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India current account deficit News

13 Sep 2018

Blame for fuel price shock definitely lies with NDA government. Here's why

When 'international developments' were favourable, the NDA government took credit for something it didn't do. Now that situation is unfavourable, it doesn't want to take the blame.

India current account deficit

01 Nov 2017

India's current account deficit to be 1.5% of GDP this fiscal

Other factors include normalisation of gold imports and fading GST-related disruptions that are pushing exports to catch up with the global cycle.

India current account deficit

17 Sep 2017

Current account deficit seen at 1.2-1.3% of GDP in FY18: ICRA

The increase in CAD in the first quarter was on account of higher trade deficit, which stood at USD 41.2 billion.

23 Jul 2015

Fall in gold prices not yet a concern for rupee: Nomura

Decline in gold prices is not likely to add pressure to India's current account deficit or the domestic currency, as the metal's appeal has diminished, Nomura said in a research note today.

12 Mar 2015

Analysts see FY16 CAD at 0.5-0.6% of GDP

In the quarter ended December 2014, the CAD doubled to USD 8.2 billion, or 1.6 percent of GDP, from USD 4.2 billion, or 0.9 percent of GDP, a year ago.

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