India's Forex Reserves At Historic High Of $651.5 Bn, CAD To Dip: RBI
India, with an expected 15.2 per cent share in world remittances in 2024, continues to be the largest recipient of remittances globally.
Jun 07, 2024, 15:25 PM ISTIndia's CAD Dips To $10.5 Billion In October-December: RBI
The merchandise trade deficit at USD 71.6 billion was marginally higher than USD 71.3 billion during the third quarter of 2022-23.
Mar 26, 2024, 20:20 PM ISTIndia's current account deficit reaches 9-year high: RBI report
The CAD was $18.2 billion, or 2.2% of GDP, in the preceding April-June quarter, while the deficit was $9.7 billion, or 1.3% of GDP, in the same quarter a year earlier.
Dec 29, 2022, 19:46 PM ISTGold imports rise by 22.58% to $34.6 bn in 2020-21
Silver imports during the last fiscal, however, dipped by 71 per cent to about USD 791 million. Imports of the yellow metal stood at USD 28.23 billion (about Rs 2 lakh crore) in 2019-20, the data showed. Despite growth in gold imports, the country's trade deficit narrowed to USD 98.56 billion during 2020-21 as against USD 161.3 billion in 2019-20.
Apr 18, 2021, 12:03 PM ISTGold imports up 4% to $17.63 billion in Apr-Sep 2018-19
Imports of the precious metal stood at USD 16.96 billion in April-September 2017-18 financial year, according to the commerce ministry data.
Oct 19, 2018, 13:46 PM ISTGovt hikes import duty on select communication items to up to 20%
The increased duties would be effective from October 12, the Central Board of Excise and Customs (CBIC) said.
Oct 12, 2018, 09:47 AM ISTGovt may take policy steps to curb gold imports; unlikely to raise duties
The effort is a part of the exercise by the government to check fall in rupee value and control current account deficit (CAD).
Sep 18, 2018, 10:55 AM ISTGlobal factors to be blamed for rupee depreciation: Jaitley
It had closed at a one-week high of 71.84 on Friday.
Sep 18, 2018, 10:54 AM ISTBlame for fuel price shock definitely lies with NDA government. Here's why
When 'international developments' were favourable, the NDA government took credit for something it didn't do. Now that situation is unfavourable, it doesn't want to take the blame.
Sep 10, 2018, 10:40 AM ISTUPA was 'reckless', gave up economic strength of Vajpayee years: Arun Jaitley
Jaitley argued that the UPA government had little to nothing to do with why India saw economic growth during its tenure.
Aug 19, 2018, 20:18 PM ISTCurrent account deficit may treble to $10-12bn in Q4 on higher trade deficit: Report
The CAD had increased to $13.5 billion, or 2 percent of the gross domestic product in the third quarter as well.
Mar 22, 2018, 21:09 PM ISTIndia's current account deficit likely at 1.7% in FY18: Report
According to RBI data, the current account deficit rose to 2% of the GDP at $13.5 billion in the December quarter.
Mar 19, 2018, 16:52 PM ISTIndia Q3 current account deficit widens to $13.5 bn
Current Account Deficit rose at 2.0% of GDP in Q3 FY 2018.
Mar 16, 2018, 18:51 PM ISTIndia's July-September current account deficit more than doubles to $7.2 billion
However, CAD in the second quarter narrowed sharply from USD 15 billion (2.5 percent of GDP) in the preceding quarter, the RBI said today.
Dec 13, 2017, 19:36 PM ISTGovt should relax fiscal deficit targets, boost expenditure: Assocham
In a statement, the chamber said India Inc is looking up to the government to take the 'out of ordinary' measures, citing "concerns over slowdown in growth due to the transient disruptions in the economy following GST implementation and the remaining over-hang of demonetisation".
Oct 01, 2017, 14:39 PM ISTYashwant Sinha, the Economy of India and the Bharatiya Janata Party
And this is not the first time someone is pointing to the imminent crisis — an economic slowdown is not Lord Voldermort’s name that can’t be uttered. It needs to be identified and dealt with.
Sep 28, 2017, 16:55 PM IST'CAD likely at 1.5% of GDP in 2017; funding not a constraint'
Nomura expects current account deficit likely at 1.5 per cent of GDP in 2017 but noted that funding will not be a constraint.
Sep 18, 2017, 11:27 AM ISTCurrent account deficit narrows in 2016-17: RBI
India`s current account deficit (CAD) narrowed during last fiscal due to a contraction in the country`s trade deficit.
Jun 15, 2017, 18:39 PM IST
India's current account deficit to touch $30 billion in 2018
India`s current account deficit is expected to increase by $10 billion to $30 billion in the 2017-18 fiscal due to higher oil and gold imports, credit rating agency ICRA said.
Mar 09, 2017, 15:06 PM ISTIndia's current account deficit narrows to 0.6% of GDP in Sept quarter
The current account deficit (CAD) narrowed by more than a percentage point to 0.6 percent of GDP at USD 3.4 billion in the July-September on account of lower trade deficit.
Dec 13, 2016, 19:13 PM IST