Despite export fall, analysts see CAD under control at 1.7%
The current account deficit is likely to be at 1.7 percent in 2014-15 and will narrow further to less than 1 percent for the next two years, according to a report.
Apr 20, 2015, 21:02 PM IST
CAD to narrow down to 1.2% of GDP in FY15: SBI
India's current account deficit is expected to come down to USD 25 billion, or 1.2 percent of GDP, in the current financial year, says a report.
Mar 12, 2015, 20:03 PM IST
Analysts see FY16 CAD at 0.5-0.6% of GDP
In the quarter ended December 2014, the CAD doubled to USD 8.2 billion, or 1.6 percent of GDP, from USD 4.2 billion, or 0.9 percent of GDP, a year ago.
Mar 12, 2015, 10:41 AM IST
Current account deficit doubles to $8.2 bn in Dec quarter
The current account deficit (CAD) nearly doubled to USD 8.2 billion or 1.6 percent of the GDP in the October-December period, the Reserve Bank data showed Tuesday.
Mar 10, 2015, 19:57 PM IST
Current account deficit doubles to $8.2 bn of GDP in Dec quarter
India's current account deficit (CAD) doubled to USD 8.2 billion or 1.6 percent of gross domestic product (GDP) in the October-December quarter on a year-to-year basis.
Mar 10, 2015, 17:59 PM IST
DBS sees CAD at 1.3% in March quarter
The current account deficit is likely to narrow to 1.3 percent in the March quarter due to lower crude import bill and moderation in gold purchases.
Mar 05, 2015, 17:11 PM IST
Gold deposit scheme can fetch Rs 1 trillion: SBI Research
Describing the proposed gold deposit scheme as "game changer", the SBI's economic research department has said it will help attract at least Rs 1 trillion in deposits on the precious metal.
Mar 01, 2015, 19:49 PM IST
India Inc capex to fall 4% next fiscal: Crisil
A majority of Indian corporates see capital investment picking up next fiscal but their own plans show a decline in investments in FY16, led by the private sector companies, Crisil said today.
Feb 24, 2015, 23:14 PM IST
India to have current account surplus this quarter: HSBC
India's current account is likely to swing to surplus after 32 quarters of deficit in the January-March period, and will halve to 0.6 percent of GDP in the next financial year starting April 1, says HSBC.
Feb 08, 2015, 11:21 AM IST
Gold imports plunge in December
However, gold imports were still higher on a year-on-year basis by 7.4 percent from USD 1.25 billion in December 2013.
Jan 15, 2015, 20:14 PM IST
Govt committed to meet 4.1% fiscal deficit target: CEA
The government is committed to containing fiscal deficit at 4.1 percent of the GDP this fiscal, Chief Economic Advisor Arvind Subramanian said on Friday.
Dec 19, 2014, 19:04 PM IST
CAD at comfortable level, but there are risks: Raghuram Rajan
Reserve Bank Governor Raghuram Rajan on Thursday said the current account deficit (CAD), which has widened to USD 10.1 billion or 2.1 percent of GDP in July- September period, is still at comfortable level although there are risks.
Dec 11, 2014, 18:12 PM IST
Current account deficit rises to $10.1 bn in Q2 as gold imports soar
The current account deficit widened to USD 10.1 billion or 2.1 percent of GDP for the September quarter as against 1.2 percent in the year-ago period due to higher trade deficit, the Reserve Bank said Monday.
Dec 08, 2014, 19:53 PM IST
Current account deficit widens to $10.1 billion in Q2
With exports contracting and trade deficit widening to USD 13.35 billion in October, India's current account deficit (CAD) rose to USD 10.1 billion or 2.1 percent of the GDD in the July-September quarter.
Dec 08, 2014, 18:23 PM IST
Coal deallocations may hike CAD by $700 mn: SBI
The CAD reflects the value by which goods and services imported by a country exceeds the value of goods and services it exports.
Sep 27, 2014, 13:34 PM IST
BofA-ML sees India's current fiscal CAD down at 1.7%
India's current account deficit (CAD) is likely to narrow down to 1.7 percent of GDP this fiscal but may widen to 2.3 percent in FY16, says a report.
Sep 22, 2014, 19:33 PM IST
No immediate plan to cut gold import duty: Nirmala
Following a sudden spurt in gold import in the beginning of 2013, the government had hiked import duty on the precious metal to 10 percent in phases.
Sep 10, 2014, 15:16 PM IST
High fiscal deficit, inflation cap rating upgrade: Moody's
Rating agency Moody's on Wednesday said high fiscal deficit and sticky inflation limit chances of an upward revision in the country's sovereign ratings.
Sep 03, 2014, 15:08 PM IST
Current account deficit narrows sharply to 1.7% in Q1
India's Current Account Deficit narrowed sharply to 1.7 percent of GDP in the April-June quarter of this fiscal mainly on account of reduction in trade deficit, and a steep decline in gold imports.
Sep 01, 2014, 18:39 PM IST
FY15 trade deficit likely at $142 bn; CAD at $39.3 bn: Citi
India's trade deficit for this fiscal year is likely to be around USD 142 billion, and the current account deficit for this period is expected to be contained at USD 39.3 billion or 1.9 percent of the GDP, a Citigroup research report says.
Aug 18, 2014, 18:01 PM IST
