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 ...

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...

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 ...

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...

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...

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...

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...

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...

India’s infrastructure sector contracted 1.5 per cent in November against a growth of 3.3 per cent a year ago. The infrastructure index, comprising eight industries, has reported negative growth si...

A higher trade gap fuelled by rising crude oil prices pushed India’s current account deficit (CAD) to near three per cent in the second quarter of this fiscal year.Data released by the Reserve Bank ...