Free Press Journal
  • CAD Outsourcing Services  for Global Customers

    The Indian manufacturing, production, and design sector is undergoing a rapid transformation phase with increase in usage of age-old technologies like CAD.  As a result, various automobile, textile, fashion, real estate, and manufacturing companies are keen on hiring skilled design partners with CAD expertise.

  • Higher trade gap pushes up CAD to 2% of GDP

    The widening of the CAD on a y-o-y basis is primarily due to a higher trade deficit which rose to $44.1 billion in the reporting quarter due to a larger increase in merchandise imports relative to exports.

  • Note ban may have affected CAD: SBI Research

    Mumbai :  SBI Research has attributed the lower outward remittances and massive jump in travel receipts, which bumped up the December quarter CAD, to the note ban impact that dominated the review period.

  • Gold imports shrink 32 pc to $17.7 bn in April-Dec 2016

    New Delhi : Gold imports witnessed a fall of about 32 per cent to USD 17.7 billion in April-December of the current fiscal, which is expected to keep a lid on the current account deficit.

  • Gold imports shrink 30.5% to $15.7 bn in Apr-Nov

    New Delhi : Gold imports witnessed a fall of 30.5 per cent to $15.74 billion in April-November of the current fiscal, which is expected to keep a lid on the current account deficit.

  • CAD will remain well contained & easily financed: RBI

    Mumbai: There are signs of decline in exports bottoming out and the current account deficit (CAD) is likely to remain “well contained and easily financed”, RBI Governor Raghuram Rajan said today. In the July-September quarter of the current fiscal, CAD rose to USD 8.2 billion or 1.6 per cent of the GDP, from 1.2 per cent or USD 6.1 billion in the April-June quarter.

  • Current account deficit narrows to 1.6% in Q2

    Mumbai : The current account deficit (CAD) narrowed sharply to 1.6 % of GDP at USD 8.2 billion in the second quarter ended September, mainly due to lower trade deficit. The July-September CAD is lower than USD 10.9 billion, or 2.2 % of GDP, in the same quarter of last fiscal. However, on a sequential basis, the CAD is higher than 1.2% for the previous quarter of current fiscal.

  • india

    India has begun to make waves

    There’s a lot going on in media nowadays that makes one believe that India is going downhill. It could be an orchestrated approach to malign the present government. Or again, it could be a mere coincidence that so many voices have begun screaming in unison. The recent results in Bihar are not likely to make things much better for the government.

  • Budget 2015: Market Dances To ‘Modinomics’

    The wait got over for the maiden budget from majority government of NDA wherein Modi and Jaitley (MJ) are the front runners to drive the force for speedy reforms in Indian economy.

  • Opportune Time To Remove Gold Import Curbs

    New Delhi : Citing prevailing favourable factors boosting the country’s overall trade performance, the Economic Survey said it is an “opportune time” to remove restrictions on gold imports.

  • FM: Revival Of Economy Has Started

    The Govt, Jaitley Said, Is Committed  To Fiscal Discipline, Boosting Investment In Infrastructure And Reviving Manufacturing

  • Gold Imports Slump To 39 Tons In Dec

    New Delhi : Providing relief to the economy from widening trade deficit on account of gold imports, the inward shipments of the metal slumped in December to 39 tonnes, Commerce Secretary Rajeev Kher said on Wednesday.

  • Govt Plans New Steps To Curbs Gold Imports  

    New Delhi : In the wake of surge in gold imports, the government would soon impose some curbs on its inward shipment to prevent current account deficit (CAD) from going out of hand, reports PTI.

  • CAD gain seasonal, likely to improve this fiscal: Analysts

    Mumbai: Leading brokerages Nomura and Barclays today said current account deficit, which unexpectedly improved to 4.8 per cent in 2012-13, but still at a historic high, could moderate further this fiscal on slowing gold imports and cheaper commodities.