India's gold imports rise 26.7% to $35.95 bn in Apr-Dec FY24

India's gold imports, which have a bearing on the country's current account deficit (CAD), increased 26.7 per cent to $35.95 billion during the April-December of this fiscal due to healthy demand,......

Rs Least Volatile Against $ In 30 Years

Market participants attribute the stability to the RBI's timely intervention in the foreign exchange market, both in terms of selling and buying dollars. Photograph: Kind courtesy Rupixen/Pixabay......

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......

CAD narrows to 0.2% of GDP in Q4 on lower trade deficit

India's current account deficit narrowed to $1.3 billion or 0.2 per cent of GDP in the January-March quarter of FY23, mainly due to moderation in the trade deficit and a robust increase in services......