Search For "balance of payments"
"$50 oil surge could wipe out 2% of India's GDP," warns Axis Bank's Neelka
Updated : 4 days, 19 hours ago IST
In an interview with ANI, Mishra highlighted that India's heavy reliance on imported "dense energy" makes it a primary target for global price volatility. "Every dollar increase per barrel costs approximately $1.8 billion annually. For instance, a $50 increase in oil prices represents a $90
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India's BoP outlook faces risks from West Asia crisis; CAD seen at 1.1-1.5
Updated : 1 week, 1 day ago IST
India's external sector outlook remains broadly manageable but faces rising risks from geopolitical developments in West Asia that could push up crude oil prices and widen the current account deficit (CAD), according to a recent research note by Yes Bank. The report noted that India recorded
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''If he wants sweeping tariffs, he should go to Congress'': Indian-America
Updated : 2 weeks, 6 days ago IST
Neal Katyal, a prominent Indian-American lawyer and former Acting Solicitor General of the United States, questions Trump's 15% global tariff under Section 122, citing DOJ's past stance that trade deficits differ from balance-of-payments issues. After Supreme Court struck down earlier tar
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White House confirms 10% import duty effective Feb 24 on goods after SC ru
Updated : 3 weeks ago IST
The US administration has imposed a 10 per cent ad valorem import duty on articles imported into the United States, after the Supreme Court struck down the reciprocal tariffs imposed by them under the IEEPA, terming them as illegal.
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Trump signs order for global 10 per cent tariff on all countries
Updated : 3 weeks ago IST
US President Donald Trump on Friday (US local time) signed an order making 10 per cent global tariff on all countries effective "almost immediately".
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MPC inflation forecasts show no systematic bias as RBI now uses 'suite of
Updated : 3 months, 2 weeks ago IST
Addressing the challenges of inflation and growth forecasting, especially given India's high food weight in the CPI basket, RBI Deputy Governor Poonam Gupta said the RBI now employs a "suite of models," high-frequency indicators, expert consultations, and updated data windows to minimise err
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India's BoP to remain negative for the year, but the magnitude would be lo
Updated : 12 months ago IST
Despite improvements in the current account deficit, muted net foreign direct investment (FDI) and continued outflow of foreign portfolio investment (FPI) suggest that the overall balance of payments (BoP) will continue to face pressure, said a report by ICICI Bank Global Markets.
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India's BoP strengthened by robust inflows from NRI deposits, external com
Updated : 1 year, 2 months ago IST
India's Balance of Payments (BoP) saw a significant improvement in the second quarter driven by strong inflows from Foreign Portfolio Investments (FPIs), External Commercial Borrowings (ECBs), and Non-Resident Indian (NRI) deposits, according to a report by Bank of Baroda.
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If FPIs outflows remain constant, India's BoP will be neutral for FY25: Re
Updated : 1 year, 2 months ago IST
India's current account deficit (CAD) widened slightly to USD 11.2bn (1.2% of GDP) in Q2 from USD 10.2bn (1.1% of GDP) in the previous quarter. However, there was a Balance of Payments (BoP) surplus of USD 23.8 billion was there in the first half (H1).
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Continuous sell off by foreign investors may put India's Balance of Paymen
Updated : 1 year, 4 months ago IST
Amid the ongoing sell off by the foreign investors, if it coupled with a sharp surge in the crude price it could put India Balance of Payments (BoP) under significant pressure, highlighted a report by DSP Asset Managers.
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RBI report shows India's forex reserves cover stands at 11.2 months of imp
Updated : 1 year, 4 months ago IST
The Reserve Bank of India (RBI) in its latest report stated that the country's foreign exchange reserves cover of imports (on balance of payments basis) stood at 11.2 months
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Bangladesh GDP growth to decelerate to 4 percent, says World Bank
Updated : 1 year, 4 months ago IST
Bangladesh's post-Covid recovery continues to be impacted by high inflation, balance of payments deficit, financial sector vulnerabilities, and increasingly limited job opportunities for its youth, especially women and educated youth, says the World Bank in its twice-yearly-update, released
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