High oil prices pose threat to improvement in Indian CAD: Report
Downbeat sentiments saw USD-INR exchange rate test past 72 to two-month high, while the benchmark equity indices witnessed mayhem on Monday, said a report by Singapore's banking group DBS.
Inflation, CAD under US-Iran tensions ahead of Budget
India may see its oil import bill rising, putting pressure on CAD amid escalating tensions between US and Iran.
CAD narrows to 0.9% of GDP in July-Sept on lower trade deficit: RBI
In the first half of the current fiscal, the CAD narrowed to 1.5 per cent of GDP from 2.6 per cent in the same period in FY2018-19 on the back of a reduction in the trade deficit. Trade deficit shrank to USD 84.3 billion in the first half of FY2019-20 from USD 95.8 billion last year, the RBI said.
Gold imports dip 7% in April-November to $20.57 billion
India is the largest importer of gold, which mainly caters to the demand of the jewellery industry.
Inadequate demand has been a key issue impacting growth
Inflation would seem to be at nirvana levels of policy-achievement.
How 3D rendering and architectural visualization techniques are making the spaces we work, play, live in more productive
3D rendering can be defined as a technique used to graphical represent a structure or prepare a 3D model of the structure using computer animation.
CAD narrows as higher trade deficit is offset by rise in services income and remittances
The current account deficit for the quarter ended June 2019, amounted to $14.3 billion, compared to $15.8 billion during the June 2018, quarter.
Despite soaring gold import,lower crude narrows CAD to 2%in Q1
During the quarter, foreign portfolio investment recorded net inflow of USD 4.8 billion as against an outflow of USD 8.1 billion in Q1 of 2018-19, on account of net purchases in both debt and equity markets.
Citizen service digitisation: Bytes from Kozhikode
The platform is fully hosted on the Cloud (internet-based server), and once a drawing is uploaded a report is prepared to ascertain whether the plan conforms to rules.
27% drop in merchandise trade deficit implies demand is weak
India’s foreign exchange reserves also rose by $5 billion during the month to $433.5 billion by the last week of September.
Infosys bags CAD 80.3 million deal from Public Services and Procurement Canada
The new platform will enable PSPC to purchase various goods and services through a single portal, configure specific requirements, and access data, reporting and analytics information in real-time to support more effective decision-making, the statement said
CAD widens to 2.1 per cent of GDP, highest in six years
The CAD, which is the net of foreign exchange inflows and outflows, had stood at USD 48.7 billion in FY18.
RBI allows recurring transactions upto Rs 2,000 on cards
This has been done keeping in view the changing payment needs and the requirement to balance the safety and security of card transactions with customer convenience.
Rising crude prices to roil CAD, rupee, inflation metrics: Care
India meets a tenth of its crude oil demand from Iran.
Tech Mahindra to acquire Canada's Objectwise Consulting worth CAD 2.75 mn
"The transaction is expected to close by July 31, 2019... The equity value is CAD 2.75 million," the filing said adding that the consideration of the deal would be cash.
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