Search For "current account deficit"
Gold: Policies to shape a new look economy
Updated : 3 years, 2 months ago IST
New Delhi [India], January 3 (ANI/Mediawire): India shares a dichotomous relationship with gold. But the yellow metal could also turn into a catalyst for economic growth. Here's how. India's mad rush for gold has been ill-defined these years. Yes, we are the nation of the land of the golden
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India's current account deficit widens in July-September quarter: RBI data
Updated : 3 years, 2 months ago IST
India's current account balance recorded a deficit of USD 36.4 billion (4.4 per cent of GDP) in Q2 of 2022-23 (July-September), up from USD 18.2 billion (2.2 per cent of GDP)1 in Q1 (April-June), RBI's balance of payments (BoP) data showed on Thursday.
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Bangladesh's current account deficit widens as imports surge: Report
Updated : 3 years, 3 months ago IST
The widening of the deficit implies that the pressure on the foreign exchange market continues to remain high, The DailyStar reported.
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As economic situation looks gloomy in Pakistan, IMF advises strict measure
Updated : 3 years, 4 months ago IST
The International Monetary Fund has called on Pakistan to impose additional taxes worth PKR 600 billion
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India's foreign exchange reserves to remain robust; CAD to be contained at
Updated : 3 years, 4 months ago IST
Hong Kong, October 19 (ANI): India's external buffers appear sufficient to cushion risks associated with rapid monetary policy tightening in the US and high global commodity prices, says Fitch Ratings.
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India's current account deficit widens to 2.8 per cent of GDP in April-Jun
Updated : 3 years, 5 months ago IST
Mumbai (Maharashtra) [India], September 29 (ANI): India's current account deficit (CAD) widened to $23.9 billion or 2.8 per cent of the country's gross domestic product (GDP) in April-June period of the current financial year from $13.4 billion recorded in the previous quarter, as per data r
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India's 2022-23 fiscal deficit may come at 6.5 pc, says SBI Research
Updated : 3 years, 7 months ago IST
New Delhi [India], August 5 (ANI): India's fiscal deficit, the difference between revenue and expenditure, is expected to be around 6.5 per cent of gross domestic product, against the Budget estimate of 6.4 per cent, SBI Research said in its weekly report.
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Pakistan's current account deficit surges to USD 17.4 billion
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], July 29 (ANI): In spite of multiple actions taken by Pakistan, its current account deficit has surged to USD 17.4 billion or 4.6 pc the size of the economy during the last fiscal year on the rising trade deficit.
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Pakistan's economic outlook is uncertain, blurry
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], July 29 (ANI): The ongoing political unrest in Pakistan is increasing economic uncertainty, causing the rupee to depreciate, and impacting the cost of production.
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Pakistan: The Nuclear Power without a Stable Economy
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], July 24 (ANI): Pakistan may have nuclear capabilities however the country is fighting with its fast exhausting foreign currency reserves and widening fiscal and current account deficits, along with a rupee that has lost almost 20 per cent of its value in just 7 month
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Rupee at 80 against US dollar; here's some pros and cons of a weak currenc
Updated : 3 years, 7 months ago IST
New Delhi [India], July 21 (ANI): The Indian rupee this week slipped below the psychologically important level of 80 against the US dollar for the first time even as high crude oil prices amid tighter global supplies boosted demands for the American currency.
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Rupee on brink of 80 against US dollar; here's what caused it
Updated : 3 years, 8 months ago IST
New Delhi [India], July 15 (ANI): The rupee has witnessed a consistent depreciation against the US dollar with multiple all-time lows in 2022, and is now only a whisker away from touching the 80 mark. The value of rupee depreciated by around 6 per cent this year.
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