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2 mins read

Current account deficit in Q3 may widen to 1.2%, improvement likely in March qtr: India Ratings

The current account deficit (CAD) is likely to widen to 1.2 per cent or USD 11 billion of the GDP i…

PTI   


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India's balance of payments shows improvement in Q1 FY24

One of the standout features of India' 2023-24 was the substantial narrowing of the Current Account…

ANI   


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3 mins read

With food inflation looming large, ‘shallow rate’ cuts expected only in Q3 FY25

The ongoing heatwave conditions, and projections of a harsher summer, are likely to impact India’s …

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2 mins read

Current Account Deficit narrows to 2.2% of GDP in Q3: RBI data

India's current account deficit, a key indicator of the country's external sector, declined to USD …

PTI   


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Rupee may remain under depreciation pressure, says Economic Survey

The country's current account deficit (CAD) widened to 4.4 per cent of the GDP in the quarter ended…

PTI   


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Goldman Sachs sees India current account deficit falling to 1% of GDP this fiscal

Stating that the country's external balances are stronger than expected on the back of strong inflo…

PTI   


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India's current account deficit widens to 4.4% of GDP in Q2 due to high trade deficit: RBI data

Widening trade gap pushed up the country's current account deficit to USD 36.4 billion or 4.4 per c…

PTI   


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For every rupee depreciation, software exports increase by $250 mn: SBI Chief Economic Advisor

India's software export revenue and remittances act as a strong counter cyclical buffer against inc…

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Not out of the woods yet and have miles to go: RBI on inflation

A Reserve Bank Bulletin on Thursday said retail inflation has moderated due to monetary policy acti…

PTI   


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1 min read

Rupee plunges to 12-month low against dollar

The Indian rupee plunged to a 12-month low of 83.28 against the US dollar on Monday amid rising oil…

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1 min read

Consuming refined grains is as bad as a diet with unhealthy sugars, oils says new study

Higher intake of refined grain may increase the risk of premature coronary artery disease (PCAD), f…

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1 min read

Gold import duty hiked to 15% from 10.75% earlier

Earlier, the basic customs duty on gold was 7.5 per cent, now it will be 12.5 per cent. Along with …

PTI   


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India must pitch for Rupee as dollar distancing might be finally happening: SBI Ecowrap

Many countries across the globe has been surreptitiously searching for non traditional payment and …

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3 mins read

Rupee at 80: Here’s how a falling Rupee could impact India's current account deficit

The Indian Rupee has breached the psychologically important barrier of 80 against the US Dollar. Ru…

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4 mins read

This Asian currency performed much better than Rupee, and it's not Renminbi, Baht or Ringgit

While the sharp volatility in rupee movement has kept the market nervous, Finance Minister Nirmala …

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2 mins read

Jio’s fundraising spree and fall in imports help India clock the first current account surplus in 17 years

The CAD, the gap between the country's overall foreign receipts and payments, is an important fa…

PTI   


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1 min read

Piramal Pharma Solutions to invest CAD 25 mn to expand Aurora facility in Canada

New Delhi, Jan 28 () Piramal Pharma Solutions on Tuesday said it will invest CAD 25 million (around…

PTI   


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CAD narrows to 0.9 pc of GDP in Sept quarter on lower trade deficit: RBI

Mumbai, Dec 31 () India's current account deficit (CAD) narrowed to 0.9 per cent of GDP, or USD 6.3…

PTI   


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India is hiking import duties on an additional 15 items to keep its current account deficit in check

The measures are part of a larger plan to keep India’s current account deficit, which occur…

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India continues its defense of the rupee by hiking import duties on 19 products

This included a relaxation in overseas borrowing restrictions for Indian manufacturers, tax bene…