commodity prices and weak global growth. “Going forward, the deteriorating external balance is likely to push the trajectory of the rupee weaker against the dollar.”
[ad_2]
Source link
Related posts
-
Income Tax Section 126 as per Income Tax Act 2025(Previously known as U/s 80D) with Automatic Form 16 Part A and B in Excel for the F.Y.2025-26
Income Tax Section 126 of the Income Tax Act, 2025 (formerly Section 80D) offers a valuable... -
Budget 2026 Tax Proposals and Impact with Automatic Form 16 Part A and B in Excel for F.Y. 2025-26
Budget 2026 brings a practical shift in India’s direct tax landscape, with a strong focus on... -
Download Free Excel Tool: Auto-Generate Income Tax Form 16 A&B and Part B Sequentially for FY 2025-26
Employers across India now streamline tax compliance effortlessly. They download this free Excel tool to auto-generate...
