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Latest Articles in cad

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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Sensex Recovers 100 Points On Narrowing CAD, Global Cues

The Sensex rebounded by 100 points to finish at 26,625.91 on gains in FMCG, auto and realty stocks, driven by a lower current account deficit and trade gap coupled with revival in global cues

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Sensex Up 189 Points In Early Trade On Lower CAD, Trade Gap

The Sensex staged a sharp recovery of 189 points to 26,714.26 in early trade on Friday as fresh buying by investors led to widespread gains, driven by lower current account deficit and trade gap for last 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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Swing To Modest Surplus Sets Tone For India's Balance Of Payments

India's balance of payments swung to a surplus in October-December, marking a modest upturn in its financial position that analysts believe may prove resistant to global economic fragility

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July-September Current Account Deficit Widens To 1.6% Of GDP

India's current account deficit in the July-September quarter widened to $8.2 billion, or 1.6 per cent of gross domestic product, from $6.2 billion, or 1.2 per cent of GDP, a quarter earlier, the central bank said on Tuesday

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Siddhivinayak Temple Set To Give Modi Government's Gold Scheme A Boost

Shree Siddhivinayak temple may soon make the first substantial contribution to Prime Minister Narendra Modi's plan to recycle tonnes of idle bullion to reduce imports and the country's current account deficit.

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