Tag: current account deficit
Rupee may not just stabilise, but appreciate from current levels: RBI Dy Guv Poonam Gupta
Mumbai: The Reserve Bank of India (RBI) Deputy Governor Poonam Gupta on Wednesday said that there is a fair case for the rupee to not…
Crude above $100 may push India inflation to 6%, RBI could hike rates 50 bps: Kotak
Crude oil staying above $100 a barrel could push India’s retail inflation towards 6% by the next quarter and put the Reserve Bank of India…
India’s current account deficit more than doubles to $7 billion in July as trade gap expands
India’s current account deficit widened to $7 billion in July from $3.2 billion a year earlier, as a larger merchandise trade deficit offset an improvement…
US sanctions bill makes India-US trade deal more critical, may push up import bill: Economist
New Delhi: The proposed US sanctions legislation targeting buyers of Russian crude makes it more critical for India to negotiate a trade deal with the…
India’s June retail inflation quickens to 4.38%, crosses RBI’s 4% target after 17 months
India‘s retail inflation accelerated to 4.38% in June as elevated food and fuel prices, geopolitical tensions in West Asia and concerns over an uneven monsoon…
Peace in West Asia expected to boost order book of Indian exporters: Industry body FIEO
New Delhi: Restoration of peace in the West Asian region is expected to revive the order books of Indian exporters and reduce input costs, as…
Energy prices, current account deficit, balance of payments big priorities right now: CEA
Mumbai: Chief economic advisor V Anantha Nageswaran on Friday said managing Macroeconomic fundamentals like the balance of payments and current account deficit has assumed a…
India considering steps to control CAD amid Rupee, export pressure: Piyush Goyal
New Delhi: India is considering several measures to rein inthe current account deficit,commerce and industry minister Piyush Goyal said Thursday, as a slide in the…
India considering several measures to stop CAD from widening further, says Piyush Goyal
India is closely tracking external sector trends and evaluating a range of measures to prevent any sharp deterioration in the current account deficit (CAD), Commerce…
Go for making products usually imported: Piyush Goyal
New Delhi: Commerce and industry minister Piyush Goyal Monday asked Indian manufacturers to identify goods that can be produced locally for eliminating their imports, noting…