Page 2 - Cad

Rupee at 80: Little relief on the cards from high trade deficit

Due to global risk aversion on the back of geo-political tensions and aggressive policy tightening by the Fed, the dollar has appreciated against most currencies, including the rupee

Global recession fears may ease inflationary pressures: Govt report

Review released by ministry also said that global headwinds would continue to pose downside risk to growth as crude oil and edible oils, remain major imported components

CAD as percentage of GDP: Nowhere near 2012-13 level, yet worrisome

If up to $50 billion is withdrawn from forex reserves to finance CAD, the country would still be able to meet nine month's imports. Any withdrawal beyond this could pose a problem

RBI takes steps to attract foreign flows, says growth prospects stay strong

RBI said that despite the headwinds from geopolitical developments, elevated crude oil prices and tighter external financial conditions, high frequency indicators point to an ongoing recovery in sever

CAD reduces sequentially to 1.5% of GDP in Q4 as trade deficit moderates

The current account was in deficit to the tune of $ 8.1 billion (1 per cent of GDP) a year ago (Q4 of FY21)

CAD will be sustainable, can be financed by normal capital inflows: RBI Guv

The number of unicorns, or new businesses valued at over $1 billion, is rising rapidly

Ukraine war: Icra sees serious downside risks to growth; CAD to cross 3.2%

The highest CAD was in FY13 when it crossed the 4.8 percentage points and the second high was in FY12 when it was at 4.3 per cent

India's current account deficit narrows to $1.4 bn in December quarter

The CAD is a critical indicator of the macroeconomic health and represents the gap between the overall foreign exchange expended and received in the economy.

Top 10 biz headlines: Forever 21 to shut shop, core sector output, and more

From Forever 21 filing for bankruptcy to core sector output declining by 0.5%, here are the top 10 business headlines on Tuesday

India's current account deficit narrows to 2% of GDP in June quarter

Private transfer receipts, mainly representing remittances, rose 6.2 per cent to $19.9 billion

CAD likely to worsen, expected at $10 bn for FY17: Citigroup

CAD stood at $3.4 billion in July-September of 2016, much higher than $300 million in the previous quarter

Will India's current account deficit dive?

Brexit or no Brexit, India is better prepared for any turmoil this time than it was 3 years ago

India's March quarter CAD narrows to 0.1% of GDP

For the entire FY16, CAD stood at $22.1 billion against $26.8 billion for FY15

Current account deficit to be closer to 1.3% of GDP: India Ratings

CAD, difference between inflow and outflow of foreign exchange, came in at 1.3% in 2014-15, 1.7% in 2013-14 and a record high of 4.8% of GDP in 2012-13

India's current account deficit falls in Q3

It dropped to $7.1 billion or 1.3% of GDP in the third quarter of FY16.