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2024

FII flows into debt may lead to a balance of payments surplus of over $50 billion due to JP Morgan Bond index inclusion

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SBI forecasts India's balance of payments to show a surplus of $52 billion this fiscal year, with FII inflows expected to reach $25 billion. Current account deficit projected at 0.9% of GDP in FY25. Factors like government fiscal measures and bond market developments influencing economic outlook.