Current Acccount Deficit
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March Trade Data Yet To Reflect Full Impact Of Ukraine War: Nomura
India's trade deficit rose 88 per cent in the 2021-22 fiscal year, but that data is yet to reflect the full impact of the Russia-Ukraine war, noted analysts at Nomura.
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At 1.3% Of GDP, India's Current Account Slips Into Deficit In September Quarter
The current account, which records the value of exports and imports of both goods and services along with international transfers of capital, was in a surplus mode both in the quarter-ago and year-ago periods.
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Rising Imports To Push Current Account Deficit To 1.9% In 2021-22: Report
Exports rose 26.5 per cent year-on-year to $29.88 billion last month, while imports soared 57.2 per cent to $53.15 billion, leaving a trade deficit of $23.27 billion.
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At $0.6 Billion, India Records First Quarterly Current Account Surplus In 13 Years
Lower trade deficit was one of the prime reasons for the improvement in the current account balances both for the March quarter as well as for the whole fiscal year.
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Current Account Deficit Shrinks Sharply In Last October-December Quarter
India's current account deficit (CAD) narrowed further in the final quarter of 2019 on the back of a contraction in the trade deficit and rise in net services receipts, the central bank said on Thursday. The CAD also declined to 0.2 per centof gross domestic product in the third quarter of the fiscal year ending this month from 2.7 per centin the y...
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Current Account Deficit Widens To 1.9 Per Cent Of GDP In Q4 FY 2018
In the financial account, net foreign direct investment (FDI) at $6.4 billion in Q4 of 2017-18 was higher than $5 billion in Q4 of 2016-17.
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Second Quarter Current Account Deficit Doubles On Higher Oil Imports
India imported 124.6 million tonnes of crude oil and petroleum products in April-September for $43.5 billion.
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Gold Imports Likely to Touch 1,000 Tonne This Year, up 11%
Buoyed by sharp fall in gold prices globally, the country is likely to see a jump of 11 per cent in imports of the metal to 1,000 tonnes this year, says a trade body.
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Government to Review Gold Policy After Surge in Imports: Report
October shipments into India, the world's No.2 gold consumer after China, jumped to about 150 tonnes, compared with under 25 tonnes a year earlier and 143 tonnes in September, a third source, a top finance ministry official, said on Thursday.
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Current Account Deficit to be around 2% of GDP: Rangarajan
Finance Minister P Chidambaram recently said the CAD was brought down significantly to $32 billion in 2013-14 as against $88 billion during 2012-13 and fiscal deficit contained within the target in the last fiscal.
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Gold, silver imports dip 71.4% to $1.63 billion in February
Imports of the precious metals during April-February declined 41.47 per cent to $30.7 billion from $52.4 billion a year earlier.
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Twin-deficits make India second most risky emerging market: KKR
The country ended FY13 with an all-time high current account deficit of 4.8 per cent of GDP, which is slated to have improved significantly to 3.05 per cent in the first half of the current fiscal and may even be lower for full fiscal.
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With gold scarce, in wedding season, it's recycle, recycle, recycle
Faced with high premiums to secure scarce supplies of gold, relatives and guests at Indian weddings are having their old heirlooms melted down to be reused as traditional presents.
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March Trade Data Yet To Reflect Full Impact Of Ukraine War: Nomura
India's trade deficit rose 88 per cent in the 2021-22 fiscal year, but that data is yet to reflect the full impact of the Russia-Ukraine war, noted analysts at Nomura.
-
At 1.3% Of GDP, India's Current Account Slips Into Deficit In September Quarter
The current account, which records the value of exports and imports of both goods and services along with international transfers of capital, was in a surplus mode both in the quarter-ago and year-ago periods.
-
Rising Imports To Push Current Account Deficit To 1.9% In 2021-22: Report
Exports rose 26.5 per cent year-on-year to $29.88 billion last month, while imports soared 57.2 per cent to $53.15 billion, leaving a trade deficit of $23.27 billion.
-
At $0.6 Billion, India Records First Quarterly Current Account Surplus In 13 Years
Lower trade deficit was one of the prime reasons for the improvement in the current account balances both for the March quarter as well as for the whole fiscal year.
-
Current Account Deficit Shrinks Sharply In Last October-December Quarter
India's current account deficit (CAD) narrowed further in the final quarter of 2019 on the back of a contraction in the trade deficit and rise in net services receipts, the central bank said on Thursday. The CAD also declined to 0.2 per centof gross domestic product in the third quarter of the fiscal year ending this month from 2.7 per centin the y...
-
Current Account Deficit Widens To 1.9 Per Cent Of GDP In Q4 FY 2018
In the financial account, net foreign direct investment (FDI) at $6.4 billion in Q4 of 2017-18 was higher than $5 billion in Q4 of 2016-17.
-
Second Quarter Current Account Deficit Doubles On Higher Oil Imports
India imported 124.6 million tonnes of crude oil and petroleum products in April-September for $43.5 billion.
-
Gold Imports Likely to Touch 1,000 Tonne This Year, up 11%
Buoyed by sharp fall in gold prices globally, the country is likely to see a jump of 11 per cent in imports of the metal to 1,000 tonnes this year, says a trade body.
-
Government to Review Gold Policy After Surge in Imports: Report
October shipments into India, the world's No.2 gold consumer after China, jumped to about 150 tonnes, compared with under 25 tonnes a year earlier and 143 tonnes in September, a third source, a top finance ministry official, said on Thursday.
-
Current Account Deficit to be around 2% of GDP: Rangarajan
Finance Minister P Chidambaram recently said the CAD was brought down significantly to $32 billion in 2013-14 as against $88 billion during 2012-13 and fiscal deficit contained within the target in the last fiscal.
-
Gold, silver imports dip 71.4% to $1.63 billion in February
Imports of the precious metals during April-February declined 41.47 per cent to $30.7 billion from $52.4 billion a year earlier.
-
Twin-deficits make India second most risky emerging market: KKR
The country ended FY13 with an all-time high current account deficit of 4.8 per cent of GDP, which is slated to have improved significantly to 3.05 per cent in the first half of the current fiscal and may even be lower for full fiscal.
-
With gold scarce, in wedding season, it's recycle, recycle, recycle
Faced with high premiums to secure scarce supplies of gold, relatives and guests at Indian weddings are having their old heirlooms melted down to be reused as traditional presents.
