current account deficit
Some more steps likely to narrow current account deficit, says Jaitley
Govt cut borrowing target for the current fiscal by Rs 70,000 cr and allowed oil cos to raise USD 10 bn in one year.
RBI maintains status quo; warns volatile oil prices pose risk to inflation
MPC said that the recent excise duty cuts on petrol and diesel will moderate retail inflation.
‘High oil prices will put pressure on current account deficit, rupee’
A lot of money used to come into Indian market because the difference between interest rates of India and US market were high, says Sunil Kumar Sinha.
Govt raises import duty; ACs, flying to get costlier
The rupee touched an all-time closing low of 72.91 against the dollar on September 12.
Non-essential imports to be curbed, says Garg
Centre likely to levy higher import duty on steel items.
Govt should focus on boosting exports, import curbs may not help control CAD: FIEO
Trade deficit soared to a near five-year high of USD 18 billion in July, but dipped slightly at USD 17.4 billion in August.
Govt determined to contain fiscal deficit at 3.3 per cent
The official said a depreciating rupee and high crude import bill would definitely put pressure on the country's current account deficit.
FinMin in touch with RBI for market intervention to contain rupee value
Decline of rupee is not secular as the Indian currency has strengthened against British Pound, Euro, Chinese Yuan and Japanese Yen.
Current account deficit eases marginally to 2.4 pc of GDP in Q1 FY2019: RBI
In value terms, the CAD was higher at USD 15.8 billion in April-June this year.
India may breach 3.3 pc fiscal deficit target as oil prices rise: Moody's
Moody's expects the current account deficit to widen to 2.5 per cent of GDP.