Gold imports up 6.4% to $13 billion in Q1

India's gold imports, which have a bearing on the country's Current Account Deficit (CAD), rose 6.4 per cent to $12.9 billion during April-July this fiscal due to healthy demand, according to......

Moody's on how the falling rupee will hit India

Attributing rupee fall to widening current account deficit, Moody's said, depreciating value of the domestic currency is likely to inflate the fuel subsidy bill, weaken the credit quality of oil......

Current Account Deficit widens to 4.9 per cent of GDP

India's current account deficit was narrower than expected at $21.8 billion, or 4.9 per cent of gross domestic product, in the June quarter, data released on Monday showed. Still, it was wider than......

RBI slows pace of interest rate hikes but hints at more to come

The Reserve Bank of India slowed the pace of interest-rate increases for the second straight time when it on Wednesday expectedly increased borrowing cost by 25 basis points but hinted more to come......