India records 0.6% current account surplus in March quarter on higher service exports, remittances
India recorded a current account surplus of $5.7 billion or 0.6% of GDP in the March quarter, the Reserve Bank of India said on June 24. In the year-ago period, the current account deficit stood at $1.3 billion or 0.2% of GDP, and the same was $8.7 billion or 1% of GDP in the preceding…