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.
October 30, 2014 10:12 am
To keep CAD in check, India needs to pay attention to the rising trade deficit in mining, not focus on gold imports.
September 02, 2014 1:16 am
Imports moderated by 6.5 per cent to $116.4 billion in the period under review from a 4.7 per cent growth in the first quarter of 2013-14.