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For the first time, local radio station WRUU-FM and the “Take it Off” fashion podcast are teaming up to host the “Southern Speakeasy Fashion Show”. ....
India s current account deficit narrowed to $9.2 billion in the June quarter, compared to $17.9 billion in the same period last year, due to lower global crude and commodity prices. The deficit was 0.1% of GDP, down from 2.1% in the previous year, but higher than the $1.3 billion in the preceding quarter. The capital account comfortably financed the deficit, resulting in a balance of payments surplus. However, the deficit is expected to widen in the September quarter due to higher trade deficits and rising crude oil prices. ....
The current account deficit (CAD), which represents the difference between the total amount of money sent abroad and money received from overseas across the economy, stood at USD 17.9 billion or 2.1 per cent of GDP in the year-ago period. ....