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India's CAD expected to come down to $32 billion: Chidambaram

Last Updated: Saturday, April 26, 2014, 13:36

Chidambaram said that fiscal deficit target of 4.6 percent as per revised estimate for FY14 has been achieved.

FY15 trade deficit likely at $153 bn; CAD at $46.7 bn: Citigroup

Last Updated: Sunday, April 13, 2014, 12:10

The current account deficit (CAD) is the difference between outflow and inflow of foreign exchange.

'Current account deficit to be less than $40 billion'

Last Updated: Friday, March 07, 2014, 18:34

The CAD narrowed to USD 26.9 billion in the first half (April-September) of 2013-14.

Intensify reforms, cut subsidies for eco recovery: Rangarajan

Last Updated: Monday, January 06, 2014, 22:58

He said that if this growth rate was achieved "then India will also transit from being a low income to a middle income country".

India's current account vulnerability falls, but risks remain

Last Updated: Wednesday, December 04, 2013, 12:13

Measures to curb demand for imported gold have contributed to a sharp narrowing of India's current account deficit, global consultancy firm Capital Economics said.

IMF, WB unduly pessimistic; growth to exceed 5%: Rangarajan

Last Updated: Thursday, October 24, 2013, 13:24

Earlier this month, the World Bank slashed India's economic growth forecast for the current financial year to 4.7 percent from an earlier projection of 6.1 percent.

CAD will reduce below $70 billion: Rangarajan

Last Updated: Monday, October 21, 2013, 22:44

If the present trend in exports and imports continue, the overall CAD will reduce even lower than USD 70 billion.

Current Account Deficit to fall below 3.8% this fiscal: Montek

Last Updated: Sunday, October 20, 2013, 12:21

Current Account Deficit is likely to be lower than the projection of 3.8 percent of the GDP and India will be in a better position to neutralise the impact of the tapering of monetary stimulus by the US Fed, Planning Commission Deputy Chairman Montek Singh Ahluwalia has said.

Govt stresses need on voluntary tax compliance

Last Updated: Friday, September 27, 2013, 16:34

Seelam said the current account deficit (CAD) would be contained at 4.8 percent of GDP.

India analysing global market to boost exports

Last Updated: Thursday, September 19, 2013, 21:11

The move is aimed at boosting the country's exports and containing the ballooning current account deficit (CAD).

Finance ministry plans 3-pronged fight on CAD

Last Updated: Saturday, September 07, 2013, 09:14

The finance ministry is planning a three-pronged strategy to rein in the runaway current account deficit or CAD in the long term, and prevent it from overshooting the budgeted range.

'Govt ignored warnings on ballooning trade deficit in 2011-12'

Last Updated: Thursday, September 05, 2013, 18:46

Industry body Assocham Thursday said the government ignored warnings thrown up by worsening economic indicators, particularly trade deficit, which rose by a staggering 49 percent during 2011-12, leading to the present crisis of unsustainable current account deficit.