"current-account-deficit"

India should focus on expanding trade with developed countries rather than developing nations, leveraging its skilled and cost-effective labour advantage

Pakistan has a chronic balance of payments problem which exacerbated last year with the country's forex reserves declining to critical levels

New Delhi: India’s gold imports, which have a bearing on the country’s Current Account Deficit (CAD), rose 6.4 per cent to USD 12.9 billion during April-July this fiscal due to healthy demand, according to government data. The imports stood at USD 12 billion during the same period a year ago. In July 2022, however, imports […]