Tag: Current Account
FY25 gold bond float target cut by 38%
New Delhi: The government has slashed its gold bond issuance target for this financial year by 38% from the record interim budget goal, a senior…
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…
finance: India’s current account likely turned to surplus in Jan-March: Poll
India‘s current account balance likely turned positive in January-March, marking the first quarterly surplus in nearly two years thanks to a narrower trade deficit and…
moody s: Moody’s sees mfg & infra driving India growth; flags reforms, policy barriers
Burgeoning infrastructure and manufacturing sectors could push India to be the fastest growing economy over the next few years, said Moody’s Investor Service in its…
India’s share in global computer services exports jumps to 11% in FY23: Analysis
With software exports hitting a record high of USD 320 billion in FY23, the country’s share in global computer services exports has jumped to around…
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…
world bank: World Bank revises India’s growth forecast downward to 6.3% in FY24
Slower consumption growth and challenging external conditions will lead to India’s growth slowing down to 6.3% in 2023-24, according to the World Bank, but the…
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…
India exports: Indian exports crossed record $750 bn-mark: Piyush Goyal
Indian goods and services exports have crossed the USD 750 bn-mark for the first time, news agency ANI reported Union Commerce & Industry Minister Piyush…
Rupee finds temporary ease as India’s current account deficit shrinks
Economists are lowering their forecasts for India’s current-account shortfall, thanks to favorable trade trends that are proving to be a blessing for the rupee —…