March 31, 2023 4:40 pm
Earlier this month, Reserve Bank of India Governor Shaktikanta Das said India's total external debt is well within manageable limits.
August 19, 2022 12:41 pm
Increase in gold and oil imports during the first four months of this fiscal contributed to a record trade deficit of USD 30 billion, against USD 10.63 billion in April-July 2021.
June 16, 2016 8:34 pm
Its overall BoP was in the black for the second consecutive quarter in January-March, and for all of 2015-16, although the surplus narrowed sharply from the first quarter of 2015 due to lower foreign investments.
March 22, 2016 1:45 am
According to the RBI, CAD narrowed to 1.4 per cent in April-December 2015 from 1.7 per cent in the year-ago period on the back of the contraction in the trade deficit.
September 17, 2015 2:20 am
Improving current account deficit papers over struggling industrial growth.
September 12, 2015 4:00 am
Experts say it is likely to fall further in the current year but pick up next year
June 11, 2015 4:58 am
For the full year, CAD tracked the trade deficit and shrank to $27.5 billion in 2014-15 (1.3 per cent of GDP) from $32.4 billion (1.7 per cent) a year ago.
March 11, 2015 2:02 am
During the nine months ended December 2014, CAD declined to 1.7 per cent from 2.3 per cent in the same period a year ago.
December 16, 2014 2:15 am
Exports grew by 7.27 per cent to $25.96 billion after shrinking by a little over 5 per cent in October.
November 19, 2014 12:46 am
The finance ministry is considering bringing back the provisions of the 80:20 scheme, relaxed in May.