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China upset with India's import tariff hike, says it will hurt Indian customers: Report

The enhanced duty rates on imported items including jet fuel and air conditioners, kicked in from September 27.

Oct 01, 2018, 11:56 AM IST

Trade deficit greater concern than rupee, says Niti chief

The sharp surge in imports in July this year had led to worsening of India's trade deficit to 5-year high of USD 18.02 billion.

Aug 21, 2018, 17:51 PM IST

India's CAD is expected to widen to 2.8% of GDP this fiscal: Report

With rising oil prices, depreciating rupee and outflow of portfolio investments, there are concerns that CAD might rise in the current fiscal.

Aug 20, 2018, 11:44 AM IST

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

PM Modi to meet FM, officials to review economic situation today

Increasing government spending, particularly on infrastructure, combined with quickly fixing the problems with GST may feature in tomorrow's deliberations.

Sep 18, 2017, 19:17 PM IST

Q3 GDP data surprising; Indian economy to grow by 7.1% in current fiscal: Fitch

Indian economy will grow by 7.1 percent in current fiscal, 7.7 percent in 2017-18, rating agency Fitch said on Tuesday.

Mar 07, 2017, 10:29 AM IST

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

India expected to post first current account surplus in nine years

India is likely to post its first current account surplus in nine years in the latest quarter, which should bolster the rupee though it is not a good sign for the economy as it reflects weak investment demand at home and subdued exports

Sep 14, 2016, 15:59 PM IST

'GDP growth rate to be lower than CSO's forecast of 7.6% in FY16'

The agency said it expects the growth rate for last quarter of 2015-16 at 7.4 percent, which translates into the 2015-16 GDP growth of 7.5 percent.

May 27, 2016, 20:59 PM IST

CAD remains in check; likely to be less than $25 bn: Barclays

According to experts, a CAD up to 2.5 percent of GDP can be financed with the current level of foreign fund inflows and remittances.

Dec 27, 2015, 15:16 PM IST

Gold imports lose steam, fall 36.5 pc to $3.5 bn in Nov

Gold imports shrank 36.5 percent to USD 3.53 billion in November on the back of falling prices of the yellow metal, something that will keep the country's current account deficit (CAD) in check.

Dec 27, 2015, 11:57 AM IST

CAD to be around 1.5% of GDP this fiscal: RBI

RBI Deputy Governor Urjit Patel on Thursday said the central bank expects Current Account Deficit (CAD) around 1.5 percent of GDP in the current fiscal.

Sep 17, 2015, 16:32 PM IST

Indirect tax collection growth shows economy improving: CEA

The Finance Ministry on Wednesday said a steady 37 percent growth in indirect tax collections in four months to July reflects that underlying momentum in the economy is improving.

Aug 12, 2015, 12:14 PM IST

RBI says 'reasonably comfortable' with current account deficit

The Reserve Bank of India is "reasonably comfortable" with the current account deficit because of lower oil prices, deputy governor H. R. Khan said.

Dec 03, 2014, 15:14 PM IST

FDI inflows to remain buoyant in coming quarters: Moody's

Net FDI inflows into India totalled USD 14.1 billion in the first five months of 2014-15.

Nov 26, 2014, 15:52 PM IST

Fiscal deficit in Apr-Feb at 114.3% of full year target

The deficit, which is the gap between expenditure and revenue, was 97.4 percent during April-February a year ago.

Mar 31, 2014, 19:55 PM IST

Fiscal deficit likely to come down to 4.7% in 2013-14

"Fiscal deficit will be restricted at 4.7 percent, but it will happen by credible means. The realisation from spectrum auction will help better the number," the official said.

Feb 09, 2014, 11:54 AM IST

'Govt must slash spending by Rs 1-tn to meet fiscal target'

The government will have to cut expenditure by up to Rs 1 lakh crore in the remaining part of the fiscal if it is to meet the budgeted fiscal deficit target of 4.8 percent, foreign brokerage Barclays has said.

Jan 09, 2014, 17:39 PM IST

Intensify reforms, cut subsidies for eco recovery: Rangarajan

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

Jan 06, 2014, 22:58 PM IST

Market wishlist: Stable govt, improved CAD, sustained FII inflows

A stable govt at the Centre, improved CAD, sustained FII inflows and better policy decisions are some of the wishes that stock markets hope will come true in 2014.

Jan 01, 2014, 13:14 PM IST