Tag: current account deficit
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…
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…