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current account deficit
Govt can take more steps, if needed, to curb gold imports: FM Govt can take more steps, if needed, to curb gold imports: FM Worried over widening current account deficit (CAD), the government Monday indicated that it could take more steps to check gold imports.
CII says S&P retains ‘negative’ outlook on India CII says S&P retains ‘negative’ outlook on India The negative outlook affirmation by S&P for India’s BBB- status is unfortunate, Chandrajit Banerjee, Director General of the Confederation of Indian Industry (CII), has said.
Needs to boost manufacturing to bridge CAD, trade gap: DIPP Needs to boost manufacturing to bridge CAD, trade gap: DIPP The country needs to boost its manufacturing sector to bridge the ballooning current account deficit (CAD) and trade imbalance, a top government official said on Thursday.
Gold demand may come down with decline in inflation: Rangarajan Gold demand may come down with decline in inflation: Rangarajan Gold demand is likely to fall as easing of general inflation rate will make investment in financial products more attractive than the yellow metal, PMEAC Chairman C Rangarajan said on Wednesday.
Gold imports likely to exceed last year's level to 900 tonnes: WGC Gold imports likely to exceed last year's level to 900 tonnes: WGC India's gold imports are likely to exceed last year's level to around 900 tonnes in the current calendar year on higher demand despite government curbs on its shipments to rein in current account deficit, a top official of World Gold Council said on Monday.
Govt aims to bring down CAD to 2.5% by 12th Plan-end: Montek Govt aims to bring down CAD to 2.5% by 12th Plan-end: Montek The government aims to bring down current account deficit (CAD) to about 2.5 percent of the GDP by March 2017, Planning Commission Deputy Chairman Montek Singh Ahluwalia said Sunday.
Rajan not in favour of sovereign bond to finance CAD Rajan not in favour of sovereign bond to finance CAD CAD had touched a record high of 6.7 percent in the December quarter of last fiscal year. The CAD in 2012-13 fiscal is likely to be around 5 percent of the GDP.
India need consistency in FDI policy to bridge CAD gap: S&P India need consistency in FDI policy to bridge CAD gap: S&P Global rating agency Standard and Poor's Saturday said India needs a consistent FDI policy for various sectors including retail to finance current account deficit (CAD).
CAD biggest risk to Indian economy: RBI CAD biggest risk to Indian economy: RBI Describing high Current Account Deficit (CAD) as the biggest risk to Indian economy, the RBI on Friday said any further deterioration of CAD could result in its policy reversal stance.
Current account deficit to be around 5% in FY13: RBI Current account deficit to be around 5% in FY13: RBI India's Current Account Deficit (CAD) for 2012-13 is likely to be around 5 percent of the Gross Domestic Product (GDP), Reserve Bank of India said Thursday.
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