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Posted on June 27, 2025

India posts first current account surplus in four quarters, central bank says

India's current account posted a surplus for the first time in four quarters in the January-March period, helped by higher services exports, the central bank said on Friday.

Posted on June 27, 2025

India records current account surplus in Q4, FY25 deficit narrows to 0.6%

India’s current account surplus had inched up to 1.3 percent of the GDP, compared with 1.1 percent deficit in the previous quarter ...

Posted on June 27, 2025

India records $13.5 bn current account surplus in Q4 FY25: RBI

India's current account deficit decreases in 2024-25, with higher net invisibles receipts and rising services exports.

Posted on June 27, 2025

Things just keep getting more difficult in China for Elon Musk’s Tesla

Tesla faces new challenges in China as Xiaomi's new YU7 electric SUV intensifies competition for Elon Musk's automaker.

Posted on June 27, 2025

Treasury secretary reveals ‘peace deals’ with China as rare earth supplies set to flow

President Trump's trade talks with China has led to "de-escalation," according to Secretary Bessent who shared new details about the tariff negotiations.

Posted on June 27, 2025

S&P 500, Nasdaq eye records, China trade deal near, Nike stock soars: Live Updates

The S&P 500 and Nasdaq are close to notching fresh records as investors dial back worries over the tariffs and the trade war as well as the Iran-Israel conflict. In stock news, Nike shares jump on ...

Posted on June 27, 2025

Sri Lanka’s Colombo Dockyard control to India’s Mazagon Dock for US$52.9mn

India's Mazagaon Dock Shipbuilders Limited has decided to buy a 51 percent controlling stake in Sri Lanka's Colombo Dockyard for 52.96 million US dollars, a media report said.

Posted on June 27, 2025

Enabling Sri Lanka’s digital economy: Sri Lanka FinTech Summit 2025 set to kickoff in September

Tecxa Ltd., in collaboration with the Ministry of Digital Economy, the Ministry of Finance, Planning and Economic Development, Hatton National Bank PLC (HNB) and the FinTech Forum of Sri Lanka, have ...

Posted on June 27, 2025

The best that never was: Sri Lanka-Japan Free Trade Agreement

A need for a Free Trade Agreement (FTA) with Japan was proposed by the Sri Lankan exporters around 2010. At that time, Sri Lanka’s Department of Commerce, the main government agency responsible for ...

Posted on June 27, 2025

Crypto’s Worst Six Months Yet? North Korea Hacks Lead to $2.1B in Thefts

North Korea-linked attacks have resulted in over $1.6 billion in losses, a TRM Labs report released Friday said.

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