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1.  HOME CAMPAIGNS DIGITAL MEDIA FUND RAISING MARKETING STARTUPS MARKETS ECONOMIC Top Stories Dermicool Talc Campaign Shows the Cruelty of Indian Summers   Worst of CAD is Behind India, as Experts Lowered Estimates Despite Massive Q3 data   Home - Economic - Worst of CAD is Behind India, as Experts Lowered Estimates Despite Massive Q3 data  Search here ...  Latest Update RECENT POPULA R COMMO N  April 4, 2023 Yatra Awards Social Media Mandate to Social Panga after Multi- Agency Pitch   April 4, 2023 Economic King Pipes Appoints Suniel Shetty as Brand Ambassador  April 4, 2023 By Gurpreet Kaur  2 hours ago  0  14  2 minutes read  April 4, 2023 Facebook Twitter           Worst of CAD is Behind India, as Experts Lowered Estimates Despite Massive Q3 data  An unusually substantial decline in India’s current account de?cit (CAD) in October-December, along with a strong downward adjustment in the July-September ?gure, has analysts expecting a considerably more favourable outcome for India’s external balance this year and next.    April 4, 2023 According to a Media study of eight experts, India’s current account balance is expected to be at $70 billion – or 2.1 per cent of GDP – in 2022-23, before decreasing to $57 billion – or 1.6 per cent of India GDP – in 2023-24.   AI Has the Potential to Be Destructive: Zoho’s Sridhar Vembu The worst in terms of CAD is well behind India now, said Nikhil Gupta, chief economist at Motilal Oswal Financial Services. According to January-February data on India’s product and services trade, the CAD will continue to decline in January-March… Consequently, they estimate India’s CAD in 2022-23 to be roughly $73 billion, or around 2.1 per cent of GDP.   Most Viewed Q3 Data    February 15, 2023 According to ?gures released on March 31, India’s current account de?cit reduced more than projected to $18.2 billion – or 2.2 per cent of GDP – in October-December. The July-September de?cit was reduced from an all-time high of $36.4 billion to $30.9 billion, owing to a downward adjustment in customs statistics, according to the Reserve Bank of India.   Adani Group equities are the Subject of This Week  The forecast for India’s foreign industry has been raised for the second time in 2023. When statistics for January showed the product trade de?cit falling to $17.8 billion and services exports increased nearly 50% to $32.2 billion, experts reduced their prediction for the 2022-23 current account de?cit to less than $100 billion in February.   HOME CAMPAIGNS DIGITAL MEDIA FUND RAISING MARKETING STARTUPS MARKETS  January 31, 2023 IHC investment leads Adani Enterprises ECONOMIC 

2. shares to boost by 5%    March 3, 2023 VCs’ ?xation with start-ups’ topline, says CEO of Infosys  February 20, 2023 Adani Enterprises Shares Must Increase by up to 410% to Reach their 52- week Highs  February 27, 2023 M-cap of the Adani Group falls below the Rs 7 lakh crore threshold  According to data from the government’s Petroleum Planning & Analysis Cell, the sharp drop in the CAD in the fourth quarter of 2022 was aided by a lower merchandise trade balance, with the price of India’s crude oil bag dropping to $85.8 per barrel in October-December from $97.9 per barrel in July- September.    January 17, 2023 Shark Tank India 2 – Catching Big Fishes for National Start- Up Day   2023-24 Positivity    The CAD is likely to decline even more in 2023-24 as global commodity prices fall and India’s service exports continue to grow.   Nevertheless, experts advised caution since foreign ?nance is becoming more expensive due to rising interest rates, and ?nancial market volatility has intensi?ed as a result of banking sector troubles in the United States and Europe.   Most Reviews RECENT POPULA R COMMO N “The CAD funding pain will remain di?cult as global portfolios continue to reassess positions and EM (emerging market) risk premia, amid tighter ?nancial conditions and recession fears,” said Madhavi Arora, lead economist at Emkay Global Financial Services, who predicts CAD of $71 billion, or 1.9 per cent of GDP, for next year.    April 4, 2023 Yatra Awards Social Media Mandate to Social Panga after Multi- Agency Pitch  Rahul Bajoria, Barclays’ head of Emerging Market Asia (ex-China) Economics, is more positive.   They expect this trend (improved services trade surplus partially offsetting goods trade de?cit) to continue into the next ?scal year, when they cut their current account de?cit prediction to $50 billion from $65 billion earlier and $95 billion in January, Bajoria added.   April 4, 2023 King Pipes Appoints Suniel Shetty as Brand Ambassador You can share this post!            April 4, 2023 Worst of CAD is Behind India, as Experts Lowered Estimates Despite Massive Q3 data   Previous article AI Has the Potential to Be Destructive: Zoho’s Sridhar Vembu Next article  King Pipes Appoints Suniel Shetty as Brand Ambassador Related Articles ECONOMIC ECONOMIC CAMPAIGNS ECONOMI MARKETING HOME DIGITAL MEDIA FUND RAISING STARTUPS MARKETS ECONOMIC  Newsletter

3. Subscribe to our mailing list to get the new updates!  In March, India’s Manufacturing PMI Reached a 3-Month… India Unveiled its Foreign Trade Strategy 2023, Aiming… Govt Inte lakh crore Subscribe our newsletter to stay updated  April 3, 2023  March 31, 2023  March Leave a Reply Your email a  Your email address will not be published. Required ?elds are marked * Comment * Name * Email * POST COMMENT About Indiabiz Recent Post Popular Categories Trending Post  April 4, 2023 Campaigns Digital Media Adani Group equities are the Subject of This Week  Yatra Awards Social Media Mandate to Social Panga after Multi-Agency Pitch  Economic Fund Raising Marketing Markets Politics Startups  April 4, 2023 Uncategorized IHC investment leads Adani Enterprises shares to boost by 5%   King Pipes Appoints Suniel Shetty as Brand Ambassador  April 4, 2023 Worst of CAD is Behind India, as Experts Lowered Estimates Despite Massive Q3 data  VCs’ ?xation with start-ups’ topline, says CEO of Infosys © Copyright Indiabiz.live 2022. Designed and Developed by Indiabiz 