• Sep
    26

    India’s current account position, though presently comfortable, could worsen if the private sector investment revives and puts pressure on import bills.
    The negative growth trend witnessed in inward remittances and

  • Sep
    22
    By FC Policy Bureau

    A day after Moody’s refused to buy Narendra Modi government’s hard sell on reforms and upgrade India’s sovereign ratings, the finance ministry has questioned the global credit ratings agency’s methodology.

  • By PTI

    The country's current account deficit is likely to be at 0. 4 per cent of GDP this fiscal and balance of payment will continue to remain surplus despite FCNR (B)

  • By PTI

    Keen to improve business climate, commerce minister Nirmala Sitharaman on Thursday said tax and regulatory authorities are being asked not to go on an overdrive and asserted the government is not there to obstruct or create hindrances.

  • By PTI

    Questioning the methodology adopted by Moody's, finance ministry on Thursday said the global agency has ignored reforms initiated by the government and it should not wait "till infinity" for them to take root before upgrading the country's sovereign rating.

  • Sep
    21
    By FC Policy Bureau

    India and China are likely to be cushioned by factors like large and growing domestic markets, healthy foreign exchange reserves and effective use of policies in the current phase of

  • The sharp fall in gold imports and continuing benefit from a lower oil import bill limited the current account deficit (CAD) at a marginal $300 million or 0.1 per

  • Sep
    20

    International credit rating agency Moody’s is unlikely to upgrade India’s sovereign rating anytime soon despite the country embracing landmark reforms such as the goods and services tax (GST) and insolvency

  • By PTI

    Describing muted private investment and NPAs as speed-breakers amid slow reforms, Moody's on Tuesday said it could upgrade India's rating in 1-2 years if it is convinced that reforms are

  • By PTI

    Moody's investors service on Tuesday said the reforms undertaken by the government will help boost investor confidence and bolster growth potential, but cautioned muted private investment and banking sector risks will remain a constraint on India's sovereign rating.