CAD narrows to 1.2% of GDP at $6.2 billion in Q1

Last Updated: Friday, September 11, 2015, 20:03

The June quarter CAD figure is lower than USD 7.8 billion, or 1.6 percent of GDP, in the year-ago period, but higher than 0.2 percent for the March quarter.

Indirect tax collection growth shows economy improving: CEA

Last Updated: Wednesday, August 12, 2015, 12:14

The Finance Ministry on Wednesday said a steady 37 percent growth in indirect tax collections in four months to July reflects that underlying momentum in the economy is improving.

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.

Exports losing steam, may lead to job losses: FIEO

Last Updated: Saturday, June 27, 2015, 17:17

"If exports continue to move in the negative territory, it will sooner or later put pressure on CAD (current account deficit) and may derail the rebuilding of economy."

Current account deficit shrinks to 1-year low at 0.2%

Last Updated: Wednesday, June 10, 2015, 19:45

Current Account Deficit (CAD) fell sharply to its lowest level in a year at USD 1.3 billion or 0.2 percent of GDP in the fourth quarter of 2014-15, as trade gap narrowed on lower oil prices and robust foreign inflows.

RBI estimates current account deficit at 1.5% in FY16

Last Updated: Tuesday, June 2, 2015, 15:34

Current account deficit is estimated to be around 1.5 percent of the GDP in the current fiscal, helped by sharp fall in oil prices even as gold imports rose in the past few months, the Reserve Bank said on Tuesday.

CAD likely to be 1.5% in 2015-16: HSBC

Last Updated: Tuesday, May 19, 2015, 18:31

The CAD in the first half of fiscal year 2014-2015 was 1.9 percent of GDP (USD 18 billion).

Gold imports rise 78.33% at $3.13 billion in April

Last Updated: Friday, May 15, 2015, 20:00

The CAD in the first half of this fiscal declined to 1.9% of GDP ($18 bn) from 3.1% ($27 bn).

Economy recovering, despondency on its way out: Arun Jaitley

Last Updated: Thursday, May 14, 2015, 23:01

Finance Minister Arun Jaitley Thursday said the economy was in a recovery mode with inflation and fiscal deficit under control and despondency giving way to a positive environment.

Gold imports up 19.5% at $34.32 billion in FY15

Last Updated: Monday, May 4, 2015, 15:29

Gold imports surged 19.5 percent to reach USD 34.32 billion in 2014-15 due to declining prices and easing of restrictions by the Reserve Bank.

CAD may decline to 0.9% of GDP in FY15: Report

Last Updated: Tuesday, April 21, 2015, 19:15

The current account deficit for 2014-15 is expected to narrow down further to 0.9 percent of GDP due to subdued external demand and cooling commodity prices, a report said Tuesday.