Nomura revises FY17 CAD forecast to 1.4 pc of GDP

By | 2016-12-17T00:00:00+00:00 December 17th, 2016|Uncategorized|

Global financial services major Nomura has revised upwards India's CAD forecast to 1.4 per cent of GDP for the current fiscal from 0.4 per cent earlier. According to the Japanese brokerage firm India's trade deficit widened to a 16-month high of USD 13 billion in November from USD 10.4 billion in October, as a result [...]

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