India is actively exploring ways to manage its current account deficit and the weakening rupee. The government is monitoring the global economic situation, including the impact of the Iran war. Steps are being considered to address the widening trade gap. Recent measures include increased import duties on gold and silver, along with restrictions on certain silver imports.

India's current account deficit is projected to rise to 2.2% of GDP due to escalating oil prices, warns Crisil.

The Indian rupee is facing intense pressure due to rising crude oil prices, a strengthening dollar, and widening deficits. The Reserve Bank of India has actively intervened,…

The Commerce Department seeks industry input to boost exports and reduce imports amid rising oil prices and a widening trade deficit.

Commerce and Industry Minister Piyush Goyal on Thursday said the government is monitoring the present situation and several steps are under consideration to contain the widening…

"We are monitoring the situation ... and several steps are under consideration. The situation is globally quite challenging," Goyal said.

Union commerce and industry minister Piyush Goyal on Thursday addressed concerns around the rupee’s decline, the widening current account deficit (CAD), and shared updates on the…

India's RBI considers interest rate hikes and other measures to stabilize the rupee amid significant currency depreciation concerns.

Govt unites to stabilize the falling rupee, considering various measures amid global economic challenges, says Piyush Goyal.

India is actively exploring ways to manage its current account deficit and the weakening rupee. The government is monitoring the global economic situation, including the impact of…

NEW DELHI/MUMBAI: Amid a depreciating rupee, commerce and industry minister Piyush Goyal on Thursday said govt is considering several measures to contain the widening current…

India considers additional measures to curb the widening current account deficit as the rupee hits a record low, following a recent hike in gold import duties.

India's Commerce Minister Piyush Goyal stated the government does not control exchange rates. These are determined by market forces and global factors. The rupee has recently…