India's BoP set to turn positive but below expectations amid oil import costs and widening trade deficit: ICICI Bank
· economictimes.indiatimes.com
India's Balance of Payments (BoP) is turning positive, but it is likely to remain lower than earlier expectations as elevated oil prices and an expanding non-oil, non-gold deficit weigh on the external trade position, according to a research report by ICICI Bank Global Markets.
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