Current Account

Jan-Mar current account to show surplus after 32 quarters, says HSBC

India's current account is likely to swing to surplus after 32 quarters of deficit in the January-March period, and will halve to 0.6 percent of GDP in the next financial year starting 1 April, says HSBC.

Why you should always check your bank balance statement

Sometimes you may be penalised for failing to meet certain requirements. Here's a real world example of what you need to watch out for.

See Re regaining 50 level by March: Crisil

Crisil said the recent fall in the rupee is characterised by higher impact of the country's rising vulnerability and relatively lower impact of external shocks.

Jan-March current account gap highest on oil and gold imports

Hefty oil and gold imports caused the current account deficit to rise to a record high in the March quarter as the surging imports and only moderate export taking a toll on the rupee.

India's CAD at all-time high of 4.5 percent of GDP

On account of larger trade deficit, the current account deficit rose sharply to $ 21.7 billion in Q4 from $ 6.3 billion in Q4 of 2010-11

RBI cannot rescue rupee, want to know what will?

Despite the Finance Minister deferring GAAR by a year and the central bank's surprise open market operation purchase auction of bonds for Rs 12,000 crore on Monday, the rupee today slipped back to 53 against the dollar

Withholding tax cut: Pranab has chosen to favour big biz

The FM's decision to cut the withholding tax from 20 percent to 5 percent will bring in hot flows and make the country more vulnerable to external winds.