NIFTY  8,940.75  0.37%
  SENSEX  28,885.10  0.43%
 CURRENCY  Rs  66.93/$ 70.86/€, 83.36/£
  GOLD  29,220.00  -0.28%
  SILVER  42,668.00  -0.39%
  DAX  11,967.50  1.18%
  FTSE  7,274.83  -0.34%
  CAC  4,888.76  0.41%
  HANG SENG  23,963.60  -0.76%
  NIKKEI  19,381.40  0.68%
  Shanghai Composite  3,253.33  0.23%
  DOW JONES  20,743.00  0.58%
  NASDAQ  5,865.95  0.47%
  S&P 500  2,365.38  0.60%
BTVI ALERT - Effexor Is Used To Treat Depression USFDA - Aurobindo Pharma Recalls 47,040 Generic Effexor XR Bottles

“Weak Rupee Finally Reflected In Trade Data”

Video:

Play this video

September 11: Referring to the August trade data, Madan Sabnavis, Chief Economist at Care Ratings, says the import and export trends are looking sustainable. “Government measures to curb gold imports seem to be working,” he says, adding that price competitiveness due to a weak rupee and recovering economies of India’s trade partners is raising exports. He adds that positive core data also signals stronger IIP growth.