Dip in gold imports has helped in narrowing the country's trade deficit to USD 94.72 billion during Apr-Oct 2019-20.
24 Nov 2019 4:32 PM
The country's economy grew at 8.2 per cent in April-June 2018-19.
26 Aug 2019 3:46 PM
Gold imports increased by 35.5 pc to USD 11.45 billion (about Rs 80,000 crore) during April-June quarter of current fiscal.
12 Aug 2019 8:29 PM
The deficit increased to USD 57.2 billion or 2.1 per cent of gross domestic product (GDP) in 2018-19.
04 Jul 2019 3:02 PM
Overall trade performance was prime influencer for both contraction in CAD for March quarter as well as a widening for the full year.
28 Jun 2019 6:57 PM
The world's 11th largest economy posted a current account deficit of $660 million in April, figures from the central Bank of Korea showed.
05 Jun 2019 2:49 PM
Economic growth slipped to a five-quarter low of 6.6 per cent in October-December 2018.
24 May 2019 2:19 PM
After recording a negative growth in imports in February, gold imports started registering double-digit growth.
20 May 2019 3:12 PM
A 10 pc spike in crude prices can result in a 0.40 pc widening of the CAD and also push up inflation by 0.24 pc.
24 Apr 2019 2:15 PM
India’s current account deficit is expected to be around 2.5 per cent of GDP in 2018-19.
13 Apr 2019 11:42 AM
The deficit, had moderated to USD 19.1 billion or 2.9 per cent of GDP in the preceding quarter (July-September).
29 Mar 2019 7:10 PM
The CAD for H1 FY18-19 was at USD (-) 34.94 billion, against USD (-) 48.72 billion for the complete FY2017-18.
06 Feb 2019 4:24 PM
Petroleum products, gems and jewellery, leather products and even textiles would be among sectors that contribute to the growth in exports.
04 Feb 2019 4:38 PM
Finance minister Arun Jaitley said the 10 per cent import duty on gold was levied to curb current account deficit (CAD).
29 Jan 2019 3:04 PM
The RBI was maintaining a reserve of 28 per cent.
31 Dec 2018 5:57 PM
India's GDP is up 10-fold and equity market cap is up 22 times in the last 25 years.
01 Nov 2018 10:42 AM
In volume terms, the country imports 800-900 tonnes of gold annually.
19 Oct 2018 11:33 AM
Foreign currency reserves stood at USD 380 billion, equal to 3.7 times gross short-term external debt.
18 Oct 2018 9:09 AM
Falling rupee, market bloodbath force govt to take more measures.
12 Oct 2018 8:58 AM
The government will take action at an appropriate time to check widening CAD
11 Oct 2018 3:18 PM