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Showing posts with label current account deficit. Show all posts
Showing posts with label current account deficit. Show all posts

Gold imports rise 65% in June to $3.12 bn

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After past its best for seven months in a row, bullion imports grew by 65.13 per cent to $3.12 billion in June. Import of gold bar...

FY'14 CAD narrows to 1.7% of GDP at $32.4 bn

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Mumbai: Helped by a sharp restraint in imports, particularly of bullion, India's current account deficit (CAD) sharply pointed ...

Insurance Bill: It's time to act now

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  The ambitious bilateral Free Trade Agreement (FTA) between India and European Union (EU) is stalled. The reason is the failure of the I...

RBI pegs CAD at $56 bn, says no reason for rupee decline

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Mumb ai: Seeking to reassure investors, RBI Governor Raghuram Rajan Wednesday said there is no fundamental reason for rupee to fall again...

CAD will reduce below $70 billion: Rangarajan

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Stating that there has been improvement in the trade account, Chairman of the Economic Advisory Council to Prime Minister C Rangarajan o...

Finance oil imports via ECBs, Chidambaram tells Moily PTI

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Finance Minister P Chidambaram has dubbed Oil Minister M Veerappa Moily's claim of cutting 3 per cent in oil import bill through fuel ...

CAD widens to 4.9 per cent of GDP in Q1 on high gold, oil imports PTI

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High imports of gold and oil pushed current account deficit (CAD) to 4.9 per cent of gross domestic product (GDP) to $21.8 billion in t...