India's Q1 current account deficit at 36-quarter high of $28.4 bn: Ind-Ra
Ind-Ra expects India’s merchandise exports to slow down despite touching a record high of $121.2 billion in Q1 FY23
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Capital inflows to remain muted in Q2, can’t bridge CAD: CMIE
The drawdown in forex reserves is expected to continue in the September quarter, despite the possibility of lower capital outflows and improvement in current account deficit.
Centre closely watching current account deficit: FM Sitharaman
FM Nirmala Sitharaman told the parliament that the government has hiked customs duty, while the RBI has announced measures to rein in current account deficit.
Current account deficit faces high global prices menace: FinMin
Absence of a sustained and meaningful reduction on food and energy commodities will cause current account deficit to widen in FY23, says finance ministry.
Crisil cuts India’s GDP growth forecast at 7.3% for FY23
Higher oil prices, slowing global demand for India’s exports, and elevated inflation have dragged India’s GDP growth lower, says Crisil.
India's current account deficit dips 1.5% to $13.4bn in March quarter
Sequential decline in current account deficit in Q4 FY22 was mainly due to moderation in the trade deficit and lower net outgo of primary income.
Current account deficit at three-year high of 1.38%: India Ratings
The rating agency expects the current account deficit to have moderated to $17.3 billion (1.96% of GDP) in the fourth quarter of FY22.
India's current account deficit at nine-year high
The current account deficit was at 2.7% of the GDP in the third quarter of financial year 2021-22.
Russia-Ukraine war: Feb trade data grim alert for India as crude spikes
Though, Russia is a marginal trade partner with barely 1.4% of India's import and 0.9% of exports, spike in crude and commodity prices will elevate inflation and dent consumer demand.
India to be the third largest economy by 2031: Report
According to a BofA Securities report, the Covid-19 shock could delay India touching the GDP of Japan by three years. In their latest estimates, it will now happen by 2031 if the economy grows at 9%.
