India Current Account
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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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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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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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Current Account Deficit Narrows Sharply to 1.7 Per Cent in Q1
India's current account deficit narrowed sharply to 1.7 per cent of GDP in the April-June quarter of the ongoing fiscal year mainly on account of reduction in trade deficit and a steep decline in gold imports.
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Current Account Deficit Expected To Decline In 2022-23 On Costlier Import
India's current account deficit is expected to deteriorate in the current fiscal on account of costlier imports and tepid merchandise exports, according to the Finance Ministry's monthly economic review.
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RBI Permits Banks To Open Current Accounts For Export Proceeds In Addition To Special Rupee Vostro Accounts
India has been trying to promote rupee trade following the Russia-Ukraine war and the sanctions imposed by the West.
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Why A Current Account Surplus Is Undesirable For An Economy Like India
A current account surplus is an unfavourable prospect for India in order to stay on its economic growth trajectory.
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Why A Current Account Surplus Is Undesirable For An Economy Like India
A current account surplus is an unfavourable prospect for India in order to stay on its economic growth trajectory.
-
Current Account Deficit Expected To Decline In 2022-23 On Costlier Import
India's current account deficit is expected to deteriorate in the current fiscal on account of costlier imports and tepid merchandise exports, according to the Finance Ministry's monthly economic review.
-
Russia-Ukraine Crisis: Economists Flag Higher Inflation Risk, Wider Current Account Deficit For India
Elevated oil prices pose a risk to macroeconomic stability by way of a wider current account deficit and higher inflation.
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RBI Eases Current Account Norms For Banks
RBI eases current account norms for banks, extends deadline for implementation.
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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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India’s Current Account Returns To Deficit As Economy Normalises
India’s current account recorded a deficit of $1.7 billion in Q3FY21 against a surplus of $15.1 billion in Q2.
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RBI Sets New Conditions For Current Accounts To Improve Credit Discipline
Use of multiple operating accounts by borrowers has been observed to be prone to vitiating credit discipline, the RBI said.
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India’s Current Account Deficit Widens To 2.9% Of GDP In September Quarter
India’s CAD widened to 2.9% of the GDP in the second quarter of the fiscal compared to 1.1% in the year-ago period.
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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.
-
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.
-
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.
-
Current Account Deficit Narrows Sharply to 1.7 Per Cent in Q1
India's current account deficit narrowed sharply to 1.7 per cent of GDP in the April-June quarter of the ongoing fiscal year mainly on account of reduction in trade deficit and a steep decline in gold imports.
-
Current Account Deficit Expected To Decline In 2022-23 On Costlier Import
India's current account deficit is expected to deteriorate in the current fiscal on account of costlier imports and tepid merchandise exports, according to the Finance Ministry's monthly economic review.
-
RBI Permits Banks To Open Current Accounts For Export Proceeds In Addition To Special Rupee Vostro Accounts
India has been trying to promote rupee trade following the Russia-Ukraine war and the sanctions imposed by the West.
-
Why A Current Account Surplus Is Undesirable For An Economy Like India
A current account surplus is an unfavourable prospect for India in order to stay on its economic growth trajectory.
-
Why A Current Account Surplus Is Undesirable For An Economy Like India
A current account surplus is an unfavourable prospect for India in order to stay on its economic growth trajectory.
-
Current Account Deficit Expected To Decline In 2022-23 On Costlier Import
India's current account deficit is expected to deteriorate in the current fiscal on account of costlier imports and tepid merchandise exports, according to the Finance Ministry's monthly economic review.
-
Russia-Ukraine Crisis: Economists Flag Higher Inflation Risk, Wider Current Account Deficit For India
Elevated oil prices pose a risk to macroeconomic stability by way of a wider current account deficit and higher inflation.
-
RBI Eases Current Account Norms For Banks
RBI eases current account norms for banks, extends deadline for implementation.
-
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.
-
India’s Current Account Returns To Deficit As Economy Normalises
India’s current account recorded a deficit of $1.7 billion in Q3FY21 against a surplus of $15.1 billion in Q2.
-
RBI Sets New Conditions For Current Accounts To Improve Credit Discipline
Use of multiple operating accounts by borrowers has been observed to be prone to vitiating credit discipline, the RBI said.
-
India’s Current Account Deficit Widens To 2.9% Of GDP In September Quarter
India’s CAD widened to 2.9% of the GDP in the second quarter of the fiscal compared to 1.1% in the year-ago period.
