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Just in:   • 'CSR credit can internalize corporates' sustainability commitment'  • Grief and grit as Indians remember 60 hours of terror  • 'Young Turks need to find alternate ways for finance'  • Emerging countries to discuss US climate offer at Beijing  • New EU rules seen raising cost of Indian chemicals exports  Last updated: 07 Oct, 2009    Europe Losses mount at Porsche before absorption into Volkswagen DPA | 26 Nov, 2009 The parent company of German sports-car maker Porsche declared a massive loss Wednesday, but it said the manufacture of its iconic cars was still profitable..    Read more.... Banks continue to hide huge losses, warns IMF head DPA | 26 Nov, 2009 Banks are continuing to hide huge losses from investors, imperiling the economic recovery, the head of the International Monetary Fund (IMF), Dominique Strauss-Kahn, was quoted Wednesday as saying..    Read more.... Tata pledge: Won't allow Midlands to decline like Detroit Dipankar De Sarkar | 26 Nov, 2009 Tata Motors chief Ravi Kant has said green technologies being embraced by Jaguar Land Rover (JLR) can help a key British manufacturing region avoid the fate of Detroit - home of the declining American auto industry..    Read more.... Ciena Corp. beats Nokia Siemens to buy Nortel assets Gurmukh Singh | 25 Nov, 2009 The US network specialist Ciena Corp beat Nokia Siemens Networks Tuesday to acquire debt-ridden Nortel's optical networking assets, with the American company winning the auction with $769 million..    Read more.... Nokia to bid for Nortel assets IANS | 23 Nov, 2009 Dying Canadian telecom giant Nortel has put up its optical networking and carrier ethernet business for auction..    Read more.... Oil prices dip as inventories stay high in the US SME Times News Bureau | 21 Nov, 2009 Oil prices dropped Friday and were likely to stay under USD 80 because of high energy inventories in the United States, the biggest energy-consuming nation in the world, said analysts..    Read more.... Large gold, silver mine inaugurated in Mexico EFE | 20 Nov, 2009 Canada's Agnico-Eagle Mines has inaugurated a large gold and silver mine in Mexico with an investment of $240 million, the Economy Secretariat said..    Read more.... Unemployment expected to rise in 2010 in Italy IANS/AKI | 20 Nov, 2009 Italy's unemployment rate is expected to increase to 7.6 percent in 2009 and rise even higher in 2010, according to the latest economic outlook from the Organization for Economic Cooperation and Development..    Read more.... EU budget for 2010 to increase by six percent DPA | 19 Nov, 2009 Following tough negotiations, European Union (EU) governments and the European Parliament have agreed on the bloc's budget for 2010..    Read more.... 'Around 1000 German firms want to invest in India' Saurabh Gupta | 18 Nov, 2009 About 1,000 German firms may invest in India, the second fastest growing economy in the world, said Guenther H Oettinger, the Minister- President of State of Baden-Wuerttemberg (Germany), on Tuesday. .    Read more....   Top Stories » 'CSR credit can internalize corporates' sustainability commitment' » 'Young Turks need to find alternate ways for finance' » Changes in Direct Taxes for gems, jewellery industry sought » No need to ban cotton export, says Maran » Focus on R&D, skill development: Nath   Commented Stories » Central Sales Tax (CST) not brought down to 2 percent: report(11) » Ban on cotton exports - justified?(5) » SBI's centralised SME loan process to ensure better loan processing(2) » Foreign Exchange Management Act, 1999 (FEMA) Chapter III(1) » 'SMEs must take advantages of e-marketing'(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 27 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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