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3 mins read
RBI goes high on gold, adds 102 metric tonnes to its reserves between April-Sep, as total gold demand touches $100 billion
The increased domestic gold holdings have also boosted the precious metal's share in India's total …
2 mins read
Current account deficit in Q3 may widen to 1.2%, improvement likely in March qtr: India Ratings
The current account deficit (CAD) is likely to widen to 1.2 per cent or USD 11 billion of the GDP i…
PTI
2 mins read
India's balance of payments shows improvement in Q1 FY24
One of the standout features of India' 2023-24 was the substantial narrowing of the Current Account…
ANI
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
2 mins read
Rupee may remain under depreciation pressure, says Economic Survey
The country's current account deficit (CAD) widened to 4.4 per cent of the GDP in the quarter ended…
PTI
3 mins read
With food inflation looming large, ‘shallow rate’ cuts expected only in Q3 FY25
The ongoing heatwave conditions, and projections of a harsher summer, are likely to impact India’s …
2 mins read
India's current account deficit widens to 4.4% of GDP in Q2 due to high trade deficit: RBI data
Widening trade gap pushed up the country's current account deficit to USD 36.4 billion or 4.4 per c…
PTI
3 mins read
For every rupee depreciation, software exports increase by $250 mn: SBI Chief Economic Advisor
India's software export revenue and remittances act as a strong counter cyclical buffer against inc…
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
2 mins read
Not out of the woods yet and have miles to go: RBI on inflation
A Reserve Bank Bulletin on Thursday said retail inflation has moderated due to monetary policy acti…
PTI
1 min read
Rupee plunges to 12-month low against dollar
The Indian rupee plunged to a 12-month low of 83.28 against the US dollar on Monday amid rising oil…
1 min read
Consuming refined grains is as bad as a diet with unhealthy sugars, oils says new study
Higher intake of refined grain may increase the risk of premature coronary artery disease (PCAD), f…
1 min read
Gold import duty hiked to 15% from 10.75% earlier
Earlier, the basic customs duty on gold was 7.5 per cent, now it will be 12.5 per cent. Along with …
PTI
2 mins read
India must pitch for Rupee as dollar distancing might be finally happening: SBI Ecowrap
Many countries across the globe has been surreptitiously searching for non traditional payment and …
3 mins read
Rupee at 80: Here’s how a falling Rupee could impact India's current account deficit
The Indian Rupee has breached the psychologically important barrier of 80 against the US Dollar. Ru…
4 mins read
This Asian currency performed much better than Rupee, and it's not Renminbi, Baht or Ringgit
While the sharp volatility in rupee movement has kept the market nervous, Finance Minister Nirmala …
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
1 min read
Piramal Pharma Solutions to invest CAD 25 mn to expand Aurora facility in Canada
New Delhi, Jan 28 () Piramal Pharma Solutions on Tuesday said it will invest CAD 25 million (around…
PTI
2 mins read
CAD narrows to 0.9 pc of GDP in Sept quarter on lower trade deficit: RBI
Mumbai, Dec 31 () India's current account deficit (CAD) narrowed to 0.9 per cent of GDP, or USD 6.3…
PTI
2 mins read
India is hiking import duties on an additional 15 items to keep its current account deficit in check
The measures are part of a larger plan to keep India’s current account deficit, which occur…