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Indias current account deficit widened in the four quarters through June 2018 to 1.9 per cent of the GDP.

US says it could remove India from currency monitoring list

Foreign currency reserves stood at USD 380 billion, equal to 3.7 times gross short-term external debt.

18 Oct 2018 9:09 AM IST

The northward movement in petroleum and commodity prices would also add to export growth. The recent depreciation of indian rupee is also supporting exports though its impact varies from sector to sector and from company to company. Ganesh Gupta, President, FIEO

Govt hikes import duty on select 17 items to curb CAD

Falling rupee, market bloodbath force govt to take more measures.

12 Oct 2018 8:58 AM IST

The Sensex opened higher before trading at 26,646.65 at 1100 hours, a loss of 51.17, or 0.19 per cent.

Market, rupee slump due to external factors; govt to take action:...

The government will take action at an appropriate time to check widening CAD

11 Oct 2018 3:18 PM IST

I am asking these questions as his misadventure is impairing national interest and I hope Rahul Gandhi and the Congress party would respond immediately, Finance Minister Arun Jaitley wrote on Facebook. (Photo: ANI)

Some more steps likely to narrow current account deficit, says Jaitley

Govt cut borrowing target for the current fiscal by Rs 70,000 cr and allowed oil cos to raise USD 10 bn in one year.

6 Oct 2018 11:17 AM IST

The RBI has asked Axis Banks board to re-consider the decision to re-appoint Shikha Sharma as its MD and CEO for a fourth term.

RBI maintains status quo; warns volatile oil prices pose risk to...

MPC said that the recent excise duty cuts on petrol and diesel will moderate retail inflation.

5 Oct 2018 4:31 PM IST

The previous high quarterly GDP growth was recorded in July-September period in 2014-15 at 8.4 per cent. (Representational Image)

Market cap, GDP to reach USD 6 trillion in 10 years: Morgan Stanley

India's GDP is up 10-fold and equity market cap is up 22 times in the last 25 years.

1 Nov 2018 10:42 AM IST

Gold prices went down by Rs 200 to Rs 31,350 per ten grams at the bullion market on Friday.

Gold imports shrink 40 per cent to USD 2.49 billion in March

Silver imports grew by 31 per cent to USD 267.33 million in March.

13 April 2018 6:47 PM IST

Indias widening current account deficit coupled with normalisation of loose policy in developed nations and soaring crude oil prices may weaken rupee towards Rs 67/$1 in the fiscal years that begun from April 1.

Rupee may hit 67 against dollar in FY2019

Investor sentiment will be cautious, weighing on the local currency, as three major states are going to polls this year.

2 April 2018 12:30 PM IST

In the international market also, gold prices were trading higher at USD 1,502 an ounce and silver at USD 17.71 per ounce.

Gold imports dip 9 per cent during Apr-Oct

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 IST

Jewellery market post-August 23, witnessed a downfall of 40 to 50 percent after PMLA provisions came into effect.

Gems & jewellery sector seeks cut in gold import duty to 4 pc

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 IST

Visiting Venezuelan Foreign Minister Jorge Arreaza said in New Delhi on Monday that Venezuela wants trade with India in oil and other commodities such as food and medicines to be conducted in Indian Rupees and not in US Dollars. (Representational image)

Rupee likely to depreciate further to 78 per dollar in 2019: report

The CAD for H1 FY18-19 was at USD (-) 34.94 billion, against USD (-) 48.72 billion for the complete FY2017-18.

6 Feb 2019 4:24 PM IST

According to the trade data for August, 2018 while exports have shown a growth of about 19 per cent in dollar terms, the rupee realisations for the export shipments went up close to 30 per cent, said Assocham.

India's exports to surpass USD 314 billion peak this year

Petroleum products, gems and jewellery, leather products and even textiles would be among sectors that contribute to the...

4 Feb 2019 4:38 PM IST