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Credit crisis in western economies and , more recently , slowing US economymay have contributedto the Indian current account deficit
its large import bill(passive) largely caused bythe deficit in India ’s current account ,
A bigger oil import billcontributedto India 's current account deficit
Rising oil imports and slowing exportshave ledthe current account deficit in India
Although 81 countries have now joined the ITA , its negative consequences for countries in the Global South are exemplified by India : After tariffs were ended , multinational telecommunication and consumer electronics corporations imported floods of cheap Chinese IT goods that displaced Indian manufacturers and supplierscreatingIndia ’s high current account deficit
huge imports of gold and higher costs of crude oil and coal imports(passive) caused byIndia 's large current account deficit
Irrational corrupt indian security agenciescauserising current account deficit in India
factorsinfluencethe current account deficit in India
rising oil pricescontributeto widening current account deficit in India
crude prices softeningto resultin the current account deficit for India
to worsen again in Q2 2013 – May 23 , 2013setto worsen again in Q2 2013 – May 23 , 2013
talks in central government circles of a possible reduction in iron ore export tariffshas promptedtalks in central government circles of a possible reduction in iron ore export tariffs
concern about economic imbalanceshas causedconcern about economic imbalances
the Rupee 's drop on the currency market to record lows in 2013sparkedthe Rupee 's drop on the currency market to record lows in 2013
to a long - term depreciation pathway for the INR and higher interest rateshas ledto a long - term depreciation pathway for the INR and higher interest rates
to worsen this yearis setto worsen this year
from the importing of gold ( which is a currencyresultingfrom the importing of gold ( which is a currency
to risesetto rise