India CAD

India CAD News

CAD narrows to $4.2 bn in Q3 on lower trade deficit

CAD was at $4.2 bn, which is 0.9% of GDP, in Q3FY14, significantly lower from $31.9 bn (6.5% of GDP) in the same period in FY13.

India's current account vulnerability falls,but risks remain

'The decrease was due to a pick-up in exports and a slump in gold imports.'


Gold jewellery exports fall 6.9 pct in October

India,which is fighting hard to reduce its CAD,has put measures in place to restrict gold imports.

On Diwali eve,FM P. Chidambaram urges industry to invest more

Finance Minister re-estimates CAD will be reined in at $60 billion this fiscal.

HSBC lowers India CAD forecast to 3.4 per cent

Govt plans to bring down current account deficit (CAD) to 3.7 pc or $70 billion.

CAD can be contained at $70 billion this fiscal: Raghuram Rajan

Higher gold imports,slowdown in exports are among main factors in pushing CAD to a record high.


Will contain CAD below USD 70 bn: P Chidambaram

Finance Minister asserts that the government has the capacity to overcome 'this period of stress'.

Indian economy will grow in excess of 5 pct,says Arvind Mayaram

Govt,Arvind Mayaram said,has announced austerity measures to keep expenditure in check.

Expect lower CAD in coming months: India Inc

Global economic situation on mend,our exports should continue to march ahead in coming months.

Double digit export growth likely to continue in August: Com Secy

In July,exports registered a growth rate of 11.64 per cent,the most in nearly two years.