Current Account Deficit

Gold imports dip 14% to $28.2 bn during 2019-20; gems and jewellery exports decline 11% to $35.8 bn

Gold imports, which have a bearing on the country's current account deficit (CAD), fell 14.23 percent to $28.2 billion during 2019-20, according to commerce ministry data

Gold imports dip 8.86% to $27 bn during Apr-Feb 2020; current account deficit narrows to $143 bn

Gold imports, which have a bearing on the country's current account deficit (CAD), fell 8.86 percent to $27 billion (about Rs 1.90 lakh crore) during April-February period of the current financial year, according to commerce ministry data

India's current account deficit narrows to $1.4 billion in December quarter as net services receipts rise

The sharp contraction was primarily due to a lower trade deficit at $34.6 billion, and a rise in net services receipts, the central bank said.

Gold imports dip 7% in April-November to $20.57 bn; trade deficit narrows to $106.84 bn

India's gold imports, which have a bearing on the current account deficit (CAD), fell about 7 percent to $20.57 billion during April-November period of the ongoing financial year, according to the commerce ministry data

Easing business climate, trade norms to help India attract FDI, improve CAD: IMF

Easing business climate and relaxing trade-related norms will help India attract foreign investors and improve the current account deficit situation, according to International Monetary Fund (IMF)

Economic Survey 2018-19: Govt may further ease FDI norms to bridge current account deficit

The government is expected to further ease the foreign direct investment (FDI) norms with a view to bridge the widening current account deficit (CAD), according to the Economic Survey 2018-19

Union Budget 2019: Fiscal deficit a key parameter to measure govt's performance, but cannot allow to grow beyond a level

Deficit differs from debt, which is an accumulation of yearly deficits. A fiscal deficit is regarded by some as a positive economic event.

New govt faces challenges of arresting slowdown, creating jobs and tackling bad loan woes of banks: Economists

After a landslide victory at the general election, Prime Minister Narendra Modi faces the immediate challenge of arresting a slowdown in the world's sixth largest economy

India's economic growth driven by domestic demand, need to focus on exports: World Bank

India's overall growth was "too much" driven by domestic demand, which resulted in double digit growth of imports, and 4-5% growth in exports

CAD widens to 2.5% of GDP in October-December quarter on higher trade deficit: RBI data

The 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