Current Account Deficit

RBI, govt in talks to curb surging gold imports: Mundra

The Reserve Bank Monday said it is in discussions with the government to curb gold imports which have seen a sharp surge in the recent months putting pressure on the Current Account Deficit.

Nov 17, 2014, 17:56 PM IST

Fiscal deficit target of 4.1% challenging but achievable: Citi

As per the official data, fiscal deficit has touched 82.6 percent of budget estimates for 2014-15 to cross Rs 4.38 lakh crore at the end of September.

Nov 03, 2014, 15:03 PM IST

Fiscal deficit nears 83% of Budget estimates in end Sept

Fiscal deficit touched 82.6 percent of the Budget Estimates for 2014-15 to cross Rs 4.38 lakh crore at the end of September.

Oct 31, 2014, 15:52 PM IST

Govt to re-look at gold import curbs after Diwali: Jaitley

Faced with 5-fold rise in gold imports that is pushing up the current account deficit, Finance Minister Arun Jaitley Monday said the government would look at re-imposing curbs on gold imports after Diwali.

Oct 20, 2014, 19:05 PM IST

India's GDP to pick up from 5.6% in FY15 to 7% in FY17: Citi

India's growth rate is expected to improve to 7 percent by FY 2017, while inflation and current account deficit are likely to moderate in the coming years, a Citigroup report said.

Oct 09, 2014, 18:28 PM IST

Coal deallocations may hike CAD by $700 mn: SBI

The CAD reflects the value by which goods and services imported by a country exceeds the value of goods and services it exports.

Sep 27, 2014, 13:34 PM IST

BofA-ML sees India's current fiscal CAD down at 1.7%

India's current account deficit (CAD) is likely to narrow down to 1.7 percent of GDP this fiscal but may widen to 2.3 percent in FY16, says a report.

Sep 22, 2014, 19:33 PM IST

Important to have FII debt limits: Raghuram Rajan

Cautioning about reliance on foreign flows, Reserve Bank Governor Raghuram Rajan on Tuesday advocated for continuing with caps on overseas investments in debt.

Sep 16, 2014, 12:22 PM IST

Current account deficit narrows sharply to 1.7% in Q1

India's Current Account Deficit narrowed sharply to 1.7 percent of GDP in the April-June quarter of this fiscal mainly on account of reduction in trade deficit, and a steep decline in gold imports.

Sep 01, 2014, 18:39 PM IST

FY15 trade deficit likely at $142 bn; CAD at $39.3 bn: Citi

India's trade deficit for this fiscal year is likely to be around USD 142 billion, and the current account deficit for this period is expected to be contained at USD 39.3 billion or 1.9 percent of the GDP, a Citigroup research report says.

Aug 18, 2014, 18:01 PM IST

Economic Survey 2013-14: CAD likely to fall to 2.1% in FY15; to be fully financed

India's current account deficit (CAD) is likely to fall to 2.1 percent of the GDP in 2014-15 and will be fully financed in the current year, the government Wednesday.

Jul 09, 2014, 19:06 PM IST

RBI initiates swap of old gold with new one

The Reserve Bank has undertaken an exercise to swap old gold in its reserves with a new one with a view to standardise the yellow metal stock.

Jul 06, 2014, 18:27 PM IST

CAD, rising prices to be tackled on urgent basis: Nirmala Sitharaman

The rising Current Account Deficit (CAD) and galloping prices are the issues which will be tackled on an urgent basis by the government, Union Minister Nirmala Sitharaman said here today.

Jun 09, 2014, 02:21 AM IST