Search For "current account deficit"
Productivity driven growth fuels optimistic economic outlook for India: Mo
Updated : 1 year, 11 months ago IST
The report says productivity driven growth will contribute to a favourable outlook for India. With inflation projected at 4.5 per cent in the next fiscal and current account deficit forecasted to remain below 1.5 per cent of GDP during the same period.
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October-December current account deficit at USD 10.5 bn vs USD 16.8 bn (Yo
Updated : 1 year, 11 months ago IST
India's current account balance recorded a deficit of USD 10.5 billion (1.2 per cent of GDP) in Q3: 2023-24.
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Current Account Deficit expected to reach year's high of 1.2 % of GDP in F
Updated : 2 years ago IST
According to a press release, this forecast represents a marginal increase from the previous quarter's deficit of 1.0 per cent of GDP and marks a year's high, surpassing the deficit recorded in the corresponding quarter of the previous fiscal year (3QFY23: USD16.8 billion, 2.0 per cent of GD
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"2004-2014 was decade of decay": Maharashtra Deputy CM Fadnavis at Viksit
Updated : 2 years ago IST
Comparing the times of the earlier Congress regime with that of the Narendra Modi government, Fadnavis said, "During UPA, inflation was in double digits which has come down to 5 per cent...FDI (Foreign Direct Investment) inflow was 36 billion dollars which has come to 85 billion dollars now.
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India's current account deficit narrows in July-September: RBI
Updated : 2 years, 2 months ago IST
A current account deficit is when a country's total value of imports exceeds the total value of exports. The CAD numbers are a key indicator for any economy.
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India's balance of payments shows improvement in Q1: 2023-24
Updated : 2 years, 5 months ago IST
One of the standout features of India's BoP in Q1: 2023-24 was the substantial narrowing of the Current Account Deficit (CAD). The CAD decreased to USD 9.2 billion, equivalent to 1.1 per cent of GDP, showing an improvement from US$ 17.9 billion, or 2.1 per cent of GDP, in the same quarter of
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Current account deficit financing to be easier after index inclusion: Chie
Updated : 2 years, 5 months ago IST
Nageswaran said, “The Indian government bond market is the third largest among emerging economies after China and Brazil. But we all know that the following ownership is currently less than 2 per cent, one of the lowest compared to other emerging markets”.
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India's Jan-March current account deficit narrows to 0.2 pc of GDP
Updated : 2 years, 8 months ago IST
India's current account deficit narrowed sharply in the January-March 2023 quarter, RBI data showed on Tuesday, attributable to a moderation in the trade deficit and robust services exports.
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Will Pakistan be able to avert looming recession?
Updated : 3 years ago IST
Pakistan faces a crippling economic crisis, with decades-high inflation and critically low foreign exchange reserves depleted by continued debt repayment obligations.
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Current account deficit for first half of 2022-23 at 3.3 pc of GDP: RBI Gu
Updated : 3 years, 1 month ago IST
RBI Governor Shaktikanta Das said, "The situation has shown improvement in Q3:2022-23 (third quarter or October-December) as imports moderated in the wake of lower commodity prices, resulting in narrowing of the merchandise trade deficit."
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International Monetary Fund demands more details on Pakistan's budget
Updated : 3 years, 1 month ago IST
A government official said that the remaining loan repayment requirements and external financing of managing the current account deficit to the tune of USD 8 to USD 10 billion cannot be raised of the stalled IMF programme.
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World Bank slashes Pakistan GDP growth projection to 2 per cent
Updated : 3 years, 2 months ago IST
Pakistan's economic condition is precarious with low foreign exchange reserves and large fiscal and current account deficits, has further worsened by severe flooding.
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