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2 mins read
Current Account Deficit narrows to 2.2% of GDP in Q3: RBI data
India's current account deficit, a key indicator of the country's external sector, declined to USD …
PTI
1 min read
India stands to gain as crude oil prices fall to 4-month low
With crude oil prices falling to a 4-month low in the international market, the Indian economy is e…
1 min read
CAD Dips To 1.7% In Q1 As Trade Deficit Declines
CAD narrowed $7.8 billion (1.7% of GDP) from $21.8 billion (4.8% of GDP) in the year-ago period. Th…
2 mins read
The rupee's slump is driving inbound remittances to record highs — which, in turn, will help keep India's current account deficit in check
Amidst all the hue and cry, it might be easy to overlook that the rupee’s slump has also had a p…
3 mins read
Here's how Trump's decision to pull out of the Iran nuclear deal may affect India
In doing so, the President, a self-described expert on deals, made good on a long-standing threa…
4 mins read
The Indian rupee is at its weakest since January 2017, and will probably keep falling
A higher current account deficit means that the government has to try and plug the g…
1 min read
RBI removes withdrawal limit for current accounts; banks can impose restrictions on ATM withdrawals
However, the withdrawal limit from savings accounts will continue, which can be removed soon.
2 mins read
World’s largest diamond industry faces unemployment issue post import duty hike in India
The unemployment challenge comes in with a weak demand for diamonds in the global market due t…
2 mins read
Jio’s fundraising spree and fall in imports help India clock the first current account surplus in 17 years
The CAD, the gap between the country's overall foreign receipts and payments, is an important fa…
PTI
2 mins read
Millennials don't wish to leave parents' home, report finds why they don't feel 'grown up' until 27
One in seven (14 per cent) said they felt grown up when they got married and one in eight (12 …
1 min read
Greece Just Posted Its First Current Account Surplus In History
Most countries, when they need to adjust economically, see a drop in their currencies, making their…
3 mins read
Goldman Sachs sees India current account deficit falling to 1% of GDP this fiscal
Stating that the country's external balances are stronger than expected on the back of strong inflo…
PTI
1 min read
IDBI is doing all it can to help people buy houses and build startups
"We will be launching e-huts across the country. It's a concept that is widely accepted in the West…
1 min read
Russia's economy dealt a crushing blow as its current-account surplus collapses by 93%
Russia's current-account surplus tanked 93% to $5.4 billion last quarter from the year-earlier peri…
Zahra Tayeb
1 min read
Japan's Current Account Deficit Hit Its Widest Level Ever In December
Japan has been saddled with a growing trade imbalance stoked by its heavy dependence on importing p…
Agence France Presse
1 min read
Gold Imports Send India's Current Account Deficit To A Record High
Some analysts argue that the contribution of gold and oil imports to current account deficit is o…
Mamta Badkar
1 min read
India's current account deficit narrows to $1.4 bln in December quarter
The CAD is a critical indicator of the macroeconomic health and represents the gap between the over…
PTI
2 mins read
Current account deficit narrows sharply to USD 1.4 bn in December quarter
The CAD, a critical indicator of the macroeconomic health, represents the gap between the overall …