NIFTY  9,595.10  0.90%
  SENSEX  31,028.20  0.90%
 CURRENCY  Rs  64.45/$ 72.07/€, 82.52/£
  GOLD  28,884.00  0.78%
  SILVER  40,130.00  0.82%
  DAX  12,602.20  -0.15%
  FTSE  7,547.63  0.40%
  CAC  5,336.64  -0.01%
  HANG SENG  25,639.30  0.03%
  NIKKEI  19,686.80  -0.64%
  Shanghai Composite  3,110.06  0.04%
  DOW JONES  21,080.30  -0.01%
  NASDAQ  6,210.19  0.08%
  S&P 500  2,415.82  0.03%
FROM REUTERS : Pepsico In Bid To Acquire Vita Coco Owner: Sources I.T. MINISTER : To Meet I.T. Cos CEOs In First Week Of June: Reports : To Discuss Job Losses Issue With I.T. Cos CEOs NEWSFLASH : Bill Seeking H1B Limits Exemption For Foreigners With U.S. PhD Introduced ARCELORMITTAL : Wins Bid To Buy Italy's Ilva Steel Plant For Approx $2.24 bn: Reuters ARCELORMITTAL : Wins Bid Along With Steel Processor Marcegaglia: Reuters

CAD Expected At 4.3%-4.5%

Video:

Play this video

Abheek Barua, Chief Economist, and Senior VP, HDFC Bank expects the country’s Current Account Deficit between 4.3%-4.5% this year, compared to 5% last year. However, this does not change the fact that it is still abnormally large and above the comfort levels suggested by the RBI. Tune in to this segment of In Business to know whether the worst is finally over for the current account deficit.