Current Account Deficit

Can the Israel-Iran conflict impact India’s inflation and fiscal deficit situation- Read all details here

Economists said that the escalating tensions in the Middle East will have a key potential economic impact in India if…

April 17, 2024 13:16 IST

Q3 CAD at $10.5 bn: FY23-24 current account estimated at $35 billion or 1% of GDP on growing merchandise, service exports, says Barclays

Barclays maintained its forecasts for the annual current account at $35 billion or 1 per cent of the GDP in…

March 27, 2024 15:19 IST

RBI, RBI MPC, interest rate, repo rate, Shaktikanta Das, inflation, GDP growth, current account deficit, rate cut

India’s current account deficit declines to $10.5 billion in Q3, says RBI

Per the data released by RBI, the CAD in the October-December quarter amounted to 1.2 per cent of India’s GDP.

March 26, 2024 19:16 IST

exports, merchandise exports, Red Sea, global tensions, depreciating rupee, merchandise imports, trade deficit, services exports, trade account deficit, global headwinds

India’s exports resilient in face of unfavourable conditions, says CRISIL; will it sustain?

Despite disruption in trade caused by strife around the Red Sea, exports have fared better than expected. This can be…

February 19, 2024 14:37 IST

RBI, current account deficit, GDP, top news, business news, latest news,

CAD narrows to 1% in Q2, seen to widen in current quarter

Weak capital inflows in Sept quarter; accretion to reserves just $2.5 billion.

Updated: December 26, 2023 22:51 IST

India, Indian economy, merchandise exports, exports, CAD, US import, US Fed, services imports, ICICI Securities, global economy, commodity prices

India ahead of rest of Asia: India’s merchandise exports up 6.2% YoY in Oct 2023, likely to enable narrower CAD in FY24

Prasenjit Basu and Laavanya Sisaudia, analysts and economists at ICICI Securities, said, “Given the broad based cyclical rebound in engineering…

November 29, 2023 13:09 IST

trade deficit, CAD, service surplus, imports, commodity prices, commodities, exports, crude oil price, GDP growth, geopolitical tensions, World Bank

Economists say India’s Sep trade deficit narrowing to $19.37 bn augurs well for CAD for Q2FY24

Economists said that while narrower-than-expected merchandise trade deficit print augurs well for the current account deficit for Q2 FY2024, crude…

October 18, 2023 14:21 IST

private capex, government capex, fixed assets, investments, manufacturing companies, Atmanirbhar Bharat, capacity utilisation, corporate profitability, commercial sector, economic growth

Economists revise CAD estimates for FY24 after it narrowed to 1.1% in Q1

The sequential widening of the CAD to $9.2 billion in Q1FY24 from $1.3 billion in Q4FY23 was mainly due to…

October 3, 2023 14:35 IST

CRISIL says decline in India’s growth slowing down; projects CAD to soften to 1.8% this fiscal

The CRISIL report said that the overall goods exports remain under pressure as global growth is softening and purchasing power…

September 25, 2023 08:24 IST

With a flailing global economy focus on merchandise trade & services export: Dr C Rangarajan

Dr C Rangarajan tells Financial Express Online merchandise trade deficit is still high and needs close monitoring. India’s performance in…

Updated: June 30, 2023 08:20 IST

CAD narrows to 0.2% of GDP in Q4 FY23 on lower trade deficit, higher services exports

Private transfer receipts in the January-March period, mainly representing remittances by Indians employed overseas, increased to USD 28.6 billion, up…

June 27, 2023 18:34 IST

current account defict, current account deficit in q4, indian economy,

CAD likely narrowed further in Q4 FY23: Finmin

This was led by forex reserves reaching an import coverage of 9.7 months and the CAD narrowing to a manageable…

April 26, 2023 05:30 IST

current account deficit, GDP, economy, services exports, forecast, domestic demand, trade deficit, RBI, imports, currency

India’s current account deficit likely narrowed to 2.7% of GDP in Q4

The median forecast of 22 economists polled March 16-23 showed a current account deficit of $23.0 billion in October-December 2022,…

March 24, 2023 09:44 IST

Trade deficit cheer brings hope; here’s what worked for India in January

Various sectors had an impact on India’s narrowing deficit, including exports of oil, electronic goods, oil meals and iron ores.

February 17, 2023 14:39 IST

Economic Survey 2023: Rupee may remain under depreciation pressure

Economic Survey 2023: The country’s current account deficit (CAD) widened to 4.4 per cent of the GDP in the quarter…

January 31, 2023 14:51 IST

Exports, imports, economy, current account deficit, Indian economy, recession, economy news

Exports fall 12.2%, trade deficit up; West’s incipient recession hits India

CAD may have peaked in Q2, but worries alive

January 17, 2023 05:55 IST

current account deficit, fiscal deficit, indian economy, rbi, monetary policy

Lead us not into temptation Premium Story

While impressive in its pace, the economic recovery, in level terms, remains significantly below that implied by the pre-pandemic growth…

Updated: December 15, 2022 08:29 IST

Slowdown in economic growth good for India, say economists; GDP expansion to ease; deficits more manageable

The International Monetary Fund earlier this year said India’s growth potential in the next five years has slipped to 6.2%…

Updated: November 29, 2022 11:40 IST

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Vietnamese EV giant VinFast debuts in India with two SUVs

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Vietnamese EV giant VinFast has made its debut in India with the launch of VF 6 and VF 7 models. VF 6 offers a 59.6-kWh battery and 468 km range, while VF 7 has two battery options and 438-532 km range. The company aims to expand its presence with 35 dealerships and 26 workshops, competing with other EVs in the market.

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