India - April CPI at 9.39% versus March CPI 10.39%, India services PMI falls to 50.7 in April from 51.4 in March; lowest since Oct 2011, January IIP 2.4% vs previous -0.6% in December... CPI of February 10.91% vs previous 10.79% in January, Feb Imports at $41.18bn up by 2.6% YOY, Feb exports at $26.26bn up by 4.6% YOY.. Trade deficit at $14.92bn vs $14.93bn last year, India : Budget for FY 2013-14 announced. Sensex falls by 300 points and Rupee depreciates towards 54.45 levels, January Trade deficit at USD 20bn versus USD 17.6bn (YoY) Exports: USD 25.59bn :0.8% up and Imports: USD 45.58bn :6% up, December IIP at negative 0.6% versus negative 0.1% in the last month, The HSBC Markit services Purchasing Managers' Index, jumped to 57.5 in January from 55.6, October industrial output up 8.2 percent… September industrial output revised to -0.7 pct from -0.4 pct, September IIP slipped to a negative 0.4%, versus +2.7% in August, India's trade deficit stood at $20.9 bn in October, RBI holds repo rate at 8.00 pct, cuts banks' cash reserve ratio by 25 basis points to 4.25 pct, Sept WPI inflation at 7.81 pct. Aug WPI was at 7.55 pct, S&P says India downgrade likely if growth prospects dim, external position deteriorates, political climate worsens or fiscal reforms slow, June Quarter GDP at 5.5% against 5.3% in the march quarter, INFLATION FORECAST FOR 2012-13 RAISED TO 7% FROM 6.5% and GDP GROWTH FOR 2012-13 REVISED LOWER TO 6.5% FROM 7.3%, RBI KEEPS THE POLICY RATES UNCHANGED.. REDUCES THE SLR FROM 24% TO 23%, FOOD INFLATION : 10.81 vs 10.74 (MoM); FUEL INFLATION: 10.27 vs 11.53, JUNE INFLATION COMES AT 7.25% VS 7.55% IN THE MONTH OF MAY, Moody's downgrades Italy, warns of further cut, China’s Growth Slows To Three-Year Low Of 7.6%, The European Central Bank cut rates to a record low 0.75 percent, China's central bank cuts interest rates from 6.31% to 6% in growth move, The HSBC manufacturing Purchasing Managers' Index (PMI) rose to 55.0 in June, a four-month high, from 54.8 in May., The country's current account deficit hit an all-time high of $21.7 billion in the March quarter, or 4.5 percent of gross domestic product (GDP), EU Leaders Ease Debt-Crisis Rules On Spain In Merkel Retreat, Moody's says India rating stable despite challenges, RBI keeps repo rate unchanged at 8 pct, CRR unchanged..., May WPI inflation at 7.55 pct...April WPI was at 7.23 pct, S&P: India may become first BRIC to lose investment-grade rating, China Cuts Interest Rates For the First Time Since 2008, Moody's Investors Service cut the credit ratings of several German banks, India's Services PMI bounces : HSBC's services purchasing managers' index, rose two points to 54.7 in May from 52.8 in the previous month., RBI says there is elbow room in policy on core inflation, drop in oil prices, India's 2011/12 fiscal deficit widens to 5.76 pct of GDP, Euro-Area Unemployment Reaches Record 11%, Led By Spain, India's Services PMI bounces : HSBC's services purchasing managers' index, rose two points to 54.7 in May from 52.8 in the previous month., Rupee fall won't hurt India's ratings: Moody's, No plan to revise diesel, LPG or kerosene prices: Oil Min, India's FX reserves fall to $290 bn in May 18 week : RBI, ECB will lend 800 financial institutions 529.5 billion euros ($712.2 billion) for 3 Yrs, Indian inflation eased to 6.55% in January 2012, Dec IIP growth slows down to 1.8% vs 5.9% in Nov Dec IIP growth slows down to 1.8% vs 5.9% in Nov, Economic growth is likely to fall to a three-year low of 6.9% in 2011-12, RBI cuts CRR by 50 bps, leaves policy rates unchanged, Food price index down 0.42% YoY on Jan 7, Indian economy expected to grow by 7%: PM, India's trade deficit in November was at $13.6 billion, HSBC Markit India Manufacturing PMI jumped to 54.2 from 51.0 in November, RBI may slash CRR by 25 basis points soon, feel experts, Q2 GDP at 6.9%, slowest in 9 quarters, November manufacturing PMI falls to 51 from 52 in Oct - HSBC Markit, Rupee recovers more than 1.5 pct from day's low to 51.76/dlr after suspected RBI intervention, Foreign Banks Double Dollar Deposits at Fed, Japanese Exports Decline as China Sees Prolonged Global Slowdown., Rajoy Party Wins Spanish Elections After Debt Crisis Overwhelms Socialists, Exports up 10.8% in Oct; trade gap at 'worrying' level, Food inflation at 11.81% YoY on Oct 29 2011, EU Summit has agreed to recapitalise weak banks and increase the bail out fund, Credit Policy: RBI hikes repo rate by 25 bps to 8.50%, Food inflation of India at 11.43% YoY on Oct 15, Sept inflation seen easing to 9.70%, August IIP at 4.1% against 3.3% previous month, Fed’s ‘Twist’ Plan Fails to Reassure Investors around the world, Fed Will Shift Treasury Holdings to Longer-Term Securities Fed to Shift Treasury Holdings to Longer-Term Securities in Stimulus Step, IMF trims growth forecasts for India, China, Italy Debt Rating Lowered by S&P on Weaker Growth, Credit Policy: RBI hikes repo rate by 25 bps to 8.25%.CRR remains unchanged at 6%., Moody's downgrade long term ratings of SocGen and Credit Agricole (two major bank of Europe), August inflation was at 9.78 pct against July 9.22 pct, ECB kept interest rate unchanged at 1.5%; Trichet expresses concerns about the economy, BOE keeps interest rate unchanged at 0.5%; no changes to its asset-purchasing program, Fed to Weigh Stimulus This Month: Bernanke, Dollar, Yen Drop as Obama’s Job Creation Proposals Curbs Demand for Safety, Bernanke: Inflation 'Expected To Moderate In Next Q's, Bernanke Says Debt-Limit Agreement Only A First Step, Bernanke: U.S. Benefits From Dollar As Primary Reserve Currency. Dollar Should Remain Currency 'Of Choice', Bernanke Says Current Situation In Many Ways 'Extraordinary, Job Growth Stagnates in U.S. in August as Unemployment Rate Holds at 9.1%, Australia June Building Approvals -3.5% M/M Vs Expected +3%, AUD:RBA KEEPS INTREST RATE UNCHANGED AT 4.75%, EUR:ZEW Economic Sentiment have came weak at -7.0, EUR:German ZEW Economic Sentiment have came weak at -15.1, Bank Of England Holds Asset Purchase Plan At 200b Pounds, EUR:Final GDP q/q came in line with expectations at 0.8%, GBP:Halifax HPI m/m has came better than expected at 1.2%, GBP:Manufacturing PMI was Fail meet the expectations came at 51.3, Chinese Manufacturing PMI for June fell to the lowest level since early 2009.