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Current Account Deficit
Business  /  Published 17.05.21

April gold imports up to $6.3bn

Gold imports, which have a bearing on the country’s current account deficit (CAD), zoomed to $6.3 billion in April because of a surge in domestic demand, according to commerce ministry data. Si...
By PTI in New Delhi

Business  /  Published 01.10.20

Current account surplus leaps to $19.8 billion

India’s current account surplus (CAS) rose to a record $19.8 billion, or 3.9 per cent of  GDP, in the April-June quarter as a contracting economy led to a steep decline in imports compared ...
By Our Special Correspondent in Mumbai

Business  /  Published 01.07.20

Fiscal deficit widens to Rs 4.66 lakh crore

Fiscal deficit during the first two months of the current financial year widened to Rs 4.66 lakh crore, or 58.6 per cent of the budget estimates, mainly on account of poor tax collection during the lo...
By Our Bureau in New Delhi

Business  /  Published 14.06.20

Current account deficit reaps benefit

A fall in oil demand during the lockdown has reduced the prices and the amount of import but has helped to reduce the import bill as well as the country’s current account deficit at a time the Modi ...
By R. Suryamurthy in New Delhi

Business  /  Published 20.01.19

Gold duty cut on agenda

The interim budget could cut the import duty on gold by half to about 5 per cent as the softening of crude prices and lower imports of the yellow metal have reduced the worries over the current accoun...
By R. Suryamurthy in New Delhi

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Business  /  Published 29.11.18

Rupee rallies, stocks surge

The rupee on Thursday surged past the 70-mark to a three-month high against the dollar, while key stock indices settled at their highest level in two months following dovish comments from the US Feder...
By Our Special Correspondent in Mumbai

Opinion  /  Published 07.07.19

Budget lacklustre, on expected lines

The hype about the Union budget of India is perhaps one of the colonial relics of the economy that was rehabilitated in a period of media boom. After all, there is no reason for which government polic...
By Partha Ray

Business  /  Published 14.10.18

Pause on import duty hikes

The government may not go for another round of import duty hikes on any more items and could take other measures to contain the impact of the rupee’s slide on the current account deficit (CAD), an o...
By PTI in New Delhi

Business  /  Published 06.10.18

More steps to cut CAD on cards

Finance minister Arun Jaitley on Saturday said there are some more steps on the anvil to narrow the current account deficit (CAD) and bolster forex inflows. The government has taken some steps and som...
By Our Special Correspondent in New Delhi

Opinion  /  Published 20.09.18

Import curbs could scupper growth

This must count as a classic knee-jerk reaction to a snowballing problem. Last week, the Centre announced the first set of measures designed to clamp down on a soaring current account deficit and cran...
By The Editorial Board


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