Current Account Deficit

• 

  A $100 Billion Deficit Gap: Rupee Reels Under Global Oil Shock, RBI Swap Not Enough — Warns UBS Expert

  If India's imported crude oil basket averages around $100 per barrel, the country's CAD is projected to widen to 2.5% of GDP in FY27. ''This scenario would require roughly $100 billion in capital inflows to fund the deficit,'' she said.

• 

  Current Account Deficit Narrows To 0.2% Of GDP In Q1 FY26

  Merchandise trade deficit at $68.5 billion was higher than $63.8 billion in the year-ago period.

• 

  NDTV Profit Pulse on March 28—Top 8 Stories At 8 P.M. Under 8 Minutes

  A slew of economic data was released today, from India’s fiscal and current account deficit figures to US inflation numbers.

• 

  India's Current Account Deficit Eases To 1.1% Of GDP In Q3

  India's CAD has widened as compared to the year-ago period, but eased as against the preceding quarter when it stood at 1.8% of the GDP.

• 

  India’s Current Account Deficit Widens Marginally To 1.1% Of GDP In Q1FY25

  The widening of CAD on a YoY basis was due to a rise in merchandise trade deficit to $65.1 billion in Q1FY25 from $56.7 billion in Q1FY24.

• 

  Too Premature To Shift RBI Policy Stance; Any Form Of Adventurism Has To Be Shunned: Shaktikanta Das

  The Reserve Bank of India's Governor Shaktikanta Das emphasized caution in changing monetary policy, citing premature conditions for adjustment.

• 

  Current account Deficit Widens To $15.8 Billion In April-June

  A rout in emerging markets led to dollar outflows of $8.1 compared with inflows of $12.5 billion a year ago, leading to a sharp fall in the rupee.

• 

  June Quarter Current Account Deficit Widens To Four-Year High

  The current account deficit widened to 2.4 per cent of gross domestic product, or $14.3 billion, as imports pushed the trade deficit to $41.2 billion from $23.8 billion in the same period a year ago.

• 

  India Reports Current Account Surplus Of 0.9% During Pandemic Hit 2020-21

  Reserve Bank of India said the current account balance swung into the surplus territory on the back of a sharp contraction in the trade deficit to $ 102.2 billion from $157.5 billion in 2019-20.

• 

  Pakistan's Current Account Deficit Falls 90% To $0.2 Billion In January

  Pakistan's current account deficit (CAD) dropped to $0.2 billion in January 2023, down 90% from last year as the rupee's depreciation slowed down imports, the central bank said on Monday.

• 

  Current Account Deficit Narrows To 0.6% Of GDP In September Quarter

  The July-September CAD is lower than $8.5 billion, or 1.7 per cent of GDP, in the same quarter of last fiscal.

• 

  Nomura Revises FY17 Current Account Deficit Forecast To 1.4% Of GDP

  Export growth slowed to 2.3 per cent year-on-year in November from 8.2 per cent in October, led by a sharp slowdown in export volumes.

• 

  Gold Imports Jump Over 2-Fold To $3.5 Billion In October

  Gold imports had stood at $1.67 billion in October last year, official data released today showed.

• 

  Gold Imports Jump Over 2-Fold To $3.5 Billion In October

  Gold imports had stood at $1.67 billion in October last year, official data released today showed.

• 

  India's Current Account Deficit To Stay At $10.1 Billion In FY17: Citigroup

  According to the global financial services major, the country's current account could likely widen in fiscal year 2017-18 to $30 billion or 1.2 per cent of GDP.