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Current account deficit surges to $9.2 billion in June quarter

In the January-March quarter, India s current account deficit was $1.3 billion, the Reserve Bank of India said ....

Madhavi Arora , Emkay Global Financial Services , Reserve Bank , Current Account Deficit , Reserve Bank Of India , Rade Defict ,

India's current account deficit almost halves to $9.2 billion in June quarter

India s current account deficit narrowed to $9.2 billion in the June quarter, compared to $17.9 billion in the same period last year, due to lower global crude and commodity prices. The deficit was 0.1% of GDP, down from 2.1% in the previous year, but higher than the $1.3 billion in the preceding quarter. The capital account comfortably financed the deficit, resulting in a balance of payments surplus. However, the deficit is expected to widen in the September quarter due to higher trade deficits and rising crude oil prices. ....

Rahul Bajoria , Madan Sabnavis , Reserve Bank , Reserve Bank Of India , Indias Cad , Current Account Deficit , Trade Deficit , Bank Of Baroda ,

June quarter CAD narrows to 1.1%, widens sequentially on higher trade deficit

The current account deficit (CAD), which represents the difference between the total amount of money sent abroad and money received from overseas across the economy, stood at USD 17.9 billion or 2.1 per cent of GDP in the year-ago period. ....

Aditi Nayar , Reserve Bank , Trade Deficit ,