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Current Account Deficit

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Breathing space for govt as  CAD shrinks to 0.2% of GDP in Q4 of FY15

Jun 10, 2015

Breathing space for govt as CAD shrinks to 0.2% of GDP in Q4 of FY15

For the full fiscal (financial year 2014-15), the current account deficit shrank to $27.5 billion, or 1.3 percent of GDP, from $32.4 billion, or 1.7 percent of GDP, a year ago, RBI said. #Economy #GDP #RBI #NewsTracker #Current Account Deficit #CAD #Care Ratings
Did India not adhere enough importance to FDI than it should have?

May 10, 2015

Did India not adhere enough importance to FDI than it should have?

The only choice therefore before the Modi government is to pull all stops and welcome FDI. #Sensex #Defence #Narendra Modi #Rupee #InMyOpinion #Wal-Mart #Current Account Deficit #FII #ECB #Make In India
Current account deficit doubles to $8.2 bn in Oct-Dec quarter

Mar 10, 2015

Current account deficit doubles to $8.2 bn in Oct-Dec quarter

The current account deficit had reached $4.2 billion, or 0.9 percent of GDP a year earlier, the RBI said. #Economy #RBI #NewsTracker #Gross Domestic Product #Current Account Deficit #Trade Deficit
Modi govt's move towards better fiscal management key for rating upgrade: S&P

Jan 23, 2015

Modi govt's move towards better fiscal management key for rating upgrade: S&P

Takahira Ogawa, a director sovereign ratings at S&P, also said the current government is mindful of the quality of fiscal consolidation. #S&P #Narendra Modi #oil #Current Account Deficit #fiscal management
Low CAD, reforms brighten up prospects of Indian economy: Arvind Subramanian

Jan 14, 2015

Low CAD, reforms brighten up prospects of Indian economy: Arvind Subramanian

Pointing out that the cash balances of state-owned enterprises look "exciting", Subramanian suggested they invest more, adding that the PSUs could make a "real contribution to kickstart the economic growth". #Economy #India #China #World Bank #TheySaidIt #Current Account Deficit #Arvind Subramanian #Anant Geete
Falling crude price eases pressure on CAD, helping revival of economy: Jaitley

Jan 13, 2015

Falling crude price eases pressure on CAD, helping revival of economy: Jaitley

In a pre-Budget interaction with economists in New Delhi, he said with a sharp decline in international oil prices and due to focused attention from the government, the current account deficit is also within the comfort level. #Economy #Disinvestment #TheySaidIt #Arun Jaitley #NPA #Current Account Deficit #budget 2015
Jaitley hints curbs on gold import could go after fiscal situation improves

Jul 11, 2014

Jaitley hints curbs on gold import could go after fiscal situation improves

As a result of combined efforts, imports of gold has been declining. They fell by 72 percent to $2.19 billion in May due to restrictions imposed by the government. #Gold #fiscal deficit #Arun Jaitley #Excise #Current Account Deficit #imports #Duty #CAD
Budget 2014 Ramesh Damani says markets will rally until elections

Feb 17, 2014

Budget 2014 Ramesh Damani says markets will rally until elections

P Chidambaram's interim budget lived up to predictions that it would be a non-event for markets, with the BSE's Ramesh Damani saying the numbers are nothing to scare the market, especially since there were no new populist schemes announced. #GDP #Emerging markets #P. Chidambaram #Rupee #fiscal deficit #markets #Current Account Deficit #2014 Lok Sabha Elections #Vote on account #interim budget