Trade deficit likely to be in range of $100-110 billion for FY 2016-17: CARE

27 Jan 2017 Evaluate

Ratings agency, Care Ratings in its latest report has estimated that the country’s overall trade deficit may be in the range of $100-110 billion for the financial year 2016-17. The agency has said that, in the first nine months, trade deficit has improved sharply by almost 25 per cent as compared to last year. It also noted that during the period of April-December 2016-17, trade deficit stood at $76.37 billion as compared to $100.08 billion in the same period last year.

As per the Care Report, during the first 9 months of the fiscal 2016-17, the country’s exports were slightly in the positive terrain whereas imports continue to decline by around 7 per cent. It also said that for the year so far, FPI flows into equity has been positive at $2.5 billion as compared to the outflow of $2.7 billion last year same period and added that since October there have been outflows. In case of debt, report said that the picture was negative with overall outflows being $5.3 billion in these three quarters as compared to a net inflow of $2.1 billion last year. It also noted that outflows in the last three months were as high as $6.8 billion and the major withdrawals were from the government securities market which could be due to the capital gains made from a declining interest rate regime.

Talking about the FDI, Care Ratings said that FDI inflows has increased in the first half of the financial year 2016-17 by $5 billion to $21.3 billion as compared to $16.6 billion in the April-September period last fiscal. It also highlighted that FDI has been doing better than FPI flows in the last couple of years as the factors driving them are policy environment and opportunities and not linked with profit motivation unlike FPI. It also added that improving fiscal situation, inflation rate and exports growth augured well to improve sentiments for the investors.

The report further said that during the April-December period of the fiscal 2016-17, the rupee has witnessed varying trends in the last 9 months- it declined in May and June before strengthening in the next four months. It also said that the rupee declined in November and December which was also the time when the FCNR (B) outflows took place and the dollar simultaneously appreciated rapidly after Donald Trump was elected as President of USA.

Create stable, long-term investment portfolio with strong, consistent stocks.

Start Research-backed Investing ...Now. Subscribe to Sapphire

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Fiduciary-first advisory model.
As SEBI-registered IAs, we are legally and ethically bound to act in the best interests of our clients. We do not sell or distribute any financial products. This ensures our guidance is 100% unbiased and conflict-free.
Deep fundamental research + robust valuation discipline.
Built on more than 15 years of equity research, our framework combines quality assessment, intrinsic value estimation, and a sensible margin-of-safety approach.
Process—not predictions.
We don’t rely on guesswork or market timing. Instead, we focus on asset allocation, risk management, and long-term compounding.
Technology + Human Intelligence.
We believe a combination of both is essential for investing success. We constantly innovate and upgrade in-house tools, financial X-rays, and portfolio analytics so that our team of analysts and advisors are equipped with the best.
Partner with Clients.
We follow a DIWM (Do-It-With-Me) approach where we partner clients in setting goals, financial planning, educating on our investing process and share decision-enabling resources transparently with our clients who retain control on execution.

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

Investing in stocks, mutual funds, debt, and gold
Quality-at-Reasonable-Price way of investing in stocks
Constructing Direct Stock Portfolios with Core, Booster, and Amplifier stocks
A Mutual Fund Portfolio that delivers consistent out-performance and meaningful diversification (low overlap)
Periodic review and rebalancing
Clear Buy-Sell-Hold, and Position-sizing frameworks

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.