India's current account deficit narrowed to 2.5% of GDP sequentially in the December quarter (Q3)India's fiscal deficit in the 11 months to February 2019 rose to 134% of the budgeted target
3 min read30 Mar 2019Current account deficit widened to $19.1 billion in the July-September quarter, from $6.9 billion, or 1.1% of GDP, a year ago
1 min read7 Dec 2018The divergence in the $136 billion in India IT exports penciled in by Nasscom against $77 billion estimated RBI is primarily on account of how the two groups classify the revenue, says Nasscom chairman Rishad Premji
3 min read7 Dec 2018It will look at the end-March 2019 CPI projection to calculate where policy rates need to be currently
4 min read25 Sep 2018Nomura expects balance of payment to remain a challenge in 2018-19 as basic BOP (current account plus net FDI) is negative and FPI also remain negative
1 min read19 Aug 2018The overall balance of payments may also slip into a deficit this fiscal, as capital inflows may be insufficient to cover the current account deficit
1 min read23 Apr 2018The current account deficit in the October-December period widened to 2.0% of GDP, or $13.5 billion, up from 1.4%, or $8.0 billion, in the year-ago period, RBI data showed
1 min read17 Mar 2018India's current account deficit (CAD) in July-September widened to 1.2% of gross domestic product (GDP), or $7.2 billion as against 0.6% or $3.4 billion in the same period a year ago
1 min read14 Dec 2017If the government had not taken action to slow the process of capital-account liberalization in 2016, the results could have been truly devastating
4 min read2 Nov 2017The commerce ministry will soon release the next edition of its consolidated FDI policy document, incorporating all the changes made over the past year, says a senior official
1 min read24 Aug 2017The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared