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.
06 Oct 2018 11:17 AM
MPC said that the recent excise duty cuts on petrol and diesel will moderate retail inflation.
05 Oct 2018 4:31 PM
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.
30 Sep 2018 5:58 AM
The rupee touched an all-time closing low of 72.91 against the dollar on September 12.
27 Sep 2018 1:19 AM
Centre likely to levy higher import duty on steel items.
20 Sep 2018 1:34 AM
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.
15 Sep 2018 3:49 PM
The official said a depreciating rupee and high crude import bill would definitely put pressure on the country's current account deficit.
13 Sep 2018 12:49 PM
Decline of rupee is not secular as the Indian currency has strengthened against British Pound, Euro, Chinese Yuan and Japanese Yen.
11 Sep 2018 9:10 AM
In value terms, the CAD was higher at USD 15.8 billion in April-June this year.
07 Sep 2018 6:15 PM
Moody's expects the current account deficit to widen to 2.5 per cent of GDP.
29 Aug 2018 2:58 PM
The merchandise trade imbalance is also expected to rise to USD 188 billion in FY19.
27 Aug 2018 3:11 PM
Macroeconomic outlook broadly favorable and growth forecast rising to 7.3 per cent in FY 2018-19.
27 Aug 2018 9:28 AM
The rupee on August 16 had slumped to a life-time low of 70.32 on strong demand for the US dollar.
25 Aug 2018 10:17 AM
Likely to drain out liquidity; force RBI to keep interest rates elevated.
15 Aug 2018 4:48 AM
Current account deficit is projected to widen further to 2.6 pc of GDP on rising oil prices and strong demand for imports.
09 Aug 2018 9:29 AM
China has reported a current account deficit of USD 28.3 billion in the first half of this year.
08 Aug 2018 12:34 PM
Silver imports grew by 31 per cent to USD 267.33 million in March.
13 Apr 2018 6:47 PM
Investor sentiment will be cautious, weighing on the local currency, as three major states are going to polls this year.
02 Apr 2018 12:30 PM
Prasanna expects India’s CAD to stand at 2 per cent of GDP in the fiscal year ending in March 2018.
17 Mar 2018 1:41 AM
CAD refers to the difference between inflow and outflow of foreign exchange that has a bearing on the exchange rate.
01 Nov 2017 3:56 PM