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Country foreign exchange reserves minus external debt. In international economics, the balance of payments (also known as balance of international payments and abbreviated BOP or BoP) of a country is the difference between all money flowing into the country in a particular period of time (e.g., a quarter or a year) and the outflow of money to the rest of the world.
The economy of India is a developing mixed economy with a notable public sector in strategic sectors. [5] It is the world's fifth-largest economy by nominal GDP and the third-largest by purchasing power parity (PPP); on a per capita income basis, India ranked 141th by GDP (nominal) and 125th by GDP (PPP). [58]
The Union Budget is the annual financial report of India; an estimate of income and expenditure of the government on a periodical basis. As per Article 112 of the Indian Constitution, it is a compulsory task of the government. [3] The first budget of India was presented on 18 February 1860 by Scotsman James Wilson. [4]
The 2025 Prevention Calendar and Health Planner is more than just a place to track appointments. It’s also an amazing tool that helps you build healthy habits one day at a time and is a ...
The Union Budget of India, also referred to as the Annual Financial Statement in Article 112 of the Constitution of India is the annual budget of the Republic of India set by Ministry of Finance for the following financial year, with the revenues to be gathered by Department of Revenue to identify planned government spending and expected government revenue and the expenditures gathered by ...
This move was seen as prioritising the balance of payment crisis over the welfare of the Indian people and kick-started P.V. Narasimha Rao's economic reform process. [21] In 2024, the RBI has returned its 100 tonnes of gold reserves to India from the UK for the first time since 1991, and by this process, India started holding most of the gold ...
Reserve Bank of India, abbreviated as RBI, is the central bank of India, and regulatory body responsible for regulation of the Indian banking system and Indian currency. Owned by the Ministry of Finance , Government of India , it is responsible for the control, issue, and maintenance of the supply of the Indian rupee.
Colorado. In 2025, Colorado will continue to tax the benefits of Social Security recipients. Of note, though, is the fact that recipients in Colorado who are between the ages of 55 and 64 and have ...