Search For "current account deficit"
Current account deficit to print at $16-17 billion in Q1 FY20: ICRA
Updated : 6 years, 7 months ago IST
New Delhi [India], July 21 (ANI): India's current account deficit (CAD) is expected to remain largely steady at 16 billion to 17 billion dollars or 2.3 per cent of GDP in the first quarter (April to June) of the current fiscal year 2019-20 despite recent contraction in merchandise exports an
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India's forex reserves comfortable, CAD within manageable level: Economic
Updated : 6 years, 8 months ago IST
New Delhi [India], July 4 (ANI): India's foreign exchange reserves continue to be comfortably placed in excess of 400 billion dollars and the current account deficit (CAD) is within manageable levels, Finance Minister Nirmala Sitharaman said on Thursday while tabling the Economic Survey 2018
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Current account deficit narrows to $4.6 billion in Q4 FY19: RBI
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], June 28 (ANI): India's current account deficit (CAD) totalled 4.6 billion dollars or 0.7 per cent of the GDP in the fourth quarter (January to March) of 2018-19, the Reserve Bank of India (RBI) said on Friday.
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Govt increases customs duty on 19 items to curb imports; air travel, house
Updated : 7 years, 5 months ago IST
New Delhi [India], Sept 26 (ANI): The Central Government on Wednesday announced new tariff measures by increasing the basic customs duty of 19 items to curb import of certain products. The government said that these changes are aimed at narrowing the Current Account Deficit (CAD). The total
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Centre to announce restrictions on non-essential import items shortly
Updated : 7 years, 5 months ago IST
New Delhi [India], Sep 19 (ANI): Economic Affairs Secretary Subhash Chandra Garg on Wednesday informed that government will announce restrictions on non-essential import items very soon.
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Measures to control CAD will churn benefit of USD 8-10 billion: DEA secret
Updated : 7 years, 6 months ago IST
New Delhi [India], Sep 15 (ANI): Economic affairs secretary Subhash Chandra Garg on Friday expressed hope that the new measures taken to tackle higher Current Account Deficit (CAD) would have an impact of nearly USD 8-10 billion.
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Govt. announces 5 measures to tackle higher current account deficit
Updated : 7 years, 6 months ago IST
New Delhi [India], Sep 14 (ANI): Finance Minister Arun Jaitley on Friday said that a broad policy decision has been taken to address the issue of expanding CAD (Current Account Deficit) under which the government will take necessary steps to cut down non-essential imports and also increas
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Experts blame depreciating Rupee, fuel price hike for Sensex, Nifty plunge
Updated : 7 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sep 10 (ANI): Market analysts on Monday stated that the decline in the value of the Indian Rupee against the US Dollar and the sky-rocketing prices of crude oil were amongst the primary reasons for the plunging Sensex and Nifty indices.
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Pakistan at risk of debt distress due to CPEC: U.S. senators
Updated : 7 years, 6 months ago IST
Washington D.C.[USA] September 04 (ANI): As newly elected government in Pakistan headed by Prime Minister Imran Khan is willing to pursue an International Monetary Fund (IMF) bailout, a group of United States Senators have asserted that Islamabad is at risk of debt distress due to rising cur
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Moody's expects India to meet its fiscal deficit target of 3.3.percent
Updated : 7 years, 9 months ago IST
New York [United States], June 7 (ANI): Credit ratings agency Moody's on Thursday said that it expects India to meet its fiscal deficit target of 3.3.percent of GDP for fiscal 2018-19, based on the incumbent government's commitment towards fiscal consolidation as well as its "achievable" bud
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Pak's current account deficit rises due to CPEC: ADB report
Updated : 7 years, 11 months ago IST
Islamabad [Pakistan], Apr. 17 (ANI): Pakistan's current account deficit (CAD) has risen to 4.5 per cent mainly due to the smooth implementation of projects under the USD 63 billion China-Pakistan Economic Corridor (CPEC), according to a report by Asian Development Bank (ADB).
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SBI's economic report on oil price hike, impact on CAD released
Updated : 8 years, 4 months ago IST
New Delhi [India], Nov 8 (ANI): The Economic Research Department of State Bank of India (SBI) has released a report on oil price hike and how unlikely it is to impact the Current account deficit (CAD) and how inflation could stretch fiscal.
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