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Current Account Deficit (cad)

Sep 25, 2016 at 14:58 | Source: PTI
Foreign investors have pumped Rs 9,500 crore (USD 1.4 billion) into the country's capital markets so far this month, driven by sound progress on rollout of GST and contraction in current account deficit (CAD).
Sep 22, 2016 at 18:32 | Source: PTI
The country's current account deficitis likely to be at 0.4 per cent of GDP this fiscal and balanceof payment will continue to remain surplus despite FCNR (B)redemptions, according to a report.
Sep 22, 2016 at 15:04 | Source: Moneycontrol.com
Persistently, low oil prices have affected overseas workers income. About half of Indias USD 70 billion-odd NRI remittances originate from the Gulf countries, the region worst affected by record-low crude oil prices and subdued global economic activity.
Sep 22, 2016 at 13:34 | Source: PTI
"The amount realised through the 5th tranche of SGB scheme is expected to cross Rs 820 crore. This was mobilised through over 2 lakh applications representing around 2.37 tonnes of gold.
Sep 22, 2016 at 09:11 | Source: CNBC-TV18
Anant Narayan of Standard Chartered Bank, said that the current trend of risk-on play should continue. We are seeing inflows coming through, he said, adding that FCNR repayment ought to be contained. He believes the RBI will continue to mop up dollars.
Sep 21, 2016 at 18:58 | Source: CNBC-TV18
Anubhuti Sahay, Head Of South Asia Economic Research, Standard Chartered Bank says the balance of payments surplus of USD 7 billion on the back of better than expected capital inflows is a big positive.
Sep 21, 2016 at 18:30 | Source: PTI
The current account deficit (CAD) narrowed sharply to just USD 300 million, or 0.1 percent of GDP, in the June quarter, driven by lower trade deficit on deeper import contraction, the Reserve Bank said today.
Sep 20, 2016 at 16:57 | Source: PTI
Gold imports more than halved to USD 6.08 billion in the first five months of 2016-17, which is expected to keep a lid on the current account deficit.
Sep 19, 2016 at 20:12 | Source: PTI
The Finance Ministry will pitch for the country's rating upgrade with global agency Moody's on Wednesday, highlighting increased pace of reforms including the GST, declining inflation and improvement in fiscal as well as current account deficit situation.
Sep 18, 2016 at 12:52 | Source: PTI
The country's current account islikely to be in surplus in the first quarter of this financialyear, says a Citigroup report.
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Foreign investors have pumped Rs 9,500 crore (USD 1.4 billion) into the country's capital markets so far this month, driven by sound progress on rollout of GST and contraction in current account deficit (CAD).

2.58 PM Sep 25th

Wire News

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The current account deficit (CAD) narrowed sharply to just USD 300 million, or 0.1 per cent of GDP, in the June quarter, driven by lower trade deficit on deeper import contraction, the Reserve Bank said today.

6.30 PM Sep 21st

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Source:DNA India - It looks like gold prices are set to soar. The Reserve Bank of India (RBI) may, under extreme conditions, consider limiting the value and quantum of banks gold imports as a tool to rein in any runway current account deficit (CAD). CAD is the outcome of imports exceeding exports

12.57 PM Feb 7th 2013

rajesh_gopa
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with stricter monitoring of gold loan NBFCs is the prescription, made by a RBI working committee on gold related issues be it gold import or loan. Alternative investment opportunities in gold will help curb the menace of current account deficit (CAD) on the back of higher imports. Strengthening the regulatory

7.36 PM Feb 6th 2013

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Banking & Financial Services - Sector  

Source:Business Standard - While announcing the cut in repo rates by 0.25 per cent and cut in cash reserve rates by 0.25 per cent, the Reserve Bank of India (RBI) governor flagged the widening current account deficit (CAD) as a major risk, especially in the context of slowing growth and high fiscal

10.35 AM Feb 4th 2013

josekiss

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Economy  

-11, Nomura said. This is likely to push burgeoning current account deficit (CAD) to historic high of 5 percent in FY’13, the report said. A country’s savings rate usually refers to the percentage of gross domestic product (GDP) savings by households. According to government data released over weekend

5.37 PM Feb 3rd 2013

valiaparamb
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Account Deficit (CAD), and so forth.... Regards

11.24 AM Feb 3rd 2013

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The finance minister wants interest rates to be reduced steadily in order to push up growth and investment. The Reserve Bank of India, despite being unconvinced on inflation and the current account deficit (CAD), has obliged recently by cutting repo rates.

2.00 PM Feb 1st 2013

valiaparamb
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Adi Godrej, HDFC Bank`s Mr Keiki Mistry and a few others for the time being, both these people have been been vociferous with their views for several months. 2. What makes RBI Gov shy to move in the popular direction are: Sticky inflation, and sticky Current Account Deficits (CAD). 3. FIIs would

12.42 PM Feb 1st 2013

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Source:Financial Express - New Delhi: Hard-pressed to take urgent steps to curb gold imports feeding the current account deficit (CAD), the government on Monday hiked import duty on gold and platinum to 6% from 4% with immediate effect. The government also decided to allow mutual funds

2.52 PM Jan 30th 2013

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