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Just in:   • SMEs will get priority in India-EU deal: Anand Sharma  • Fill supply-demand gap between Australia-India: Experts  • India has a seat at table of global influence: US official  • India, EU ink n-pact; likely to clinch trade pact by 2010  • US unemployment rate rises to 10.2 percent  Last updated: 07 Nov, 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.  More Headlines » Crisis caused Asia's rise as regional financial hub, say economists » Mortgage lender Fannie Mae posts nearly $19 bn loss » Petrobras signs $10 bn loan deal with China » Russia to prospect for oil in Cuba » Microsoft launches on-demand e-mail solutions in India   Read more....       Headlines 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.... 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....       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 » 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) » FTA with Korea - a landmark achievement(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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