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Current Account Deficit

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India's economy can hit $20 trillion-mark in over two decades, says Pranab Mukherjee

Nov 14, 2015

India's economy can hit $20 trillion-mark in over two decades, says Pranab Mukherjee

President also said focus should be on domestic manufacturing, and 'Make in India' campaign along with focus on Asia, Africa and Latin America to help sustain challenges from external factors #Economy #Current Account Deficit #President Pranab Mukherjee #Make In India
Higher services exports narrow CAD to 1.2% of GDP in Q1

Sep 11, 2015

Higher services exports narrow CAD to 1.2% of GDP in Q1

The CAD had narrowed to 0.2 percent of GDP in the March quarter, its lowest in a year, as global oil prices slumped while foreign investments remained robust. #Economy #GDP #NewsTracker #Current Account Deficit #Shaktikanta Das
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