Page 2 Current Account Deficit: Latest News and Updates, Top Stories, Videos, Photos About Current Account Deficit

Gold Prices At 4 Year Low In India; 3 Reasons Why You Should Still not Buy

Gold prices hit a 5 and half year low in the international markets and a 4 year low in India ever since Chinese gold reserves which were revealed after 6 years were unexpectedly low. On the MCX gold was last traded ...

Govt not considering immediate gold import duty cut

New Delhi: The government on Wednesday said it was not considering any immediate cut in gold import duty, which was hiked to 10 percent last year to check widening Current Account Deficit (CAD). "I cannot say that gold smuggling has ...

5 key Indian economic indicators that are fast improving

The Indian economy has been showing signs of revival and there are quite a few economic indicators that are improving. We take a look at 5 such key economic indicators. {photo-feature} ...

Arun Jaitley to present maiden Budget amid expectations of tax sops

Finance Minister Arun Jaitley's maiden Budget on Thursday is expected to be a tightrope walk of trying to meet demands for tax sops especially from the middle class and pursuing fiscal prudence to spur investment and growth. The Budget for ...

Budget 2014: Mining, resources are Modi government's priorities, says Barclays

Clarity on mining regulations and auction of mineral resources, besides tackling fuel security are top priorities of the Modi government, global banking and financial services company Barclays said in a report today. The main focus area of the new government ...

Why gold in India may not be a good bet ahead of the Union Budget?

With slightly less than two-weeks to go ahead of the Union Budget, investors have begun laying bets on gold and equity. While equity investors have turned bullish, one cannot be certain with regards to gold. The one reason for that ...

Rupee marginally lower even as current account deficit slumps

The rupee has opened marginally weak and was trading at Rs 58.83 against the dollar as against its close of 58.70 on Monday. A marginal fall in the rupee was despite the current account deficit coming in at just 0.2 per ...

Rupee gains 16 paise against the dollar at 59.95

The rupee was up 16 paise against the dollar and was last trading at 59.95. The rupee had closed at 60.11 on Monday. The strength in the rupee was largely in line with strong equity sentiments across the globe. The ...

Rupee trades at 60.24 to the dollar; up 10 paise

The rupee was trading at 60.24 to the dollar, up 10 paise over its Wednesday's close of 60.34 against the dollar. The currency is now a whisker away from getting into the 50s mark and analysts see that happening sooner ...

Rupee slides as China worries rise, Ukraine tensions mount

The Indian currency was trading lower by 28 paise at 61.45 to the dollar, following weak sentiments across the globe. Fresh worries over the crisis in Ukraine and poor data from China and concerns over its growth weighed on equity and ...

Economy more stable today; new bank licences in a few weeks

Seeking to paint a rosy picture, Finance Minister P Chidambaram today said the fiscal and current account deficits are under control and the economy is more stable than it was 18 months ago. "The economy certainly is more stable today ...

Rupee follows equities; surges past 61 to the dollar

The momentum in equities drove the rupee higher with the currency breaching the 61 mark to trade at 60.95 to the dollar. Robust fund flows from FIIs in excess of $1 billion in the past 15 days has lent support to ...

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