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  India's current account deficit dips to 0.2% of GDP in Q4 FY23: RBI data

  Business | June 27, 2023 19:25 IST

  The trade deficit decreased to USD 52.6 billion from USD 71.3 billion in the previous quarter, which was primarily responsible for the sequential decline in CAD in the fourth quarter of the previous fiscal year. Additionally, robust service exports contributed to the decrease in CAD.

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  India's CAD for Q1 widens to four-year high of 2.4%

  September 15, 2017 20:49 IST

  Current account deficit (CAD) increased to $14.3 billion, or 2.4 % of GDP in Q1 of the current fiscal from $0.4 billion a year ago.

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  India's CAD narrows sharply to Rs 20 lakh crores on lower trade deficit

  June 16, 2016 20:51 IST

  Mumbai: India's current account deficit (CAD) narrowed sharply to USD 0.3 billion (Rs 20 lakh crores), or 0.1 per cent of GDP, in the fourth quarter of 2015-16 from USD 7.1 billion, or 1.3 per

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  Current Account Deficit narrows to 1.6% of GDP in Q2: RBI

  December 22, 2015 18:20 IST

  Mumbai: The current account deficit (CAD) narrowed to 1.6 per cent of GDP at USD 8.2 billion in the second quarter ended September, mainly due to lower trade deficit.The July-September CAD is lower than USD

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  Budget 2015: Fiscal deficit pegged at 3.9%; to reach 3% by FY'18

  February 28, 2015 12:27 IST

  New Delhi: Finance Minister Arun Jaitley today pegged fiscal deficit for 2015-16 at 3.9 per cent of GDP and proposed to lower it to 3 per cent by 2017-18, a year later than planned earlier.Unveiling

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  Economic Survey: CAD to slip below 1% next fiscal

  February 27, 2015 14:50 IST

  New Delhi: The Current Account Deficit (CAD) is expected to fall below 1 per cent in the next fiscal on the back of easing of global commodity prices including petroleum products, the Economic Survey 2014-15

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  First-ever 3D printed Durga idol to debut this puja

  India | September 08, 2014 14:52 IST

  Kolkata: In a unique concept marrying art and science, Kolkata will, in this Puja, host a digitally sculpted goddess Durga and her family, courtesy the application of 3D printing technology on paper.As 3D printing diversifies

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  CAD in India to be less than $40 bn: P. Chidambaram

  March 09, 2014 21:01 IST

  New Delhi: India's current account deficit (CAD) will be contained at less than USD 40 billion this financial year, well below the record level in 2012-13, Finance Minister P. Chidambaram said today.“On the CAD, the

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  CAD likely to remain lower in Q3 and Q4: India Ratings

  December 04, 2013 16:03 IST

  Mumbai: Pick-up in exports and decline in gold imports are likely to keep the country's Current Account Deficit lower during the rest of the fiscal as compared to the same period last year, a report

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  Confident of containing CAD below $60 billion: Chidambaram

  November 05, 2013 17:16 IST

  New Delhi: Finance Minister P Chidambaram today exuded confidence that India's current account deficit(CAD) will be contained below USD 60 billion this financial year as against an earlier estimate of USD 70 billion.“We think we

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  Will contain CAD below $70 billion: Chidambaram

  October 05, 2013 17:15 IST

  Bangalore: Asserting that the government has the capacity to overcome “this period of stress”, Union Finance Minister Chidambaram today said the current account deficit will be contained below USD 70 billion this fiscal.“Last year I

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  Trade gap set for huge improvement on lower imports: Analysts

  October 02, 2013 20:10 IST

  Mumbai: India's Current Account Deficit is likely to narrow during 9 months (July-March) of the current fiscal to touch a low of 1.5 per cent of GDP because of lower gold imports, higher overall exports

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  Govt plans cut in non-plan spending;fiscal gap to be met: FM

  October 02, 2013 16:02 IST

  Srinagar: As the fiscal deficit numbers reached three-fourths of the budget estimate in the first five months of the fiscal, Finance Minister P Chidambaram has said the government is planning to trim non-plan expenditure to

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  Sensex drops 347.5 points to new 3-week low ahead of CAD data

  September 30, 2013 18:14 IST

  Mumbai: The benchmark S&P BSE Sensex today tumbled 347.5 points to a new three-week low amid jittery global markets and expectations of weak June quarter current account deficit data.Heavyweights ITC, ICICI Bank and Reliance Industries

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  India's GDP will improve in second half: Manmohan Singh

  September 28, 2013 18:54 IST

  New York: Asserting that the fundamentals of the Indian economy are strong, Prime Minister Manmohan Singh has said GDP will improve in the second half of fiscal 2013—14 and that the government is commitment to

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  Chidambaram to meet US Treasury secretary, FIIs next month

  September 15, 2013 11:38 IST

  New Delhi: Faced with a high current account deficit and declining forex reserves, Finance Minister P Chidambaram in his forthcoming US visit will meet FIIs in San Fransisco to woo investments.  The Minister will be in

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  Gold imports fall 95% in August, ease current account deficit woes

  September 10, 2013 16:08 IST

  New Delhi: India's gold imports crashed 95% in August to just 2.5 tonne from month before, easing pressure on policymakers as they struggle to contain the depreciation of the Indian rupee to the US dollar

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  Sensex at 1-week high; up 324 pts on improved CAD

  June 27, 2013 16:56 IST

  Mumbai, Jun 27: The BSE benchmark Sensex today rose by a massive 323.83 points to close at nearly one-week high led by gains in energy sector bluechips ONGC and RIL stocks, as funds resumed buying