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INVISIBLE RECEIPTS GROWTH
India's current account deficit to stand at 1.8% of GDP for FY27: ICICI Bank Global Market ReportIndia is expected to see a current account deficit of 1.8 per cent of GDP in FY27 as against around 2 per cent projected earlier. This adju...- India's current account surplus at $7.1 bn in Q4 FY26, aided by robust services exports and remittancesIndia achieved a current account surplus of $7.1 billion in Q4 FY26, driven by robust services exports and remittances. Despite a growing m...
- Services, remittances boost India's invisible inflows to $464 billion in FY26Receipts from the services sector, which accounted for two-third of the total, climbed about 9% to $310 billion, data showed. These are kno...
- India's invisible receipts grow 56% to $464.189 billion in April-Dec periodIndia's inward receipts from international trade in services, incomes, and remittances surged by 56% to $464.189 billion in the first nine ...
- Let the money roll right inIndia should push for more worker visas with developed economies to help inward remittances grow.
- What are BoP, CAD, current account data telling us about the state of the economy?Current account in 4QFY20 registered a surplus of $0.6 billion (0.1% of GDP) against $2.6 billion deficit in 3QFY20 (0.4% of GDP).
- Despite soaring gold import,lower crude narrows CAD to 2%in Q1During the quarter, foreign portfolio investment recorded net inflow of USD 4.8 billion as against an outflow of USD 8.1 billion in Q1 of 2...
- MNCs, FIIs took out a record $48.9 billion in 2018High valuations of Indian growth assets may also have prompted some exits.
- Current account deficit narrows to 1.6 per cent of GDP in Q2The July-September balance of payments deficit was $0.9 billion from surplus $11.4 billion in the previous quarter, according to the Reserv...
- Analysts see FY'15 CAD rising to 2.1-2.6% on growing importsRBI data showed that a massive contraction in the trade deficit, coupled with a rise in net invisibles receipts, resulted in a reduction of...
- Q2 CAD plunges to $5.2 billion versus $21 billion YoYCAD for the second quarter of the current financial year plunged to $5.2 billion versus $21 billion year-on-year.
- Rupee might come under pressure as foreign investors send back dividends“The CAD is increasingly financed by fresh capital flows, particularly debt which, in turn, adds to the interest burden, setting off a feed...
- Rupee fall: RBI will intervene in forex market only on volatility, says GovtOn the concerns related with current account deficit, it said capital flows are relatively flat and remittances and NRI deposits are stable.
- Current account deficit widens to $13.2 bn in Q4India’s current account deficit in the January to March quarter widened sharply to $13.2 billion from $1.2 billion a year ago, owing to a s...
- Federal debt poses risks, says BuffettThe US must address the massive amounts of ‘monetary medicine’ that have been pumped into the financial system and now pose threats to the ...
- Record BoP surplus yr ago turns $17.8 billion deficit in Q3The deepening of the financial crisis has taken its toll on the country’s external sector balance-sheet .
- Current, capital accounts display wider deficitsThe deepening of the financial crisis has taken its toll on the country’s external sector balance-sheet.
- Country's current a/c deficit at 1.5 pc of GDP in 2007-08: RBIA high import bill has turned India's current account balance into deficit of $1.04 billion in the fourth quarter of 2007-08 against $4.25 ...
- High non-oil import pushes trade deficit in Q1 to $21.6 bnThe report pointed out that during Q1, the country paid less for each barrel of imported crude oil as the average Indian basket of crude oi...
- Rising oil prices to widen trade deficitThe turnaround in India’s current account in the fourth quarter of ‘06 (Q4’06) is unlikely to last in the coming quarters, with global crud...
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