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Tag: India current account deficit

Increase in exports, improvement in CAD, manufacturing will help boost Indian economy, says Piyush Goyal

Posted on June 30, 2024 By admin
Increase in exports, improvement in CAD, manufacturing will help boost Indian economy, says Piyush Goyal

Union Minister of Commerce and Industry Piyush Goyal. File | Photo Credit: PTI We are very confident that the Indian economy is poised for both healthy and organised growth and providing opportunities to lakhs of people across India, Union Minister Piyush Goyal said Healthy increase in the country’s exports, improvement in the current account deficit…

Read More “Increase in exports, improvement in CAD, manufacturing will help boost Indian economy, says Piyush Goyal” »

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RBI Governor Shaktikanta Das: CAD for 2023-24, 2024-25 to be eminently manageable

Posted on February 8, 2024 By admin
RBI Governor Shaktikanta Das: CAD for 2023-24, 2024-25 to be eminently manageable

Reserve Bank of India Governor Shaktikanta Das. File | Photo Credit: EMMANUAL YOGINI “With India’s current account deficit (CAD) declining sharply to 1% of GDP in Q2:2023-24 from 3.8% in Q2:2022-23,” RBI Governor Shaktikanta Das on February 8 said going ahead, the net balance under services and remittances would remain in large surplus, partly offsetting the trade deficit. …

Read More “RBI Governor Shaktikanta Das: CAD for 2023-24, 2024-25 to be eminently manageable” »

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