Discover and read the best of Twitter Threads about #importcover

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Amidst hype&hoopla,big news is,#Reliance,48 hours back,with market capitalization of $189 billion,overtook #Exxon,with market cap of $185.58bn

Reliance added $29bn in just last 14 trading sessions

With market cap of $1.7 trillion, #SaudiAramco is world's most valuable company
Clearly,#Oil will be biggest catalyst in the global economy this year&the next

India is slated to have Current Account Surplus(CAS)of 0.4% of GDP in 2020-21

This will be 1st time in 16 yrs that India will have a surplus-last time we had CAS,was under #Vajpayee

Under inept @INCIndia,our Current Account Deficit(CAD)hit a precarious 4.9% in 2013

In FY18 #CAD was 1.8%

BIG achievement of @narendramodi has been,a strong India in terms of #External finances

Today,we have #ImportCover of 15 months,Vs 6-8 months under UPA
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