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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   


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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   


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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…

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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…

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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   


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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   


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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   


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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   


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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   


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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…

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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   


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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   


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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…

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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   


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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   


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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   


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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   


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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   


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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   


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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…