current account deficit - Latest News, Analysis, Opinion

Latest Articles in current account deficit

Pakistan's Current Account Deficit Shrank By 90% In January: SBP

According to the central bank, the current account deficit was USD 3.80 billion in July-January of the current fiscal year 2023, compared to USD 11.56 billion in the same period of the previous fiscal year 2022

India's Current Account Deficit To Inch Up To 3.5% In FY23: Report

BW Online Bureau

Economy

According to the report, imports are higher at USD 437 billion in FYTD23 versus USD 328 billion last year

India's Current Account Deficit Widens To 2.7% Of GDP During Oct-Dec

BW Online Bureau

Economy

The health of the current account, which is a key indicator of a country's external strength, has deteriorated when compared to the preceding September quarter as well as the year-ago period

Survey Pins Hope On GST Revenue Collections To Rein In Fiscal Deficit

BW Online Bureau

Economy India

In 2019-20, the Centre's fiscal deficit was budgeted at Rs 7.04 lakh crore (3.3 per cent of GDP) as compared to Rs 6.49 lakh crore (3.4 per cent of GDP) in 2018-19.

Rupee Rises 67 Paise Against US Dollar On Falling Crude Prices

BW Online Bureau

Economy

The rise in the rupee was also supported by dollar-selling by exporters and banks and the US unit's weakness against some currencies overseas, traders said

Sensex Tanks Over 500 Points On Weak Global Cues, Sinking Rupee

BW Online Bureau

Companies & Markets Markets Stock Market

Amid weakening rupee, fears of a widening Current Account Deficit (CAD) and dim global cues, the BSE Sensex tumbled 527.94 points to fall at 35,447.69 in early trade today

Sensex Collapses 505 Points On Rupee Gloom, Global Woes

BW Online Bureau

Companies & Markets Markets Stock Market

Amid worries over US-China Trade war and pertinent rupee crisis, the BSE Sensex crashed below 38,000 level and Nifty too plunged below 11,400 mark

Rupee Nosedives Below 72-Mark, Touches New Closing Low Of 72.45

BW Online Bureau

Companies & Markets Markets Stock Market

Amid concerns of escalating global trade war and speculative dollar demand, Rupee plummeted to a life-low of 72.45

Nifty Closes At 11,438, Down 151 Points Amid Rupee Woes

BW Online Bureau

Companies & Markets Markets Stock Market

NSE Nifty plunged sharply by 151 points to close at 11,438 owing to losses in energy, financials and pharma stocks as well as rupee touching an all-time low of 72.67 per dollar

Sensex Dips 200 Points On Weak Global Cues; Nifty Below 11,550

BW Online Bureau

Companies & Markets Markets Stock Market

In early trade today, BSE Sensex dropped to 38,182.97 on negative global cues and widening current account deficit, Nifty too shed 44.50 points to fall at 11,544.60

Rupee Hits New Low Of 72.12, Tumbles 37 Paise Against US Dollar

BW Online Bureau

Companies & Markets Markets Stock Market

Amid concerns over sustained foreign capital outflows and widening Current Account Deficit, Rupee slumped to breach 72 mark against the US dollar in the afternoon trade

The $400 Billion Question

Minhaz Merchant

Columns

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?

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

BW Online Bureau

Economy India

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

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

BW Online Bureau

Economy India

"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.