India's current account deficit to stay at $10.1 billion in FY17: Citigroup
India's current account deficit is expected to stay comfortable at USD 10.1 billion in this financial year, largely on account of likely demand moderation post the demonetisation move, says a Citigroup report.
Nov 17, 2016, 16:36 PM IST
Gold import dips 55% to $7.88 billion in H1 of 2016-17
Gold imports dipped by about 55 percent to USD 7.88 billion during the first half of 2016-17, which is expected to keep a lid on the current account deficit.
Nov 04, 2016, 21:23 PM IST
India's current account deficit likely to stay below 1% of GDP this year: DBS
India's current account deficit is likely to stay below 1 percent of GDP this year, largely due to a sharp fall in the trade deficit as against last year, says a DBS research report.
Oct 17, 2016, 15:28 PM IST
FPIs remain bullish on markets; pour in Rs 9,500-crore in September
Foreign investors have pumped Rs 9,500 crore (USD 1.4 billion) into the country's capital markets so far this month, driven by sound progress on rollout of GST and contraction in current account deficit (CAD).
Sep 25, 2016, 14:33 PM IST
India's savings rate in need of a boost: DBS
Domestic savings are required to fund investment, which otherwise must be financed with foreign capital.
Sep 02, 2016, 15:33 PM IST
CAD narrows sharply to $0.3 billion in Q4 on lower trade deficit
The Reserve Bank of India data on Thursday showed that the current account deficit also shrunk to 1.1 percent of the GDP in FY2015-16 from 1.8 percent in the previous fiscal.
Jun 16, 2016, 17:44 PM IST
17 out of 30 sectors in negative zone in March in terms of exports
Exports of over half of the 30 sectors closely monitored by the Commerce Ministry were in the negative zone in March due to a fall in global commodity prices amid tepid demand.
May 01, 2016, 17:50 PM IST
CAD to widen to $25 billion in FY17 on surge in gold imports, sluggish exports: Report
What may cause concerns for the Indian economy, country's current account deficit (CAD) is likley to widen to USD 25 billion this year from USD 20 billion in 2015-16 due to slowness in exports and sudden surge in gold imports, as per a report released on Friday.
Apr 28, 2016, 21:27 PM IST
Govt modifies Gold Monetisation Scheme; allows investors to redeem deposits in gold
To make the Gold Monetisation Scheme more attractive, the government has allowed investors to redeem the deposits in gold also.
Apr 03, 2016, 09:35 AM IST
CAD to shrink further in March quarter: HSBC
The current account deficit narrowed in the October-December quarter of 2015 and is likely to shrink further in the March quarter of this year.
Mar 23, 2016, 11:30 AM IST
CAD narrows to 1.3% of GDP in December quarter: RBI
India's current account deficit (CAD) narrowed to 1.3 percent of GDP in third quarter of the fiscal as against 1.5 percent in the same period last year, mainly on account of lower trade deficit.
Mar 21, 2016, 18:26 PM IST
Gold imports contract 29.5% to $1.39 bn in February
After a sharp rise in January, gold imports in February declined 29.49 percent to USD 1.39 billion, which is expected to keep a lid on the country's current account deficit (CAD).
Mar 15, 2016, 23:12 PM IST
Indian economy less vulnerable to external shocks: S&P
Indian economy is less vulnerable to external shocks as it is mainly driven by household consumption and government spending, and not dependent on hot money which can move out quickly, Standard & Poor's Rating Services said Tuesday.
Jan 26, 2016, 19:16 PM IST
CAD to narrow to 0.5% of GDP in 2016: Report
India's current account deficit may narrow to 0.5 percent of GDP in 2016 from 0.7 percent in 2015 owing to lower commodity prices, particularly oil, says a report.
Jan 20, 2016, 17:38 PM IST
CAD remains in check; likely to be less than $25 bn: Barclays
According to experts, a CAD up to 2.5 percent of GDP can be financed with the current level of foreign fund inflows and remittances.
Dec 27, 2015, 15:16 PM IST
Gold imports lose steam, fall 36.5 pc to $3.5 bn in Nov
Gold imports shrank 36.5 percent to USD 3.53 billion in November on the back of falling prices of the yellow metal, something that will keep the country's current account deficit (CAD) in check.
Dec 27, 2015, 11:57 AM IST
Drop in FPI inflows may not have major impact on economy: Govt
During April-November period of the current fiscal, FPIs had pulled out a sum of Rs 7,008 crore from the country's capital markets after investing staggering funds in the preceding two financial years.
Dec 08, 2015, 16:08 PM IST
Stanchart revises FY16 CAD forecast to 1.5% of GDP
Lower commodity prices are unlikely to narrow India's current account deficit, Standard Chartered has said, while revising its CAD forecast for the fiscal to 1.5 percent from 1.1 percent of GDP earlier.
Sep 20, 2015, 11:25 AM IST
CAD to be around 1.5% of GDP this fiscal: RBI
RBI Deputy Governor Urjit Patel on Thursday said the central bank expects Current Account Deficit (CAD) around 1.5 percent of GDP in the current fiscal.
Sep 17, 2015, 16:32 PM IST
Gold imports jump 140% to $4.95 bn in August
Gold imports more than doubled to USD 4.95 billion in August, driven by dip in global prices and higher domestic demand in view of forthcoming festival season.
Sep 15, 2015, 23:07 PM IST
