Ga onbeperkt met Magzter GOLD
Krijg onbeperkte toegang tot meer dan 9000 tijdschriften, kranten en Premium-verhalen voor slechts
Poging GOUD - Vrij
More steps to check CAD on the anvil, says Goyal
Financial Express Ahmedabad
|May 22, 2026
NO FURTHER PLANS TO CURB NON-ESSENTIAL IMPORTS, HE SAYS
AFTER TAKING A series of steps to curb precious metal imports, the government is now set to announce more measures to prevent the current account from running into a big deficit.
“Several steps are under consideration. Various arms of government are working as a team. The situation is globally quite challenging, but we have the confidence and the courage of conviction that we'll come out winners, even in this challenging time,” Commerce and Industry Minister Piyush Goyal said here on Thursday, when asked what more measures the government could take to contain the current account deficit (CAD) and arrest the rupee's slide against the dollar.
On Wednesday, one-year outright forward rates for the rupee crossed the psychologically relevant 100-level against the dollar during intraday trade.
It closed at 96.82, down 29 paise from its previous close of 96.53 in spot market.
Dit verhaal komt uit de May 22, 2026-editie van Financial Express Ahmedabad.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN Financial Express Ahmedabad
Financial Express Ahmedabad
RBI rate-hike buzz gathers steam
THE RESERVE BANK of India (RBI) is considering all of its available options, including an interest rate hike, more currency swaps and raising dollars from investors overseas, to stabilise the rupee according to sources.
1 mins
May 22, 2026
Financial Express Ahmedabad
More steps to check CAD on the anvil, says Goyal
NO FURTHER PLANS TO CURB NON-ESSENTIAL IMPORTS, HE SAYS
3 mins
May 22, 2026
Financial Express Ahmedabad
Trade deal will be finalised in coming weeks: US envoy
THE TRADE AGREEMENT between India and the US will be finalised ‐in the coming weeks or months,‐ and the US will send a delegation to New Delhi in June for further discussions, US Ambassador to India Sergio Gor said on Thursday.
1 mins
May 22, 2026
Financial Express Ahmedabad
GAIL Q4 profit drops 38% as conflict hits LNG supplies
STATE-RUN GAS UTILITY GAIL (India) on Thursday reported a sharp 38% year-on-year fall in the FY26 fourth quarter net profit as disruptions in LNG supplies linked to the West Asia conflict hit gas marketing margins and weakened profitability across key business segments.
1 min
May 22, 2026
Financial Express Ahmedabad
Uber, JSW Group sign pact to co-develop EVs
UBER AND JSW GROUP have signed a memorandum of understanding (MoU) for the joint co-development and deployment of electric vehicles tailored for India's ride-hailing market.
1 min
May 22, 2026
Financial Express Ahmedabad
Brent may hit $200, warns Wood Mackenzie
Extended Hormuz closure to jack up oil prices, says data firm
2 mins
May 22, 2026
Financial Express Ahmedabad
LIC open to NSE stake dilution ahead of IPO
Insurer reports FY26 consolidated profit of ₹57,419 cr, its highest ever
1 mins
May 22, 2026
Financial Express Ahmedabad
Banks bet on green energy to boost credit growth
PUBLIC SECTOR LENDERS POST SURGE IN RENEWABLE-ENERGY LOANS
2 mins
May 22, 2026
Financial Express Ahmedabad
Tiago may get BaaS to lower entry price
TATA MOTORS WILL launch the refreshed Tiago petrol and EV on May 28, with both versions set to receive notable cosmetic updates and distinct styling identities for their respective powertrains.
1 min
May 22, 2026
Financial Express Ahmedabad
Online gaming is on, online betting is not
The Online Gaming Act addresses ambiguity by replacing the older skill-versus-chance inquiry with a money/stakes-plus-enrichment test
3 mins
May 22, 2026
Listen
Translate
Change font size