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CURRENT ACCOUNT DEFICIT INDIA
Gold imports may fall 15% in September after PM Modi’s call to curb purchasesGold imports may fall by fifteen percent this September, prompting Prime Minister Modi to call on citizens to restrict their purchases of t...- Trump pledged fiscal restraint. Instead, debt tops $40 trillion as borrowing costs riseUS debt: While voters may not focus on the issue until the country's fiscal problems translate into benefit cuts or tax hikes, the fallout ...
- Japanese Credit Rating Agency upgrades India’s sovereign rating to A- from BBB+Japanese Credit Rating Agency has upgraded India's sovereign rating to A- from BBB+. This upgrade reflects solid economic growth and effect...
- Japan’s JCRA upgrades India’s sovereign rating to A-, cites strong growth, financial stabilityJapan Credit Rating Agency (JCR) has upgraded India’s sovereign rating by one notch to A- from BBB+, with a Stable outlook, citing sustaine...
- India’s current account deficit widens to $4.2 billion in Q1 FY27India's current account deficit reached $4.2 billion in the first quarter of the fiscal year. This widening was primarily driven by a highe...
- Economy Stable Despite Global Turbulence; El Nino Risks Loom: Finance Ministry reportIndia's economic activity and external position show relative stability amid global risks. Domestic demand continues to support economic ac...
- Cloud computing: Weatherman sees weak rains in September, warns of farm risksIndia is preparing for an anticipated shortage of rainfall this September, likely affecting agricultural productivity and water availabilit...
- Apr-July fiscal gap touches 26.8% of full-year targetThe Centre's fiscal deficit for April-July FY27 stood at 26.8 percent of the budget estimate. This figure showed a slight decrease compared...
- India to witness above avg temperature in September; rainfall likely to be below normal: IMDThe India Meteorological Department (IMD) on Monday announced that monthly rainfall over India during September is most likely to be below ...
- India's fiscal deficit for April-July at Rs 4.55 lakh crore, narrows to 26.8% of FY27 aimIndia's fiscal deficit reached 4.55 lakh crore rupees through July. This figure represents 26.8% of the annual budget estimates for this ye...
- India’s August rains fall 16% below average, lowest in three yearsIndia's August rainfall registered sixteen percent below average, its lowest in three years. The El Nino weather pattern suppressed the mon...
- Sitharaman hails India's resilience amid global uncertainties, says govt protected farmers, householdsIndia maintained economic resilience by monitoring global events and focusing on domestic needs. The nation sustained over seven percent gr...
- India's FY27 growth seen at 7-7.2% as capex, domestic demand offset global headwinds: EYIndia's real GDP growth is likely to remain resilient at 7 per cent-7.2 per cent in FY27, supported by buoyant domestic demand and continue...
- India hits FY26 fiscal deficit target, stays on debt-cut path: Nirmala SitharamanIndia's Finance Minister confirmed achieving fiscal deficit targets for 2025-26. The government plans to reduce the debt-to-GDP ratio to fi...
- Charting the global economy: Price pressures continue to bubbleThe personal consumption expenditures price index, excluding food and energy, rose in line with expectations in July.
- India gets the rain in August, but monsoon deficit still widensIndia's monsoon rainfall deficit has widened to nearly fourteen percent. Erratic rainfall has hurt kharif crop sowing across several region...
- S&P retains India rating, keeps outlook stable on economic momentumLast year, S&P, the biggest of the global ratings firms, had raised its rating on India to 'BBB' from 'BBB-' after 18 years, citing the cou...
- S&P affirms India ratings at 'BBB/A-2' with 'stable' outlookS&P affirmed India's sovereign ratings at BBB/A-2 with a stable outlook. Strong economic fundamentals will help India withstand near-term p...
- US debt burden raises longer-term risks as borrowing costs riseUS government debt remains a cornerstone of global financial markets, but rising borrowing costs, persistent fiscal deficits and stronger c...
- India’s balance of payments slips into deficit in Q1FY27India faced a significant balance of payments deficit in the first quarter, reaching $8.1 billion. This setback was predominantly due to ca...
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