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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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Decreased oil exports, because of lower crude prices increasing India's trade deficit, says CRISIL

India's oil exports have been impacted by the fall in crude oil prices, leading to a contraction in…

ANI   


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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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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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4 mins read

Budget size almost unchanged from interim, shows govt's commitment to fiscal prudence: Experts

According to the Union Budget 2024-25 presented by Finance Minister Nirmala Sitharaman, the total e…

PTI   


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Indian exports show resilience amid global challenges in first quarter, says CRISIL report

Despite the positive growth in exports, the trade deficit widened to $21 billion in June from $ 19.…

ANI   


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6 mins read

Budget A-Z, for the GenZ: A fun and handy guide for major terms around upcoming Union Budget

From fiscal deficit to GDP, understand key terms to navigate the financial landscape and make the m…

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Fiscal deficit at Jan-end touches 63.6% of full year target: Govt data

The government's fiscal deficit at Rs 11 lakh crore at January end touched 63.6 per cent of the rev…

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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RBI approves highest-ever dividend payout of Rs 2.11 lakh crore to central government!

The Reserve Bank of India, on Wednesday, approved the highest-ever dividend payout of Rs 2.11 lakh …

PTI   


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Economic Survey 2024: GDP grew by 8.2%, to sustain 7%+ growth momentum, fiscal deficit down to 6.4% of GDP

Gross Fixed Capital Formation, or investments in long-term, value-generating fixed assets increased…

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1 min read

Centre's fiscal deficit at 11.8 pc of full year target: CGA data

The central government's fiscal deficit for the financial year 2023-24 is currently at 11.8% of the…

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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Centre's fiscal deficit at Aug-end touches 36% of full-year target: CGA

The Centre's fiscal deficit in the first five months of 2023-24 touched 36 per cent of the full-yea…

PTI   


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India's fiscal deficit at almost 40% of annual target in first half of FY24

The Indian government's fiscal deficit touched 39.3% of the full year target in the first half of t…

PTI   


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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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FM Nirmala Sithraman keeps tax slabs unchanged

As expected and in relief for the citizens, the central government neither tweaked nor put any addi…

ANI