Trade Data
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December trade deficit at $9.43 billion, falls to 10-month low
Fp Archives •India's trade deficit declined to 10-month low of $9.43 billion in December mainly on account of falling imports due to slump in crude prices, though exports too have come down.
Economy at its worst: IIP data is a wake up call for Chidambaram
Fp Editors •A close look at the IIP data shows that slowdown is getting more broadbased. As many as 16 industries, covering consumer goods to manufacturing sectors, witnessed a decline in output during June. Only 10 industries witnessed a growth.<br /><br />
Nifty futures, Asian indices down; China trade data disappoints
Vembu •Indices across the region are down after China trade data pointed to weakness. Back home, investors are betting on faster interest rate cuts in response to the IIP data shocker.
Markets close at new record high as Oct trade deficit of $13.3 bn boosts sentiment
Fp Staff •Indian equity markets, which were consolidating all day, got a positive boost toward the fag-end as India's trade deficit for October beat expectations at $13.35 billion.<br />