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Current Account Deficit (cad)

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Chidambaram seeks to soothe investor nerves
May 23, 2013 at 16:59 | Source: Reuters
India's record current account deficit has been a key reason behind why Standard & Poor's and Fitch Ratings cut their outlooks on the country's sovereign rating to "negative" last year.
Physical gold market awaits fresh import guidelines
May 22, 2013 at 16:55 | Source: Reuters
After India banned the import of gold on payment of margin basis in January, physical gold market still awaits fresh guidelines from the Reserve Bank of India.
Why Chidambaram doesn't yet deserve an upgrade
May 21, 2013 at 15:27 | Source: Firstpost.com
Nothing to worry about? The current account deficit (CAD) is nowhere near our comfort zone (currently its around 5 percent of GDP, twice the 2.5 percent we could live with); the rupee is diving below Rs 55 to the dollar hardly a vote of confidence in the reforms story.
Steps to curb gold imports if needed: P Chidambaram
May 20, 2013 at 19:57 | Source: CNBC-TV18
Gold imports will be curtailed if needed, says finance minister P Chidambaram, as it would affect the trade and current account deficits. Addressing a gathering at the annual day of Competition Commission of India (CCI), he spoke about the evolution of the Indian over the last 22 years.
Government debt quota sale to foreign investors watched
May 20, 2013 at 11:17 | Source: Reuters
India cut tax rates for foreign investors on interest income from investments in government and corporate debt to five percent from 20 percent, hoping to attract more funding to bridge its current account deficit and polish its reformist credentials.
BSE Sensex crawls to new 30-month high as cap goods shine
May 17, 2013 at 16:09 | Source: Moneycontrol.com
BSE Sensex closed at fresh 2 1/2 year highs. Most domestic players are said to have missed out on the rally as they remain worried about the weak macro-environment. Industrial output remains sluggish, RBIs interest rate cuts have not yet translated into lower rates for borrowers, and Indias current account deficit continues to be precarious.

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