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India, Current Account Deficit
India’s Current Account Deficit Widens on Higher Trade Gap
India’s current account deficit widened marginally last quarter as the nation’s trade gap increased due to higher imports and weak exports.
India’s current account deficit widens to 1.1% of GDP
India’s current account deficit (CAD) has widened marginally to 1.1 per cent of the GDP, to $9.8 billion from $8.9 billion (or 1 per cent) in the year-ago period, in the first quarter (Q1) of FY25, primarily due to a rise in merchandise trade deficit.
Current account deficit widens to $9.7 billion in April-June quarter: RBI
The current account deficit is the difference between exports and imports of goods and services. It is a key indicator of the country's external sector.
India's April-August fiscal deficit at 27% of full-year target
India's fiscal deficit for April-August was 4.35 trillion rupees ($51.93 billion), or 27% of the estimate for the financial year, government data showed on Monday.
India's current account deficit widens to 1.1% of GDP in Q1 FY25
India's current account deficit was at 1.1 per cent of GDP , or $9.7 billion, in the first quarter of FY25 compared with the same quarter last year, according to an RBI release. The RBI attributed this rise to a growing merchandise trade deficit during the period.
India's current account deficit widens marginally to 1.1 pc of GDP in April-June
The country's current account deficit widened marginally to USD 9.7 billion or 1.1 per cent of GDP in April-June 2024, as against USD 8.9 billion or 1 per cent in the year-ago period, Reserve Bank of India said on Monday.
India's current account gap widens in April-June, cenbank says
India's current account deficit widened on-year in the April-June quarter, largely due to a higher merchandise trade deficit, the central bank said on Monday. The current account deficit stood at $9.7 billion,
9m
Brazil Posts Larger-Than-Expected August Deficit as Government Spending Outpaces Revenue
Government debt as a share of GDP edged up slightly to 78.5% in August from 78.4% the previous month, the central bank said, ...
Opinion
3h
Opinion
Is our national deficit worth talking about?
Ogden Nash was an American poet who once suggested that debts are like little children — begot with pleasure, but brought forth with pain. As I watched the recent presidential debate, each candidate ...
2d
on MSN
U.S. trade deficit in goods plunges 8.3% in August and might only be small drag on GDP
The U.S. trade deficit in goods narrowed 8.3% to $94.3 billion in August, according to the Commerce Department’s advanced ...
Deccan Herald
42m
Fiscal deficit in Apr-Aug at 27% of full-year target: Govt data
In absolute terms, the fiscal deficit -- the gap between expenditure and revenue -- was at Rs 4,35,176 crore as of August-end ...
1d
Yes, The US Trade Deficit Is A Problem. But Not For The Reason You Think.
This points to a fundamental truth: trade deficits are not just about trade policy. They are about the broader economic ...
13h
on MSN
Chargers give Chiefs a scare before Super Bowl champs overcome 10-point deficit
Even shorthanded on offense and defense, the Chargers jumped to a 10-0 lead on the two-time defending Super Bowl champs ...
13h
Chiefs vs. Chargers score, takeaways: Patrick Mahomes rallies from double-digit deficit, K.C. wins 10th in row
The Kansas City Chiefs won their 10th straight game dating to last year on Sunday, as Patrick Mahomes led a comeback to ...
Deccan Chronicle
24m
India's fiscal deficit reaches 27% of annual target
India's fiscal deficit hits 27% of target by August 2024, with core sector growth contracting 1.8% in the same period ...
1d
on MSN
Trump, Harris blasted for ignoring exploding budget deficit, as economists plead with both to 'get real'
Economists told Fox News Digital that the tax and spending plans put forward by both former President Trump and Vice ...
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