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Business News: Soaring imports to push current account deficit to 1.9% this fiscal year : Report

Soaring imports to push current account deficit to 1.9% this fiscal year : Report : Rashtra News Following the record USD 23.27 billion trade deficit in November, a foreign brokerage has increased its current account deficit (CAD) forecast to 1.9 per cent of GDP at USD 60 billion for 2021-22 as compared to USD 45 ....

Current Account Deficit , Trade Deficit ,

India's current account deficit narrows to $10.5 billion in October-December

For the April-December period of the ongoing financial year, India’s current account deficit moderated to 1.2 percent of GDP from 2.6 percent in the corresponding period a year ago on the back of a lower merchandise trade deficit. ....

Reserve Bank , Trade Deficit , Current Account Deficit ,

December quarter CAD narrows to 1.2 percent of GDP

“The current account deficit narrowed in Q4 despite a wider merchandise trade deficit, cushioned by a record high services trade surplus and secondary income” Rahul Bajoria, MD & Head of EM Asia (ex-China) Economics, Barclays. “ Positive FDI and FPI flows kept the BOP in surplus. We expect current account financing needs to remain manageable this fiscal year and next.” ....

Rahul Bajoria , Sunil Kumar Sinha , India Ratings ,

ACME Lithium Completes Non-Brokered Private Placement Financing

ACME Lithium Inc. is pleased to announce that it has closed a non-brokered private placement financing, previously announced on February 23, 2023. The Company issued 14,000,000 units at $0.05 CAD per Unit for aggregate gross proceeds of $700,000 CAD. - Veroeffentlicht am 29.02.2024 ....

United States , Fish Lake Valley , British Columbia , Clayton Valley , Anthony Simone , Steve Hanson , Lithium Inc , Multilateral Instrument , Minority Security Holders , Special Transactions , North America , Esmeralda County Nevada , Cat Euclid Lakes , Executive Officer , Acme Lithium Inc ,