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FROM COGENCIS - JP Power: ICICI Bank Acquired 13.6% Share In Co Via Debt Recast ANDREW FRERIS - It Will Be Unwise Of Fed To Hike Rates 3 Time This Year

Where Is The Rupee Headed?

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Abheek Barua, Chief Economist and Senior VP, HDFC Bank states that although the CAD is comparatively smaller than last year due to lower commodity prices and gold imports. However, this does not change the fact that the deficit is still large. He further describes how large-scale selling of Indian equities could affect the CAD in a bad manner, in this segment of In Business.