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india's 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.
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.
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.
India's CAD to come down to 2.5% of GDP in 2-3 years: Montek India's CAD to come down to 2.5% of GDP in 2-3 years: Montek Prime Minister's Economic Advisory Council (PMEAC) has projected India's CAD at around 5 percent of GDP for 2012-13.
Should aim at below 5% CAD in 2013-14: Rajan Should aim at below 5% CAD in 2013-14: Rajan Chief Economic Advisor Raghuram Rajan Tuesday said the country should aim at bringing down the current account deficit (CAD) to below 5 percent in the current fiscal aided by softening in global commodity prices.
Gold imports down 12% in Apr-Feb 2012-13 Gold imports down 12% in Apr-Feb 2012-13 Gold imports declined 11.8 percent to USD 50 billion (around Rs 2.7 lakh crore) in the April-February period of 2012-13 due to measures taken to curb the demand of the precious metal, government said on Friday.
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