#current-account-deficit
Moody’s rises India’s GDP forecast to 7%
Cites resilient domestic demand and strong investment, but warned that the West Asia crisis and El Niño could fuel inflation and widen the current account deficit
West Asia Conflict Makes Managing CAD and BoP a Top Priority : CEA Nageswaran
India's SIP boom may be weakening the rupee by enabling FPI exits: Jefferies
Jefferies has flipped the conventional rupee-weakness narrative on its head: it is not oil or the current account deficit doing the most damage — it is India's own SIP culture. By providing a steady domestic bid, retail investors have handed foreign instituti…
Fuel imports keep India's economy under pressure despite gold duty curbs: Kotak Securities official
India's economy is under pressure from high crude oil prices due to global crises. Experts warn that government actions may not fully resolve the issue. The country imports most of its crude oil, impacting its import bill and current account deficit. Rising d…
India considers several measures to stop current account deficit from widening further
India CAD: India is watching the fluctuations in the global economy as policymakers deliberate on strategies to address the growing current account deficit, Piyush Goyal said. With the rupee under pressure amid uncertain global trade dynamics, the latest figu…
Downside risks to economy have begun materializing as continued West Asia conflict casts shadow over India's trade outlook: Crisil
The escalating conflict in West Asia is emerging as a major risk for India’s economy, threatening trade flows, increasing import costs, and putting pressure on growth. Higher crude oil and transportation expenses are expected to widen India’s current account …
The $138 bn buffer: India’s most visible export can rescue the rupee
India is considering a policy push to accelerate overseas deployment of skilled workers as part of a broader strategy to support the rupee and strengthen remittance inflows amid rising external pressures, including a widening current account deficit and highe…
Current account deficit to widen to 2.3% of GDP in FY27 from 0.9% in FY26: Report
HSBC said it has assumed crude prices to average $95 a barrel, and combined it with sensitivities in oil, gold, core goods, services trade and remittances to arrive at a current account deficit of 2.3% of GDP in FY27 as against 0.9% in FY26
Current account deficit to widen to 2.3 per cent of GDP in FY27 from 0.9 pc in FY26: Report
India's current account deficit is expected to rise to 2.3 percent of GDP in FY27 from 0.9 percent in FY26. This widening deficit could strain foreign exchange reserves. Experts suggest policy changes like increasing fuel prices and operationalizing trade dea…
Higher duty may lead to gold demand lowering by 60 tonnes saving $2.5 billion: Economists
A hike in gold import duties is projected to trim annual demand by nearly 60 tonnes, potentially saving the exchequer $2.5 billion (approximately ₹24,000 crore) in import bills. While the move is designed to narrow the Current Account Deficit (CAD), analysts …
Higher duty may lead to gold demand lowering by 60 tonnes saving $2.5 billion: Economists
A hike in gold import duties is projected to trim annual demand by nearly 60 tonnes, potentially saving the exchequer $2.5 billion (approximately ₹24,000 crore) in import bills. While the move is designed to narrow the Current Account Deficit (CAD), analysts …
Brace for volatility as Indian market travels a tumultuous path
Domestic markets are likely to open on a weak note on Tuesday, with India facing multiple headwinds such as a weakening rupee, unabated selling by foreign portfolio investors, pressure on foreign reserves and a widening current-account deficit.
Why does Modi want Indians to curb their gold obsession?
India’s policymakers urge citizens to curb purchases of bullion as it adds pressure to the current account deficit, forex reserves and rupee as the Iran war persists