Good news, good news
Our current account (difference between imports and exports) is at a surplus
India recorded a current account surplus of 5.7$ in the quarter ending In March of 2024
Bad news
Our exports Of Gem and jwellery export last month
Out of syllabus😭
Current account deficit majorly occurs due to excessive demand of domestic products in our country and surplus in imports.
So probably the vice versa took place!
Less imports!
📢 India's Trade Performance: Feb 2025 vs Feb 2024 🇮🇳📊 While total trade down by $4.5 billion but India achieved trade Surplus of $4.43 Billion 💵 which is huge 👏
🔹 Merchandise Trade
📉 Exports: $36.91B (-10.9% YoY from 2024)
📉 Imports: $50.96
It’s crazy how Modi Govt earned a massive Rs 44k crore from Reliance and Nayara’s oil exports to Europe in the last 30 months! 🙏🙏
And this is how it played out.
..
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Ansh Kadam
Founder & CEO at Bui... • 2d
Here’s why Flipkart actually needs Amazon to survive and vice versa
Duopolies are not just a coincidence; they’re a kind of market law.
Think about it:
Coke and Pepsi.
Swiggy and Zomato.
Amazon and Flipkart.
Why are there always two players domin