#current-account-deficit
Current account deficit to widen to 2.3 per cent of GDP in FY27 from 0.9 pc in FY26: Report
India's current account deficit is expected to rise to 2.3 percent of GDP in FY27 from 0.9 percent in FY26. This widening deficit could strain foreign exchange reserves. Experts suggest policy changes like increasing fuel prices and operationalizing trade dea…
Higher duty may lead to gold demand lowering by 60 tonnes saving $2.5 billion: Economists
A hike in gold import duties is projected to trim annual demand by nearly 60 tonnes, potentially saving the exchequer $2.5 billion (approximately ₹24,000 crore) in import bills. While the move is designed to narrow the Current Account Deficit (CAD), analysts …
Higher duty may lead to gold demand lowering by 60 tonnes saving $2.5 billion: Economists
A hike in gold import duties is projected to trim annual demand by nearly 60 tonnes, potentially saving the exchequer $2.5 billion (approximately ₹24,000 crore) in import bills. While the move is designed to narrow the Current Account Deficit (CAD), analysts …
Brace for volatility as Indian market travels a tumultuous path
Domestic markets are likely to open on a weak note on Tuesday, with India facing multiple headwinds such as a weakening rupee, unabated selling by foreign portfolio investors, pressure on foreign reserves and a widening current-account deficit.
Why does Modi want Indians to curb their gold obsession?
India’s policymakers urge citizens to curb purchases of bullion as it adds pressure to the current account deficit, forex reserves and rupee as the Iran war persists