India's current account deficit (CAD) - the gap between import payments
and export receipts - widened sharply to U$10.1 billion in the second
quarter of FY15 due to high gold imports. Economists are forecasting
that the lower oil import bill might get partially offset read moreTuesday 9 December 2014
CAD gap widens to US$10.1bn on gold imports
India's current account deficit (CAD) - the gap between import payments
and export receipts - widened sharply to U$10.1 billion in the second
quarter of FY15 due to high gold imports. Economists are forecasting
that the lower oil import bill might get partially offset read more
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