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Just in:   • Inflation surges to 7.83 percent, Chidambaram urges patience  • Export textile machinery and components to Bangladesh  • Behind Cannes fest glitz, Bollywood does brisk business  • EU-Latin America summit voices concern over food prices  • Market moves ahead shrugging off inflation, rising crude  Last updated: 18 May, 2008    World News With almost all the votes counted by midnight Tuesday, Hillary led with 55 percent of the vote Hillary Clinton bounces back into White House race Staff Reporter | 23 Apr, 2008 Hillary Clinton scored a much-needed victory over frontrunner rival Barack Obama with a fairly big margin in the Pennsylvania Democratic primary to bounce right back into the White House race.  More Headlines » Philippine farmers surprise soldiers, picket presidential palace » Business urged to speed up greener corporate practices » Serbia calls for talks to resolve Kosovo issue » Malaysia to shelve space programme for lack of funds » Lebanon closes illegal crossings into Syria   Read more....      Asia Pakistan's poor go hungry amid food shortages Fakhr Ahmad | 17 May, 2008 Sukena, a middle-aged mother of two girls, argued with a shopkeeper as she reached her hands into th  Read more.... » OPEC crude price inches up towards $119 mark » China eyes stake in world's largest mining firm » OPEC crude price close to $120 » India's zero import duty ruins Nepal's ghee industry » Bangladesh happy at improving trade ties with India   Read more....  Americas Icahn fights Yahoo board to spur Microsoft deal DPA | 16 May, 2008 Billionaire investor Carl Icahn officially launched a proxy fight to oust the Yahoo board in a bid t  Read more.... » US stocks rise on inflation data » Wall Street gains on retail earnings » US views India's growing prosperity as "a positive thing" » Wall Street dips on financial, commodity shares » Citigroup to unload $400 billion non-core assets   Read more....    Africa / Middle East Pakistan woos UAE investors for housing IANS | 12 May, 2008 Pakistan has invited investors from the United Arab Emirates (UAE) to invest in its low-cost housing  Read more.... » Food crisis an opportunity for African farmers » Dubai to become world's top marine tourism destination » World's largest reinsurance company launched » Ahmadinejad faces new dilemma as rice prices rise in Iran » Bush to attend World Economic Forum meeting in Egypt   Read more....  Europe IT services and BPOs to survive US slowdown: report IANS | 12 May, 2008 Despite fears, the slowdown in the US economy would at best have a moderate impact on the global IT   Read more.... » Russian steel maker Severstal to buy US mill » Doha deal can help resolve food crisis: WTO » Canada gets record FDI since tech bubble » European Commission gives Italy 14 days to respond on Alitalia » Every government under threat, Gordon Brown warns   Read more....       Top Stories » Inflation surges to 7.83 percent, Chidambaram urges patience » Market moves ahead shrugging off inflation, rising crude » Export cargo to now get transit insurance cover » No increase in steel price for next three months: SAIL » CII outlines 10-point agenda for MSMEs   Commented Stories » Kalam releases handbook for small entrepreneurs(28) » Central Sales Tax (CST) not brought down to 2 percent: report(12) » India-Africa trade: more incentives could double exports to Africa(9) » SMEs - help yourself to succeed(8) » US calling - opportune time for Indian exporters(6)   Customs Exchange Rates Currency Import Export US Dollar 40.50 39.90 UK Pound 80.05 78.70 Euro 63.65 62.55 Japanese Yen 38.95 38.20 As on 18 May, 2008   Daily Poll Do you agree the government should review the textile export target set for this fiscal (2008-09)?  Yes  No  Can't say

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