CAD narrows to 1.2% of GDP at $6.2 billion in Q1
The June quarter CAD figure is lower than USD 7.8 billion, or 1.6 percent of GDP, in the year-ago period, but higher than 0.2 percent for the March quarter.
Sep 11, 2015, 20:03 PM IST
India's CAD likely to widen in June quarter: Report
India's current account deficit (CAD) is likely to widen in the June quarter to 1.8-2.0 percent of GDP while for the current financial year, it is likely to remain under control, says a DBS report.
Aug 02, 2015, 13:55 PM IST
Govt cuts tariff value on imported gold for 2nd straight week
The government on Friday slashed the import tariff value on gold for the second straight week to USD 354 per 10 gm in line with weak global prices of the precious metal.
Jul 24, 2015, 14:02 PM IST
Current account deficit shrinks to 1-year low at 0.2%
Current Account Deficit (CAD) fell sharply to its lowest level in a year at USD 1.3 billion or 0.2 percent of GDP in the fourth quarter of 2014-15, as trade gap narrowed on lower oil prices and robust foreign inflows.
Jun 10, 2015, 19:45 PM IST
Government reduces tariff value on gold, silver
During last fortnight, the tariff value on imported gold was USD 398 per 10 grams and on silver at USD 567 per kg.
Jun 01, 2015, 16:47 PM IST
Gold imports rise 78.33% at $3.13 billion in April
The CAD in the first half of this fiscal declined to 1.9% of GDP ($18 bn) from 3.1% ($27 bn).
May 15, 2015, 20:00 PM IST
Economy recovering, despondency on its way out: Arun Jaitley
Finance Minister Arun Jaitley Thursday said the economy was in a recovery mode with inflation and fiscal deficit under control and despondency giving way to a positive environment.
May 14, 2015, 23:01 PM IST
CAD may decline to 0.9% of GDP in FY15: Report
The current account deficit for 2014-15 is expected to narrow down further to 0.9 percent of GDP due to subdued external demand and cooling commodity prices, a report said Tuesday.
Apr 21, 2015, 19:15 PM IST
Despite export fall, analysts see CAD under control at 1.7%
The current account deficit is likely to be at 1.7 percent in 2014-15 and will narrow further to less than 1 percent for the next two years, according to a report.
Apr 20, 2015, 21:02 PM IST
CAD to narrow down to 1.2% of GDP in FY15: SBI
India's current account deficit is expected to come down to USD 25 billion, or 1.2 percent of GDP, in the current financial year, says a report.
Mar 12, 2015, 20:03 PM IST
Current account deficit doubles to $8.2 bn in Dec quarter
The current account deficit (CAD) nearly doubled to USD 8.2 billion or 1.6 percent of the GDP in the October-December period, the Reserve Bank data showed Tuesday.
Mar 10, 2015, 19:57 PM IST
Current account deficit doubles to $8.2 bn of GDP in Dec quarter
India's current account deficit (CAD) doubled to USD 8.2 billion or 1.6 percent of gross domestic product (GDP) in the October-December quarter on a year-to-year basis.
Mar 10, 2015, 17:59 PM IST
CAD in 2014-15 estimated at 1.3%: RBI
Current account deficit is estimated to come down to 1.3 percent of GDP in the fiscal ending March, helped by moderation in petroleum and gold imports, the Reserve Bank said Tuesday.
Feb 03, 2015, 14:25 PM IST
Gold imports surge over 6-fold to $5.61 bn in November
Gold imports surged by over six-fold to USD 5.61 billion (over Rs 35,000 crore) in November primarily due to a spike in demand during the marriage and festival season, raising fresh concerns of widening current account deficit.
Dec 15, 2014, 20:49 PM IST
CAD at comfortable level, but there are risks: Raghuram Rajan
Reserve Bank Governor Raghuram Rajan on Thursday said the current account deficit (CAD), which has widened to USD 10.1 billion or 2.1 percent of GDP in July- September period, is still at comfortable level although there are risks.
Dec 11, 2014, 18:12 PM IST
Rupee moves down 5 paise at 61.88 against dollar
The Indian rupee Tuesday weakened by 5 paise to end at 61.88 against the Greenback on sustained demand for the American currency from importers amid a broader sell-off in equities.
Dec 09, 2014, 18:59 PM IST
Current account deficit rises to $10.1 bn in Q2 as gold imports soar
The current account deficit widened to USD 10.1 billion or 2.1 percent of GDP for the September quarter as against 1.2 percent in the year-ago period due to higher trade deficit, the Reserve Bank said Monday.
Dec 08, 2014, 19:53 PM IST
Current account deficit widens to $10.1 billion in Q2
With exports contracting and trade deficit widening to USD 13.35 billion in October, India's current account deficit (CAD) rose to USD 10.1 billion or 2.1 percent of the GDD in the July-September quarter.
Dec 08, 2014, 18:23 PM IST
Weekly review: Sensex, Nifty continue record-breaking run
Interest rates related shares from realty, banking and auto were in keen demand on hopes of rates cut.
Nov 29, 2014, 16:25 PM IST
Removal of import curbs to improve official supplies: WGC
The government yesterday scrapped a scheme under which it was mandatory for importers to export 20 percent of the gold they imported. It was put in place in August 2013 to check high gold imports that had widened the current account deficit.
Nov 29, 2014, 15:08 PM IST
