Current Account Deficit

Current account deficit may treble to $10-12bn in Q4 on higher trade deficit: Report

Current account deficit may treble to $10-12bn in Q4 on higher trade deficit: Report

The CAD had increased to $13.5 billion, or 2 percent of the gross domestic product in the third quarter as well.

Mar 22, 2018, 21:09 PM IST
India's current account deficit likely at 1.7% in FY18: Report

India's current account deficit likely at 1.7% in FY18: Report

According to RBI data, the current account deficit rose to 2% of the GDP at $13.5 billion in the December quarter.

Mar 19, 2018, 16:52 PM IST
India Q3 current account deficit widens to $13.5 bn

India Q3 current account deficit widens to $13.5 bn

Current Account Deficit rose at 2.0% of GDP in Q3 FY 2018.

Mar 16, 2018, 18:51 PM IST
India's July-September current account deficit more than doubles to $7.2 billion

India's July-September current account deficit more than doubles to $7.2 billion

However, CAD in the second quarter narrowed sharply from USD 15 billion (2.5 percent of GDP) in the preceding quarter, the RBI said today.

Dec 13, 2017, 19:36 PM IST

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
CAD narrows sharply to $0.3 billion in Q4 on lower trade deficit

CAD narrows sharply to $0.3 billion in Q4 on lower trade deficit

The Reserve Bank of India data on Thursday showed that the current account deficit also shrunk to 1.1 percent of the GDP in FY2015-16 from 1.8 percent in the previous fiscal.

Jun 16, 2016, 17:44 PM IST
17 out of 30 sectors in negative zone in March in terms of exports

17 out of 30 sectors in negative zone in March in terms of exports

Exports of over half of the 30 sectors closely monitored by the Commerce Ministry were in the negative zone in March due to a fall in global commodity prices amid tepid demand.

May 01, 2016, 17:50 PM IST

CAD to widen to $25 billion in FY17 on surge in gold imports, sluggish exports: Report

What may cause concerns for the Indian economy, country's current account deficit (CAD) is likley to widen to USD 25 billion this year from USD 20 billion in 2015-16 due to slowness in exports and sudden surge in gold imports, as per a report released on Friday.

Apr 28, 2016, 21:27 PM IST
Govt modifies Gold Monetisation Scheme; allows investors to redeem deposits in gold

Govt modifies Gold Monetisation Scheme; allows investors to redeem deposits in gold

To make the Gold Monetisation Scheme more attractive, the government has allowed investors to redeem the deposits in gold also.

Apr 03, 2016, 09:35 AM IST
CAD to shrink further in March quarter: HSBC

CAD to shrink further in March quarter: HSBC

The current account deficit narrowed in the October-December quarter of 2015 and is likely to shrink further in the March quarter of this year.

Mar 23, 2016, 11:30 AM IST