The Current Account Deficit, for the first half of the current year (2012-13) stood at US$ 38.7 billion or 4.6% of GDP. The main contributors to the CAD were

Exports recorded a sharp decline of 7.4%, while imports recorded a smaller decline of 4.3% leading to widening of the trade deficit. Of the imports, gold imports amounted to US$ 20.25 billion. This was partly made up by an increase in services exports of 4.2% and, consequently, surplus in services which amounted to US$ 29.6 billion and remittances of US$ 32.9 billion......Read More

India Spend

    Completely scale adaptive channels through value-added deliverables. Monotonectally network intermandated partnerships before interactive meta-services. Energistically provide access to one-to-one e-services before holistic synergy. Assertively create an expanded array of web-readiness whereas goal-oriented potentialities. Authoritatively grow multimedia based users through granular outsourcing.