Tag: current account deficit
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…
Current account deficit to widen to 2.3 per cent of GDP in FY27 from 0.9 pc in FY26: Report
Mumbai: India’s current account deficit is set to widen to 2.3 per cent of GDP in FY27 from 0.9 per cent in FY26, a foreign…
ET Graphics: BoP stability tested by outflows & Rupee fall
India’s external account is coming under pressure with both current and capital accounts facing stress. Current account deficit is expected to widen, while capital account…
Oil price shock to widen current account deficit, push inflation higher as US-Iran war continues: Expert
New Delhi: With no sign of the US-Iran war ending and global oil prices likely to reach record highs within a quarter, Santosh Mehrotra, former…
CEA Nageswaran says West Asia crisis a balance of payments stress test; to impact CAD, inflation & exchange rate
New Delhi: Large companies must ensure timely release of payments to micro and small enterprises to ease their working capital needs and reduce cost of…
Downside growth risks outweigh inflation concerns, RBI likely to hold rates this fiscal: Crisil
New Delhi [India]: The Reserve Bank of India’s Monetary Policy Committee (MPC) is likely to maintain current policy rates through the fiscal year as concerns…
Hormuz disruption, $100 oil pose risks to India’s inflation, rupee: Union Bank
The ongoing West Asia conflict and disruptions in the Strait of Hormuz are emerging as a major risk for the Indian economy, with elevated crude…
Impact on growth and inflation to depend on duration of West Asia conflict: MPC says
Kolkata: Reserve Bank of India’s monetary policymakers said a prolonged West Asia conflict could cast a long shadow on economic growth and inflation, although the…