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Tag: CAD

2 Results

  • Rupee at risk

    Rupee at risk

    Amidst several parameters going askew for the Indian economy, two ~ its current account deficit and its sliding rupee ~ are attracting the greatest outcry, more so because of the shrill assault that the present Prime Minister had launched against his predecessor during the 2013 slide of the rupee. At 72.23 to the dollar, the …

    September 24, 2018
  • Gold imports jump over 2-fold to $13.35 bn in April-July

    Gold imports jump over 2-fold to $13.35 bn in April-July

    India’s gold imports more than doubled to $13.35 billion during the April-July period of the current fiscal, according to the data of the commerce ministry. Gold imports, which has bearing on the country’s current account deficit (CAD), stood at $4.97 billion in April-July 2016-17. In July this year, imports of the precious metal rose to …

    August 15, 2017