Search For "current account"
India's current account deficit widens to 2.8 per cent of GDP in April-Jun
Updated : 3 years, 8 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, 10 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, 10 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, 10 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, 10 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, 10 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, 10 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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Snapping 4-day losses, Indian stock indices open with minor gains
Updated : 3 years, 10 months ago IST
New Delhi [India], July 15 (ANI): Snapping a four-day losing streak, Indian stock indices opened with minor gains on Thursday.
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India's services sector saw recovery on improved demand: Finance Ministry
Updated : 3 years, 10 months ago IST
New Delhi [India], July 15 (ANI): India's services sector has witnessed a broad-based recovery in sales revenues in both nominal and real terms during the January-March 2022 quarter 2022, the Ministry of Finance said in its latest Monthly Economic Review report.
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India's current account deficit expected to deteriorate in FY23: Finance M
Updated : 3 years, 10 months ago IST
New Delhi [India], July 15 (ANI): India's current account deficit, meaning a shortfall between the imports and exports, is expected to deteriorate in 2022-23 if recession concerns do not lead to a sustained and meaningful reduction in the prices of food and energy commodities, the Ministry o
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Pakistan's external debt servicing rises to USD 10.886 billion
Updated : 3 years, 10 months ago IST
Karachi [Pakistan], July 13 (ANI): Pakistan's external debt servicing rose to USD 10.886 billion in the first three quarters of 2021-22 compared to USD 13.38bn in the entire FY21.
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Prolonged Russia-Ukraine conflict to intensify Pakistan's economic woes
Updated : 3 years, 10 months ago IST
Islamabad [Pakistan], July 12 (ANI): Pakistan, which is reeling under high inflation, sliding forex reserves, widening current account deficit and depreciating currency, is bracing for the worst economic woes due to the prolonged Russia-Ukraine conflict.
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