https://www.taxtmi.com/news?id=12889 India's Balance of Payments position improved notably in 2013-14, driven principally by government and Reserve Bank of India measures and aided by a macroeconomic slowdown that reduced external demand. The document highlights a marked contraction in the current account deficit, occurring largely in the final three quarters of the year, and stresses that sustaining the improved external position will require continued policy vigilance and coordinated macroeconomic management. en-us Wed, 09 Jul 2014 12:44:24 +0530 Wed, 09 Jul 2014 12:44:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=12889 India's Balance of Payments position improved notably in 2013-14, driven principally by government and Reserve Bank of India measures and aided by a macroeconomic slowdown that reduced external demand. The document highlights a marked contraction in the current account deficit, occurring largely in the final three quarters of the year, and stresses that sustaining the improved external position will require continued policy vigilance and coordinated macroeconomic management. News - Wed, 09 Jul 2014 12:44:24 +0530 https://www.taxtmi.com/news?id=12889