Tag: current account deficit

Union Bank drops over 5% as Q1 business update flags sequential slowdown

Stocks
Shares of Union Bank of India declined by nearly 5.5% on Wednesday, July 9, slipping to Rs 141.85, after the public sector lender released its Q1FY26 business update. The market reaction followed concerns over quarter-on-quarter...

Gold price prediction today: Where is gold rate headed & is silver a better bet compared to yellow metal right now? Here’s the outlook

Business
Gold price prediction: On MCX the trading range could be Rs 97,650 – 95,230 / 10 gm in Aug futures contract. (AI image) Gold price prediction today: Gold rates may continue to be range-bound...

Indian economy well placed to handle any kind of spillovers from global events: RBI Guv

Economy
Kochi: Reserve Bank of India (RBI) Governor Shaktikanta Das on Saturday said that the Indian economy and financial sector are well placed to...

RBI unlikely to go for immediate rate cut, despite inflation likely to cool: Ind-Ra

Economy
In a cautious outlook for the upcoming fiscal year, India Ratings and Research (Ind-Ra) projects a decline in inflation for FY25, yet it...

CAD widens marginally on widening trade deficit

Economy
India's current account deficit widened marginally to 1.1 percent of GDP in the June quarter compared to 1 percent of GDP in the...

India growth forecast: ADB retains India’s growth forecast at 7%; govt spending, agriculture to boost economy

Economy
The Asian Development Bank (ADB) on Wednesday retained India's growth forecast for the current fiscal at 7 per cent and said that the...

Rare balancing act: How RBI chief Shaktikanta Das tamed volatile rupee with $689 billion in reserves

Business
Reserve Bank of India chief Shaktikanta Das has pulled off a rare balancing act: Clamping down on volatility in the rupee while allowing...

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