Search For "billion dollars"
Current account deficit to print at $16-17 billion in Q1 FY20: ICR
Updated : 1 year, 7 months ago IST
New Delhi [India], July 21 (ANI): India's current account deficit (CAD) is expected to remain largely steady at 16 billion to 17 billion dollars or 2.3 per cent of GDP in the first quarter (April to June) of the current fiscal year 2019-20 despite recent contraction in merchandise exports an
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International Court slaps $5 bn penalty on Pak in Reko Diq case
Updated : 1 year, 7 months ago IST
Islamabad [Pakistan], July 15 (ANI): A World Bank arbitration court has imposed a penalty of over five billion dollars on Pakistan for unlawful denial of a mining lease to a company for the Reko Diq project in 2011.
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India's forex reserves comfortable, CAD within manageable level: E
Updated : 1 year, 7 months ago IST
New Delhi [India], July 4 (ANI): India's foreign exchange reserves continue to be comfortably placed in excess of 400 billion dollars and the current account deficit (CAD) is within manageable levels, Finance Minister Nirmala Sitharaman said on Thursday while tabling the Economic Survey 2018
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Current account deficit narrows to $4.6 billion in Q4 FY19: RBI
Updated : 1 year, 8 months ago IST
Mumbai (Maharashtra) [India], June 28 (ANI): India's current account deficit (CAD) totalled 4.6 billion dollars or 0.7 per cent of the GDP in the fourth quarter (January to March) of 2018-19, the Reserve Bank of India (RBI) said on Friday.
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Reliance raises $1.85 billion long-term loan to infuse into Jio
Updated : 1 year, 8 months ago IST
Mumbai (Maharashtra) [India], June 26 (ANI): Mukesh Ambani-led Reliance Industries has signed pacts with overseas lenders to avail long-term loans of 1.85 billion dollars (about Rs 12,850 crore) to finance its capital expenditure for the telecom arm.
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IAG to buy 200 Boeing 737 MAX airplanes for $24 billion
Updated : 1 year, 8 months ago IST
Le Bourget [France], June 19 (ANI) International Airlines Group (IAG) has announced plans to purchase 200 Boeing 737 MAX jets in a deal valued at more than 24 billion dollars.
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India's merchandise exports to rise by 2.5 pc in Q1 FY20: Exim Ban
Updated : 1 year, 8 months ago IST
New Delhi [India], June 10 (ANI): Export Import (Exim) Bank has forecast that India's merchandise exports will increase from 81.9 billion dollars to 84 billion dollars with an expected growth rate of 2.5 per cent during the first quarter (April to June) of 2019-20 over the corresponding quar
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India lost $13 billion in revenue collections due to trade misinvo
Updated : 1 year, 8 months ago IST
.Washington DC [United States], June 4 (ANI): Potential tax revenue losses to the Indian government due to trade misinvoicing are estimated at 13 billion dollars in 2016, according to a study by think-tank Global Financial Integrity (GFI).
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Rising trade conflicts, high fuel prices to impact global aviation
Updated : 1 year, 9 months ago IST
Seoul [South Korea], June 2 (ANI): The International Air Transport Association (IATA) on Sunday downgraded its 2019 outlook for the global air transport industry to a 28 billion dollar profit from 35.5 billion dollars forecast in December 2018.
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Rising costs dent earning performance of airlines in Asia Pacific
Updated : 1 year, 9 months ago IST
Kuala Lumpur [Malaysia], May 16 (ANI): Preliminary financial performance figures released on Thursday by the Association of Asia Pacific Airlines (AAPA) show that aggregated net earnings of Asia Pacific airlines halved in 2018 to 4.7 billion dollars from 9.6 billion dollars recorded in the p
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No need to rush with China trade deal: Donald Trump
Updated : 1 year, 9 months ago IST
Washington DC [USA], May 10 (ANI): Hours after Washington doubled tariff on 200 billion dollars worth of Chinese goods, US President Donald Trump said that there is "absolutely no rush" to reach a trade deal with China.
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Trump raises tariffs on Chinese goods, Beijing says it will hit ba
Updated : 1 year, 9 months ago IST
Washington [United States], May 10 (ANI): The Trump administration raised tariffs on 200 billion dollars worth of Chinese imports from 10 to 25 per cent on Friday, escalating a trade war between the world's two largest economies.
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