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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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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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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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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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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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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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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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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…

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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…

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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…

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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…

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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…

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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…

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7 mins read

Energy Performance: Is India Losing Out On Power Play?

India ranks 69th among 124 countries in the recently released Global Energy Architecture Performanc…

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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   


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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   


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India needs to avoid financialization as it marches towards Viksit Bharat goal, says Nageswaran

Financialization is the dominance of financial market expectations trends, and importantly, interes…

PTI