Tag: CAD
current account deficit: India moves to current account deficit of $9.7 bn in Q1FY25 from surplus in previous quarter
India’s current account deficit (CAD) widened marginally to $9.7 billion (1.1 per cent of GDP) in Q1 FY2024-25 from $8.9 billion (1.0 per cent of…
CAD to be higher in FY’25 on higher domestic demand and global prices
India’s strong economic growth at a time when the global economy is not doing too well could have an impact on its current account deficit….
India CAD: India’s CAD narrows in Q4 as trade gap shrinks, services exports increase
India’s current account deficit (CAD) narrowed in the last quarter of the previous fiscal owing to a moderation in the trade gap and an increase…
Shaktikanta Das: Current account deficit manageable: RBI Governor Das
India’s currency account deficit or CAD is eminently manageable is eminently manageable, according to RBI governor Shaktikanta Das. India’s services exports continued to grow at…
RBI MPC: CAD to remain moderate, eminently manageable, says RBI Governor Shaktikanta Das
Reserve Bank of India (RBI) governor Shaktikanta Das on Thursday said India’s current account deficit (CAD), which is a key external sector indicator, is expected…
Current account deficit: India’s CAD declines to 2.2% of GDP in Q3 on narrowing trade deficit
India‘s current account deficit declined to US$ 18.2 billion, or 2.2 per cent of GDP, in the third quarter of the ongoing fiscal on account…
current account deficit: ET Poll: CAD seen narrowing in FY24, but unlikely to dip below 2% of GDP
India’s current account deficit is expected to improve in FY24 but may not slip below 2% of the country’s gross domestic product (GDP), an ET…
India’s Finance Ministry to make a case for higher sovereign rating
The finance ministry will make a pitch to global rating agencies in the coming days for an upgrade in India‘s sovereign rating, citing a sharp…
India inflation: Retail inflation high, core inflation defying softening of input costs: RBI Bulletin
Flagging concerns around sticky retail inflation, the Reserve Bank of India on Tuesday in its monthly bulletin said that the consumer price inflation in India…
crisil: Economy likely to log in a tepid 6 pc growth next fiscal: Crisil
The economy is likely to log in 6 per cent growth next fiscal, in line with consensus estimates, driven by an increased capex by the…