Updated : 6 months, 3 weeks ago IST
New Delhi [India], Sept 26 (ANI): The Central Government on Wednesday announced new tariff measures by increasing the basic customs duty of 19 items to curb import of certain products. The government said that these changes are aimed at narrowing the Current Account Deficit (CAD). The total
Updated : 7 months ago IST
New Delhi [India], Sep 19 (ANI): Economic Affairs Secretary Subhash Chandra Garg on Wednesday informed that government will announce restrictions on non-essential import items very soon.
Updated : 7 months, 1 week ago IST
New Delhi [India], Sep 15 (ANI): Economic affairs secretary Subhash Chandra Garg on Friday expressed hope that the new measures taken to tackle higher Current Account Deficit (CAD) would have an impact of nearly USD 8-10 billion.
New Delhi [India], Sep 14 (ANI): Finance Minister Arun Jaitley on Friday said that a broad policy decision has been taken to address the issue of expanding CAD (Current Account Deficit) under which the government will take necessary steps to cut down non-essential imports and also increas
Mumbai (Maharashtra) [India], Sep 10 (ANI): Market analysts on Monday stated that the decline in the value of the Indian Rupee against the US Dollar and the sky-rocketing prices of crude oil were amongst the primary reasons for the plunging Sensex and Nifty indices.
Updated : 10 months, 2 weeks ago IST
New York [United States], June 7 (ANI): Credit ratings agency Moody's on Thursday said that it expects India to meet its fiscal deficit target of 3.3.percent of GDP for fiscal 2018-19, based on the incumbent government's commitment towards fiscal consolidation as well as its "achievable" bud
Updated : 1 year ago IST
Islamabad [Pakistan], Apr. 17 (ANI): Pakistan's current account deficit (CAD) has risen to 4.5 per cent mainly due to the smooth implementation of projects under the USD 63 billion China-Pakistan Economic Corridor (CPEC), according to a report by Asian Development Bank (ADB).
Updated : 1 year, 5 months ago IST
New Delhi [India], Nov 8 (ANI): The Economic Research Department of State Bank of India (SBI) has released a report on oil price hike and how unlikely it is to impact the Current account deficit (CAD) and how inflation could stretch fiscal.
Updated : 2 years, 1 month ago IST
New Delhi [India], Mar 9 (ANI): Credit rating agency ICRA in its report noted that it expects higher oil and gold imports to enlarge India's current account deficit to ~USD 30 billion (1.2 percent of GDP) in FY2018 from ~USD 20 billion in FY2017 (0.9 percent of GDP), arresting the trend