Tag: current account deficit India
Goldman Sachs raises India FY27 growth forecast to 6.5%
New Delhi: Goldman Sachs on Friday raised India’s FY27 growth forecast by 0.4 percentage points to 6.5% year-on-year, citing lower oil prices and easing supply…
Gold imports up 34 pc to $3.41 bn in May; silver shipments plunge over 86 pc
New Delhi: India’s gold imports rose by 34 per cent year-on-year to USD 3.41 billion in May, driven by high prices of the precious metal,…
OECD sees India growth slowing to 6.3% from 7.6% in FY27
New Delhi: India’s economic growth is projected to slow to 6.3% in fiscal 2027 from 7.6% last financial year, reflecting the impact of higher energy…
Why CEA Anantha Nageswaran says India is facing a ‘Live Balance of Payments Stress Test’
India is facing one of its toughest external-sector challenges in years as rising oil prices, foreign investor exits, a weakening rupee, and slowing capital inflows…
Morgan Stanley lifts India FY27 GDP forecast to 6.7% on demand strength
New Delhi: Morgan Stanley has raised India’s FY27 growth forecast to 6.7% from 6.2%, citing strong domestic demand despite global uncertainties. While the ongoing Iran…
India considering emergency measures to save foreign exchange
India is considering emergency steps to shore up foreign-exchange reserves, including curbing non-essential imports like gold and electronic goods, and hiking fuel prices, to help…
West Asia War: India’s BBB rating seen stable despite energy shock; S&P flags corporate stress, weaker credit growth
India’s BBB investment grade sovereign rating is unlikely to be impacted by higher energy prices due to the Iran war but supply disruption of food…
RBI MPC Meeting: India seen holding rates as ‘Goldilocks’ phase gives way to stress
Mumbai: India’s central bank is expected to keep interest rates on hold on Wednesday as policymakers assess the fallout from the war in Iran, which…
Gold imports rise by nearly 29% to $69 bn in Apr-Feb 2025-26
New Delhi: The country’s gold imports rose 28.73 per cent to USD 69 billion during April-February 2025-26 on account of high prices of the precious…
ICRA expects India’s GDP growth to moderate to 6.5% in FY27 amid West Asia conflict
New Delhi, ICRA on Monday said it estimates India’s GDP growth to moderate to 6.5 per cent in 2026-27, from 7.6 per cent in the…