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Just in:   • 'Indian manufacturing industry set to grow'  • SMEs will get priority in India-EU deal: Anand Sharma  • Fill supply-demand gap between Australia-India: Experts  • Head of GM Europe may join Tata motors: Report  • India has a seat at table of global influence: US official  Last updated: 07 Oct, 2009    Global Business US unemployment rate rises to 10.2 percent DPA | 07 Nov, 2009 The US unemployment rate surged to 10.2 percent in October, the highest in 26 years, as another 190,000 people lost their jobs during the month, officials said Friday..    Read more.... UAE, France seek to boost economic cooperation IANS | 07 Nov, 2009 The United Arab Emirates (UAE) and France have pledged to enhance cooperation in the trade sector, which grew by 25 percent to more than $4 billion in 2008, WAM news agency reported..    Read more.... Mexico no longer in recession, says president EFE | 07 Nov, 2009 The Mexican economy grew 2.7 percent in the third quarter and has therefore climbed out of its worst recession in decades, President Felipe Calderon has said..    Read more.... ArcelorMittal to invest $5 bn in new steel mill in Brazil EFE | 07 Nov, 2009 ArcelorMittal SA, the world's largest steelmaker, plans to invest $5 billion to build a new steel mill in Brazil, CEO Lakshmi Mittal said in statements published by Brazilian business daily Valor..    Read more.... Zia blames 'foreign hand' for industrial violence IANS | 07 Nov, 2009 Former Bangladesh prime minister Khaleda Zia has blamed "instigation by competitor foreign countries" for the recurring violence in the country's money-spinning garment sector..    Read more.... Four Indians charged in US insider trading case SME Times News Bureau | 07 Nov, 2009 Four persons of Indian origin are among those charged in America's largest ever insider trading case replete with all the elements of a classic television crime drama - wiretaps, clandestine cash handoffs and people with nicknames like "the Greek" and "the Octopussy"..    Read more.... UAE world's top cast iron rods importer in 2008 SME Times News Bureau | 06 Nov, 2009 The United Arab Emirates (UAE) has imported cast iron rods worth $6.77 billion in 2008, a 237 percent increase over last year and 14 times more than the global growth rate of imports, WAM news agency reported..    Read more.... Crisis caused Asia's rise as regional financial hub, say economists DPA | 06 Nov, 2009 The global financial crisis has triggered the rise of Asia as a regional financial hub with the Asian economy leading the world economy's recovery, economists said Friday in Seoul..    Read more.... Mortgage lender Fannie Mae posts nearly $19 bn loss DPA | 06 Nov, 2009 US mortgage lender Fannie Mae said Thursday that it would seek $15 billion in federal aid, after posting its ninth consecutive quarterly loss..    Read more.... Petrobras signs $10 bn loan deal with China EFE | 06 Nov, 2009 Brazilian state-controlled energy giant Petrobras said that it has signed a contract finalising a 10-year, $10 billion loan from China Development Bank (CDB) Corp, the biggest-ever financing deal between a Chinese entity and a Brazilian firm..    Read more....   Top Stories » SMEs will get priority in India-EU deal: Anand Sharma » India, EU ink n-pact; likely to clinch trade pact by 2010 » New price index shortly, says commerce ministry » PM to inaugurate India Economic Summit on Sunday » Textile manufacturers eying domestic market: report   Commented Stories » Industrial city Kanpur at its deathbed(2) » PMEGP to assist entrepreneurs financially: Dinesh Rai(2) » Another stimulus package for exporters?(2) » MSME Ministry proposes new scheme(1) » The Silk Road - A journey through history(1)   Customs Exchange Rates Currency Import Export US Dollar 47.30 46.40 UK Pound 77.50 75.55 Euro 70.65 68.90 Japanese Yen 51.60 50.15 As on 07 Nov, 2009   Daily Poll Do you agree the government should announce another stimulus package for the exporters?  Yes  No  Can't say

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