Current Account Deficit

Govt should relax fiscal deficit targets, boost expenditure: Assocham

In a statement, the chamber said India Inc is looking up to the government to take the 'out of ordinary' measures, citing "concerns over slowdown in growth due to the transient disruptions in the economy following GST implementation and the remaining over-hang of demonetisation".

Oct 01, 2017, 14:39 PM IST

Yashwant Sinha, the Economy of India and the Bharatiya Janata Party

 And this is not the first time someone is pointing to the imminent crisis — an economic slowdown is not Lord Voldermort’s name that can’t be uttered. It needs to be identified and dealt with. 

Sep 28, 2017, 16:55 PM IST
'CAD likely at 1.5% of GDP in 2017; funding not a constraint'

'CAD likely at 1.5% of GDP in 2017; funding not a constraint'

Nomura expects current account deficit likely at 1.5 per cent of GDP in 2017 but noted that funding will not be a constraint.

Sep 18, 2017, 11:27 AM IST
Current account deficit narrows in 2016-17: RBI

Current account deficit narrows in 2016-17: RBI

India`s current account deficit (CAD) narrowed during last fiscal due to a contraction in the country`s trade deficit.

 

Jun 15, 2017, 18:39 PM IST
India's current account deficit to touch $30 billion in 2018

India's current account deficit to touch $30 billion in 2018

India`s current account deficit is expected to increase by $10 billion to $30 billion in the 2017-18 fiscal due to higher oil and gold imports, credit rating agency ICRA said.

Mar 09, 2017, 15:06 PM IST
India's current account deficit narrows to 0.6% of GDP in Sept quarter

India's current account deficit narrows to 0.6% of GDP in Sept quarter

The current account deficit (CAD) narrowed by more than a percentage point to 0.6 percent of GDP at USD 3.4 billion in the July-September on account of lower trade deficit.

Dec 13, 2016, 19:13 PM IST
India's current account deficit to stay at $10.1 billion in FY17: Citigroup

India's current account deficit to stay at $10.1 billion in FY17: Citigroup

India's current account deficit is expected to stay comfortable at USD 10.1 billion in this financial year, largely on account of likely demand moderation post the demonetisation move, says a Citigroup report.

Nov 17, 2016, 16:36 PM IST
Gold import dips 55% to $7.88 billion in H1 of 2016-17

Gold import dips 55% to $7.88 billion in H1 of 2016-17

Gold imports dipped by about 55 percent to USD 7.88 billion during the first half of 2016-17, which is expected to keep a lid on the current account deficit.

Nov 04, 2016, 21:23 PM IST
India's current account deficit likely to stay below 1% of GDP this year: DBS

India's current account deficit likely to stay below 1% of GDP this year: DBS

India's current account deficit is likely to stay below 1 percent of GDP this year, largely due to a sharp fall in the trade deficit as against last year, says a DBS research report.

Oct 17, 2016, 15:28 PM IST
FPIs remain bullish on markets; pour in Rs 9,500-crore in September

FPIs remain bullish on markets; pour in Rs 9,500-crore in September

Foreign investors have pumped Rs 9,500 crore (USD 1.4 billion) into the country's capital markets so far this month, driven by sound progress on rollout of GST and contraction in current account deficit (CAD).

Sep 25, 2016, 14:33 PM IST

India's savings rate in need of a boost: DBS

Domestic savings are required to fund investment, which otherwise must be financed with foreign capital.

Sep 02, 2016, 15:33 PM IST