Balance Of Payment

The risks facing Emerging Markets (EM) around long-standing US trade and defence agreements following Trump’s surprise election victory in November are being pared back.

April-June current account deficit narrows to 1.2% of GDP

India's current account deficit in the April-June quarter narrowed to USD 6.2 billion, or 1.2 percent of gross domestic product, from USD 7.8 billion, or 1.6 percent of GDP a year earlier, the Reserve Bank of India (RBI) said on Friday.

Rupee rise may not hit exports if global demand rises: Pros

With oil falling from USD 100 a barrel to USD 50 a barrel, Sajjid Chinoy, chief economist at JPMorgan India is expecting a current account surplus for the first time in eight years in the current January-March quarter.

Software sector is largest creator of jobs: Narayana Murthy

NR Narayana Murthy said that software industry has overtaken PSUs as biggest job creator in the country with about 32 lakh-strong workforce and further addition of two lakh new jobs a year.

'Rupee strengthens, but exports in better shape than China'

Sanjay Lalbhai, chairman and managing director of Arvind does not see foreign exchange volatility impacting the company‘s earnings. He is certain that the company will be able to maintain FY14 revenue growth guidance of 27 percent.

Not just a hope rally; add to cyclical positions: JPMorgan

Adrian Mowat of JPMorgan says the main thing that has changed for India and what most investors are betting on is the changing macroeconomic environment. Mowat believes the most important data point has been the improvement in Balance of Payment, which has moved from deficit to surplus.

Nomura cuts India's FY14 GDP forecast to 4.2%

According to Nomura, downside risks to the growth outlook have materialised with financial conditions tightening much more than anticipated.

Growth, CAD woes persist despite easing inflation: Barclays

While risks arising from high inflation and fiscal slippage have receded, concerns about growth and current account deficit have worsened, which may pull down GDP growth to about 6.2 percent next fiscal, says a Barclays report.

Market may see new highs next year: Raamdeo Agrawal

The Indian market has been consolidating for the last six-seven weeks. In an interview to CNBC-TV18, Raamdeo Agrawal, director and co founder of Motilal Oswal Financial Services says the valuations are attractive.

April-June current account deficit at USD 16.4 bn

India's current account deficit for the April-June quarter came in at USD16.4 billion, lower than another USD 17.4 billion in the first quarter of last year as well as lower than the USD 21.7 billion in the previous quarter, (Q4FY12).

Fix twin-deficit for growth supportive monetary policy

The message seems to be loud and clear; all ex-Central Bankers have joined the Governor (of RBI) to send clear signals to the Government to fix issues related to fiscal deficit and Balance of Payment to get RBI into growth supportive rescue act through accommodative monetary policy.

Rupee looks set for hard landing with target at 56-57:Moses

Rupee looks set for hard landing with target at 56-57, says Moses Harding, Head - ALCO and Economic & Market Research, IndusInd Bank.

Market's road ahead unclear; earnings weak: Raamdeo Agrawal

It was a difficult March series and there are more confusing times ahead, says Raamdeo Agrawal, Director & Co Founder, Motilal Oswal Financial Services.

Where does StanChart see Re trading in short-medium term?

Anant Narayan, MD- Regional Head of fixed Income & Currency Trading - South Asia, Standard Chartered Bank, in an interview on CNBC-TV18 says the rupee has shown a reasonable amount of spirit to the dollar, even though the medium-term fundamentals are negative for our currency.