Current Account Deficit

The forex chest's swell: Valuation gains to lift India's reserves

But when capital flows are volatile, as has happened this financial year, even financing a low CAD can become challenging and put pressure on the currency

India's current account deficit narrowed to 0.2% of GDP in Q1 FY26

India's CAD narrowed to $2.4 billion in Q1FY26 from $8.6 billion a year ago as remittances surged 18% and services exports rose, offsetting a wider merchandise trade deficit

At $2.4 billion, India's current account back in deficit in June quarter

The current account deficit stood at $2.4 bn, or 0.2% of GDP, in the first quarter of the fiscal year 2025-26, compared with a surplus of $13.5 bn, or 1.3% of GDP, in preceding quarter, data showed

India's current account deficit manageable, but financing needs monitoring

The spectre of higher tariffs imposed by the US means export prospects, including for India, will be subdued in 2025

India's current account swings to $13.5 bn surplus in March quarter: RBI

India's current account balance recorded a surplus of USD 13.5 billion (1.3 per cent of GDP) in January-March quarter of 2024-25 as compared with USD 4.6 billion (0.5 per cent of GDP) in the year-ago period, RBI said on Friday. The current account was in deficit of USD 11.3 billion (1.1 per cent of GDP) in December quarter of 2024-25. On annual basis, India had a current account deficit at USD 23.3 billion (0.6 per cent of GDP) during 2024-25, lower than USD 26 billion (0.7 per cent of GDP) during 2023-24, primarily due to higher net invisibles receipts. Merchandise trade deficit at USD 59.5 billion in Q4:2024-25 was higher than USD 52 billion in Q4:2023-24, according to Reserve Bank's 'Developments in India's Balance of Payments during the Fourth Quarter (January-March) of 2024-25. However, it moderated from USD 79.3 billion in Q3:2024-25. Net services receipts increased to USD 53.3 billion in Q4:2024-25 from USD 42.7 billion a year ago. Services exports have risen on a y-o-y ba

How To Open a Zero-balance Account Online in Just 5 Minutes

.

Pak's current account posts record surplus of $1.2 bn, says central bank

Pakistan's central bank on Thursday said that the country's current account posted a record surplus of USD 1.2 billion in March 2025, showing economic stability. Data released by the State Bank of Pakistan (SBP) showed that the surplus on a year-on-year basis surged 230 per cent from USD 363 million recorded in March 2024. The Express Tribune newspaper reported that according to brokerage firms Topline Securities and Arif Habib Limited, March 2025 marked the highest-ever monthly current account surplus in the country's history. The robust performance brought the cumulative current account surplus to USD 1.86 billion during the first nine months of FY202425, a sharp turnaround from a USD 1.65 billion deficit in the same period of the previous fiscal year. With oil prices down and remittances hitting record levels, Pakistan's current account is expected to remain in surplus through June FY25, and possibly into FY26, supporting overall investor confidence, said Khurram Schehzad, Advis

India's current account deficit widens to 1.1% of GDP in Q3 FY25

BoP witnesses depletion of $37.7 billion

BS Manthan: Domestic competitiveness answer to CAD, says Uday Kotak

"India should have a global consumer brand in 5 years"

Q2 FY25: Current account deficit at 1.2% of GDP; BoP surplus at $18.6 bn

The merchandise trade deficit increased to $75.3 billion in Q2 of 2024-25 from $64.5 billion during the same period last year

Manmohan's legacy as PM: Goodwill earned in 1st stint, but slips in the 2nd

An analysis of economic parameters shows that history will be kinder to him more for his first term than the second

Current account deficit narrows to at $11.2 bn in July-September: RBI

The current account deficit stood at $11.2 bn, or 1.2 per cent of GDP in the reporting quarter, compared with a revised deficit of $11.3 bn or 1.3 per cent of GDP in the same quarter a year ago

Q2 current account deficit to widen to 7 quarter high of 1.6%: Report

The current account deficit (CAD) for the September quarter is set to widen to 1.6 per cent -- the most in the last seven quarters -- a report said on Thursday. In absolute terms the July-September CAD will be USD 15 billion, or 1.6 per cent, as against USD 9.8 billion, or 1.1 per cent, in the June quarter, India Ratings and Research said in the report. The CAD in the second quarter will be the highest since Q3 FY23, where the crucial gap representing the country's external position was USD 16.8 billion, or 2 per cent of the GDP. The domestic rating agency said merchandise exports shrank 3.9 per cent during the period while goods exports were down to a 12-quarter low of USD 103 billion. Goods exports declined after three quarters due to subdued demand from major exporting partners such as China, Singapore, Bangladesh, and Australia, it said. The CAD is moderate to about 1.3 per cent of the GDP in December quarter, Paras Jasrai, its economist and senior analyst, said.

India's current account balance in $9.7 billion deficit in Q1FY25

Aditi Nayar, chief economist at ICRA, said, "While the CAD expectedly widened in Q1FY25, it undershot our forecast primarily due to secondary income."

India's current account deficit widens to 1.1% of GDP in April-June 2024

The current account deficit stood at $9.7 billion, or 1.1 per cent of the GDP, in the fiscal first quarter, compared with a deficit of $8.9 billion or 1 per cent of GDP in the same quarter a year ago

India's current account deficit may widen to 1% of GDP in Q2FY25: Ind-Ra

According to India Ratings and Research, India's current account deficit (CAD) is expected to rise to 1% of GDP in Q2FY25, with a 1% increase in merchandise exports and a widening goods trade deficit

Stock Market Highlights, June 25: Sensex jumps 712pts, surpasses 78k for 1st time; Nifty tops 23,700

Stock Market Highlights on Tuesday, June 25, 2024: The m-cap of all the companies listed on the BSE stood at Rs 436 trillion at the end of the session

Current account balance posts surplus of 0.6% of GDP in Jan-Mar 2024: RBI

For FY24, the net invisibles receipt was higher during 2023-24 than a year ago, primarily on account of services and transfers, RBI said

India records current account surplus of 0.6% on higher service exports

India recorded a current account surplus of USD 5.7 billion or 0.6 per cent of GDP in the March quarter, the Reserve Bank said on Monday. In the year-ago period, the current account deficit stood at USD 1.3 billion or 0.2 per cent of GDP, and the same was USD 8.7 billion or 1 per cent of GDP in the preceding quarter ending December 2023. For FY24, the current account deficit narrowed to USD 23.2 billion or 0.7 per cent of GDP against USD 67 billion or 2 per cent of GDP in FY23, the RBI said in a release on the Developments in India's Balance of Payments.

India's CAD may show dip in Q4 as net exports hit 11-quarter high

IDFC First Bank in a recent report said in FY25, it estimates CAD at 1.3 per cent of GDP compared to 0.7 per cent of GDP in FY24