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Page 9 - Current Account Deficit

Modi govt announces five-point plan to control current account deficit

Move to have $8-10 bn impact, says DEA secy; non-essential imports to be reduced; more initiatives soon

Modi govt announces five-point plan to control current account deficit
Updated On : 15 Sep 2018 | 1:42 AM IST

Structural reforms needed to fix CAD challenges

India's CAD is structural. Growth is not driven by exports

Structural reforms needed to fix CAD challenges
Updated On : 14 Sep 2018 | 12:40 AM IST

Rupee plunges to record low as current account deficit widens to 5-yr high

The worst may be yet to come as the crude import bill for India surged 76% in July from a year earlier to $10.2 bn

Rupee plunges to record low as current account deficit widens to 5-yr high
Updated On : 10 Sep 2018 | 1:22 PM IST

India's Q1 current account deficit (CAD) at 2.4% of GDP: RBI data

In value terms, the CAD was higher at $15.8 billion in April-June this year as against $15 billion in the same quarter of 2017-18

India's Q1 current account deficit (CAD) at 2.4% of GDP: RBI data
Updated On : 08 Sep 2018 | 2:25 AM IST

Current account deficit is likely to touch 2.8% of GDP in FY19: SBI report

The merchandise trade imbalance is also expected to rise to USD 188 billion in FY19, compared with USD 160 billion in FY18

Current account deficit is likely to touch 2.8% of GDP in FY19: SBI report
Updated On : 27 Aug 2018 | 6:18 PM IST

CAD set to widen; seen rising to 2.5% of GDP in June quarter: Icra

In the June quarter of FY18, CAD was $ 15 billion, and for the full year of FY18 it stood at 1.9 per cent of the GDP, Icra said in its report

CAD set to widen; seen rising to 2.5% of GDP in June quarter: Icra
Updated On : 19 Jul 2018 | 9:51 PM IST

Warnings on the external account: CAD could expand to 2013 levels

The government's approach to the crucial exports sector has been alternately backward-looking and coercive

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Updated On : 24 Apr 2018 | 5:59 AM IST

India's current account deficit to more than double to 1.5% of GDP in FY18

India's CAD rose sharply to $14.3 bn -- 2.4% of GDP -- at the end of first quarter of 2017-18

India's current account deficit to more than double to 1.5% of GDP in FY18
Updated On : 01 Nov 2017 | 2:58 PM IST

Q1 current account deficit widens sharply to 2.4% of GDP, says RBI

Widening of CAD primarily due to a higher trade deficit at $41.2 bn, says the central bank

Q1 current account deficit widens sharply to 2.4% of GDP, says RBI
Updated On : 16 Sep 2017 | 1:49 AM IST

Current account deficit may widen to 3% in Apr-Jun: Nomura

The report said despite the wider current account deficit, financing is not a concern

Current account deficit may widen to 3% in Apr-Jun: Nomura
Updated On : 07 Sep 2017 | 8:10 PM IST

Led by strong domest growth, CAD to widen to 1.3% of GDP in 2017: Nomura

Said India's trade deficit narrowed to $13 bn in June from $13.8 bn in May, wider than expected

Led by strong domest growth, CAD to widen to 1.3% of GDP in 2017: Nomura
Updated On : 18 Jul 2017 | 1:32 PM IST

CAD expected to be around 1.4% of GDP in 2017: Nomura

The key risks are rise in protectionism, weaker global growth or a surge in oil prices

CAD expected to be around 1.4% of GDP in 2017: Nomura
Updated On : 16 Jun 2017 | 5:06 PM IST

Current account deficit widens in Q4 to 0.6% y-o-y

The country's trade deficit narrowed to $112.4 billion in 2016-17

Current account deficit widens in Q4 to 0.6% y-o-y
Updated On : 16 Jun 2017 | 3:56 AM IST

Current account deficit soars to $3.4 bn as imports jump in Q4

Gap between forex earnings, expenses is narrowed from $8 billion in third quarter of FY17

Current account deficit soars to $3.4 bn as imports jump in Q4
Updated On : 15 Jun 2017 | 7:17 PM IST

Q3 current account deficit flat at 1.4%

Deficit rose from $3.4 billion, or 0.6% of the GDP, in the July-September period

Q3 current account deficit flat at 1.4%
Updated On : 24 Mar 2017 | 1:56 AM IST

Current account deficit rises in third quarter

CAD widened primarily on account of a decline in net invisible receipt

Current account deficit rises in third quarter
Updated On : 23 Mar 2017 | 7:12 PM IST

Current account deficit to increase 50% to $30 bn in 2017-18: ICRA

Net oil imports are expected to expand by 24 per cent to $67 bn in 2017-18 from $54 bn in 2016-17

Current account deficit to increase 50% to $30 bn in 2017-18: ICRA
Updated On : 09 Mar 2017 | 3:45 PM IST

Current account deficit narrows with import plunge in Q2

But on a sequential basis CAD higher than the $0.3 bn in April-June

Current account deficit narrows with import plunge in Q2
Updated On : 14 Dec 2016 | 12:44 AM IST

India's current account deficit to stay at $10.1 bn in FY17: Citigroup

Gold imports rose to $3.5 billion from $1.8 billion last month as jewellery demand increased in the festive season

India's current account deficit  to stay at $10.1 bn in FY17: Citigroup
Updated On : 17 Nov 2016 | 3:22 PM IST

Trade deficit lowers first quarter CAD

Contraction due to lower trade deficit; balance of payments stays positive

Trade deficit lowers first quarter CAD
Updated On : 22 Sep 2016 | 2:22 AM IST