Showing results for "#Current Account Deficit"
Govt revises gold import data from April; cuts Nov figures by USD 5 bn...
The revision was prompted by an unusual surge in imports of the precious metal in November 2024, leading to record import of USD 69.95 billion and the...
CAD, rupee under pressure as oil price surge spills into Oct-Dec...
The country imports close to 85 per cent of its crude oil requirement and any increase in global prices causes the import bill to shoot up.
India's current account deficit narrows to USD 1.4 bln in December...
India's current account deficit narrowed sharply to USD 1.4 billion or 0.2 per cent of GDP in the December quarter, the Reserve Bank said on Thursday.
NZ's current account deficit widen over rise in imports
New Zealand's current account deficit widened by 1.6 billion NZ dollars ($1.15 billion) to 2.1 billion NZ dollars in the December 2020 quarter, the...
India's Q2FY22 current account deficit at 9.6 billion dollars
The current account swung into negative territory with a deficit of $9.6 billion in Q2FY22 from a surplus of $6.6 billion in the preceding quarter.
India reports CAD of 1.2 pc of GDP in FY22
For the January-March 2022 quarter, the CAD narrowed on a sequential basis to $13.4 billion or 1.5 per cent of GDP against $22.2 bn or 2.6 per cent of...
‘India to be fastest growing economy this year and next’
While inflation continues to be above the comfort zone, the economy has continued on its recovery path, supported by pent-up demand for services and...
SBI CEA: For every rupee depreciation, software exports up by $250 mn
For example, in Q1, India’s CAD was expected to breach $30 billion/3.8 per cent of gross domestic product (GDP), but the actual numbers came in at 2.8...
