Govt should focus on keeping its current account under control: Uday Kotak

Quick Summary:

India currently runs a current account deficit of 1.

The foreign portfolio investment (FPI) flows at market value today would be $800 billion.

Govt should focus on keeping its current account under control: Uday KotakIndia currently runs a current account deficit of 1.

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Category: BusinessFinance

Markets: IndiaChinaUnited States

Topics: Stock market trends India Indian market valuations Manthan Summit US interest rates Foreign capital outflows Economic strategy India Kotak Mahindra Bank FDI India Capital markets Uday Kotak US dollar impact Trade deficit India India current account deficit Foreign portfolio investment India foreign reserves SIP investments FPI India Indian investor trends

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-27 @ 14:06:54 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 647 words

Reading Time: 4 minutes read

Sentences: 21 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 26472744

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About Business Standard

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 214 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

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Publisher ID: #49

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