next target for Reserve Bank of India is to bring inflation down to its medium-term target of 4 per cent by 2024...

Previous high was in October-December 2012 when the CAD touched $32.6 billion...

Current account deficit for July-September was much above estimates of around $35 billion...

The median forecast of 18 economists in a poll conducted by Reuters showed $35.5 billion CAD in Q2, which is 4.3 per cent of India’s GDP...

Sources say buoyant tax collections will be enough to bear Rs 44,762 crore additional expense on free ration distribution...

With the Indian rupee near a record low of around 80 to the US dollar and a worsening trade gap, worries over the size of the current account shortfall for Asia’s third-largest economy set to intens...

Icra says CAD in the first quarter has already crossed $30 billion on account of higher commodity prices, equivalent to 80 per cent of full year CAD for the last fiscal...

Indian exports, which did very well last year, may not do as well this year, because the economies of importing countries are slowing down: Chief economic adviser...

Rupee closed at a record low of 79.37 against dollar over fears of widening of CAD following an all-time high trade deficit in June...

For the first nine months of the fiscal, the current account deficit came at 1.2 per cent of GDP against a surplus of 1.7 per cent in the April-December 2020 period...