Gold imports jump 82 pc to USD 5.62 bn in April; silver by 157 pcIndia saw a significant jump in gold imports in April, reaching USD 5.62 billion. This surge was driven by high prices. However, the govern...
15 May, 2026, 06.47 PM IST
PM Modi wants Indians to buy less gold but jewellers suggest three ways to save forex without any sacrificesAmidst calls to conserve forex, the All India Jewellers and Goldsmith Federation proposed a dedicated bullion bank and revamped gold moneti...
12 May, 2026, 11.06 AM IST
India's gold import: How it impacts our economy | An explainerIndia's gold imports are at an all-time high, reaching $71.98 billion in 2025-26. This surge is driven by increased prices and trade agreem...
12 May, 2026, 10.26 AM IST
FCNR FD interest rates: SBI vs PNB vs HDFC Bank vs ICICI Bank - which gives you best rates; eligibility and taxation on interest explainedFCNR interest remains exempt from tax as long as the depositor qualifies as an NRI or resident but RNOR under Section 10(15)(iv)(fa) of the...
29 Apr, 2026, 01.35 PM IST
Gold imports rise by nearly 29% to $69 bn in Apr-Feb 2025-26India's gold imports saw a significant rise of 28.73 percent, reaching USD 69 billion in the first eleven months of fiscal 2025-26. This su...
05 Apr, 2026, 08.05 PM IST
Current account gap stood at 1.1% of GDP in Q3The current account deficit was recorded at $11.5 billion, or 1.1% of the gross domestic product (GDP), in the third quarter of the 2024-25...
28 Mar, 2025, 06.07 PM IST
India's CAD narrows to 1.2% of GDP in Q3 due to higher service costsIndia's current account deficit (CAD) decreased in the October-December quarter of fiscal year 2023/24 to $10.5 billion, or 1.2% of GDP, co...
26 Mar, 2024, 06.07 PM IST
Better save than worry: Why RBI must ensure more timely and updated data on HHNFSHHNFS are essential because they are the principal instruments for financing the fiscal deficit. In the post-Covid period, the corporate se...
23 Aug, 2023, 11.11 PM IST
CAD doubles to $ 8.2 bn in Q3; analysts see better nos aheadMany analysts are of the opinion that the continuing decline in crude prices will see the country posting a current account surplus in the ...
10 Mar, 2015, 09.37 PM IST
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...
27 May, 2014, 08.34 PM IST
Raghuram Rajan says time not ripe for lifting curbs on gold importsThe RBI said it is not the right time to take back measures it adopted to control rising current account deficit, but favoured removing cur...
18 Dec, 2013, 06.45 PM IST
Current Account Deficit narrows to $5.2 billion in Q2India’s external sector balance sheet improved with the CAD contracting sharply to 1.25% of gross domestic product in Sept.
03 Dec, 2013, 03.38 AM IST
CAD for Q1 widens to $21.8 billion, stands at 4.9% of GDPCAD, the difference between inflow and outflow of foreign exchange, was 4.4 per cent or $16.9 billion in the same quarter of last fiscal, 2...
30 Sep, 2013, 06.18 PM IST
Moderation in gold import to lower CAD in 2013-14: RBIFinance Minister P Chidambaram last week had appealed to people not to buy gold and instead invest in financial instruments.
17 Jun, 2013, 01.48 PM IST
RBI will cut rates if the rupee stabilises: Indranil Sengupta, DSP Merrill Lynch"If the rains are good, then that may be able to offset rupee depreciation."
12 Jun, 2013, 07.01 PM IST
- Government, RBI may take more steps to contain CAD: FinMin
The CAD "widened from 5.4% in Q2 to a record high of 6.7% of GDP in Q3, driven mainly by large trade deficit," as per data released by RBI.
28 Mar, 2013, 07.16 PM IST
Q3 FY13 current account deficit at record high of 6.7% of GDPAccording to data released by the Reserve Bank of India (RBI), the widening of the deficit happened on account of larger trade deficit.
28 Mar, 2013, 05.24 PM IST