"current-account-deficit-cad"

Calling Rs 90 per dollar ‘“not a big concern’ may calm markets, but it masks deeper structural flaws in the economy

Slowing domestic growth, widening trade deficit, and persistent foreign fund outflows fuel depreciation

"Reserve Bank of India Governor Shaktikanta Das experienced acidity and was admitted in Apollo Hospital, Chennai for observation,” said an RBI spokesperson

New Delhi: India’s gold imports, which have a bearing on the country’s current account deficit (CAD), surged by about 73 per cent to USD 45.1 billion during April-February this fiscal on account of higher demand, according to official data. The imports stood at USD 26.11 billion in April-February 2021. In February 2022, however, imports of […]

Silver imports during the last fiscal, however, dipped by 71 per cent to about USD 791 million.

The decline in gold imports has helped in narrowing the country's trade deficit to USD 84.62 billion during the 11-month of the current fiscal, as against USD 151.37 billion a year ago.