Latest News on Current Account Deficit
Showing of 0 - 10 from 212 results
Current Account Deficit - Total results - 212
Apr 08, 2019
India's economic growth driven by domestic demand, need to focus on exports: World BankIndia's overall growth was "too much" driven by domestic demand, which resulted in double digit growth of imports, and 4-5% growth in exports
Mar 29, 2019
CAD widens to 2.5% of GDP in October-December quarter on higher trade deficit: RBI dataThe country's current account deficit widened to 2.5 percent of GDP in the third quarter of the current fiscal from 2.1 percent a year ago, primarily on account of a higher trade deficit, the RBI said on Friday
Feb 06, 2019
Rupee likely to depreciate further to 78 per dollar in 2019 on widening fiscal and current account deficits: ReportAccording to Karvy, this is expected to be a "mixed year" for the commodities and currencies market and the rupee may depreciate further
Jan 11, 2019
Asian Development Bank to scale India funding to $4.5 billion in 2019, projects 7.3% growth in current fiscalAsian Development Bank committed $3.03 billion in sovereign loans to India in 2018
Jan 08, 2019
Rupee tumbles 53 paise to 70.21 against US dollar on renewed concerns over widening of current account deficitBesides, strong demand for the American currency from importers also weakened the rupee performance
Jan 07, 2019
Crude price surge can upset nation's key macro-stability parameters: RBI studySince the country is heavily dependent on oil imports to the tune of over 80 percent for meeting its domestic demand, it remains susceptible to global crude price shocks.
Dec 07, 2018
CAD widens to 2.9% of GDP during Q2 on large trade deficit; net services receipts increase by 10.2%The CAD increased from $6.9 billion or 1.1 percent of GDP in the second quarter of 2017-18.
Dec 03, 2018
Current account deficit may widen to 3% in September quarter on higher crude prices, gold imports: ICRAIndia's current account deficit is likely to rise to 3 percent of GDP in the July-September quarter of current fiscal, from 2.4 percent in the preceding quarter, driven mainly by high crude oil prices, ICRA said
Nov 22, 2018
CAD may narrow to 2.6% of GDP in FY19 on falling crude; direct tax collections likely to be higher: SBI reportTotal receipts for the six months period is Rs 7.09 lakh crore (39 percent of BE) and the total expenditure is estimated at Rs 13.04 lakh crore (53.4 percent of BE).
Nov 21, 2018
Foreign portfolio investors continue sell-off, pull out $900 mn in July-September quarterOn a month-on-month basis, foreign portfolio investors were net buyers of equities worth $330 million in July and $260 million in August. However, they turned net sellers of $1.49 billion in September.