Capital Account

Year 2022 turned out to be a rocky one for most economies. While many countries managed to put the worst of Covid-19 behind them, they entered another challenging space, characterised by unmanageably high rates of inflation, unruly monetary…

India's second-quarter current account deficit (CAD), or the excess of imports over exports, rose to its highest since the so-called taper tantrum of 2013 at 4.4% of gross domestic product (GDP), but the central bank and financial experts…