Current account deficit
India is the largest importer of gold, which mainly caters to the demand of the jewellery industry. (Photo: Representational)
Gold imports dip 9 per cent during Apr-Oct
24 Nov 2019 4:31 PM

Dip in gold imports has helped in narrowing the country's trade deficit to USD 94.72 billion during Apr-Oct 2019-20.

Current account deficit forecast pegged at 2.3 per cent of GDP for 2019-20.
India's GDP to grow at 6 per cent in Apr-Jun: survey
26 Aug 2019 3:46 PM

The country's economy grew at 8.2 per cent in April-June 2018-19.

Increase in gold imports pushed the country's trade deficit marginally to USD 45.96 billion during April-June quarter of 2019-20 as against USD 44.94 billion in the same quarter previous fiscal.
Gold imports up 35.5 per cent during Apr-Jun
12 Aug 2019 8:52 PM

Gold imports increased by 35.5 pc to USD 11.45 billion (about Rs 80,000 crore) during April-June quarter of current fiscal.

The CAD, which is the net of foreign exchange inflows and outflows, had stood at USD 48.7 billion in 2017-18.
Economic Survey: Govt may further ease FDI norms to bridge current account deficit
04 Jul 2019 3:03 PM

The deficit increased to USD 57.2 billion or 2.1 per cent of gross domestic product (GDP) in 2018-19.

The CAD, which is the net of foreign exchange inflows and outflows, had stood at USD 48.7 billion in FY18.
Current account deficit inches up to 2.1 pc but more than halves in Q4
28 Jun 2019 7:06 PM

Overall trade performance was prime influencer for both contraction in CAD for March quarter as well as a widening for the full year.

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