Fiscal deficit, inflation under control, eco in revival mode: FM Jaitley

Last Updated: Monday, August 24, 2015, 16:00

The Economic Survey presented by Jaitley in February had projected a growth rate of 8.1 to 8.5 per cent for the current financial year.

Indian Oil stake sale floor price set at Rs 387 a share

Last Updated: Saturday, August 22, 2015, 18:35

The government has set a floor price for the sale of shares in top state-run refiner Indian Oil Corp Ltd at Rs 387 each, the company said, a two percent discount from Friday`s close.

Japan's trade deficit narrows but export volumes stumble

Last Updated: Wednesday, August 19, 2015, 08:54

The finance ministry said Japan`s monthly deficit came in at 268.05 billion yen ($2.15 billion), well below 966.5 billion yen a year earlier.

Gold imports jump 62.2% to $2.96 billion in July

Last Updated: Friday, August 14, 2015, 20:34

After declining in June, Gold imports jumped 62.2 percent to USD 2.96 billion last month, a development which will have adverse bearing on India's current account deficit (CAD).

Exports continue to slide for 8th month; dip 10.3% in July

Last Updated: Friday, August 14, 2015, 19:26

Hit by global slowdown, India's exports contracted for the eighth straight month by 10.3 percent in July to USD 23.13 billion, pushing the trade deficit to USD 12.81 billion.

China yuan devaluation to hit India's exports: FIEO

Last Updated: Tuesday, August 11, 2015, 21:57

India's exports will be hit and the trade deficit might widen after the devaluation of Chinese currency yuan by 2 percent, which is bound to raise the competitiveness of outbound shipments from the neighbouring country, exporters' body FIEO said Tuesday.

India's trade deficit with China at $8 bn in April-May: Sitharaman

Last Updated: Friday, August 7, 2015, 19:32

India`s trade deficit with China touched $8 billion during April-May of this fiscal, while the figure for 2014-15 has grown to $48.47 billion from $36.2 billion in 2013-14, parliament was told on Friday.

India's CAD likely to widen in June quarter: Report

Last Updated: Sunday, August 2, 2015, 13:55

India's current account deficit (CAD) is likely to widen in the June quarter to 1.8-2.0 percent of GDP while for the current financial year, it is likely to remain under control, says a DBS report.

April-June fiscal deficit at 51.6% of Budget estimates

Last Updated: Saturday, August 1, 2015, 00:32

The fiscal deficit in the first three months of current fiscal stood at Rs 2.86 lakh crore or 51.6 per cent of Budget estimates for 2015-16.

Govt cuts tariff value on imported gold for 2nd straight week

Last Updated: Friday, July 24, 2015, 14:02

The government on Friday slashed the import tariff value on gold for the second straight week to USD 354 per 10 gm in line with weak global prices of the precious metal.

Fall in gold prices not yet a concern for rupee: Nomura

Last Updated: Thursday, July 23, 2015, 15:46

Decline in gold prices is not likely to add pressure to India's current account deficit or the domestic currency, as the metal's appeal has diminished, Nomura said in a research note today.

Japan's trade deficit stands at 69 billion yen

Last Updated: Thursday, July 23, 2015, 10:52

On a customs-cleared basis, exports of the world's largest economy increased 9.5 percent from a year earlier, while imports dropped 2.9 percent, reported Xinhua citing the ministry.