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CAD NEWS

India's external debt rises to $613.1 bn as of end-Dec: Govt

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. 

Gold imports up 6.4% to $13 billion in April-July this fiscal

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.

India within whisker of trade surplus in Q1 but Brexit risk, oil prices weigh

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.

CAD narrows to 1.3% of GDP in Dec quarter

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.

Trojan numbers

September 17, 2015 2:20 am

Improving current account deficit papers over struggling industrial growth.

CAD shrinks to 1.2 % on higher earnings, trade deficit decline

September 12, 2015 4:00 am

Experts say it is likely to fall further in the current year but pick up next year

CAD shrinks to 0.2% of GDP on lower trade deficit

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.

CAD narrows to 1.6% of GDP in Q3

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.

Gold imports up 6-fold, trade deficit hits 18-month high

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.

Govt set to impose fresh curbs to stem surge in gold imports

November 19, 2014 12:46 am

The finance ministry is considering bringing back the provisions of the 80:20 scheme, relaxed in May.

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