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Current Account |
The Hindu Business Line
May 16
Comment
The country needs to boost its manufacturing sector to bridge the ballooning current account deficit (CAD) and trade imbalance, a top government official said today.“There is lot of talk ab...
The Hindu Business Line
May 15
Comment
India’s current account deficit has replaced the fiscal deficit in media headlines. Of course, one wonders why it took so long. The CAD has been a permanent feature of our national account stat...
Reuters
May 15
Comment
Britain's biggest banks were spared a full-blown inquiry into the personal current account market after the consumer watchdog said changes already being implemented could stimulate competition in the industry.
Financial Times
May 14
Comment
Rating agency acknowledges progress towards eliminating its budget and current account deficits and signs of an economic stabilisation
The Economic Times
May 6
Comment
India is somewhat unusual compared to many economies of Asia because you run a large current account deficit as well as large budget deficit.
guardian.co.uk
May 6
Comment
Standing order scammers have taken £1,300 from my account, but Nationwide has not been helpful
I recently logged in to my online Nationwide account, only to discover that two unknown standing orders had cleared more than £1,300 out of my...
The Hindu Business Line
May 1
Comment
Plan panel Deputy Chairman Montek Singh Ahluwalia today expressed confidence that the current account deficit will come down to 2.5 per cent of GDP in the next two to three years from about 5 per...
The Hindu Business Line
Apr 30
Comment
The current account deficit (CAD) may fall to below four per cent in the fourth quarter of 2012-13, Chief Economic Advisor Raghuram Rajan said, pinning hopes on lower gold prices and softening of...
Equitymaster
Apr 30
Comment
Posted by Equitymaster
Desperate times need desperate measures. It's an age old adage that perhaps the former Finance Minister took too seriously when he suggested the possibility of using sovereign bond to face the issue of...
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more ▼WIKI ANALYSIS
WIKI ANALYSIS| This article is part of WikiProject Definitions. Consider editing to improve it. View articles referencing this definition. |
Current account is equal to the net flow of current transactions, including goods, services, and interest payments between countries. The current account balance is the sum of the value of imports of goods and services plus net returns on investment abroad, minus the value of exports of goods and services. All these items are measured in domestic currency.[1]
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