Page 5 - Current Account Deficit

Current account deficit could cross 5% in 2022 if crude hits $150/barrel

India's CAD expanded to 2.7 per cent of GDP in the December quarter from 1.3 per cent in September quarter on account of higher import bill

India's current account deficit widens to 2.7% of GDP in Q3

The current account deficit was $9.9 bn in the second quarter ended Sep 2021 and $2.2 bn a year ago

India's Oct-Dec current account deficit widens to 2.7% of GDP

In the preceding quarter, the shortfall stood at $9.9 billion or 1.3% of GDP, RBI data showed

Best of BS Opinion: Reflection of time, irreversible damage & more

Here are the best of BS Opinion pieces of the day

Safe for now, macro economy may take a hit if Russian-Ukraine war stretches

A feeble impact is already being felt, and if the conflict stretches way beyond March, it could have implications on growth, inflation, fiscal deficit and current account deficit

Ukraine war: SBI sees CAD at 3.5% if crude boils; GDP growth at 7.1%

The rupee is the worst hit emerging market currency since the invasion of Ukraine by Russia and the resultant sweeping economic sanctions against Moscow

Surge in commodity prices may push CAD to 2.8% of GDP in Q3: Report

The report said although the Omicron-led Covid wave has subsided, the geopolitical risks to the global recovery have increased due to the Russia-Ukraine conflict

High net exports signal rising pressure on India's current account deficit

Geopolitical risks, hardening commodity prices may push it up more: Experts

Russia-Ukraine crisis to widen India's current account deficit: Ind-Ra

The crisis is expected to increase prices of mineral fuels and oils, gems and jewellery, edible oils and fertilisers

Rising crude prices drive up bond yield, threaten to derail fiscal maths

High oil prices also feed into inflation, necessitating the central bank to be more hawkish in its monetary policy than it so far it has conducted itself

India's current account slips into deficit in second quarter

Net services receipts decreased marginally over the preceding quarter but increased on a year-on-year basis

CAD seen hitting 1.4% or $45 bn by March as crude soars: Report

India's widening current account deficit is set to put pressure on the fragile recovery, warns a brokerage report that has revised upwards its CAD forecast to $45 billion or 1.4% of GDP by March

Current account comes under pressure from oil, gold and coal imports

However, current account deficit won't be unmanageable as was the case in 2011-13, say experts

Rising commodity prices to push CAD to 1.3% or $40 bn this fiscal: Report

Given the sharp increase in global commodity prices, particularly oil, concerns about current account deficit (CAD) and its serviceability have resurfaced

India current account records surplus in three months to end-June

The surplus stood at 0.9% of the gross domestic product in the latest quarter

India's CAD stood at 1% of GDP in Q4FY21, full year in surplus at 0.9%

Experts say surge in gold imports contributed to widening of CAD in Q4FY21, in spite of spike in exports

India records current account deficit of 0.2% in Dec quarter: RBI data

However, the current account remained in surplus at 1.7% for Apr-Dec 2020 as against in a deficit of 1.2% in Apr-Dec 2019

India's public finances and private sector at taper tantrum risk

India is the third most indebted country among major emerging markets, behind Argentina and Brazil.

India likely to post current account surplus after 17 years: Survey

India is likely to post a current account surplus after a gap of 17 years, the survey said

Bright days ahead for India, emerging market equities in 2021 and beyond

The performance of Indian equities will mirror a larger trend of EMs doing better than developed markets