Current Account Deficit
Latest news, explainers and analysis on Current Account Deficit. Tracking 2 stories on Arth Vani.
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Latest on Current Account Deficit
BreakingMMTC PAMP Urges Better Gold Monetisation Scheme to Boost Recycling, Cut Imports
MMTC PAMP has called for a more appealing Gold Monetisation Scheme (GMS) to encourage domestic gold recycling. This move aims to reduce India's reliance on gold imports and unlock significant household gold stocks, ultimately easing pressure on the current-account deficit.
US Sanctions Bill Threatens India's Oil Import Bill; Trade Deal Becomes Critical
A proposed US sanctions bill could disrupt India's crude oil supply chain, potentially leading to a higher import bill and a weaker Rupee. Economists warn that securing a formal India-US trade deal is now vital to protect the country's energy security and economic stability.
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