India CAD | Zee News

Advertisement

India CAD News

29 Dec 2022

India's current account deficit reaches 9-year high: RBI report

India's CAD widens in July-September: RBI report. The reason attributes to high commodity prices and weak rupee. It reaches 9-year high.

30 Sep 2022

India's current account deficit widens by 2.8% of GDP in April-June: RBI

India's current account deficit widens to $23.9 billion by 2.8% in April-June period. The RBI on Thursday released the preliminary data on India`s balance of payments (BoP) for Q1. Services exports grew y-o-y by 35.4%, led by broad-based growth in computer, business, etc.

India import duty hike

01 Oct 2018

China upset with India's import tariff hike, says it will hurt Indian customer

The enhanced duty rates on imported items including jet fuel and air conditioners, kicked in from September 27.

India trade deficit

21 Aug 2018

Trade deficit greater concern than rupee, says Niti chief

The sharp surge in imports in July this year had led to worsening of India's trade deficit to 5-year high of USD 18.02 billion.

India's current account deficit

20 Aug 2018

India's CAD is expected to widen to 2.8% of GDP this fiscal: Report

With rising oil prices, depreciating rupee and outflow of portfolio investments, there are concerns that CAD might rise in the current fiscal.

Current Account Deficit

16 Mar 2018

India Q3 current account deficit widens to $13.5 bn

Current Account Deficit rose at 2.0% of GDP in Q3 FY 2018.

PM Modi Arun Jaitley meeting

19 Sep 2017

PM Modi to meet FM, officials to review economic situation today

Increasing government spending, particularly on infrastructure, combined with quickly fixing the problems with GST may feature in tomorrow's deliberations.

07 Mar 2017

Q3 GDP data surprising; Indian economy to grow by 7.1% in current fiscal: Fitch

Indian economy will grow by 7.1 percent in current fiscal, 7.7 percent in 2017-18, rating agency Fitch said on Tuesday.

17 Oct 2016

India's current account deficit likely to stay below 1% of GDP this year: DBS

India's current account deficit is likely to stay below 1 percent of GDP this year, largely due to a sharp fall in the trade deficit as against last year, says a DBS research report.

14 Sep 2016

India expected to post first current account surplus in nine years

India is likely to post its first current account surplus in nine years in the latest quarter, which should bolster the rupee though it is not a good sign for the economy as it reflects weak investment demand at home and subdued exports

28 May 2016

'GDP growth rate to be lower than CSO's forecast of 7.6% in FY16'

The agency said it expects the growth rate for last quarter of 2015-16 at 7.4 percent, which translates into the 2015-16 GDP growth of 7.5 percent.

27 Dec 2015

CAD remains in check; likely to be less than $25 bn: Barclays

According to experts, a CAD up to 2.5 percent of GDP can be financed with the current level of foreign fund inflows and remittances.

27 Dec 2015

Gold imports lose steam, fall 36.5 pc to $3.5 bn in Nov

Gold imports shrank 36.5 percent to USD 3.53 billion in November on the back of falling prices of the yellow metal, something that will keep the country's current account deficit (CAD) in check.

RBI deputy governor

17 Sep 2015

CAD to be around 1.5% of GDP this fiscal: RBI

RBI Deputy Governor Urjit Patel on Thursday said the central bank expects Current Account Deficit (CAD) around 1.5 percent of GDP in the current fiscal.

Finance Ministry

12 Aug 2015

Indirect tax collection growth shows economy improving: CEA

The Finance Ministry on Wednesday said a steady 37 percent growth in indirect tax collections in four months to July reflects that underlying momentum in the economy is improving.

03 Dec 2014

RBI says 'reasonably comfortable' with current account deficit

The Reserve Bank of India is "reasonably comfortable" with the current account deficit because of lower oil prices, deputy governor H. R. Khan said.

26 Nov 2014

FDI inflows to remain buoyant in coming quarters: Moody's

Net FDI inflows into India totalled USD 14.1 billion in the first five months of 2014-15.

Loading...

NEWS ON ONE CLICK