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...
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...