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The increase in FDI is crucial in 2018-19 as increase in import bill is expected to widen the current account deficit (CAD).

Current account deficit widens to 2.5 pc of GDP in Q3

The deficit, had moderated to USD 19.1 billion or 2.9 per cent of GDP in the preceding quarter (July-September).

29 March 2019 7:10 PM IST

The source confirmed a report by a Washington Post columnist that the administration will terminate the sanctions waivers it had granted to some importers of Iranian oil late last year. (Representational Image)

Rising crude prices to adversely impact CAD, rupee, inflation: Report

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 April 2019 2:15 PM IST

Economic Affairs Secretary Shaktikanta Das

RBI to remain watchful on growth, financial stability: Shaktikanta Das

India's current account deficit is expected to be around 2.5 per cent of GDP in 2018-19.

13 April 2019 11:42 AM IST

Prime Minister Narendra Modi (Photo: PTI)

New govt faces challenges of arresting slowdown, creating jobs:...

Economic growth slipped to a five-quarter low of 6.6 per cent in October-December 2018.

24 May 2019 2:19 PM IST

The confluence of stable prices, upcoming wedding season and pent-up demand made this Akshaya Tritiya memorable for the gold and jewellery sector, which saw demand bouncing back after a gap of two years. Jewellers across the country witnessed on an average 15 to 20 per cent growth in sales over last year.

Gold imports rise 54 per cent to USD 3.97 billion in April

After recording a negative growth in imports in February, gold imports started registering double-digit growth.

20 May 2019 3:12 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.

Current account deficit inches up to 2.1 pc but more than halves in Q4

Overall trade performance was prime influencer for both contraction in CAD for March quarter as well as a widening for...

28 Jun 2019 6:57 PM IST

Fiscal deficit for the financial year 2016-17 is budgeted at 3.5 per cent.

South Korea records first current account deficit in 7 years

The world's 11th largest economy posted a current account deficit of $660 million in April, figures from the central...

5 Jun 2019 2:49 PM IST

FIPB takes a call on proposals for FDI in ocuntry.

Economic Survey: Govt may further ease FDI norms to bridge current...

The deficit increased to USD 57.2 billion or 2.1 per cent of gross domestic product (GDP) in 2018-19.

4 July 2019 3:02 PM IST

Indias GDP growth forecast for the current fiscal to 7 per cent from 7.4 per cent.

India's GDP to grow at 6 per cent in Apr-Jun: survey

The country's economy grew at 8.2 per cent in April-June 2018-19.

26 Aug 2019 3:46 PM IST

Gold was available for $2 premium over and above the landed rate 15 days back. After the steep rise, it is now available for a discount of $14 per ounce, said Suresh Hundia, former President of the Bombay Bullion Association.

Gold imports up 35.5 per cent during Apr-Jun

Gold imports increased by 35.5 pc to USD 11.45 billion (about Rs 80,000 crore) during April-June quarter of current...

12 Aug 2019 8:29 PM IST

Rafale deal has protected both security and commercial interest of India. Allegations on Rafale was fiction writing that was compromising national security, Finance Minister Arun Jaitley said. (Photo: ANI)

Govt not seeking RBI reserves to meet fiscal deficit: Jaitley

The RBI was maintaining a reserve of 28 per cent.

31 Dec 2018 5:57 PM IST

GDP numbers scheduled to be released on May 31.

CAD widens on higher imports

Prasanna expects India's CAD to stand at 2 per cent of GDP in the fiscal year ending in March 2018.

17 March 2018 1:41 AM IST