Thursday, December 25, 2014 | Latest E-book
You are here:
Current Account Deficit
#

Current Account Deficit

Get Alerts

Articles

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
Budget 2014 Rangarajan says achieving 4.1% fiscal deficit tall order

Feb 17, 2014

Budget 2014 Rangarajan says achieving 4.1% fiscal deficit tall order

Finance Minister P Chidambaram seems to have hit the right notes with his 2014 Interim Budget, pegging the fiscal deficit for 2013-14 at 4.6 percent of the GDP, well below the red line of 4.8 percent. The year's current account deficit will be contained at $45 billion. #GDP #Finance minister #P. Chidambaram #fiscal deficit #Tax #Current Account Deficit #excise duty #Vote on account #interim budget
Current account deficit to be $45 bn this year Chidambaram

Feb 17, 2014

Current account deficit to be $45 bn this year Chidambaram

The government had increased customs duty on gold thrice in 2013 to 10 percent and the RBI had imposed a series of curbs on inward shipments of the yellow metal. #Economy #Numbers #India #P. Chidambaram #Current Account Deficit #Vote on account
As Rahul keeps country busy, Rajan springs a 25 bps hike surprise

Jan 29, 2014

As Rahul keeps country busy, Rajan springs a 25 bps hike surprise

The policy statement has several references to the Patel committee and points to the glide path for disinflation suggested by it, wherein the objective is to have an 8 percent CPI by January 2015 and below 6 percent CPI level by January 2016. #Inflation #GDP #RBI #Reserve Bank of India #Repo rate #WPI #Raghuram Rajan #Current Account Deficit #PolicyWatch #PMEAC #CPI #Urjit Patel #Policy rate #MSF #Mid Quarter Review
RBI expects CAD to decline to 2.5%, raises hope of gold import duty cut

Jan 28, 2014

RBI expects CAD to decline to 2.5%, raises hope of gold import duty cut

There is pressure on the government to reduce import duty on gold and relax inward shipment of the metal. The government had raised the customs duty on gold in phases from 4 percent to 10 percent in 2013 to check CAD. #Economy #Inflation #Gold #P. Chidambaram #RBI #Reserve Bank of India #FDI #Raghuram Rajan #Current Account Deficit #PolicyWatch #CAD
India's 'strong' fundamentals will reduce rupee worry: Mayaram

Jan 27, 2014

India's 'strong' fundamentals will reduce rupee worry: Mayaram

The Indian rupee fell to as low as 62.90 to the dollar on Monday, its lowest since Nov. 22, as emerging markets remained under pressure on fears about an economic slowdown in China and uncertainty about monetary stimulus tapering by the U.S. Federal Reserve. #Economy #Rupee #TheySaidIt #Current Account Deficit #economic affairs secretary #QE #Arvind Mayaram #taper #U S Federal Reserve Bank
With Rs 7,700 cr tax amnesty flow FinMin confident of meeting deficit target

Jan 24, 2014

With Rs 7,700 cr tax amnesty flow FinMin confident of meeting deficit target

Gold imports which had touched 162 tonnes in May, fell to 19.3 tonnes in November. The government has hiked import duty on gold three times in 2013 taking the levy to 10 percent and had also imposed other import restrictions. #Gold #GDP #P. Chidambaram #finance ministry #NewsTracker #Current Account Deficit #CAD #Voluntary Compliance Encouragement Scheme #VCES