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Cad Declining Cad

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Highlights of India's economic outlook

 Following are the highlights of the Economic Outlook 2013-14 released by Prime Minister's Economic Advisory Council (PMEAC) Chairman C Rangarajan on Friday: GDP growth for 2013-14 lowered to 5.3%,......

India's CAD declines sharply to 1% of GDP in Q2

 India's current account deficit declined sharply to 1 per cent of the GDP or $8.3 billion in the second quarter of this financial year, mainly due to lower merchandise trade deficit and growth in......

Why Rupee Depreciation Should Not Be Resisted

 In this domestic and global context, calibrated depreciation will help rebalance external fundamentals, offset some of the tariff differentials with competitors, improve the competitiveness of......

CAD dips to $8.2 billion in September quarter

   CAD for FY16 is expected to remain at 1.5 per cent of GDP India’s current account deficit narrowed to $8.2 billion (1.6 per cent of gross domestic product) in the September 2015......

CAD seen to deteriorate in FY23 on costlier import

 India's current account deficit is expected to deteriorate in the current fiscal on account of costlier imports and tepid merchandise exports, according to the Finance Ministry's monthly economic......

Falling gold, oil prices will help India curb CAD

 Sharp decline in prices of gold and crude oil, coupled with softening inflation, augur well for the economy as it will help curb the Current Account Deficit, according to economists. "To a certain......

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