Search For "current account deficit"
Updated : 1 month, 3 weeks ago IST
New Delhi [India], August 5 (ANI): India's fiscal deficit, the difference between revenue and expenditure, is expected to be around 6.5 per cent of gross domestic product, against the Budget estimate of 6.4 per cent, SBI Research said in its weekly report.
Updated : 2 months ago IST
Islamabad [Pakistan], July 29 (ANI): In spite of multiple actions taken by Pakistan, its current account deficit has surged to USD 17.4 billion or 4.6 pc the size of the economy during the last fiscal year on the rising trade deficit.
Islamabad [Pakistan], July 29 (ANI): The ongoing political unrest in Pakistan is increasing economic uncertainty, causing the rupee to depreciate, and impacting the cost of production.
Islamabad [Pakistan], July 24 (ANI): Pakistan may have nuclear capabilities however the country is fighting with its fast exhausting foreign currency reserves and widening fiscal and current account deficits, along with a rupee that has lost almost 20 per cent of its value in just 7 month
Updated : 2 months, 1 week ago IST
New Delhi [India], July 21 (ANI): The Indian rupee this week slipped below the psychologically important level of 80 against the US dollar for the first time even as high crude oil prices amid tighter global supplies boosted demands for the American currency.
Updated : 2 months, 2 weeks ago IST
New Delhi [India], July 15 (ANI): The rupee has witnessed a consistent depreciation against the US dollar with multiple all-time lows in 2022, and is now only a whisker away from touching the 80 mark. The value of rupee depreciated by around 6 per cent this year.
New Delhi [India], July 15 (ANI): Snapping a four-day losing streak, Indian stock indices opened with minor gains on Thursday.
New Delhi [India], July 15 (ANI): India's services sector has witnessed a broad-based recovery in sales revenues in both nominal and real terms during the January-March 2022 quarter 2022, the Ministry of Finance said in its latest Monthly Economic Review report.
New Delhi [India], July 15 (ANI): India's current account deficit, meaning a shortfall between the imports and exports, is expected to deteriorate in 2022-23 if recession concerns do not lead to a sustained and meaningful reduction in the prices of food and energy commodities, the Ministry o
Karachi [Pakistan], July 13 (ANI): Pakistan's external debt servicing rose to USD 10.886 billion in the first three quarters of 2021-22 compared to USD 13.38bn in the entire FY21.
Islamabad [Pakistan], July 12 (ANI): Pakistan, which is reeling under high inflation, sliding forex reserves, widening current account deficit and depreciating currency, is bracing for the worst economic woes due to the prolonged Russia-Ukraine conflict.
Islamabad [Pakistan], July 10 (ANI): Pakistan would borrow Pakistani Rupees (PKR) 5.5 trillion from international lenders in the current fiscal year to maintain their foreign exchange reserves, repay the previous loans and finance of current account deficit.