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.

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