Economy stabilising despite uncertain global situation: FM Jaitley
Finance Minister Arun Jaitley on Friday said Indian economy has witnessed significant improvement in macro-economic stability despite uncertain global economic situation.
Dec 18, 2015, 20:56 PM IST
India's current account deficit to be 1% of GDP in FY'16: Citi
India's current account deficit (CAD) is likely to be about 1 percent of the GDP in the current fiscal because of low crude prices and contained gold imports, says a Citigroup report.
Nov 17, 2015, 14:08 PM IST
RBI estimates current account deficit at 1.5% in FY16
Current account deficit is estimated to be around 1.5 percent of the GDP in the current fiscal, helped by sharp fall in oil prices even as gold imports rose in the past few months, the Reserve Bank said on Tuesday.
Jun 02, 2015, 15:34 PM IST
Gold imports up 19.5% at $34.32 billion in FY15
Gold imports surged 19.5 percent to reach USD 34.32 billion in 2014-15 due to declining prices and easing of restrictions by the Reserve Bank.
May 04, 2015, 15:29 PM IST
Lower oil prices beneficial to India: Nilesh Karani
Oil prices have declined by nearly half in the past six months.
Feb 05, 2015, 14:43 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
FM Jaitley for tax reforms and quick decisions to ensure stability
Ahead of the Budget, Finance Minister Arun Jaitley on Tuesday underlined the need for tax reforms and quick decision making to ensure stability in policy regime.
Jan 27, 2015, 20:48 PM IST
India's growth to reach 6.3% in 2016: UN report
India will see a gradual growth acceleration with its GDP expected to reach 5.9 percent this year and 6.3 percent in 2016, the UN said Monday while partly crediting the recovery to improved market sentiment after the new government took office and announced key reforms.
Jan 19, 2015, 20:38 PM IST
RBI may cut rates early next year: Rangarajan
The Reserve Bank of India may go for rate cut early next year as price situation is showing 'definite improvement', former chairman of Prime Minister's Economic Advisory Council, C Rangarajan said on Thursday.
Dec 18, 2014, 17:44 PM IST
Falling rupee may spook rate cut hopes, says SBI
The continued weakening of the rupee driven by external factors is likely to delay any interest rate cut by the Reserve Bank, according to a survey.
Dec 17, 2014, 19:46 PM IST
Gold imports dip to 661 tonnes in FY14
Gold imports stood at 661.71 tonnes during 2013-14 as compared with 1,013.72 tonnes in the previous fiscal, Parliament was informed Wednesday.
Dec 17, 2014, 17:07 PM IST
CAD likely to be 1.6% of GDP in FY15: Nomura
India's current account deficit is likely to be around 1.6 percent of GDP in the current financial year amid higher imports, Japanese brokerage firm Nomura has said.
Dec 17, 2014, 14:34 PM IST
Analysts see FY15 CAD at 1.4% on further likely fall in crude
Analysts have allayed fears of widening current account deficit, which is 2.1 percent of GDP for the July-September period, and pegged it in the range of 1.4 to 1.8 percent for the full 2014-15 fiscal due to falling crude oil prices.
Dec 09, 2014, 17:27 PM IST
Rise in current account deficit not matter of concern: Arun Jaitley
The CAD in second quarter this fiscal increased on account of higher trade deficit contributed by deceleration in export growth and increase in imports.
Dec 09, 2014, 15:13 PM IST
Nomura upbeat on India, sees FY15 GDP growth at 5.5%
India is heading towards growth with macroeconomic stability and its economy is likely to expand at 5.5 percent in the current fiscal, Japanese brokerage firm Nomura said Friday.
Dec 05, 2014, 22:52 PM IST
GJF urges govt not to impose further curbs on gold imports
The government should not impose further curbs on gold imports as it will spell doom for the gems and jewellery sector, the All India Gems and Jewellery Federation (GJF) said on Wednesday.
Nov 19, 2014, 19:02 PM IST
FY15 CAD estimated at USD 36.7 billion or 1.8% of GDP: Citigroup
India's current account deficit for the current financial year is expected to be USD 36.7 billion, or 1.8 percent of GDP, despite a fall in exports and rise in imports, says a Citigroup report.
Nov 18, 2014, 17:27 PM IST
Gold imports, premiums to jump on festive demand
India has not yet released its trade figures for August.
Sep 02, 2014, 16:22 PM IST
Curbs on gold imports likely to continue for some more time
The Finance Ministry on Thursday indicated that restrictions on gold import scheme are likely to continue till situation becomes "more comfortable".
Aug 21, 2014, 19:11 PM IST
Gold imports up 65% in June to $3.12 billion
After declining for seven months in a row, gold imports grew by 65.13 percent to USD 3.12 billion in June.
Jul 17, 2014, 11:46 AM IST
