The CAD for the 2nd quarter of 2018-19 was $19.1bn, against $6.9bn in the same quarter of 2017-18...

As a major importer of crude — close to 80% of its requirement is met through imports — any jump in prices would affect the country's fiscal deficit...

All large global economies, including China, are exhibiting definite signs of a slowdown...

The domestic unit surged a whopping 100 paise to breach the 73-mark and closed at 72.45 against the US dollar...

Oil prices are falling and factory orders are diminishing, reflecting slackening demand for goods...

Fresh plunge comes as Opec and non-Opec members head for weekend meeting...