Tag: current account deficit
Short-term fluctuations, including FDI outflows closely monitored: RBI’s Sanjay Malhotra
New York: Short-term fluctuations, including net FDI outflows and exchange rate movements, are cyclical in nature and are being closely monitored, RBI Governor Sanjay Malhotra…
West Asia crisis poses risks to India’s trade and macroeconomic stability: NITI Aayog report
New Delhi: The geopolitical tensions in West Asia pose risks to India’s trade and macroeconomic stability by widening the current account deficit (CAD), exerting pressure…
Every $10 rise in crude may add 60 bps to India’s inflation: CareEdge Global
Rising global crude oil prices due to tensions in West Asia could push up India’s inflation significantly, according to Revati Kasture, CEO of CareEdge Global…
Finance Ministry flags rising external risks as trade deficit and CAD expand
New Delhi: External sector pressures are building up for the Indian economy amid a volatile global backdrop, with recent data from the Finance Ministry‘s Monthly…
India must channel $10 trillion in household gold into financial system: Former minister Choudhary
New Delhi, India should unlock the vast household gold stockpiles by shifting consumers toward financial instruments, former Union Minister P P Choudhary and senior market…
India’s exports to hold steady in March despite global disruptions: Piyush Goyal
New Delhi: Commerce and industry Piyush Goyal Tuesday said in Lok Sabha that India’s trade remains resilient despite global disruptions. While merchandise trade saw some…
Oil, trade risks for India amid Iran-Israel war
Escalating tensions between Iran and Israel pose a threat to India’s energy security. Disruptions in West Asia could lift oil prices, push inflation higher, pressure…
CRISIL flags strong headwinds for merchandise exports
Kolkata: Ratings firm CRISIL said that merchandise exports are likely to be buffeted by stronger headwinds due to the continuing impasse on the US-India trade…
Rupee may slip beyond 90 if US trade deal not sealed: Experts
New Delhi: The recent depreciation in the rupee, driven by a widening trade deficit and weak investment inflows, is expected to persist, with economists cautioning…
India’s current account gap narrows in Q2 on higher services exports, remittances
India’s current account deficit eased to $12.3 billion, or 1.3% of GDP, in the July-September quarter from $20.8 billion a year earlier, mainly due to…