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Latest Articles in current account deficit

The $400 Billion Question

Does India need such a high level of foreign exchange reserves which, parked in us treasury bonds, earn one per cent annual interest? Two, can the reserves be put to more productive use?

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CAD Likely At 1.5% Of GDP In 2017; Funding Not A Constraint: Nomura

The current account deficit increased to $ 14.3 billion, or 2.4 per cent of gross domestic product (GDP) in the April-June quarter of this year

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CAD Widens To USD 14.3 bn Or 2.4% In Q1 On High Trade Deficit

"The widening of the CAD on a year-on-year basis was primarily on account of a higher trade deficit, which was at USD 41.2 billion brought about by a larger increase in merchandise imports relative to exports," RBI said.

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Gold Imports Jump Over 2-Fold To $13.35 Billion In April-July

Gold imports, which has bearing on the country's current account deficit (CAD), stood at $4.97 billion in April-July 2016-17

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Govt Hikes Gold Bond Investment Limit To 4 Kg Per Fiscal

The ceiling will be counted on financial year basis and will include the SGBs purchased during trading in the secondary market, an official statement said after the Cabinet meeting

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CAD To Widen Significantly To 1.6 Per Cent Of GDP In 2017, Says Report

India's current account deficit (CAD) is expected to widen to 1.6 per cent of GDP this year from 0.5 per cent in 2016, owing to higher commodity prices and an expected strong domestic recovery, says a report

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Q3 Current Account Deficit Grows To 1.4%, But Halves In April-December

The current account deficit increased to $7.9 billion, or 1.4 per cent of GDP, in the December quarter due to a fall in services exports, the Reserve Bank has said

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India's Current Account Gap Widens In Q3 As Imports Rise

India's current account deficit widened in July-September from the previous quarter after an increase in imports but it remains well below levels posted in 2015

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India Posts Surprise Current Account Deficit On Slower Remittances

India posted a current account deficit of $300 million, or 0.1 per cent of gross domestic product, in the April-June quarter, contrasting with expectations for a surplus of nearly $4 billion

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CAD May Slip Below 1% This Fiscal, Says Arvind Subramanian

Current Account Deficit may dip below 1 per cent in FY17 owing to low global crude prices, while the Brexit is likely to impact India as the global economy will slow down after Britain's decision to leave the EU, Chief Economic Advisor Arvind Subramanian said

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Ind-Ra Lowers FY17 CAD Estimate To 1.3-1.5%

India Ratings and Research has revised its FY17 estimate for the country's current account deficit to 1.3-1.5 per cent of GDP from 1.2 per cent due to lower remittances and lower software earnings in fourth quarter for the current fiscal

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India Within Whisker Of Trade Surplus In Q1 But Brexit Risk, Oil Prices Weigh

India's current account deficit narrowed sharply to $0.3 billion, or 0.1 per cent of GDP, in the fourth quarter of 2015-16 from $7.1 billion, or 1.3 per cent, in third quarter, on account of lower trade gap

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Indian Economy Like 'One-eyed' King In Land Of Blind: Raghuram Rajan

The RBI Governor says a bunch of good things have happened in India, but there are still some things to do

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