TopicCurrent Account Deficit

Topic: Current Account Deficit

Economic slowdown narrows India’s Q4 current account deficit to lowest in 2 years

Anirban Nag - June 29, 2019

The deficit was $4.6 billion in the January-March period, or 0.7 per cent of GDP.

Palm oil producers hope India’s Diwali buying will boost their fortunes

Anuradha Raghu - October 11, 2018

With production in top growers climbing & prices hovering near 3-year lows, last chance to arrest palm oil’s decline is Indian demand ahead of Diwali.

Pakistan to seek IMF bailout as forex reserves fall dangerously

Kamran Haider - October 9, 2018

Pakistan’s forex reserves have plunged 40% in 2018 to lowest in almost 4 years. It’s running twin current-account and budget deficits of more than 5% of GDP.

Duty on 19 items increased: Back to License-Raj era or essential to cut down import bill?

ThePrint Team - September 27, 2018

The government has hiked import duty on 19 items, including washing machines, air conditioners, footwear, diamonds, jet fuel, as part of its plan to...

Rupee rout prompts Modi govt to raise customs duties on $12 billion of goods

Swansy Afonso - September 27, 2018

The taxes on 19 items will be effective Thursday as Modi govt seeks to narrow the current-account deficit and support the rupee.

Modi govt wants RBI to step up efforts to support falling rupee

Anto Antony - September 10, 2018

Government officials communicated last week with RBI on the need to intervene more aggressively in the market to support the rupee.

8 percent Indian bond yield is not enough to meet the demand-supply mismatch, flags pimco

Kartik Goyal - June 11, 2018

Due to risks from higher oil prices, rising debt supply and a weakening currency, Pacific Investment Management Co. and Schroder Investment Management Ltd. are wary of adding to holdings in Asia’s highest-yielding major market.

India’s oil import addiction is the slick to the economy

Mihir Sharma - May 2, 2018

The country’s reliance on monsoon and oil prices equals a not so sunny current account deficit.

Pearls imports fine print hint at capital flight from India

Nupur Acharya - April 18, 2018

Trade deficit widened by $1.7 billion in March with jewelry and stones driving a large part of the increase.

With US-China trade war heating up, the sorry state of India’s exports may worsen

Subrata Panda - April 18, 2018

World Bank report expresses concern over falling exports; elevated exchange rate, capital crunch due to GST, among others, seen as major causes.

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Topic: Current Account Deficit

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