Current Accounts

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  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.

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  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.

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  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.

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  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.

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  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.

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  India's Current Account Turns Surplus After Deficit In Last Quarter: Report

  India has recorded an improvement in its current account, achieving a surplus of $5.7 billion, which equates to 0.6 per cent of its gross domestic product (GDP) in the fourth quarter of fiscal year 2024, according to a recent report by CRISIL.

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  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.

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  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.

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  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.

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  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.

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  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.

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  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.

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  Current Account Defecit To Worsen Further, Likely At $10 Billion For FY17: Citigroup

  On the back of lower trade deficit, CAD narrowed by more than a percentage point to 0.6 per cent of GDP at $3.4 billion in the July-September compared to last year.

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  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.

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  To Ease Payment Of Wages, Current Account Withdrawal Limit Hiked

  The government has announced new measures to ease the cash crunch faced by people after its decision last week to abolish large denomination notes to try and uncover crores of rupees in undeclared wealth.