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2 mins read
Gold imports dip 4.23% to $12.64 billion in Apr-July 2024
In April, the imports jumped to $ 3.11 billion from one billion in April 2023. According to a jewel…
PTI
3 mins read
India's trade deficit expected to decline further: Economic Survey
The Survey said that though ongoing geopolitical headwinds impacted India's merchandise exports, lo…
PTI
2 mins read
HDFC bank sees muted quarterly business; share drops 4.15% during trade today
Anticipating that HDFC Bank's foreign inclusion factor to increase from 50% to 100% in the MSCI Ind…
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…
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
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
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
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
Russia's economy takes a hit as its current-account surplus crashes 85% compared to last year
As war in Ukraine drags on, more signals are flashing that all is not well in Russia's economy desp…
Phil Rosen
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…
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
1 min read
Russian oil and gas revenues help current-account surplus more than triple to $167 billion
From January to July, the surplus ballooned to $167 billion, compared to $50 billion for the same p…
Brian Evans
4 mins read
RBI records its largest-ever current account surplus — but that’s not necessarily a good thing
More money in the bank is usually regarded as a positive sign to look forward to, but for the Reser…
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
Soaring energy prices help Russia push its current account surplus to a record $70.1 billion in the second quarter despite sanctions
Central bank data showed that Russia notched a record current account surplus of $70.1 billion in t…
Phil Rosen
1 min read
Soaring oil and gas prices help Russia more than triple its current account surplus to $96 billion, its largest in 28 years
Russia's central bank data showed that the warring nation has tripled its current account balance i…
Phil Rosen
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 …
PTI
3 mins read
Coronavirus impact: Barclays pegs USD 20 bn current account surplus in FY21
"Our current account tracker points to a small current account deficit of USD 3 billion in Q1, fol…
PTI
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…