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    <description><![CDATA[Tradebits - Indian manufacturers  suppliers and  exporters importers directory list with contact details.Indian manufacturers,exporters,suppliers directory,India exporter,manufacturer,supplier India,India exporter,India manufacturer,India supplier,exporter directory,India manufacturers,suppliers India,supplier directory,manufacturers directory,Indian exporters directory,India,exporters yellow pages,Indian exporter,supplier directory,manufacturer directory,indian service providers,business to business portal India,business directory,exporters India,suppliers,manufacturer,importers,traders,dealers,buyers,e-commerce,electronic trade & commerce,Indian b2b portal,b2b India,tradeindia.]]></description><lastBuildDate>April 17,2026</lastBuildDate><item><title><![CDATA[Indian Chemical Exports To Double In Next 3 Yrs: CHEMEXCIL [July 28,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1223/Indian_Chemical_Exports_To_Double_In_Next_3_Yrs_CHEMEXCIL/index.html]]></guid><description><![CDATA[In a leg-up to chemical industry towards reducing the cost of complying with the European Union legislation --REACH--, the Good Manufacturing Practises (GMP) laboratories in the country have been accredited by the Organisation of Economic Cooperation.....]]></description><pubDate>July 28,2011</pubDate></item><item><title><![CDATA[FM To Clear Air On Wheat Exports Soon [July 28,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1224/FM_To_Clear_Air_On_Wheat_Exports_Soon/index.html]]></guid><description><![CDATA[Amid confusion over lifting of ban on wheat exports, Finance Minister Pranab Mukherjee on Wednesday said the issue was being discussed with the Commerce Ministry and the matter would be sorted out soon.Earlier this month, Agriculture Minister Sharad .....]]></description><pubDate>July 28,2011</pubDate></item><item><title><![CDATA[Rupee Down By 5 Paise Against US Dollar In Early Trade Paise  [July 28,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1225/Rupee_Down_By_5_Paise_Against_US_Dollar_In_Early_Trade_Paise_/index.html]]></guid><description><![CDATA[MUMBAI: The Indian rupee, which nearly hit a three-year high in yesterday's trade, lost 5 paise to Rs 44.13 perUS dollar in early trade on the Interbank Foreign Exchange today, weighed down by dollar gains against other currencies overseas and a weak.....]]></description><pubDate>July 28,2011</pubDate></item><item><title><![CDATA[82 Firms To Export 10 Lakh Tonnes Of Non-Basmati Rice [July 28,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1226/82_Firms_To_Export_10_Lakh_Tonnes_Of_Non-Basmati_Rice/index.html]]></guid><description><![CDATA[State-owned trading firm STC is among the 82 exporters that have been allowed to export 10 lakh tonnes of non-basmati rice at a fixed export price of USD 400 per tonne, the commerce ministry today said."The document submission to DGFT for export of 1.....]]></description><pubDate>July 28,2011</pubDate></item><item><title><![CDATA[Pepper Ends Down Nearly Rs. 500 As Profit Taking Continues [July 28,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1227/Pepper_Ends_Down_Nearly_Rs_500_As_Profit_Taking_Continues/index.html]]></guid><description><![CDATA[Indian pepper futures dipped further in the afternoon trading session on long liquidations. Prices dipped on long liquidation at higher levels, despite the strong fundamentals. Weak export demand is adding selling pressure in Indian pepper futures at.....]]></description><pubDate>July 28,2011</pubDate></item><item><title><![CDATA[Rupee Down By 5 Paise Against U.S. Dollar [July 25,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1219/Rupee_Down_By_5_Paise_Against_US_Dollar/index.html]]></guid><description><![CDATA[The Indian rupee fell by 5 paise to Rs. 44.40 against the U.S. dollar in  early trade on the Interbank Foreign Exchange on Monday, weighed by  weakness in shares and some demand from importers for the American  currency.Forex dealers said in addition.....]]></description><pubDate>July 25,2011</pubDate></item><item><title><![CDATA[Jeera May Continue Uptrend On Firm Exports [July 25,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1220/Jeera_May_Continue_Uptrend_On_Firm_Exports/index.html]]></guid><description><![CDATA[Trend remained bullish for Jeera last week as export queries were  reported in the mandis amidst rise in domestic demand also and falling  arrivals in the markets. Traders expect overall trend to remain firm on  rising exports for the commodity in co.....]]></description><pubDate>July 25,2011</pubDate></item><item><title><![CDATA[More Slovak Exports To India Sought [July 25,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1221/More_Slovak_Exports_To_India_Sought/index.html]]></guid><description><![CDATA[SLOVAKIA registered a negative trade balance of &euro;89 million with India  last year. While imports from India to Slovakia amounted to &euro;160.83  million, Slovakia&rsquo;s exports to India totalled &euro;71.76 million.&ldquo;Slovakia  has a high.....]]></description><pubDate>July 25,2011</pubDate></item><item><title><![CDATA[Electrical Transformer Industry Fears Raw Material Shortage [July 25,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1222/Electrical_Transformer_Industry_Fears_Raw_Material_Shortage/index.html]]></guid><description><![CDATA[The Rs 16,000-crore Indian electrical transformer industry, represented  by the Indian Transformer Manufacturers' Association (ITMA) has urged  the Power Ministry to frame new guidelines to cope with raw material  shortages."We expect a shortage of c.....]]></description><pubDate>July 25,2011</pubDate></item><item><title><![CDATA[Food Ministry Not In Favour Of More Rice Exports Immediately [July 23,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1214/Food_Ministry_Not_In_Favour_Of_More_Rice_Exports_Immediately/index.html]]></guid><description><![CDATA[The Food Ministry today said it is not in the favour of allowing immediate export of additional quantity of non-basmati rice.Recently, the government had allowed export of 1 million tonnes at minimum export price of USD 400 a tonne."Not  now. Let us .....]]></description><pubDate>July 23,2011</pubDate></item><item><title><![CDATA[India's Exports Remains Buoyant Despite Competition From Chinese Goods, Slowing World Economy [July 23,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1215/India's_Exports_Remains_Buoyant_Despite_Competition_From_Chinese_Goods_Slowing_World_Economy/index.html]]></guid><description><![CDATA[India's exports have remained buoyant in the face of competition from  Chinese goods and a slowing world economy, thanks to exporters  differentiating products and moving into goods higher up the value  chain.India's share in merchandise world trade .....]]></description><pubDate>July 23,2011</pubDate></item><item><title><![CDATA[Jewellery Exports Up 16pc In June To $4b [July 23,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1216/Jewellery_Exports_Up_16pc_In_June_To_$4b/index.html]]></guid><description><![CDATA[After posting a robust expansion of 33.5 per cent in May, gems and  jewellery exports grew at a slower but healthy pace of 16.7 per cent to  $3.9 billion in June year-on-year.Traders said the demand in June from the main markets like the UAE and the .....]]></description><pubDate>July 23,2011</pubDate></item><item><title><![CDATA[India Coffee Crop May Rise to Record on Weather, Board Says [July 23,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1217/India_Coffee_Crop_May_Rise_to_Record_on_Weather_Board_Says/index.html]]></guid><description><![CDATA[Coffee production in India, the third biggest grower in Asia, may rise  6.7 percent to a record next year aided by good rains, and likely  boosting exports.Output for the crop year starting Oct. 1 may  rise to 322,250 metric tons from 302,000 tons a .....]]></description><pubDate>July 23,2011</pubDate></item><item><title><![CDATA[Nigeria: Trade With India Hits U.S.$12.6 Billion [July 23,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1218/Nigeria_Trade_With_India_Hits_US$126_Billion/index.html]]></guid><description><![CDATA[India High Commissioner in Nigeria, Mahesh Sachdev has said that the  trade volume between Nigeria and India is now $12.6 billion.He said India's investment in Nigeria as at 2010 was $5 billion.Sachdev  said this on Tuesday during a courtesy visit to.....]]></description><pubDate>July 23,2011</pubDate></item><item><title><![CDATA[India Ranked 10th In Services Export Worldwide: Report [July 22,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1209/India_Ranked_10th_In_Services_Export_Worldwide_Report/index.html]]></guid><description><![CDATA[India achieved 10th rank in export of services worldwide, while emerged  as the 20th biggest merchandise exporter in 2010, according to a latest  WTO report.In 2009, the country stood at the 12th and 22nd position globally in services and goods expor.....]]></description><pubDate>July 22,2011</pubDate></item><item><title><![CDATA[Jeera May Gain On Export Demand [July 22,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1210/Jeera_May_Gain_On_Export_Demand/index.html]]></guid><description><![CDATA[Moderately Bullish trend prevailed for Jeera as export queries and low  arrivals supported the market trend. Traders expect overall trend to  remain firm on rising exports for the commodity in coming weeks.Rains  in Gujarat had slight bearish impact .....]]></description><pubDate>July 22,2011</pubDate></item><item><title><![CDATA[Customs Act To Be Amended To Recover Tax Dues [July 22,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1211/Customs_Act_To_Be_Amended_To_Recover_Tax_Dues/index.html]]></guid><description><![CDATA[In a bid to recover taxes running into thousands of crores of rupees,  the Union Cabinet on Thursday approved an amendment Bill for  introduction in Parliament to enable revalidation of show cause notices  issued by the Customs authorities after they.....]]></description><pubDate>July 22,2011</pubDate></item><item><title><![CDATA[India Pulses May Trade Firm As Global Production Declines [July 22,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1212/India_Pulses_May_Trade_Firm_As_Global_Production_Declines/index.html]]></guid><description><![CDATA[Prices of pulses in India are expected to remain firm as global  production of pulses may come down by 5% to 57 million tons for the  current year. This is when compared to 60 million tons for 2010.The growing demand and supply constraint of pulses i.....]]></description><pubDate>July 22,2011</pubDate></item><item><title><![CDATA[Sesa Goa Expects FY-12 Volume Growth To Slip To 15-16% [July 22,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1213/Sesa_Goa_Expects_FY-12_Volume_Growth_To_Slip_To_15-16%/index.html]]></guid><description><![CDATA[India's largest iron ore exporter , expects sales volume to slow down to  15 to 16 percent in the current fiscal year as exports remain suspended  from its operations in the southern state of Karnataka, its managing  director said on Friday."While th.....]]></description><pubDate>July 22,2011</pubDate></item><item><title><![CDATA[Two Days For Rice Export Registration; Traders Decry Move [July 21,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1204/Two_Days_For_Rice_Export_Registration;_Traders_Decry_Move/index.html]]></guid><description><![CDATA[The first-come-first-serve basis registration for export of non-basmati  rice will remain open only for two working days starting tomorrow,  prompting traders to allege that the move would favour a few.Besides,  the government has fixed a low export .....]]></description><pubDate>July 21,2011</pubDate></item><item><title><![CDATA[Rice Exporters Flay $400 Floor, Say It May Lead To Diversion From PDS [July 21,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1205/Rice_Exporters_Flay_$400_Floor_Say_It_May_Lead_To_Diversion_From_PDS/index.html]]></guid><description><![CDATA[The government's decision to allow exports of non-basmati rice at a  minimum export price of $400 per tonne would lead to diversion of rice  from the public distribution system (PDS), rice exporter have said.&ldquo;The  MEP of $400 is unreasonable an.....]]></description><pubDate>July 21,2011</pubDate></item><item><title><![CDATA[India May Remove 5pct Duty On Coking Coal - Report [July 21,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1206/India_May_Remove_5pct_Duty_On_Coking_Coal_-_Report/index.html]]></guid><description><![CDATA[To boost India-New Zealand bilateral ties, the finance ministry is eager  to consider exempting the 5% customs duty on weak coking coal for steel  makers using the blast furnace route. It has asked the steel ministry  if it wanted a zero duty window......]]></description><pubDate>July 21,2011</pubDate></item><item><title><![CDATA[Puthussery Decries Rubber Import [July 21,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1207/Puthussery_Decries_Rubber_Import/index.html]]></guid><description><![CDATA[The decision taken by the Union government to import 40,000 tonnes of  rubber and reduce the import duty from 20 per cent to 7.5 cent is highly  detrimental to the State's rubber sector, former MLA Joseph M.  Puthussery has said.In a statement here o.....]]></description><pubDate>July 21,2011</pubDate></item><item><title><![CDATA[Exporters Expect Govt To Retain Sops Amidst Tough Going [July 21,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1208/Exporters_Expect_Govt_To_Retain_Sops_Amidst_Tough_Going/index.html]]></guid><description><![CDATA[Exporters' body FIEO today asked its members not to panic over  discontinuation of the DEPB tax neutralisation scheme after September  30, as it is working with the government to find a solution."We  are trying to convince the government that the rat.....]]></description><pubDate>July 21,2011</pubDate></item><item><title><![CDATA['Govt, Pvt Sector Must Focus On AEZs To Boost Agri Exports' [July 20,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1199/'Govt_Pvt_Sector_Must_Focus_On_AEZs_To_Boost_Agri_Exports'/index.html]]></guid><description><![CDATA[In a bid to increase India's agri exports, the government and private  sector should focus on improving agriculture export zones (AEZs),  industry body Assocham today said."AEZs deserve a boost by  policymakers...India ranks dismally low in global tr.....]]></description><pubDate>July 20,2011</pubDate></item><item><title><![CDATA[Decision To Import Rubber Triggers Row [July 20,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1200/Decision_To_Import_Rubber_Triggers_Row/index.html]]></guid><description><![CDATA[THIRUVANANTHAPURAM Rubber plantation owners in Kerala are wary with the  commerce ministry&rsquo;s decision to allow the import of 40,000 tonnes of  natural rubber at a reduced rate of 7.5 per cent customs duty for the  financial year 2011-12.Though .....]]></description><pubDate>July 20,2011</pubDate></item><item><title><![CDATA[Italian Debt Crisis Casts Shadow Over Coffee Exports From India [July 20,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1201/Italian_Debt_Crisis_Casts_Shadow_Over_Coffee_Exports_From_India/index.html]]></guid><description><![CDATA[India exports 200,000 tonnes annually and around 25 per cent of this is routed towards Italy.The  Italian debt crisis is casting a shadow over the prospects of coffee  exports from India, as this European country is the largest importer of  coffee fr.....]]></description><pubDate>July 20,2011</pubDate></item><item><title><![CDATA[India Produces Record Oilseeds; Edible Oil Import To Go Down [July 20,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1202/India_Produces_Record_Oilseeds;_Edible_Oil_Import_To_Go_Down/index.html]]></guid><description><![CDATA[India produced a record 31.10 million tonnes oilseeds in the 2010-11  crop year ending June, which would bring down the country's import of  the edible oil.According to the fourth advance estimates  prepared by the agriculture ministry, the country i.....]]></description><pubDate>July 20,2011</pubDate></item><item><title><![CDATA[Govt Committee Holds Consultation With Exporters [July 20,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1203/Govt_Committee_Holds_Consultation_With_Exporters/index.html]]></guid><description><![CDATA[A government committee on devising an alternative to DEPB, an export  incentive scheme ending on September 30, today held consultations with  exporters who pressed for continuation of the sop to boost the  country''s external trade.The exporters made.....]]></description><pubDate>July 20,2011</pubDate></item><item><title><![CDATA[India�s Seafood Exports Likely To Touch $ 4.7 Billion By 2013-14: ASSOCHAM [July 18,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1194/India�s_Seafood_Exports_Likely_To_Touch_$_47_Billion_By_2013-14_ASSOCHAM/index.html]]></guid><description><![CDATA[India&rsquo;s seafood exports are likely to touch $4.7 billion by 2013-14 from  $2.84 billion in 2010-11 provided key thrust areas like value-addition,  expansion of aquaculture, technological upgrade and tapping unexplored  resources get a boost, AS.....]]></description><pubDate>July 18,2011</pubDate></item><item><title><![CDATA[Traders May Not Benefit From Wheat Export [July 18,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1195/Traders_May_Not_Benefit_From_Wheat_Export/index.html]]></guid><description><![CDATA[The government move to lift the fouryear-old ban on wheat export is  unlikely to make a major impact on domestic prices as Indian prices are  not at parity with global prices. Traders feel that the best parity in  export of wheat will come for Rajkot.....]]></description><pubDate>July 18,2011</pubDate></item><item><title><![CDATA[Retail FDI: Secy's Panel To Meet On Friday [July 18,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1196/Retail_FDI_Secy's_Panel_To_Meet_On_Friday/index.html]]></guid><description><![CDATA[In a concrete sign that the government is moving towards allowing global  giants such as Walmart, Tesco and Carrefour to set up deep discount  stores in India, a committee of secretaries (CoS) will meet on Friday to  discuss a formal proposal to allo.....]]></description><pubDate>July 18,2011</pubDate></item><item><title><![CDATA[India Faces A Reversal In Cotton Business [July 18,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1197/India_Faces_A_Reversal_In_Cotton_Business/index.html]]></guid><description><![CDATA[India, the world&rsquo;s  second biggest exporter of cotton, could turn into an importer within  three or four years because of falling yields, forcing the country&rsquo;s  textile mills to compete for supplies with the top importer, China.Despite  r.....]]></description><pubDate>July 18,2011</pubDate></item><item><title><![CDATA[South Korea's June PVC Exports Rise 5% On Month On Strong India Demand [July 18,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1198/South_Korea's_June_PVC_Exports_Rise_5%_On_Month_On_Strong_India_Demand/index.html]]></guid><description><![CDATA[South Korea's PVC exports in June rose 5.3% month on month to 49,664 mt,  customs data released last Friday showed. The country's PVC exports to  India were 14,007 mt in June, up 67.1% from 8,382 mt in May. India's PVC  demand was strong in June in o.....]]></description><pubDate>July 18,2011</pubDate></item><item><title><![CDATA[Natural Rubber Imports Set To Increase On Tyre Demand [July 16,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1189/Natural_Rubber_Imports_Set_To_Increase_On_Tyre_Demand/index.html]]></guid><description><![CDATA[Natural rubber imports by India, the fourth-biggest producer, may climb  as much as 13% this year as rising car sales lift demand for the  commodity used in tyres and gloves.Purchases may climb to about  200,000 tonnes in the year that began on April.....]]></description><pubDate>July 16,2011</pubDate></item><item><title><![CDATA[Finance Ministry Bars SEZ Developers From Selling Controlling Stake In Their Ventures [July 16,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1190/Finance_Ministry_Bars_SEZ_Developers_From_Selling_Controlling_Stake_In_Their_Ventures/index.html]]></guid><description><![CDATA[In a move to prevent special economic zones (SEZs) from turning into real estate projects, the finance ministry has barred SEZ developers from selling controlling stake in their ventures."Transfer  of controlling stake in an SEZ project is equivalent.....]]></description><pubDate>July 16,2011</pubDate></item><item><title><![CDATA[Govt To Open FDI In Retail From April '12 [July 16,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1191/Govt_To_Open_FDI_In_Retail_From_April_'12/index.html]]></guid><description><![CDATA[The government is likely to permit foreign direct investment (FDI) in  the multi-brand retail sector from April 2012 and is expected to come up  with a final draft of a proposal in this regard by the end of July.This  would come as a big relief to gl.....]]></description><pubDate>July 16,2011</pubDate></item><item><title><![CDATA[Marine Exports Likely To Touch $ 4.7 bn By 2013-14: ASSOCHAM [July 16,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1192/Marine_Exports_Likely_To_Touch_$_47_bn_By_2013-14_ASSOCHAM/index.html]]></guid><description><![CDATA[The exports of marine products from India set an all-time record of 8.07 lakh tonnes in 2010-11India&rsquo;s  seafood exports are likely to touch 4.7 bn dollars by 2013-14 from 2.84  bn dollars in 2010-11 provided key thrust areas like value-addition.....]]></description><pubDate>July 16,2011</pubDate></item><item><title><![CDATA[North Indian Tea Exports Up 30% In May 2011 [July 16,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1193/North_Indian_Tea_Exports_Up_30%_In_May_2011/index.html]]></guid><description><![CDATA[Tea exports from North India rose by 30% to 4.8 million kg in May 2011  on the back of increased demand from overseas markets and a decline in  production in Kenya.North India had exported 3.7 million kg of tea in the year-ago period, according to th.....]]></description><pubDate>July 16,2011</pubDate></item><item><title><![CDATA[Indian Vegoil Imports Up By Almost A Third Last Month [July 15,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1184/Indian_Vegoil_Imports_Up_By_Almost_A_Third_Last_Month/index.html]]></guid><description><![CDATA[INDIA'S vegetable oil imports in June rose by 30% to 862,550 tonnes  compared to the previous month, the third straight monthly rise, the  Solvent Extractors' Association of India (SEAI) said on Thursday.The  imports are the highest since November, o.....]]></description><pubDate>July 15,2011</pubDate></item><item><title><![CDATA[Traders Rush To Take Advantage Of Record-High Global Sugar Prices [July 15,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1185/Traders_Rush_To_Take_Advantage_Of_Record-High_Global_Sugar_Prices/index.html]]></guid><description><![CDATA[Sugar traders are signing deals at $775 per tonne free on board (FOB) to  take advantage of record-high international prices to sell 5,00,000  tonne of exports approved three weeks ago, three dealers and one analyst  told Reuters.Good demand from nei.....]]></description><pubDate>July 15,2011</pubDate></item><item><title><![CDATA[Sharma To Push National Mfg Policy [July 15,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1186/Sharma_To_Push_National_Mfg_Policy/index.html]]></guid><description><![CDATA[Commerce &amp; industry minister is set to push the National  Manufacturing Policy that has been in the making for 18 months, with  labour and environment ministries over the next few days.The  three ministries are seen to be blocking the policy whic.....]]></description><pubDate>July 15,2011</pubDate></item><item><title><![CDATA[Unfortunate Timing Of India's Decision To Export Wheat [July 15,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1187/Unfortunate_Timing_Of_India's_Decision_To_Export_Wheat/index.html]]></guid><description><![CDATA[Competition in the wheat market is getting tougher. India's decision to  export wheat after a four-year ban, will not be a revolutionary success  as such, since the resurfacing of Russian exports is expected with  cheaper grain. This announcement has.....]]></description><pubDate>July 15,2011</pubDate></item><item><title><![CDATA[Fertiliser Dept Alerts MEA On Potash Cartel [July 15,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1188/Fertiliser_Dept_Alerts_MEA_On_Potash_Cartel/index.html]]></guid><description><![CDATA[The Department of Fertilisers (DoF) has raised concerns before the  Ministry of External Affairs (MEA) over the inability of Indian  companies to import potash due to an increase in the prices of the  commodity by an international cartel, even as the.....]]></description><pubDate>July 15,2011</pubDate></item><item><title><![CDATA[Total Drug Requirements From India and Bangladesh - Ministry [July 14,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1179/Total_Drug_Requirements_From_India_and_Bangladesh_-_Ministry/index.html]]></guid><description><![CDATA[The country&rsquo;s full requirement of drugs, medical and laboratory  equipment hitherto imported by registered medical suppliers will be  purchased from India and Bangladesh on government to government  agreements, Health Minister Maithripala Siris.....]]></description><pubDate>July 14,2011</pubDate></item><item><title><![CDATA[India Misses Bus With Wheat Export Call [July 14,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1180/India_Misses_Bus_With_Wheat_Export_Call/index.html]]></guid><description><![CDATA[India's plan to sell wheat after a four-year ban will find few takers as  resumption of Russian exports is likely to flood the market with  cheaper grain, already a nightmare for top suppliers the United States  and Australia.New Delhi's move will on.....]]></description><pubDate>July 14,2011</pubDate></item><item><title><![CDATA[India's Coffee Exports Up 55% To 40000 Tonne In June 2011 [July 14,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1181/India's_Coffee_Exports_Up_55%_To_40000_Tonne_In_June_2011/index.html]]></guid><description><![CDATA[Buoyed by robust global demand, India's coffee exports jumped by almost  55% in June this year to 40,000 tonnes. Shipments of the brew totalled  25,710 tonnes in the corresponding month a year ago, according to data  released by the Coffee Board."The.....]]></description><pubDate>July 14,2011</pubDate></item><item><title><![CDATA[India Yet To Export Grain To Afgh It Promised In 2009:UN [July 14,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1182/India_Yet_To_Export_Grain_To_Afgh_It_Promised_In_2009UN/index.html]]></guid><description><![CDATA[A United Nation agency has said that India is yet to deliver on its  commitment to supply about 250,000 tonnes of wheat to Afghanistan, which  is now facing a severe drought due to poor rains and late spring."India  has already committed to provide a.....]]></description><pubDate>July 14,2011</pubDate></item><item><title><![CDATA[National Manufacturing Policy before cabinet in 2 weeks [July 14,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1183/National_Manufacturing_Policy_before_cabinet_in_2_weeks/index.html]]></guid><description><![CDATA[The concerned ministries are giving final touches to the proposed  National Manufacturing Policy and it will be presented to the cabinet  within two weeks, Commerce and Industry Minister Anand Sharma said on  Wednesday."Some fine tuning that is requi.....]]></description><pubDate>July 14,2011</pubDate></item><item><title><![CDATA[Govt Allows Export Of 50,000 Tonnes Of Foodgrains To Oman [July 13,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1174/Govt_Allows_Export_Of_50000_Tonnes_Of_Foodgrains_To_Oman/index.html]]></guid><description><![CDATA[India today allowed the export of 50,000 tonnes of wheat and non-basmati rice to Oman on diplomatic grounds."We  have cleared export of 40,000 tonnes of wheat and 10,000 tonnes of  non-basmati rice to Oman through a diplomatic channel," Food Minister.....]]></description><pubDate>July 13,2011</pubDate></item><item><title><![CDATA[India, Indonesia Bilateral Trade To Touch $25b By 2015 [July 13,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1175/India_Indonesia_Bilateral_Trade_To_Touch_$25b_By_2015/index.html]]></guid><description><![CDATA[Bilateral trade between India and Indonesia will touch $25 billion by  2015, the indonesian Ambassador to India Ani M Ghalib said today.Presently,  bilateral trade between the two countries amounts to $12.7 billion, he  said, adding that by the end o.....]]></description><pubDate>July 13,2011</pubDate></item><item><title><![CDATA[Global Demand Lifts Basmati Exports By 27% Despite Iran Payment Issues [July 13,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1176/Global_Demand_Lifts_Basmati_Exports_By_27%_Despite_Iran_Payment_Issues/index.html]]></guid><description><![CDATA[India's April-June basmati rice exports have grown from 5.5 lakh tonnes  last fiscal to 7 lakh tonnes this fiscal, an increase of 27.3%,  according to data from the Agricultural &amp; Processed Food Products  Export Development Authority (Apeda). The.....]]></description><pubDate>July 13,2011</pubDate></item><item><title><![CDATA[Jute Packaging Norm May Be Relaxed This Yr [July 13,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1177/Jute_Packaging_Norm_May_Be_Relaxed_This_Yr/index.html]]></guid><description><![CDATA[The standing advisory  committee on jute under the ministry of textiles has recommended a  relaxation in the Jute Packaging Materials Act for 2011-12.
Sources close to the development said the proposal was under the  consideration of the Cabinet and.....]]></description><pubDate>July 13,2011</pubDate></item><item><title><![CDATA[India Import Of Gold, Silver To Soar In 2011 [July 13,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1178/India_Import_Of_Gold_Silver_To_Soar_In_2011/index.html]]></guid><description><![CDATA[Imports of Gold and Silver by India are soaring thanks to an unabated  demand for the bullion commodities. While India&rsquo;s import of gold has  risen were up by 76% and 160% in April and May respectively, silver  import was up by 22% in the same p.....]]></description><pubDate>July 13,2011</pubDate></item><item><title><![CDATA[India's June Exports Up 46.4 Percent [July 12,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1169/India's_June_Exports_Up_464_Percent/index.html]]></guid><description><![CDATA[India's merchandise exports rose 46.4 percent in June at $29.2 billion  compared to June 2010, Commerce Secretary Rahul Khullar said Friday.India's  imports in June grew at 42.4 percent at $36.9 billion resulting in a  trade deficit of $7.7 billion, .....]]></description><pubDate>July 12,2011</pubDate></item><item><title><![CDATA[India's Government Issued Export Permits To 16 mills For 15,898 t Of Sugar Exports [July 12,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1170/India's_Government_Issued_Export_Permits_To_16_mills_For_15898_t_Of_Sugar_Exports/index.html]]></guid><description><![CDATA[Indian sugar mills have received export licences for 15,898 tonnes of sugar out of the additional 500,000 tonnes of open general licence (OGL) sugar exports allowed by the government in late June, Food Ministry data showed. The permits were given to .....]]></description><pubDate>July 12,2011</pubDate></item><item><title><![CDATA[India Allows Exports Of Non-Basmati Rice [July 12,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1171/India_Allows_Exports_Of_Non-Basmati_Rice/index.html]]></guid><description><![CDATA[The Indian government on Monday allowed exports of one million tonnes of  non-basmati rice, lifting an over three-year old ban, in the wake of  overflowing godowns, the Press Trust of India (PTI) reported.The  decision to this effect was taken by an .....]]></description><pubDate>July 12,2011</pubDate></item><item><title><![CDATA[Turmeric Futures Up On Export Demand [July 12,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1172/Turmeric_Futures_Up_On_Export_Demand/index.html]]></guid><description><![CDATA[




Turmeric prices traded higher by Rs 46 to Rs 7696 per  quintal in futures trading on Monday following some export enquiries.At  the National Commodity and Derivatives Exchange, turmeric for delivery  in the current month July traded higher .....]]></description><pubDate>July 12,2011</pubDate></item><item><title><![CDATA[MoCS Proposes To Lower ARF On Indian Farm Imports [July 12,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1173/MoCS_Proposes_To_Lower_ARF_On_Indian_Farm_Imports/index.html]]></guid><description><![CDATA[As a part of implementing the agreements signed during bi-lateral trade  talks held with India four months ago, the Ministry of Commerce and  Supplies (MoCS) has proposed to the government to gradually reduce  Agricultural Reforms Fee (ARF) imposed o.....]]></description><pubDate>July 12,2011</pubDate></item><item><title><![CDATA[RMG Export To India To Rse 'soon' [July 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1164/RMG_Export_To_India_To_Rse_'soon'/index.html]]></guid><description><![CDATA[Readymade garment export is likely to get a boost as New Delhi is  actively considering allowing duty and quota-free access of 61 products  to India.About 50 of the 61 products are RMG-related goods."We  will have more trade cooperation with India in.....]]></description><pubDate>July 11,2011</pubDate></item><item><title><![CDATA[Supreme Court Rejects Gammon India's Plea For Duty Exemption On Machinery Imports [July 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1165/Supreme_Court_Rejects_Gammon_India's_Plea_For_Duty_Exemption_On_Machinery_Imports/index.html]]></guid><description><![CDATA[The Supreme Court has rejected construction major Gammon India's  petition challenging the government decision to impose custom duty on  the machines it imported from Germany .A bench of Justice D K  Jain and Justice H L Dattu dismissed Gammon's plea.....]]></description><pubDate>July 11,2011</pubDate></item><item><title><![CDATA[India To Ban Diamond Imports From Zimbabwe [July 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1166/India_To_Ban_Diamond_Imports_From_Zimbabwe/index.html]]></guid><description><![CDATA[The Zimbabwean Marange diamond alluvial mines had experienced a recent  setback in their global import of diamonds following India&rsquo;s Gem and  jewelry Export Promotion Council&rsquo;s decision to ban all imports coming  from the mine. Last Wedne.....]]></description><pubDate>July 11,2011</pubDate></item><item><title><![CDATA[India, China Set For Cotton Wars On Stubborn Yields [July 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1167/India_China_Set_For_Cotton_Wars_On_Stubborn_Yields/index.html]]></guid><description><![CDATA[India, the world's second biggest exporter of cotton, could turn into an  importer within three or four years as production peaks out because of  falling yields, forcing the country's textile mills to compete for  supplies with top importer China.Des.....]]></description><pubDate>July 11,2011</pubDate></item><item><title><![CDATA[INDIA: Trade With Canada To Touch 15 Billion CAD By 2015 [July 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1168/INDIA_Trade_With_Canada_To_Touch_15_Billion_CAD_By_2015/index.html]]></guid><description><![CDATA[EEPC India with an objective of to achieve substantial rise in trade for  engineering goods and services organized a seminar on doing Business  with Canada, here today. Speaking on the seminar Shri Arvind Mehta Joint  Secretary Department of Commerce.....]]></description><pubDate>July 11,2011</pubDate></item><item><title><![CDATA[Some Of The FDI Caps Have Lost Relevance [July 09,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1159/Some_Of_The_FDI_Caps_Have_Lost_Relevance/index.html]]></guid><description><![CDATA[Only a few sectors now have FDI caps, key being, defence, insurance,  print media, single-brand product retailing, broadcasting and telecom.  Proponents of FDI caps have various arguments in favour ranging from  sensitive nature of certain sectors, s.....]]></description><pubDate>July 09,2011</pubDate></item><item><title><![CDATA[Rubber Consumption To Hit 25.7 Million Tons This Year [July 09,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1160/Rubber_Consumption_To_Hit_257_Million_Tons_This_Year/index.html]]></guid><description><![CDATA[Global Rubber demand is forecast to reach 25.7 million tonnes in 2011  and 27.6 million tonnes in 2012, said International Rubber Study Group  in a report.Global Synthetic Rubber (SR) demand is expected to  grow by 5.0% in 2011 and 9.0% in 2012, whil.....]]></description><pubDate>July 09,2011</pubDate></item><item><title><![CDATA[Swelling Stocks May End Curbs On Export Of Rice And Wheat [July 09,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1161/Swelling_Stocks_May_End_Curbs_On_Export_Of_Rice_And_Wheat/index.html]]></guid><description><![CDATA[Private traders may be allowed to export 3 million tonne of grain this  year as stockpiles climb. A panel of ministers may consider a proposal  on July 11 to allow private companies to ship 2 million tonne of wheat  and 1 million tonne of non-basmati.....]]></description><pubDate>July 09,2011</pubDate></item><item><title><![CDATA[Rising Domestic Demand For Fish Cuts Into Exports [July 09,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1162/Rising_Domestic_Demand_For_Fish_Cuts_Into_Exports/index.html]]></guid><description><![CDATA[Consumption of fish in India is increasing significantly due to life  style changes and higher cost of meat, officials of Seafood Exporters  Association of India (SEAI) said. &ldquo;Increase in domestic demand and  inability of the sector to increase.....]]></description><pubDate>July 09,2011</pubDate></item><item><title><![CDATA[Iron Ore Fines Consumption To Double In 3 Yrs [July 09,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1163/Iron_Ore_Fines_Consumption_To_Double_In_3_Yrs/index.html]]></guid><description><![CDATA[The consumption of low-grade iron ore (fines, below 63 per cent of Fe  content) in India is likely to more than double in three years, on  substantial increase in consumption by existing and proposed pellet  plants.A study by a research company, Aven.....]]></description><pubDate>July 09,2011</pubDate></item><item><title><![CDATA[Coconut Oil Prices Decline 15.3% On Low Demand [July 08,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1154/Coconut_Oil_Prices_Decline_153%_On_Low_Demand/index.html]]></guid><description><![CDATA[Coconut oil prices declined 15.3 per cent in a month on strong selling  pressure, coupled with low buying support from the fast moving consumer  goods (FMCG) sector. Coconut oil was today quoted at Rs 8,800 a quintal.  It was Rs 10,400 a quintal in M.....]]></description><pubDate>July 08,2011</pubDate></item><item><title><![CDATA[India To Import 350 Tons Of Gold, 1200 Tons Of Silver [July 08,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1155/India_To_Import_350_Tons_Of_Gold_1200_Tons_Of_Silver/index.html]]></guid><description><![CDATA[India&rsquo;s state-owned trading company&mdash;Minerals and Metals Trading  Corporation (MMTC)&mdash;said on Thursday that it would import 350 tons of  Gold and 1,200 tons of Silver in 2011-12 as demand for the precious  metals is rising fast."We pl.....]]></description><pubDate>July 08,2011</pubDate></item><item><title><![CDATA[Tea Deficit To Be 100 mn Kg This Yyr [July 08,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1156/Tea_Deficit_To_Be_100_mn_Kg_This_Yyr/index.html]]></guid><description><![CDATA[The domestic tea industry is likely to end the year with a production  deficit of 100 million kg, despite good weather conditions and a higher  crop.Last year, during January-December, production was 966  million kg and the industry expects it to be .....]]></description><pubDate>July 08,2011</pubDate></item><item><title><![CDATA[Sugar Sector: Excess Output Likely To Negate Policy Support [July 08,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1157/Sugar_Sector_Excess_Output_Likely_To_Negate_Policy_Support/index.html]]></guid><description><![CDATA[Sugar companies reported better financial numbers for the March 2011  quarter unlike the dull performance in the previous three consecutive  quarters. Improved sugar volume and lower raw material costs were the  major triggers of revival in the March.....]]></description><pubDate>July 08,2011</pubDate></item><item><title><![CDATA[India - Textile Industry Demands Relief Package For Survival [July 08,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1158/India_-_Textile_Industry_Demands_Relief_Package_For_Survival/index.html]]></guid><description><![CDATA[The Indian textile industry has urged the government to provide them  with a relief package soon as the sector is undergoing tough times due  to crash in prices of yarn, declining demand both in domestic and  international markets, withdrawal of expo.....]]></description><pubDate>July 08,2011</pubDate></item><item><title><![CDATA[India, Canada FTA To Boost Trade, Investments [July 07,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1149/India_Canada_FTA_To_Boost_Trade_Investments/index.html]]></guid><description><![CDATA[The proposed comprehensive market opening pact between India and Canada,  once implemented, would boost the bilateral commerce and give a  competitive advantage to businesses of both the countries, a Canadian  official today said.Both the sides expec.....]]></description><pubDate>July 07,2011</pubDate></item><item><title><![CDATA[Rice, wheat Export Ban May Be Lifted Next Week [July 07,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1150/Rice_wheat_Export_Ban_May_Be_Lifted_Next_Week/index.html]]></guid><description><![CDATA[A decision on lifting the four-year ban on export of rice and wheat is  likely in a week, commerce secretary Rahul khullar said on Wed&shy;nesday.  But, exporters, were not excited as private trade may have little to  benefit.Before implementation of.....]]></description><pubDate>July 07,2011</pubDate></item><item><title><![CDATA[IPL Not To Import Potash At Not More Than USD 470/ton [July 07,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1151/IPL_Not_To_Import_Potash_At_Not_More_Than_USD_470/ton/index.html]]></guid><description><![CDATA[The country''s leading potash importer Indian Potash Ltd (IPL) today  said it will not import fertiliser potash from the global markets at a  price more than USD 470 a tonne.Belarusian Potash Company (BPC),  a leading global potash exporter, had last.....]]></description><pubDate>July 07,2011</pubDate></item><item><title><![CDATA[Groundnut Oil Price On All-Time High [July 07,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1152/Groundnut_Oil_Price_On_All-Time_High/index.html]]></guid><description><![CDATA[Groundnut oil has crossed Rs 1,600 per 15-kg tin setting an all-time  high level of Rs 1,620 per tin amid increased demand from retail and  branded segment. Reduced availability of raw material for crushing is  believed to further jack up the prices......]]></description><pubDate>July 07,2011</pubDate></item><item><title><![CDATA[OPMA Demands Special Incentives For Small Scale Pharma Units In AP [July 07,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1153/OPMA_Demands_Special_Incentives_For_Small_Scale_Pharma_Units_In_AP/index.html]]></guid><description><![CDATA[Without proper support and incentive schemes exclusively for the  development of small scale pharma industry in Andhra Pradesh, it will be  very difficult for these SSI units to survive in the state. Only very  few companies can survive in the presen.....]]></description><pubDate>July 07,2011</pubDate></item><item><title><![CDATA[India To Be Answerable For Cotton Export Restrictions To US [July 06,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1144/India_To_Be_Answerable_For_Cotton_Export_Restrictions_To_US/index.html]]></guid><description><![CDATA[It has been alleged by the United States that restrictions imposed by  India on cotton export has led to global price volatility and its  suitability should be discussed at the World Trade Organization. However  it is upheld that the limitations lie .....]]></description><pubDate>July 06,2011</pubDate></item><item><title><![CDATA[Sugar Prices Hit 15-Month High [July 06,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1145/Sugar_Prices_Hit_15-Month_High/index.html]]></guid><description><![CDATA[With the prices rising, narrowing the gap between ex-mill and retail  levels, experts have started looking it at as a turnaround in the sugar  industry. The government&rsquo;s active discussion on decontrolling the sector  and possibility of a furthe.....]]></description><pubDate>July 06,2011</pubDate></item><item><title><![CDATA[China And India Help Swell State Export Earnings To $11bn [July 06,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1146/China_And_India_Help_Swell_State_Export_Earnings_To_$11bn/index.html]]></guid><description><![CDATA[The 38 per cent, $3 billion increase on the previous 12 months to May  was driven by wheat (up 251 per cent), copper (up 110 per cent) and  metal ores and scrap (up 59 per cent).Exports into China  increased by 85 per cent and into India by 63 per ce.....]]></description><pubDate>July 06,2011</pubDate></item><item><title><![CDATA[Cardamom Futures Up On Spot Demand [July 06,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1147/Cardamom_Futures_Up_On_Spot_Demand/index.html]]></guid><description><![CDATA[Cardamom prices rose by Rs 12 to Rs 895.80 per kg in futures trade on  Tuesday on the back of pick-up in spot market demand amid low stocks due  to restricted arrivals from producing regions.On the Multi  Commodity Exchange, cardamom for delivery in .....]]></description><pubDate>July 06,2011</pubDate></item><item><title><![CDATA[South African Coal Exports To India Fall 21% in First Half, mjunction Says [July 06,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1148/South_African_Coal_Exports_To_India_Fall_21%_in_First_Half_mjunction_Says/index.html]]></guid><description><![CDATA[India&rsquo;s imports of coal from South Africa fell 21 percent in the first  half of 2011 from a year earlier while Chinese purchases rose 18  percent, according to India Coal Market Watch, published by  Kolkata-based online trading company mjunctio.....]]></description><pubDate>July 06,2011</pubDate></item><item><title><![CDATA[Rupee Down By 10 Paise Against U.S. Dollar In Early Trade [July 05,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1139/Rupee_Down_By_10_Paise_Against_US_Dollar_In_Early_Trade/index.html]]></guid><description><![CDATA[The rupee depreciated by 10 paise to Rs 44.52 against the U.S. dollar in  early trade on the Interbank Foreign Exchange on Tuesday, tracking  dollar gains against the euro and other currencies overseas and a lower  start in the equity market.Dealers .....]]></description><pubDate>July 05,2011</pubDate></item><item><title><![CDATA[DoP Once Again To Take Up Barcoding Issue With Commerce Ministry [July 05,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1140/DoP_Once_Again_To_Take_Up_Barcoding_Issue_With_Commerce_Ministry/index.html]]></guid><description><![CDATA[With mounting pressure from the small and medium pharma industries to  stall the introduction of barcoding for exports, which is to become  mandatory in phased manner from October 1 this year, the Department of  Pharmaceuticals (DoP) will once again .....]]></description><pubDate>July 05,2011</pubDate></item><item><title><![CDATA[Jeera Collapses On Waning Export Demand [July 05,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1141/Jeera_Collapses_On_Waning_Export_Demand/index.html]]></guid><description><![CDATA[After witnessing a positive trend for almost a week, Jeera prices collapsed on Monday on profit booking on higher levels.Jeera hit lower circuit (4%) on Monday. The movement was accompanied by the heavy volumes.Earlier good export demand provided sup.....]]></description><pubDate>July 05,2011</pubDate></item><item><title><![CDATA[Coking Coal Import Through Paradip Falls By 24% [July 05,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1142/Coking_Coal_Import_Through_Paradip_Falls_By_24%/index.html]]></guid><description><![CDATA[Coking coal imports through Paradip port declined for the third consecutive month in June as higher prices squeezed demand.In  June, coking coal imports through Paradip port stood at 482,593 tonne,  much lower than 632,795 tonne in May. It was 656,29.....]]></description><pubDate>July 05,2011</pubDate></item><item><title><![CDATA[Karnataka's Sugar Output Rises 49% [July 05,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1143/Karnataka's_Sugar_Output_Rises_49%/index.html]]></guid><description><![CDATA[Sugar mills in Karnataka have shown their best performance in recent  history by producing a record 3.65 million tonnes (mt) sugar during the  first nine months of the current sugar year (October-September),  registering growth of 49 per cent over th.....]]></description><pubDate>July 05,2011</pubDate></item><item><title><![CDATA[Decision On FDI In Multi-Brand Retail Likely This Month [July 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1134/Decision_On_FDI_In_Multi-Brand_Retail_Likely_This_Month/index.html]]></guid><description><![CDATA[A decision on the contentious issue of allowing foreign direct  investment in multi-brand retail is likely to be taken before the  Monsoon session of Parliament, highly placed sources said. However,  there will be tough riders on the global retail ch.....]]></description><pubDate>July 04,2011</pubDate></item><item><title><![CDATA[Peru, India To Meet On Investment Protection [July 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1135/Peru_India_To_Meet_On_Investment_Protection/index.html]]></guid><description><![CDATA[Peru and India will begin Monday the first round of negotiations for a bilateral investment promotion and protection agreement.As  part of efforts to reach a two-way free trade pact, the talks are to be  held in India's capital New Delhi until Wednes.....]]></description><pubDate>July 04,2011</pubDate></item><item><title><![CDATA[Europe Crisis Casts Shadow Over Exports [July 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1136/Europe_Crisis_Casts_Shadow_Over_Exports/index.html]]></guid><description><![CDATA[Financial crisis in parts of Europe is affecting de&shy;mand for Indian  handicr&shy;afts, apparels, carpets and leather products. It is estimated  that there has been a decline of up to 15 per cent in orders from  Euro&shy;pe as companies are fina&s.....]]></description><pubDate>July 04,2011</pubDate></item><item><title><![CDATA[Experts Call For Reforms To Clear Mess In Sugar Sector [July 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1137/Experts_Call_For_Reforms_To_Clear_Mess_In_Sugar_Sector/index.html]]></guid><description><![CDATA[Experts and industry players have demanded major reforms in the way  sugarcane prices are fixed and ethanol is produced to clear the mess in  the sugar sector.Their demand followed criticism of India&rsquo;s  sugarcane pricing policy by a recent repo.....]]></description><pubDate>July 04,2011</pubDate></item><item><title><![CDATA[Fitch Revises GDP Growth To 7.7% for '11 [July 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1138/Fitch_Revises_GDP_Growth_To_77%_for_'11/index.html]]></guid><description><![CDATA[As the stern anti-inflationary stance of RBI crimps growth and demand,  ratings agency Fitch has lowered its growth forecast for the domestic  economy in 2011 to 7.7% from 8.3%."The growth has clearly hit a  soft patch, as GDP grew only 7.8% in the f.....]]></description><pubDate>July 04,2011</pubDate></item><item><title><![CDATA[Ministers' Panel May Meet July 11 On Grain Exports [July 02,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1129/Ministers'_Panel_May_Meet_July_11_On_Grain_Exports/index.html]]></guid><description><![CDATA[A panel of ministers is likely to meet on July 11 to take up the issue  of allowing grain exports, Food Minister K.V. Thomas said on Friday.  "Most likely, the EGoM (Empowered Group of Ministers) will meet on July  11. On the quantity (of exports) th.....]]></description><pubDate>July 02,2011</pubDate></item><item><title><![CDATA[US Threatens To Drag India To WTO Over Cotton Export Restrictions [July 02,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1130/US_Threatens_To_Drag_India_To_WTO_Over_Cotton_Export_Restrictions/index.html]]></guid><description><![CDATA[The United States has alleged that restrictions imposed by India on  export of cotton has contributed to global price volatility and its  appropriateness should be discussed at the World Trade Organization ,  but India maintains that the restrictions.....]]></description><pubDate>July 02,2011</pubDate></item><item><title><![CDATA[Unusual Spike In Sugar Prices To Be Dealt Sternly: Food Ministry [July 02,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1131/Unusual_Spike_In_Sugar_Prices_To_Be_Dealt_Sternly_Food_Ministry/index.html]]></guid><description><![CDATA[The food ministry has cautioned industry and traders that any "unusual"  spike in sugar prices in the home market will be dealt with sternly,  inviting higher sugar releases besides tightening of RO (release order)  issues for exports.The Centre rece.....]]></description><pubDate>July 02,2011</pubDate></item><item><title><![CDATA[India Looks To Tap NZ Dairy Know-How In Trade Deal [July 02,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1132/India_Looks_To_Tap_NZ_Dairy_Know-How_In_Trade_Deal/index.html]]></guid><description><![CDATA[India's Commerce Minister wants to tap into the New Zealand dairy  industry's state-of-the art technology as part of a free-trade deal  between the two countries.Shri Anand Sharma has urged Kiwi dairy giant Fonterra and India's Dairy Association to f.....]]></description><pubDate>July 02,2011</pubDate></item><item><title><![CDATA[Cabinet Rolls Back VAT On Sugar, Textiles [July 02,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1133/Cabinet_Rolls_Back_VAT_On_Sugar_Textiles/index.html]]></guid><description><![CDATA[The State Cabinet today approved the rollback of four per cent Value  Added Tax (VAT) on sugar and textiles, a move perceived to pacify the  agitating sugar and textiles traders in the state.The sugar  traders had threatened to stop imports of the co.....]]></description><pubDate>July 02,2011</pubDate></item><item><title><![CDATA[Indian Apparel Industry To Increase Exports To Russia [July 01,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1124/Indian_Apparel_Industry_To_Increase_Exports_To_Russia/index.html]]></guid><description><![CDATA[The seven -member  delegation from AEPC was currently on its visit to Russia to explore  trade avenues with the Russian Textile Industry.Indian  apparel industry is expanding its global business boundaries. Taking the  initiative forward, the Apparel.....]]></description><pubDate>July 01,2011</pubDate></item><item><title><![CDATA[Exports Of Black Pepper May Rise On Low Prices [July 01,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1125/Exports_Of_Black_Pepper_May_Rise_On_Low_Prices/index.html]]></guid><description><![CDATA[Black pepper exporters are likely to benefit in the coming days, as  local prices of the commodity are on par with the international ones.  Domestic prices softened by $350-400 a tonne and were at $6,350 a tonne.  This has attracted overseas buyers a.....]]></description><pubDate>July 01,2011</pubDate></item><item><title><![CDATA[Centre May Allow Additional Sugar Exports [July 01,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1126/Centre_May_Allow_Additional_Sugar_Exports/index.html]]></guid><description><![CDATA[The government may consider allowing more sugar exports provided prices  in the retail markets remain stable, food minister K V Thomas said  today, after meeting Maharashtra Chief Minister Prithviraj Chavan.Sugar  mills in Maharashtra, the largest su.....]]></description><pubDate>July 01,2011</pubDate></item><item><title><![CDATA[Govt Plans Monitoring Body For Manufacturing Policy [July 01,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1127/Govt_Plans_Monitoring_Body_For_Manufacturing_Policy/index.html]]></guid><description><![CDATA[The government plans to form a Manufacturing Industry Promotion Board  (MIPB) that would seek to implement the new National Manufacturing  Policy and monitor its functioning regularly.The board, to be  set up under commerce and industry minister Anan.....]]></description><pubDate>July 01,2011</pubDate></item><item><title><![CDATA[GMR Speeds Up Work On Rs 26,000-cr Kakinada SEZ [July 01,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1128/GMR_Speeds_Up_Work_On_Rs_26000-cr_Kakinada_SEZ/index.html]]></guid><description><![CDATA[Bangalore-based infrastructure firm GMR is fast-tracking its proposed  special economic zone (SEZ) in Kakinada, Andhra Pradesh. It has  initiated talks with possible anchor tenants for the multi-product,  port-based SEZ, and will kick-start work on t.....]]></description><pubDate>July 01,2011</pubDate></item><item><title><![CDATA[Prithviraj Chavan To Meet Manmohan Singh, Seeks Waiver Of Import Duty On Sugar [June 30,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1120/Prithviraj_Chavan_To_Meet_Manmohan_Singh_Seeks_Waiver_Of_Import_Duty_On_Sugar/index.html]]></guid><description><![CDATA[Maharashtra chief minister Prithviraj Chavan today said that he will  meet Prime Minister Manmohan Singh in Delhi tommorrow, to seek waiver of  import duty on sugar and permission for export of cotton bales and  yarn.Chavan will be accompanied by dep.....]]></description><pubDate>June 30,2011</pubDate></item><item><title><![CDATA[Govt To Consider Freeing DAP Prices Tomorrow [June 30,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1121/Govt_To_Consider_Freeing_DAP_Prices_Tomorrow/index.html]]></guid><description><![CDATA[The government may consider giving fertiliser firms freedom to fix  maximum retail price (MRP) of di-ammonium phosphate (DAP) tomorrow. This  move would help augment domestic supply of the key farm nutrient.The  proposal is listed on the agenda of ca.....]]></description><pubDate>June 30,2011</pubDate></item><item><title><![CDATA[India, Japan To Implement CEPA From August 1 [June 30,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1122/India_Japan_To_Implement_CEPA_From_August_1/index.html]]></guid><description><![CDATA[India and Japan are scheduled to implement a comprehensive free trade  agreement from August 1 to boost bilateral trade between the countries  to USD 25 billion by 2015.Under the Comprehensive Economic  Partnership Agreement (CEPA), which was signed .....]]></description><pubDate>June 30,2011</pubDate></item><item><title><![CDATA[Land Acquisition, FDI In Retail, Insurance Top PM's Reform Agenda [June 30,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1123/Land_Acquisition_FDI_In_Retail_Insurance_Top_PM's_Reform_Agenda/index.html]]></guid><description><![CDATA[Prime Minister Manmohan Singh on Wednesday flagged amendments to land  acquisition law, allowing more foreign investment in retail trading and  insurance and introduction of good and services tax (GST) as the key  reforms agenda of the government."I .....]]></description><pubDate>June 30,2011</pubDate></item><item><title><![CDATA[StanChart: India's Fiscal Deficit Will Rise To 5.4% [June 29,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1115/StanChart_India's_Fiscal_Deficit_Will_Rise_To_54%/index.html]]></guid><description><![CDATA[KOLKATA: Standard Chartered Bank has revised its fiscal deficit forecast for 2011-12 to 5.4% of GDP from 5.1%. This is against the government's projection of 4.6%.The bank said fuel-price hikes will reduce the subsidy burden, but reductions in excise.....]]></description><pubDate>June 29,2011</pubDate></item><item><title><![CDATA[CBEC Sees GST Rates at 16-20%: Report [June 29,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1116/CBEC_Sees_GST_Rates_at_16-20%_Report/index.html]]></guid><description><![CDATA[The Central Board of Excise and Customs (CBEC) has reportedly announced that tax rates under the proposed Goods and Services Tax (GST) regime in India are likely to be between 16% and 20%.&ldquo;World-over, GST rates are typically between 16% and 20%.....]]></description><pubDate>June 29,2011</pubDate></item><item><title><![CDATA[Consensus Route To Retail FDI [June 29,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1117/Consensus_Route_To_Retail_FDI/index.html]]></guid><description><![CDATA[New Delhi, June 28: India is trying to build a consensus on liberalising foreign direct investment (FDI) in retail and defence, finance minister Pranab Mukherjee today told a gathering of business leaders and policy makers in Washington.&ldquo;Discus.....]]></description><pubDate>June 29,2011</pubDate></item><item><title><![CDATA[Rupee Up On Euro's Rise, Local Shares [June 29,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1118/Rupee_Up_On_Euro's_Rise_Local_Shares/index.html]]></guid><description><![CDATA[MUMBAI: The Indian rupee rose on Wednesday in tandem with sharp gains in euro, Asian currencies and a positive local stock market.* At 9:16 a.m., the partially convertible rupee was at 44.98/99 per dollar, stronger from Tuesday's close of 45.03/04.* .....]]></description><pubDate>June 29,2011</pubDate></item><item><title><![CDATA[Sugar Shares Taste Sweet As Govt Allows Additional Sugar Exports [June 29,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1119/Sugar_Shares_Taste_Sweet_As_Govt_Allows_Additional_Sugar_Exports/index.html]]></guid><description><![CDATA[Seven sugar shares rose 1.1% to 5.22% at 9:44 IST on BSE on reports the government on Tuesday, 28 June 2011, issued a formal order for exports of an additional 5 lakh tonnes of sugar.Shree Renuka Sugars (up 5.22%), Balrampur Chini Mills (up 4.60%), S.....]]></description><pubDate>June 29,2011</pubDate></item><item><title><![CDATA[India: Industry Expresses Concern Over EU-FTA Duty Cuts [June 28,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1110/India_Industry_Expresses_Concern_Over_EU-FTA_Duty_Cuts/index.html]]></guid><description><![CDATA[Even as India's minister for Commerce and Industry, Anand Sharma,  assured that the country's auto industry would be adequately protected,  speculation has been rife about India giving in to the EU's demand on  lowering duty on imported cars in the p.....]]></description><pubDate>June 28,2011</pubDate></item><item><title><![CDATA[US Asks India To Accelerate Next Generation Economic Reform [June 28,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1111/US_Asks_India_To_Accelerate_Next_Generation_Economic_Reform/index.html]]></guid><description><![CDATA["India today is reaping the benefits of the path-breaking reforms set in  motion in the past by Mr (Manmohan) Singh in 1990 (then as the Finance  Minister). But I think, India is at a point now where the future growth  would depend on the success of .....]]></description><pubDate>June 28,2011</pubDate></item><item><title><![CDATA[Rupee Gains 4 Paise Against Dollar In Early Trade [June 28,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1112/Rupee_Gains_4_Paise_Against_Dollar_In_Early_Trade/index.html]]></guid><description><![CDATA[The Indian rupee appreciated by 4 paise to Rs 44.99 per dollar in  opening trade on the Interbank Foreign Exchange on Tuesday, supported by  dollar weakness against the euro and other Asian currencies and a  higher opening in the stock market.The rup.....]]></description><pubDate>June 28,2011</pubDate></item><item><title><![CDATA[Major Industries Hope For Tariff Reduction In India Trade Deal [June 28,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1113/Major_Industries_Hope_For_Tariff_Reduction_In_India_Trade_Deal/index.html]]></guid><description><![CDATA[Prime Minister John Key is in India to boost negotiations with one of the fastest growing economies in the world.At present, New Zealand exports little of its major products to India - meat and dairy - in part because of very high tariffs.Mr Key will.....]]></description><pubDate>June 28,2011</pubDate></item><item><title><![CDATA[ASSOCHAM Calls For Setting Up Defence SEZs, Raising FDI Cap To 49% [June 28,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1114/ASSOCHAM_Calls_For_Setting_Up_Defence_SEZs_Raising_FDI_Cap_To_49%/index.html]]></guid><description><![CDATA[New Delhi: Industry body ASSOCHAM has called for raising the permissible  limit on foreign direct investments in strategic defence sector from 26  per cent to 49 per cent for better technology transfers and building  domestic capabilities.The governm.....]]></description><pubDate>June 28,2011</pubDate></item><item><title><![CDATA[Retail Sector Is High On Hopes Of More FDI [June 27,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1104/Retail_Sector_Is_High_On_Hopes_Of_More_FDI/index.html]]></guid><description><![CDATA[




Better-than-expected sales helped fuel the recent  rally in the retail sector despite excise duty ambiguity in the fourth  quarter of FY11. Increased optimism about the government allowing more  than 51% foreign direct investment ( FDI )) i.....]]></description><pubDate>June 27,2011</pubDate></item><item><title><![CDATA[India's Forex Reserves Rise By $59 million [June 27,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1105/India's_Forex_Reserves_Rise_By_$59_million/index.html]]></guid><description><![CDATA[MUMBAI: India's foreign exchange (forex) reserves rose by $59 million to  $310.56 billion for the week ended June 17 due to increase in the value  of foreign currency assets even as the value of special drawing rights  (SDRs) and reserves with the In.....]]></description><pubDate>June 27,2011</pubDate></item><item><title><![CDATA[India, Canada Eye $15 Billion Trade In Next 5 Years [June 27,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1106/India_Canada_Eye_$15_Billion_Trade_In_Next_5_Years/index.html]]></guid><description><![CDATA[TORONTO: As fans in Toronto cheered for Bollywood icons in the run up to  the IIFA awards , reflecting the growing popularity of Hindi films in  Canada, government and corporates of the two countries warmed up to  firmer business ties that could see .....]]></description><pubDate>June 27,2011</pubDate></item><item><title><![CDATA[New Zealand Premier On India Visit To Boost Trade Ties [June 27,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1107/New_Zealand_Premier_On_India_Visit_To_Boost_Trade_Ties/index.html]]></guid><description><![CDATA[New Delhi - New Zealand Prime Minister John Key on Sunday begins a five-day visit to India aimed at bolstering trade ties.Key,  accompanied by a delegation that includes Trade Minister Tim Groser,  will meet with Prime Minister Manmohan Singh for tal.....]]></description><pubDate>June 27,2011</pubDate></item><item><title><![CDATA[Sign FSA With Power Cos To Ensure Coal Supply [June 27,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1108/Sign_FSA_With_Power_Cos_To_Ensure_Coal_Supply/index.html]]></guid><description><![CDATA[NEW DELHI: With power companies facing coal shortages and risk of their  projects becoming "unfinanciable", the Planning Commission has asked the  state-run PSU Coal India (CIL) to sign pacts with them to ensure  sufficient supply of dry fuel even if.....]]></description><pubDate>June 27,2011</pubDate></item><item><title><![CDATA[Imported Chinese Sewing Needles To Be Costlier [June 27,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1109/Imported_Chinese_Sewing_Needles_To_Be_Costlier/index.html]]></guid><description><![CDATA[In order to safeguard the domestic players against invasion of  sub-standard Chinese goods, India has subjected import of sewing machine  needles from China to an anti-dumping duty of Rs. 155,362 per 0.1  million units.The Department of Revenue has s.....]]></description><pubDate>June 27,2011</pubDate></item><item><title><![CDATA[Mjunction To Sell Imported Coal [June 24,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1098/Mjunction_To_Sell_Imported_Coal/index.html]]></guid><description><![CDATA[KOLKATA: mjunction services, a 50:50 joint venture between Tata Steel  and Steel Authority of India, has decided to sell imported coal through  its online arm, coaljunction. The first online sale of imported coal is  expected to start next month, sai.....]]></description><pubDate>June 24,2011</pubDate></item><item><title><![CDATA[Rupee Gains 2 Paise Against U.S. Dollar [June 24,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1099/Rupee_Gains_2_Paise_Against_US_Dollar/index.html]]></guid><description><![CDATA[The Indian rupee strengthened by 2 paise to Rs 44.93 per dollar in early  trade on the Interbank Foreign Exchange on Friday, supported by dollar  weakness against the Euro and other currencies overseas and a higher  opening in the stock market.The ru.....]]></description><pubDate>June 24,2011</pubDate></item><item><title><![CDATA[Coir Board Targets Rs 2000cr Exports For 12th 5-Yr-Plan [June 24,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1100/Coir_Board_Targets_Rs_2000cr_Exports_For_12th_5-Yr-Plan/index.html]]></guid><description><![CDATA[The Coir Board has set an ambitious export target of Rs 2,000 crore for  the 12th plan period ending in 2012-2017, its chairman VS Vijayraghavan  said here today.Last year the export earnings stood at Rs 806  crore. Inaugurating a three-day Managemen.....]]></description><pubDate>June 24,2011</pubDate></item><item><title><![CDATA[Australian May Lift Ban On Exporting Uranium To India: Report [June 24,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1101/Australian_May_Lift_Ban_On_Exporting_Uranium_To_India_Report/index.html]]></guid><description><![CDATA[MELBOURNE: In a bid to strengthen bilateral ties, Australian government  could review and lift the long standing ban on uranium export to India  later this year, a media report said."Later this year, the  (Julia) Gillard Government is likely to take .....]]></description><pubDate>June 24,2011</pubDate></item><item><title><![CDATA[Indian Companies Raise $2.06 Billion Via ECB in April [June 24,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1102/Indian_Companies_Raise_$206_Billion_Via_ECB_in_April/index.html]]></guid><description><![CDATA[MUMBAI: Indian companies have raised total foreign loans of over $2.06  billion in April this year through external commercial borrowings and  foreign currency convertible bonds, to part finance their various  expansion plans, according to the statis.....]]></description><pubDate>June 24,2011</pubDate></item><item><title><![CDATA[NCDEX Pepper Slumps On Short Selling [June 24,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1103/NCDEX_Pepper_Slumps_On_Short_Selling/index.html]]></guid><description><![CDATA[MUMBAI (Commodity Online): NCDEX Black pepper futures dropped more than  Rs 1,200 or four percent from the last session close lead by short  selling on weak export demand.The benchmark July contract moved  in the range of Rs 30524-29208 and ended the.....]]></description><pubDate>June 24,2011</pubDate></item><item><title><![CDATA[Gujarat On Top with 46% of India's SEZ Exports [June 23,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1093/Gujarat_On_Top_with_46%_of_India's_SEZ_Exports/index.html]]></guid><description><![CDATA[Ahmedabad: The component of Minimum Alternate Tax (MAT) may be worrying  the special economic zones (SEZ) in the country, but the zones have  clocked an impressive export record in 2010-11. And Gujarat tops among  the SEZ states by contributing 46% t.....]]></description><pubDate>June 23,2011</pubDate></item><item><title><![CDATA[Rupee Down By 4 Paise Against US Dollar in Early Trade [June 23,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1094/Rupee_Down_By_4_Paise_Against_US_Dollar_in_Early_Trade/index.html]]></guid><description><![CDATA[MUMBAI: The rupee depreciated by 4 paise to Rs 44.93 against the US  dollar in early trade on the Interbank Foreign Exchange on Thursday,  tracking dollar gains against the euro and other currencies overseas and  a lower start in the equity market.De.....]]></description><pubDate>June 23,2011</pubDate></item><item><title><![CDATA[India Pitches For Stake in $50b Pharma Mkt in China [June 23,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1095/India_Pitches_For_Stake_in_$50b_Pharma_Mkt_in_China/index.html]]></guid><description><![CDATA[With China set to open up USD 50 billion pharmaceutical market, India  has made a strong pitch, saying the burgeoning Indian pharma sector  could step in for supplying affordable life saving medicines to its  neighbour."China is one of the world&rsqu.....]]></description><pubDate>June 23,2011</pubDate></item><item><title><![CDATA[India Polished Exports Rise in May [June 23,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1096/India_Polished_Exports_Rise_in_May/index.html]]></guid><description><![CDATA[India&rsquo;s gross polished diamond exports totaled $2.22 billion in May,  growing 14.2% from last year, according to preliminary figures released  by the GJEPC. By volume, exports increased by 17.7% to 5.04 million  carats.The average value of May&.....]]></description><pubDate>June 23,2011</pubDate></item><item><title><![CDATA[US Sees Vast Untapped Trade Potential With India [June 23,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1097/US_Sees_Vast_Untapped_Trade_Potential_With_India/index.html]]></guid><description><![CDATA[Washington: Finance officials from the United States and India will work  to find ways to access the vast untapped trade potential between the  two countries in economic talks next week, a senior U.S. Treasury  official said on Wednesday.The official.....]]></description><pubDate>June 23,2011</pubDate></item><item><title><![CDATA[EGoM May Allow Sugars Exports Of Up to 2 Lakh Tonnes [June 22,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1088/EGoM_May_Allow_Sugars_Exports_Of_Up_to_2_Lakh_Tonnes/index.html]]></guid><description><![CDATA[The government is likely to allow sugar exports of up to two lakh tonnes  as production this year is set to exceed the domestic demand, official  sources said on Monday.An empowered group of ministers (EGOM) on  Food, headed by Finance Minister Prana.....]]></description><pubDate>June 22,2011</pubDate></item><item><title><![CDATA[India FDI Inflows Likely On Recovery Path: Nomura [June 22,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1089/India_FDI_Inflows_Likely_On_Recovery_Path_Nomura/index.html]]></guid><description><![CDATA[MUMBAI: Foreign direct investment (FDI) inflows into India seem to be  entering into a recovery phase after falling in the previous fiscal  ending March 31, Nomura said in a note to clients on Tuesday."  FDI inflows should remain supported by several.....]]></description><pubDate>June 22,2011</pubDate></item><item><title><![CDATA[Weavers Demand Abolition Of Anti-Dumping Duty On Imported Yarn [June 22,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1090/Weavers_Demand_Abolition_Of_Anti-Dumping_Duty_On_Imported_Yarn/index.html]]></guid><description><![CDATA[SURAT: With the prices of polyester yarn - main raw material for the  country's biggest man-made fibre industry - witnessing a sharp increase  in the domestic market, the powerloom weavers have demanded that the  Central government abolish anti-dumpi.....]]></description><pubDate>June 22,2011</pubDate></item><item><title><![CDATA[Rupee Gains Two Paise Against US Dollar in Early Trade [June 22,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1091/Rupee_Gains_Two_Paise_Against_US_Dollar_in_Early_Trade/index.html]]></guid><description><![CDATA[Mumbai, June 22 (PTI) The Indian rupee strengthened by 2 paise to Rs  44.82 per dollar in opening trade on the Interbank Foreign Exchange  today, supported by dollar weakness against other Asian currencies and a  higher opening in the stock market.Th.....]]></description><pubDate>June 22,2011</pubDate></item><item><title><![CDATA[Copper Demand On Pace For 7% Growth in India [June 22,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1092/Copper_Demand_On_Pace_For_7%_Growth_in_India/index.html]]></guid><description><![CDATA[India has become a net exporter of copper after being a net importer  during the last decade, even as the country is not a major producer of  copper ore, but produces the refined forms of copper.About a  decade ago, the Indian copper industry consist.....]]></description><pubDate>June 22,2011</pubDate></item><item><title><![CDATA[India''s Vegetable Oil Import Expected To Drop In 2010-11: SEA [June 18,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1083/India''s_Vegetable_Oil_Import_Expected_To_Drop_In_2010-11_SEA/index.html]]></guid><description><![CDATA[India''s import of vegetable oil is expected to drop this year due to  increase in domestic production of the oilseeds, an industry body said.The  country requires to import 8.5 to 8.6 million tonnes of vegetable oil  in the current oil year to meet .....]]></description><pubDate>June 18,2011</pubDate></item><item><title><![CDATA[Govt Extends DEPB Scheme Till Sep 30 [June 18,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1084/Govt_Extends_DEPB_Scheme_Till_Sep_30/index.html]]></guid><description><![CDATA[The government today extended the tax incentive scheme for exporters,  Duty Entitlement Pass Book (DEPB), till September 30, a step which will  benefit the exports sector."The DEPB scheme gets an extension of three months from June 30, 2011 to  Septe.....]]></description><pubDate>June 18,2011</pubDate></item><item><title><![CDATA[India's Sugar Output Expected To Be 32 MT Per yr Till 2020 [June 18,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1085/India's_Sugar_Output_Expected_To_Be_32_MT_Per_yr_Till_2020/index.html]]></guid><description><![CDATA[Sugar production in India, the world's second biggest producer and  largest consumer, is expected to be on an average 32 million tonnes (MT)  per year for the next 10 years, says a latest report.According  to the Agriculture Outlook prepared jointly .....]]></description><pubDate>June 18,2011</pubDate></item><item><title><![CDATA[India Tea Prices Rise 2nd Week On Good Demand [June 18,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1086/India_Tea_Prices_Rise_2nd_Week_On_Good_Demand/index.html]]></guid><description><![CDATA[Tea prices in India, the world's second biggest producer, rose for the  second consecutive week on an improvement in demand for quality produce,  dealers said on Friday."The demand for quality tea is high as  big buyers are taking positions," said a .....]]></description><pubDate>June 18,2011</pubDate></item><item><title><![CDATA[India and Russia express intent for CECA [June 18,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1087/India_and_Russia_express_intent_for_CECA/index.html]]></guid><description><![CDATA[India and Russia on Thursday expressed a desire to move towards  formalising a Comprehensive Economic Cooperation Agreement (CECA) in an  attempt to expand trade and investment beyond the traditional  strongholds of oil, gas and purchase of defence e.....]]></description><pubDate>June 18,2011</pubDate></item><item><title><![CDATA[India Russia To Start Trade Agreement Negotiations [June 17,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1078/India_Russia_To_Start_Trade_Agreement_Negotiations/index.html]]></guid><description><![CDATA[India and Russia have announced that they have decided to start  negotiations to draw up a trade agreement between the two nations.The  agreement has been termed as a Comprehensive Economic Cooperation  Agreement, which indicates that it won't be as .....]]></description><pubDate>June 17,2011</pubDate></item><item><title><![CDATA[Jeera May Slump On Weak Exports [June 17,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1079/Jeera_May_Slump_On_Weak_Exports/index.html]]></guid><description><![CDATA[Sentiments remained weak for Jeera as absence of exports kept trend bearish despite fall in arrivals in the mandis.Traders  do not rule out further profit booking though some short covering at  these low levels too cannot be ruled out before weekend......]]></description><pubDate>June 17,2011</pubDate></item><item><title><![CDATA[Weak Demand, Heavy Selling Hit Cotton Prices [June 17,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1080/Weak_Demand_Heavy_Selling_Hit_Cotton_Prices/index.html]]></guid><description><![CDATA[Cotton prices fell by Rs 2,000 per candy (a candy weighs 256 kg) in the  last two days across Gujarat. Heavy selling by traders and weak demand  in physical market have dent the prices, feel traders.Unseasonal  rains have also ensured huge stocks in .....]]></description><pubDate>June 17,2011</pubDate></item><item><title><![CDATA[CIL Seeks Amendment To Coal Distribution Policy [June 17,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1081/CIL_Seeks_Amendment_To_Coal_Distribution_Policy/index.html]]></guid><description><![CDATA[Unable to meet many of its supply commitments, state-owned Coal India  Ltd (CIL) has sought an amendment to the New Coal Distribution Policy  (NCDP) of 2007.CIL&rsquo;s demands include a roll back on the 10 per  cent volume limit on coal e-auction, a.....]]></description><pubDate>June 17,2011</pubDate></item><item><title><![CDATA[India 2010/11 Corn Exports Seen Over 3 mn T: USGC [June 17,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1082/India_2010/11_Corn_Exports_Seen_Over_3_mn_T_USGC/index.html]]></guid><description><![CDATA[India&rsquo;s corn exports could jump more than four-fold to over three  million tonnes in the year to 30 Sept., 2011 from the previous period&rsquo;s  low levels, a US trade official here said, spurred by high global prices  and with quality issues .....]]></description><pubDate>June 17,2011</pubDate></item><item><title><![CDATA[Veg Oil Import Up By 19 Pc In May; Down By 12 Pc In Nov-May [June 16,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1073/Veg_Oil_Import_Up_By_19_Pc_In_May;_Down_By_12_Pc_In_Nov-May/index.html]]></guid><description><![CDATA[After six months of continuous decline, vegetable oil imports rose by  nearly 19 per cent in May to 6.64 lakh tonnes owing to low supply of  domestic oil seeds, an industry body today said.The import of  vegetable oil in the 2009-10 oil year (Novembe.....]]></description><pubDate>June 16,2011</pubDate></item><item><title><![CDATA[Indian Steel Maker To Pay More For Coking Coal Imports [June 16,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1074/Indian_Steel_Maker_To_Pay_More_For_Coking_Coal_Imports/index.html]]></guid><description><![CDATA[BL reported that the Indian steel makers may have to pay more for the imported coking coal in the next quarter beginning July 1.Steel  industry insiders told Business Line that the forthcoming quarterly  contracts, which would be finalized by the thi.....]]></description><pubDate>June 16,2011</pubDate></item><item><title><![CDATA[Sugar Industry Hit Hard By Imposition Of VAT [June 16,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1075/Sugar_Industry_Hit_Hard_By_Imposition_Of_VAT/index.html]]></guid><description><![CDATA[The sugar industries in Orissa are finding it hard to sell their  products due to the recent imposition of value added tax (VAT) on sugar  at the rate of four percent. There are six sugar industries in the state  at Aska, Dhenkanal, Bargarh, Bolangir.....]]></description><pubDate>June 16,2011</pubDate></item><item><title><![CDATA[India's Pharma Sector May Grow 12-14% In FY12 [June 16,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1076/India's_Pharma_Sector_May_Grow_12-14%_In_FY12/index.html]]></guid><description><![CDATA[India's pharmaceutical sector is likely to witness 12 -14% growth rate  in the present financial year 2011-12, said the Indian Drug  Manufacturers' Association (IDMA).In the last fiscal year  2010-11, the pharmaceutical segment has risen to Rs 100,00.....]]></description><pubDate>June 16,2011</pubDate></item><item><title><![CDATA[Coal India Wants 10% Cap On E-Auction Removed [June 16,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1077/Coal_India_Wants_10%_Cap_On_E-Auction_Removed/index.html]]></guid><description><![CDATA[Coal India wants to lift the 10% cap on e-auction and intends to offer  the entire production of coking coal through this platform as well.It  also wants abolition of temporary coal supplies to captive coal block  owners and to take coal imports outs.....]]></description><pubDate>June 16,2011</pubDate></item><item><title><![CDATA[Jeera Arrivals To Weaken, Pepper On Profit Booking Spree [June 15,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1068/Jeera_Arrivals_To_Weaken_Pepper_On_Profit_Booking_Spree/index.html]]></guid><description><![CDATA[Jeera rates failed to sustain on to the higher levels as moderate  arrivals amidst weak demand pressurized the market sentiments for the  commodity. Arrivals are expected to weaken in coming weeks but a rise in  exports is needed for providing suppor.....]]></description><pubDate>June 15,2011</pubDate></item><item><title><![CDATA[India Demands Better Market Access From Russia; Simpler Visa Norms On Agenda [June 15,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1069/India_Demands_Better_Market_Access_From_Russia;_Simpler_Visa_Norms_On_Agenda/index.html]]></guid><description><![CDATA[India will ask Russia for greater access to some sectors, including  pharmaceuticals and animal products, simplified work permits and  business visas and mutual recognition of standards and institutions to  reduce its growing trade imbalance with the.....]]></description><pubDate>June 15,2011</pubDate></item><item><title><![CDATA[Indian Steel Consumption In April Dips [June 15,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1070/Indian_Steel_Consumption_In_April_Dips/index.html]]></guid><description><![CDATA[In April, Indian steel consumption grew by 2% YoY as against FY12 estimates of 10.7%.From  the look of it, things may not be any better in May and June. Monetary  tightening is reflecting in demand deceleration. Analysts believe it has  been more sev.....]]></description><pubDate>June 15,2011</pubDate></item><item><title><![CDATA[Indian Maize Crop Could Be Big Enough To Cool Export Prices [June 15,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1071/Indian_Maize_Crop_Could_Be_Big_Enough_To_Cool_Export_Prices/index.html]]></guid><description><![CDATA[MAIZE production in India may surge to a record for a second year as  high prices and adequate rains spur farmers to increase planting,  potentially boosting exports.Gagan Gulati, head of the grains  business at Olam International's Indian unit, said.....]]></description><pubDate>June 15,2011</pubDate></item><item><title><![CDATA[Sugar Production May Rise By 10% in 2011-12 [June 15,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1072/Sugar_Production_May_Rise_By_10%_in_2011-12/index.html]]></guid><description><![CDATA[Sugar output of India, the world's second largest producer after Brazil,  could rise by about 10% to 26.5 million tonnes in 2011-12 sugar year  starting October on higher cane area, industry body ISMA said on  Tuesday.Indian Sugar Mills Association (.....]]></description><pubDate>June 15,2011</pubDate></item><item><title><![CDATA[Carpet Exports Up By 7% in May [June 14,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1063/Carpet_Exports_Up_By_7%_in_May/index.html]]></guid><description><![CDATA[Soaring demand from emerging markets like Latin America and China have  pushed India&rsquo;s carpet exports to US$ 73 million during May this year  from US$ 68 million in the year ago period, registering a year-on-year  rise of seven percent, accordi.....]]></description><pubDate>June 14,2011</pubDate></item><item><title><![CDATA[Countervailing Duty On Coal May Be Rolled Back [June 14,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1064/Countervailing_Duty_On_Coal_May_Be_Rolled_Back/index.html]]></guid><description><![CDATA[The finance ministry is considering a rollback of the countervailing  duty (CVD) on coal imports done for the power infrastructure projects.Officials  said the consideration was for relaxing the five per cent CVD if the  import was specifically meant.....]]></description><pubDate>June 14,2011</pubDate></item><item><title><![CDATA[Indian Process Plant Makers Welcome DGAD Finding On AD duty On Stainless Steel [June 14,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1065/Indian_Process_Plant_Makers_Welcome_DGAD_Finding_On_AD_duty_On_Stainless_Steel/index.html]]></guid><description><![CDATA[The engineering equipment manufacturing companies who export process  plants from India have welcomed the final findings of the Directorate  General of Anti Dumping and Allied Duties under the ministry of commerce  against an application filed by JSL.....]]></description><pubDate>June 14,2011</pubDate></item><item><title><![CDATA[Credit Sales Hit Rice Exporters [June 14,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1066/Credit_Sales_Hit_Rice_Exporters/index.html]]></guid><description><![CDATA[rice exporters and traders have been paying buyers abroad to purchase  the best known aromatic rice variety in the world, the Basmati. The  practice is threatening to dent the bottom lines of some big exporters  now, making them jittery ahead of the .....]]></description><pubDate>June 14,2011</pubDate></item><item><title><![CDATA[INDIA: Govt Over Lifting The Cap On Export Of Cotton [June 14,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1067/INDIA_Govt_Over_Lifting_The_Cap_On_Export_Of_Cotton/index.html]]></guid><description><![CDATA[After months of differences between the agriculture and textiles  ministry over lifting the cap on export of cotton, the government on  Wednesday finally allowed export of another one million bales of cotton  in 2010-2011 crop marketing season that s.....]]></description><pubDate>June 14,2011</pubDate></item><item><title><![CDATA[India Allows Duty-Free Import Of Goods From Afghanistan [June 13,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1058/India_Allows_Duty-Free_Import_Of_Goods_From_Afghanistan/index.html]]></guid><description><![CDATA[India has extended duty-free market access to Afghanistan as part of its  economic package for least developed countries (LDCs). Under the  scheme, the import of most products from the neighbouring country will  be allowed at zero duty.The Finance Mi.....]]></description><pubDate>June 13,2011</pubDate></item><item><title><![CDATA[High Demand To Keep Coconut Oil At A High [June 13,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1059/High_Demand_To_Keep_Coconut_Oil_At_A_High/index.html]]></guid><description><![CDATA[Coconut production slipped in the country this season with a low output  in the main producing region of Kerala. However , the crop in Tamil  Nadu, the next biggest producer, has been good, which helped to meet the  demand. The coconut crop in Kerala.....]]></description><pubDate>June 13,2011</pubDate></item><item><title><![CDATA[FDI In Multi-Brand Retail Good For Country: Kaushik Basu [June 13,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1060/FDI_In_Multi-Brand_Retail_Good_For_Country_Kaushik_Basu/index.html]]></guid><description><![CDATA[Allowing Foreign Direct Investment (FDI) to the tune of 51 per cent in  multi-brand retail will do a whale of good to the country's economy  besides ensuring farm and agricultural producers get remunerative prices  for their produces, Dr Kaushik Basu.....]]></description><pubDate>June 13,2011</pubDate></item><item><title><![CDATA[Pepper Likely To Move Further Higher [June 13,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1061/Pepper_Likely_To_Move_Further_Higher/index.html]]></guid><description><![CDATA[Pepper rates shot up from the lower levels as demand started picking up  again after the moderate corrections in rates seen early last week.Traders  have been reportedly waited for some short term corrections in market  rates for new demand as overal.....]]></description><pubDate>June 13,2011</pubDate></item><item><title><![CDATA[Govt To Extend Tax Break For Exporters [June 13,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1062/Govt_To_Extend_Tax_Break_For_Exporters/index.html]]></guid><description><![CDATA[The government has agreed to extend a tax break for exporters beyond a  June 30 deadline, the Times of India newspaper reported on Saturday,  quoting trade minister Anand Sharma.Earlier, the finance  minister favoured phasing out the Duty Entitlement.....]]></description><pubDate>June 13,2011</pubDate></item><item><title><![CDATA[India�s Trade Deficit Rises 67 Per Cent [June 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1053/India�s_Trade_Deficit_Rises_67_Per_Cent/index.html]]></guid><description><![CDATA[India&rsquo;s trade deficit widened in May on higher imports of crude  mirroring rising global crude prices, prompting Trade Secretary Rahul  Khullar to warn that the trade deficit for the current fiscal could  touch the high $145- $150-billion (U.S......]]></description><pubDate>June 11,2011</pubDate></item><item><title><![CDATA[Cardamom Futures Down 1.81 pct [June 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1054/Cardamom_Futures_Down_181_pct/index.html]]></guid><description><![CDATA[Cardamom prices went down by Rs 14.70 to Rs 798.50 per kg in futures  trade on Friday as speculators booked profits, amid a weak trend at the  spot market on subdued demand.At the Multi Commodity Exchange,  cardamom futures for delivery in July went .....]]></description><pubDate>June 11,2011</pubDate></item><item><title><![CDATA[Huge Opportunities Exist In Overseas Markets For SMEs In Pharma Sector: Pharmexcil [June 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1055/Huge_Opportunities_Exist_In_Overseas_Markets_For_SMEs_In_Pharma_Sector_Pharmexcil/index.html]]></guid><description><![CDATA[Huge potential exists for the pharmaceutical manufacturing units in the  SME sector to venture into overseas markets and they can avail of  various export incentive schemes offered the Union government.The  government is extending financial assistanc.....]]></description><pubDate>June 11,2011</pubDate></item><item><title><![CDATA[Indian Tyre Major Sets Up Hub In Dubai [June 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1056/Indian_Tyre_Major_Sets_Up_Hub_In_Dubai/index.html]]></guid><description><![CDATA[India&rsquo;s leading tyre manufacturer Apollo Tyres Ltd announced on Thursday  that it would set up a regional base in Dubai to help boost its  business three-fold over the next hree years.The $2 billion  company, which has manufacturing plants in I.....]]></description><pubDate>June 11,2011</pubDate></item><item><title><![CDATA[Exporters To Get Cash Incentive [June 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1057/Exporters_To_Get_Cash_Incentive/index.html]]></guid><description><![CDATA[The decision came at a time when the fiscal year is nearing to its end,  though the provision was spelled out in the budget for the current  fiscal year. The earstwhile government had brought the policy of cash  incentives in the current budget to pr.....]]></description><pubDate>June 11,2011</pubDate></item><item><title><![CDATA[Draft Manufacturing Policy Seeks To Create Mega Industrial Zones [June 10,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1048/Draft_Manufacturing_Policy_Seeks_To_Create_Mega_Industrial_Zones/index.html]]></guid><description><![CDATA[high level committee chaired by Prime Minister Manmohan Singh on  Thursday approved the draft National Manufacturing Policy that seeks to  increase the share of manufacturing in the GDP to 25% by 2025 from the  current 16%. The policy envisages creat.....]]></description><pubDate>June 10,2011</pubDate></item><item><title><![CDATA[Govt Raises Rice Purchase Price By 8 Pct [June 10,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1049/Govt_Raises_Rice_Purchase_Price_By_8_Pct/index.html]]></guid><description><![CDATA[India increased the purchase price for common rice to 1,080 rupees  ($24.2) per 100 kg for 2011/12 crop year starting in July from 1,000  rupees a year ago, while superior-grade rice will be priced at 1,110  rupees per 100 kg from 1,030 rupees in 201.....]]></description><pubDate>June 10,2011</pubDate></item><item><title><![CDATA[Apparel Brands To Hike Prices By 10-15 Percent [June 10,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1050/Apparel_Brands_To_Hike_Prices_By_10-15_Percent/index.html]]></guid><description><![CDATA[For consumers in India, buying clothing after July would mean forking  out an additional 30-35 percent, than those prevailing at the same time  last year.Despite a correction in cotton prices, a few apparel  brands are expected to hike their prices b.....]]></description><pubDate>June 10,2011</pubDate></item><item><title><![CDATA[Indian Guar Gum Exporters Resent China's Bias News [June 10,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1051/Indian_Guar_Gum_Exporters_Resent_China's_Bias_News/index.html]]></guid><description><![CDATA[Guar gum manufacturers in India are resenting China's discriminatory  treatment of imposing differential duties on guar gum split and power  imported from this country while importing the same from Pakistan  duty-free.China, Indian exporters say, als.....]]></description><pubDate>June 10,2011</pubDate></item><item><title><![CDATA[Indian Drug Regulators Complete First Ever Auditing & Inspection Of Mfg Plants In China [June 10,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1052/Indian_Drug_Regulators_Complete_First_Ever_Auditing_&_Inspection_Of_Mfg_Plants_In_China/index.html]]></guid><description><![CDATA[The union health ministry's first ever auditing and inspection of  manufacturing facilities in foreign countries ended on a happy note as  the&nbsp; three-member delegation from the Central Drugs Standard Control  Organization (CDSCO) returned to the.....]]></description><pubDate>June 10,2011</pubDate></item><item><title><![CDATA[Pharmexcil For Organising Intl Expos To Build Up Brand Image For Indian Pharma Products [June 09,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1043/Pharmexcil_For_Organising_Intl_Expos_To_Build_Up_Brand_Image_For_Indian_Pharma_Products/index.html]]></guid><description><![CDATA[Aiming to showcase the Indian pharma industry both in the regulated and  non regulated markets in the world and also to build a brand image for  Indian medicines abroad, the Pharmaceutical Export Promotion Council  (Pharmexcil) has suggested to the h.....]]></description><pubDate>June 09,2011</pubDate></item><item><title><![CDATA[Indian Mills To Seek Nod For More Sugar Exports [June 09,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1044/Indian_Mills_To_Seek_Nod_For_More_Sugar_Exports/index.html]]></guid><description><![CDATA[India's sugar mills will soon seek government permission to export an  additional half a million tonnes of the sweetner as output is expected  to rise in the next season from October, the chief of a leading industry  body said on Wednesday."Now, it m.....]]></description><pubDate>June 09,2011</pubDate></item><item><title><![CDATA[Soy Oil Seen Mixed Trend In India [June 09,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1045/Soy_Oil_Seen_Mixed_Trend_In_India/index.html]]></guid><description><![CDATA[Market is not sustaining on higher levels due to lack of buying support.  In fact CPO prices on the BMD, Malaysia has corrected substantially due  to expectations of increase in production and stocks which has directly  impacted the Indian market sen.....]]></description><pubDate>June 09,2011</pubDate></item><item><title><![CDATA[India Holds Out for Lower Fertilizer Prices [June 09,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1046/India_Holds_Out_for_Lower_Fertilizer_Prices/index.html]]></guid><description><![CDATA[Despite weeks of negotiations, India has yet to reach a potash supply agreement with major potash suppliers, including Canpotex, and is holding out for a lower price in order to bridge the gap between the international price of potash and the benchma.....]]></description><pubDate>June 09,2011</pubDate></item><item><title><![CDATA[Proposed Reduction In Basic Customs Duty on Plastics [June 09,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1047/Proposed_Reduction_In_Basic_Customs_Duty_on_Plastics/index.html]]></guid><description><![CDATA[As a part of Non-Agriculture Market Access Negotiations (NAMA), WTO  members (which includes India), have agreed to reduce bound tariffs  based on a non - linear Swiss Formula. What this in effect means is that  India cannot raise the Basic Customs D.....]]></description><pubDate>June 09,2011</pubDate></item><item><title><![CDATA[Rupee Down 8 Paise Against US Dollar In Early Trade [June 08,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1038/Rupee_Down_8_Paise_Against_US_Dollar_In_Early_Trade/index.html]]></guid><description><![CDATA[The Indian rupee lost 8 paise to Rs 44.75 per US dollar in early trade  on the Interbank Foreign Exchange today, weighed down by dollar gains  against the euro and other currencies overseas.A lower opening in the stock market and dollar demand from i.....]]></description><pubDate>June 08,2011</pubDate></item><item><title><![CDATA[Sharma Makes Last Bid For DEPB Scheme [June 08,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1039/Sharma_Makes_Last_Bid_For_DEPB_Scheme/index.html]]></guid><description><![CDATA[Commerce Minister Anand Sharma today made a last-ditch effort to get the  popular tax refund scheme for exporters, DEPB, extended beyond June 30  in his meeting with Finance Minister Pranab Mukherjee."He is  well appraised with all the issues and sen.....]]></description><pubDate>June 08,2011</pubDate></item><item><title><![CDATA[Oilmeals Export From India Surges By 84% in May [June 08,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1040/Oilmeals_Export_From_India_Surges_By_84%_in_May/index.html]]></guid><description><![CDATA[The export of oilmeals from India during May 2011 has gone up by 84.48%  to 320,266 tonnes. In May 2010, India had exported 173,604 tonnes of  oilmeals. The export of oilmeals during April-May 2011 has more than  doubled and reported 821,763 tonnes c.....]]></description><pubDate>June 08,2011</pubDate></item><item><title><![CDATA[Govt Approves 16 FDI Proposals Worth Rs 924 Crore [June 08,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1041/Govt_Approves_16_FDI_Proposals_Worth_Rs_924_Crore/index.html]]></guid><description><![CDATA[The government on Tuesday said it has cleared 16 foreign direct  investment (FDI) proposals amounting to Rs 923.55 crore, including those  of Star News Broadcasting Ltd and L&amp;T Finance Holdings.A  total of 38 FDI proposals were taken up by the Fo.....]]></description><pubDate>June 08,2011</pubDate></item><item><title><![CDATA[GoM Meet To Decide On Raising Limit For Cotton Exports [June 08,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1042/GoM_Meet_To_Decide_On_Raising_Limit_For_Cotton_Exports/index.html]]></guid><description><![CDATA[The Group of Ministers (GoM) headed by Finance Minister Pranab Mukherjee  is all set to meet on Wednesday to take a decision on allowing further  export of cotton beyond the current ceiling of 55 lakh bales for the  current season.The Central Governm.....]]></description><pubDate>June 08,2011</pubDate></item><item><title><![CDATA[Indian Rice Growers Fear Glut, Want Government To Lift Export Ban [June 07,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1033/Indian_Rice_Growers_Fear_Glut_Want_Government_To_Lift_Export_Ban/index.html]]></guid><description><![CDATA[earing rising rice stockpiles in the country, Indian rice growers worry  it would create a glut and urged the government to lift a two-year old  ban on exports to protect cash-strapped farmers.Existing  stockpiles plus the prediction of good monsoon .....]]></description><pubDate>June 07,2011</pubDate></item><item><title><![CDATA[More Delay Seen In Iron Ore Exports From Karnataka [June 07,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1034/More_Delay_Seen_In_Iron_Ore_Exports_From_Karnataka/index.html]]></guid><description><![CDATA[Karnataka state could start issuing iron ore shipment permits within 15  days, two month after an export ban was lifted, but traders said they  did not expect overseas sales to pick up before September when monsoon  traditionally ends.The southern st.....]]></description><pubDate>June 07,2011</pubDate></item><item><title><![CDATA[Rupee Down 3 Paise Against U.S. Dollar [June 07,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1035/Rupee_Down_3_Paise_Against_US_Dollar/index.html]]></guid><description><![CDATA[The Indian rupee lost 3 paise to Rs 44.79 per US dollar in early trade  at the Interbank Foreign Exchange on Tuesday, weighed down by dollar  gains against the euro and other currencies overseas.Forex  dealers said strengthening of the dollar against.....]]></description><pubDate>June 07,2011</pubDate></item><item><title><![CDATA[Excise Rules For Tobacco Packaging Set To Change [June 07,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1036/Excise_Rules_For_Tobacco_Packaging_Set_To_Change/index.html]]></guid><description><![CDATA[The excise duty rules for tobacco packaging and manufacturing is set to  change change following the ban on the use of plastic, as packaging  material for gutka, pan masala and chewing tobacco.Besides, the  government will also levy service tax on pr.....]]></description><pubDate>June 07,2011</pubDate></item><item><title><![CDATA[Israel Signs High-Tech Deal With India [June 07,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1037/Israel_Signs_High-Tech_Deal_With_India/index.html]]></guid><description><![CDATA[Israel&rsquo;s High-Tech Industry Association has signed a memorandum of  understanding with its Indian counterpart to boost cooperation in  advanced technology, a move that will undoubtedly increase the Jewish  state&rsquo;s burgeoning defense sales.....]]></description><pubDate>June 07,2011</pubDate></item><item><title><![CDATA[Capital Inflows Not Sensitive To Interest Rate Changes: RBI [June 06,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1028/Capital_Inflows_Not_Sensitive_To_Interest_Rate_Changes_RBI/index.html]]></guid><description><![CDATA[Foreign capital inflows are insensitive to interest rate changes in the  country, according to a Reserve Bank of India (RBI) study. It said that a  percentage point rise in interest rate results in just about 0.05  percentage points increase in net c.....]]></description><pubDate>June 06,2011</pubDate></item><item><title><![CDATA[Aarvee�s Denim Fabric Exports Grow [June 06,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1029/Aarvee�s_Denim_Fabric_Exports_Grow/index.html]]></guid><description><![CDATA[While concentrating more on the overseas market rather than the  domestic, Aarvee Denims and Exports Limited as a leading global player  in the textile industry, has recently revealed a massive 100 per cent  growth in denim fabric exports in fiscal y.....]]></description><pubDate>June 06,2011</pubDate></item><item><title><![CDATA[Growth Dips, But Govt Says Deficit Not A Worry [June 06,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1030/Growth_Dips_But_Govt_Says_Deficit_Not_A_Worry/index.html]]></guid><description><![CDATA[India&rsquo;s economic growth may slowdown to 8-8.5 per cent in current fiscal  as against projected 9 per cent. But, finance ministry is confident  that this will not affect its fiscal consolidation plans as there would  be a tight leash on expendit.....]]></description><pubDate>June 06,2011</pubDate></item><item><title><![CDATA[Engineering Goods Top Export List On Low Wage And Talent [June 06,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1031/Engineering_Goods_Top_Export_List_On_Low_Wage_And_Talent/index.html]]></guid><description><![CDATA[In May 2010 Nissan Motor inaugurated its plant in Chennai that was to supply India-made Micra to Europe, Middle East and Africa.Exactly  a year later, on May 28 this year, Tata's breakthrough engineering Nano  crossed the Indian borders for the first.....]]></description><pubDate>June 06,2011</pubDate></item><item><title><![CDATA[Cotton Farmers Suffer As Prices Crash [June 06,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1032/Cotton_Farmers_Suffer_As_Prices_Crash/index.html]]></guid><description><![CDATA[The textile  industry, which is one of the largest and the most important ones in the  Indian economy in terms of output, employment generation and foreign  exchange earnings, appears to be heading for a crisis in view of  lop-sided policies being ad.....]]></description><pubDate>June 06,2011</pubDate></item><item><title><![CDATA[Decision On Foreign Equity In Multi-Brand Retail In Six Months [June 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1023/Decision_On_Foreign_Equity_In_Multi-Brand_Retail_In_Six_Months/index.html]]></guid><description><![CDATA[India's Chief Economic Advisor Kaushik Basu feels the cabinet will take a  decision within six months on allowing foreign investment in  multi-brand retail trade and believes he has the backing of Finance  Minister Pranab Mukherjee.Basu, who chaired .....]]></description><pubDate>June 04,2011</pubDate></item><item><title><![CDATA[India's Coffee Exports Up 43% In Jan/May 2011 [June 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1024/India's_Coffee_Exports_Up_43%_In_Jan/May_2011/index.html]]></guid><description><![CDATA[India exported about 647,000 60-kg bags of coffee in May 2011, up from  some 496,000 bags in May 2010, Coffee Board of India data showed.  Arabica exports rose 36.2% to 116,200 bags from 85,300 in May 2010,  while robusta shipments climbed 23.8% to 3.....]]></description><pubDate>June 04,2011</pubDate></item><item><title><![CDATA[Govt Keeping Track Of Raw Silk Prices: Sharma [June 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1025/Govt_Keeping_Track_Of_Raw_Silk_Prices_Sharma/index.html]]></guid><description><![CDATA[The government is keeping a close watch on the prices of raw silk in the  country and promised "intervention" if the domestic producers were  adversely affected after its decision to slash import duty on raw silk  by 25%.Commerce and Industry Ministe.....]]></description><pubDate>June 04,2011</pubDate></item><item><title><![CDATA[Excise Policy May Be Notified On Monday [June 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1026/Excise_Policy_May_Be_Notified_On_Monday/index.html]]></guid><description><![CDATA[The excise policy for 2011 is likely to be notified on Monday. The new  measures include a hike in liquor prices, an opportunity to expand the  range of fine wine in the market and an increase in the license fee  slabs for restaurants and five star h.....]]></description><pubDate>June 04,2011</pubDate></item><item><title><![CDATA[Forex Reserves Up By 1.68 bn To $310.21 bn [June 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1027/Forex_Reserves_Up_By_168_bn_To_$31021_bn/index.html]]></guid><description><![CDATA[The country's foreign exchange reserves rose for the second consecutive week, swelling by $1.68 billion to $310.21 billion.The forex reserves had increased by $1.04 billion to $308.53 billion in the previous reporting week.Foreign  currency assets, t.....]]></description><pubDate>June 04,2011</pubDate></item><item><title><![CDATA[Sesamum Prices Robust On Increase In Demand [June 03,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1018/Sesamum_Prices_Robust_On_Increase_In_Demand/index.html]]></guid><description><![CDATA[International and domestic demand for sesamum (til) has ensured that the  prices will remain firm even as a bumper crop starts arriving across  Gujarat. With over 90% of the crop being exported to Korea, China,  Europe and Arab counties for crushing .....]]></description><pubDate>June 03,2011</pubDate></item><item><title><![CDATA[DRI Initiates Nation-Wide Probe Into Aircraft Import Duty Violation [June 03,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1019/DRI_Initiates_Nation-Wide_Probe_Into_Aircraft_Import_Duty_Violation/index.html]]></guid><description><![CDATA[The Directorate of Revenue Intelligence (DRI) has launched a nation-wide  probe into the alleged violation of aircraft import duty, to the tune  of crores of rupees, by aviation training institutes.According  to DRI sources, institutes -- primarily l.....]]></description><pubDate>June 03,2011</pubDate></item><item><title><![CDATA[India To Take Decision On Cotton Exports Thursday [June 03,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1020/India_To_Take_Decision_On_Cotton_Exports_Thursday/index.html]]></guid><description><![CDATA[Amid differences of opinion, India is likely to take a decision of  increasing the limit of cotton exports from the current 5.5 million  bales for the current season.A group of Ministers (GoM) is  expected to review the current situation especially i.....]]></description><pubDate>June 03,2011</pubDate></item><item><title><![CDATA[Rupee Down 3 Paise Against US Dollar In Early Trade [June 03,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1021/Rupee_Down_3_Paise_Against_US_Dollar_In_Early_Trade/index.html]]></guid><description><![CDATA[Snapping a six-session rising streak, the Indian rupee eased marginally  by 3 paise to Rs 44.85 against the US dollar in early trade on the  Interbank Foreign Exchange on Friday, despite the higher opening in the  stock market.Forex dealers said the .....]]></description><pubDate>June 03,2011</pubDate></item><item><title><![CDATA[Ford India�s Phenomenal Figo Pushes Sales Up 71% [June 03,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1022/Ford_India�s_Phenomenal_Figo_Pushes_Sales_Up_71%/index.html]]></guid><description><![CDATA[Ford India sold more than 51,000 units, including exports in the first  five months of 2011; a year-on-year growth of more than 71% Figo success  story continues with exports to new markets in Asia and Africa New  investment of US$72 million towards .....]]></description><pubDate>June 03,2011</pubDate></item><item><title><![CDATA[Manufacturing Set To Lose Pace On Higher Input Costs [June 02,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1013/Manufacturing_Set_To_Lose_Pace_On_Higher_Input_Costs/index.html]]></guid><description><![CDATA[A slowdown in the manufacturing sector &ndash; largely induced by higher  interest rates and rising input costs &ndash; appears to be a reality. HSBC  Purchasing Managers' Index (PMI) &ndash; an advance indicator of sorts &ndash; was  estimated at 57.....]]></description><pubDate>June 02,2011</pubDate></item><item><title><![CDATA[Grape Exports To EU Declines By 50% In 2010-11 [June 02,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1014/Grape_Exports_To_EU_Declines_By_50%_In_2010-11/index.html]]></guid><description><![CDATA[Grape exports to the European Union declined by 50% in 2010-11 as  compared to the previous year. The EU had banned grape exports from  India in the previous year due to pesticide issue."The super  markets in Europe, except UK, did not promote Indian.....]]></description><pubDate>June 02,2011</pubDate></item><item><title><![CDATA[Rupee Opens 8 Paise Lower Against US Dollar [June 02,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1015/Rupee_Opens_8_Paise_Lower_Against_US_Dollar/index.html]]></guid><description><![CDATA[The Indian rupee depreciated by 8 paise to Rs 44.92 against the US  dollar in early trade on the Interbank Foreign Exchange on Thursday,  tracking dollar gains against other currencies overseas and a weak trend  in the equity market.Forex dealers sai.....]]></description><pubDate>June 02,2011</pubDate></item><item><title><![CDATA[Govt Wants Ban On Mineral Exports [June 02,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1016/Govt_Wants_Ban_On_Mineral_Exports/index.html]]></guid><description><![CDATA[The Jharkhand government strongly advocated a blanket ban on export of  raw materials, especially minerals, and re-allocation of vast stretch of  unutilized land of Central public sector undertakings (CPSU).State  industry secretary A P Singh, who he.....]]></description><pubDate>June 02,2011</pubDate></item><item><title><![CDATA[Cotton Prices Move South, Apparel Not Affected [June 02,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1017/Cotton_Prices_Move_South_Apparel_Not_Affected/index.html]]></guid><description><![CDATA[Rising cotton prices have been a major bug bear for the textiles and  garments industry in India. However, in the last two months, prices have  gone down by almost 30 per cent. It came down from Rs 64,000 a candy to  Rs 45,000 in May 2011. But the fa.....]]></description><pubDate>June 02,2011</pubDate></item><item><title><![CDATA[India April Exports Up 34.4% on Year [June 01,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1008/India_April_Exports_Up_344%_on_Year/index.html]]></guid><description><![CDATA[India's merchandise exports rose 34.4% to $23.85 billion in April from a  year earlier, according to provisional data issued Wednesday by the  Ministry of Commerce.The government didn't give any reasons for the growth in exports.Imports  rose 14.13% .....]]></description><pubDate>June 01,2011</pubDate></item><item><title><![CDATA[Record Rice Crop May End Export Ban [June 01,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1009/Record_Rice_Crop_May_End_Export_Ban/index.html]]></guid><description><![CDATA[India, the second- largest grower, may climb as much as 7% to a record  as normal monsoon rains spur planting, likely helping the country ease  export curbs and potentially limiting global food costs.&ldquo;Output  of monsoon-sown rice may advance to.....]]></description><pubDate>June 01,2011</pubDate></item><item><title><![CDATA[Turmeric Futures Scale New Contract Lows on Fragile Export Demand [June 01,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1010/Turmeric_Futures_Scale_New_Contract_Lows_on_Fragile_Export_Demand/index.html]]></guid><description><![CDATA[The NCDEX turmeric futures extended their losses in the last trading  session on the back of weak demand by traders and exporters. The  Benchmark May contract on NCDEX wilted by more than 2% today.As  per the latest release from the Spices Board of I.....]]></description><pubDate>June 01,2011</pubDate></item><item><title><![CDATA[Steel Cos To Raise Prices On Rising Input Costs [June 01,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1011/Steel_Cos_To_Raise_Prices_On_Rising_Input_Costs/index.html]]></guid><description><![CDATA[After oil companies, it's now the turn of steel firms to hike prices.  Steel prices are expected to go up between Rs 600 and Rs 1000 per tonne  with effect from June 1, the first such hike this year. Soaring prices  of raw material in international m.....]]></description><pubDate>June 01,2011</pubDate></item><item><title><![CDATA[Rupee Up 9 Paise Against US Dollar In Early Trade [June 01,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1012/Rupee_Up_9_Paise_Against_US_Dollar_In_Early_Trade/index.html]]></guid><description><![CDATA[Continuing on its gaining streak for the fifth straight day, the Indian  rupee strengthened by another 9 paise to Rs 44.97 against the US dollar  in early trade on the Interbank Foreign Exchange today.The rupee appreciation was largely in line with s.....]]></description><pubDate>June 01,2011</pubDate></item><item><title><![CDATA[Indian Coal Distribution Policy To Be Reviewed [May 31,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1003/Indian_Coal_Distribution_Policy_To_Be_Reviewed/index.html]]></guid><description><![CDATA[A meeting with all the stakeholders and the user groups has been called  early next month The New Coal Distribution Policy announced in October  2007 is in for review and a possible recast. A meeting with all the  stakeholders and the user groups has.....]]></description><pubDate>May 31,2011</pubDate></item><item><title><![CDATA[Spice Exports Record New High On Chilli And Mint [May 31,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1004/Spice_Exports_Record_New_High_On_Chilli_And_Mint/index.html]]></guid><description><![CDATA[Export earnings from spices crossed $ 1500 million during the last FY  largely due to good performance by chilli and mint products. Exports of  spices and its value added products registered an all time high in both  volume and value during the last .....]]></description><pubDate>May 31,2011</pubDate></item><item><title><![CDATA[Sam Pitroda Says India Still Dependent On Imports For Electronic Hardware [May 31,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1005/Sam_Pitroda_Says_India_Still_Dependent_On_Imports_For_Electronic_Hardware/index.html]]></guid><description><![CDATA[Sam Pitroda, telecom advisor to Prime Minister Dr. Manmohan Singh, on  Monday highlighted India's dependence on electronic hardware imports.Pitroda said India's inability to excel in hardware has till now been attributed to the country's poor manufac.....]]></description><pubDate>May 31,2011</pubDate></item><item><title><![CDATA[Apparel Exports Grow About 13% in April [May 31,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1006/Apparel_Exports_Grow_About_13%_in_April/index.html]]></guid><description><![CDATA[India's apparel exports grew by about 13% to $1 billion in April 2011  year-on-year, due to strong demand from the US and European markets.The  exports stood at $972 million in April last year, according to the data  provided by the Apparel Export Pr.....]]></description><pubDate>May 31,2011</pubDate></item><item><title><![CDATA[Implications Of Free Trade Agreements For Enterprises [May 31,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1007/Implications_Of_Free_Trade_Agreements_For_Enterprises/index.html]]></guid><description><![CDATA[India's policy on Free Trade Agreements (FTAs) is bound to have  significant impact on the country's economy in general, and in the  manufacturing sector in particular. India is currently engaged in  negotiating bilateral trade and investment agreeme.....]]></description><pubDate>May 31,2011</pubDate></item><item><title><![CDATA[India Set To Be Top Indonesia Coal Importer: ASSOC [May 30,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/998/India_Set_To_Be_Top_Indonesia_Coal_Importer_ASSOC/index.html]]></guid><description><![CDATA[India will surpass Japan to become the leading buyer of Indonesian coal  this year, taking as much as 60 million tonnes to help meet feed India's  burgeoning power demand, the Indonesian Coal Mining Association said on  Monday.India will import 5 mil.....]]></description><pubDate>May 30,2011</pubDate></item><item><title><![CDATA[Rupee Up On Local Shares, Asian Peers; Euro Aids [May 30,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/999/Rupee_Up_On_Local_Shares_Asian_Peers;_Euro_Aids/index.html]]></guid><description><![CDATA[The Indian rupee rose on Monday drawing comfort from positive local shares and Asian currencies alongside a strong euro.* At 9:27 a.m., the partially convertible rupee was at 45.11/12, against last close of 45.16/17.*  For the day, the rupee could mo.....]]></description><pubDate>May 30,2011</pubDate></item><item><title><![CDATA[Guarseed Likely To Drop On Weak Exports [May 30,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1000/Guarseed_Likely_To_Drop_On_Weak_Exports/index.html]]></guid><description><![CDATA[Sideways trend was noted for Guar last week as traders awaited the Monsoon progress reports and reports on the export front.Latest  predictions do apprehend possibility of monsoon arriving on time in the  growing areas in Rajasthan and this could hav.....]]></description><pubDate>May 30,2011</pubDate></item><item><title><![CDATA[India's New Trading Schemes To Curb Carbon Emissions [May 30,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1001/India's_New_Trading_Schemes_To_Curb_Carbon_Emissions/index.html]]></guid><description><![CDATA[India is taking a different path to curb its emissions, betting big on  two market-based trading schemes to encourage energy efficiency and  green power.Following are some details about the Renewable  Energy Certificate (RECs) and Perform, Achieve an.....]]></description><pubDate>May 30,2011</pubDate></item><item><title><![CDATA[Clothing Brands Likely To Get Costlier By 35% This Diwali [May 30,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/1002/Clothing_Brands_Likely_To_Get_Costlier_By_35%_This_Diwali/index.html]]></guid><description><![CDATA[Apparel buyers will have to shell out 35% more when they begin their  festival shopping this October. The price rise made regional brands such  as Liverpool costlier by 40% and national brands such as Arrow by 25%.Garment  prices have already risen 2.....]]></description><pubDate>May 30,2011</pubDate></item><item><title><![CDATA['Ban On Wheat, Rice Exports From Govt Stocks' [May 27,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/993/'Ban_On_Wheat_Rice_Exports_From_Govt_Stocks'/index.html]]></guid><description><![CDATA[Rice and wheat exports have been banned from the government stocks, said  Union Food Minister K V Thomas. A decision on the country's wheat and  rice exports this season may be taken soon.India will be  launching a food security law soon and any deci.....]]></description><pubDate>May 27,2011</pubDate></item><item><title><![CDATA[India Posts 14% Rise In Handicraft Exports To $204 mn During Apr 2011 [May 27,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/994/India_Posts_14%_Rise_In_Handicraft_Exports_To_$204_mn_During_Apr_2011/index.html]]></guid><description><![CDATA[The handicraft exports have surged by 14% to $204 million during April  this year with the help of surging demand from the US and European  markets. The requirement has also started to emerge in other markets  such as Middle East, Latin America and A.....]]></description><pubDate>May 27,2011</pubDate></item><item><title><![CDATA[Turmeric Price Fall May Pause With Resumption Of Exports To Japan [May 27,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/995/Turmeric_Price_Fall_May_Pause_With_Resumption_Of_Exports_To_Japan/index.html]]></guid><description><![CDATA[The trend of falling prices in turmeric market may halt as exports to  Japan have resumed. The export orders, which had come from Japan before  the earthquake, are now being dispatched from the various producing  centres of the country.The internatio.....]]></description><pubDate>May 27,2011</pubDate></item><item><title><![CDATA[Maharashtra Mills Contract Less Than Half Of Export Allocation So Far [May 27,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/996/Maharashtra_Mills_Contract_Less_Than_Half_Of_Export_Allocation_So_Far/index.html]]></guid><description><![CDATA[Mills in India's top sugar producing state of Maharashtra have  contracted to export only about 75,000 tonnes of white sugar out of  their total 162,000-tonne quota so far, said Prakash Naiknavare,  managing director of the Maharashtra State Cooperat.....]]></description><pubDate>May 27,2011</pubDate></item><item><title><![CDATA[Cardamom Settles Lower On Weak Exports [May 27,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/997/Cardamom_Settles_Lower_On_Weak_Exports/index.html]]></guid><description><![CDATA[The Cardamom futures continued the recovery on fresh buying during  initial hours on Thursday. Lower buying amid reduced arrivals at spot  market supported the futures to move up.However, poor demand at  domestic as well as export front pressurized t.....]]></description><pubDate>May 27,2011</pubDate></item><item><title><![CDATA[Timeline Difficult For India-EU Free Trade: Sharma [May 26,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/988/Timeline_Difficult_For_India-EU_Free_Trade_Sharma/index.html]]></guid><description><![CDATA[Indicating that differences persists between India and European Union  over their proposed free trade agreement, Commerce and Industry Minister  Anand Sharma said even the "best of astrologers would not know" about  the timeline.He only expressed hop.....]]></description><pubDate>May 26,2011</pubDate></item><item><title><![CDATA[New Opportunity For Iron Ore Exports To India [May 26,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/989/New_Opportunity_For_Iron_Ore_Exports_To_India/index.html]]></guid><description><![CDATA[Quality problems in India's iron ore industry could boost Australian exports by around 10 to 15 per cent.India, the world's third-largest iron ore exporter, exports about 80 million tonnes of ore to China every year.However,  the trade has been under.....]]></description><pubDate>May 26,2011</pubDate></item><item><title><![CDATA[Spice Exports In FY''11 To Cross Previous Year''s Exports [May 26,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/990/Spice_Exports_In_FY''11_To_Cross_Previous_Year''s_Exports/index.html]]></guid><description><![CDATA[Spices exports during 2010-11 fiscal are likely to cross 5.02 lakh tonnes on the back of higher shipments of chilli."Spice  exports in FY''11 will cross the previous fiscal''s shipments, which  stood at 5.02 lakh tonne," sources in Spice Board told P.....]]></description><pubDate>May 26,2011</pubDate></item><item><title><![CDATA[India Economic Growth At 8.5% in 2011-12: OECD [May 26,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/991/India_Economic_Growth_At_85%_in_2011-12_OECD/index.html]]></guid><description><![CDATA[Paris-based think tank OECD today pegged India's growth at 8.5% for the  current fiscal, indicating that economic expansion would be slower.The  Organisation for Economic Cooperation and Development (OECD) has  projected the Indian economy to expand .....]]></description><pubDate>May 26,2011</pubDate></item><item><title><![CDATA[Cardamom Settles Higher On Export Demand [May 26,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/992/Cardamom_Settles_Higher_On_Export_Demand/index.html]]></guid><description><![CDATA[The Cardamom futures witnessed small recovery on fresh buying on  Tuesday. Lower buying at after a huge fall in prices supported the  futures to move up. However, poor demand at domestic as well as  export front limited the gains and futures ended th.....]]></description><pubDate>May 26,2011</pubDate></item><item><title><![CDATA[Duty Cut On Crude Products May Hit Tax Mop-Up: Revenue Secy [May 25,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/983/Duty_Cut_On_Crude_Products_May_Hit_Tax_Mop-Up_Revenue_Secy/index.html]]></guid><description><![CDATA[Government is concerned over meeting its FY11 tax collection target  given the high inflation and a possibility of restructuring duties on  petroleum products.In a clear indication of the revenue  department's stand, Revenue Secretary Sunil Mitra sai.....]]></description><pubDate>May 25,2011</pubDate></item><item><title><![CDATA[Volatile Raw Material Prices Hit Brass Parts Industry [May 25,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/984/Volatile_Raw_Material_Prices_Hit_Brass_Parts_Industry/index.html]]></guid><description><![CDATA[The brass parts industry in Jamnagar is reeling under an uncertain  pricing situation. The industry has witnessed steep rise in prices of  brass scrap, which has risen from Rs 250 per kg to Rs 300 per kg in past  five months.The small players making .....]]></description><pubDate>May 25,2011</pubDate></item><item><title><![CDATA[Indian Leather Exporters Upbeat Over A Future [May 25,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/985/Indian_Leather_Exporters_Upbeat_Over_A_Future/index.html]]></guid><description><![CDATA[Over a subsequent 6 months, a Indian leather zone expects a marketplace  conditions in a required trade markets like a US and a Europe to  stabilize.The direct for leather equipment in these normal trade  markets is rising usually and is approaching .....]]></description><pubDate>May 25,2011</pubDate></item><item><title><![CDATA[Govt May Go Slow On Tax Refunds; Refrain From Oil Duty Cuts [May 25,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/986/Govt_May_Go_Slow_On_Tax_Refunds;_Refrain_From_Oil_Duty_Cuts/index.html]]></guid><description><![CDATA[Worried that high inflation and moderating growth could impact tax  collections in 2011-12, the government today indicated that it may go  slow on tax refunds and refrain from reducing duties on petroleum  products. The indications were given by top .....]]></description><pubDate>May 25,2011</pubDate></item><item><title><![CDATA[Exporters To Gain From Japan Rebuilding, Economic Pact [May 25,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/987/Exporters_To_Gain_From_Japan_Rebuilding_Economic_Pact/index.html]]></guid><description><![CDATA[Japan's rebuilding would be a huge opportunity for Indian exporters  across sectors. While the tariff cuts on goods under the India-Japan  economic pact, which is expected to be operational by September 2011,  would help boost Indian exports, New Del.....]]></description><pubDate>May 25,2011</pubDate></item><item><title><![CDATA[ASSOCHAM Calls For Lifting Ban On Cotton Exports [May 24,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/978/ASSOCHAM_Calls_For_Lifting_Ban_On_Cotton_Exports/index.html]]></guid><description><![CDATA[Following 40 per cent decline in cotton prices during the past  one-and-a-half month, industry body ASSOCHAM today called for lifting  the ban on raw cotton exports to protect interests of farmers across the  country. Cotton prices have tumbled from .....]]></description><pubDate>May 24,2011</pubDate></item><item><title><![CDATA[Sharma To Make Case For DEPB Extension [May 24,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/979/Sharma_To_Make_Case_For_DEPB_Extension/index.html]]></guid><description><![CDATA[Commerce and Industry Minister Anand Sharma will be meeting Finance  Minister Pranab Mukherjee to make a case for the extension of one of the  most popular incentives to exporters, the Duty Entitlement Passbook  Scheme (DEPB), which is slated for exp.....]]></description><pubDate>May 24,2011</pubDate></item><item><title><![CDATA[DCGI Issues Draft Guidance For Drugs Imports In Bulk For Non-Medicinal Use [May 24,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/980/DCGI_Issues_Draft_Guidance_For_Drugs_Imports_In_Bulk_For_Non-Medicinal_Use/index.html]]></guid><description><![CDATA[The office of the Drug Controller General of India (DCGI) has issued  fresh draft guidance for the grant of permission for drugs imported in  bulk for non-medicinal use as per Rule 43 of the Drugs and Cosmetics  Rules with a view to ensure uniform im.....]]></description><pubDate>May 24,2011</pubDate></item><item><title><![CDATA[Decision To Impose Duty On Cross-Border Shopping 'Impractical' [May 24,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/981/Decision_To_Impose_Duty_On_Cross-Border_Shopping_'Impractical'/index.html]]></guid><description><![CDATA[The government decision to impose custom duty on the import of goods worth Rs 100 from India has been termed unrealistic.The  government&rsquo;s decision, bringing in an Act, to collect tax from even an  imported product worth Rs 100 has affected com.....]]></description><pubDate>May 24,2011</pubDate></item><item><title><![CDATA[Rupee Up 7 Paise Against U.S. Dollar In Early Trade [May 24,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/982/Rupee_Up_7_Paise_Against_US_Dollar_In_Early_Trade/index.html]]></guid><description><![CDATA[The Indian rupee strengthened by 7 paise to Rs 45.15 against the US  dollar in early trade on the Interbank Foreign Exchange today, supported  by a better trend in the equity market and dollar-selling by exporters.The  rupee had depreciated by 21 pai.....]]></description><pubDate>May 24,2011</pubDate></item><item><title><![CDATA[Michelin Plans To Stop Importing Tyres Into India By 2015 [May 20,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/974/Michelin_Plans_To_Stop_Importing_Tyres_Into_India_By_2015/index.html]]></guid><description><![CDATA[Global tyre major Michelin today said it is looking to stop importing  truck and bus tyres into India by 2015 as it expects to become 'self  sufficient' in meeting demand in the country from its production  facility being set up in Chennai.Besides se.....]]></description><pubDate>May 20,2011</pubDate></item><item><title><![CDATA[Rupee Gains 3 Paise Against U.S. Dollar In Early Trade [May 20,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/975/Rupee_Gains_3_Paise_Against_US_Dollar_In_Early_Trade/index.html]]></guid><description><![CDATA[The Indian rupee gained 3 paise to Rs. 44.94 per dollar at the Interbank  Foreign Exchange on Friday, extending its rising streak for the third  straight day on the back of a higher opening in the stock market and  dollar weakness against other Asian.....]]></description><pubDate>May 20,2011</pubDate></item><item><title><![CDATA[India''s 2011-12 Coffee Exports May Slump By 16.7 pc: USDA [May 20,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/976/India''s_2011-12_Coffee_Exports_May_Slump_By_167_pc_USDA/index.html]]></guid><description><![CDATA[India''s coffee exports are expected to decline by 16.7 per cent to  2,40,000 tonnes in the 2011-12 crop year (October-September) due to  lower production and tight carry-over stocks, a latest USDA report said.India,  Asia''s biggest coffee exporter,.....]]></description><pubDate>May 20,2011</pubDate></item><item><title><![CDATA[India's HPCL To Import 3.5 mln Tonnes Crude Oil From Iran [May 20,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/977/India's_HPCL_To_Import_35_mln_Tonnes_Crude_Oil_From_Iran/index.html]]></guid><description><![CDATA[India'S HPCL will import 12.5 million tonnes of crude oil in 2011/12,  including one million tonnes from the spot market, its head of  refineries K. Murali said on Wednesday.Of the total imports, 11.5 million tonnes will be through term deals, Murali.....]]></description><pubDate>May 20,2011</pubDate></item><item><title><![CDATA[Gems & Jewellery Exports Rise 4% in April [May 19,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/968/Gems_&_Jewellery_Exports_Rise_4%_in_April/index.html]]></guid><description><![CDATA[India's gems and jewellery exports rose marginally by 4.18% to 14,268  crore durng April. Exports of cut and polished diamonds have increased  by 5%, while silver jewellery exports rose by around 34% in April."The  overall exports of gems and jewelle.....]]></description><pubDate>May 19,2011</pubDate></item><item><title><![CDATA[Karnataka Ore Exporters May Miss China Biz [May 19,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/969/Karnataka_Ore_Exporters_May_Miss_China_Biz/index.html]]></guid><description><![CDATA[The political crisis in Karnataka is affecting iron ore exports from the  state. Though the Supreme Court has directed the government to issue  permits to iron ore exporters, nothing has happened till now. The  non-issuance of export permits comes at.....]]></description><pubDate>May 19,2011</pubDate></item><item><title><![CDATA[AP Govt Seeks Export Of 2.5 Million Tons Of Non-Basmati Rice [May 19,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/970/AP_Govt_Seeks_Export_Of_25_Million_Tons_Of_Non-Basmati_Rice/index.html]]></guid><description><![CDATA[The Andhra Pradesh government has requested the Union Food Ministry to  allow export of 2.5 million tonnes of non-basmati rice from the state.The export of non-basmati rice has been banned since April, 2008 in the wake of high food inflation."I  requ.....]]></description><pubDate>May 19,2011</pubDate></item><item><title><![CDATA[Spinning Mills To Cut Cotton Yarn Production 33% [May 19,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/971/Spinning_Mills_To_Cut_Cotton_Yarn_Production_33%/index.html]]></guid><description><![CDATA[Spinning mills have decided to cut production by a third from Tuesday.Led  by the Confederation of Indian Textile Industry (Citi), the move was  announced on Wednesday in a meeting with all the major textile  associations in New Delhi.To begin with, .....]]></description><pubDate>May 19,2011</pubDate></item><item><title><![CDATA[Decision on FDI in Multi-Brand Retail Soon [May 19,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/972/Decision_on_FDI_in_Multi-Brand_Retail_Soon/index.html]]></guid><description><![CDATA[The government is expected to take a decision in the next three months  on allowing foreign direct investment in multi-brand retail, a long  pending issue. A new National Manufacturing Policy creating an investor  friendly environment is also likely,.....]]></description><pubDate>May 19,2011</pubDate></item><item><title><![CDATA[Decision on FDI in Multi-Brand Retail Soon [May 19,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/973/Decision_on_FDI_in_Multi-Brand_Retail_Soon/index.html]]></guid><description><![CDATA[The government is expected to take a decision in the next three months  on allowing foreign direct investment in multi-brand retail, a long  pending issue. A new National Manufacturing Policy creating an investor  friendly environment is also likely,.....]]></description><pubDate>May 19,2011</pubDate></item><item><title><![CDATA[India''s Synthetic Rubber Consumption Up By 8 pc in Feb 2011 [May 18,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/963/India''s_Synthetic_Rubber_Consumption_Up_By_8_pc_in_Feb_2011/index.html]]></guid><description><![CDATA[The country''s synthetic rubber consumption rose by 8 per cent to 33,925  tonnes in February, 2011, while domestic supply rose by almost 10 per  cent to 9,634 tonnes in the same period, according to the Rubber Board.Synthetic  rubber demand and produ.....]]></description><pubDate>May 18,2011</pubDate></item><item><title><![CDATA[India's Polished Exports +6% in April [May 18,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/964/India's_Polished_Exports_+6%_in_April/index.html]]></guid><description><![CDATA[India&rsquo;s polished diamond exports rose 6 percent year on year to $2.04  billion in April 2011, the Gem &amp; Jewellery Export Promotion Council  (GJEPC) reported. By volume, exports fell 8 percent to 4.945 million  carats as the average price on.....]]></description><pubDate>May 18,2011</pubDate></item><item><title><![CDATA[Vegetable Oil Imports See a Drop For First Time Strap [May 18,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/965/Vegetable_Oil_Imports_See_a_Drop_For_First_Time_Strap/index.html]]></guid><description><![CDATA[India has, for the first time, seen drop in vegetable oils imports  during the first six months of oil year 2010-11 owing to better domestic  availability.The imports dropped 16% from November to April.  The country is world's top importer of vegetab.....]]></description><pubDate>May 18,2011</pubDate></item><item><title><![CDATA[Indian Iron Ore Mining Mess - Karnataka To Resume Iron Ore Exports This Week [May 18,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/966/Indian_Iron_Ore_Mining_Mess_-_Karnataka_To_Resume_Iron_Ore_Exports_This_Week/index.html]]></guid><description><![CDATA[India's Karnataka state will start issuing iron ore shipment permits  this week, more than a month after an export ban was lifted, but the  imminent monsoon could leave only a small window for sales.The  southern state, which accounts for about a qua.....]]></description><pubDate>May 18,2011</pubDate></item><item><title><![CDATA[Macroeconomic Indicators - Indian Exports Surged By 34pct in April [May 18,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/967/Macroeconomic_Indicators_-_Indian_Exports_Surged_By_34pct_in_April/index.html]]></guid><description><![CDATA[Dr Rahul Khullar India's commerce secretary said that the financial year  2011-12 opened with 34.4% YoY growth in exports to USD 23.9 billion in  April 2011, but it is not going to be an easy summer for exporters.Imports  grew at a lesser pace of 14......]]></description><pubDate>May 18,2011</pubDate></item><item><title><![CDATA[Price Decline Likely To Help Cardamom Export [May 17,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/959/Price_Decline_Likely_To_Help_Cardamom_Export/index.html]]></guid><description><![CDATA[A sudden plunge in cardamom prices in the ongoing lean season is  worrying traders and farmers. After hitting a high of Rs 1,500 per kg in  last two years, cardamom prices are oscillating between Rs 750 and Rs  800.However, low prices could augur wel.....]]></description><pubDate>May 17,2011</pubDate></item><item><title><![CDATA[Ending of DEPB Scheme Will Affect Exports Growth: CII [May 17,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/960/Ending_of_DEPB_Scheme_Will_Affect_Exports_Growth_CII/index.html]]></guid><description><![CDATA[Discontinuation of the tax rebate scheme DEPB from June will make  exports uncompetitive, thus affecting its growth momentum, industry body  CII has said.Exporters get refund of duties on import content  of their export products under which they have.....]]></description><pubDate>May 17,2011</pubDate></item><item><title><![CDATA[Cotton Price Crash Hits Ginners [May 17,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/961/Cotton_Price_Crash_Hits_Ginners/index.html]]></guid><description><![CDATA[Prices have fallen 30 per cent in two months, 50 per cent ginners in Gujarat shut shop.The  recent fall in cotton prices has taken its toll on ginners who convert  cotton into bales form by ginning and pressing. Around 50 per cent of  ginners in Guja.....]]></description><pubDate>May 17,2011</pubDate></item><item><title><![CDATA[Indian Vegetable Oil Imports Fall For Sixth Straight Month [May 17,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/962/Indian_Vegetable_Oil_Imports_Fall_For_Sixth_Straight_Month/index.html]]></guid><description><![CDATA[India's annual vegetable oil imports fell for the sixth straight month  in April, trade data showed on Friday, largely on higher local oilseeds  supply, but monthly overseas purchases rose as the oilseeds harvest  season ended.India purchased 475,123.....]]></description><pubDate>May 17,2011</pubDate></item><item><title><![CDATA[India's Rubber Import Dips 92 Per Cent in April [May 16,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/954/India's_Rubber_Import_Dips_92_Per_Cent_in_April/index.html]]></guid><description><![CDATA[India's natural rubber imports plummeted by 92 per cent to 843 tonnes in April due to high global prices.The  country had imported as much as 10,876 tonnes of natural rubber in the  same period last year, according to the Rubber Board data."Import  o.....]]></description><pubDate>May 16,2011</pubDate></item><item><title><![CDATA[Rupee at 8-week low, down 21 paise against $ in early trade [May 16,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/955/Rupee_at_8-week_low_down_21_paise_against_$_in_early_trade/index.html]]></guid><description><![CDATA[The Indian rupee weakened by 21 paise to trade at nearly an 8-week low  of Rs. 45.07 against the U.S. dollar in early trade on the Interbank  Foreign Exchange today, largely in line with weakness in other Asian  currencies against the US dollar overs.....]]></description><pubDate>May 16,2011</pubDate></item><item><title><![CDATA[FIPB Clears FDI Proposals Worth INR 1027 CroreFIPB Clears FDI Proposals Worth INR 1027 Crore [May 16,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/956/FIPB_Clears_FDI_Proposals_Worth_INR_1027_CroreFIPB_Clears_FDI_Proposals_Worth_INR_1027_Crore/index.html]]></guid><description><![CDATA[PM News Bureau reported that the Indian government has cleared 21 foreign direct investment proposals totaling INR 1,027 crore.A  total of 47 FDI proposals were taken up by the Foreign Investment  Promotion Board, but the board deferred 17 proposals .....]]></description><pubDate>May 16,2011</pubDate></item><item><title><![CDATA[Vietnam Tops The World in Pepper Export [May 16,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/957/Vietnam_Tops_The_World_in_Pepper_Export/index.html]]></guid><description><![CDATA[Vietnam exported 42,000 tons of pepper, worth 208 million U.S. dollars,  in the first four months of this year, surpassing the pepper crowned  India and becoming the world's largest pepper exporter, reported the  Ministry of Agriculture and Rural Dev.....]]></description><pubDate>May 16,2011</pubDate></item><item><title><![CDATA[CESC Brings In Variable Tariff As Coal Prices Rise [May 16,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/958/CESC_Brings_In_Variable_Tariff_As_Coal_Prices_Rise/index.html]]></guid><description><![CDATA[Power utility CESC Ltd has introduced a concept of monthly variable cost  adjustment MVCA) for its customers for the first time, raising its  tariff by 10% for the month of April, following a steep hike in coal  prices, increase in power purchase cos.....]]></description><pubDate>May 16,2011</pubDate></item><item><title><![CDATA[Will Continue To Pursue India On Dairy Product Imports: US [May 14,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/949/Will_Continue_To_Pursue_India_On_Dairy_Product_Imports_US/index.html]]></guid><description><![CDATA[India has cultural and religious concerns on import of dairy products  from the United States, a top Obama Administration official has said,  adding it is continuing to work with Indian authorities to open up its  huge dairy market.The issue was also.....]]></description><pubDate>May 14,2011</pubDate></item><item><title><![CDATA[Rice & wheat Stocks Swell, But Export Ban May Not Be Lifted [May 14,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/950/Rice_&_wheat_Stocks_Swell_But_Export_Ban_May_Not_Be_Lifted/index.html]]></guid><description><![CDATA[Stocks with the Food Corporation of India (FCI) and state agencies have  swelled with record harvests over the last two years, but that does not  mean the government will lift the ban on foodgrain exports in a hurry.According  to the latest food mini.....]]></description><pubDate>May 14,2011</pubDate></item><item><title><![CDATA[Prules Firm On Low Arrivals [May 14,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/951/Prules_Firm_On_Low_Arrivals/index.html]]></guid><description><![CDATA[Spot pepper prices and Futures traded firm owing to improved offtakes by  the local stockists and settled 1.33% higher on Thursday. Hoarding or  pepper by Vietnam farmers anticipating further rise in the coming days  is also supporting pepper prices......]]></description><pubDate>May 14,2011</pubDate></item><item><title><![CDATA[India's Maharashtra Mills Sell 12,500 T Sugar For Exports-Sources [May 14,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/952/India's_Maharashtra_Mills_Sell_12500_T_Sugar_For_Exports-Sources/index.html]]></guid><description><![CDATA[Co-operative mills  in India's Maharashtra state have sold more than 12,500 tonnes of sugar  at 29,000-29,300 rupees ($644-$651) per tonne to exporters, getting a  premium over London white futures, company officials and traders said on  Friday.The m.....]]></description><pubDate>May 14,2011</pubDate></item><item><title><![CDATA[Errant Indian Diamond Exporters To Face The Heat [May 14,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/953/Errant_Indian_Diamond_Exporters_To_Face_The_Heat/index.html]]></guid><description><![CDATA[In a move meant to curtail fake diamond exports and the round tripping  of funds and diamonds indulged in by some nefarious diamond merchants,  India's central bank, the Reserve Bank of India, has reduced the term of  letters of credit for the import.....]]></description><pubDate>May 14,2011</pubDate></item><item><title><![CDATA[Group Of Ministers To Decide On Cotton Export Limit Hike [May 13,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/944/Group_Of_Ministers_To_Decide_On_Cotton_Export_Limit_Hike/index.html]]></guid><description><![CDATA[A group of miniters will decide on increasing the export limit of cotton exports from the current 5.5 million bales, trade secretary Rahul Khullar said on Thursday.India has revised downwards its cotton output estimates for 2010/11 by more than 5 per.....]]></description><pubDate>May 13,2011</pubDate></item><item><title><![CDATA[Govt Partially Opens LLPs To Foreign Investments [May 13,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/945/Govt_Partially_Opens_LLPs_To_Foreign_Investments/index.html]]></guid><description><![CDATA[The government on Wednesday partially opened limited liability partnerships to foreign investments, ending months of wrangling over the extent of foreign ownership in this new form of business structure.Foreign direct investment in LLPs will be allow.....]]></description><pubDate>May 13,2011</pubDate></item><item><title><![CDATA[Finance Ministry To Take up 42 FDI Proposals Next Week [May 13,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/946/Finance_Ministry_To_Take_up_42_FDI_Proposals_Next_Week/index.html]]></guid><description><![CDATA[The Finance Ministry will take up 42 foreign direct investment (FDI) proposals, including that of BNP Paribas , Tata Steel and PTC India Financial Services, next week.The Foreign Investment Promotion Board (FIPB) headed by Economic Affairs Secretary .....]]></description><pubDate>May 13,2011</pubDate></item><item><title><![CDATA[Coal Prices May Slide On Global Fall [May 13,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/947/Coal_Prices_May_Slide_On_Global_Fall/index.html]]></guid><description><![CDATA[Coal prices may soften in the coming months, bringing respite to steel, cement and power companies. The market expectation is that coking coal price is likely to depreciate by $30-$40 per tonne but there may be a drop of $10 per tonne on thermal coal.....]]></description><pubDate>May 13,2011</pubDate></item><item><title><![CDATA[Spices Board Concerned Over Sharp Fall In Cardamom Prices [May 13,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/948/Spices_Board_Concerned_Over_Sharp_Fall_In_Cardamom_Prices/index.html]]></guid><description><![CDATA[The Spices Board has warned the various stakeholders including farmers about the recent sharp fall in the prices of cardamom which is not consistent the prevailing market conditions in India and abroad.In a statement, the board clarified that the auc.....]]></description><pubDate>May 13,2011</pubDate></item><item><title><![CDATA[Cabinet Approves FDI of $200m For GMR Airports [May 12,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/939/Cabinet_Approves_FDI_of_$200m_For_GMR_Airports/index.html]]></guid><description><![CDATA[The cabinet on Wednesday approved a foreign direct investment of USD 200 million in GMR Infrastructure's airport holding company by a group of private-equity firms, according to a government notification.A unit of Standard Chartered PLC, Jacob Ballas.....]]></description><pubDate>May 12,2011</pubDate></item><item><title><![CDATA[Border Push In EU FTA to Hit Pharma Exports [May 12,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/940/Border_Push_In_EU_FTA_to_Hit_Pharma_Exports/index.html]]></guid><description><![CDATA[In the quid pro quo of the free trade agreement (FTA) currently being negotiated with the European Union (EU), India could end up giving in to a provision which could hamper its exports of pharmaceuticals.The EU, according to FTA watchers, is pushing.....]]></description><pubDate>May 12,2011</pubDate></item><item><title><![CDATA[India To Import Zambian Leather [May 12,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/941/India_To_Import_Zambian_Leather/index.html]]></guid><description><![CDATA[An Indian delegation led by Rafeeque Ahmed, Chairperson of the Farida group of companies has arrived in Zambia to buy leather products worth more than US$ 1 billion over the next five years.The delegation expressed satisfaction with the quality of Za.....]]></description><pubDate>May 12,2011</pubDate></item><item><title><![CDATA[India To Double Trade With Australia Within 5 yrs: Anand Sharma [May 12,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/942/India_To_Double_Trade_With_Australia_Within_5_yrs_Anand_Sharma/index.html]]></guid><description><![CDATA[India and Australia have agreed to double trade between the two nations within five years, trade minister Anand Sharma said on Thursday after talks with his Australian counterpart Craig Emerson. Bilateral trade between the two nations is currently wo.....]]></description><pubDate>May 12,2011</pubDate></item><item><title><![CDATA[Coffee Traders Hold On To Exports, Await Global Price Rise [May 12,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/943/Coffee_Traders_Hold_On_To_Exports_Await_Global_Price_Rise/index.html]]></guid><description><![CDATA[Following the recent slump in international prices, coffee growers and traders in India are adopting a &lsquo;wait and watch&rsquo; policy, expecting a price rise after the monsoon.&ldquo;Coffee prices in the international bourses have witnessed subs.....]]></description><pubDate>May 12,2011</pubDate></item><item><title><![CDATA[Finance Ministry Against Customs Duty Cut On Crude [May 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/934/Finance_Ministry_Against_Customs_Duty_Cut_On_Crude/index.html]]></guid><description><![CDATA[The Central Board of Excise &amp; Customs (CBEC) is against a reduction in customs duty on crude with officials saying that the government stood to lose up to Rs 23,000 crore, which could upset the Centre's fiscal arithmetic. And, if the overall indi.....]]></description><pubDate>May 11,2011</pubDate></item><item><title><![CDATA[Tyre Prices Inflate Despite Dip In Rubber Prices [May 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/935/Tyre_Prices_Inflate_Despite_Dip_In_Rubber_Prices/index.html]]></guid><description><![CDATA[Tyre prices continue to soar in India, despite the fact that the cost of rubber has dropped in the recent times. The phenomenon has hit the transport industry hard.&ldquo;The price of tyre was revised thrice in the last four months, even as rubber co.....]]></description><pubDate>May 11,2011</pubDate></item><item><title><![CDATA[Rupee Gains 7 Paise ASgainst US Dollar In Early Trade [May 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/936/Rupee_Gains_7_Paise_ASgainst_US_Dollar_In_Early_Trade/index.html]]></guid><description><![CDATA[The Indian Rupee appreciated by 7 paise to Rs 44.67 per dollar at the Interbank Foreign Exchange today, supported by a higher opening in the stock market and dollar weakness against the euro and other Asian currencies.The rupee had depreciated by 2 p.....]]></description><pubDate>May 11,2011</pubDate></item><item><title><![CDATA[India And Australia To Open Trade Talks [May 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/937/India_And_Australia_To_Open_Trade_Talks/index.html]]></guid><description><![CDATA[India and Australia have agreed to open negotiations towards a free trade agreement (FTA), Australian Minister for Trade Craig Emerson announced last week.The announcement continues a rush by governments towards bilateral trade deals, now that global.....]]></description><pubDate>May 11,2011</pubDate></item><item><title><![CDATA[EU BAN ON AYUSH DRUGS [May 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/938/EU_BAN_ON_AYUSH_DRUGS/index.html]]></guid><description><![CDATA[India's ayurvedic and herbal exports to Europe are going to get seriously affected with the enforcement of&nbsp; the Traditional Herbal Medicinal Products Directive (THMPD) by the European Union from May 1. It was known to everyone in the industry si.....]]></description><pubDate>May 11,2011</pubDate></item><item><title><![CDATA[India: Medicines meant for exports to have bar codes from 1 July 2011 [May 10,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/929/India_Medicines_meant_for_exports_to_have_bar_codes_from_1_July_2011/index.html]]></guid><description><![CDATA[India's Ministry of Commerce and Industry is going ahead with its compulsory ruling for locally-manufactured medicines meant for exports to have bar code. This will be effective from 1 July 2011, and is a response to allegations of counterfeit medica.....]]></description><pubDate>May 10,2011</pubDate></item><item><title><![CDATA[India Duties Force Foreign Automakers To Increase Prices [May 10,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/930/India_Duties_Force_Foreign_Automakers_To_Increase_Prices/index.html]]></guid><description><![CDATA[New Delhi&rsquo;s impending increase in customs duties for locally-assembled luxury cars, customers in the Indian sub-continent will soon have to pay significantly more to drive home the luxury cars that the increasingly affluent middle class covets......]]></description><pubDate>May 10,2011</pubDate></item><item><title><![CDATA[India, New Zealand Target Trebling In Trade [May 10,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/931/India_New_Zealand_Target_Trebling_In_Trade/index.html]]></guid><description><![CDATA[Two-way trade between India and New Zealand, currently worth $1 billion a year, could reach $3 billion annually by 2014 with concerted effort from both countries and reduced trade barriers, the two trade ministers have agreed.In a communiqu&eacute; a.....]]></description><pubDate>May 10,2011</pubDate></item><item><title><![CDATA[Handicraft Exports Surge 26% in 2010-11 [May 10,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/932/Handicraft_Exports_Surge_26%_in_2010-11/index.html]]></guid><description><![CDATA[Riding on the back of rising demand from emerging markets such as Africa and Latin America, India&rsquo;s handicraft exports strikingly grew by around 26 percent to $2.3 billion during 2010-11 fiscal, up from previous fiscal&rsquo;s $1.8 billion.Expo.....]]></description><pubDate>May 10,2011</pubDate></item><item><title><![CDATA[Pepper Drops On Reduced Off Takes [May 10,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/933/Pepper_Drops_On_Reduced_Off_Takes/index.html]]></guid><description><![CDATA[Spot pepper prices as well as Futures traded lower on account of reduced offtakes and settled 0.47% and 1.99% w-w. However, reports that Vietnam; the major producer of the commodity not selling its produce will control pepper prices from falling shar.....]]></description><pubDate>May 10,2011</pubDate></item><item><title><![CDATA[Under-Invoiced Items Back On Customs Table [May 09,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/924/Under-Invoiced_Items_Back_On_Customs_Table/index.html]]></guid><description><![CDATA[Department of Customs has revisited customs duty of under invoiced items from India with effect from today, according to director general Tanka Mani Sharma.However, it is set to revise customs duty of third-country goods from mid-May, he said, adding.....]]></description><pubDate>May 09,2011</pubDate></item><item><title><![CDATA[Indo-Bangla Trade: Closer Ties, But Discomfort Lingers [May 09,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/925/Indo-Bangla_Trade_Closer_Ties_But_Discomfort_Lingers/index.html]]></guid><description><![CDATA[At one level, relations between India and Bangladesh have been becoming healthier. Economic and political ties between the two countries have become stronger.There is greater co-operation in terms of discussions over water sharing, security matters (.....]]></description><pubDate>May 09,2011</pubDate></item><item><title><![CDATA[India,Sri Lanka Plan To Work Out Mechanism To Check Export Of Substandard Drugs By Indian Pharma cos [May 09,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/926/IndiaSri_Lanka_Plan_To_Work_Out_Mechanism_To_Check_Export_Of_Substandard_Drugs_By_Indian_Pharma_cos/index.html]]></guid><description><![CDATA[Repeatedly faced with instances of supply of low-standard medicines and delay in supply of key medicines by Indian pharmaceutical firms, Sri Lanka is planning to take up the issue at the highest-level&nbsp; through a meeting between the health minist.....]]></description><pubDate>May 09,2011</pubDate></item><item><title><![CDATA[Organic India Forays Into Flower Export Segment [May 09,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/927/Organic_India_Forays_Into_Flower_Export_Segment/index.html]]></guid><description><![CDATA[Organic India, one of India&rsquo;s leading manufacturers and exporters of herbal formulations and food products, has forayed into the export segment of organically grown flowers.Recently, the company has exported a large consignment of rose petals t.....]]></description><pubDate>May 09,2011</pubDate></item><item><title><![CDATA[Export Basket Shows Distinct Shift [May 09,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/928/Export_Basket_Shows_Distinct_Shift/index.html]]></guid><description><![CDATA[Engineering items, refinery products show marked rise; observers say product diversification, drive for new markets showing resultsMerchandise export from India is undergoing a paradigm change. Engineering products recorded exports worth an estimated.....]]></description><pubDate>May 09,2011</pubDate></item><item><title><![CDATA[First FDI Approval For Darjeeling Tea [May 06,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/919/First_FDI_Approval_For_Darjeeling_Tea/index.html]]></guid><description><![CDATA[The Union finance ministry has cleared two foreign direct investment proposals from the Darjeeling tea industry, the first FDI approval since 1974 for the branded brew sector in the hills.&ldquo;Such investments had stopped after the introduction of .....]]></description><pubDate>May 06,2011</pubDate></item><item><title><![CDATA[Ceat To Spend Rs 1.5bn in FY12; Sees Export Boom [May 06,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/920/Ceat_To_Spend_Rs_15bn_in_FY12;_Sees_Export_Boom/index.html]]></guid><description><![CDATA[India's fourth largest tyre maker, has earmarked Rs 1.4-1.5 billion as capital expenditure in FY12 and expects exports to rise by as much as 50%, a senior official said on Thursday.The company plans to spend about Rs 1 billion to ramp up operations a.....]]></description><pubDate>May 06,2011</pubDate></item><item><title><![CDATA[Rupee weakens by 8 paise against U.S. dollar [May 06,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/921/Rupee_weakens_by_8_paise_against_US_dollar/index.html]]></guid><description><![CDATA[The Indian rupee depreciated by 8 paise to Rs. 44.84 per U.S. dollar in early trade on the Interbank Foreign Exchange today, weighed down by dollar gains against the other currencies overseas.Forex dealers said strengthening of the dollar against oth.....]]></description><pubDate>May 06,2011</pubDate></item><item><title><![CDATA[Govt Asks Exporters To Move Up The Value Chain [May 06,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/922/Govt_Asks_Exporters_To_Move_Up_The_Value_Chain/index.html]]></guid><description><![CDATA[India's medium term export strategy is according top priority to changing the value proposition for pharmaceuticals, electronics and auto component exports besides suggesting a plan to get a toehold into the high technology space."Rapidly changing te.....]]></description><pubDate>May 06,2011</pubDate></item><item><title><![CDATA[FDI Down By 11% in March To $1 bn; 25 pc in FY'11 [May 06,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/923/FDI_Down_By_11%_in_March_To_$1_bn;_25_pc_in_FY'11/index.html]]></guid><description><![CDATA[Foreign direct investment (FDI) in India declined for the third consecutive month in March, dipping by 11 per cent year-on-year to $1.07 billion in the backdrop of financial turmoil in Europe.The country received $1.2 billion in FDI in the correspond.....]]></description><pubDate>May 06,2011</pubDate></item><item><title><![CDATA[Tirupur Exporters Association Partners With Microsoft and Wipro [May 05,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/914/Tirupur_Exporters_Association_Partners_With_Microsoft_and_Wipro/index.html]]></guid><description><![CDATA[Tirupur Exporter&rsquo;s Association [TEA] through a special purpose vehicle [SPV], G-Tech Info Solutions today announced the adoption of a Wipro&rsquo;s next generation enterprise resource planning (ERP) solution for all manufacturing units in the c.....]]></description><pubDate>May 05,2011</pubDate></item><item><title><![CDATA[State Decides To Permit Export Of Boiled Rice [May 05,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/915/State_Decides_To_Permit_Export_Of_Boiled_Rice/index.html]]></guid><description><![CDATA[The state government has decided to permit the export of boiled rice outside the state without any conditions and has also decided to allow the export of raw rice during May and June with periodic monitoring of the price situation.This new developmen.....]]></description><pubDate>May 05,2011</pubDate></item><item><title><![CDATA[Rupee Down 9 Paise Against U.S. Dollar in Early Trade [May 05,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/916/Rupee_Down_9_Paise_Against_US_Dollar_in_Early_Trade/index.html]]></guid><description><![CDATA[The Indian rupee weakened by nine paise to Rs 44.56 against the U.S. dollar in early trade on the Interbank Foreign Exchange today, in line with weakness in other Asian currencies overseas.The rupee closed 4 paise higher in the previous session at Rs.....]]></description><pubDate>May 05,2011</pubDate></item><item><title><![CDATA[India & Latin America Mercosur Bloc To Expand Trade & Investment [May 05,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/917/India_&_Latin_America_Mercosur_Bloc_To_Expand_Trade_&_Investment/index.html]]></guid><description><![CDATA[India emphasised the need to deepen trade and investment engagements with Latin America by expanding the existing PTA arrangements with the Latin Mercosur market bloc.India's Minister of State for Commerce and Industry Shri Jyotiraditya Scindia said .....]]></description><pubDate>May 05,2011</pubDate></item><item><title><![CDATA[FM May Not Extend DEPB, Auto Sector Worried [May 05,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/918/FM_May_Not_Extend_DEPB_Auto_Sector_Worried/index.html]]></guid><description><![CDATA[Finance Minister Pranab Mukherjee thinks it is time to end an export incentive scheme that's been running for 14 years, the Duty Entitlement Passbook or DEPB. The scheme saw exporters get entitlements which could be used to offset a part of the burde.....]]></description><pubDate>May 05,2011</pubDate></item><item><title><![CDATA[Rupee Down 8 Paise Against US Dollar In Early Trade [May 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/909/Rupee_Down_8_Paise_Against_US_Dollar_In_Early_Trade/index.html]]></guid><description><![CDATA[The Indian rupee depreciated by 8 paise to Rs 44.59 against the US dollar in early trade on the Interbank Foreign Exchange today, in tandem with weakness in other Asian currencies overseas amid a lower opening in the stock market.The rupee fell by 18.....]]></description><pubDate>May 04,2011</pubDate></item><item><title><![CDATA[MoI&P Analysis on Planning Commission�s Proposal [May 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/910/MoI&P_Analysis_on_Planning_Commission�s_Proposal/index.html]]></guid><description><![CDATA[The imported car tariff structure directly benefits the affluent class only, while consumers belonging to lower income groups will not get any substantive benefit. Ministry of Industry and Production (MoIP) analysis on Planning Commission&rsquo;s (PC.....]]></description><pubDate>May 04,2011</pubDate></item><item><title><![CDATA[Carpet Exporters Expect Orders Worth $10 mn from EVTEKS [May 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/911/Carpet_Exporters_Expect_Orders_Worth_$10_mn_from_EVTEKS/index.html]]></guid><description><![CDATA[Orders worth USD 10 million are expected to be bagged by the Indian carpet exporters taking part in the EVTEKS- 17th edition of Istanbul Home Textiles Exhibition, the second biggest fair in the world in its field and the biggest in Turkey, which will.....]]></description><pubDate>May 04,2011</pubDate></item><item><title><![CDATA[India To Take Up to 2 mln T Russian Coal in 2011 [May 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/912/India_To_Take_Up_to_2_mln_T_Russian_Coal_in_2011/index.html]]></guid><description><![CDATA[India's surging demand for thermal coal will draw in 1-2 million tonnes of Russian supply for the first time in 2011 to compete with South African and Indonesian coal, Indian importers and Russian exporters said.Although Russian coal is likely to rem.....]]></description><pubDate>May 04,2011</pubDate></item><item><title><![CDATA[India, Malaysia To Expedite Deals For Improving Economic Ties [May 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/913/India_Malaysia_To_Expedite_Deals_For_Improving_Economic_Ties/index.html]]></guid><description><![CDATA[India and Malaysia have agreed to expedite talks on finalising a double taxation avoidance agreement, and also hoped for early completion of the India-ASEAN Free Trade Agreement in Services and Investment, Indian External Affairs minister S.M. Krishn.....]]></description><pubDate>May 04,2011</pubDate></item><item><title><![CDATA[Bumper Production And Higher MEP Pull Down Onion Exports [May 03,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/904/Bumper_Production_And_Higher_MEP_Pull_Down_Onion_Exports/index.html]]></guid><description><![CDATA[Bumper production in key growing countries including India and Pakistan and a higher minimum export (MEP) price have led to a sharp decline in onion exports from the country this year.Official sources told FE that while India exported 1.74 lakh tonne.....]]></description><pubDate>May 03,2011</pubDate></item><item><title><![CDATA[India Targets $30 bn In Textile Exports for FY12 [May 03,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/905/India_Targets_$30_bn_In_Textile_Exports_for_FY12/index.html]]></guid><description><![CDATA[In view of mounting demand for textiles and clothing in the western markets, Textiles Secretary Rita Menon said, the government has set a target of achieving $30 billion in exports during 2011-12.Global economic slump badly hit textile exports during.....]]></description><pubDate>May 03,2011</pubDate></item><item><title><![CDATA[Iron Ore Prices Gained In April, But Few Others Were Up in Steel [May 03,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/906/Iron_Ore_Prices_Gained_In_April_But_Few_Others_Were_Up_in_Steel/index.html]]></guid><description><![CDATA[The Platts suite of iron ore prices increased about 6% in April over March, but coking coal and scrap declined slightly and most other steel products also fell compared to last month.After prices slipped nearly 9% in March, iron ore recovered some gr.....]]></description><pubDate>May 03,2011</pubDate></item><item><title><![CDATA[Special Scheme To Boost Tea Exports [May 03,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/907/Special_Scheme_To_Boost_Tea_Exports/index.html]]></guid><description><![CDATA[A special scheme to boost India's declining tea exports, especially in markets like Russia, the CIS and West Asia is likely. The scheme may be mounted through a joint effort of the tea industry and trade who will partner the government.Indicating thi.....]]></description><pubDate>May 03,2011</pubDate></item><item><title><![CDATA[Rupee Opens 8 Paise Lower Against U.S. Dollar [May 03,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/908/Rupee_Opens_8_Paise_Lower_Against_US_Dollar/index.html]]></guid><description><![CDATA[The Indian rupee depreciated by 8 paise to Rs. 44.41 against the U.S. dollar in early trade on the Interbank Foreign Exchange today, weighed down by dollar gains against other currencies overseas and a weak trend in the equity market.Forex dealers sa.....]]></description><pubDate>May 03,2011</pubDate></item><item><title><![CDATA[India, Australia To Begin Free Trade Talks [May 02,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/898/India_Australia_To_Begin_Free_Trade_Talks/index.html]]></guid><description><![CDATA[Indian Commerce and Industry Minister Anand Sharma and his Australian counterpart Craig Emerson will begin talks on a free trade agreement between the two countries when they meet here May 12, Xinhua reported. India is Australia&rsquo;s third-biggest.....]]></description><pubDate>May 02,2011</pubDate></item><item><title><![CDATA[Rupee Falls by 13 Paise Against US Dollar in Early Trade [May 02,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/899/Rupee_Falls_by_13_Paise_Against_US_Dollar_in_Early_Trade/index.html]]></guid><description><![CDATA[The Indian rupee shed 13 paise to Rs 44.35 against the US dollar in early trade on the Interbank Foreign Exchange on Monday, largely in line with weakness in other Asian currencies against the US dollar overseas.The Indian currency closed 21 paise hi.....]]></description><pubDate>May 02,2011</pubDate></item><item><title><![CDATA[Textiles Ministry To Raise Imposition Of Excise With Finance Ministry [May 02,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/900/Textiles_Ministry_To_Raise_Imposition_Of_Excise_With_Finance_Ministry/index.html]]></guid><description><![CDATA[The textiles ministry has said it will ask the finance ministry to review imposition of excise duty on branded garments and made-up textiles as the levy is "hurting" the industry."The excise duty is hurting the industry. We are assessing the situatio.....]]></description><pubDate>May 02,2011</pubDate></item><item><title><![CDATA[Textiles Ministry To Raise Imposition Of Excise With Finance Ministry [May 02,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/901/Textiles_Ministry_To_Raise_Imposition_Of_Excise_With_Finance_Ministry/index.html]]></guid><description><![CDATA[The textiles ministry has said it will ask the finance ministry to review imposition of excise duty on branded garments and made-up textiles as the levy is \"hurting\" the industry.\"The excise duty is hurting the industry. We are assessing the situa.....]]></description><pubDate>May 02,2011</pubDate></item><item><title><![CDATA[Turkish Exporters Look To Asia To Offset Regional Losses [May 02,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/902/Turkish_Exporters_Look_To_Asia_To_Offset_Regional_Losses/index.html]]></guid><description><![CDATA[Turkish exporters are set to eye markets in Indonesia, China and India as demand from the Middle East and North Africa markets drop due to political turmoil in the region.&ldquo;As a result of developments in the Middle East, domestic exporters began.....]]></description><pubDate>May 02,2011</pubDate></item><item><title><![CDATA[FDI in Multi-Brand Retail May Go To Cabinet After Poll Results [May 02,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/903/FDI_in_Multi-Brand_Retail_May_Go_To_Cabinet_After_Poll_Results/index.html]]></guid><description><![CDATA[Industry Ministry's proposal to open multi-brand retail for foreign investment is likely to go to the Cabinet soon after assembly election results of four states and a Union Territory, taking on board job-related concerns of the Labour Ministry, sour.....]]></description><pubDate>May 02,2011</pubDate></item><item><title><![CDATA[Guarseed Falls on Profit Booking [April 30,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/893/Guarseed_Falls_on_Profit_Booking/index.html]]></guid><description><![CDATA[Guarseed futures gained by more than 6% during the last 7 consecutive sessions due to better offtakes amidst lower arrivals in the major mandis. However, prices declined by around 3% on Thursday on profit booking. Arrivals were almost nil in Ganganag.....]]></description><pubDate>April 30,2011</pubDate></item><item><title><![CDATA[Sona Koyo Steering Systems Ltd Registers 45.9 % Increase in Export Sales [April 30,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/894/Sona_Koyo_Steering_Systems_Ltd_Registers_459_%_Increase_in_Export_Sales/index.html]]></guid><description><![CDATA[Steering System manufacturer, Sona Koyo Steering Systems Ltd, has registered a 45.9 percent increase export sales from Rs. 317.4 million last year to Rs 463 million for the year ended 31st March, 2011.On a standalone basis, the company's net sales ha.....]]></description><pubDate>April 30,2011</pubDate></item><item><title><![CDATA[India Approves First Tranche of 29,622 t OGL Exports [April 30,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/895/India_Approves_First_Tranche_of_29622_t_OGL_Exports/index.html]]></guid><description><![CDATA[India has issued permits to export 29,622 tonnes of sugar, kicking off overseas sales of a total 500,000 tonnes given an official green light on April 19.A total of 16 mills have been allotted licences until April 26, of which Mawana Sugars Ltd. and .....]]></description><pubDate>April 30,2011</pubDate></item><item><title><![CDATA[India Inc's Raises $5.63 Billion in March Through ECBs [April 30,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/896/India_Inc's_Raises_$563_Billion_in_March_Through_ECBs/index.html]]></guid><description><![CDATA[India Inc raised over $5.63 billion overseas in March through external commercial borrowing (ECB), the Reserve Bank said.Around 90 companies raised over $2.90 billion for various projects through the automatic route, which does not require the Reserv.....]]></description><pubDate>April 30,2011</pubDate></item><item><title><![CDATA[Mill Imports Bamboo [April 30,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/897/Mill_Imports_Bamboo/index.html]]></guid><description><![CDATA[The Hindustan Paper Corporation (HPC) has started to import paper pulp from Singapore after it failed to obtain its principal raw material of 250,000 tonnes of bamboo a year.The CEO of the plant, T.R. Gowda, last night said already one such consignme.....]]></description><pubDate>April 30,2011</pubDate></item><item><title><![CDATA[Indian Commerce Minister To Visit Uruguay & Argentina [April 29,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/888/Indian_Commerce_Minister_To_Visit_Uruguay_&_Argentina/index.html]]></guid><description><![CDATA[A top level Indian business delegation headed by Minister of state for Commerce and Industry Jyotiraditya Scindia will visit Argentina and Uruguay next month to boost ties with Latin Mercosur bloc countries.The Indo-Asian news agency said Scindia wil.....]]></description><pubDate>April 29,2011</pubDate></item><item><title><![CDATA[Textile Mill Seeks Yarn Anti-Dumping Duty [April 29,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/889/Textile_Mill_Seeks_Yarn_Anti-Dumping_Duty/index.html]]></guid><description><![CDATA[A memo to impose dumping duties on yarn imports has been drafted by a big textile mill. This memo would be handed over to Minister of Trade and Industry Samir al-Sayyad.Yarn imported from countries like India, Syria and Pakistan costs much less than .....]]></description><pubDate>April 29,2011</pubDate></item><item><title><![CDATA[Duty Relaxation To Harm Jharkhand Silk Sector - CM [April 29,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/890/Duty_Relaxation_To_Harm_Jharkhand_Silk_Sector_-_CM/index.html]]></guid><description><![CDATA[The Union government in the recent general budget has announced a reduction in excise and custom duty on silk imports to five percent from 35 percent.However, stimulated by the significant rise in local silk production figures for last five years, Jh.....]]></description><pubDate>April 29,2011</pubDate></item><item><title><![CDATA[India, Pak May Drop Import Tariffs [April 29,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/891/India_Pak_May_Drop_Import_Tariffs/index.html]]></guid><description><![CDATA[India and Pakistan on Thursday decided to examine the feasibility of trading in electricity, petroleum products, Bt cotton seeds, and reduce non-tariff barriers that are blocking trade between the South-Asian countries. Pakistan has also recognised t.....]]></description><pubDate>April 29,2011</pubDate></item><item><title><![CDATA[Vidarbha Cotton Farmers Flay Union Govt.�s Decision Not Allow Cotton Export [April 29,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/892/Vidarbha_Cotton_Farmers_Flay_Union_Govt�s_Decision_Not_Allow_Cotton_Export/index.html]]></guid><description><![CDATA[The recent announcement of Union Minister of Commerce and Industry Anand Sharma that there is no immediate proposal to allow raise cotton bales exports quota which has shattered the hopes of dying vidarbha getting a good price for their produce remai.....]]></description><pubDate>April 29,2011</pubDate></item><item><title><![CDATA[Turmeric Ends Down More Than Rs 100 On Profit Taking [April 28,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/883/Turmeric_Ends_Down_More_Than_Rs_100_On_Profit_Taking/index.html]]></guid><description><![CDATA[Turmeric futures on NCDEX plunged sharply on profit selling of the previous gains. Vanishing export demand at higher levels added some bearish sentiments in the market.As per the latest release from the Spices Board of India, Exports of turmeric was .....]]></description><pubDate>April 28,2011</pubDate></item><item><title><![CDATA[India Ready To Remove Non-Tariff Barriers [April 28,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/884/India_Ready_To_Remove_Non-Tariff_Barriers/index.html]]></guid><description><![CDATA[Commerce Secretary Zafar Mahmood and his Indian counterpart Rahul Khullar led the talks in Islamabad, opening a two-day session aimed at boosting business between the two countries.The two sides agreed to revive all those committees/working groups co.....]]></description><pubDate>April 28,2011</pubDate></item><item><title><![CDATA[Rupee Up 16 Paise Against U.S. Dollar In Early Trade [April 28,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/885/Rupee_Up_16_Paise_Against_US_Dollar_In_Early_Trade/index.html]]></guid><description><![CDATA[The Indian rupee was trading 16 paise higher at Rs. 44.27 per dollar on the Interbank Foreign Exchange in morning on Thursday, supported by a higher opening in the stock market and dollar weakness against other currencies overseas.The domestic curren.....]]></description><pubDate>April 28,2011</pubDate></item><item><title><![CDATA[Tea To Explore New Markets [April 28,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/886/Tea_To_Explore_New_Markets/index.html]]></guid><description><![CDATA[Tea producers want to leverage the Abu Dhabi festival this weekend to boost exports to countries such as Pakistan, Iran, Iraq, Saudi Arabia and Egypt. The industry needs to expand overseas to counter the decline in exports, which fell 12 per cent in .....]]></description><pubDate>April 28,2011</pubDate></item><item><title><![CDATA[Bearish Trend To Resume In Castor seed Futures [April 28,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/887/Bearish_Trend_To_Resume_In_Castor_seed_Futures/index.html]]></guid><description><![CDATA[Bearish trend is likely to persist in castor seed futures in the wake of weak export demand of castor oil cake along with strong production in the current year.As per latest release from Solvent Extractors' Association of India (SEA), India's total e.....]]></description><pubDate>April 28,2011</pubDate></item><item><title><![CDATA[MAT To Affect 1L cr SEZ Proposals [April 27,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/878/MAT_To_Affect_1L_cr_SEZ_Proposals/index.html]]></guid><description><![CDATA[The Government of India's (GoI) decision to impose a minimum alternative tax (MAT) of 18.5 per cent on income of units operating within special economic zones (SEZs) is all set to adversely affect Gujarat's 50-odd SEZ proposals at various stages of i.....]]></description><pubDate>April 27,2011</pubDate></item><item><title><![CDATA[China May Buy More Sugar as Production Drops For a Third Year [April 27,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/879/China_May_Buy_More_Sugar_as_Production_Drops_For_a_Third_Year/index.html]]></guid><description><![CDATA[China, the world's biggest sugar consumer after India, may seek additional imports after buying a "substantial" quantity to cool local prices as output drops for a third year, a government official said.While the country has sufficient stockpiles aft.....]]></description><pubDate>April 27,2011</pubDate></item><item><title><![CDATA[India 2010-11 Basmati Exports Rebound Despite First Half Fall [April 27,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/880/India_2010-11_Basmati_Exports_Rebound_Despite_First_Half_Fall/index.html]]></guid><description><![CDATA[India's basmati rice exports likely rose by up to 15% in the fiscal year which ended March 31 after recovering from a fall in the initial six months, the head of the state-run farm exports body said. India, the world's largest basmati supplier, expor.....]]></description><pubDate>April 27,2011</pubDate></item><item><title><![CDATA[Duty Cuts On 4,500 Products To Boost Intra-Regional Trade [April 27,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/881/Duty_Cuts_On_4500_Products_To_Boost_Intra-Regional_Trade/index.html]]></guid><description><![CDATA[The government has moved to cut customs duties on nearly 4,500 products of the South Asian nations in line with a free trade agreement signed seven years ago.The National Board of Revenue (NBR) will soon issue Statutory Regulatory Order (SRO) making .....]]></description><pubDate>April 27,2011</pubDate></item><item><title><![CDATA[Jharkhand CM Appeals to Centre To Review Decision On Custom/Excise Duty On Tsar Silk [April 27,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/882/Jharkhand_CM_Appeals_to_Centre_To_Review_Decision_On_Custom/Excise_Duty_On_Tsar_Silk/index.html]]></guid><description><![CDATA[Jharkhand chief minister Arjun Munda today appealed to the Centre to review its decision of cutting down custom and excise duty from 35% to 5% on tsar silk import in the 2011-12 union budget."The massive reduction in the duty on tsar silk import will.....]]></description><pubDate>April 27,2011</pubDate></item><item><title><![CDATA[Branded Jewellery Makers Want Rollback of 1% Excise Duty [April 26,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/872/Branded_Jewellery_Makers_Want_Rollback_of_1%_Excise_Duty/index.html]]></guid><description><![CDATA[Confusion reigns on the Rs 200,000-crore domestic jewellery industry over the reintroduction of one per cent excise duty on branded jewelry.Industry bodies have demanded a roll back on the same saying the new duty will burden the industry enormously .....]]></description><pubDate>April 26,2011</pubDate></item><item><title><![CDATA[Rupee Down 12 Paise Against U.S. Dollar In Early Trade [April 26,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/873/Rupee_Down_12_Paise_Against_US_Dollar_In_Early_Trade/index.html]]></guid><description><![CDATA[The Indian rupee depreciated by 12 paise to Rs 44.60 against the US dollar in early trade on the Interbank Foreign Exchange today, largely in line with weakness in other Asian currencies overseas amid a lower opening in the stock market.The rupee fel.....]]></description><pubDate>April 26,2011</pubDate></item><item><title><![CDATA[Chinese Slowdown Could Adversely Impact Indian Exporters: Fitch [April 26,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/874/Chinese_Slowdown_Could_Adversely_Impact_Indian_Exporters_Fitch/index.html]]></guid><description><![CDATA[A Chinese economic slowdown could adversely impact Indian exporters , as global markets could see a flooding of low-cost goods from China, according to credit ratings agency Fitch.Slowing economic activities in China would result in excess capacities.....]]></description><pubDate>April 26,2011</pubDate></item><item><title><![CDATA[Guar seed Gains On Weak Arrivals [April 26,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/875/Guar_seed_Gains_On_Weak_Arrivals/index.html]]></guid><description><![CDATA[Guar seed spot as well as futures improved 0.29% and 3.88% w-w on account of lower arrivals and better offtakes. Export demand for guar and its products led prices to recover and settle higher on Saturday.IMD on Tuesday, 19th April 2011 released its .....]]></description><pubDate>April 26,2011</pubDate></item><item><title><![CDATA[MMTC to hike gold imports by 8 pct in FY12 imports  [April 26,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/876/MMTC_to_hike_gold_imports_by_8_pct_in_FY12_imports_/index.html]]></guid><description><![CDATA[MMTC is likely to hike shipments of gold in the year to March 2012 by 8 percent to 265 tonnes as wealthy consumers chase the yellow metal anticipating further price rises, potentially helping world prices, its official told Reuters."Consumers are not.....]]></description><pubDate>April 26,2011</pubDate></item><item><title><![CDATA[India Can Take Advantage Of Policy Shift In China [April 26,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/877/India_Can_Take_Advantage_Of_Policy_Shift_In_China/index.html]]></guid><description><![CDATA[Union Commerce and Industry Minister Anand Sharma on Monday said that India could well benefit from the policy shift in China from export oriented to domestic consumer-driven economy by increasing exports and help bridge the trade deficit.Expressing .....]]></description><pubDate>April 26,2011</pubDate></item><item><title><![CDATA[ India's Sugar Production Up By 24% So Far [April 23,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/867/_India's_Sugar_Production_Up_By_24%_So_Far/index.html]]></guid><description><![CDATA[The country's sugar production has increased by 24% to 21.8 million tonnes till February 15 of the 2010-11 sugar season, industry body ISMA said.Sugar output was 17.58 million tonnes in the same period last season. The sugar season runs from October .....]]></description><pubDate>April 23,2011</pubDate></item><item><title><![CDATA[India To Grow At 7.8% This Fiscal: Goldman Sachs [April 23,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/868/India_To_Grow_At_78%_This_Fiscal_Goldman_Sachs/index.html]]></guid><description><![CDATA[Global investment banking giant Goldman Sachs has slashed India's growth forecast for this fiscal to 7.8% on account of rise in interest rates and an uprising inflation, forecast at 7.5% during the period. The estimate is way below the government's f.....]]></description><pubDate>April 23,2011</pubDate></item><item><title><![CDATA[Jeera Prices Plunge On Higher Arrivals [April 23,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/869/Jeera_Prices_Plunge_On_Higher_Arrivals/index.html]]></guid><description><![CDATA[Jeera(cumin seed) seems to be on a slippery ground with prices plunging amid heavy arrivals and dismal export demand. The prices are ruling in the range of Rs 12,500 to Rs 14,000 per quintal at the spot market in Unjha after hitting a peak of Rs 18,0.....]]></description><pubDate>April 23,2011</pubDate></item><item><title><![CDATA[IPR Key For Indian Manufacturing Sector: Expert [April 23,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/870/IPR_Key_For_Indian_Manufacturing_Sector_Expert/index.html]]></guid><description><![CDATA[India is a big market for telecom products and services but most of them are imported and there is a royalty payment for every new line activated, an expert said Thursday, stressing the need for the country to advance in the intellectual property rig.....]]></description><pubDate>April 23,2011</pubDate></item><item><title><![CDATA[Export Promotion Department Chief Still Upbeat On Export Growth [April 23,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/871/Export_Promotion_Department_Chief_Still_Upbeat_On_Export_Growth/index.html]]></guid><description><![CDATA[Thailand&rsquo;s exports will be able to grow 12 per cent as targeted for this year, boosted by continued impressive growth in the first quarter, according to the Export Promotion Department.Speaking after opening a seminar on &ldquo;Incoterms 2010,&.....]]></description><pubDate>April 23,2011</pubDate></item><item><title><![CDATA[India - Ban On Cotton Export Demanded [April 22,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/862/India_-_Ban_On_Cotton_Export_Demanded/index.html]]></guid><description><![CDATA[Banarasi Vastra Udyog Sangh (BVUS) has demanded a ban on the export of cotton to bring down prices and save the textile industry.Convener, Yarn Development Committee of BVUS, GK Kediya said during 2010, the cotton price increased from Rs 23,000 per b.....]]></description><pubDate>April 22,2011</pubDate></item><item><title><![CDATA[Marine Products Export Cross USD 2.5 Billion Mark [April 22,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/863/Marine_Products_Export_Cross_USD_25_Billion_Mark/index.html]]></guid><description><![CDATA[Export of marine products from the country touched USD 2.67 billion mark during the fiscal 2010-11 by registering a growth of 10.96 per cent in quantity, over the year-ago period.This is 20.42 per cent in rupee value and 25.55 per cent in USD realisa.....]]></description><pubDate>April 22,2011</pubDate></item><item><title><![CDATA[South Africa Good Market For Indian Hand Embroidery, Kids Wear: Designer [April 22,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/864/South_Africa_Good_Market_For_Indian_Hand_Embroidery_Kids_Wear_Designer/index.html]]></guid><description><![CDATA[South Africa can be a good market for Indian garment manufacturers, says designer J.J. Schoeman who feels hand embroidery and designer children's wear can spell big profits for them."The South African market can pose a very good opportunity for India.....]]></description><pubDate>April 22,2011</pubDate></item><item><title><![CDATA[Indian Office Market Expected To Grow Over Corporate Expansion Plans [April 22,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/865/Indian_Office_Market_Expected_To_Grow_Over_Corporate_Expansion_Plans/index.html]]></guid><description><![CDATA[The current uptrend in the economy has finally started reflecting on the demand for commercial real estate in the country. In turn, the increase in demand for office space will also soon start reflecting in the sale of residential real estate too. Ac.....]]></description><pubDate>April 22,2011</pubDate></item><item><title><![CDATA[India: Poor UP Crop Lifts Potato Prices [April 22,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/866/India_Poor_UP_Crop_Lifts_Potato_Prices/index.html]]></guid><description><![CDATA[A poor crop in Uttar Pradesh has begun to drive potato prices up. Besides, arrivals are almost over in key-growing States such as West Bengal and Madhya Pradesh.On Wednesday, the modal price or rates at which most trades took place increased to Rs 35.....]]></description><pubDate>April 22,2011</pubDate></item><item><title><![CDATA[Agri Growth May Cross 4% This Yr: Pawar [April 21,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/857/Agri_Growth_May_Cross_4%_This_Yr_Pawar/index.html]]></guid><description><![CDATA[India's farm growth may cross 4% in 2011-12 on the back of monsoon rains, which are expected to be normal this year as per the Met Department. "Our efforts will be to maintain 4% agriculture growth this year and beyond that if monsoon cooperates," Ag.....]]></description><pubDate>April 21,2011</pubDate></item><item><title><![CDATA[Centre Hints At Policy On FDI In Multi-Brand Retail [April 21,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/858/Centre_Hints_At_Policy_On_FDI_In_Multi-Brand_Retail/index.html]]></guid><description><![CDATA[Hinting at opening up of the multi-brand retail sector to foreign direct investment (FDI), the government on Wednesday said it was committed to come out with a policy on this issue but foreign investment must be linked with the development of back-en.....]]></description><pubDate>April 21,2011</pubDate></item><item><title><![CDATA[India-Ireland Trade Expected To Grow 10 % By 2015: Ireland Minister [April 21,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/859/India-Ireland_Trade_Expected_To_Grow_10_%_By_2015_Ireland_Minister/index.html]]></guid><description><![CDATA[With the signing of the EU- India free trade agreement (FTA), bilateral trade between India and Ireland is expected to grow 10 per cent by 2015, a senior Ireland Minister said."There is a huge growth potential for Irish exports to India. We feel that.....]]></description><pubDate>April 21,2011</pubDate></item><item><title><![CDATA[Rupee Up 3 Paise Against US Dollar [April 21,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/860/Rupee_Up_3_Paise_Against_US_Dollar/index.html]]></guid><description><![CDATA[Rupee was trading 3 paise higher at Rs 44.29 per dollar at the Interbank Foreign Exchange in the morning today, supported by a higher opening in the stock market and dollar's weakness against other currencies.It had appreciated by 16 paise to close a.....]]></description><pubDate>April 21,2011</pubDate></item><item><title><![CDATA[India Sees Decline In Tea Shipments In February [April 21,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/861/India_Sees_Decline_In_Tea_Shipments_In_February/index.html]]></guid><description><![CDATA[INDIA'S total tea exports this February fell almost 11% to 11.93m kg from 13.35m kg in the same month of 2010, with an advance in shipments from south India being offset by a sharp decline in sales from the north of the country.The slump in overall s.....]]></description><pubDate>April 21,2011</pubDate></item><item><title><![CDATA[Gems, Jewellery Exports Up By 42% In FY 11 [April 20,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/852/Gems_Jewellery_Exports_Up_By_42%_In_FY_11/index.html]]></guid><description><![CDATA[Gems and jewellery exports surged by 42 per cent to Rs 1,96,470 crore in FY 11 over the previous financial year following sharp rise in demand from countries like the US, Gems and Jewellery Export Promotion Council (GJEPC) said.The total gems and jew.....]]></description><pubDate>April 20,2011</pubDate></item><item><title><![CDATA[India, Turkey To Discuss FTA To Boost Bilateral Trade [April 20,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/853/India_Turkey_To_Discuss_FTA_To_Boost_Bilateral_Trade/index.html]]></guid><description><![CDATA[Turkey today said it will discuss opening up of their markets with India under a free trade agreement (FTA)."We will be discussing issues relating to non-tariff and tariff barriers under FTA with Indian authorities," Turkish Trade Minister Zafer Cagl.....]]></description><pubDate>April 20,2011</pubDate></item><item><title><![CDATA[Sugar, Wheat Export Bans May Ease as India Predicts Normal Rain [April 20,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/854/Sugar_Wheat_Export_Bans_May_Ease_as_India_Predicts_Normal_Rain/index.html]]></guid><description><![CDATA[India, the world&rsquo;s second-biggest sugar and wheat producer, may ease restrictions on exports as the nation receives normal monsoon rainfall for a second year, according to Agrocorp International Pte.Rain will be 98 percent of the 50-year averag.....]]></description><pubDate>April 20,2011</pubDate></item><item><title><![CDATA[Rupee Gains 14 Paise Against US Dollar In Early Trade [April 20,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/855/Rupee_Gains_14_Paise_Against_US_Dollar_In_Early_Trade/index.html]]></guid><description><![CDATA[The Indian rupee strengthened by 14 paise to Rs 44.34 per dollar at the Interbank Foreign Exchange today, supported by a higher opening in the stock market and dollar's weakness against major currencies.The rupee had depreciated by 3 paise to close a.....]]></description><pubDate>April 20,2011</pubDate></item><item><title><![CDATA[FDI Dips About 25% In First 11 Months Of 2010-11 [April 20,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/856/FDI_Dips_About_25%_In_First_11_Months_Of_2010-11/index.html]]></guid><description><![CDATA[India's Foreign Direct Investment (FDI) during April-February 2010-11 may have declined by 25.6 per cent to USD 18.3 billion, but the government is hopeful that some of the big ticket deals like that of BP- Reliance would reverse the trend.During Apr.....]]></description><pubDate>April 20,2011</pubDate></item><item><title><![CDATA[India - MIDC Scraps Plan To Set Up Textile SEZ in Solapur [April 19,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/847/India_-_MIDC_Scraps_Plan_To_Set_Up_Textile_SEZ_in_Solapur/index.html]]></guid><description><![CDATA[Maharashtra Industrial Development Corporation (MIDC) has dropped a proposal to set up a Special Economic Zone (SEZ) at Solapur, the home town of power minister Sushilkumar Shinde, owing to recession and lack of demand. Madha parliamentary constituen.....]]></description><pubDate>April 19,2011</pubDate></item><item><title><![CDATA[Govt Strikes Oil Import Deals With Kuwait [April 19,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/848/Govt_Strikes_Oil_Import_Deals_With_Kuwait/index.html]]></guid><description><![CDATA[Faced with uncertainty on crude oil imports from Iran and North Africa, India on Monday sought to step up its crude purchase from Kuwait and strike new supply agreements for crude and LNG from Indonesia and Brunei.India's consumption of petroleum pro.....]]></description><pubDate>April 19,2011</pubDate></item><item><title><![CDATA[Jeera Plummets On Steady Arrivals In Major Mandies [April 19,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/849/Jeera_Plummets_On_Steady_Arrivals_In_Major_Mandies/index.html]]></guid><description><![CDATA[Jeera futures wilted more than Rs. 300 per quintal in today's trading due to strong arrivals in major mandies coupled with weak export data in the current season.In the spot market , the total daily arrivals of around 27000-30000 bags of jeera were r.....]]></description><pubDate>April 19,2011</pubDate></item><item><title><![CDATA[Apparel Exports Facing Tough Challenges: AEPC Chairman [April 19,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/850/Apparel_Exports_Facing_Tough_Challenges_AEPC_Chairman/index.html]]></guid><description><![CDATA[The export market for apparel has been meeting tough challenges for the past three years. Earlier the recession had affected the market and last year the steep increase in the prices of synthetic and cotton yarn had hit exports hard. The export of ap.....]]></description><pubDate>April 19,2011</pubDate></item><item><title><![CDATA[Rupee Down 18 Paise Against U.S. Dollar [April 19,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/851/Rupee_Down_18_Paise_Against_US_Dollar/index.html]]></guid><description><![CDATA[The Indian rupee lost by 18 paise to Rs. 44.63 per US dollar in early trade at the Interbank Foreign Exchange today, weighed down by dollar&rsquo;s gains against the euro and other currencies overseas.Forex dealers said strengthening of the dollar ag.....]]></description><pubDate>April 19,2011</pubDate></item><item><title><![CDATA[Rupee Up By 6 Paise Against US Dollar In Early Trade [April 18,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/842/Rupee_Up_By_6_Paise_Against_US_Dollar_In_Early_Trade/index.html]]></guid><description><![CDATA[Indian rupee strengthened by 6 paise to Rs. 44.27 against the U.S. dollar in early trade on the Interbank Foreign Exchange today, aided by capital inflows and a firming trend in the stock market.However, dollar&rsquo;s rise against euro and other maj.....]]></description><pubDate>April 18,2011</pubDate></item><item><title><![CDATA[Shipping Firms Positive On Lifting Of Iron Ore Export Ban [April 18,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/843/Shipping_Firms_Positive_On_Lifting_Of_Iron_Ore_Export_Ban/index.html]]></guid><description><![CDATA[BS reported that Indian shipping companies are looking to seize opportunities thrown up by the Supreme Court&rsquo;s decision to revoke a ban on iron ore exports from Karnataka starting April 20.Mr Anil Devli CEO of the Indian National Shipowners&rsq.....]]></description><pubDate>April 18,2011</pubDate></item><item><title><![CDATA[India�s chemical exports will double in 18 months [April 18,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/844/India�s_chemical_exports_will_double_in_18_months/index.html]]></guid><description><![CDATA[While the chemical industry has been known for its cost competitiveness and  high quality, it has been a laggard in the export market, which is dominated by  European and Chinese players.  Out of the $108 billion chemicals export market, India&rsquo;.....]]></description><pubDate>April 18,2011</pubDate></item><item><title><![CDATA[China To Import Sugar Aggressively On Weak Brazil Prices- ANZ [April 18,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/845/China_To_Import_Sugar_Aggressively_On_Weak_Brazil_Prices-_ANZ/index.html]]></guid><description><![CDATA[China is likely to buy sugar aggressively over the next half a year and could import up to 1.8 million tonnes in three to four months, to capitalise on weak prices especially from Brazil, said a report by Australia and New Zealand Banking Group Ltd.".....]]></description><pubDate>April 18,2011</pubDate></item><item><title><![CDATA[Domestic Wine Industry Grows 300% [April 18,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/846/Domestic_Wine_Industry_Grows_300%/index.html]]></guid><description><![CDATA[India's domestic wine industry expanded nearly 300 per cent in the last decade to an estimated 13.5 million litres annually, according to a report by the US Department of Agriculture.According to the report, India has an estimated 60 functional winer.....]]></description><pubDate>April 18,2011</pubDate></item><item><title><![CDATA[DGFT Lists Stringent Norms For Cotton Yarn Export Registration [April 16,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/837/DGFT_Lists_Stringent_Norms_For_Cotton_Yarn_Export_Registration/index.html]]></guid><description><![CDATA[To ensure genuine export of cotton yarn, the Directorate General of Foreign Trade (DGFT) has come out with penal measures for breach of rules on registration of contracts for the new financial year.Export shall be completed within 30 days from the da.....]]></description><pubDate>April 16,2011</pubDate></item><item><title><![CDATA[Leather Exports Up 10 Per Cent In December [April 16,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/838/Leather_Exports_Up_10_Per_Cent_In_December/index.html]]></guid><description><![CDATA[India's leather exports grew by10.4 per cent to USD 352 million in December 2010, on ayear-on-year basis, thanks to the rising demand from the USand European markets.In December 2009, leather exports stood at USD 319million, according to the data pro.....]]></description><pubDate>April 16,2011</pubDate></item><item><title><![CDATA[Indian Drug Exporters Face Mandatory Inspections [April 16,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/839/Indian_Drug_Exporters_Face_Mandatory_Inspections/index.html]]></guid><description><![CDATA[Indian pharmaceutical manufacturers will have to undergo more stringent vetting procedures before receiving export licenses, according to Dr. Surinder Singh, Drug Controller General of India (DGCI), according to an article on ExpressIndia.com.Central.....]]></description><pubDate>April 16,2011</pubDate></item><item><title><![CDATA[India's Forex Reserves Increase USD 2.71-bn To USD 308.2-bn [April 16,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/840/India's_Forex_Reserves_Increase_USD_271-bn_To_USD_3082-bn/index.html]]></guid><description><![CDATA[India's foreign exchange reserves rose by USD 2.71-billion to USD 308.2-billion on the back of an increase in foreign currency assets.The reserves had stood at USD 305.5-billion the week before.Foreign currency assets, the biggest component of the fo.....]]></description><pubDate>April 16,2011</pubDate></item><item><title><![CDATA[Turmeric Slumps More Than 3% On Weak Export Demand [April 16,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/841/Turmeric_Slumps_More_Than_3%_On_Weak_Export_Demand/index.html]]></guid><description><![CDATA[Turmeric futures shrugged off by more than Rs. 400 quintal in today's trading triggered by steady arrivals in spot market along with waning export demand. The NCDEX May futures wilted almost Rs. 900 per quintal in the last five trading days.As per ma.....]]></description><pubDate>April 16,2011</pubDate></item><item><title><![CDATA[Finance Minister To Take Up 46 FDI Proposals Next Week [April 15,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/831/Finance_Minister_To_Take_Up_46_FDI_Proposals_Next_Week/index.html]]></guid><description><![CDATA[The Indian government will take up 46 foreign investment proposals including that of Dhanalakshmi Bank and Honda Motors India next week.The Foreign Investment Promotion Board meeting to be chaired by the Department of Economic Affairs Secretary, Mr R.....]]></description><pubDate>April 15,2011</pubDate></item><item><title><![CDATA[China March Trade Deficit With BRICS Increases 50.5% [April 15,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/832/China_March_Trade_Deficit_With_BRICS_Increases_505%/index.html]]></guid><description><![CDATA[The Indian government will take up 46 foreign investment proposals including that of Dhanalakshmi Bank and Honda Motors India next week.The Foreign Investment Promotion Board meeting to be chaired by the Department of Economic Affairs Secretary, Mr R.....]]></description><pubDate>April 15,2011</pubDate></item><item><title><![CDATA[China March Trade Deficit With BRICS Increases 50.5% [April 15,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/833/China_March_Trade_Deficit_With_BRICS_Increases_505%/index.html]]></guid><description><![CDATA[China&rsquo;s trade deficit with the other members of the BRICS grouping grew 50.5 percent in March from a year earlier to $2 billion, the customs bureau said in a statement on its website today.Total exports from China to Brazil, India, Russia and S.....]]></description><pubDate>April 15,2011</pubDate></item><item><title><![CDATA[Rupee Slightly Down Due To Weak Shares [April 15,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/834/Rupee_Slightly_Down_Due_To_Weak_Shares/index.html]]></guid><description><![CDATA[The Indian rupee was slightly down in early trades on Friday on the back of negative local shares and mild gains in the dollar in Asia trades.At 9:30 a.m., the partially convertible rupee was at 44.5525/5575 per dollar, marginally weaker than Wednesd.....]]></description><pubDate>April 15,2011</pubDate></item><item><title><![CDATA[Kobelco Unveils Manufacturing Facility Near Chennai [April 15,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/835/Kobelco_Unveils_Manufacturing_Facility_Near_Chennai/index.html]]></guid><description><![CDATA[Japanese construction equipment manufacturer Kobelco Construction Machinery today inaugurated its ninth global facility at Sri City Special Economic Zone, about 90 kms from here.Kobelco Construction Equipment India (KCEI) is a joint venture between K.....]]></description><pubDate>April 15,2011</pubDate></item><item><title><![CDATA[India Ready To Absorb FDI: PM [April 15,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/836/India_Ready_To_Absorb_FDI_PM/index.html]]></guid><description><![CDATA[India is eager to absorb foreign direct investment, Prime Minister Manmohan Singh said on Thursday in a statement at the BRICS summit.Singh also said the Indian economy is well positioned to achieve annual long-term growth of 9% or more. The Prime Mi.....]]></description><pubDate>April 15,2011</pubDate></item><item><title><![CDATA[Carpets Export Up 24 Per Cent In 2010-11 [April 14,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/824/Carpets_Export_Up_24_Per_Cent_In_2010-11/index.html]]></guid><description><![CDATA[India's carpets export jumped 24 per cent to USD 653 million in 2010-11 year-on-year, thanks to the increasing demand from new markets like Middle East and Latin America. In 2009-10, the export stood at USD 525 million. "We had a good number of order.....]]></description><pubDate>April 14,2011</pubDate></item><item><title><![CDATA[FDI Inflows Fall 22% In Jan-Feb [April 14,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/825/FDI_Inflows_Fall_22%_In_Jan-Feb/index.html]]></guid><description><![CDATA[India's foreign direct inflows fell 22.2% during April-February though recent corporate announcements indicate that the declining trend may be checked in the current financial year. According to the latest data released by RBI, FDI inflows during 11 .....]]></description><pubDate>April 14,2011</pubDate></item><item><title><![CDATA[India May Move WTO Against US Countervailing Duty On Steel [April 14,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/826/India_May_Move_WTO_Against_US_Countervailing_Duty_On_Steel/index.html]]></guid><description><![CDATA[Govt to appeal amid fear that the US and EU may extend it to other products.Exporters of steel and, in turn, the Union ministry of commerce are getting worried at the increased resort by the US of countervailing duty (CVD) to bring down imports from .....]]></description><pubDate>April 14,2011</pubDate></item><item><title><![CDATA[Higher Duty Forces Luxury Cars To Localise [April 14,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/827/Higher_Duty_Forces_Luxury_Cars_To_Localise/index.html]]></guid><description><![CDATA[Premium car makers which do not produce models locally but assemble these here are busy exploring ways to avoid a price rise in the wake of the government&rsquo;s new duty structure.Daimler AG, which makes luxury cars under the Mercedes-Benz brand, B.....]]></description><pubDate>April 14,2011</pubDate></item><item><title><![CDATA['Govt Not To Roll Back Garment Excise Duty' [April 14,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/828/'Govt_Not_To_Roll_Back_Garment_Excise_Duty'/index.html]]></guid><description><![CDATA[Despite demands from trade bodies, the government will not roll back excise duty on hosiery and readymade garments, said Sunil Mitra, revenue secretary, Union finance ministry.&ldquo;The goods and services tax (GST) is going to come sooner or later. .....]]></description><pubDate>April 14,2011</pubDate></item><item><title><![CDATA['Govt Not To Roll Back Garment Excise Duty' [April 14,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/829/'Govt_Not_To_Roll_Back_Garment_Excise_Duty'/index.html]]></guid><description><![CDATA[Despite demands from trade bodies, the government will not roll back excise duty on hosiery and readymade garments, said Sunil Mitra, revenue secretary, Union finance ministry.&ldquo;The goods and services tax (GST) is going to come sooner or later. .....]]></description><pubDate>April 14,2011</pubDate></item><item><title><![CDATA[Govt Not To Roll Back Garment Excise Duty [April 14,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/830/Govt_Not_To_Roll_Back_Garment_Excise_Duty/index.html]]></guid><description><![CDATA[Despite demands from trade bodies, the government will not roll back excise duty on hosiery and readymade garments, said Sunil Mitra, revenue secretary, Union finance ministry.&ldquo;The goods and services tax (GST) is going to come sooner or later. .....]]></description><pubDate>April 14,2011</pubDate></item><item><title><![CDATA[PEC Invites Bids For Import Of 22,554 Tonnes Of Palmolien [April 13,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/819/PEC_Invites_Bids_For_Import_Of_22554_Tonnes_Of_Palmolien/index.html]]></guid><description><![CDATA[State owned trading firm PEC has invited bids for the import of 22,554 tonnes of RBD palmolien for sale in the domestic market.The bid will close on April 18 and a decision on awarding the contract will be taken on the same day, the company said on i.....]]></description><pubDate>April 13,2011</pubDate></item><item><title><![CDATA[India's Food Ministry Proposes To Cut Import Duty To 15% [April 13,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/820/India's_Food_Ministry_Proposes_To_Cut_Import_Duty_To_15%/index.html]]></guid><description><![CDATA[The Food and Consumer Affairs Ministry has proposed to cut the country's import duty on sugar from 60% to 15% in the view of still high food inflation. The country had completely removed its import duty on sugar in early 2009 following a sharp drop i.....]]></description><pubDate>April 13,2011</pubDate></item><item><title><![CDATA[PharmaSecure In Talks To Offer Anti-Counterfeit Solutions [April 13,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/821/PharmaSecure_In_Talks_To_Offer_Anti-Counterfeit_Solutions/index.html]]></guid><description><![CDATA[PharmaSecure PAS India Ltd is in talks with several leading pharma companies to offer its anti-counterfeit solutions of tracking and tracing medicines ahead of the government deadline of July 1.In a bid to protect the 'Made in India' brand in the pha.....]]></description><pubDate>April 13,2011</pubDate></item><item><title><![CDATA[BRICS Grapple With China Dominance In South-South Trade [April 13,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/822/BRICS_Grapple_With_China_Dominance_In_South-South_Trade/index.html]]></guid><description><![CDATA[Cheap Chinese exports have decimated Brazil's shoe industry and South Africa's textile sector. India has slapped anti-dumping duties on an array of Chinese goods. Russia is sparring with Beijing over the price of oil it sells to China.If trade is the.....]]></description><pubDate>April 13,2011</pubDate></item><item><title><![CDATA[Vietnam Hopes To Attract More FDI With Vietnam-EU FTA [April 13,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/823/Vietnam_Hopes_To_Attract_More_FDI_With_Vietnam-EU_FTA/index.html]]></guid><description><![CDATA[The scenario has also been confirmed by Vietnam&rsquo;s foreign partners, especially the EU.Massimiliano Guelfo, Chair of the Italian Chamber of Commerce and Industry (ICham), spoke at the workshop on April 7 about the opportunities and challenges th.....]]></description><pubDate>April 13,2011</pubDate></item><item><title><![CDATA[Israeli Diamond Exports Boom [April 12,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/814/Israeli_Diamond_Exports_Boom/index.html]]></guid><description><![CDATA[The Israeli Diamond Industry's impressive recovery continues in the first quarter of 2011, according to figures published by the Israel Ministry of Industry, Trade and Labor's Diamond Controller Shmuel Mordechai. The figures show double-digit growth .....]]></description><pubDate>April 12,2011</pubDate></item><item><title><![CDATA[Australia Should Retain FDI National Interest Rules-Official [April 12,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/815/Australia_Should_Retain_FDI_National_Interest_Rules-Official/index.html]]></guid><description><![CDATA[Australia should retain the right to use national interest in its assessment of foreign purchases of agricultural land after the issue was used last week as a reason for lawmakers to scupper a 8.4 billion Australian dollar (US$8.78 billion) deal that.....]]></description><pubDate>April 12,2011</pubDate></item><item><title><![CDATA[India Monsoon And Impact On Economy [April 12,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/816/India_Monsoon_And_Impact_On_Economy/index.html]]></guid><description><![CDATA[India's June-September monsoon rains are a key factor for global commodities  markets as they influence output of various crops in India, which is among the  world's leading producers and consumers of wheat, rice, sugar and edible oils.  Farming cons.....]]></description><pubDate>April 12,2011</pubDate></item><item><title><![CDATA[India-EU Free Trade Agreement Carries Severe Public Health Consequences [April 12,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/817/India-EU_Free_Trade_Agreement_Carries_Severe_Public_Health_Consequences/index.html]]></guid><description><![CDATA[After four years of talks, India and the European Union are narrowing down their differences on a bilateral Free Trade Agreement that will lower tariff barriers, liberalize rules on investments and provide more opportunities for services. But critics.....]]></description><pubDate>April 12,2011</pubDate></item><item><title><![CDATA[Sugar Tumbles On Ample Supply [April 12,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/818/Sugar_Tumbles_On_Ample_Supply/index.html]]></guid><description><![CDATA[Sugar futures extended losses of the previous wee4k and ended 2.90&deg;o lower ww. Spot prices however settled 1.97% higher on account of slight recovery in the demand from the local stockists.The Ministry or Food &amp; Public Distribution has decide.....]]></description><pubDate>April 12,2011</pubDate></item><item><title><![CDATA[Pharma Exports From Gujarat Up 12% in FY11 [April 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/809/Pharma_Exports_From_Gujarat_Up_12%_in_FY11/index.html]]></guid><description><![CDATA[State contributed 28% of national exports.Pharmaceutical exports from Gujarat has clocked a 12 per cent growth during the 2010-11 fiscal touching around Rs 11,000 crore, according to estimates from the Indian Drug Manufacturers' Association (IDMA)."G.....]]></description><pubDate>April 11,2011</pubDate></item><item><title><![CDATA[Feb Industrial Output Growth Seen At 5.2 pc [April 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/810/Feb_Industrial_Output_Growth_Seen_At_52_pc/index.html]]></guid><description><![CDATA[India's industrial output probably rose 5.2 percent in February from a year earlier, picking up pace from the previous month on higher exports, the median forecast in a Reuters poll showed.Forecasts from 27 economists ranged from 3.5 to 7.2 percent, .....]]></description><pubDate>April 11,2011</pubDate></item><item><title><![CDATA[Auto Exports Surged 30% in FY10-11 [April 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/811/Auto_Exports_Surged_30%_in_FY10-11/index.html]]></guid><description><![CDATA[The Indian auto industry has witnessed a massive 29.64 per cent increase in exports in year 2010-11. The major contributors to the high exports growth from the country were two-wheelers and commercial vehicles. The industry saw a sluggish demand from.....]]></description><pubDate>April 11,2011</pubDate></item><item><title><![CDATA[No More Drug Export License Without Verification [April 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/812/No_More_Drug_Export_License_Without_Verification/index.html]]></guid><description><![CDATA[Soon, drug exporters will have to undergo a more stringent procedure at the time of seeking license to export drugs from India.Dr Surinder Singh, Drug Controller General of India (DGCI), said this on Sunday while he was in the city to attend a functi.....]]></description><pubDate>April 11,2011</pubDate></item><item><title><![CDATA[India Sugar Plunges On Selling Pressure [April 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/813/India_Sugar_Plunges_On_Selling_Pressure/index.html]]></guid><description><![CDATA[The bearish trend in the sugar futures market has been extended on Saturday also on continued selling pressure backed by bearish fundamental factors.Poor buying interest from traders and bulk buyers both in spot and futures along with ample supplies .....]]></description><pubDate>April 11,2011</pubDate></item><item><title><![CDATA[India Coffee Exports Surge To 3 Lakh Tons [March 28,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/803/India_Coffee_Exports_Surge_To_3_Lakh_Tons/index.html]]></guid><description><![CDATA[Indian coffee exports have registered a surge to 3 lakh tons from the previous year&rsquo;s 1, 95,068 tons with exports of value added coffee also going up.Last year, the country earned 2,061 crore from coffee exports while in 2010-11, the exports ha.....]]></description><pubDate>March 28,2011</pubDate></item><item><title><![CDATA[India May Keep Export Curbs On Normal Monsoon [March 28,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/804/India_May_Keep_Export_Curbs_On_Normal_Monsoon/index.html]]></guid><description><![CDATA[India, the world&rsquo;s second-largest wheat, rice and sugar producer, may retain export curbs even if a normal monsoon boosts farm output because inflation remains elevated, according to Adani Wilmar Ltd.The rainfall is critical to crop production .....]]></description><pubDate>March 28,2011</pubDate></item><item><title><![CDATA[Market Retreats From Two-Month High Amid Initial Volatility [March 28,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/805/Market_Retreats_From_Two-Month_High_Amid_Initial_Volatility/index.html]]></guid><description><![CDATA[A bout of volatilty was witnessed at the onset of the trading session a the key benchmark indices pared gains after hitting 2-month highs. Global cues were mixed. The market breadth was strong. Index heavyweight Reliance Industries (RIL) rose after e.....]]></description><pubDate>March 28,2011</pubDate></item><item><title><![CDATA[New Boost To Trans-Border Trade With SE Asia [March 28,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/806/New_Boost_To_Trans-Border_Trade_With_SE_Asia/index.html]]></guid><description><![CDATA[In a landmark event and a big boost towards opening and boosting cross-border trade among India, Myanmar and Thailand, a trilateral trade conference was held the Water World, Tamu yesterday.The Thai delegates attending the conference was led by the T.....]]></description><pubDate>March 28,2011</pubDate></item><item><title><![CDATA[Guar seed gains on export demand [March 28,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/807/Guar_seed_gains_on_export_demand/index.html]]></guid><description><![CDATA[Guar seed and Guargum spot prices continued to add to the gains of the previous day and ended 3.52% and 4.71% higher w-w on account of fresh export enquires. Guar and guargum futures also settled 1.83% and 3.29% higher respectively yesterday owing to.....]]></description><pubDate>March 28,2011</pubDate></item><item><title><![CDATA[Rupee Down 10 Paise Against U.S. Dollar In Early Trade [March 28,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/808/Rupee_Down_10_Paise_Against_US_Dollar_In_Early_Trade/index.html]]></guid><description><![CDATA[The rupee depreciated by 10 paise to Rs. 44.77 per US dollar in early trade on the Interbank Foreign Exchange on Monday, snapping a six-session rally as it was weighed down by dollar gains against other Asian currencies.Forex traders said that dollar.....]]></description><pubDate>March 28,2011</pubDate></item><item><title><![CDATA[	Imports of Sensitive Items in April-Dec Up 8% [March 22,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/796/	Imports_of_Sensitive_Items_in_April-Dec_Up_8%/index.html]]></guid><description><![CDATA[India's import of sensitive items, including foodgrains and milk products, has gone up by 8.1% to Rs 52,492 crore during the April-December period of the current fiscal, from Rs 48,548 crore a year ago.Foodgrains' import soared to Rs 226.54 crore dur.....]]></description><pubDate>March 22,2011</pubDate></item><item><title><![CDATA[Latex Industry Says 70% Import Duty Is Burdensome [March 22,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/797/Latex_Industry_Says_70%_Import_Duty_Is_Burdensome/index.html]]></guid><description><![CDATA[The domestic latex industry has asked for immediate correction in inverted duty structure on natural rubber latex on the lines of natural rubber done recently.The All-India Rubber Industries Association (AIRIA) said that the latex prices continued to.....]]></description><pubDate>March 22,2011</pubDate></item><item><title><![CDATA[India May Allow 200,000 Tonnes Sugar Exports On Tuesday [March 22,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/798/India_May_Allow_200000_Tonnes_Sugar_Exports_On_Tuesday/index.html]]></guid><description><![CDATA[India is likely to allow 200,000 tonnes of sugar exports on Tuesday under unrestricted sales, less than half a million tonne permitted earlier, industry sources said, a move seen putting more pressure on global prices.India, the world's top producer .....]]></description><pubDate>March 22,2011</pubDate></item><item><title><![CDATA[India May Allow 200,000 Tonnes Sugar Exports On Tuesday [March 22,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/799/India_May_Allow_200000_Tonnes_Sugar_Exports_On_Tuesday/index.html]]></guid><description><![CDATA[India is likely to allow 200,000 tonnes of sugar exports on Tuesday under unrestricted sales, less than half a million tonne permitted earlier, industry sources said, a move seen putting more pressure on global prices.India, the world's top producer .....]]></description><pubDate>March 22,2011</pubDate></item><item><title><![CDATA[Milk Prices To Rise Despite Export Ban: Report [March 22,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/800/Milk_Prices_To_Rise_Despite_Export_Ban_Report/index.html]]></guid><description><![CDATA[Rating agency CRISIL believes that milk prices will continue to rise over the medium term on sustained demand-supply mismatch and increasing input costs.With milk products exports forming around 5% of India's total milk production, and domestic deman.....]]></description><pubDate>March 22,2011</pubDate></item><item><title><![CDATA[India Projects $450 Bln. Exports Target By 2014 [March 22,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/801/India_Projects_$450_Bln_Exports_Target_By_2014/index.html]]></guid><description><![CDATA[The Commerce Ministry, in its draft paper released early this month, has projected India's exports to double in three years to $450 billion by 2014, provided the shipments grow at a rate of 26 percent per annum.The draft paper, now put up for wider c.....]]></description><pubDate>March 22,2011</pubDate></item><item><title><![CDATA[Rupee Gains 3 Paise Against U.S. Dollar In Early Trade [March 22,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/802/Rupee_Gains_3_Paise_Against_US_Dollar_In_Early_Trade/index.html]]></guid><description><![CDATA[&nbsp;The Indian rupee strengthened by 3 paise to Rs. 44.98 per dollar at the Interbank Foreign Exchange on Tuesday, supported by a higher opening in the stock market and dollar weakness against other currencies.The rupee had appreciated by 12 paise .....]]></description><pubDate>March 22,2011</pubDate></item><item><title><![CDATA[India Fin min: ONGC Row Should Not Spoil Cairn Deal-Paper [March 21,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/791/India_Fin_min_ONGC_Row_Should_Not_Spoil_Cairn_Deal-Paper/index.html]]></guid><description><![CDATA[NEW DELHI, March 21 (Reuters) - India's finance ministry has said the government should not arm-twist Cairn Energy by linking the approval for its deal with Vedanta to disputes between the British explorer and state-run Oil and Natural Gas Corp, the .....]]></description><pubDate>March 21,2011</pubDate></item><item><title><![CDATA[Kochi Peppers Up Spice Trade [March 21,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/792/Kochi_Peppers_Up_Spice_Trade/index.html]]></guid><description><![CDATA[Kochi is to be the hub for the $3-billion global spice trade with world trade organisations coming under one umbrella, the World Spice Organisation (WSO), to be headquartered here.Those who matter in the trade like the American Spice Trade Associatio.....]]></description><pubDate>March 21,2011</pubDate></item><item><title><![CDATA[Smaller Auto Parts Units Hit By Soaring Input Costs: Report [March 21,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/793/Smaller_Auto_Parts_Units_Hit_By_Soaring_Input_Costs_Report/index.html]]></guid><description><![CDATA[A recent media report has said that rise in prices of steel and aluminium alloy by about 40-50 percent contributes to the industry&rsquo;s depleting margins.The report published in the Business Standard newspaper said that small and medium enterprise.....]]></description><pubDate>March 21,2011</pubDate></item><item><title><![CDATA[Nigeria Invites Indian Pharma Players To Set Up Base In Nigeria, India Seeks Incentives Like Tax.... [March 21,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/794/Nigeria_Invites_Indian_Pharma_Players_To_Set_Up_Base_In_Nigeria_India_Seeks_Incentives_Like_Tax/index.html]]></guid><description><![CDATA[Even as the Nigerian authorities are inviting more and more Indian pharma players to set up manufacturing facilities and hike exports to the African country, the domestic pharma leaders have asked for some sort of financial incentives like tax holida.....]]></description><pubDate>March 21,2011</pubDate></item><item><title><![CDATA[Pakistan�s Textile Sector Faces Regional Threat [March 21,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/795/Pakistan�s_Textile_Sector_Faces_Regional_Threat/index.html]]></guid><description><![CDATA[Once buoyant and prospering , Pakistani textile industry is facing regional threat from new comers like Bangladesh and Vietnam, and giants including China and India. Its malady ? Lack of fresh investment and neglect to upgrade and modernise. The key .....]]></description><pubDate>March 21,2011</pubDate></item><item><title><![CDATA[Rupee Gains 5 Paise Against US Dollar In Early Trade [March 16,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/786/Rupee_Gains_5_Paise_Against_US_Dollar_In_Early_Trade/index.html]]></guid><description><![CDATA[Mumbai, Mar 16 (PTI) The Indian Rupee strengthened by 5 paise to Rs 45.20 per dollar at the Interbank Foreign Exchange today, supported by a higher opening in the stock market and dollar's weakness against other Asian currencies.The rupee had depreci.....]]></description><pubDate>March 16,2011</pubDate></item><item><title><![CDATA[Govt Imposes Anti-Dumping Duty on Chinese Glass Ware [March 16,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/787/Govt_Imposes_Anti-Dumping_Duty_on_Chinese_Glass_Ware/index.html]]></guid><description><![CDATA[New Delhi, Mar 15 (PTI) India has imposed anti-dumping duty of up to 40.9 per cent on the import of glass fibre, used in automobiles, electrical insulation and heat resistant fabrics, from China to protect domestic players.The restrictive duty on imp.....]]></description><pubDate>March 16,2011</pubDate></item><item><title><![CDATA[Textile Buyers Set Sights On India [March 16,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/788/Textile_Buyers_Set_Sights_On_India/index.html]]></guid><description><![CDATA[KOLKATA: With the Chinese textile and apparel sector grappling with high inflation and ascending labour costs, American importers are making a beeline for India. Sales enquiries are up 15%, raising hopes of India eating into Chinese market share. Chi.....]]></description><pubDate>March 16,2011</pubDate></item><item><title><![CDATA[India Gold Edges Lower; Traders Eye Bigger Falls [March 16,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/789/India_Gold_Edges_Lower;_Traders_Eye_Bigger_Falls/index.html]]></guid><description><![CDATA[India gold edged lower on Tuesday afternoon following weak overseas leads, though a weaker rupee kept the lid on prices, with traders awaiting bigger falls to stock up for wedding season, analysts said."There have been no deals despite a USD 10 fall .....]]></description><pubDate>March 16,2011</pubDate></item><item><title><![CDATA[India Steel Exports to Japan Likely to Rise [March 16,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/790/India_Steel_Exports_to_Japan_Likely_to_Rise/index.html]]></guid><description><![CDATA[NEW DELHI &ndash; Exports of finished steel to Japan will rise in the coming months as the Asian nation rebuilds after the 9.0 magnitude earthquake, two senior Indian steel company executives said Tuesday.Economists estimate damages from the earthqua.....]]></description><pubDate>March 16,2011</pubDate></item><item><title><![CDATA[Japan May Prefer Australia to India For Iron Ore Supply [March 15,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/780/Japan_May_Prefer_Australia_to_India_For_Iron_Ore_Supply/index.html]]></guid><description><![CDATA[Japan may prefer to get the iron ore it needs for the reconstruction of its quake and tsunami-ravaged northern coast from Australia rather than India owing to the volatility of spot cargoes and low quality, analysts said on Monday.India&rsquo;s expor.....]]></description><pubDate>March 15,2011</pubDate></item><item><title><![CDATA[Indian Textile Exports Face EU Non-Trade Barriers [March 15,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/781/Indian_Textile_Exports_Face_EU_Non-Trade_Barriers/index.html]]></guid><description><![CDATA[Indian government has recently claimed that the European Union (EU) has been imposing non-trade barriers like labelling and certification on textile and garment exports from India.Minister of State for Commerce and Industry Jyotiraditya Scindia recen.....]]></description><pubDate>March 15,2011</pubDate></item><item><title><![CDATA[Foreign Investors Will Have To Commit To Money Laundering Rules [March 15,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/782/Foreign_Investors_Will_Have_To_Commit_To_Money_Laundering_Rules/index.html]]></guid><description><![CDATA[NEW DELHI: Foreign investors may have to give a commitment that they will abide by the country's stringent money laundering laws if a proposal mooted by the department of industrial policy and promotion (DIPP) is accepted.The proposal is included in .....]]></description><pubDate>March 15,2011</pubDate></item><item><title><![CDATA[MoFPI Wants Removal of 1% Excise on Food [March 15,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/783/MoFPI_Wants_Removal_of_1%_Excise_on_Food/index.html]]></guid><description><![CDATA[The food processing ministry has requested finance minister Pranab Mukherjee to withdraw the Budget proposal to impose 1% central excise duty on food commodities, saying it would lead to food inflation.In the 2011-12 Budget, Mukherjee had announced t.....]]></description><pubDate>March 15,2011</pubDate></item><item><title><![CDATA[Rupee Falls By 29 Paise Against US Dollar in Early Trade [March 15,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/784/Rupee_Falls_By_29_Paise_Against_US_Dollar_in_Early_Trade/index.html]]></guid><description><![CDATA[Mumbai, Mar 15 (PTI) The rupee depreciated by 29 paise to 45.35 per US dollar in early trade on the Interbank Foreign Exchange today, weighed down by dollar gains against other Asian currencies and a weak start in the stock market.Forex traders said .....]]></description><pubDate>March 15,2011</pubDate></item><item><title><![CDATA[Centre Not Worried About Food Inflation; Sugar Exports Have To Wait [March 15,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/785/Centre_Not_Worried_About_Food_Inflation;_Sugar_Exports_Have_To_Wait/index.html]]></guid><description><![CDATA[Expressing confidence, food minister K V Thomas said the government was not worried about food inflation, which was showing a declining trend and might come down to 7% soon. &ldquo;Food inflation now is 9.5%, which we presume may come down to 7% soon.....]]></description><pubDate>March 15,2011</pubDate></item><item><title><![CDATA[Jeera Exporters Losing Market To Syria, China [March 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/775/Jeera_Exporters_Losing_Market_To_Syria_China/index.html]]></guid><description><![CDATA[Jeera (Cumin seeds) exporters are losing market to Syria and China, as Indian jeera is being quoted at a higher price despite being low in quality. At present, Indian jeera is quoted at $3,500 (free on board) per 100 kgs, while jeera from China and S.....]]></description><pubDate>March 11,2011</pubDate></item><item><title><![CDATA[Guarseed Gains On Export Demand [March 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/776/Guarseed_Gains_On_Export_Demand/index.html]]></guid><description><![CDATA[Guar complex continued to add to the gains of the previous day on Wednesday owing to better exports from India during April to November 2010. Prices in the last few trading sessions (till 7th March 2011) were trading bearish.As per the Directorate Ge.....]]></description><pubDate>March 11,2011</pubDate></item><item><title><![CDATA[Rupee Falls By 7 Paise Against US Dollar In Trade [March 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/777/Rupee_Falls_By_7_Paise_Against_US_Dollar_In_Trade/index.html]]></guid><description><![CDATA[




Mumbai, Mar 11 (PTI) The rupee depreciated by 7 paise to 45.25 per US dollar in early trade at the Interbank Foreign Exchange today, weighed down by dollar gains against other Asian currencies and a weak start in the stock market.Forex trad.....]]></description><pubDate>March 11,2011</pubDate></item><item><title><![CDATA[India Food Prices Ease [March 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/778/India_Food_Prices_Ease/index.html]]></guid><description><![CDATA[NEW DELHI &ndash; India's food prices fell for a fifth consecutive week as vegetable prices declined, diminishing the urgency for more aggressive monetary action to tame high inflation.The wholesale price index for food articles decreased 0.6% to 178.....]]></description><pubDate>March 11,2011</pubDate></item><item><title><![CDATA[40 Indian Pharma Firms To Feature In Nigerian Exhibition [March 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/779/40_Indian_Pharma_Firms_To_Feature_In_Nigerian_Exhibition/index.html]]></guid><description><![CDATA[Abuja: More than 40 pharmaceutical firms from India are expected to participate in a two-day exhibition in Nigeria later this month.The event, scheduled on March 23 and 24, called 'Brand India' focuses on the pharma sector and will take the shape of .....]]></description><pubDate>March 11,2011</pubDate></item><item><title><![CDATA[South India Leads in SEZs [March 09,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/770/South_India_Leads_in_SEZs/index.html]]></guid><description><![CDATA[South India has emerged as leading region of India in promoting and developing special economic zones. These tax-free zones provide infrastructure and financial facilities to industries across various sectors.In four South Indian states there are 79 .....]]></description><pubDate>March 09,2011</pubDate></item><item><title><![CDATA[Rupee Ggains 8 Paise Against U.S. Dollar In Early Trade [March 09,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/771/Rupee_Ggains_8_Paise_Against_US_Dollar_In_Early_Trade/index.html]]></guid><description><![CDATA[The Indian rupee strengthened by 8 paise to Rs. 45 per dollar at the Interbank Foreign Exchange on Wednesday, supported by a higher opening in the stock market and dollar weakness against other Asian currencies.The rupee had depreciated by 4 paise to.....]]></description><pubDate>March 09,2011</pubDate></item><item><title><![CDATA[India Raises Concerns Over Anti-Dumping Duty By Brazil [March 09,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/772/India_Raises_Concerns_Over_Anti-Dumping_Duty_By_Brazil/index.html]]></guid><description><![CDATA[New Delhi, Mar 8 (PTI) Commerce Minister Anand Sharma today took up the issue of anti-dumping duty on Indian products by Brazil with visiting minister Antonio Patriota.The two countries, however, identified priority sectors such as energy, oil, touri.....]]></description><pubDate>March 09,2011</pubDate></item><item><title><![CDATA[High Rejection Rate May Hit Grape Exports [March 09,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/773/High_Rejection_Rate_May_Hit_Grape_Exports/index.html]]></guid><description><![CDATA[PUNE: On account of higher rejection rate of grape samples at the beginning of the export season, grape export this year might be affected to a large extent. Almost 30 per cent of the 1,056 grape samples taken from various farms have been rejected by.....]]></description><pubDate>March 09,2011</pubDate></item><item><title><![CDATA[FIMI Wants Roll Back Of Export Duty Hike On Iron Ore [March 09,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/774/FIMI_Wants_Roll_Back_Of_Export_Duty_Hike_On_Iron_Ore/index.html]]></guid><description><![CDATA[NEW DELHI: Hitting out at the Finance Minister for increasing export duty on iron ore, the Federation of Indian Mineral Industries has written to Pranab Mukherjee requesting a roll back to the pre-Budget level."We would be grateful if you consider sy.....]]></description><pubDate>March 09,2011</pubDate></item><item><title><![CDATA[Mandatory Excise Duty To Hit Garment Industry [March 06,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/766/Mandatory_Excise_Duty_To_Hit_Garment_Industry/index.html]]></guid><description><![CDATA[The Budget 2011 has left the garment export industry under severe shock with the announcement that the optional excise duty regime has been converted into mandatory route at a unified rate of 10% for branded garments without Cenvat credit facility. T.....]]></description><pubDate>March 06,2011</pubDate></item><item><title><![CDATA[Rupee Falls By 15 Paise Against US Dollar In Early Trade [March 06,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/767/Rupee_Falls_By_15_Paise_Against_US_Dollar_In_Early_Trade/index.html]]></guid><description><![CDATA[Mumbai, Mar 7 (PTI) The rupee depreciated by 15 paise to 45.13 per US dollar in early trade today at the Interbank Foreign Exchange, weighed down by dollar gains against other Asian currencies and a weak start on the stock market.Forex traders said t.....]]></description><pubDate>March 06,2011</pubDate></item><item><title><![CDATA[Duty Exemption To Help KIOCL Double Export Of Pellets [March 06,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/768/Duty_Exemption_To_Help_KIOCL_Double_Export_Of_Pellets/index.html]]></guid><description><![CDATA[To increase exports to 2 million tonnesClose on the heels of the Budget announcement of exemption of export duty on iron ore pellets, state-run KIOCL Limited, a 100 per cent export-oriented unit under the ministry of Steel, plans to double the level .....]]></description><pubDate>March 06,2011</pubDate></item><item><title><![CDATA[Macroeconmic Indicators - Indian Export Growth At 29Pct [March 06,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/769/Macroeconmic_Indicators_-_Indian_Export_Growth_At_29Pct/index.html]]></guid><description><![CDATA[The Economic Survey tabled in the Lok Sabha by the finance minister, Mr Pranab Mukherjee said that India&rsquo;s cumulative export growth in April to December 2010-11 stood at 29.5% with cumulative exports reaching USD 164.7 billion during this perio.....]]></description><pubDate>March 06,2011</pubDate></item><item><title><![CDATA[Rupee Gains 10 Paise Against US Dollar In Early Trade [March 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/755/Rupee_Gains_10_Paise_Against_US_Dollar_In_Early_Trade/index.html]]></guid><description><![CDATA[The Indian rupee rose by 10 paise to 44.94 per US dollar at the Interbank Foreign Exchange today, supported by a rally in the domestic stock market and dollar weakness against the euro overseas.Forex dealers said a higher opening in the stock market .....]]></description><pubDate>March 04,2011</pubDate></item><item><title><![CDATA[Auto Firms Seek Clarity on Budget Customs Duty Clause [March 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/756/Auto_Firms_Seek_Clarity_on_Budget_Customs_Duty_Clause/index.html]]></guid><description><![CDATA[Ambiguity relating to the import of auto parts in the Budget announced this week has led to confusion among auto manufacturers.While not finding mention in the finance minister's speech, the Customs Memorandum of the Budget carries a clause stating: .....]]></description><pubDate>March 04,2011</pubDate></item><item><title><![CDATA[Garment Firms Plan Protests Against Excise [March 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/757/Garment_Firms_Plan_Protests_Against_Excise/index.html]]></guid><description><![CDATA[MUMBAI: First, there was food inflation. Then, affordable housing slipped out of the reach of India's middle class. Now, it is clothing, the third in the trinity of roti, kapda aur makaan that is set to cause grief to the common man owing to the gove.....]]></description><pubDate>March 04,2011</pubDate></item><item><title><![CDATA[EU Pact May Restrict Indian Cos'' Export Of Life-Saving Drugs [March 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/758/EU_Pact_May_Restrict_Indian_Cos''_Export_Of_Life-Saving_Drugs/index.html]]></guid><description><![CDATA[Geneva, Mar 3 (PTI) Indian pharma companies will be unable to supply life-saving HIV/AIDS and TB drugs to developing countries if New Delhi agrees to the ''data exclusivity'' condition as demanded by the EU in ongoing talks for a free trade agreement.....]]></description><pubDate>March 04,2011</pubDate></item><item><title><![CDATA[India�s Frost Conditions May Boost Canadian Dry Pea Exports [March 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/759/India�s_Frost_Conditions_May_Boost_Canadian_Dry_Pea_Exports/index.html]]></guid><description><![CDATA[ALBERTA : With India pea crops suffering a &lsquo;frost-bite&rsquo;, and a subsequent fall in yields, Canadian farmers are expecting a good time, as the event can boost their exports.India&rsquo;s dry pea output for the season is expected at around 5.....]]></description><pubDate>March 04,2011</pubDate></item><item><title><![CDATA[India's Trade Body For Rollback Of Export Duty On Iron Ore [March 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/760/India's_Trade_Body_For_Rollback_Of_Export_Duty_On_Iron_Ore/index.html]]></guid><description><![CDATA[India's mineral industries body wants the government to abandon plans to hike iron ore export duties which is hurting sales to China, the country's biggest buyer of low-grade ore.The 200-member strong Federation of Indian Mineral Industries (FIMI) wi.....]]></description><pubDate>March 04,2011</pubDate></item><item><title><![CDATA[AEPC Chairman Derides Excise Duty On Branded Clothing [March 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/761/AEPC_Chairman_Derides_Excise_Duty_On_Branded_Clothing/index.html]]></guid><description><![CDATA[The branded clothing sector got a jolt on February 28, 2011. They were hit by an unexpected whammy from the Finance Minister - Mr Mukerjee, who proposed a mandatory 10% excise duty on branded clothing.Clothing producers across Indian are agitated by .....]]></description><pubDate>March 04,2011</pubDate></item><item><title><![CDATA[India Forex Reserves Rise [March 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/762/India_Forex_Reserves_Rise/index.html]]></guid><description><![CDATA[India's forex reserves were $300.78 billion as on week ended February 25, an increase of $158 million from the preceding week, weekly data from the Reserve Bank of India showed Friday.Foreign currency reserves increased by $102 million to $271.41 bil.....]]></description><pubDate>March 04,2011</pubDate></item><item><title><![CDATA[PDS Rice May Be Exported As Govt Mum on MEP [March 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/763/PDS_Rice_May_Be_Exported_As_Govt_Mum_on_MEP/index.html]]></guid><description><![CDATA[NEW DELHI: The failure of the DGFT to specify the minimum export price (MEP) in its March 1 notification on overseas sales of select varieties of non-basmati rice could facilitate export of lesser quality rice meant for PDS and other welfare programm.....]]></description><pubDate>March 04,2011</pubDate></item><item><title><![CDATA[Govt Seeks Rs 8k Cr Additional Fertiliser Subsidy [March 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/764/Govt_Seeks_Rs_8k_Cr_Additional_Fertiliser_Subsidy/index.html]]></guid><description><![CDATA[NEW DELHI: The government today sought Parliament nod for an additional Rs 8,000 crore subsidy for the fertiliser sector taking the tally to Rs 66,075 crore for the current fiscal.While Rs 4,350 crore is proposed to go towards reimbursing the importe.....]]></description><pubDate>March 04,2011</pubDate></item><item><title><![CDATA[Gold Prices Steady; Traders Eye Declines [March 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/765/Gold_Prices_Steady;_Traders_Eye_Declines/index.html]]></guid><description><![CDATA[MUMBAI: India gold held steady on Friday afternoon following overseas markets, and a stronger rupee kept the gains in check, with traders awaiting further falls in prices to book deals, ahead of an important U.S. job report.The most-active April cont.....]]></description><pubDate>March 04,2011</pubDate></item><item><title><![CDATA[ECC Allows Import Of 7 More Items From India [March 03,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/750/ECC_Allows_Import_Of_7_More_Items_From_India/index.html]]></guid><description><![CDATA[ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet met on Tuesday with the Finance Minister Dr Abdul Hafeez Sheikh and allowed import of 7 more items from India &mdash; to improve the competitiveness of the local industries. The offi.....]]></description><pubDate>March 03,2011</pubDate></item><item><title><![CDATA[India-ASEAN CEPA By 2011 End, Says Anand Sharma [March 03,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/751/India-ASEAN_CEPA_By_2011_End_Says_Anand_Sharma/index.html]]></guid><description><![CDATA[&nbsp;Union Commerce and Industry Minister Anand Sharma on Wednesday said the Comprehensive Economic Partnership Agreement (CEPA) between India and ASEAN will be in place by the end of this year.Sharma, who inaugurated the 1st India-ASEAN Business Fa.....]]></description><pubDate>March 03,2011</pubDate></item><item><title><![CDATA[Rupee Down By 6 Paise Against US Dollar in Early Trade [March 03,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/752/Rupee_Down_By_6_Paise_Against_US_Dollar_in_Early_Trade/index.html]]></guid><description><![CDATA[MUMBAI: The Indian rupee fell by 6 paise to Rs 45.01 per US dollar in early trade at the Interbank Foreign Exchange today, weighed down by a weak opening on the stock market.The&nbsp; Indian rupee had shot up by 32 paise to end near a two-month high .....]]></description><pubDate>March 03,2011</pubDate></item><item><title><![CDATA[Branded Jewellery Hit By 1% Excise Duty By  [March 03,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/753/Branded_Jewellery_Hit_By_1%_Excise_Duty_By_/index.html]]></guid><description><![CDATA[An import duty structure of 'Nil basic customs duty, CVD of Rs 140 per 10 gram and Nil SAD is being prescribed for gold dore bars having gold content not exceeding 80 per cent, imported for refining and manufacturing serially numbered gold bars in In.....]]></description><pubDate>March 03,2011</pubDate></item><item><title><![CDATA[Wool Export To India Pushes Carpet Industry To Wall [March 03,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/754/Wool_Export_To_India_Pushes_Carpet_Industry_To_Wall/index.html]]></guid><description><![CDATA[LAHORE: Carpet industry and business leaders have urged the government to help stop wool export to India Wednesday.The massive export is not only creating an acute shortage in the local market but also pushing the carpet industry to the wall because .....]]></description><pubDate>March 03,2011</pubDate></item><item><title><![CDATA[Indian Exports Up 29.5 Per Cent In April-Dec 2010 [Feb 26,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/744/Indian_Exports_Up_295_Per_Cent_In_April-Dec_2010/index.html]]></guid><description><![CDATA[NEW DELHI: India's exports rose 29.5 percent to $164.7 billion in the  first three quarters of the current fiscal and it is likely to remain  robust for the next two years, according to the Economic Survey for  fiscal 2010-11."India's cumulative expo.....]]></description><pubDate>Feb 26,2011</pubDate></item><item><title><![CDATA[Economic Survey 2011: Allow Phased Opening of FDI in Multi-Brand Retail [Feb 26,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/745/Economic_Survey_2011_Allow_Phased_Opening_of_FDI_in_Multi-Brand_Retail/index.html]]></guid><description><![CDATA[NEW DELHI: The Economic Survey on Friday favoured a phased opening of  foreign direct investments in multi-brand retail saying it could help  address concerns of consumers and farmers, besides bringing technical  know-how.Even as the debate over FDI .....]]></description><pubDate>Feb 26,2011</pubDate></item><item><title><![CDATA[Marketing, IT SEZ Can Help UP [Feb 26,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/746/Marketing_IT_SEZ_Can_Help_UP/index.html]]></guid><description><![CDATA[LUCKNOW: Aggressive marketing and an information technology special  economic zone in its midst could well be the answer to Uttar Pradesh's  migration woes. This, according to Arun Seth, chairman, British telecom  (India), was the way forward for UP......]]></description><pubDate>Feb 26,2011</pubDate></item><item><title><![CDATA[India Forex Reserves Increase [Feb 26,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/747/India_Forex_Reserves_Increase/index.html]]></guid><description><![CDATA[India's forex reserves totaled $300.6 billion on the week ended February  18, an increase of $1.97 billion from the previous week, the Reserve  Bank of India said Friday.In its weekly bulletin, the central bank said India's foreign currency assets in.....]]></description><pubDate>Feb 26,2011</pubDate></item><item><title><![CDATA[Natural Rubber Import To Increase, Exports To Decline [Feb 26,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/748/Natural_Rubber_Import_To_Increase_Exports_To_Decline/index.html]]></guid><description><![CDATA[The Economic Survey today said the export of natural rubber (NR) could  be lower and its imports could rise in 2010-11 on back of increase in  consumption."India has emerged as the second largest consumer of  NR, overtaking the United States with a s.....]]></description><pubDate>Feb 26,2011</pubDate></item><item><title><![CDATA[Tyre Cos Seek 2 L Tonne Duty-Free Rubber Import [Feb 26,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/749/Tyre_Cos_Seek_2_L_Tonne_Duty-Free_Rubber_Import/index.html]]></guid><description><![CDATA[The tyre industry has asked for duty-free imports of 2 lakh tonne of  natural rubber (NR) for 2011-2012 to bridge the gap between demand and  supply."We estimate the demand-supply gap in domestic natural  rubber production and consumption to be appro.....]]></description><pubDate>Feb 26,2011</pubDate></item><item><title><![CDATA[FDI in Food Processing In 2010 Encouraging: Rawat [Feb 23,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/739/FDI_in_Food_Processing_In_2010_Encouraging_Rawat/index.html]]></guid><description><![CDATA[New Delhi, (PTI) Foreign Direct Investment (FDI) in the Food Processing sector in India was comparatively high at over Rs 576 crore by November last year, an encouraging volume compared to flow in the past years, Parliament was informed today."The am.....]]></description><pubDate>Feb 23,2011</pubDate></item><item><title><![CDATA[Rupee Falls By 2 Paise Against US Dollar In Opening Trade [Feb 23,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/740/Rupee_Falls_By_2_Paise_Against_US_Dollar_In_Opening_Trade/index.html]]></guid><description><![CDATA[MUMBAI: The Indian rupee opened 2 paise lower at Rs 45.28 per US dollar in early trade on the Interbank Foreign Exchange today amid foreign fund outflows.A weak opening in the stock market due to foreign fund outflows put pressure on the&nbsp; Indian.....]]></description><pubDate>Feb 23,2011</pubDate></item><item><title><![CDATA[Govt Allows Imports Of Milk Powder, Butter At Zero Duty [Feb 23,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/741/Govt_Allows_Imports_Of_Milk_Powder_Butter_At_Zero_Duty/index.html]]></guid><description><![CDATA[The government has allowed National Dairy Development Board (NDDB) to import 30,000 tonnes of milk powder and 15,000 tonnes of butter and butter oil at zero duty to augment the availability of liquid milk in the domestic market and control rising pri.....]]></description><pubDate>Feb 23,2011</pubDate></item><item><title><![CDATA[Proactive Polices For Gems & Jewellery Sector Sought [Feb 23,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/742/Proactive_Polices_For_Gems_&_Jewellery_Sector_Sought/index.html]]></guid><description><![CDATA[SURAT: The Gems and Jewellery Export Promotion Council (GJEPC) has urged the Central government to come up with proactive policies in its forthcoming budget for 2011-12 to provide a competitive edge to India's gems and jewellery sector in the global .....]]></description><pubDate>Feb 23,2011</pubDate></item><item><title><![CDATA[Indian Duty Hurting Pashmina Export [Feb 23,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/743/Indian_Duty_Hurting_Pashmina_Export/index.html]]></guid><description><![CDATA[KATHMANDU, Feb 23: India has continued to impose countervailing duty (CVD) on Nepali pashmina items, despite promising to revoke it a year ago, severely hurting export of this prime Nepali product to the southern neighbor.&ldquo;Indian customs contin.....]]></description><pubDate>Feb 23,2011</pubDate></item><item><title><![CDATA[Bangladesh To Import Indian Jute Seeds [Feb 21,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/728/Bangladesh_To_Import_Indian_Jute_Seeds/index.html]]></guid><description><![CDATA[Dhaka, Feb 20 (IANS) Bangladesh will get about 3,500 tonnes of the tosha variety of jute seeds from India to augment its production and may import more to meet the rising demand of jute products.Named JRO-524, the seeds will be imported as a private .....]]></description><pubDate>Feb 21,2011</pubDate></item><item><title><![CDATA[Excise Hike Of 2% Likely in Budget [Feb 21,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/729/Excise_Hike_Of_2%_Likely_in_Budget/index.html]]></guid><description><![CDATA[The government is likely to increase excise duty by 2 per cent in sectors like FMCG and automobiles, as well as raise service tax, in the forthcoming Budget to reduce the fiscal deficit, a report said.SMC Global Securities Ltd, in its forecast for th.....]]></description><pubDate>Feb 21,2011</pubDate></item><item><title><![CDATA[Imported Eedible Oils Find Growing Market in India [Feb 21,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/730/Imported_Eedible_Oils_Find_Growing_Market_in_India/index.html]]></guid><description><![CDATA[New Delhi, (IANS) Increasing health consciousness among Indian consumers, aided by growing purchasing power, has led to a spurt in the use of premium imported edible oils like olive and rapeseed and a number of foreign companies are vying with one an.....]]></description><pubDate>Feb 21,2011</pubDate></item><item><title><![CDATA[Chilli Futures Likely To Gain Upward Momentum [Feb 21,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/731/Chilli_Futures_Likely_To_Gain_Upward_Momentum/index.html]]></guid><description><![CDATA[Chilli futures declined on profit taking of previous gains on slight increase in the arrivals in the Guntur mandi. The arrivals were in the range of 20,000 bags -65,000 bags per day and 334 Chilli quoted at Rs. 8400, down Rs. 800 over last week.March.....]]></description><pubDate>Feb 21,2011</pubDate></item><item><title><![CDATA[PMEAC Expects Exports To Far Exceed $200 Bn Target [Feb 21,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/733/PMEAC_Expects_Exports_To_Far_Exceed_$200_Bn_Target/index.html]]></guid><description><![CDATA[As against the government&rsquo;s export target of $200 billion for this fiscal, the Prime Minister&rsquo;s Economic Advisory Council (PMEAC) on Monday projected that shipments from India will go up to $ 230 billions.In the 2009-10 financial year, th.....]]></description><pubDate>Feb 21,2011</pubDate></item><item><title><![CDATA[PM Advisory Panel Concerened Over Fall In Investment [Feb 21,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/732/PM_Advisory_Panel_Concerened_Over_Fall_In_Investment/index.html]]></guid><description><![CDATA[NEW DELHI: The Prime Minster's Economic Advisory Council is likely to raise concern over the deterioration in India's investment environment while calling for more efforts to reduce the country's dependence on imports in its economic review due to be.....]]></description><pubDate>Feb 21,2011</pubDate></item><item><title><![CDATA[Biggest FDI Deals in India [Feb 21,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/734/Biggest_FDI_Deals_in_India/index.html]]></guid><description><![CDATA[BP Plc is making one of the biggest foreign direct investments (FDI) in India, with a $7.2 billion tie-up with Reliance Industries to explore for deepwater oil and gas.BP will take a 30 percent stake in 23 oil and gas blocks and form a 50:50 joint ve.....]]></description><pubDate>Feb 21,2011</pubDate></item><item><title><![CDATA[Rupee Down From 7-Week High On Weak Asian Currencies, Shares [Feb 21,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/735/Rupee_Down_From_7-Week_High_On_Weak_Asian_Currencies_Shares/index.html]]></guid><description><![CDATA[MUMBAI: The Indian rupee fell on Tuesday from the 7-week high touched in the previous session, tracking losses in domestic shares as well as other Asian currencies.At 9:23 a.m., the partially convertible rupee was at 45.1700/1750 per dollar, weaker t.....]]></description><pubDate>Feb 21,2011</pubDate></item><item><title><![CDATA[New Excise Duty, Liquor Prices To Go Up In State [Feb 21,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/736/New_Excise_Duty_Liquor_Prices_To_Go_Up_In_State/index.html]]></guid><description><![CDATA[GURGAON: Prices of scotch, Indian-made foreign liquor (IMFL) and beer will go up marginally in Haryana from April as the state government has decided to levy an additional excise duty on liquor. This decision is a part of the new excise policy, which.....]]></description><pubDate>Feb 21,2011</pubDate></item><item><title><![CDATA[Handicraft Exports Likely To Touch Rs 170 Bn Over Next 3 years [Feb 21,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/737/Handicraft_Exports_Likely_To_Touch_Rs_170_Bn_Over_Next_3_years/index.html]]></guid><description><![CDATA[With soaring demand from markets like the US, Africa and Latin America, the handicrafts exports from India is likely to touch Rs 170 billion over the next three years.The Export Promotion Council for Handicrafts (EPCH) Chairman Raj Kumar Malhotra sai.....]]></description><pubDate>Feb 21,2011</pubDate></item><item><title><![CDATA[Tax Breaks To Help Oil & Gas Stay In Robust Shape [Feb 21,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/738/Tax_Breaks_To_Help_Oil_&_Gas_Stay_In_Robust_Shape/index.html]]></guid><description><![CDATA[The oil and gas sector meets over 45 per cent of the demand for primary commercial energy in the country and also contributes significantly to the gross domestic product. The availability of limited domestic resources, however, forces India to meet m.....]]></description><pubDate>Feb 21,2011</pubDate></item><item><title><![CDATA[Govt Bans Export Of Milk Powder, Casein To Rein In Prices [Feb 19,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/723/Govt_Bans_Export_Of_Milk_Powder_Casein_To_Rein_In_Prices/index.html]]></guid><description><![CDATA[India, the world's largest milk producer, on Friday banned exports of milk powder and its derivative casein to rein in rising prices in the domestic market.The ban, announced by the Commerce Ministry, will come into effect immediately and will be val.....]]></description><pubDate>Feb 19,2011</pubDate></item><item><title><![CDATA[Engineering Exports May Touch $52 Billion This Fiscal [Feb 19,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/724/Engineering_Exports_May_Touch_$52_Billion_This_Fiscal/index.html]]></guid><description><![CDATA[NEW DELHI: India's engineering exports may touch $52 billion in value terms during the current fiscal as the shipments have surpassed the projected target of $42 billion, largely on increasing demand from the US and Latin American markets ."We expect.....]]></description><pubDate>Feb 19,2011</pubDate></item><item><title><![CDATA[Reliance-Promoted SEZ As Good As Scrapped [Feb 19,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/725/Reliance-Promoted_SEZ_As_Good_As_Scrapped/index.html]]></guid><description><![CDATA[Farmers in Raigad have finally succeeded in getting the state government to almost scrap the Reliance-promoted Mumbai Special Economic Zone (SEZ) that was to be India&rsquo;s biggest. State revenue minister Balasaheb Thorat, on Friday, said the gover.....]]></description><pubDate>Feb 19,2011</pubDate></item><item><title><![CDATA[Forex Reserves Dip $752-Mn to $ 298.66-Bn [Feb 19,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/726/Forex_Reserves_Dip_$752-Mn_to_$_29866-Bn/index.html]]></guid><description><![CDATA[MUMBAI: Country's foreign exchange reserves declined by $752-million to $298.663-billion for the week ending February 11, the Reserve Bank said on Friday.India's total foreign exchange reserves had stood at $299.415-billion the previous week.Foreign .....]]></description><pubDate>Feb 19,2011</pubDate></item><item><title><![CDATA[Govt To Move WTO If Visa Talks With US Fail Next Month [Feb 19,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/727/Govt_To_Move_WTO_If_Visa_Talks_With_US_Fail_Next_Month/index.html]]></guid><description><![CDATA[NEW DELHI: With the recent visit of US commerce secretary Gary Locke failing to address India's concern on professional visa fee increase and imposition of additional duties on government imports, the country will try for one last time to settle the .....]]></description><pubDate>Feb 19,2011</pubDate></item><item><title><![CDATA[Steel Industry Wants Govt To Do Away With Import Duty [Feb 14,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/718/Steel_Industry_Wants_Govt_To_Do_Away_With_Import_Duty/index.html]]></guid><description><![CDATA[MUMBAI: The domestic steel industry has requested the Government to cut down the import duty to nil from 5 per cent and levy duty on HR coil to contain inflation.Steel prices have shot up by over 30 per cent in the last two months on fears of possibl.....]]></description><pubDate>Feb 14,2011</pubDate></item><item><title><![CDATA[Govt To Decide On Lifting Export Ban On Wheat, Onion [Feb 14,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/719/Govt_To_Decide_On_Lifting_Export_Ban_On_Wheat_Onion/index.html]]></guid><description><![CDATA[NEW DELHI: The government is likely to take a decision in the next few days on the proposal to lift ban on exports of onion and wheat in view of their bumper production.The empowered group of ministers (EGoM) on food, headed by Finance Minister Paran.....]]></description><pubDate>Feb 14,2011</pubDate></item><item><title><![CDATA[Pepper Prices To Ease On Arrivals [Feb 14,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/720/Pepper_Prices_To_Ease_On_Arrivals/index.html]]></guid><description><![CDATA[The pepper market could see some downward bias in the coming days with more pepper arriving from the hinterlands as harvest progress. Globally too, the market is seen easing with Vietnam devaluing its currency and increasing its production estimates .....]]></description><pubDate>Feb 14,2011</pubDate></item><item><title><![CDATA[Food Ministry To Seek Nod For Sugar Export [Feb 14,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/721/Food_Ministry_To_Seek_Nod_For_Sugar_Export/index.html]]></guid><description><![CDATA[Under pressure from various quarters and buoyed by higher estimates of sugarcane production, the food ministry is now set to fast-track the process of seeking sugar export approval from an empowered group of ministers headed by Finance Minister Prana.....]]></description><pubDate>Feb 14,2011</pubDate></item><item><title><![CDATA[Auto Firms Worried Over Egypt Crisis; Exports Hit [Feb 14,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/722/Auto_Firms_Worried_Over_Egypt_Crisis;_Exports_Hit/index.html]]></guid><description><![CDATA[NEW DELHI: Th political crisis in Egypt has raised worries for the Indian auto companies . Egypt, one of the largest market in West Asia for Indian automakers, has been hit as the full-blown political crisis has dried the market temporarily for Marut.....]]></description><pubDate>Feb 14,2011</pubDate></item><item><title><![CDATA[Rise In Raw Material Trade Impacts Coir Export [Feb 10,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/706/Rise_In_Raw_Material_Trade_Impacts_Coir_Export/index.html]]></guid><description><![CDATA[Coir exports during the current financial year have declined in volume compared to last year due to increasing exports of coir raw materials instead of finished products.Coir Board sources said that the value of exports during April-December of the c.....]]></description><pubDate>Feb 10,2011</pubDate></item><item><title><![CDATA[Sharad Pawar bats for limited onion exports [Feb 10,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/707/Sharad_Pawar_bats_for_limited_onion_exports/index.html]]></guid><description><![CDATA[Sharad Pawar is now batting for limited exports of onions, sugar and rice.&ldquo;We should take a liberalised view of the entire situation. The onion growers of Nashik are now in tears as the wholesale price has dipped below Rs400 per quintal,&rdquo;.....]]></description><pubDate>Feb 10,2011</pubDate></item><item><title><![CDATA[Rupee Down 7 Paise Against US Dollar [Feb 10,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/708/Rupee_Down_7_Paise_Against_US_Dollar/index.html]]></guid><description><![CDATA[Mumbai, Feb 10 (PTI) The rupee weakened by 7 paise to Rs 45.55 a dollar in early trade at the Interbank Foreign Exchange Thursday amid mild demand for the American currency and dollar gains overseas.Forex dealers said besides dollar demand from impor.....]]></description><pubDate>Feb 10,2011</pubDate></item><item><title><![CDATA[Cotton Prices Hit Record High Of Rs 55,500 Per Candy in Guj [Feb 10,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/709/Cotton_Prices_Hit_Record_High_Of_Rs_55500_Per_Candy_in_Guj/index.html]]></guid><description><![CDATA[Cotton prices in Gujarat have touched a record high of Rs 55,500 per candy (One Candy is equal to 356 kg) today, a Cotton Corporation of India (CCI) official said here."Prices of the benchmark Shankar-6 variety of cotton are ruling between Rs 55,500 .....]]></description><pubDate>Feb 10,2011</pubDate></item><item><title><![CDATA[Pulses Import To Come Down By Half This Year: Khullar [Feb 10,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/710/Pulses_Import_To_Come_Down_By_Half_This_Year_Khullar/index.html]]></guid><description><![CDATA[The Government today projected a 50 per cent drop this year in pulses import over last year due to prospects of a bumper production in 2010-11.&ldquo;Pulses are expected to be a bumper crop at 16.6 million tonnes this year in which case imports will .....]]></description><pubDate>Feb 10,2011</pubDate></item><item><title><![CDATA[Indian Ferroalloy Producers Seek Amendments On Duties [Feb 10,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/711/Indian_Ferroalloy_Producers_Seek_Amendments_On_Duties/index.html]]></guid><description><![CDATA[The Indian Ferroalloy Producers' Association (IFAPA) has publicized its pre-budget recommendations to India's Finance Ministry.According to a local press report, the producers have requested the correction of the inverse duty structure on ferrovanadi.....]]></description><pubDate>Feb 10,2011</pubDate></item><item><title><![CDATA[LITL To Set Up Integrated Solar SEZ in Chhattisgarh [Feb 10,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/712/LITL_To_Set_Up_Integrated_Solar_SEZ_in_Chhattisgarh/index.html]]></guid><description><![CDATA[Lanco Solar, a subsidiary of Lanco Infratech Limited (LITL) is setting up India's first integrated Solar PV (photovoltaic) manufacturing Special Economic Zone (SEZ) in Rajnandgaon district of Chhattisgarh.The SEZ would come up in about 250 acres of l.....]]></description><pubDate>Feb 10,2011</pubDate></item><item><title><![CDATA[Budget 2011: FIEO Recommends Exemption Of Anti Dumping Duties On Machinery Imported Under EPCG Schem [Feb 10,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/713/Budget_2011_FIEO_Recommends_Exemption_Of_Anti_Dumping_Duties_On_Machinery_Imported_Under_EPCG_Schem/index.html]]></guid><description><![CDATA[NEW DELHI: FIEO has recommended exemption of anti dumping &amp; safeguard duties on import of machinery under EPCG Scheme.Anti-Dumping Duty is payable for machinery imported under the EPCG Scheme. However, anti-dumping duty is not payable to export i.....]]></description><pubDate>Feb 10,2011</pubDate></item><item><title><![CDATA[Rupee Falls By 2 p To 1-Week Low Against Dollar [Feb 10,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/714/Rupee_Falls_By_2_p_To_1-Week_Low_Against_Dollar/index.html]]></guid><description><![CDATA[Mumbai,&nbsp; (PTI) The Indian rupee fell by 2 paise to a one-week low of Rs 45.74 against the US dollar in early trade on the Interbank Foreign Exchange today, weighed down by gains made by the greenback against other Asian currencies overseas.Deale.....]]></description><pubDate>Feb 10,2011</pubDate></item><item><title><![CDATA[Budget 2011: FIEO Demands Nil Rate Of Customs Duty On Import Of Waste Paper, Wood Pulp & Coal [Feb 10,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/715/Budget_2011_FIEO_Demands_Nil_Rate_Of_Customs_Duty_On_Import_Of_Waste_Paper_Wood_Pulp_&_Coal/index.html]]></guid><description><![CDATA[NEW DELHI: FIEO has demanded nil rate of customs duty on import of waste paper, wood pulp &amp; coal. Paper production in India is very low at 14% compared to 60% in developed countries. Therefore, paper industry in India depends on import of waste p.....]]></description><pubDate>Feb 10,2011</pubDate></item><item><title><![CDATA[Govt Now Allows BCCI Duty Free Import For WC [Feb 10,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/716/Govt_Now_Allows_BCCI_Duty_Free_Import_For_WC/index.html]]></guid><description><![CDATA[NEW DELHI: The Government has allowed zero duty import of sports and broadcasting equipment by BCCI for the World Cup cricket tournament starting February 19.Last month the government had de-recognised BCCI as a a national sports federation and had d.....]]></description><pubDate>Feb 10,2011</pubDate></item><item><title><![CDATA[Inverted Duty Structure Required For Raw Silk & Silk Fabric Import [Feb 10,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/717/Inverted_Duty_Structure_Required_For_Raw_Silk_&_Silk_Fabric_Import/index.html]]></guid><description><![CDATA[The Federation of Indian Export Organizations (FIEO) has suggested an inverted duty structure for the import of both raw silk as well as silk fabrics.FIEO revealed that the import duty structure on raw silk should aim at maximum benefit of the weavin.....]]></description><pubDate>Feb 10,2011</pubDate></item><item><title><![CDATA[US Seeks Tariff Reductions For Greater Market Access in India [Feb 08,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/701/US_Seeks_Tariff_Reductions_For_Greater_Market_Access_in_India/index.html]]></guid><description><![CDATA[New Delhi,&nbsp; (PTI) The US today sought lower tariffs and greater market access in India, and said that the country ranked low on World Bank''s ranking of ''ease of doing business'' because it has limits on FDI in key sectors and high import dutie.....]]></description><pubDate>Feb 08,2011</pubDate></item><item><title><![CDATA[Rupee At 3-Week High Boosted By Dollar Inflows [Feb 08,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/702/Rupee_At_3-Week_High_Boosted_By_Dollar_Inflows/index.html]]></guid><description><![CDATA[MUMBAI: The Indian rupee rose to three-week highs on Tuesday, supported by dollar inflows and strong Asian peers, but importer demand for dollars was seen curbing the local unit's rise.At 9:57 a.m. (0427 GMT), the partially convertible rupee was at 4.....]]></description><pubDate>Feb 08,2011</pubDate></item><item><title><![CDATA[ISMA Seeks Permission Of Sugar Export To Prevent Cane Arrears [Feb 08,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/703/ISMA_Seeks_Permission_Of_Sugar_Export_To_Prevent_Cane_Arrears/index.html]]></guid><description><![CDATA[The Indian Sugar Mills Association (ISMA) today said the factories would soon find it difficult to pay prices to sugarcane farmers if government do not take immediate steps to check the fall in prices of the sweetener.Pointing out that ex-factory pri.....]]></description><pubDate>Feb 08,2011</pubDate></item><item><title><![CDATA[India's Direct Tax Collection Up 20 Percent In First 10 Months [Feb 08,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/704/India's_Direct_Tax_Collection_Up_20_Percent_In_First_10_Months/index.html]]></guid><description><![CDATA[India's net direct tax collection for the first 10 months of this fiscal year rose over 20 percent to Rs 3.17 lakh crore from 2.64 lakh crore in the year-ago period, aided by a rise in corporate tax collection due to strong economic growth, the Minis.....]]></description><pubDate>Feb 08,2011</pubDate></item><item><title><![CDATA[India Seeks Easier Access To Export Unbranded Drugs [Feb 08,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/705/India_Seeks_Easier_Access_To_Export_Unbranded_Drugs/index.html]]></guid><description><![CDATA[India wants easier rules to export unbranded drugs to Japan during ongoing negotiations on an economic agreement between Asia&rsquo;s second and third largest economies.Indian drug makers want a more relaxed access to Japan, the second largest drug m.....]]></description><pubDate>Feb 08,2011</pubDate></item><item><title><![CDATA[ASSOCHAM: Raise Import Duty On Hot Rolled Coils by 5% [Feb 07,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/696/ASSOCHAM_Raise_Import_Duty_On_Hot_Rolled_Coils_by_5%/index.html]]></guid><description><![CDATA[The Associated Chambers of Commerce and Industry of India (ASSOCHAM) in the interest of domestic steel Industry has stressed upon raising the import duty on Hot Rolled Coils (HR Coils) from prevalent 5% to minimum 10% to encourage the growth of domes.....]]></description><pubDate>Feb 07,2011</pubDate></item><item><title><![CDATA[Marine Products Exports Up By 18.92 pc in Apr-Dec 2010 [Feb 07,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/697/Marine_Products_Exports_Up_By_1892_pc_in_Apr-Dec_2010/index.html]]></guid><description><![CDATA[Chennai, (PTI) Marine products exports grew by 18.92 per cent to Rs 9,187.18 crore during April-December 2010, Marine Products Export Development Authority said today.This was the for the first time that the exports witnessed such a growth since the .....]]></description><pubDate>Feb 07,2011</pubDate></item><item><title><![CDATA[Commodity Trends: Soybean, Pepper, Chana Prices Move Up [Feb 07,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/698/Commodity_Trends_Soybean_Pepper_Chana_Prices_Move_Up/index.html]]></guid><description><![CDATA[Agri-commodities generally witnessed an upward trend with US corn surging to its highest level since July 2008 while pepper prices in India strengthened on tight global stocks but weakening export demand limited upside gains. Chana prices were well s.....]]></description><pubDate>Feb 07,2011</pubDate></item><item><title><![CDATA[Plastics Industry Shifting Gear To Reach Next Level Of Growth [Feb 07,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/699/Plastics_Industry_Shifting_Gear_To_Reach_Next_Level_Of_Growth/index.html]]></guid><description><![CDATA[The plastics industry seems to be going through a major change as the processing units shift focus from traditional packaging to newer segments such as equipment manufacturing for automobiles, agriculture, poultry farming, agriculture and blown films.....]]></description><pubDate>Feb 07,2011</pubDate></item><item><title><![CDATA[Punjab Potato Growers To Export Crop To Russia [Feb 07,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/700/Punjab_Potato_Growers_To_Export_Crop_To_Russia/index.html]]></guid><description><![CDATA[Chandigarh, (PTI) A clutch of Punjab-based potatofarmers are in final stages of signing a historic deal withRussian traders for exporting close to 10,000 tonnes of thecrop to Russia for the first time ever.Buzz up!"We are likely to finalise the deal .....]]></description><pubDate>Feb 07,2011</pubDate></item><item><title><![CDATA[SC Refuses To Stay Anti-Dumping Duty On Telcom Gear From China [Feb 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/691/SC_Refuses_To_Stay_Anti-Dumping_Duty_On_Telcom_Gear_From_China/index.html]]></guid><description><![CDATA[The Supreme Court today declined to stay the anti-dumping duty on import of optical fibre transmission equipments from China and Israel, and asked telcom majors Idea Cellular and Tata Tele Services to approach the sector tribunal to resolve the dispu.....]]></description><pubDate>Feb 04,2011</pubDate></item><item><title><![CDATA[India''s Forex Reserves Decline To USD 299.17 Billion [Feb 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/692/India''s_Forex_Reserves_Decline_To_USD_29917_Billion/index.html]]></guid><description><![CDATA[Mumbai, Feb 4 (PTI) Country''s foreign exchange reservesdipped by USD 223 million to USD 299.17 billion driven by adrop in its foreign currency assets.The total reserves stood at USD 299.40 billion the weekbefore.Foreign currency assets, the biggest .....]]></description><pubDate>Feb 04,2011</pubDate></item><item><title><![CDATA[Soyameal Exports in Jan Up Over Two-Fold to 5.76 Lakh Tonnes [Feb 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/693/Soyameal_Exports_in_Jan_Up_Over_Two-Fold_to_576_Lakh_Tonnes/index.html]]></guid><description><![CDATA[New Delhi,&nbsp; (PTI) Soyameal export in January more than doubled to 5.76 lakh tonnes, compared with the same month last year, mainly on the back of robust demand from overseas and better availability of soyabean in the domestic market.The country .....]]></description><pubDate>Feb 04,2011</pubDate></item><item><title><![CDATA[India Gold Steady Near Over 1-Wk High; Buyers Stay Away [Feb 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/694/India_Gold_Steady_Near_Over_1-Wk_High;_Buyers_Stay_Away/index.html]]></guid><description><![CDATA[India gold futures were almost steady near its highest level in over a week on Friday afternoon, following overseas leads, but traders were unwilling to place new positions after the sudden price jump, dealers said."It suddenly went up yesterday, to .....]]></description><pubDate>Feb 04,2011</pubDate></item><item><title><![CDATA[India Turmeric Futures Fall On Arrivals [Feb 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/695/India_Turmeric_Futures_Fall_On_Arrivals/index.html]]></guid><description><![CDATA[




India's turmeric futures closed lower on Friday as rising supplies from the fresh crop weighed on sentiment, analysts said.Supplies have been rising continuously in the spot market due to higher production after farmers expanded area under .....]]></description><pubDate>Feb 04,2011</pubDate></item><item><title><![CDATA[Garlic Prices To Stay High For Another 15 Days [Feb 03,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/685/Garlic_Prices_To_Stay_High_For_Another_15_Days/index.html]]></guid><description><![CDATA[While consumers in the national capital heaved a sigh of relief with the easing of prices of onion and tomato, they continue to feel the pinch due to skyrocketing rates of garlic, which is ruling at Rs300 a kg in retail.Price of garlic is hovering ar.....]]></description><pubDate>Feb 03,2011</pubDate></item><item><title><![CDATA[Time To Rethink Crutches For Exports [Feb 03,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/686/Time_To_Rethink_Crutches_For_Exports/index.html]]></guid><description><![CDATA[The robust performance of our exports in December 2010 is heartening for a number of reasons. One, it is a sign that exchange rates have ceased to be a significant factor in export performance. In the period April-December, the real exchange rate of .....]]></description><pubDate>Feb 03,2011</pubDate></item><item><title><![CDATA[Cotton Association of India Offers Help to Pakistani Buyers [Feb 03,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/687/Cotton_Association_of_India_Offers_Help_to_Pakistani_Buyers/index.html]]></guid><description><![CDATA[KARACHI: Cotton Association of India has offered to play role of mediator between Pakistan cotton buyers and Indian sellers.In this regards, Dr Mirza Ikhtiar Baig, Advisor to Prime Minister on Textiles accompanied by Vice Chairman APTMA Yasin Siddik,.....]]></description><pubDate>Feb 03,2011</pubDate></item><item><title><![CDATA[Rupee Opens 2 Paise Lower Against US Dollar [Feb 03,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/688/Rupee_Opens_2_Paise_Lower_Against_US_Dollar/index.html]]></guid><description><![CDATA[Mumbai, Feb 3 (PTI) The Indian rupee opened 2 paise lower at Rs 45.64 per US dollar in early trade on the Interbank Foreign Exchange today amid demand for the American currency from importers and appreciation of the greenback against other currency r.....]]></description><pubDate>Feb 03,2011</pubDate></item><item><title><![CDATA[Exporters Can Breathe a Sigh of Relief On Feb 8 [Feb 03,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/689/Exporters_Can_Breathe_a_Sigh_of_Relief_On_Feb_8/index.html]]></guid><description><![CDATA[The government is set to announce some significant measures to reduce the high transaction costs faced by the country's exporters in their day-to-day operations. Finance Minister Pranab Mukherjee&nbsp; will be unveiling the measures on February 8.The.....]]></description><pubDate>Feb 03,2011</pubDate></item><item><title><![CDATA[India's Software Exports Seen Up 16-18 pct in FY12 [Feb 03,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/690/India's_Software_Exports_Seen_Up_16-18_pct_in_FY12/index.html]]></guid><description><![CDATA[India's software and services exports are seen rising 16-18 percent in the year to March 2012, an industry body said on Wednesday, as demand for outsourcing services by Western clients is expected to remain strong.The National Association of Software.....]]></description><pubDate>Feb 03,2011</pubDate></item><item><title><![CDATA[India Guar Ends Higher On Demand; Seen Opening Up [Feb 01,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/679/India_Guar_Ends_Higher_On_Demand;_Seen_Opening_Up/index.html]]></guid><description><![CDATA[India's guar futures ended higher on Monday, supported by robust demand for guar gum from millers to meet export obligations and active buying by stockists amid falling arrivals, analysts said.Guar futures are expected to open firm on Tuesday, they s.....]]></description><pubDate>Feb 01,2011</pubDate></item><item><title><![CDATA[ India�s Foreign Trade Data: December, 2010 [Feb 01,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/680/_India�s_Foreign_Trade_Data_December_2010/index.html]]></guid><description><![CDATA[India&rsquo;s exports during December, 2010 were valued at US $ 22500 million (Rs. 101601 crore) which was 36.4 per cent higher in Dollar terms (32.1 per cent higher in Rupee terms) than the level of US $ 16493 million (Rs.76907crore) during December.....]]></description><pubDate>Feb 01,2011</pubDate></item><item><title><![CDATA[Gold Recovers Partly From 13-Week Low; Buying Retreats [Feb 01,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/681/Gold_Recovers_Partly_From_13-Week_Low;_Buying_Retreats/index.html]]></guid><description><![CDATA[MUMBAI: India gold rose a tad on Monday afternoon, recovering partly from their lowest level in 13 weeks, prompting physical buyers to retreat as traders awaited more falls ahead ahead of the wedding season next month, dealers said."It's steady today.....]]></description><pubDate>Feb 01,2011</pubDate></item><item><title><![CDATA[Cotton: Time For High-Yielding Varieties [Feb 01,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/682/Cotton_Time_For_High-Yielding_Varieties/index.html]]></guid><description><![CDATA[With supplies maintaining the lowest levels since 1993, cotton prices have skyrocketed to $1.70 a pound.In fact, cotton has had an exhilarating journey with demand outpacing supply in the past five years. The prices climbed over 100% in the last six .....]]></description><pubDate>Feb 01,2011</pubDate></item><item><title><![CDATA[Rupee Inches Up by 4 Paise Against US Dollar [Feb 01,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/683/Rupee_Inches_Up_by_4_Paise_Against_US_Dollar/index.html]]></guid><description><![CDATA[Indian rupee edged higher against the greenback in morning trade. Rupee was up by 4 paise or 0.04% against USD to Rs 45.86 compared to previous close of 45.90. (09.42 a.m.)At 9.44., the Sensex was trading up 5.82 points or 0.03% at 18,333.58 with 15 .....]]></description><pubDate>Feb 01,2011</pubDate></item><item><title><![CDATA[Govt Plans To Reduce Dependence On Coal and Oil Imports [Feb 01,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/684/Govt_Plans_To_Reduce_Dependence_On_Coal_and_Oil_Imports/index.html]]></guid><description><![CDATA[The government is keen on reducing India&rsquo;s dependence on coal and oil imports. It has launched discussions on a scheme that calls for lower usage in energy-intensive sectors. And allows these saved units to be traded on energy exchanges. CNBC-T.....]]></description><pubDate>Feb 01,2011</pubDate></item><item><title><![CDATA[Rupee Gains 9 Paise Against Dollar in Early Trade [January 27,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/667/Rupee_Gains_9_Paise_Against_Dollar_in_Early_Trade/index.html]]></guid><description><![CDATA[The Indian Rupee appreciated by 9 paise to Rs 45.62 a dollar, snapping  its five-session losing streak, at the Interbank Foreign Exchange market  today, supported by the greenback's weakness against euro and higher  opening on the stock market.Forex .....]]></description><pubDate>January 27,2011</pubDate></item><item><title><![CDATA[India Spices Exports Up 16% till Q3 This Fiscal [January 27,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/668/India_Spices_Exports_Up_16%_till_Q3_This_Fiscal/index.html]]></guid><description><![CDATA[KOCHI : The exports of spices and spices products  from India during April-December 2010 scaled up by 16 percent in value  and three percent in volume to 391,560 tons.In terms of value,  this means Rs.4880.56 crores (US$1070.10 Million) against the e.....]]></description><pubDate>January 27,2011</pubDate></item><item><title><![CDATA[India�s Vegetable Oil Output to Rise 12 Percent, Oil World Says [January 27,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/669/India�s_Vegetable_Oil_Output_to_Rise_12_Percent_Oil_World_Says/index.html]]></guid><description><![CDATA[




India&rsquo;s production of vegetable oils will rise 12  percent in the marketing year that started Oct. 1 as consumption  increases, Oil World said.Output will climb to 9.8 million  metric tons of 17 oils and fats including soybeans and ra.....]]></description><pubDate>January 27,2011</pubDate></item><item><title><![CDATA[India Eases Restrictions on Cotton Yarn Exports [January 27,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/670/India_Eases_Restrictions_on_Cotton_Yarn_Exports/index.html]]></guid><description><![CDATA[The office of the Director General of Foreign Trade, vide a new  notification has announced that, it has eased restrictions on exports of  cotton yarn manufactured from imported raw cotton.As per the  notification, export of cotton yarn by manufactur.....]]></description><pubDate>January 27,2011</pubDate></item><item><title><![CDATA[India-Nigeria trade dropped to $8.7b in 2010 [January 27,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/671/India-Nigeria_trade_dropped_to_$87b_in_2010/index.html]]></guid><description><![CDATA[With Indian outreach to Africa steadily growing, a major Indian products  and services show is being mounted later this month with hopes that  trade between India and Nigeria will pick up this year after a lull in  the past two years."As a result of .....]]></description><pubDate>January 27,2011</pubDate></item><item><title><![CDATA[India to Import Additional 15 Million Tons LNG from Qatar [January 27,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/672/India_to_Import_Additional_15_Million_Tons_LNG_from_Qatar/index.html]]></guid><description><![CDATA[Qatar (Doha) - India has sought to purchase 15 million tons of liquefied  natural gas (LNG) from Qatar in addition to the 7.5 million tones that  it already imports , the Indian Ambassador to Qatar Deepa Gopalan Wadhwa  said .Wadhwa revealed in an ex.....]]></description><pubDate>January 27,2011</pubDate></item><item><title><![CDATA[FDI in Services Sector Dips 24 pc to $2.59bn in Apr-Nov [January 27,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/673/FDI_in_Services_Sector_Dips_24_pc_to_$259bn_in_Apr-Nov/index.html]]></guid><description><![CDATA[NEW DELHI: Foreign direct investment in the country's service sector  declined by 27 per cent to USD 2.59 billion (Rs 11.885 crore) during  April-November of the current fiscal, according to industry ministry's  latest data.The financial and non-fina.....]]></description><pubDate>January 27,2011</pubDate></item><item><title><![CDATA[India Raises Indirect Tax Collection Target by 7% [January 27,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/674/India_Raises_Indirect_Tax_Collection_Target_by_7%/index.html]]></guid><description><![CDATA[




New Delhi: Boosted by higher revenue mop-up during  April-December 2010-11, the government on Thursday said it has upped  indirect tax collection estimates by 7% for this fiscal, from the Budget  target of Rs. 3.15 trillion.The decision com.....]]></description><pubDate>January 27,2011</pubDate></item><item><title><![CDATA[Rising Cotton Prices Can Hit Export Revenue: Fitch [January 27,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/675/Rising_Cotton_Prices_Can_Hit_Export_Revenue_Fitch/index.html]]></guid><description><![CDATA[New Delhi,&nbsp; (PTI) Fitch Ratings today said the outlook for Indian  garment exporters is ''negative to stable'' in 2011 as rising cotton  prices and appreciating rupee could dampen profitability and lead to  lower export revenue growth."Despite i.....]]></description><pubDate>January 27,2011</pubDate></item><item><title><![CDATA[India: Local Car Manufacturers Looking To Import Tyres [January 27,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/676/India_Local_Car_Manufacturers_Looking_To_Import_Tyres/index.html]]></guid><description><![CDATA[Car manufacturers in India are looking to import tyres to make up for  severe shortages in the local market. Local OEMs are now looking at  China, Thailand, South Korea and Malaysia for tyres.Vehicle  manufacturers in India had to contend with compon.....]]></description><pubDate>January 27,2011</pubDate></item><item><title><![CDATA[Food Inflation Above 15% For 4th Week [January 27,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/677/Food_Inflation_Above_15%_For_4th_Week/index.html]]></guid><description><![CDATA[




NEW DELHI: Food inflation remained above 15% for the  fourth consecutive week in mid-January on the back of high onion, fruit  and vegetables prices.Data released by the commerce and industry  ministry on Thursday showed the food price inde.....]]></description><pubDate>January 27,2011</pubDate></item><item><title><![CDATA[Nigeria, India Trade Volume Hits $8.7 Billion [January 27,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/678/Nigeria_India_Trade_Volume_Hits_$87_Billion/index.html]]></guid><description><![CDATA[Trade between Nigeria and India is robust and has continued to grow in  favour of Nigeria, said Mahesh Sachdev, Indian High Commissioner to  Nigeria. Mr. Scahdev said this on Wednesday in Abuja during the 2011  India Republic Day Celebration.&ldquo;B.....]]></description><pubDate>January 27,2011</pubDate></item><item><title><![CDATA[Govt May Filter Out FDI in Tobacco Marketing [January 24,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/655/Govt_May_Filter_Out_FDI_in_Tobacco_Marketing/index.html]]></guid><description><![CDATA[Import of cigarettes could also be shifted out of OGL.Foreign cigarette companies could soon find it harder to sell their products in India. The government is looking into a proposal to ban foreign direct investment (FDI) in the wholesale marketing a.....]]></description><pubDate>January 24,2011</pubDate></item><item><title><![CDATA[India�s Net Polished Diamond Exports Sag in December [January 24,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/656/India�s_Net_Polished_Diamond_Exports_Sag_in_December/index.html]]></guid><description><![CDATA[India&rsquo;s net polished diamond exports totaled $306 million in December 2010, declining 20.4 percent compared to December 2009. The low figure is especially surprising compared to the high level of net exports in November: $989.2 million.Gross po.....]]></description><pubDate>January 24,2011</pubDate></item><item><title><![CDATA[Edible Oils Prices to Remain Firm This Year: Fitch [January 24,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/657/Edible_Oils_Prices_to_Remain_Firm_This_Year_Fitch/index.html]]></guid><description><![CDATA[New Delhi, (PTI) Consumers may have to better their skills in managing household budget as prices of edible oils are seen to remain firm this year because demand is oustripping the total domestic supply, a latest report said.At present, in most retai.....]]></description><pubDate>January 24,2011</pubDate></item><item><title><![CDATA[FM Meets Financial Sector Regulators for Budget Inputs [January 24,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/658/FM_Meets_Financial_Sector_Regulators_for_Budget_Inputs/index.html]]></guid><description><![CDATA[Finance Minister Pranab Mukherjee today discussed the economic situation with financial sector regulators, including the Reserve Bank of India governor and Securities and Exchange Board of India (Sebi) chief, and sought inputs for the 2011-12 Budget,.....]]></description><pubDate>January 24,2011</pubDate></item><item><title><![CDATA[Chinese Iron Ore Imports from Brazil and India Fall Sharply in 2010 [January 24,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/659/Chinese_Iron_Ore_Imports_from_Brazil_and_India_Fall_Sharply_in_2010/index.html]]></guid><description><![CDATA[Imports of iron ore from Brazil and India fell sharply during 2010 while Australian shipments inched up slightly over the year.Shipments from India fell 9.98% to 96.59 million tonnes in 2010, and Brazilian deliveries declined by 9.09% to 130.86 milli.....]]></description><pubDate>January 24,2011</pubDate></item><item><title><![CDATA[Iran Seeks European Bank to Route Oil Funds From India [January 24,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/660/Iran_Seeks_European_Bank_to_Route_Oil_Funds_From_India/index.html]]></guid><description><![CDATA[GLOBAL sanctions-ridden Iran has launched a frantic search across Europe to find a bank that will ensure undisrupted payments against crude supplies to India. Iran will come up with a routing mechanism in a week.Alternative funds transfer beca me nec.....]]></description><pubDate>January 24,2011</pubDate></item><item><title><![CDATA[Green Policies Hurting FDI,Says RBI FDI [January 24,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/661/Green_Policies_Hurting_FDISays_RBI_FDI/index.html]]></guid><description><![CDATA[MUMBAI: The RBI has said that environment sensitive policies and procedural delays are hurting foreign direct investment.The moderation in FDI inflows to India during April-November 2010 has been driven by sectors such as construction,mining and busi.....]]></description><pubDate>January 24,2011</pubDate></item><item><title><![CDATA[Rupee Gains 18 Paise Against US Dollar Ahead of RBI Policy [January 24,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/662/Rupee_Gains_18_Paise_Against_US_Dollar_Ahead_of_RBI_Policy/index.html]]></guid><description><![CDATA[Indian rupee edged higher against the greenback in morning trade. Rupee was up by 18 paise or 0.18% against USD to Rs 45.49 compared to previous close of 45.67. (10.06 a.m.)At 10.07 am, the Sensex was trading up 83.16 points or 0.43% at 19,234.44 wit.....]]></description><pubDate>January 24,2011</pubDate></item><item><title><![CDATA[US Takes Steps To Ease Export Restrictions To India [January 24,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/663/US_Takes_Steps_To_Ease_Export_Restrictions_To_India/index.html]]></guid><description><![CDATA[WASHINGTON -(Dow Jones)- The U.S. announced several steps Monday to ease restrictions on exports of sensitive products to India, following through on a pledge President Barack Obama made during his visit to the country in November to strengthen strat.....]]></description><pubDate>January 24,2011</pubDate></item><item><title><![CDATA[India, Australia to Start Talks on FTA Soon [January 24,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/664/India_Australia_to_Start_Talks_on_FTA_Soon/index.html]]></guid><description><![CDATA[Mumbai, India and Australia will soon start negotiations on a free trade agreement (FTA) aimed to strengthen bilateral economic relations, Commerce and Industry Minister Anand Sharma said Monday.'An FTA with Australia has the potential to enhance tra.....]]></description><pubDate>January 24,2011</pubDate></item><item><title><![CDATA[India Sugar Output Rises To 8.4 Million Tons Till Jan 15 [January 24,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/665/India_Sugar_Output_Rises_To_84_Million_Tons_Till_Jan_15/index.html]]></guid><description><![CDATA[NEW DELHI&nbsp; : World&rsquo;s second largest sugar producer, India&rsquo;s output was estimated to have risen by 15 % to 8.4 million tones as on January 15 in the current crop year.India had estimated total sugar production at 24.5 million tons in .....]]></description><pubDate>January 24,2011</pubDate></item><item><title><![CDATA[Soy Bean Surges on Domestic Demand [January 24,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/666/Soy_Bean_Surges_on_Domestic_Demand/index.html]]></guid><description><![CDATA[NCDEX March futures surged to 0.66 per cent on Saturday as compared to previous day&rsquo;s close on account of firm overseas market and better prospects of domestic oil meal exports in coming days. Bullish report of USDA&rsquo;s weekly export sales .....]]></description><pubDate>January 24,2011</pubDate></item><item><title><![CDATA[Chemical Industry Seeks Zero Per Cent Duty on Feedstock, Raw Materials Import [January 22,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/649/Chemical_Industry_Seeks_Zero_Per_Cent_Duty_on_Feedstock_Raw_Materials_Import/index.html]]></guid><description><![CDATA[MUMBAI: The chemicals industry has sought zero per cent duty structure on import of feedstock and raw material in the forthcoming budget."We have received a charter of demands from industry representatives, seeking certain exemptions in custom duties.....]]></description><pubDate>January 22,2011</pubDate></item><item><title><![CDATA[India�s G&J Exports Rise 70.49% in December 2010 [January 22,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/650/India�s_G&J_Exports_Rise_7049%_in_December_2010/index.html]]></guid><description><![CDATA[India&rsquo;s total gem and jewellery exports in December 2010 spurred up by70.49 percent to US$ 3,303.71 million (in December 2009 the said exports valued US$ 1,937.80 million). Cut and polished diamond exports was at an astounding peak of US$ 2,492.....]]></description><pubDate>January 22,2011</pubDate></item><item><title><![CDATA[India Tea Prices Extend Losses on Weak Demand [January 22,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/651/India_Tea_Prices_Extend_Losses_on_Weak_Demand/index.html]]></guid><description><![CDATA[MUMBAI, - Tea prices continued their losing streak at this week's auction in India, the world's second biggest producer, as buyers offered lower prices for the poor quality produce, dealers said on Friday."This week offered quantity was on higher sid.....]]></description><pubDate>January 22,2011</pubDate></item><item><title><![CDATA[Guar, Chana Futures Hit Contract High [January 22,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/652/Guar_Chana_Futures_Hit_Contract_High/index.html]]></guid><description><![CDATA[MUMBAI: India's guar futures rose to a fresh contract high on Friday afternoon due to robust demand for guar gum from exporters to complete overseas orders and active buying from stockists and millers amid falling arrivals, analysts said."Export dema.....]]></description><pubDate>January 22,2011</pubDate></item><item><title><![CDATA[Guar, Chana Futures Hit Contract HighRupee Retreats From 7-wk Lows; Euro Rise Boosts [January 22,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/653/Guar_Chana_Futures_Hit_Contract_HighRupee_Retreats_From_7-wk_Lows;_Euro_Rise_Boosts/index.html]]></guid><description><![CDATA[MUMBAI: The Indian rupee bounced off seven week lows on Friday, cheered by gains in the euro versus the dollar, but choppy domestic shares continued to raise worries about sustained foreign fund withdrawals.The partially convertible rupee closed at 4.....]]></description><pubDate>January 22,2011</pubDate></item><item><title><![CDATA[Indian Sugar Exports Would Hand Mills Huge Profits [January 22,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/654/Indian_Sugar_Exports_Would_Hand_Mills_Huge_Profits/index.html]]></guid><description><![CDATA[Firm international sugar prices stand to earn Indian sugar groups make "handsome profits" from a return to exports &ndash; provided the country's government allows it.A long-expected recovery in the fortunes of Indian mills, delayed last year by vola.....]]></description><pubDate>January 22,2011</pubDate></item><item><title><![CDATA[Export Sops for Telecom, IT Scrapped [January 21,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/643/Export_Sops_for_Telecom_IT_Scrapped/index.html]]></guid><description><![CDATA[NEW DELHI: The Directorate General of Foreign Trade (DGFT) has withdrawn  benefits available to exporters of information technology (IT),  IT-enabled services, telecommunication and airlines services under the  Served from India scheme. &nbsp;Sectors.....]]></description><pubDate>January 21,2011</pubDate></item><item><title><![CDATA[Rupee Drops 12 Paise Against US Dollar in Early Trade [January 21,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/644/Rupee_Drops_12_Paise_Against_US_Dollar_in_Early_Trade/index.html]]></guid><description><![CDATA[Indian rupee edged lower against the greenback in morning trade. Rupee  was down by 12 paise or 0.12% against USD to Rs 45.65 compared to  previous close of 45.53. (09.59 a.m.)At 9.59 am, the Sensex was  trading down 51.12 points or 0.27% at 18,995.4.....]]></description><pubDate>January 21,2011</pubDate></item><item><title><![CDATA[Karnataka Iron Ore Export Decision Put Off Again [January 21,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/645/Karnataka_Iron_Ore_Export_Decision_Put_Off_Again/index.html]]></guid><description><![CDATA[The Supreme Court has put back to mid-February a decision on lifting a  ban on iron ore exports from Karnataka and asked the state to draw up  new rules for when the current ban expires at end-Jan, lawyers said on  Thursday.Exports of the key ingredi.....]]></description><pubDate>January 21,2011</pubDate></item><item><title><![CDATA[Sugar Declines on Production Estimates [January 21,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/646/Sugar_Declines_on_Production_Estimates/index.html]]></guid><description><![CDATA[Sugar spot prices and futures declined 0.19% and 0.34% respectively on  Wednesday with sugarcane crushing gathering pace in major producing  regions. Sugar output is up 15% till January 15, 2011 according to the  official of the food ministry.Accordi.....]]></description><pubDate>January 21,2011</pubDate></item><item><title><![CDATA[India Coal Imports May Fall [January 21,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/647/India_Coal_Imports_May_Fall/index.html]]></guid><description><![CDATA[NEW DELHI -- India's coal imports may fall this financial year after  extreme weather conditions in main producing countries pushed up global  prices, Coal Minister Sriprakash Jaiswal said Thursday.International  coal prices have surged in recent mon.....]]></description><pubDate>January 21,2011</pubDate></item><item><title><![CDATA[All Indian Pharma Exports To Require Barcodes From July [January 21,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/648/All_Indian_Pharma_Exports_To_Require_Barcodes_From_July/index.html]]></guid><description><![CDATA[All Indian pharma exports will soon require barcodes on primary,  secondary and tertiary packaging as part of anti-counterfeiting efforts.In  response to allegations India is a source of counterfeits, stemming, in  part, from discovery of &ldquo;Made.....]]></description><pubDate>January 21,2011</pubDate></item><item><title><![CDATA[Deora Seeks Customs Duty Cut on Crude Oil [January 20,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/637/Deora_Seeks_Customs_Duty_Cut_on_Crude_Oil/index.html]]></guid><description><![CDATA[NEW DELHI: The oil ministry has asked the finance ministry to roll back  customs and excise levies on crude oil and petroleum products imposed in  the Budget last year. It says the move will help avoid further pressure  on retail prices of petrol, di.....]]></description><pubDate>January 20,2011</pubDate></item><item><title><![CDATA[Indian Auto Industry's Contribution to Excise Duty Rrise by 54% [January 20,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/638/Indian_Auto_Industry's_Contribution_to_Excise_Duty_Rrise_by_54%/index.html]]></guid><description><![CDATA[Due to the continuous rise in automobile sales, the Government of India  has seen increase in profits over the last few years. The profit margin  rose to a new high last year, when the Indian Government collected Rs  11,901 crores as excise duty from.....]]></description><pubDate>January 20,2011</pubDate></item><item><title><![CDATA[Gurgaon SEZ Developers Run Into Water Hurdle [January 20,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/639/Gurgaon_SEZ_Developers_Run_Into_Water_Hurdle/index.html]]></guid><description><![CDATA[The fast-depleting groundwater table has become a major hurdle for  companies planning to set up special economic zones (SEZ) in Gurgaon.At the open house meeting for Export Oriented Units (EOU) and SEZ, organised by the Export Promotion Council here.....]]></description><pubDate>January 20,2011</pubDate></item><item><title><![CDATA[Textiles Sector Calls For Stable Growth Policy [January 20,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/640/Textiles_Sector_Calls_For_Stable_Growth_Policy/index.html]]></guid><description><![CDATA[Chennai, The Indian government should have a stable policy for the  textiles industry which needs to adopt a uniform growth plan, an experts  panel said here Wednesday.A panel discussion on 'Prospects of  Textile Exports' was organised by the Confede.....]]></description><pubDate>January 20,2011</pubDate></item><item><title><![CDATA[India Oilseeds, Soyoil Jump On Global Markets, Demand [January 20,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/641/India_Oilseeds_Soyoil_Jump_On_Global_Markets_Demand/index.html]]></guid><description><![CDATA[MUMBAI: Indian oilseeds and soyoil futures jumped on Wednesday, tracking  overseas gains and on healthy demand in local spot markets, analysts  said.Malaysian palm oil rose to a fresh one week high on  Wednesday, tracking comparative oils higher on p.....]]></description><pubDate>January 20,2011</pubDate></item><item><title><![CDATA[Dominican Exports to India Will Top US$20 Million, Official Says [January 20,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/642/Dominican_Exports_to_India_Will_Top_US$20_Million_Official_Says/index.html]]></guid><description><![CDATA[&nbsp;
SANTO DOMINGO. - Dominican Republic Export and  Investment Center (CEI-RD) director Eddy Martinez is confident that  exports to India will double this year, from around US$10 million to  US$20 million.He said the country exported US$58.9 mill.....]]></description><pubDate>January 20,2011</pubDate></item><item><title><![CDATA[Rupee Up by 10 Paise on Sluggish Dollar [January 19,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/631/Rupee_Up_by_10_Paise_on_Sluggish_Dollar/index.html]]></guid><description><![CDATA[The Indian rupee today snapped out of its three-day losing spree and recovered by ten paise to close at Rs 45.42/43 a dollar, following smart rally in local equities and a sluggish dollar overseas.Fresh dollar selling by exporters and some banks furt.....]]></description><pubDate>January 19,2011</pubDate></item><item><title><![CDATA[India May Impose 20 Percent Tax on Its Iron Ore Exports [January 19,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/632/India_May_Impose_20_Percent_Tax_on_Its_Iron_Ore_Exports/index.html]]></guid><description><![CDATA[The Press Trust of India reported on January 17 that the Indian government is planning to impose 20 percent export tax on iron ore, effective from April 1 for the fiscal year 2011-2012. According to the report, India's finance minister Pranab Mukherj.....]]></description><pubDate>January 19,2011</pubDate></item><item><title><![CDATA[S. Korea-India Trade Hits Record High on Free Trade Deal [January 19,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/633/S_Korea-India_Trade_Hits_Record_High_on_Free_Trade_Deal/index.html]]></guid><description><![CDATA[South Korea's trade with India jumped to a record high in 2010 thanks to expanded exchanges through a free trade deal that the two countries enforced early last year, Seoul's customs office said Tuesday.Trade between the two nations reached US$17.1 b.....]]></description><pubDate>January 19,2011</pubDate></item><item><title><![CDATA[Soyabean Gains Tracking Global Cues [January 19,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/634/Soyabean_Gains_Tracking_Global_Cues/index.html]]></guid><description><![CDATA[NCDEX February futures traded sharply higher and breached contract&rsquo;s high and touched a high of Rs 2512/qtl as firm global market sentiments on concern of dry weather in Argentina, which is third largest producer of soybean in the world. Lower .....]]></description><pubDate>January 19,2011</pubDate></item><item><title><![CDATA[India Boosts Coal Imports From South Africa News [January 19,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/635/India_Boosts_Coal_Imports_From_South_Africa_News/index.html]]></guid><description><![CDATA[Kolkata: India's coal purchases from South Africa for the month of December were up 54% from the same period last year on the back of rising domestic demand for fuel and disrupted supplies from flood-ravaged Australia.According to trader mJunction Se.....]]></description><pubDate>January 19,2011</pubDate></item><item><title><![CDATA[Sugar Drops on Sluggish Demand [January 19,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/636/Sugar_Drops_on_Sluggish_Demand/index.html]]></guid><description><![CDATA[Sugar prices declined 2.4% during the last week as the crushing is on in full swing in the domestic markets. Prices continued to trade lower in the current week and settled 1.81% lower on Monday.According to the agri ministry, Sugar exports have not .....]]></description><pubDate>January 19,2011</pubDate></item><item><title><![CDATA[RBI�s Payment Norms May Hit Tea Exports to Iran [January 18,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/626/RBI�s_Payment_Norms_May_Hit_Tea_Exports_to_Iran/index.html]]></guid><description><![CDATA[The tea industry fears that the recent RBI circular with regard to the settlement issue with Iran will hit India&rsquo;s tea exports to that country.RBI recently issued instructions that imports of oil from Iran should be settled outside the Asia Cle.....]]></description><pubDate>January 18,2011</pubDate></item><item><title><![CDATA[Chana Expected to Rise on Weak Arrivals [January 18,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/627/Chana_Expected_to_Rise_on_Weak_Arrivals/index.html]]></guid><description><![CDATA[




Chana rates firmed up last week as reports of adverse weather conditions in the North and West India delayed the arrivals even as demand flared up. Reports of delayed arrivals from AP and Karnataka due to the unseasonal rains last year alon.....]]></description><pubDate>January 18,2011</pubDate></item><item><title><![CDATA[Exporters Seek More Time to Carry Barcodes on Medicine Packs [January 18,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/628/Exporters_Seek_More_Time_to_Carry_Barcodes_on_Medicine_Packs/index.html]]></guid><description><![CDATA[The domestic drug industry has expressed serious concern over the central government's decision to make it mandatory to carry a barcode on every medicine pack meant for exports from July 1.The industry fears the new rules, if followed without change,.....]]></description><pubDate>January 18,2011</pubDate></item><item><title><![CDATA[Karnataka Eyes Indian Diaspora to Promote Dairy Exports [January 18,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/629/Karnataka_Eyes_Indian_Diaspora_to_Promote_Dairy_Exports/index.html]]></guid><description><![CDATA[Bangalore, As the second largest milk producer after Gujarat in India, Karnataka is eying the large Indian diaspora to promote dairy exports and make a mark in overseas markets with a range of ethnic sweets, from Mysore pak to peda.'We are getting a .....]]></description><pubDate>January 18,2011</pubDate></item><item><title><![CDATA[Gold, Silver Investments Surge in India [January 18,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/630/Gold_Silver_Investments_Surge_in_India/index.html]]></guid><description><![CDATA[MUMBAI : Despite the zooming prices, demand for gold and investments continues to surge in India, one of the largest global marketplaces for the bullion metals.Gold and silver imports by India are set to touch record levels in 2010, according to earl.....]]></description><pubDate>January 18,2011</pubDate></item><item><title><![CDATA[FDI in Services Sector Dip by 30 pc in Apr-Oct 2010 [January 13,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/621/FDI_in_Services_Sector_Dip_by_30_pc_in_Apr-Oct_2010/index.html]]></guid><description><![CDATA[NEW DELHI: India's foreign direct investment (FDI) inflows in services sector dipped by 30 per cent to USD 2.16 billion (Rs 9,933 crore) during April-October this fiscal, according to the Industry Ministry's latest data.The financial and non-financia.....]]></description><pubDate>January 13,2011</pubDate></item><item><title><![CDATA[GIft from Vibrant Gujarat Global Investors� Summit: SEZ, SIR, and DMIC [January 13,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/622/GIft_from_Vibrant_Gujarat_Global_Investors�_Summit_SEZ_SIR_and_DMIC/index.html]]></guid><description><![CDATA[The end of this decade is a good time to ruminate on all these acronyms we have been tossing at you over the last few years; and how, if at all, they have made a difference.SEZ (Special Economic Zone), SIR (Special Investment Region) are amongst the .....]]></description><pubDate>January 13,2011</pubDate></item><item><title><![CDATA[ISMA Seeks Govt Permission to Export Sugar [January 13,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/623/ISMA_Seeks_Govt_Permission_to_Export_Sugar/index.html]]></guid><description><![CDATA[ISMA, the apex sugar industry body, today demanded the government immediately allow export of at least 5 lakh tonnes of sweetener to ensure that mills are able to pay sugarcane farmers.On the government's recent decision to abolish import duty till M.....]]></description><pubDate>January 13,2011</pubDate></item><item><title><![CDATA[Government Mulls More Sops for Textile Exports [January 13,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/624/Government_Mulls_More_Sops_for_Textile_Exports/index.html]]></guid><description><![CDATA[NEW DELHI: The government is considering more export sops for the textile industry, especially readymade garment producers who are still struggling to regain their foothold in the demand-hit traditional markets of the US and the European Union.Commer.....]]></description><pubDate>January 13,2011</pubDate></item><item><title><![CDATA[India�s Coal Imports Rose by 14 Percent in 2010, ICMW Says [January 13,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/625/India�s_Coal_Imports_Rose_by_14_Percent_in_2010_ICMW_Says/index.html]]></guid><description><![CDATA[India&rsquo;s coal imports rose by 14 percent last year to 86.28 million metric tons from 2009, India Coal Market Watch said in an e-mailed note, citing port data.Imports of coking coal, used in steel making, totaled 25.8 million tons and the rest wa.....]]></description><pubDate>January 13,2011</pubDate></item><item><title><![CDATA[Goa�s Withdrawl of SEZ Policy Challenged in Supreme Court [January 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/609/Goa�s_Withdrawl_of_SEZ_Policy_Challenged_in_Supreme_Court/index.html]]></guid><description><![CDATA[Supreme Court of India today issued notice to Centre and State Government of Goa over dispute relating to state governments&rsquo; decision to scrap setting up of Special Economic Zones (SEZ) and withdrawal of its SEZ policy.K. Raheja Corporation Pvt.....]]></description><pubDate>January 11,2011</pubDate></item><item><title><![CDATA[Rupee up 12 Paise Against Dollar in Early Trade [January 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/610/Rupee_up_12_Paise_Against_Dollar_in_Early_Trade/index.html]]></guid><description><![CDATA[MUMBAI: The Indian rupee gained 12 paise to Rs 45.33 against the US dollar in early trade at the Interbank Foreign Exchange today, supported by a higher opening in the stock market and weakness of the American currency against other major currencies......]]></description><pubDate>January 11,2011</pubDate></item><item><title><![CDATA[Duty-Free Sugar Imports Extended Till March 31 [January 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/611/Duty-Free_Sugar_Imports_Extended_Till_March_31/index.html]]></guid><description><![CDATA[As a preemptive measure against rising food inflation, the government today extended the zero-duty regime on refined and raw sugar imports by three months to March 31.In April 2009, the government had done away with import duty on sugar following a s.....]]></description><pubDate>January 11,2011</pubDate></item><item><title><![CDATA[Cheap Chinese Copies Shrink India's Silk Sari Industry [January 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/612/Cheap_Chinese_Copies_Shrink_India's_Silk_Sari_Industry/index.html]]></guid><description><![CDATA[NEW DELHI, Jan 8, 2011 - For centuries, the stunning silk saris woven by hand in the holy city of Varanasi have been prized by Indian women, but an influx of cheap Chinese-made copies is destroying the local industry.Badruddin Ansari, one of the few .....]]></description><pubDate>January 11,2011</pubDate></item><item><title><![CDATA[Govt to Adopt Cautious Approach on Export of Agri-Items [January 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/613/Govt_to_Adopt_Cautious_Approach_on_Export_of_Agri-Items/index.html]]></guid><description><![CDATA[New Delhi, (PTI) The government will adopt a cautious approach on allowing export of agricultural items in view of high food inflation of over 18 per cent, Food and Agriculture Minister Sharad Pawar said today.However, he said that there is no plan t.....]]></description><pubDate>January 11,2011</pubDate></item><item><title><![CDATA[White Sugar Rises for Second Day on Indian Export Speculation [January 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/614/White_Sugar_Rises_for_Second_Day_on_Indian_Export_Speculation/index.html]]></guid><description><![CDATA[White sugar rose for a second day in London on speculation that India will limit exports. Raw sugar declined in New York trading.India, the world's second-biggest sugar producer, said Jan. 7 it may delay shipments in an attempt to curb food-price inf.....]]></description><pubDate>January 11,2011</pubDate></item><item><title><![CDATA[Trucks Loaded, Traders Willing Yet Onions Held Up in Pak [January 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/615/Trucks_Loaded_Traders_Willing_Yet_Onions_Held_Up_in_Pak/index.html]]></guid><description><![CDATA[Traders in Amritsar say 300 trucks carrying 3,000 tonnes of onions are waiting for a signal from the Pak govt to cross into IndiaThere is still no sign of Pakistan resuming supply of onions to India despite requests made through diplomatic channels. .....]]></description><pubDate>January 11,2011</pubDate></item><item><title><![CDATA[Chana Prices Soar on Supply Worries [January 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/616/Chana_Prices_Soar_on_Supply_Worries/index.html]]></guid><description><![CDATA[CHANDIGARH | PUNE: Owing to a delay in new crop reaching the markets, chana prices have surged by 8% to Rs 2,379 a quintal in the past one week. A poor production in Australia could further inflate the prices to Rs 2,600 in the coming months, say tra.....]]></description><pubDate>January 11,2011</pubDate></item><item><title><![CDATA[No Fresh Tax Cuts, But Govt May Retain Slump-Year Props [January 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/617/No_Fresh_Tax_Cuts_But_Govt_May_Retain_Slump-Year_Props/index.html]]></guid><description><![CDATA[NEW DELHI: The industry made a strong pitch for a cut in corporate tax to 25% from 30%, retaining the fiscal stimulus measures and further protection for local businesses.Industries bodies also sought more sops for exports and status quo on excise du.....]]></description><pubDate>January 11,2011</pubDate></item><item><title><![CDATA[Soy Oil Trades Down on Selling Pressure [January 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/618/Soy_Oil_Trades_Down_on_Selling_Pressure/index.html]]></guid><description><![CDATA[The refined soy oil futures traded on a positive note in early trade of Monday on extended buying interest supported by strong overseas market.International markets were trading on a positive on bullish crop outlook on Wednesday. Higher landed price .....]]></description><pubDate>January 11,2011</pubDate></item><item><title><![CDATA[Govt Makes It Mandatory for Drug Exporters to Affix Barcodes [January 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/619/Govt_Makes_It_Mandatory_for_Drug_Exporters_to_Affix_Barcodes/index.html]]></guid><description><![CDATA[New Delhi, (PTI) The government today made it mandatory for drug exporter to affix barcodes on their products to facilitate tracing and tracking of consignments.The move follows reports that fake drugs with ''Made in India'' tag were exported by some.....]]></description><pubDate>January 11,2011</pubDate></item><item><title><![CDATA[Rupee Gains as Exporters Convert Earnings [January 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/620/Rupee_Gains_as_Exporters_Convert_Earnings/index.html]]></guid><description><![CDATA[The rupee rose the most in more than a month, snapping a two-day drop, on speculation exporters converted earnings into the local currency at a more-favourable exchange rate.The rupee appreciated 0.6% to 45.165 per dollar at the close of trade on Tue.....]]></description><pubDate>January 11,2011</pubDate></item><item><title><![CDATA[Rupee Gains 2 Paise Against US Dollar in Early Trade [January 10,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/605/Rupee_Gains_2_Paise_Against_US_Dollar_in_Early_Trade/index.html]]></guid><description><![CDATA[Indian rupee edged higher against the greenback in morning trade. Rupee was up by 2 paise or 0.02% against USD to Rs 45.35 compared to previous close of 45.38. (09.53 a.m.)At 9.54., the Sensex was trading down 105.52 points or 0.54% at 19,586.29 with.....]]></description><pubDate>January 10,2011</pubDate></item><item><title><![CDATA[Govt to Allocate Cotton Export Quota Tomorrow [January 10,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/606/Govt_to_Allocate_Cotton_Export_Quota_Tomorrow/index.html]]></guid><description><![CDATA[The government will reopen from tomorrow opportunity for cotton exports, allocating specific quantity for traders, subject to overall ceiling of 2.5 million bales. In the wake of high domestic cotton prices, the government had fixed an export limit o.....]]></description><pubDate>January 10,2011</pubDate></item><item><title><![CDATA[Gold demand Likely to Remain Robust This Year Too [January 10,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/607/Gold_demand_Likely_to_Remain_Robust_This_Year_Too/index.html]]></guid><description><![CDATA[Demand for gold was strong in India during 2010 despite an escalation in prices as consumers saw the yellow metal as a safe investment which could protect them from economic uncertainty. The prices climbed as much as 30% to touch a record as dollar w.....]]></description><pubDate>January 10,2011</pubDate></item><item><title><![CDATA[Plea for Ban on Export of Cotton Waste [January 10,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/608/Plea_for_Ban_on_Export_of_Cotton_Waste/index.html]]></guid><description><![CDATA[Madurai, Jan 9 (PTI) The Madurai Textile Exporters Association today demanded a ban on export of cotton waste to rein in the prices of cotton yarn and suggested regulated export of raw cotton to protect domestic textile units.The move to allow export.....]]></description><pubDate>January 10,2011</pubDate></item><item><title><![CDATA[Latest Indian Cotton Output Figures Surpass Earlier Estimates Figures  [January 07,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/599/Latest_Indian_Cotton_Output_Figures_Surpass_Earlier_Estimates_Figures_/index.html]]></guid><description><![CDATA[Raw cotton production in India in the 2010-11 season is expected to climb to 32.9 million bales (1 bale = 170 kg) from the previously assessed figure of 32.5 million bales made in August by the Cotton Advisory Board (CAB).The latest assessment was ar.....]]></description><pubDate>January 07,2011</pubDate></item><item><title><![CDATA[Shortfall in Pulses Output to Pressure Food Prices: ASSOCHAM [January 07,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/600/Shortfall_in_Pulses_Output_to_Pressure_Food_Prices_ASSOCHAM/index.html]]></guid><description><![CDATA[Though there has been an increase&nbsp; in the Kharif pulses production estimated to be 6 MT in 2010-11 as compared to 4.30 MT in 2009-10, the gap in demand supply is likely to be widened further due to change in the consumption pattern both in urban.....]]></description><pubDate>January 07,2011</pubDate></item><item><title><![CDATA[Malaysia To Expand Timber Trade With India [January 07,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/601/Malaysia_To_Expand_Timber_Trade_With_India/index.html]]></guid><description><![CDATA[NEW DELHI,&nbsp; Buoyed by rising demand for timber products in India, Malaysia is drawing plans to expand its timber trade with India -- boosting exports and inviting Indian companies to invest in Sarawak.A delegation led by Deputy Minister of Plant.....]]></description><pubDate>January 07,2011</pubDate></item><item><title><![CDATA[India, China to Continue Leading Asian Economic Growth: IMF [January 07,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/602/India_China_to_Continue_Leading_Asian_Economic_Growth_IMF/index.html]]></guid><description><![CDATA[The International Monetary Fund (IMF) has said that India and China would continue to lead theeconomic growth story of this continent."We expect growth to remain strong. We expect it to settle at a more sustainable rate of about 7 per centfor Asia as.....]]></description><pubDate>January 07,2011</pubDate></item><item><title><![CDATA[Iron Ore Key Indexes Steady at 8 Month Highs [January 07,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/603/Iron_Ore_Key_Indexes_Steady_at_8_Month_Highs/index.html]]></guid><description><![CDATA[Reuters reported that Asian spot iron ore prices remained firm recently propped up by demand from top buyer China and concern those global supplies could tighten if severe floods in Australia disrupt exports.Commonwealth Bank of Australia said in a n.....]]></description><pubDate>January 07,2011</pubDate></item><item><title><![CDATA[Turmeric Likely to Gain On Lower Stocks [January 07,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/604/Turmeric_Likely_to_Gain_On_Lower_Stocks/index.html]]></guid><description><![CDATA[Turmeric rates stabilized at the lower levels as traders waited for demand to pick up in the mandis after the fall seen the last few days. Traders are reportedly waiting for new crop arrivals to initiate fresh demand. Clearer skies in growing areas i.....]]></description><pubDate>January 07,2011</pubDate></item><item><title><![CDATA[Govt Defers Decision on Freeing Urea Prices [January 06,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/593/Govt_Defers_Decision_on_Freeing_Urea_Prices/index.html]]></guid><description><![CDATA[The government has deferred its decision to free the prices of urea for now and bringing it under the Nutrient Based Subsidy (NBS) policy regime even as a panel of secretaries has been asked to work out a viable model for decontrolling the prices.In .....]]></description><pubDate>January 06,2011</pubDate></item><item><title><![CDATA[Trade with India to Cross 1 bn Euros in 10 yrs: Netherlands [January 06,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/594/Trade_with_India_to_Cross_1_bn_Euros_in_10_yrs_Netherlands/index.html]]></guid><description><![CDATA[New Delhi, (PTI) Bilateral trade in agri-products between India and the Netherlands is expected to cross 1 billion euros in the next 10 years, a senior agriculture official from the European country said."Last year, the total trade between India and .....]]></description><pubDate>January 06,2011</pubDate></item><item><title><![CDATA[India-Japan EPA will Boost Textile Trade, Director - METI [January 06,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/595/India-Japan_EPA_will_Boost_Textile_Trade_Director_-_METI/index.html]]></guid><description><![CDATA[




&ldquo;Once the EPA is signed, most of the products traded between the countries will attract zero percent duty and will help boost textile trade and as a first step we would like to aggressively promote Japanese textiles in the Indian mark.....]]></description><pubDate>January 06,2011</pubDate></item><item><title><![CDATA[Soybean Trades Up on Global Cues [January 06,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/596/Soybean_Trades_Up_on_Global_Cues/index.html]]></guid><description><![CDATA[Extended profit booking backed by weak overseas market led the Indian soybean futures to trade on a weaker note on Tuesday.Indian traders sold soybeans futures on report of Bird Flu in South Korea. Outbreak of bird flu reduces the demand for soy meal.....]]></description><pubDate>January 06,2011</pubDate></item><item><title><![CDATA[Car Exports Decline But Auto Makers Unfazed [January 06,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/597/Car_Exports_Decline_But_Auto_Makers_Unfazed/index.html]]></guid><description><![CDATA[Car exports from India are declining due to sluggish demand in Europe, but experts say this allows auto makers to sell more in the robust domestic market and boost profit margins. Maruti Suzuki India Ltd's car exports shrunk by one-third in December .....]]></description><pubDate>January 06,2011</pubDate></item><item><title><![CDATA[Novel Protest by Farmers Against Ban on Export [January 06,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/598/Novel_Protest_by_Farmers_Against_Ban_on_Export/index.html]]></guid><description><![CDATA[NAGPUR: Independent and maverick MLA from Achalpur in Amravati district, Bacchu Kadu has once again come up with a novel idea of protest. This time he will be leading around 5000 farmers, who will drive their bullock carts loaded with agriculture pro.....]]></description><pubDate>January 06,2011</pubDate></item><item><title><![CDATA[RBI Allows 7 Banks to Import Gold, Silver [January 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/586/RBI_Allows_7_Banks_to_Import_Gold_Silver/index.html]]></guid><description><![CDATA[As per the data on the RBI website, other banks who have been given  permission by the apex bank to import the yellow and white metal are  Karur Vysya Bank, Punjab &amp; Sind Bank, South Indian Bank, State Bank  of Bikaner &amp; Jaipur, State Bank of.....]]></description><pubDate>January 04,2011</pubDate></item><item><title><![CDATA[Cheap Chinese Copies Hit Indian Silk Sari Trade [January 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/587/Cheap_Chinese_Copies_Hit_Indian_Silk_Sari_Trade/index.html]]></guid><description><![CDATA[NEW DELHI &nbsp; For centuries, the stunning silk saris woven by hand in the holy city of Varanasi have been prized by Indian women, but an influx of cheap Chinese-made copies is destroying the local industry.Badruddin Ansari, one of the few weavers .....]]></description><pubDate>January 04,2011</pubDate></item><item><title><![CDATA[Rupee Down 24 Paise Against Dollar in Morning Trade [January 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/588/Rupee_Down_24_Paise_Against_Dollar_in_Morning_Trade/index.html]]></guid><description><![CDATA[The Indian rupee fell sharply by 24 paise to Rs 45.22 against the U.S. dollar in early trade on Wednesday, extending yesterday&rsquo;s weakness at the Interbank Foreign Exchange today, weighed down by the dollar&rsquo;s gains against currencies.Forex.....]]></description><pubDate>January 04,2011</pubDate></item><item><title><![CDATA[FDI Dips by About 7% to $1.6 bn in Nov [January 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/589/FDI_Dips_by_About_7%_to_$16_bn_in_Nov/index.html]]></guid><description><![CDATA[With economic recovery in the rich countries remaining fragile, FDI inflows to India dipped for the second consecutive month, falling by about 7 per cent to USD 1.6 billion in November 2010 over the same period last year.In November 2009, FDI stood a.....]]></description><pubDate>January 04,2011</pubDate></item><item><title><![CDATA[India: Garlic Prices Set to Fall in Feb [January 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/590/India_Garlic_Prices_Set_to_Fall_in_Feb/index.html]]></guid><description><![CDATA[Adding a pinch of garlic could make all the difference to your palate and purse as the commodity soars to new heights on the back of a global shortage. Market prices have touched record highs on the back of good domestic and export demand with the Ch.....]]></description><pubDate>January 04,2011</pubDate></item><item><title><![CDATA[Pepper Gains on Domestic Demand [January 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/591/Pepper_Gains_on_Domestic_Demand/index.html]]></guid><description><![CDATA[Lower global availability of pepper in 2011 is providing strengthen to the bulls in the market. Also, Vietnam the largest producer and exporter is estimated to produce less pepper by 15%. This may further support the prices in the short term.Also, de.....]]></description><pubDate>January 04,2011</pubDate></item><item><title><![CDATA[Duty Cut on Skimmed Milk Powder on Cards to Cool Prices [January 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/592/Duty_Cut_on_Skimmed_Milk_Powder_on_Cards_to_Cool_Prices/index.html]]></guid><description><![CDATA[The government plans to import skimmed milk powder and butter oil at concessional duties to cool rising prices of dairy products. Milk prices in December were higher by 17.75% from a year ago after having risen more than 20% the year before. Skimmed .....]]></description><pubDate>January 04,2011</pubDate></item><item><title><![CDATA[Pakistani Onions to be Released on Tuesday: JNPT [January 03,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/582/Pakistani_Onions_to_be_Released_on_Tuesday_JNPT/index.html]]></guid><description><![CDATA[The Jawarhalal Nehru Port Trust (JNPT) on Monday said that the Pakistani  onions pending for release at the port since December 29 would be  released tomorrow as the scanning by the Customs was over this evening.The 200 tonne onions shipped from the .....]]></description><pubDate>January 03,2011</pubDate></item><item><title><![CDATA[Govt May cut FDI to 49 Per Cent in Pharma Industry [January 03,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/583/Govt_May_cut_FDI_to_49_Per_Cent_in_Pharma_Industry/index.html]]></guid><description><![CDATA[The Government is expected to soon take a call on slashing the foreign  direct investment (FDI) limit in the pharmaceutical sector in order to  bring down the prices of drugs, chiefly essential drugs. It is mulling  capping the FDI in the sector at 4.....]]></description><pubDate>January 03,2011</pubDate></item><item><title><![CDATA[Soy Oil Gains on Overseas Demand [January 03,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/584/Soy_Oil_Gains_on_Overseas_Demand/index.html]]></guid><description><![CDATA[The refined soy oil futures started the year 2011 on a positive note as  prices opened sharply higher tracking a rally in overseas market.Supply  concern due to unfavourable weather condition in major producing  countries led the CBOT soy oil futures.....]]></description><pubDate>January 03,2011</pubDate></item><item><title><![CDATA[Turmeric Likely to Plunge on Increased Arrivals [January 03,2011]]]></title><guid><![CDATA[http://www.tradebits.in/news/585/Turmeric_Likely_to_Plunge_on_Increased_Arrivals/index.html]]></guid><description><![CDATA[Weak trend was noted for Turmeric as demand got affected at the higher  levels. With skies clearing up in the growing areas in AP and Karnataka  this pressurized the market sentiments. Lower stocks and reports of  delayed arrivals from the unseasonal.....]]></description><pubDate>January 03,2011</pubDate></item><item><title><![CDATA[Rupee Gains 9 Paise Against US Dollar in Early Trade [December 23,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/577/Rupee_Gains_9_Paise_Against_US_Dollar_in_Early_Trade/index.html]]></guid><description><![CDATA[MUMBAI: The Indian rupee rose by 9 paise to Rs 45 against the US dollar  today, extending its winning streak for the third consecutive session on  the back of sustained dollar inflows into the domestic equity market  and gains made by other Asian cur.....]]></description><pubDate>December 23,2010</pubDate></item><item><title><![CDATA[India Ramps Up Shrimp Exports to US, Japan [December 23,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/578/India_Ramps_Up_Shrimp_Exports_to_US_Japan/index.html]]></guid><description><![CDATA[Indian seafood exports increased 15.4% in rupee terms and 21.5% in  dollar terms during the April to October period on the strength of  higher demand for shrimp from the US and Japan.Improved exports  of squid to the EU markets have also contributed .....]]></description><pubDate>December 23,2010</pubDate></item><item><title><![CDATA[Curbs on Export of Cotton, Yarn [December 23,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/579/Curbs_on_Export_of_Cotton_Yarn/index.html]]></guid><description><![CDATA[NEW DELHI: After the onion fiasco, the government does not seem to be  taking any chances with cotton and cotton yarn, which provide livelihood  to over 6 crore farmers and industry workers.On Wednesday, it  restricted the export of cotton yarn in th.....]]></description><pubDate>December 23,2010</pubDate></item><item><title><![CDATA[Pepper May Drop on Weak Exports [December 23,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/580/Pepper_May_Drop_on_Weak_Exports/index.html]]></guid><description><![CDATA[A weak trend was noted for Pepper as lower trading activities kept  pressure on the prices. Weak exports and weakness in International  markets from lack of exports there are keeping trend weak for the  commodity. Traders are reportedly waiting for s.....]]></description><pubDate>December 23,2010</pubDate></item><item><title><![CDATA[India's Buffalo Meat Export to Surge on Cost Advantage [December 23,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/581/India's_Buffalo_Meat_Export_to_Surge_on_Cost_Advantage/index.html]]></guid><description><![CDATA[COIMBATORE: India, the fourth largest buffalo meat exporter in the  world, is looking to cash in on its price advantage to compete in the  global market. The Rs 7,000-crore industry has already set its sights on  newer markets like CIS countries this.....]]></description><pubDate>December 23,2010</pubDate></item><item><title><![CDATA[Govt Extends Deadline for Cotton Exporters [December 20,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/572/Govt_Extends_Deadline_for_Cotton_Exporters/index.html]]></guid><description><![CDATA[The government has finally decided to give more time to cotton exporters  who were not able to meet the earlier deadline of December 15, 2010 and  ship the volume of cotton they had registered with the Textile  Commissioners Office.The government had.....]]></description><pubDate>December 20,2010</pubDate></item><item><title><![CDATA[Weak Global Recovery Puts Squeeze on FDI Flows [December 20,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/573/Weak_Global_Recovery_Puts_Squeeze_on_FDI_Flows/index.html]]></guid><description><![CDATA[NEW DELHI: India received less foreign direct investment in 2010 than  the previous year, courtesy a modest recovery in the global economy  which reduced the risk and expansion appetite of corporates across the  world.Foreign Direct Investment (FDI) .....]]></description><pubDate>December 20,2010</pubDate></item><item><title><![CDATA[India-Russia Set $20 billion Trade Target in 5 years [December 20,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/574/India-Russia_Set_$20_billion_Trade_Target_in_5_years/index.html]]></guid><description><![CDATA[NEW DELHI: India and Russia have set a target of more than quadrupling  the bilateral trade to $20 billion in five years. The two countries  identified pharmaceuticals, energy, IT &amp; communication, chemicals  &amp; fertilisers and banking &amp; fi.....]]></description><pubDate>December 20,2010</pubDate></item><item><title><![CDATA[India Faces Three-Year Renewal of EU Tariffs on Shipping Ropes [December 20,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/575/India_Faces_Three-Year_Renewal_of_EU_Tariffs_on_Shipping_Ropes/index.html]]></guid><description><![CDATA[The European Union renewed 12-year- old tariffs on synthetic fiber ropes  from India to shield Portuguese, Greek and other producers in the bloc  from imports rendered &ldquo;insignificant&rdquo; by the trade protection.The  27-nation EU re-imposed t.....]]></description><pubDate>December 20,2010</pubDate></item><item><title><![CDATA[India Exports Potato Flakes to Israel [December 20,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/576/India_Exports_Potato_Flakes_to_Israel/index.html]]></guid><description><![CDATA[Israel has started importing potato flakes from India after an international food processing fair.Recently, 40 tonnes of potato flakes, grown in Hooghly (West-Bengal), were shipped to Israel on a trial basis.Should  the dehydrated potatoes from near .....]]></description><pubDate>December 20,2010</pubDate></item><item><title><![CDATA[Track & Trace System to be in Place Soon to Ensure Quality of Drug Exports [December 19,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/567/Track_&_Trace_System_to_be_in_Place_Soon_to_Ensure_Quality_of_Drug_Exports/index.html]]></guid><description><![CDATA[Aiming to control the export of counterfeit drugs from the country, the  ministry of commerce is contemplating to implement the track and trace  system for all the medicines that are exported from India. The  stakeholders have already submitted their.....]]></description><pubDate>December 19,2010</pubDate></item><item><title><![CDATA[India May Import Less Thermal Coal Than Target; Hydro power Output Rises [December 19,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/568/India_May_Import_Less_Thermal_Coal_Than_Target;_Hydro_power_Output_Rises/index.html]]></guid><description><![CDATA[India&rsquo;s power-station coal imports may be 24 percent less than estimated  by the nation&rsquo;s Planning Commission after the most rainfall in three  years boosted electricity generation from water, reducing demand for the  fuel.The South Asian.....]]></description><pubDate>December 19,2010</pubDate></item><item><title><![CDATA[Gold Jewellery Sales Increase 20% in Last Fortnight [December 19,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/569/Gold_Jewellery_Sales_Increase_20%_in_Last_Fortnight/index.html]]></guid><description><![CDATA[Jewellery retailers witnessed a 20 per cent increase in the sale of  ornaments during the last fortnight. The rise was due to more consumer  footfalls following a 1.6 per cent correction in prices.Mumbai-based  Jugraj Kantilal &amp; Co witnessed retu.....]]></description><pubDate>December 19,2010</pubDate></item><item><title><![CDATA[Indo-Russian Trade Set to Touch $7b by FY11 [December 19,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/570/Indo-Russian_Trade_Set_to_Touch_$7b_by_FY11/index.html]]></guid><description><![CDATA[Trade experts see im mense bilateral trade oppor tunities between India  and Russia ahead of Russian president Dmitry Medvedev's official visit  to India between December 20 and 22."With higher purchasing  power and extreme climatic conditions, Russi.....]]></description><pubDate>December 19,2010</pubDate></item><item><title><![CDATA[HK Overtakes US as Top Market for Indian Silk [December 19,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/571/HK_Overtakes_US_as_Top_Market_for_Indian_Silk/index.html]]></guid><description><![CDATA[Hong Kong has become the biggest export market for Indian silk overtaking the United States.According  to a data available with the state-owned Central Silk Board (CSB), the  apex body of Indian silk industry, silk exports to Hong Kong touched Rs  89.....]]></description><pubDate>December 19,2010</pubDate></item><item><title><![CDATA[India Silver Imports to Hit 1200 Tonnes in 2010 [December 18,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/563/India_Silver_Imports_to_Hit_1200_Tonnes_in_2010/index.html]]></guid><description><![CDATA[MUMBAI : India, the largest consumers of gold and silver in the world,  is setting new records in the import of silver this year. Spurred by  huge industrial and investment demand, silver import by India is likely  to hit a record high this year.Acco.....]]></description><pubDate>December 18,2010</pubDate></item><item><title><![CDATA[Govt Urged To Raise Export Quota to 9 Million Bales [December 18,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/564/Govt_Urged_To_Raise_Export_Quota_to_9_Million_Bales/index.html]]></guid><description><![CDATA[As the time limit for cotton exports was over on December 15, various  farmers&rsquo; organizations are trying to raise the ceiling on cotton exports  from the present 5.5 million bales to some 9 million bales (one bale =  170 kg).These farmers&rsquo.....]]></description><pubDate>December 18,2010</pubDate></item><item><title><![CDATA[Yarn Woe Sends Tirupur Exporters Into a Tizzy [December 18,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/565/Yarn_Woe_Sends_Tirupur_Exporters_Into_a_Tizzy/index.html]]></guid><description><![CDATA[The ever spiraling price of cotton yarn is sending the knitting and  garment export hub of India, Tirupur in to a tizzy. According to the  exporters, since the yarn price is not stable, they are very careful  when accepting new orders.For example, th.....]]></description><pubDate>December 18,2010</pubDate></item><item><title><![CDATA[Indian, Chinese Reduced Interest Pushes Down Soybean's Price [December 18,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/566/Indian_Chinese_Reduced_Interest_Pushes_Down_Soybean's_Price/index.html]]></guid><description><![CDATA[The belief that the two countries with the biggest use of palm oil might  reduce their purchases prompted the commodity&rsquo;s futures to slip,  Bloomberg reports.Recent purchase records for China and India  are weak, according to the director of Si.....]]></description><pubDate>December 18,2010</pubDate></item><item><title><![CDATA[India-Ethiopia Trade Touches US $ 272 Million � Potential to Further Increase Bilateral Trade: Anand [December 03,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/553/India-Ethiopia_Trade_Touches_US_$_272_Million_�_Potential_to_Further_Increase_Bilateral_Trade_Anand/index.html]]></guid><description><![CDATA[Shri Anand Sharma, Union Minister of Commerce and Industry during the  bilateral meeting with Mr. Hailemariam Desalegn, Deputy Prime Minister  and foreign Minister of Ethiopia here today, expressed satisfaction at  the impressive growth in bilateral .....]]></description><pubDate>December 03,2010</pubDate></item><item><title><![CDATA[India Lacks in Enough Foodgrains Stocks for Exports: FCI [December 03,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/554/India_Lacks_in_Enough_Foodgrains_Stocks_for_Exports_FCI/index.html]]></guid><description><![CDATA[In the next five years, procurement has to increase by roughly 10  million tonnes from 60 million tonnes at present to 70 million tonnes,  Hussain said, adding that states have to increase quantum of procurement  to achieve this.India does not have e.....]]></description><pubDate>December 03,2010</pubDate></item><item><title><![CDATA[Imports Grow at Slowest in 12 Months [December 03,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/555/Imports_Grow_at_Slowest_in_12_Months/index.html]]></guid><description><![CDATA[Merchandise imports grew at the slowest pace in 12 months in October on a  lower oil bill and a high base, even as petroleum prices have risen.Imports  grew 6.8% to $25.9 billion ('1.18 trillion) in October, commerce  ministry data showed. While oil .....]]></description><pubDate>December 03,2010</pubDate></item><item><title><![CDATA[Snow in Europe to Boost Oil Price, Widen India�s Trade Gap: Khullar [December 03,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/556/Snow_in_Europe_to_Boost_Oil_Price_Widen_India�s_Trade_Gap_Khullar/index.html]]></guid><description><![CDATA[India&rsquo;s merchandise trade deficit the excess of imports over exports  could be more than $135 billion in 2010-11, putting further strain on  the current account, due to an expected oil price spiral caused by  Europe&rsquo;s extreme weather, com.....]]></description><pubDate>December 03,2010</pubDate></item><item><title><![CDATA[India's Economic Growth May Surpass China's in Next 10 Years, Roubini Says [December 03,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/557/India's_Economic_Growth_May_Surpass_China's_in_Next_10_Years_Roubini_Says/index.html]]></guid><description><![CDATA[India&rsquo;s economy may expand more than China&rsquo;s in the next 10 years if the  world&rsquo;s second-most populous nation lifts curbs on foreign investment  in retail and boosts spending on roads and bridges, Nouriel Roubini  said.&ldquo;I&rsqu.....]]></description><pubDate>December 03,2010</pubDate></item><item><title><![CDATA[Synthetic Rubber Mkt to Clock Double-Digit Growth [December 03,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/558/Synthetic_Rubber_Mkt_to_Clock_Double-Digit_Growth/index.html]]></guid><description><![CDATA[On the back of a strong demand for synthetic rubber in auto and tyre  industries, coupled with lower natural rubber production due to heavy  rains in Kerala, rubber chemicals industry leader Lanxess sees synthetic  rubber market in India logging doub.....]]></description><pubDate>December 03,2010</pubDate></item><item><title><![CDATA[Pepper Slides On Selling At Higher Levels On NCDEX [December 03,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/559/Pepper_Slides_On_Selling_At_Higher_Levels_On_NCDEX/index.html]]></guid><description><![CDATA[Indian pepper futures pared the previous gains on short selling at  higher levels, despite the firm fundamentals. The benchmark December  pepper contract on NCDEX slipped to the low of Rs. 22361 after hitting  the high of Rs. 22,491 per 100 kg. The c.....]]></description><pubDate>December 03,2010</pubDate></item><item><title><![CDATA[Food Grains Export Unlikely in Near Term [December 03,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/560/Food_Grains_Export_Unlikely_in_Near_Term/index.html]]></guid><description><![CDATA[The Centre would not allow export of wheat and rice in the near term as  it aims to build a larger grain buffer, a senior government official  said on Wednesday. &ldquo;Stocks are higher but not higher to an extent where  we can export,&rdquo; Siraj .....]]></description><pubDate>December 03,2010</pubDate></item><item><title><![CDATA[India May Export Bt Cotton Seeds to Pakistan [December 03,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/561/India_May_Export_Bt_Cotton_Seeds_to_Pakistan/index.html]]></guid><description><![CDATA[NEW DEHLI: Indian companies are planning to export Bacillus  thuringiensis (Bt) cotton seeds to Pakistan for trial purposes due to  growing demand of the hybrid variety.In the last six months, at  least three Indian companies have got the nod from th.....]]></description><pubDate>December 03,2010</pubDate></item><item><title><![CDATA[India Regulators Need to Inspect Chinese Production Facilities Before Imports: Dr G.G Nair [December 03,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/562/India_Regulators_Need_to_Inspect_Chinese_Production_Facilities_Before_Imports_Dr_GG_Nair/index.html]]></guid><description><![CDATA[Indian regulatory authorities should insist on  inspection of Chinese manufacturing premises for GMP/GLC standards as  they do in the case of Indian drug manufacturers, said Dr Gopakumar G  Nair, Patent Attorney &amp; Advisor-Pharmexcil.He was speaki.....]]></description><pubDate>December 03,2010</pubDate></item><item><title><![CDATA[FDI In Multi-brand Retail Under Consideration: Govt [December 02,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/548/FDI_In_Multi-brand_Retail_Under_Consideration_Govt/index.html]]></guid><description><![CDATA[An inter-ministerial committee is examining a discussion paper released  by the Department of Industrial Policy and Promotion on 'foreign direct  investment in multi-brand retail trading,' Prof. K.V. Thomas, Minister  of State for Agriculture, Consum.....]]></description><pubDate>December 02,2010</pubDate></item><item><title><![CDATA[Rupee 14 Paise up Against Dollar in Early Trade [December 02,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/549/Rupee_14_Paise_up_Against_Dollar_in_Early_Trade/index.html]]></guid><description><![CDATA[MUMBAI: The Indian Rupee appreciated by 14 paise to trade at Rs 45.24 a  dollar at the Interbank Foreign Exchange market in the morning trade  today, tracking gains in other Asian currencies.Dealer said firm  opening of the stock exchanges and Americ.....]]></description><pubDate>December 02,2010</pubDate></item><item><title><![CDATA[Will Approach PM for Import Duty on Power Equipment: Deshmukh [December 02,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/550/Will_Approach_PM_for_Import_Duty_on_Power_Equipment_Deshmukh/index.html]]></guid><description><![CDATA[New Delhi, (PTI) Heavy Industries and Public Enterprises Minister  Vilasrao Deshmukh today said he is still waiting for the Finance  Ministry''s views on a proposal to impose duty on imported power  equipment and plans to approach Prime Minister Manm.....]]></description><pubDate>December 02,2010</pubDate></item><item><title><![CDATA[Cotton Gains on India Yarn-Export Cap; Orange Juice Advances [December 02,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/551/Cotton_Gains_on_India_Yarn-Export_Cap;_Orange_Juice_Advances/index.html]]></guid><description><![CDATA[Cotton climbed the most allowed by ICE Futures U.S. after India, the  world&rsquo;s second-largest grower, announced yarn-export limits and China&rsquo;s  manufacturing expanded. Orange juice also gained.India will cap  shipments of cotton yarn at 72.....]]></description><pubDate>December 02,2010</pubDate></item><item><title><![CDATA[India Unlikely to Export Grain Near-Term - agency [December 02,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/552/India_Unlikely_to_Export_Grain_Near-Term_-_agency/index.html]]></guid><description><![CDATA[India may not allow export of wheat and rice in the near term as it aims  to build a larger grain buffer, a senior government official said on  Wednesday."Stocks are higher but not higher to an extent where  we can export," Siraj Hussain, chairman an.....]]></description><pubDate>December 02,2010</pubDate></item><item><title><![CDATA[India's Grapes Export Hit Purple Patch in Europe [December 01,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/546/India's_Grapes_Export_Hit_Purple_Patch_in_Europe/index.html]]></guid><description><![CDATA[(UNI) After witnessing a continuous rise for the past three years,  India's export of grapes to Europe hit a purple patch this year on  account of the presence of a chemical beyond the prescribed limit,  government informed Lok Sabha today.From 96,96.....]]></description><pubDate>December 01,2010</pubDate></item><item><title><![CDATA[Saudi Petrochemical Makers to Take Indian Duty Dispute to WTO [December 01,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/547/Saudi_Petrochemical_Makers_to_Take_Indian_Duty_Dispute_to_WTO/index.html]]></guid><description><![CDATA[Bloomberg reported that Saudi Basic Industries Corporation plans to ask  the World Trade Organization to pressure India to lift an anti dumping  duty it imposed on Saudi polypropylene.India last week levied a  duty of 6.5% per tonne on Saudi exports .....]]></description><pubDate>December 01,2010</pubDate></item><item><title><![CDATA[India Fast Emerging Major Source of Party Drug Ketamine [November 30,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/539/India_Fast_Emerging_Major_Source_of_Party_Drug_Ketamine/index.html]]></guid><description><![CDATA[India is fast emerging as a major source of ketamine or party drug,  traditionally used as an anaesthetic for animals, smuggled out by  narcotics cartels due to its increasing popularity especially in  Southeast Asia.Known as the common man's cocaine.....]]></description><pubDate>November 30,2010</pubDate></item><item><title><![CDATA[India, New Zealand may Conclude FTA by 2011 [November 30,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/540/India_New_Zealand_may_Conclude_FTA_by_2011/index.html]]></guid><description><![CDATA[The government informed Parliament that India and New  Zealand are expected to conclude a comprehensive market opening pact,  aimed at enhancing the economic engagement between the nations, by 2011.Three  round of negotiations have been completed for.....]]></description><pubDate>November 30,2010</pubDate></item><item><title><![CDATA[Indian Turmeric Futures Rise Further Three Percent [November 30,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/541/Indian_Turmeric_Futures_Rise_Further_Three_Percent/index.html]]></guid><description><![CDATA[




Indian yellow spice futures extended the gains for  the sixth consecutive sessions on fresh buying lead by lower stocks. New  arrivals are expected to reach the market from January onwards and  prolonged rains in some parts of the growing p.....]]></description><pubDate>November 30,2010</pubDate></item><item><title><![CDATA[Govt May Decontrol Urea Pricing in FY11 [November 30,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/542/Govt_May_Decontrol_Urea_Pricing_in_FY11/index.html]]></guid><description><![CDATA[The government is likely to decontrol urea pricing in the current  financial year ending in March, fertiliser secretary Sutanu Behuria said  on Monday, as it aims to reduce subsidy for the sector.Fertiliser  use in India is heavily skewed towards ure.....]]></description><pubDate>November 30,2010</pubDate></item><item><title><![CDATA[India Pushes for Early Conclusion of Trade Talks with EU [November 30,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/543/India_Pushes_for_Early_Conclusion_of_Trade_Talks_with_EU/index.html]]></guid><description><![CDATA[New Delhi, (IANS) India is optimistic of an early conclusion of free  trade talks with the 27-nation economic bloc European Union, Commerce  and Industry Minister Anand Sharma said Monday.Conclusion of the  agreement would send a strong message to th.....]]></description><pubDate>November 30,2010</pubDate></item><item><title><![CDATA[India to Consider Hike in Import Duty on Gold, silver [November 30,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/544/India_to_Consider_Hike_in_Import_Duty_on_Gold_silver/index.html]]></guid><description><![CDATA[There is a buzz in the market and it is not going away. Traders in  Mumbai say they are expecting the Finance Ministry to bring out a  revised tariff for gold and silver imports in the near term.Silver  for immediate delivery fell 0.3% to $26.64 an o.....]]></description><pubDate>November 30,2010</pubDate></item><item><title><![CDATA[Govt May Import More Pulses for PDS [November 30,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/545/Govt_May_Import_More_Pulses_for_PDS/index.html]]></guid><description><![CDATA[Despite hopes of a good rise in pulses production in 2010-11 crop  marketing season because of strong kharif harvest and rise in area under  rabi pulses, the government is believed to be mulling to import around  9,00,000 tonne of the legume till Mar.....]]></description><pubDate>November 30,2010</pubDate></item><item><title><![CDATA[India's Cotton Exports Likely to Miss Target: Textile Min [November 29,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/534/India's_Cotton_Exports_Likely_to_Miss_Target_Textile_Min/index.html]]></guid><description><![CDATA[Indian cotton exports are likely to miss target this season due to slump  in the crop, following untimely rains in states like Gujarat and  Maharashtra, according to a senior official of the Ministry of Textiles.The  official said as per estimates, e.....]]></description><pubDate>November 29,2010</pubDate></item><item><title><![CDATA[Onion Export Drops to Half After Stringent Measures [November 29,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/535/Onion_Export_Drops_to_Half_After_Stringent_Measures/index.html]]></guid><description><![CDATA[New Delhi, (PTI) Onion export from India has declined by almost half on  the back of steep hike in export prices and fixing limit of shipment to a  maximum of 500 tonnes a day, but the scenario in domestic market is yet  to improve.On an average, 6,0.....]]></description><pubDate>November 29,2010</pubDate></item><item><title><![CDATA[India - Poultry Exports Down [November 29,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/536/India_-_Poultry_Exports_Down/index.html]]></guid><description><![CDATA["Potential to export poultry meat from India is tremendous. All the  major poultry importing countries are around India. Being in the middle  of market and competitive cost of broiler production are in favour of  India," said PFI spokesman, Ricky Tha.....]]></description><pubDate>November 29,2010</pubDate></item><item><title><![CDATA[Black Pepper Futures May Move With Positive Trend [November 29,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/537/Black_Pepper_Futures_May_Move_With_Positive_Trend/index.html]]></guid><description><![CDATA[India pepper futures plunged in the last two consecutive sessions on  profit taking amidCorrection from the overbought levels. Benchmark  December pepper contract on NCDEX plunged well below the important  supports of Rs. 21850, Rs. 21500 during the .....]]></description><pubDate>November 29,2010</pubDate></item><item><title><![CDATA[Disclosure Norms for Insurer IPO Soon [November 29,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/538/Disclosure_Norms_for_Insurer_IPO_Soon/index.html]]></guid><description><![CDATA[A domestic partner diluting its stake and shares buying by FIIs will  breach FDI limit. So the issue to raise FDI and FII limit to 49 per cent  has to be resolved firstThe Insurance Regulatory and Development  Authority (Irda) would be releasing the .....]]></description><pubDate>November 29,2010</pubDate></item><item><title><![CDATA[Government Sets Up Panel to Promote Exports [November 27,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/529/Government_Sets_Up_Panel_to_Promote_Exports/index.html]]></guid><description><![CDATA[(UNI) The government set up a panel of bankers, industrialists, and  trade union leaders to advise it on raising India&rsquo;s export  competitiveness and doubling overseas shipments in the next three years.The decision was taken at a high-level meet.....]]></description><pubDate>November 27,2010</pubDate></item><item><title><![CDATA[Pepper Trades Up on Export Demand [November 27,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/530/Pepper_Trades_Up_on_Export_Demand/index.html]]></guid><description><![CDATA[Continuous rains might cause berries to fall from the creepers thereby  reducing the production of pepper in 2010-11. This is supporting the  prices to remain firm.Also, lower global availability and  therefore expectation of demand from the overseas.....]]></description><pubDate>November 27,2010</pubDate></item><item><title><![CDATA[Cabinet to Decide on Duty on Power Equipment from China [November 27,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/531/Cabinet_to_Decide_on_Duty_on_Power_Equipment_from_China/index.html]]></guid><description><![CDATA[The Union Cabinet is expected to take a call on the issue of imposition  of duty on import of power equipment, especially heavy equipment, from  China which is hurting the domestic industry badly and putting them at a  disadvantage due to cheap impor.....]]></description><pubDate>November 27,2010</pubDate></item><item><title><![CDATA[Turmeric Gains on Lower Stocks [November 27,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/532/Turmeric_Gains_on_Lower_Stocks/index.html]]></guid><description><![CDATA[Turmeric yesterday we have seen that market has moved 2.56% due to  diminishing stocks and poor supply. Weak exports demand for the  commodity is limiting its upside.In October 2010, India's  turmeric exports were 3,500 tonnes as compared to 3,975 to.....]]></description><pubDate>November 27,2010</pubDate></item><item><title><![CDATA[India Extends $416.39 mn as Line of Credit for Sri Lankan Projects [November 27,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/533/India_Extends_$41639_mn_as_Line_of_Credit_for_Sri_Lankan_Projects/index.html]]></guid><description><![CDATA[India, which is assisting Sri Lanka in reconstruction of its war-ravaged  northern region, on Friday extended more than $416 million as Line of  Credit for building three railway projects in this country.External  Affairs Minister S M Krishna, who is.....]]></description><pubDate>November 27,2010</pubDate></item><item><title><![CDATA[Global Textile Bodies Exhort India to Lift Cotton Export Restrictions [November 24,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/526/Global_Textile_Bodies_Exhort_India_to_Lift_Cotton_Export_Restrictions/index.html]]></guid><description><![CDATA[Trade unions and associations from the textile sector of 10 developing  nations located in the Western Hemisphere have jointly written a letter  asking their governments to take the necessary measures to stop the  prohibitions imposed on cotton trade.....]]></description><pubDate>November 24,2010</pubDate></item><item><title><![CDATA[Govt Sets $24 Billion Textiles Export Target for FY'11 [November 24,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/527/Govt_Sets_$24_Billion_Textiles_Export_Target_for_FY'11/index.html]]></guid><description><![CDATA[New Delhi (PTI): Buoyed by the surge in outward shipments of textiles in  recent months, the government Wednesday fixed the export target for  textiles in FY'11 at USD 24.4 billion, 9 percent more than the previous  fiscal.&nbsp;&nbsp;&nbsp; &nbsp;Du.....]]></description><pubDate>November 24,2010</pubDate></item><item><title><![CDATA[Sugar Futures Advance on Global Supply Concerns; Coffee, Cocoa Decline [November 24,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/528/Sugar_Futures_Advance_on_Global_Supply_Concerns;_Coffee_Cocoa_Decline/index.html]]></guid><description><![CDATA[Sugar rose for a third day on concern supplies from  India, the world&rsquo;s second-biggest producer, and Australia, the  third-largest exporter, will be limited. Coffee and cocoa declined.Shipments  from Queensland Sugar Ltd., which handles more th.....]]></description><pubDate>November 24,2010</pubDate></item><item><title><![CDATA[Govt Admits to Flouting of Norms in �08 Rice Export [November 23,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/516/Govt_Admits_to_Flouting_of_Norms_in_�08_Rice_Export/index.html]]></guid><description><![CDATA[After three years and a lot of hue and cry, the government has admitted  that three public sector units (PSUs) - State Trading Corporation (STC),  Minerals and Metals Trading Corporation (MMTC) and PEC - who were  entrusted with export of non-basmati.....]]></description><pubDate>November 23,2010</pubDate></item><item><title><![CDATA[India's Refined Soya Oil Ends Higher On Firm E-CBOT, Soya Meal Demand [November 23,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/517/India's_Refined_Soya_Oil_Ends_Higher_On_Firm_E-CBOT_Soya_Meal_Demand/index.html]]></guid><description><![CDATA[India's refined soya oil futures ended with moderate gains today lead by  fresh buying amid firm E-CBOT Soyabean futures. The gains were capped  by sharp losses in the Malaysian CPO futures. The strong export demand  for the Soya meal supported firm .....]]></description><pubDate>November 23,2010</pubDate></item><item><title><![CDATA[Chinese, Indian Action Forces Cotton Down [November 23,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/518/Chinese_Indian_Action_Forces_Cotton_Down/index.html]]></guid><description><![CDATA[China reducing the pace of cotton growth and India enhancing the  planting of the soft fiber spawned beliefs that global demand for it  will slide, Bloomberg reports.Amidst cotton's price sinking to a  four week low in New York and its futures slippi.....]]></description><pubDate>November 23,2010</pubDate></item><item><title><![CDATA[Cotton Exports Shouldn''t be Allowed Beyond 55 lakh Bales: CITI [November 23,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/519/Cotton_Exports_Shouldn''t_be_Allowed_Beyond_55_lakh_Bales_CITI/index.html]]></guid><description><![CDATA[New Delhi, (PTI) Amidst rising cotton prices, the textiles industry  today urged the government not to allow shipments of the natural fibre  beyond the current ceiling of 55 lakh bales, in a bid to cool down its  prices in the domestic market."Cotton.....]]></description><pubDate>November 23,2010</pubDate></item><item><title><![CDATA[Hike in Onion Export Price Fails to Improve Domestic Market [November 23,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/520/Hike_in_Onion_Export_Price_Fails_to_Improve_Domestic_Market/index.html]]></guid><description><![CDATA[New Delhi, (PTI) Steep hike in onion export prices has failed to improve  domestic market scenario as the vegetable continues to be expensive at a  retail price of Rs 35 a kg in Delhi.Besides, onion continues to  be expensive in the wholesale market,.....]]></description><pubDate>November 23,2010</pubDate></item><item><title><![CDATA[Back FDI Down 26% During Jan-Sept [November 23,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/521/Back_FDI_Down_26%_During_Jan-Sept/index.html]]></guid><description><![CDATA[Foreign direct investment in India stood at just $15.97 billion during  the January- September, 2010, period, down 26 per cent vis-a-vis the  same period last year, as per Industry Ministry data.In January-September, 2009, the country attracted Forei.....]]></description><pubDate>November 23,2010</pubDate></item><item><title><![CDATA[Seafood Exports Rise on Firm US Demand [November 23,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/522/Seafood_Exports_Rise_on_Firm_US_Demand/index.html]]></guid><description><![CDATA[A revival in the US consumption of seafood has helped the country's  seafood export to rise in the first half of the current fiscal, even as  trade with EU and China declined.Until the US International  Trade Commission imposed anti-dumping duty on s.....]]></description><pubDate>November 23,2010</pubDate></item><item><title><![CDATA[India Must Restore Import Duty on Cooking Oils, Trade Group Says [November 23,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/523/India_Must_Restore_Import_Duty_on_Cooking_Oils_Trade_Group_Says/index.html]]></guid><description><![CDATA[India, the biggest user of cooking oils after China, should restore  taxes on imports to protect local oilseed farmers from cheaper overseas  purchases of edible fat, a processors&rsquo; group said.The government  must impose 10 percent tax on import.....]]></description><pubDate>November 23,2010</pubDate></item><item><title><![CDATA[Indian Cotton Might Lag Behind Government Quota [November 23,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/524/Indian_Cotton_Might_Lag_Behind_Government_Quota/index.html]]></guid><description><![CDATA[Indian exports of cotton might not fill the government's quota due to  record prices and the fact that some exporters are not supplied,  according to an international exporter cited by Bloomberg.Exports  of the soft fiber from India, the second-large.....]]></description><pubDate>November 23,2010</pubDate></item><item><title><![CDATA[India's Chilli Exports Continue To Rise, Garlic And Ginger Exports Rise Sharply During April -Oct. [November 23,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/525/India's_Chilli_Exports_Continue_To_Rise_Garlic_And_Ginger_Exports_Rise_Sharply_During_April_-Oct/index.html]]></guid><description><![CDATA[India exported total quantity of 10,500 tonnes of pepper valued&nbsp; Rs.  187.50 crores during April-October 2010 as against 12,250 tonnes valued&nbsp;  Rs. 191.16 crores of last year. The unit value of pepper has increased  from&nbsp; Rs. 156.05 pe.....]]></description><pubDate>November 23,2010</pubDate></item><item><title><![CDATA[RBI Goes Strict on Settling Export Orders Through Online Payment [November 21,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/511/RBI_Goes_Strict_on_Settling_Export_Orders_Through_Online_Payment/index.html]]></guid><description><![CDATA[The Reserve Bank of India (RBI) has issued stiff guidelines for  settlement of export-related receipts through Online Payment Gateways  (OPG) and decided to allow Authorised Dealers Category -1 banks to  handle repatriation of export-related receipts.....]]></description><pubDate>November 21,2010</pubDate></item><item><title><![CDATA[Chilli Prices to Remain Firm on Good Exports, Rain Damage [November 21,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/512/Chilli_Prices_to_Remain_Firm_on_Good_Exports_Rain_Damage/index.html]]></guid><description><![CDATA[Kochi: Chilli prices are likely to remain firm on good exports and  report of crop damage due to recent recent rains in some parts of India.  The new crop will be delayed by 20-25 days , a report from the  agricultural market intelligence centre (AMI.....]]></description><pubDate>November 21,2010</pubDate></item><item><title><![CDATA[Indian, Pakistani Traders Want Less Restrictions [November 21,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/513/Indian_Pakistani_Traders_Want_Less_Restrictions/index.html]]></guid><description><![CDATA[New Delhi, (IANS) Indian and Pakistani businessmen at the 30th India  International Trade Fair (IITF) want more access to each other's markets  and removal of various barriers to further trade and good relations  between the two neighbours.Pakistan p.....]]></description><pubDate>November 21,2010</pubDate></item><item><title><![CDATA[India Uses Zones to Build Exports [November 21,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/514/India_Uses_Zones_to_Build_Exports/index.html]]></guid><description><![CDATA[NEW DELHI &ndash; It takes more than an hour to drive the 25 miles of clogged  highway linking New Delhi to Noida Special Economic Zone.Inside  the gate, a smooth four-lane road leads to electronics, engineering and  textile plants that are at the he.....]]></description><pubDate>November 21,2010</pubDate></item><item><title><![CDATA[Fertilizer Ministry Turns Down Proposal to Free Urea Prices [November 21,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/515/Fertilizer_Ministry_Turns_Down_Proposal_to_Free_Urea_Prices/index.html]]></guid><description><![CDATA[The department of fertilizers (DoF) has rejected the finance ministry&rsquo;s  recommendation for decontrolling urea prices, and has decided to go  ahead with its initial plan to implement the next stage of the new  pricing scheme (NPS)&mdash;the so-.....]]></description><pubDate>November 21,2010</pubDate></item><item><title><![CDATA[Govt Admits to Scam in Rice Exports [November 20,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/506/Govt_Admits_to_Scam_in_Rice_Exports/index.html]]></guid><description><![CDATA[NEW DELHI: The government has admitted that public sector units (PSUs)  did not follow a transparent procedure for non-basmati rice exports  during the UPA&rsquo;s first term.The matter has been referred to the  Central Vigilance Commission (CVC) for.....]]></description><pubDate>November 20,2010</pubDate></item><item><title><![CDATA[US Commerce Dept to Take Trade Mission to India in Feb Next [November 20,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/507/US_Commerce_Dept_to_Take_Trade_Mission_to_India_in_Feb_Next/index.html]]></guid><description><![CDATA[WASHINGTON: Encouraged by job-generating trip of President Barack Obama  to Mumbai and New Delhi early this month, US Commerce Department will  take a high-level trade delegation to India in early February next year."We're  actually following up with.....]]></description><pubDate>November 20,2010</pubDate></item><item><title><![CDATA[PTI Handicrafts Exports up 58 per cent in October [November 20,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/508/PTI_Handicrafts_Exports_up_58_per_cent_in_October/index.html]]></guid><description><![CDATA[New Delhi, (PTI) Handicrafts exports grew by a robust 58.55 per cent  year-on-year to USD 41.73 million in October, 2010, on the back of  increasing demand from the US and European markets. Handicraft exports  stood at USD 26.32 million in October, 2.....]]></description><pubDate>November 20,2010</pubDate></item><item><title><![CDATA[Yellow Spice Futures Settle Four Percent Lower [November 20,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/509/Yellow_Spice_Futures_Settle_Four_Percent_Lower/index.html]]></guid><description><![CDATA[NCDEX Turmeric extended the early losses with the futures tumbling  nearly four percent on profit taking amid higher production estimation  and weak export demand. Technically NCDEX turmeric futures were in the  overbought zone and correction was exp.....]]></description><pubDate>November 20,2010</pubDate></item><item><title><![CDATA[Indian Firms Facing Chinese Threat in Coal Mine buys Abroad [November 20,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/510/Indian_Firms_Facing_Chinese_Threat_in_Coal_Mine_buys_Abroad/index.html]]></guid><description><![CDATA[Indian energy companies seeking to acquire overseas coal mines would  increasingly face stiff competition from Chinese firms over the next  three to five years as the latter are seen intensifying their buyout  strategy.Indian firms such as Adani Ente.....]]></description><pubDate>November 20,2010</pubDate></item><item><title><![CDATA[Govt Bans Rosiglitazone, Asks State Drug Controllers to Recall Medicine from Market [November 19,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/501/Govt_Bans_Rosiglitazone_Asks_State_Drug_Controllers_to_Recall_Medicine_from_Market/index.html]]></guid><description><![CDATA[The Union health ministry has finally banned the manufacture and  distribution of the controversial diabetes drug rosiglitazone in the  country and has asked the state drug authorities to recall the medicine  from the market with immediate effect. Fo.....]]></description><pubDate>November 19,2010</pubDate></item><item><title><![CDATA[Northeast Accounts for 82% of India''s Ornamental Fish Export [November 19,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/502/Northeast_Accounts_for_82%_of_India''s_Ornamental_Fish_Export/index.html]]></guid><description><![CDATA[Shillong, (PTI) The Northeast, a global hotspot of fresh water  biodiversity, accounts for 82 per cent of the total ''ornamental''  fishes exported by India, the Indian Council of Agricultural Research  (ICAR) today said.Informing this, ICAR Director.....]]></description><pubDate>November 19,2010</pubDate></item><item><title><![CDATA[India Becomes Israel�s Second Largest Export Destination After US [November 19,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/503/India_Becomes_Israel�s_Second_Largest_Export_Destination_After_US/index.html]]></guid><description><![CDATA[India has become Israel&rsquo;s second largest export destination after the  United States, as the Jewish state focuses on tapping potential in the  Asian markets.As per the figures provided by Israel&rsquo;s Export and  International Cooperation Ins.....]]></description><pubDate>November 19,2010</pubDate></item><item><title><![CDATA[India's 2010/11 Sugar Output May Fall Below 25 mln T [November 19,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/504/India's_2010/11_Sugar_Output_May_Fall_Below_25_mln_T/index.html]]></guid><description><![CDATA[India's 2010/11 sugar output may not touch 25 million tonnes as  excessive rains hit the cane crop in northern Uttar Pradesh state, a  senior industry official said on Thursday."Heavy concentrated  rainfall affected cane crop in Uttar Pradesh... (Ind.....]]></description><pubDate>November 19,2010</pubDate></item><item><title><![CDATA[Rapid Growth Forces India to Increase Imports [November 19,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/505/Rapid_Growth_Forces_India_to_Increase_Imports/index.html]]></guid><description><![CDATA[Bengaluru :&nbsp; India's ability to sustain a high growth rate would be  determined by the pace of infrastructure development and stability in  the country, a top official said yesterday."Infrastructure  development pace and social-political stabili.....]]></description><pubDate>November 19,2010</pubDate></item><item><title><![CDATA[India's Spices Export Revenue Rises 16 Percent In April -September 2010 [November 17,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/492/India's_Spices_Export_Revenue_Rises_16_Percent_In_April_-September_2010/index.html]]></guid><description><![CDATA[According to the latest updates from the spices board of India, spices  exports from India during April - September 2010 gained by 8 percent to  2,73,600 tonnes and earnings spurted by 16 percent to Rs. 309,535.35  lakh against the same period last y.....]]></description><pubDate>November 17,2010</pubDate></item><item><title><![CDATA[Govt Awaits sugar Output Data Before Export Decision [November 17,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/493/Govt_Awaits_sugar_Output_Data_Before_Export_Decision/index.html]]></guid><description><![CDATA[The government will only consider freeing up sugar exports after  obtaining a credible output estimate, the farm minister said, which  could come at the end of this month, according to trade officials.The government's decision is unlikely to be influ.....]]></description><pubDate>November 17,2010</pubDate></item><item><title><![CDATA[Trade Between Argentina, India to Reach $2 bn [November 17,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/494/Trade_Between_Argentina_India_to_Reach_$2_bn/index.html]]></guid><description><![CDATA[Argentina has expressed willingness to diversify exports to India as  bilateral trade between the two countries is set to reach $2 billion in  2010, a near three-fold increase over the last year. "Argentina and  India have a common goal regarding ver.....]]></description><pubDate>November 17,2010</pubDate></item><item><title><![CDATA[Veg Oil Imports up 25% in Oct [November 17,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/495/Veg_Oil_Imports_up_25%_in_Oct/index.html]]></guid><description><![CDATA[New Delhi, Nov 16 (PTI) India''s imports of vegetable oil jumped by  nearly 25 per cent in October this year to 8.32 lakh tonnes due to a  rise in demand, the Solvent Extractors'' Association said today.  "Increase in per capita consumption of edible.....]]></description><pubDate>November 17,2010</pubDate></item><item><title><![CDATA[Finance Ministry for Freeing Urea Prices [November 17,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/496/Finance_Ministry_for_Freeing_Urea_Prices/index.html]]></guid><description><![CDATA[The finance ministry has recommended to the department of fertilizers  (DoF) that urea prices, instead of remaining under the new pricing  scheme (NPS), should be decontrolled and brought under a modified  nutrient-based subsidy (NBS) regime.The depa.....]]></description><pubDate>November 17,2010</pubDate></item><item><title><![CDATA[Customs Duty of Rs 175.69 cr Collected in Indore in Current FY [November 17,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/497/Customs_Duty_of_Rs_17569_cr_Collected_in_Indore_in_Current_FY/index.html]]></guid><description><![CDATA[Indore,&nbsp; (PTI) Customs duty collections in the Indore range aggregated  to Rs 175.69 crore in the first seven months of the current financial  year, compared to Rs 82.98 crore in the previous financial year.During  the same period, excise duty t.....]]></description><pubDate>November 17,2010</pubDate></item><item><title><![CDATA[India to Have Net Cotton Surplus for 2010-11 Season [November 17,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/498/India_to_Have_Net_Cotton_Surplus_for_2010-11_Season/index.html]]></guid><description><![CDATA[The Cotton Association of India (CAI) on November 16th released its  estimates for cotton output in India for the season 2010-11. The  estimates are based on the latest data from CAI as of 31st October,  2010. The Indian crop for the 2010-11 seasons .....]]></description><pubDate>November 17,2010</pubDate></item><item><title><![CDATA[Steps to Cut Export Costs to be Implemented Fast: Scindia [November 17,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/499/Steps_to_Cut_Export_Costs_to_be_Implemented_Fast_Scindia/index.html]]></guid><description><![CDATA[New Delhi, (PTI) A government report on steps to cut transaction costs  for exporters will not be allowed to gather dust and would be  implemented as soon as it is released, Minister of State for Commerce  Jyotiraditya Scindia has said.The minister s.....]]></description><pubDate>November 17,2010</pubDate></item><item><title><![CDATA[Indian Tyre Production, Exports Up in H1, 2010 � ATMA [November 17,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/500/Indian_Tyre_Production_Exports_Up_in_H1_2010_�_ATMA/index.html]]></guid><description><![CDATA[During the first six months of its current financial year, India  produced some 28 per cent more tyres than a year earlier. Data from  national industry organisation the Automotive Tyre Manufacturers&rsquo;  Association (produced using information su.....]]></description><pubDate>November 17,2010</pubDate></item><item><title><![CDATA[Suspend Manufacture, Import of Anti-Obesity Drug: DCGI [November 13,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/487/Suspend_Manufacture_Import_of_Anti-Obesity_Drug_DCGI/index.html]]></guid><description><![CDATA[The Drugs Controller General of India (DCGI) on Friday ordered the  &ldquo;suspension&rdquo; of the manufacture and import of anti-obesity drug  Sibutramine after the medicine showed serious side effects, including  heart attack, among some users. Th.....]]></description><pubDate>November 13,2010</pubDate></item><item><title><![CDATA[Gold, Silver Retreat from Record Levels on Weak Global Cues [November 13,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/488/Gold_Silver_Retreat_from_Record_Levels_on_Weak_Global_Cues/index.html]]></guid><description><![CDATA[Gold and silver fell from their record highs in the national capital  today on reduced offtake at existing higher levels amid weak global  cues.Trading sentiment turned bearish as retailers and jewellers  refrained from buying at existing record leve.....]]></description><pubDate>November 13,2010</pubDate></item><item><title><![CDATA[Afghanistan Hopes its Export to India would Jump [November 13,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/489/Afghanistan_Hopes_its_Export_to_India_would_Jump/index.html]]></guid><description><![CDATA[Washington, (PTI) Afghanistan hopes export of its goods to India would  significantly increase following the recently signed transit trade  agreement between Kabul and Islamabad which comes into force later this  month."We hope our exports would incr.....]]></description><pubDate>November 13,2010</pubDate></item><item><title><![CDATA[Indian Ceramic Industry Should Focus on an Export-Led-Growth Strategy [November 13,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/490/Indian_Ceramic_Industry_Should_Focus_on_an_Export-Led-Growth_Strategy/index.html]]></guid><description><![CDATA[New Delhi: &ldquo;The Indian ceramic industry should focus on an  export-led-growth strategy by further developing Advanced Ceramics&rdquo;.  This was the consensus at an Conference on &lsquo;Advanced Ceramics for  tomorrow&rsquo; held as part of Cer.....]]></description><pubDate>November 13,2010</pubDate></item><item><title><![CDATA[Obama Warns on Exports as APEC Summit Starts [November 13,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/491/Obama_Warns_on_Exports_as_APEC_Summit_Starts/index.html]]></guid><description><![CDATA[US President Obama on Saturday called on big surplus economies to end  reliance on exports for growth, while his Chinese counterpart vowed to  rely more on domestic demand and gradually reform its currency. The two  leaders were speaking a day after .....]]></description><pubDate>November 13,2010</pubDate></item><item><title><![CDATA[Mixed Reaction to India�s push to Lift Export-Ban on Zimbabwean �Blood Diamonds� [November 11,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/476/Mixed_Reaction_to_India�s_push_to_Lift_Export-Ban_on_Zimbabwean_�Blood_Diamonds�/index.html]]></guid><description><![CDATA[Despite a slew of bad public relations that comes with doing business  with what has been termed a &ldquo;pariah regime,&rdquo; Indian diamond merchants  are eager to extend a warm welcome to Zimbabwe&rsquo;s vast stores of rough  stones. Any ethical.....]]></description><pubDate>November 11,2010</pubDate></item><item><title><![CDATA[Commerce Ministry to Organise 'India Show' in Turkey [November 11,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/477/Commerce_Ministry_to_Organise_'India_Show'_in_Turkey/index.html]]></guid><description><![CDATA[NEW DELHI: The commerce ministry will organise a four-day export fair in  Istanbul in February next year with over 150 Indian companies likely to  showcase their advanced engineering products in the Turkish capital.The  main objective of the event, c.....]]></description><pubDate>November 11,2010</pubDate></item><item><title><![CDATA[India Becomes Israel's 2nd Largest Export Stop [November 11,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/479/India_Becomes_Israel's_2nd_Largest_Export_Stop/index.html]]></guid><description><![CDATA[(PTI)Jerusalem: India has become Israel's second largest export  destination after the United States, as the Jewish state focusses on  tapping potential in the Asian markets.As per the figures  provided by Israel's Export and International Cooperatio.....]]></description><pubDate>November 11,2010</pubDate></item><item><title><![CDATA[India Rebegins Export of Cotton to Bangladesh [November 11,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/480/India_Rebegins_Export_of_Cotton_to_Bangladesh/index.html]]></guid><description><![CDATA[After a gap of six months, Indian exporters have resumed exporting cotton to Bangladesh through Benapole Port on November 1, following a  court order which permitted them to go for duty-free export of cotton to  Bangladesh.All cotton imports through .....]]></description><pubDate>November 11,2010</pubDate></item><item><title><![CDATA[Cement Prices up 50 pct in Five Years [November 11,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/481/Cement_Prices_up_50_pct_in_Five_Years/index.html]]></guid><description><![CDATA[New Delhi: The average price of cement has gone up by nearly 50 per cent  in the last five years to Rs 243 per 50 kg bag in 2009-10 buoyed by  increased construction and real estate activities.Quoting  information provided by Cement Manufacturers' As.....]]></description><pubDate>November 11,2010</pubDate></item><item><title><![CDATA[Chinese Team Tours SEZ in Padubidri [November 11,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/482/Chinese_Team_Tours_SEZ_in_Padubidri/index.html]]></guid><description><![CDATA[MANGALORE: Leading integrated infrastructure solutions' provider,  Synefra Engineering and Construction Ltd., welcomed a top-level  government and business delegation from China at its Padubidri SEZ. A  12-member team from China National Energy Admin.....]]></description><pubDate>November 11,2010</pubDate></item><item><title><![CDATA[FDA Blocks Claris Imports on Plant Troubles [November 11,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/483/FDA_Blocks_Claris_Imports_on_Plant_Troubles/index.html]]></guid><description><![CDATA[The FDA is continuing its crackdown on manufacturing infractions. The  agency has blocked imports from Claris LifeSciences, the India-based  injectables maker that also supplies drugs to a number of pharma  companies, including Pfizer. The import ale.....]]></description><pubDate>November 11,2010</pubDate></item><item><title><![CDATA[India's Rice Exports To Bangladesh Delayed Over Pricing [November 11,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/484/India's_Rice_Exports_To_Bangladesh_Delayed_Over_Pricing/index.html]]></guid><description><![CDATA[The export of 300,000 tons of rice from India to Bangladesh has stalled  as Bangladesh has sought a discount on the proposed sale price,  complicating approvals for the shipment, Indian government officials  said.Bangladesh has asked India to supply .....]]></description><pubDate>November 11,2010</pubDate></item><item><title><![CDATA[Obama Praised for Lifting Dual-Use Tech Exports to India [November 11,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/485/Obama_Praised_for_Lifting_Dual-Use_Tech_Exports_to_India/index.html]]></guid><description><![CDATA[President Barack Obama's efforts to strengthen Indo-US ties, including  lifting restrictions on dual-use exports to New Delhi, has been praised  by a top American lawmaker, saying "it signals the growing trust"  between the two countries."India is an.....]]></description><pubDate>November 11,2010</pubDate></item><item><title><![CDATA[Govt to Decide on Sugar Exports by Month-End Report [November 11,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/486/Govt_to_Decide_on_Sugar_Exports_by_Month-End_Report/index.html]]></guid><description><![CDATA[Indian authorities plan to take a decision by the end of this month on  allowing sugar exports after assessing the cane crush, Farm Minister  Sharad Pawar was quoted as saying by the Press Trust of India on  Thursday."I will get the report on full cr.....]]></description><pubDate>November 11,2010</pubDate></item><item><title><![CDATA[Sharma Rebuffs US Complaint, Says India FDI Rules are Simple [November 10,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/470/Sharma_Rebuffs_US_Complaint_Says_India_FDI_Rules_are_Simple/index.html]]></guid><description><![CDATA[New Delhi PTI : Contesting the US charge that Indian FDI rules are  &ldquo;opaque&rdquo;, commerce and industry minister Anand Sharma on Tuesday said  the country follows a simplified direct investment regime.&ldquo;We  came out with a FDI policy in .....]]></description><pubDate>November 10,2010</pubDate></item><item><title><![CDATA[Gold Price Zooms to $1418/oz [November 10,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/471/Gold_Price_Zooms_to_$1418/oz/index.html]]></guid><description><![CDATA[Gold closed above $1400/oz yesterday and has risen again today in most  currencies and reached new record nominal highs in sterling (877.30/oz)  and is targeting record nominal highs in euros.Competitive  currency devaluations and currency debasement.....]]></description><pubDate>November 10,2010</pubDate></item><item><title><![CDATA[NCDEX Soya Oil May Trade In Tight Range, Palm Oil Markets Await Data [November 10,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/472/NCDEX_Soya_Oil_May_Trade_In_Tight_Range_Palm_Oil_Markets_Await_Data/index.html]]></guid><description><![CDATA[NCDEX Refined Soya Oil futures ended sharply higher on Tuesday fuelled  by heavy buying support tracking the firm global markets. The benchmark  December contract surged three percent to the high of Rs. 580.85 and  ended the last session higher by 2......]]></description><pubDate>November 10,2010</pubDate></item><item><title><![CDATA[NCDEX Soya Oil May Trade In Tight Range, Palm Oil Markets Await Data [November 10,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/473/NCDEX_Soya_Oil_May_Trade_In_Tight_Range_Palm_Oil_Markets_Await_Data/index.html]]></guid><description><![CDATA[Buyers in the US have begun stocking gold and silver jewellery for the  coming festival season in a big way. Rajiv Jain, chairman of the Gems  &amp; Jewellery Export Promotion Council, believes US jewellery demand  will surge 15-20 per cent in the cu.....]]></description><pubDate>November 10,2010</pubDate></item><item><title><![CDATA[Indo-Myanmar Trade India Adopts Blow Hot and Cold Policy [November 10,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/474/Indo-Myanmar_Trade_India_Adopts_Blow_Hot_and_Cold_Policy/index.html]]></guid><description><![CDATA[Imphal, November 09 2010: With little progress in the diplomatic process  for import of 30,000 metric tonnes of rice from Myanmar to Manipur  which was already agreed between New Delhi and Yangon, India's sincerity  on the arrangement has been come u.....]]></description><pubDate>November 10,2010</pubDate></item><item><title><![CDATA[Indo-Myanmar Trade India Adopts Blow Hot and Cold Policy [November 10,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/475/Indo-Myanmar_Trade_India_Adopts_Blow_Hot_and_Cold_Policy/index.html]]></guid><description><![CDATA[Imphal, November 09 2010: With little progress in the diplomatic process  for import of 30,000 metric tonnes of rice from Myanmar to Manipur  which was already agreed between New Delhi and Yangon, India's sincerity  on the arrangement has been come u.....]]></description><pubDate>November 10,2010</pubDate></item><item><title><![CDATA[India Red Chilli Set To Plunge Further [November 09,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/465/India_Red_Chilli_Set_To_Plunge_Further/index.html]]></guid><description><![CDATA[India Red Chilli futures plunged on profit selling with the benchmark  November contract on NCDEX ended the day lower by four percent at Rs.  5015 per 100 kg and the open interest dipped 22.08 percent to 2,060  tonnes.The contract dipped and closed b.....]]></description><pubDate>November 09,2010</pubDate></item><item><title><![CDATA[President Obama Announces $10 billion Trade Deal with India [November 09,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/466/President_Obama_Announces_$10_billion_Trade_Deal_with_India/index.html]]></guid><description><![CDATA[Mumbai&nbsp;&nbsp; During the first two days of his 10 day Asia tour, President  Obama met with Indian officials along with business executives from both  U.S. and India in order to work out details on a $10 billion trade  agreement.Less than a week .....]]></description><pubDate>November 09,2010</pubDate></item><item><title><![CDATA[Indian Coffee Market Shows Early Signs of Blossoming [November 09,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/467/Indian_Coffee_Market_Shows_Early_Signs_of_Blossoming/index.html]]></guid><description><![CDATA[As per expectations, India&rsquo;s new coffee season has started on a positive  note, as exports of the country&rsquo;s coffee commodity grew by an  impressive 60 per cent during the first month of the crop year spanning  October 2010 to September 20.....]]></description><pubDate>November 09,2010</pubDate></item><item><title><![CDATA[Punjab Knitwear, Textile units Oppose Cotton Export Policy [November 09,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/468/Punjab_Knitwear_Textile_units_Oppose_Cotton_Export_Policy/index.html]]></guid><description><![CDATA[Chandigarh: Over 1,000 Ludhiana-based knitwear and textile units have  come out against the cotton export policy of the Union government.The  knitwear and textile manufacturers under the umbrella of a registered  organisation &ldquo;Knitwear Club&rdq.....]]></description><pubDate>November 09,2010</pubDate></item><item><title><![CDATA[India Aims to Double Exports to US by 2014 [November 09,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/469/India_Aims_to_Double_Exports_to_US_by_2014/index.html]]></guid><description><![CDATA[While addressing the members of the consultative committee meeting of  commerce &amp; industry ministry, minister Anand Sharma said with the  set of measures announced recently, we would be able to achieve the  target of $200 billion by the end of th.....]]></description><pubDate>November 09,2010</pubDate></item><item><title><![CDATA[City's First IT SEZ to Start in March 2011 [November 08,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/460/City's_First_IT_SEZ_to_Start_in_March_2011/index.html]]></guid><description><![CDATA[AHMEDABAD: The 3rd Eye Voice&nbsp; IT SEZ, city's first IT/ITES special  economic zone (SEZ), is all set to become operational in March 2011.  Already around 100 small companies functioning from different locations  under Software Technology Park of .....]]></description><pubDate>November 08,2010</pubDate></item><item><title><![CDATA[Coconut Oil Prices Firm on Low Palm Oil Imports [November 08,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/461/Coconut_Oil_Prices_Firm_on_Low_Palm_Oil_Imports/index.html]]></guid><description><![CDATA[Kochi: Low import of palm and coconut oil in the last oil marketing year  that ended in October has kept the domestic coconut oil markets firm.Coconut  oil prices have been rising in the last few weeks and have breached the  historic high of Rs 74.50.....]]></description><pubDate>November 08,2010</pubDate></item><item><title><![CDATA[Indian Iron Ore Mining Mess - Exporters Liable for Action Under FEMA [November 08,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/462/Indian_Iron_Ore_Mining_Mess_-_Exporters_Liable_for_Action_Under_FEMA/index.html]]></guid><description><![CDATA[The Karnataka state government sprang a surprise before the Karnataka  High Court when it said that several mining companies and those involved  in export of iron ore had violated norms of the Foreign Exchange  Management Act.The government made this.....]]></description><pubDate>November 08,2010</pubDate></item><item><title><![CDATA[Ford to Export to 48 Countries from India [November 08,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/463/Ford_to_Export_to_48_Countries_from_India/index.html]]></guid><description><![CDATA[The US-car manufacturer Ford is planning to export cars to 48 countries  from Tamil Nadu. The company which started its export of its Figo, in  July, said that by the end of this year it will export 8,000 Figos to  South Africa, the first export dest.....]]></description><pubDate>November 08,2010</pubDate></item><item><title><![CDATA[GE to Double Exports in 5 Years; to Focus on India : Immelt [November 08,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/464/GE_to_Double_Exports_in_5_Years;_to_Focus_on_India__Immelt/index.html]]></guid><description><![CDATA[NEW DELHI: Pinning hopes on stronger Indo-US ties in the wake of US  President Barack Obama's visit here, Global engineering firm General  Electric (GE) said it plans to increase exports to India.The company said it is looking at doubling its overall.....]]></description><pubDate>November 08,2010</pubDate></item><item><title><![CDATA[Obama brings No Promise on Dual-Use Exports, UNSC Membership [November 04,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/455/Obama_brings_No_Promise_on_Dual-Use_Exports_UNSC_Membership/index.html]]></guid><description><![CDATA[United States President Barack Obama on Wednesday described India as a  &ldquo;cornerstone&rdquo; of the U.S. engagement in Asia, but held out no promise on  support for India's permanent membership of the United Nations Security  Council and an end .....]]></description><pubDate>November 04,2010</pubDate></item><item><title><![CDATA[Global Dairy Products Market to Reach $494bn by 2015 [November 04,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/456/Global_Dairy_Products_Market_to_Reach_$494bn_by_2015/index.html]]></guid><description><![CDATA[The global market for dairy products is forecast to reach $494 billion  by the year 2015. Recovery in consumption post global recession,  continuing population growth, rising demand from developing countries,  trade liberalisation, and continued grow.....]]></description><pubDate>November 04,2010</pubDate></item><item><title><![CDATA[Textile cos Stretch Hard as Farmers Export Cotton to Pak [November 04,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/457/Textile_cos_Stretch_Hard_as_Farmers_Export_Cotton_to_Pak/index.html]]></guid><description><![CDATA[Chandigarh: The textile industry in Punjab and other northern states is  facing a difficult year as most of the new cotton crop is being exported  to neighbouring Pakistan, where devastating floods had destroyed almost  a fifth of its standing cotton.....]]></description><pubDate>November 04,2010</pubDate></item><item><title><![CDATA[Post-Blossom Coffee Forecast up by 6 pc [November 04,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/458/Post-Blossom_Coffee_Forecast_up_by_6_pc/index.html]]></guid><description><![CDATA[Bangalore, (PTI) With coffee prices both in global and domestic markets  ruling ''fairly'' good, India should make efforts to exploit the  situation to its advantage by producing high quality coffee, Coffee  Board Chairman Jawaid Akhtar said today."R.....]]></description><pubDate>November 04,2010</pubDate></item><item><title><![CDATA[Maruti, Hyundai Exports Dip as Cos Shift Focus on Domestic Mkt [November 04,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/459/Maruti_Hyundai_Exports_Dip_as_Cos_Shift_Focus_on_Domestic_Mkt/index.html]]></guid><description><![CDATA[NEW DELHI: The country's top two carmakers Maruti Suzuki and Hyundai  Motor witnessed significant declines in export during October, as they  shifted attention to meet the rising domestic demand ahead of the  festive season.In the month, domestic mar.....]]></description><pubDate>November 04,2010</pubDate></item><item><title><![CDATA[Govt to Take Fee, Not Duty [November 03,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/450/Govt_to_Take_Fee_Not_Duty/index.html]]></guid><description><![CDATA[Finance Minister AMA Muhith yesterday said the government is going to  formulate new rules to fix fees for giving transit facility to India for  transporting goods through Bangladesh."They will use our  facilities to transport their goods. Our infras.....]]></description><pubDate>November 03,2010</pubDate></item><item><title><![CDATA[Allow Sugar, Cotton Exports, Says Pawar [November 03,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/451/Allow_Sugar_Cotton_Exports_Says_Pawar/index.html]]></guid><description><![CDATA[India will be a major beneficiary due to the rise in global prices of  sugar and cotton, said Union agriculture minister Sharad Pawar.He  told Business Standard: "India will benefit a lot, as there are ample  opportunities for exports. The Government.....]]></description><pubDate>November 03,2010</pubDate></item><item><title><![CDATA[Curb on Rice Exports Likely to be Relaxed [November 03,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/452/Curb_on_Rice_Exports_Likely_to_be_Relaxed/index.html]]></guid><description><![CDATA[New Delhi: With rice production expected to rise by almost 6% in  2010-11, the government is believed to contemplating easing the ban  exports of non-basmati rice by allowing export of some premium varieties  of non-basmati rice.The government had im.....]]></description><pubDate>November 03,2010</pubDate></item><item><title><![CDATA[Curb on Rice Exports Likely to be Relaxed [November 03,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/453/Curb_on_Rice_Exports_Likely_to_be_Relaxed/index.html]]></guid><description><![CDATA[NEW DELHI : India&rsquo;s tea plantation area, Assam and Bengal have witnessed  a rise in the tea production during the month of September, 2010.According  to the recent statement by the Tea Board of India, the tea production  in the country grew 6.5.....]]></description><pubDate>November 03,2010</pubDate></item><item><title><![CDATA[Ford India Plans to Export Figo to Newer Markets [November 03,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/454/Ford_India_Plans_to_Export_Figo_to_Newer_Markets/index.html]]></guid><description><![CDATA[CHENNAI: Car maker Ford India, the 100 per cent subsidiary of Ford Motor  Corporation , USA plans to export its hatchback Figo to newer markets.The company, which few months back began exporting its Figo models to South Africa,recently entered the Ne.....]]></description><pubDate>November 03,2010</pubDate></item><item><title><![CDATA[Azad: Review FDI Norms to Protect Indian Pharma cos [November 02,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/445/Azad_Review_FDI_Norms_to_Protect_Indian_Pharma_cos/index.html]]></guid><description><![CDATA[Expressing concern over the takeover of Indian pharma firm by  multinational firms, Health Minister Ghulam Nabi Azad has sought  revisiting the FDI norms in the pharmaceutical sector.In a  recent letter to Commerce Minister Anand Sharma, Azad said, &.....]]></description><pubDate>November 02,2010</pubDate></item><item><title><![CDATA[India Urged to Cut Import Duty on Green Palm Oil-INTERVIEW [November 02,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/446/India_Urged_to_Cut_Import_Duty_on_Green_Palm_Oil-INTERVIEW/index.html]]></guid><description><![CDATA[KUALA LUMPUR, : A vegetable oils industry body has asked the Indian  government to cut its tax on eco-friendly imports of the commodity by  one to two percent in a bid to boost consumption, a top trader said on  Monday.India, the world's largest vege.....]]></description><pubDate>November 02,2010</pubDate></item><item><title><![CDATA[Sugar Rises as India May Limit Export Sales; Coffee, Cocoa Drop [November 02,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/447/Sugar_Rises_as_India_May_Limit_Export_Sales;_Coffee_Cocoa_Drop/index.html]]></guid><description><![CDATA[Sugar rose for a fourth straight session on speculation that India, the  world&rsquo;s second-largest producer, may limit exports as it rebuilds  inventories. Coffee and cocoa declined.India was the world&rsquo;s  largest importer of the sweetener la.....]]></description><pubDate>November 02,2010</pubDate></item><item><title><![CDATA[Coffee Exports up 67% in October on Strong Demand [November 02,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/448/Coffee_Exports_up_67%_in_October_on_Strong_Demand/index.html]]></guid><description><![CDATA[New Delhi: India&rsquo;s coffee exports rose by 67% to 25,000 tonnes in  October, the first month of the 2010-11 crop year, on the back of strong  global demand and lower prices.&ldquo;We have exported 25,000 tonnes  of coffee in October, this year, .....]]></description><pubDate>November 02,2010</pubDate></item><item><title><![CDATA[India Resumes Cotton Export [November 02,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/449/India_Resumes_Cotton_Export/index.html]]></guid><description><![CDATA[Bangladesh has started importing Indian cotton after a six-month embargo.Customs officials said 144 trucks with 8,253 bales of cotton entered Bangladesh on Monday.An  Indian cotton exporter and manager of L G W Limited, 'Dipak', told  reporters that .....]]></description><pubDate>November 02,2010</pubDate></item><item><title><![CDATA[Rising White Shrimp Production Pushes up Exports [November 01,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/440/Rising_White_Shrimp_Production_Pushes_up_Exports/index.html]]></guid><description><![CDATA[Kochi: Rising production and export of vannamei or white shrimps is  likely to help Indian seafood exports record an impressive performance  in the current financial year, officials of the Seafood Exporters  Association of India (SEAI) said.Strong de.....]]></description><pubDate>November 01,2010</pubDate></item><item><title><![CDATA[FinMin Unlikely to Agree to Changes in GST Structure [November 01,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/441/FinMin_Unlikely_to_Agree_to_Changes_in_GST_Structure/index.html]]></guid><description><![CDATA[Panjim: The Finance Ministry is unlikely to bow to the Empowered  Committee of State Finance Ministers' demand for altering the basic  structure of the proposed Goods and Services Tax to make the new  indirect tax regime more acceptable to states."An.....]]></description><pubDate>November 01,2010</pubDate></item><item><title><![CDATA[Macroeconomic Indicators - Exports in September Grow by 23pct [November 01,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/442/Macroeconomic_Indicators_-_Exports_in_September_Grow_by_23pct/index.html]]></guid><description><![CDATA[India's exports shot up by an annualized 23.2% in September 2010 to a  two year high of USD 18.02 billion, but even faster import growth  increased concerns over the country's widening trade gap.Mr  Anand Sharma commerce and industry minister said th.....]]></description><pubDate>November 01,2010</pubDate></item><item><title><![CDATA[Govt Plans to avg Out Aus LNG Price with Cheaper Domestic Fuel [November 01,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/443/Govt_Plans_to_avg_Out_Aus_LNG_Price_with_Cheaper_Domestic_Fuel/index.html]]></guid><description><![CDATA[New Delhi, (PTI) With LNG from Australia costing almost USD 10, the  government plans to average out the price of imported fuel with cheaper  domestic natural gas to make it affordable for consumers.The  price of Australian LNG to consumers "will be .....]]></description><pubDate>November 01,2010</pubDate></item><item><title><![CDATA[Firms Get Time till Dec to Avail of Semiconductor Policy Incentives [November 01,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/444/Firms_Get_Time_till_Dec_to_Avail_of_Semiconductor_Policy_Incentives/index.html]]></guid><description><![CDATA[Bangalore/New Delhi: Companies that proposed to set up units to  manufacture semiconductors, solar cells and other advanced technology  products under the Indian semiconductor policy, which expired March-end  after receiving a cold response from inve.....]]></description><pubDate>November 01,2010</pubDate></item><item><title><![CDATA[WTO Says 32 States Took Anti-Dumping Actions in H1 [October 30,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/435/WTO_Says_32_States_Took_Anti-Dumping_Actions_in_H1/index.html]]></guid><description><![CDATA[The World Trade Organisation (WTO) has stated that 32 WTO member states  reported taking anti-dumping actions during the first half of 2010.This  came after the meeting of the committee on anti-dumping practices,  where a number of these actions were.....]]></description><pubDate>October 30,2010</pubDate></item><item><title><![CDATA[Fruit, Vegetables Exports up on Gulf Demand [October 30,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/436/Fruit_Vegetables_Exports_up_on_Gulf_Demand/index.html]]></guid><description><![CDATA[New Delhi: Fruit and vegetables exports from India have risen steadily  in the last few years as the country has emerged as a prime supplier to  Gulf countries easing many of its long-standing competitors.According  to latest data complied by the Agr.....]]></description><pubDate>October 30,2010</pubDate></item><item><title><![CDATA[Pay up Customs Duty before Selling Aerostat, OC told [October 30,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/437/Pay_up_Customs_Duty_before_Selling_Aerostat_OC_told/index.html]]></guid><description><![CDATA[The Rs 38-crore aerostat, the showpiece of the opening and closing  ceremonies of the Commonwealth Games, has landed the Organising  Committee (OC) in a spot of bother once again. Even as the OC plans to  put out a tender for inviting sale bids for t.....]]></description><pubDate>October 30,2010</pubDate></item><item><title><![CDATA[ India to Export 500,000 tonnes of Wheat, Rice to Bangladesh [October 30,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/438/_India_to_Export_500000_tonnes_of_Wheat_Rice_to_Bangladesh/index.html]]></guid><description><![CDATA[India on Saturday said it will soon export 500,000 tonnes of rice and  wheat to Bangladesh despite a ban on outward shipments of the  foodgrains."India will be exporting three lakh (300,000) tonnes of par-boiled rice and two lakh tonne of  wheat to B.....]]></description><pubDate>October 30,2010</pubDate></item><item><title><![CDATA[PTI High Pulses Imports may Continue, even if Output Jumps [October 30,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/439/PTI_High_Pulses_Imports_may_Continue_even_if_Output_Jumps/index.html]]></guid><description><![CDATA[New Delhi, (PTI) India''s pulses imports may not decline despite an  expected increase in production this year because of rising domestic  demand, according to traders. India, the world''s biggest consumer of  pulses, imports 3 -4 million tonnes on a.....]]></description><pubDate>October 30,2010</pubDate></item><item><title><![CDATA[Meghmani Organics Acquires 90,000 sq Metres of Land at the Dahez SEZ in Gujarat for Set up of ..... [October 28,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/430/Meghmani_Organics_Acquires_90000_sq_Metres_of_Land_at_the_Dahez_SEZ_in_Gujarat_for_Set_up_of_/index.html]]></guid><description><![CDATA[Meghmani Organics Tuesday said it had acquired land for the set up of a  manufacturing facility. The pesticide manufacture reported it had  obtained around 90,000 square meters of land at the Dahez Special  Economic Zone in Gujarat for the investment.....]]></description><pubDate>October 28,2010</pubDate></item><item><title><![CDATA[India, Malaysia Pact to Double Trade to $15 bn [October 28,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/431/India_Malaysia_Pact_to_Double_Trade_to_$15_bn/index.html]]></guid><description><![CDATA[Putrajaya: India and Malaysia on Wednesday announced the conclusion of  negotiations on a trade-opening agreement aimed at more than doubling  bilateral commercial engagement in the next 5-year.After the  meeting of Prime Minister Manmohan Singh and .....]]></description><pubDate>October 28,2010</pubDate></item><item><title><![CDATA[Pulses: Still Short of Need but Set to Pull Down Global Prices [October 28,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/432/Pulses_Still_Short_of_Need_but_Set_to_Pull_Down_Global_Prices/index.html]]></guid><description><![CDATA[NEW DELHI: India&rsquo;s import of pulses could drop by about a million tonnes  next year, with good rains and higher purchase prices announced by the  government promising to boost production.The projected increase  in pulses crop in the world&rsquo.....]]></description><pubDate>October 28,2010</pubDate></item><item><title><![CDATA[India Gold Imports Around 40 tons in October [October 28,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/433/India_Gold_Imports_Around_40_tons_in_October/index.html]]></guid><description><![CDATA[Indian jewelry demand appears to be holding up even with gold at  historically high prices, says a research note from Commerzbank.Analysts  cite reports from the Bombay Bullion Association saying that imports  into the key consuming nation of India c.....]]></description><pubDate>October 28,2010</pubDate></item><item><title><![CDATA[Double-Edged Rupee Attracts Investment, Damages Exports [October 28,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/434/Double-Edged_Rupee_Attracts_Investment_Damages_Exports/index.html]]></guid><description><![CDATA[COIMBATORE: As talk of currency battles rumble through the global economy , India has been a reluctant warrior.The  reasons are evident here in Coimbatore, a southern city long known as a  capital of India&rsquo;s textile industry, an old-line export.....]]></description><pubDate>October 28,2010</pubDate></item><item><title><![CDATA[Import Duty on Power Equipment on Hold: Shinde [October 27,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/425/Import_Duty_on_Power_Equipment_on_Hold_Shinde/index.html]]></guid><description><![CDATA[Power Minister Sushilkumar Shinde formally declared that an import duty  on power equipment has been pushed off until at least the 12th plan,  after the finance ministry blasted the proposal placed before the  Cabinet last week.The duty, pushed by BH.....]]></description><pubDate>October 27,2010</pubDate></item><item><title><![CDATA[UPDATE 4-India Government Warms to Wal-Mart's Retail Push [October 27,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/426/UPDATE_4-India_Government_Warms_to_Wal-Mart's_Retail_Push/index.html]]></guid><description><![CDATA[NEW DELHI, India sounded a positive note on Tuesday on opening up to  foreign direct investment in the massive and politically sensitive  multi-brand retail sector by global players like Wal-Mart (WMT.N) and  Carrefour (CARR.PA).India's retail sector.....]]></description><pubDate>October 27,2010</pubDate></item><item><title><![CDATA[India Gold Imports Around 40 tons in October [October 27,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/427/India_Gold_Imports_Around_40_tons_in_October/index.html]]></guid><description><![CDATA[Indian jewelry demand appears to be holding up even with gold at  historically high prices, says a research note from Commerzbank.Analysts  cite reports from the Bombay Bullion Association saying that imports  into the key consuming nation of India c.....]]></description><pubDate>October 27,2010</pubDate></item><item><title><![CDATA[India''s Production of Synthetic Rubber Down 15 pc in July [October 27,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/428/India''s_Production_of_Synthetic_Rubber_Down_15_pc_in_July/index.html]]></guid><description><![CDATA[New Delhi, (PTI) Despite a sizeable increase in consumption of synthetic  rubber by domestic industry, production of the commodity in India  declined by 15.1 per cent to 8,188 tonnes in July this year, as per the  Rubber Board.According to the Rubber.....]]></description><pubDate>October 27,2010</pubDate></item><item><title><![CDATA[Obama Aide Rosy on Indo-US Trade [October 27,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/429/Obama_Aide_Rosy_on_Indo-US_Trade/index.html]]></guid><description><![CDATA[Trade between India and the US are on the threshold of a new trajectory  with small and medium enterprises from both countries seeking to  establish newer synergies, particularly in energy and clean technology, a  senior official of the Obama-adminis.....]]></description><pubDate>October 27,2010</pubDate></item><item><title><![CDATA[Karnataka SEZ Changing Socio-Economic Landscape [October 25,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/420/Karnataka_SEZ_Changing_Socio-Economic_Landscape/index.html]]></guid><description><![CDATA[New Delhi, Clocking an export target of Rs.1,000 crore and creating  90,000 potential jobs, the Hassan Special Economic Zone in Karnataka has  also begun undertaking corporate social responsibility, the government  said Sunday.&lsquo;To act as a true.....]]></description><pubDate>October 25,2010</pubDate></item><item><title><![CDATA[Macroeconomic Indicator - FDI Inflows Plunge by about 60pct [October 25,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/421/Macroeconomic_Indicator_-_FDI_Inflows_Plunge_by_about_60pct/index.html]]></guid><description><![CDATA[It is reported that foreign direct investment in August dipped by about 60% to USD 1.33 billion, the lowest in this fiscal.Industry  department data released showed that the FDI inflows in August 2009  were USD 3.26 billion. During the first five mon.....]]></description><pubDate>October 25,2010</pubDate></item><item><title><![CDATA[Govt for Sops to Few Export Sectors [October 25,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/422/Govt_for_Sops_to_Few_Export_Sectors/index.html]]></guid><description><![CDATA[New Delhi The government&nbsp; will review in December performance of the  country\'s export and consider giving support to the sectors which  remain under pressure, Commerce and Industry Minister Anand Sharma said.\"We  have taken some steps. There .....]]></description><pubDate>October 25,2010</pubDate></item><item><title><![CDATA[Indian Tariff Reduction for Least Developed African Nations [October 25,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/423/Indian_Tariff_Reduction_for_Least_Developed_African_Nations/index.html]]></guid><description><![CDATA[New Delhi, India would announce another round of tariff reduction under  its duty free tariff preference scheme for 49 least developed countries  (LDCs), two third of which are from Africa, this month, an official said  Tuesday.The tariff cut would s.....]]></description><pubDate>October 25,2010</pubDate></item><item><title><![CDATA[Rupee Gains 18 paise Against Dollar in Early Trade [October 25,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/424/Rupee_Gains_18_paise_Against_Dollar_in_Early_Trade/index.html]]></guid><description><![CDATA[MUMBAI: The rupee strengthened by 18 paise to Rs 44.40 against the US  currency at the Interbank Foreign Exchange market in the morning trade  today tracking dollar's weakness against other major currencies.Strong capital inflows into equities by for.....]]></description><pubDate>October 25,2010</pubDate></item><item><title><![CDATA[Leather Sector Eyes France to Spur Exports [October 23,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/415/Leather_Sector_Eyes_France_to_Spur_Exports/index.html]]></guid><description><![CDATA[Leather item producers and exporters in India, aiming to boost their  exports, both in terms of value and volume, are now eyeing the French  market. As stated by the Council for Leather Exports (CLE), France&rsquo;s  increasing dependence on imports,.....]]></description><pubDate>October 23,2010</pubDate></item><item><title><![CDATA[India's Forex Reserves up $641 mn to $296.43 bn [October 23,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/416/India's_Forex_Reserves_up_$641_mn_to_$29643_bn/index.html]]></guid><description><![CDATA[MUMBAI: The country's foreign exchange reserves went up by $641-million  to $296.43-billion on the back of a sizable jump in foreign currency  assets, making it the fifth consecutive weekly rise in the kitty.The country's total forex reserves had gon.....]]></description><pubDate>October 23,2010</pubDate></item><item><title><![CDATA[Par Panel to Examine Agri Export Schemes [October 23,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/417/Par_Panel_to_Examine_Agri_Export_Schemes/index.html]]></guid><description><![CDATA[New Delhi, (PTI) A parliamentary panel will examine functioning of  different government schemes for promotion of agriculture and food  products, an official said today."The department related  Parliamentary Standing Committee on Commerce, headed by .....]]></description><pubDate>October 23,2010</pubDate></item><item><title><![CDATA[B''desh will Request India to Export fixed Amount of Wheat,Rice [October 23,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/418/B''desh_will_Request_India_to_Export_fixed_Amount_of_WheatRice/index.html]]></guid><description><![CDATA[New Delhi, (PTI) Bangladesh today said it will request India to ensure  that a fixed quantity of wheat and rice is exported from here annually  to meet the neighbouring country''s domestic demand.Commerce Minister of Bangladesh Muhammad Faruk Khan sa.....]]></description><pubDate>October 23,2010</pubDate></item><item><title><![CDATA[India�s C&P Diamond Exports up 36.41% in September [October 23,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/419/India�s_C&P_Diamond_Exports_up_3641%_in_September/index.html]]></guid><description><![CDATA[India&rsquo;s total gem and jewellery exports in September 2010, valued US$  4,061.87 million, rising by 56.09 percent from US$ 2,602.26 million  worth of said exports in September 2009. There was a 36.41 percent  increase in value of cut and polishe.....]]></description><pubDate>October 23,2010</pubDate></item><item><title><![CDATA[Ministry Panel for 49% FDI in Multi-Brand Retail [October 22,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/410/Ministry_Panel_for_49%_FDI_in_Multi-Brand_Retail/index.html]]></guid><description><![CDATA[International retail chains may get to set up shop in India soon with  the Finance Ministry coming around to the idea of permitting foreign  direct investment (FDI) in multi-brand retail. An internal committee set  up by the Ministry is learnt to be .....]]></description><pubDate>October 22,2010</pubDate></item><item><title><![CDATA[Dhaka to Seek Separate Quota for Indian Cotton [October 22,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/411/Dhaka_to_Seek_Separate_Quota_for_Indian_Cotton/index.html]]></guid><description><![CDATA[Bangladesh will demand a separate quota for raw cotton from India to  ensure the item's adequate supply for the readymade garment sector, the  prime foreign exchange earner.The cotton price has reached its  all-time high of $1.19 a pound on the inter.....]]></description><pubDate>October 22,2010</pubDate></item><item><title><![CDATA[Certain Lined Paper Products From India: Notice of Preliminary Results of Antidumping Duty [October 22,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/412/Certain_Lined_Paper_Products_From_India_Notice_of_Preliminary_Results_of_Antidumping_Duty/index.html]]></guid><description><![CDATA[The Department of Commerce (the Department) is conducting an  administrative review of the antidumping duty order on certain lined  paper products (CLPP) from India. For the period September 1, 2008,  through August 31, 2009, we have preliminarily de.....]]></description><pubDate>October 22,2010</pubDate></item><item><title><![CDATA[Palm Oil Gains to More Than 3,000 Ringgit a Ton for First Time Since 2008 [October 22,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/413/Palm_Oil_Gains_to_More_Than_3000_Ringgit_a_Ton_for_First_Time_Since_2008/index.html]]></guid><description><![CDATA[Palm oil gained to more than 3,000 ringgit ($963) a metric ton for the  first time since July 31, 2008, on speculation that supplies may lag  behind surging demand from China and India.The January-delivery  contract rose as much as 1.2 percent to 3,0.....]]></description><pubDate>October 22,2010</pubDate></item><item><title><![CDATA[Turmeric may Trade Down on Sluggish Demand [October 22,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/414/Turmeric_may_Trade_Down_on_Sluggish_Demand/index.html]]></guid><description><![CDATA[After the rise in price seen the earlier few days Turmeric showed some  corrections on profit booking at the higher levels as traders waited for  dips before initiating fresh queries in the mandis. Some export queries  from mid east Asian countries h.....]]></description><pubDate>October 22,2010</pubDate></item><item><title><![CDATA[Rupee Ends Stable Versus Dollar in Volatile Trade [October 20,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/405/Rupee_Ends_Stable_Versus_Dollar_in_Volatile_Trade/index.html]]></guid><description><![CDATA[In volatile trade, hefty foreign fund flows into stocks kept the rupee  nearly stable to close at 44.35/36 against the US currency despite sharp  fall in domestic equities.In a two&mdash;way fluctuation at the  Interbank Foreign Exchange (Forex) mark.....]]></description><pubDate>October 20,2010</pubDate></item><item><title><![CDATA[Palm Oil Prices to Drop as India may Curtail Imports [October 20,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/406/Palm_Oil_Prices_to_Drop_as_India_may_Curtail_Imports/index.html]]></guid><description><![CDATA[AHMEDABAD : Indian imports of palm oil, second largest after China will  mark a dent in the international prices as the domestic buyers are found  to refrain from importing the high cost edible oil.In a report  by Bloomberg, Rajkot-based Govindbhai P.....]]></description><pubDate>October 20,2010</pubDate></item><item><title><![CDATA[Time is Ripe for Sugar Exports: India Farm Minister [October 20,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/407/Time_is_Ripe_for_Sugar_Exports_India_Farm_Minister/index.html]]></guid><description><![CDATA[NEW DELHI : India&rsquo;s Farm Minister, Sharad Pawar has said the time is  ripe for sugar exports that the global prices for sweetener have almost  at its peak and the country could benefit from the prevailed scenario.The  Minister has backed trader.....]]></description><pubDate>October 20,2010</pubDate></item><item><title><![CDATA[Rupee Weakens on Importer Dollar Demand [October 20,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/408/Rupee_Weakens_on_Importer_Dollar_Demand/index.html]]></guid><description><![CDATA[MUMBAI: The Indian rupee weakened after a steady start on Tuesday as  strong dollar demand from importers, weak Asian currencies and choppy  local shares outweighed support from foreign fund inflows, mainly  towards Coal India share sale. State-run C.....]]></description><pubDate>October 20,2010</pubDate></item><item><title><![CDATA[High Cotton Prices Hit Textile Industry [October 20,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/409/High_Cotton_Prices_Hit_Textile_Industry/index.html]]></guid><description><![CDATA[Ludhiana With the constant increase of cotton prices from Rs 22,000 per  bale in previous years to the current Rs 41,000 per bale, farmers are no  doubt very happy. Industrialists are, however, upset because it has  further increased the prices of co.....]]></description><pubDate>October 20,2010</pubDate></item><item><title><![CDATA[As Demand for flowers goes up in Home market, Exports dip [October 18,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/395/As_Demand_for_flowers_goes_up_in_Home_market_Exports_dip/index.html]]></guid><description><![CDATA[Having won many a heart worldwide over the past few years, Indian  flowers have witnessed a steep decline in exports last fiscal on rising  demand in the home market and shrinking area under cultivation. The  demand for flowers in India has grown at .....]]></description><pubDate>October 18,2010</pubDate></item><item><title><![CDATA[ASSOCHAM suggested extant ban on FDI in Tobacco [October 18,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/396/ASSOCHAM_suggested_extant_ban_on_FDI_in_Tobacco/index.html]]></guid><description><![CDATA[New Delhi: To ensure strict implementation of the government&rsquo;s tobacco  control policies and to curb smuggling of host of international brands  of cigarettes, The Associated Chambers of Commerce and Industry of India  (ASSOCHAM) suggested this .....]]></description><pubDate>October 18,2010</pubDate></item><item><title><![CDATA[Rupee Surges 5.1% in a Month [October 18,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/397/Rupee_Surges_51%_in_a_Month/index.html]]></guid><description><![CDATA[The worldwide action over currency rates and global imbalances have  intensified recently amid increasing signs of a slowdown in the economic  recovery from the trough of 2008. A war of words has already erupted  with the developed world on one side .....]]></description><pubDate>October 18,2010</pubDate></item><item><title><![CDATA[Gujarat shows Global Dreams to Petro Majors [October 18,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/398/Gujarat_shows_Global_Dreams_to_Petro_Majors/index.html]]></guid><description><![CDATA[Ahmedabad The state government has fixed an investment target of $20  billion by 2015 and double it in the next five years with a view to  putting petroleum, chemical and petrochemical investment region (PCPIR)  on a fast track in Gujarat, which has .....]]></description><pubDate>October 18,2010</pubDate></item><item><title><![CDATA[Registration compulsory for Imported cosmetics from April next, DCGI issues guidelines [October 18,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/399/Registration_compulsory_for_Imported_cosmetics_from_April_next_DCGI_issues_guidelines/index.html]]></guid><description><![CDATA[With the Union Health Ministry making the registration of all imported  cosmetics compulsory from April 2011, the Drugs Controller General of  India has issued guidelines to be followed by the importers in this  regard.The new guidelines issued by th.....]]></description><pubDate>October 18,2010</pubDate></item><item><title><![CDATA[Garment makers Oppose Cotton Exports, fear deficit [October 18,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/400/Garment_makers_Oppose_Cotton_Exports_fear_deficit/index.html]]></guid><description><![CDATA[Domestic garment manufacturers have opposed exports of 5.5 million bales  (170 kg each) raw cotton pointing to possible cotton deficit,  under-utilisation of yarn and textile mills capacities apart from hike  in costs for entire textiles industry."Co.....]]></description><pubDate>October 18,2010</pubDate></item><item><title><![CDATA[Rupee falls sharply by 26 Paise against Dollar [October 18,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/401/Rupee_falls_sharply_by_26_Paise_against_Dollar/index.html]]></guid><description><![CDATA[MUMBAI: The rupee on Monday depreciated by 26 paise to close at 44.36/37  against the US currency after moving erratically in line with volatile  local equities.In a see-saw trade at the Interbank Foreign  Exchange (Forex) market, the local currency .....]]></description><pubDate>October 18,2010</pubDate></item><item><title><![CDATA[MMTC likely to Import over 200 tonne Gold in FY''11: Mann [October 18,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/402/MMTC_likely_to_Import_over_200_tonne_Gold_in_FY''11_Mann/index.html]]></guid><description><![CDATA[New Delhi, Oct (PTI) State-trading firm MMTC is expected to import over  200 tonnes of gold during the current financial year, its Chairman H S  Mann said today.So far, MMTC has imported 110 tonnes of the precious metal in the current financial year,.....]]></description><pubDate>October 18,2010</pubDate></item><item><title><![CDATA[India Approves Export of 3.9 mn bales of Cotton [October 18,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/403/India_Approves_Export_of_39_mn_bales_of_Cotton/index.html]]></guid><description><![CDATA[India has approved the export of 3.9 mn bales (170 kg per bale) of  cotton on Monday. The Textile Commissioner's office has received  applications for exporting 5.5 million bales which is the upper limit set by India Government. A  senior executive f.....]]></description><pubDate>October 18,2010</pubDate></item><item><title><![CDATA[Edible Oil Imports doubled in four yrs to over 88 LT [October 18,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/404/Edible_Oil_Imports_doubled_in_four_yrs_to_over_88_LT/index.html]]></guid><description><![CDATA[NEW DELHI: Driven by widening demand-supply mismatch, India's edible oil  imports have more than doubled in just four years to over 88 lakh  tonnes in 2009-10 oil year, and the momentum is expected to continue in  the coming years.In the first eleven.....]]></description><pubDate>October 18,2010</pubDate></item><item><title><![CDATA[India - Domestic textile machinery makers want end to sops on imports [October 16,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/390/India_-_Domestic_textile_machinery_makers_want_end_to_sops_on_imports/index.html]]></guid><description><![CDATA[




Concerned over the unchecked import of second hand  textile machinery, domestic manufacturers have asked the government to  stop fiscal sops on imported technology, particularly from China."The  imports of second hand or used loom and cheap.....]]></description><pubDate>October 16,2010</pubDate></item><item><title><![CDATA[Rupee ends stable Vs dollar, logs a fresh 25-month high [October 16,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/391/Rupee_ends_stable_Vs_dollar_logs_a_fresh_25-month_high/index.html]]></guid><description><![CDATA[MUMBAI: The rupee on Friday breached the 44 level to touch a fresh  25-month high but closed stable at 44.10/11 against the US currency.
At the Interbank Foreign Exchange (Forex) market, the local unit  opened lower at 44.22/23 a dollar from its pre.....]]></description><pubDate>October 16,2010</pubDate></item><item><title><![CDATA[Gujarat SEZs Fail to live up to Promise [October 16,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/392/Gujarat_SEZs_Fail_to_live_up_to_Promise/index.html]]></guid><description><![CDATA[Promoters and investors alike seem to be losing interest in some of  Gujarat&rsquo;s special economic zones (SEZs) which, till recently, were seen  as essential if the state was to take the next great leap forward in  development.The two main reasons.....]]></description><pubDate>October 16,2010</pubDate></item><item><title><![CDATA[Cotton Exports: Textile Industry seeks Manmohan�s Intervention [October 16,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/393/Cotton_Exports_Textile_Industry_seeks_Manmohan�s_Intervention/index.html]]></guid><description><![CDATA[The textile industry has sought Prime Minister Manmohan Singh&rsquo;s  intervention for ensuring availability of cotton for domestic firms  considering that exporters registered 55 lakh bales of cotton for  exports within 10 days of the government in.....]]></description><pubDate>October 16,2010</pubDate></item><item><title><![CDATA[India Imports more Vegetable Oil between Nov'09-Sept'10 [October 16,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/394/India_Imports_more_Vegetable_Oil_between_Nov'09-Sept'10/index.html]]></guid><description><![CDATA[NEW DELHI: At 84.80 lakh tonnes, India imported 5% more vegetable oil in  the period between November 2009 to September 2010 compared to last  year. Imports totalled 79.95 lakh tonnes in the November 2008 to  September 2009 period.However, in Septemb.....]]></description><pubDate>October 16,2010</pubDate></item><item><title><![CDATA[Cotton Exports Deferred [October 15,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/384/Cotton_Exports_Deferred/index.html]]></guid><description><![CDATA[INDIAN government&rsquo;s policy to regulate cotton exports to make it available for the domestic textile industry may affect farmers.In  a decision that has cotton growers worried, the Centre on September 28  deferred cotton exports from October 1 t.....]]></description><pubDate>October 15,2010</pubDate></item><item><title><![CDATA[India, US Mull Export Curbs On High-Tech Items: Pranab [October 15,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/385/India_US_Mull_Export_Curbs_On_High-Tech_Items_Pranab/index.html]]></guid><description><![CDATA[(PTI)&nbsp; WASHINGTON, D.C. - India has taken up with the US the issue of  export control in high-technology trade, and pressed for a number of  Indian units to be removed from its restricted Entity List, Finance  Minister Pranab Mukherjee has said......]]></description><pubDate>October 15,2010</pubDate></item><item><title><![CDATA[Carpets Exports Grow 18% in H1 of fiscal 11� [October 15,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/386/Carpets_Exports_Grow_18%_in_H1_of_fiscal_11�/index.html]]></guid><description><![CDATA[A slight decline in the demand from US and European markets, has caused  India&rsquo;s carpet export to fall marginally from last September&rsquo;s $ 76.01  million to $ 75.98 million this year.The product categories that  depicted positive results i.....]]></description><pubDate>October 15,2010</pubDate></item><item><title><![CDATA[India bets big on Coir Exports to Netherlands [October 15,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/387/India_bets_big_on_Coir_Exports_to_Netherlands/index.html]]></guid><description><![CDATA[Kochi : India&rsquo;s Coir production and processing will get a boost as the  newer horizons for the trade relations with Netherlands seen emerging  from the on-going four-day Amsterdam Horti Fair-2010.In a  statement issued Wednesday, the Coir Board.....]]></description><pubDate>October 15,2010</pubDate></item><item><title><![CDATA[China Poised to Dethrone India as Diamond Export Hub [October 15,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/388/China_Poised_to_Dethrone_India_as_Diamond_Export_Hub/index.html]]></guid><description><![CDATA[India&rsquo;s unquestionable position in the global market as a diamond  exporting hub is now under threat from China, multiple speakers  predicted at an international diamond conference in Mumbai that began  Tuesday.&ldquo;China has almost caught up.....]]></description><pubDate>October 15,2010</pubDate></item><item><title><![CDATA[China Poised to Dethrone India as Diamond Export Hub [October 15,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/389/China_Poised_to_Dethrone_India_as_Diamond_Export_Hub/index.html]]></guid><description><![CDATA[India&rsquo;s unquestionable position in the global market as a diamond  exporting hub is now under threat from China, multiple speakers  predicted at an international diamond conference in Mumbai that began  Tuesday.&ldquo;China has almost caught up.....]]></description><pubDate>October 15,2010</pubDate></item><item><title><![CDATA[Anand Sharma to Address India-Kenya Joint Trade Committee Meeting in Nairobi [October 13,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/379/Anand_Sharma_to_Address_India-Kenya_Joint_Trade_Committee_Meeting_in_Nairobi/index.html]]></guid><description><![CDATA[Shri Anand Sharma, Union Minister of Commerce and Industry, will be  addressing the 6th India-Kenya Joint Trade Committee (JTC) Meeting in  Nairobi tomorrow. Both the sides are expected to sign the Agreed Minutes  after the deliberations.During his v.....]]></description><pubDate>October 13,2010</pubDate></item><item><title><![CDATA[Rupee Loses 24 Paise against Dollar on weak equities [October 13,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/380/Rupee_Loses_24_Paise_against_Dollar_on_weak_equities/index.html]]></guid><description><![CDATA[MUMBAI: The rupee&nbsp; lost 24 paise to close at nearly a week's low of  44.66/67 against the US currency following weakness in equities on lower  factory output.Good dollar demand from banks and importers, mainly oil refiners, too put pressure on t.....]]></description><pubDate>October 13,2010</pubDate></item><item><title><![CDATA[Vivimed Labs Gets Nod to Operate SEZ In India's Andhra Pradesh [October 13,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/381/Vivimed_Labs_Gets_Nod_to_Operate_SEZ_In_India's_Andhra_Pradesh/index.html]]></guid><description><![CDATA[Indian drug firm Vivimed Labs (BSE:532660) today said it has received  approval from the government to set up a special economic zone for  chemicals and pharmaceuticals at Srikakulam district in Andhra Pradesh.The  "in-principal" approval to develop,.....]]></description><pubDate>October 13,2010</pubDate></item><item><title><![CDATA[India - Govt. should Reinstate Duty Drawback Refund on Cotton Yarn [October 13,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/382/India_-_Govt_should_Reinstate_Duty_Drawback_Refund_on_Cotton_Yarn/index.html]]></guid><description><![CDATA[The government needs to reinstate the recent withdrawal of duty drawback  refund on cotton yarn exports as it is impacting the spinning industry,  said Rajiv Sharma, Secretary General, The Northern India Textile Mills  Association (NITMA) to SME Time.....]]></description><pubDate>October 13,2010</pubDate></item><item><title><![CDATA[DIL may Import Rs 700 cr rough Diamonds in FY''11 [October 13,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/383/DIL_may_Import_Rs_700_cr_rough_Diamonds_in_FY''11/index.html]]></guid><description><![CDATA[Mumbai,&nbsp; (PTI) Diamond India Ltd (DIL) today said that it may import  rough diamonds worth around Rs 700-crore during this financial year.  "The first six months registered a good quantum growth beyond 30-40 per  cent.We had set a target to impo.....]]></description><pubDate>October 13,2010</pubDate></item><item><title><![CDATA[Green Norms for SEZs to be Announced Soon [October 11,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/374/Green_Norms_for_SEZs_to_be_Announced_Soon/index.html]]></guid><description><![CDATA[Chennai,&nbsp; Guidelines or standards to make all special economic zones  (SEZ) environment friendly will be announced soon, an official said  Saturday.Speaking at the conference on Green Homes and Green  SEZs organised by Indian Green Building Coun.....]]></description><pubDate>October 11,2010</pubDate></item><item><title><![CDATA[India, China Defend Right to set farm Duties [October 11,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/375/India_China_Defend_Right_to_set_farm_Duties/index.html]]></guid><description><![CDATA[NEW DELHI: India and some other developing countries have rejected a  proposal to restrict their ability to impose stiff duties to protect  farmers in the case of sudden surges in imports of farm goods at the  ongoing talks for opening up global trad.....]]></description><pubDate>October 11,2010</pubDate></item><item><title><![CDATA[Maha, NCR draw 55% FDI [October 11,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/376/Maha_NCR_draw_55%_FDI/index.html]]></guid><description><![CDATA[Maharashtra and the National Capital Region accounted for over 50 per  cent of foreign direct investment (FDI) inflows during the April-July  quarter of the current fiscal, according to data released by the  industry ministry. Maharashtra attracted m.....]]></description><pubDate>October 11,2010</pubDate></item><item><title><![CDATA[India, US talking Export curbs on High-Tech items: FM [October 11,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/377/India_US_talking_Export_curbs_on_High-Tech_items_FM/index.html]]></guid><description><![CDATA[WASHINGTON: Union Finance Minister Pranab Mukherjee on Sunday said India  has taken up with the US the issue of export control in high-technology  trade, and pressed for a number of Indian units to be removed from its  restricted Entity List.Speaking.....]]></description><pubDate>October 11,2010</pubDate></item><item><title><![CDATA[Pepper Sluggish on Weak Domestic, Export Demands [October 11,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/378/Pepper_Sluggish_on_Weak_Domestic_Export_Demands/index.html]]></guid><description><![CDATA[Kochi: Pepper prices are weak due to sluggish demand in both domestic  and export market. Traders said India has been out priced by almost $400  a tonne in the global market by Indonesia and Brazil and prices might  come down by another Rs 4-5 per kg.....]]></description><pubDate>October 11,2010</pubDate></item><item><title><![CDATA[India: Kerala's Cashew Exports Soar Ahead of Global Festive Season [October 08,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/369/India_Kerala's_Cashew_Exports_Soar_Ahead_of_Global_Festive_Season/index.html]]></guid><description><![CDATA[Ahead of the festive season around the world, the export of cashew from Kerala is enjoying a high.Cashew  is a highly nutritious dry fruit, which is used in almost every diet,  including ice cream, chocolate, sweets and biscuits.Due to increased cons.....]]></description><pubDate>October 08,2010</pubDate></item><item><title><![CDATA[Steel Min Sticks to 20% Tax Demand on Iron Ore Export [October 08,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/370/Steel_Min_Sticks_to_20%_Tax_Demand_on_Iron_Ore_Export/index.html]]></guid><description><![CDATA[The steel ministry has reiterated its demand to levy as high as 20% tax  on export of iron ore to ensure availability of the key raw material for  domestic steel manufacturers first. The move if accepted by the  government would dent the revenue stre.....]]></description><pubDate>October 08,2010</pubDate></item><item><title><![CDATA[Subject to Output, Cap on Cotton Exports may Fall [October 08,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/371/Subject_to_Output_Cap_on_Cotton_Exports_may_Fall/index.html]]></guid><description><![CDATA[The Textiles Ministry revealed that if the cotton production in India  surpasses the projected 32.5 million bales, it will be beneficial for  cotton exports as there are chances of raising the export limit above  the current limit of 5.5 million bale.....]]></description><pubDate>October 08,2010</pubDate></item><item><title><![CDATA[India Stops Import, Manufacture of Anti-diabetes Drug [October 08,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/372/India_Stops_Import_Manufacture_of_Anti-diabetes_Drug/index.html]]></guid><description><![CDATA[The Drug Controller General of India (DCGI) Thursday suspended manufacturing and import of the anti-diabetic drug Rosiglitazone.The  US FDA too had recently restricted its use after data suggested  continued use of rosiglitazone (Avandia) could incre.....]]></description><pubDate>October 08,2010</pubDate></item><item><title><![CDATA[Gems, Jewellery Exports up 67% in August [October 08,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/373/Gems_Jewellery_Exports_up_67%_in_August/index.html]]></guid><description><![CDATA[India`s gems and jewellery exports grew by 67% in August to USD 3.1  billion year-on-year due to increased sales in the US and  non-traditional markets like Russia and China.``We have been  able to increase our share in the US market to about 32% fro.....]]></description><pubDate>October 08,2010</pubDate></item><item><title><![CDATA[Indian Textile Market Expected to Double by 2012 [October 07,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/363/Indian_Textile_Market_Expected_to_Double_by_2012/index.html]]></guid><description><![CDATA[The current domestic market of textile in India is expected to increase to $60 billion by 2012 from the current $34.6 billion."India  has all the potential to beat China through the textile industry," said  Digvijay Singh, General Secretary of the Al.....]]></description><pubDate>October 07,2010</pubDate></item><item><title><![CDATA[Rupee Trims Earlier Sharp Gains against Dollar, Closes 19 Paise up [October 07,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/364/Rupee_Trims_Earlier_Sharp_Gains_against_Dollar_Closes_19_Paise_up/index.html]]></guid><description><![CDATA[MUMBAI: The rupee closed higher by 19 paise at 44.49/50 against the US  currency after fag-end demand for dollar from importers trimmed its  sharp gains in early trade.At the Interbank Foreign Exchange (  Forex) market, the rupee resumed higher at 44.....]]></description><pubDate>October 07,2010</pubDate></item><item><title><![CDATA[Oilmeal Exports Surge on better Seed Availability [October 07,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/365/Oilmeal_Exports_Surge_on_better_Seed_Availability/index.html]]></guid><description><![CDATA[New Delhi: Oilmeal exports rose by more than 53% in September to 3.54  lakh tonne as compared to the same month last year largely because of  increase in oilseed availability for crushing. Oilseed supplies rose  last month as farmers rushed to liquid.....]]></description><pubDate>October 07,2010</pubDate></item><item><title><![CDATA[Textiles: Competition, High Input Cost to Hit Cos Hard [October 07,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/366/Textiles_Competition_High_Input_Cost_to_Hit_Cos_Hard/index.html]]></guid><description><![CDATA[Although the stocks of textile companies have seen buoyancy in the past  three months, they have lagged the gains seen in the broader market.  Going ahead, the underperformance is likely to continue given the rising  cotton prices and the slowdown in.....]]></description><pubDate>October 07,2010</pubDate></item><item><title><![CDATA[Turmeric Expected to Zoom on Strong Demand [October 07,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/367/Turmeric_Expected_to_Zoom_on_Strong_Demand/index.html]]></guid><description><![CDATA[Turmeric hit the upper circuit as improved demand supported the prices.  Some export queries from mid east Asian countries have been noted.  Moderate domestic demand too has been there. Arrivals remained low but  exporters are reportedly waiting for .....]]></description><pubDate>October 07,2010</pubDate></item><item><title><![CDATA[Pak to Inspect Sugar Imports from India Before Marketing [October 07,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/368/Pak_to_Inspect_Sugar_Imports_from_India_Before_Marketing/index.html]]></guid><description><![CDATA[Pakistan Minister for Labour and Manpower Syed Khurshid Shah has told  the National Assembly that imported sugar from India would be first  inspected and certified by the Pakistan Standards and Quality Control  Authority (PSQCA) before distributing i.....]]></description><pubDate>October 07,2010</pubDate></item><item><title><![CDATA[India Heading for $135 Billion Trade Gap [October 06,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/358/India_Heading_for_$135_Billion_Trade_Gap/index.html]]></guid><description><![CDATA[India could be heading for an all-time high trade gap of $135 billion  this fiscal, according to Commerce Secretary Rahul Khullar. Though  exports rose for the 10th consecutive month in August, growing at 22.5  per cent year-on-year to $16.64 billion.....]]></description><pubDate>October 06,2010</pubDate></item><item><title><![CDATA[India Gets Requests to Export 1.79 million Bales of Cotton [October 06,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/359/India_Gets_Requests_to_Export_179_million_Bales_of_Cotton/index.html]]></guid><description><![CDATA[MUMBAI: Indian textile commissioner's office received applications to  register exports of 1.79 million cotton bales until Monday evening, data  with the Textile Commissioner's web site showed.The government  has already registered 230,900 bales out .....]]></description><pubDate>October 06,2010</pubDate></item><item><title><![CDATA[Rising Demand Lifts Office Rentals in Top Cities [October 06,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/360/Rising_Demand_Lifts_Office_Rentals_in_Top_Cities/index.html]]></guid><description><![CDATA[NEW DELHI: Rentals for office space in top Indian cities are firming up  due to increased demand, as per an industry study that suggests revival  in one of the few real estate segments yet to come out of a slowdown.There  has been moderate quarterly .....]]></description><pubDate>October 06,2010</pubDate></item><item><title><![CDATA[NCDEX Pepper Trades Higher On Fresh Buying [October 06,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/361/NCDEX_Pepper_Trades_Higher_On_Fresh_Buying/index.html]]></guid><description><![CDATA[NCDEX pepper traded with marginal gains lead by fresh buying amid tight  supply position and lower stocks. However, sluggish export demand for  Indian pepper due to premium prices dragged down the pepper futures.In  today's early session, NCDEX Peppe.....]]></description><pubDate>October 06,2010</pubDate></item><item><title><![CDATA[India Tops List of Dubai Trade Partners [October 06,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/362/India_Tops_List_of_Dubai_Trade_Partners/index.html]]></guid><description><![CDATA[DUBAI: India was Dubai's biggest direct trade partner in the first seven  months of 2010, with bilateral transactions between the two countries  amounting to over 85 billion dirhams ($23.14 billion) during the period,  as per statistics issued by the.....]]></description><pubDate>October 06,2010</pubDate></item><item><title><![CDATA[Sharma sees Better FDI Inflows in FY11 [October 05,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/353/Sharma_sees_Better_FDI_Inflows_in_FY11/index.html]]></guid><description><![CDATA[New Delhi: Foreign direct investment flows into the country in the  ongoing financial year could be better than last year, commerce minister  Anand Sharma said on Monday. Due to the ongoing economic meltdown in  Europe and the US, India's FDI inflows.....]]></description><pubDate>October 05,2010</pubDate></item><item><title><![CDATA[Commerce Ministry Seeks Reduction in Import Duty on Natural Rubber [October 05,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/354/Commerce_Ministry_Seeks_Reduction_in_Import_Duty_on_Natural_Rubber/index.html]]></guid><description><![CDATA[New Delhi: With a view to help domestic tyre manufacturers, the commerce  ministry has sought the reduction of import duty on natural rubber,  reports PTI.In a communiqu&eacute; to the finance ministry, the  commerce ministry has suggested that impor.....]]></description><pubDate>October 05,2010</pubDate></item><item><title><![CDATA[Auto Sector may Achieve $12 bn Exports Ahead of Schedule [October 05,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/355/Auto_Sector_may_Achieve_$12_bn_Exports_Ahead_of_Schedule/index.html]]></guid><description><![CDATA[NEW DELHI: Indian automobile industry may achieve its $12-billion export  target two years ahead of projections in 2013-14, industry body Ficci  said on Monday. At present, the industry exports $4.5 billion worth of  automobiles including tractors, p.....]]></description><pubDate>October 05,2010</pubDate></item><item><title><![CDATA[Cotton Traders Rush to Register for Export [October 05,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/356/Cotton_Traders_Rush_to_Register_for_Export/index.html]]></guid><description><![CDATA[New Delhi: Within days of opening the registration, exporters have  applied for about 30% of the cotton permitted for exports in the  backdrop of high global prices.Of the 55 lakh bales (170 kg  each) allowed for exports in the current season, trader.....]]></description><pubDate>October 05,2010</pubDate></item><item><title><![CDATA[Rupee Declines on Concern Higher Oil Prices to Boost India's Import Bill [October 05,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/357/Rupee_Declines_on_Concern_Higher_Oil_Prices_to_Boost_India's_Import_Bill/index.html]]></guid><description><![CDATA[India&rsquo;s rupee weakened for a second day, extending its retreat from a  five-month high, on speculation the nation&rsquo;s refiners stepped up dollar  purchases to pay for costlier crude-oil imports.The currency  declined the most in four weeks .....]]></description><pubDate>October 05,2010</pubDate></item><item><title><![CDATA[Saurashtra Cotton Farmers Hold Rally to Oppose Govt�s Export Policy [October 04,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/348/Saurashtra_Cotton_Farmers_Hold_Rally_to_Oppose_Govt�s_Export_Policy/index.html]]></guid><description><![CDATA[More than 20,000 cotton growers from Saurashtra organized a rally, to oppose the Central government&rsquo;s policy on cotton exports.The  rally had been called by Maha Gujarat AgriCotton Producer Company, a  body advocated by the cotton growers and a.....]]></description><pubDate>October 04,2010</pubDate></item><item><title><![CDATA[Reduce Customs Duty on Rubber: Commerce Dept [October 04,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/349/Reduce_Customs_Duty_on_Rubber_Commerce_Dept/index.html]]></guid><description><![CDATA[NEW DELHI: The commerce department has suggested a reduction in customs  levy on natural to address the flawed import duty structure where an  input is taxed at a higher rate than the final product, in this case  tyres.Tyre manufacturers have been de.....]]></description><pubDate>October 04,2010</pubDate></item><item><title><![CDATA[Germany's Fresenius Recalls India-made Drugs Shipped to US [October 04,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/350/Germany's_Fresenius_Recalls_India-made_Drugs_Shipped_to_US/index.html]]></guid><description><![CDATA[NEW DELHI: German drugmaker Fresenius Kabi has started voluntary recall  of two batches of a shipped to the US, made by its Indian subsidiary  Fresenius Kabi Oncology&nbsp; after it found cross contamination. The drug  sold as anastrozole tablets is .....]]></description><pubDate>October 04,2010</pubDate></item><item><title><![CDATA[Tea Production to Fall Marginally: Tea Board [October 04,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/351/Tea_Production_to_Fall_Marginally_Tea_Board/index.html]]></guid><description><![CDATA[New Delhi,&nbsp; (PTI) India''s tea production this year will fall below last  year''s tally of 979 million kgs as a result of the large-scale  destruction of crops due to excessive rain and pest attack in north  India, a top Tea Board official said......]]></description><pubDate>October 04,2010</pubDate></item><item><title><![CDATA[Docs Seek Clarity on Embryo Import Law [October 04,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/352/Docs_Seek_Clarity_on_Embryo_Import_Law/index.html]]></guid><description><![CDATA[The Indian Council of Medical Research ( ICMR) guidelines approved in  2007 prohibit only the export of human embryos. Dr Pushpa Bhargava, a  Padma Bhushan recipient and founder-director of the Centre for Cellular  and Molecular Biology in Hyderabad&.....]]></description><pubDate>October 04,2010</pubDate></item><item><title><![CDATA[Onion Prices Spring Up [October 01,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/343/Onion_Prices_Spring_Up/index.html]]></guid><description><![CDATA[Local onion prices are soaring because of a rise in the cost of imports of the commodity from India.India  is increasing the minimum export price (MEP) for onions in a bid to  discourage exports, to calm food inflation in its domestic market.India  h.....]]></description><pubDate>October 01,2010</pubDate></item><item><title><![CDATA[Adani Group Invests in Mundra Port [October 01,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/344/Adani_Group_Invests_in_Mundra_Port/index.html]]></guid><description><![CDATA[The Adani group is to invest $1.2bn in the Mundra Port and Special Economic Zone over the next five years.The  aim is to reach 200m tonnes in throughput by 2020.Mundra Port and  Special Economic Zone (MPSEZ) Limited manages the largest privately  own.....]]></description><pubDate>October 01,2010</pubDate></item><item><title><![CDATA[Rupee Volatility, not Gglobal Currency wars, Impacts Exports most: Economists [October 01,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/345/Rupee_Volatility_not_Gglobal_Currency_wars_Impacts_Exports_most_Economists/index.html]]></guid><description><![CDATA[NEW DELHI: The international community is waking up to the threat of  warfare, with some large economies trying to strengthen the faltering  economic recovery by managing their currencies in a bid to increase  exports.&ldquo;We are in the midst of an.....]]></description><pubDate>October 01,2010</pubDate></item><item><title><![CDATA[Bharti Makes Last-Ditch Effort at Getting FDI into Retail [October 01,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/346/Bharti_Makes_Last-Ditch_Effort_at_Getting_FDI_into_Retail/index.html]]></guid><description><![CDATA[With two weeks remaining for the government to start firming up its  stand on allowing foreign companies to start retail chains, Bharti  WalMart, the biggest foreign collaboration in retail, stepped up its  efforts to get the restrictions removed.The.....]]></description><pubDate>October 01,2010</pubDate></item><item><title><![CDATA[Rupee Gains 17 Paise against Dollar in Opening Trade [October 01,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/347/Rupee_Gains_17_Paise_against_Dollar_in_Opening_Trade/index.html]]></guid><description><![CDATA[MUMBAI: The rupee appreciated by 17 paise to 44.77 against the US dollar  in the early trade at the Interbank Foreign Exchange today on capital  inflows into equities by foreign funds.The US currency's losses against other major currencies also suppo.....]]></description><pubDate>October 01,2010</pubDate></item><item><title><![CDATA[Govt Allows Cotton Export Registration from Oct 1 [September 30,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/338/Govt_Allows_Cotton_Export_Registration_from_Oct_1/index.html]]></guid><description><![CDATA[NEW DELHI: The cotton export registration will commence from October 1,  said Mr Anand Sharma , commerce and industry minister. It was also  announced that the cotton shipments will only start in November.The  decision regarding the Textile ministry'.....]]></description><pubDate>September 30,2010</pubDate></item><item><title><![CDATA[Kumar Urban Development to Build Rs 1000 cr IT SEZ in Pune [September 30,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/339/Kumar_Urban_Development_to_Build_Rs_1000_cr_IT_SEZ_in_Pune/index.html]]></guid><description><![CDATA[Developer Kumar Urban Development Limited (KUL) is setting up an IT  Special Economic Zone (SEZ) project in Pune with a proposed total  investment of Rs 1000 crore.The company will invest about Rs 400  crore in the first phase of the project, christe.....]]></description><pubDate>September 30,2010</pubDate></item><item><title><![CDATA[Rupee up 30 Paise to 44.85 on Dollar Sale [September 30,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/340/Rupee_up_30_Paise_to_4485_on_Dollar_Sale/index.html]]></guid><description><![CDATA[MUMBAI: The Indian rupee on Wednesday rose by 30 paise to 44.85 against  the US dollar in the early trade as exporters sold the American currency  guided by weak global cues.At the Interbank Foreign Exchange  (Forex) market, the domestic unit resumed.....]]></description><pubDate>September 30,2010</pubDate></item><item><title><![CDATA[Govt Tweaks FDI Rules, Wholesalers Gain [September 30,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/341/Govt_Tweaks_FDI_Rules_Wholesalers_Gain/index.html]]></guid><description><![CDATA[NEW DELHI: In a move seen as benefitting wholesalers such as Bharti  Wal-Mart, the government on Wednesday allowed retailers to sell goods  sourced from their foreign investment-funded wholesale ventures by  removing the stipulation that such sales s.....]]></description><pubDate>September 30,2010</pubDate></item><item><title><![CDATA[November to Restart of Cotton Export [September 30,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/342/November_to_Restart_of_Cotton_Export/index.html]]></guid><description><![CDATA[The Indian government has decided that it will again allow for export of  cotton from November 1. This is being done since there has been a good  monsoon this year and thus the production too has turned out to be good.A  high powered Cabinet minister.....]]></description><pubDate>September 30,2010</pubDate></item><item><title><![CDATA[Soy Exports to See Phenomenal Prise [September 29,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/333/Soy_Exports_to_See_Phenomenal_Prise/index.html]]></guid><description><![CDATA[NCDEX October Soybean futures closed lower on account of fresh arrivals  of soybean in major markets amid favorable weather conditions.Spread between NCDEX October and November contract is Rs 35.00 against previous day of Rs 23.00 per 100 Kg.CBOT  No.....]]></description><pubDate>September 29,2010</pubDate></item><item><title><![CDATA[Rupee Down by 14 Paise Versus Dolllar [September 29,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/334/Rupee_Down_by_14_Paise_Versus_Dolllar/index.html]]></guid><description><![CDATA[Snapping its two-day gaining streak, the rupee today ended lower by 14  paise against the US currency following month-end dollar demand amid  some weakness in equities.In active trade at the Interbank  Foreign Exchange (Forex) market, the domestic un.....]]></description><pubDate>September 29,2010</pubDate></item><item><title><![CDATA[India Considering Import Duty on Power Equipment - Report [September 29,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/335/India_Considering_Import_Duty_on_Power_Equipment_-_Report/index.html]]></guid><description><![CDATA[Cabinet Committee on Economic Affairs said that government may consider levying import duty on power equipment.Earlier,  a committee of secretaries had proposed to impose 5% customs duty, 10%  CVD and 4% SAD on imported power equipment to provide a l.....]]></description><pubDate>September 29,2010</pubDate></item><item><title><![CDATA[SEZ Deadlines Aimed at Speeding up things, Says Govt Official [September 29,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/336/SEZ_Deadlines_Aimed_at_Speeding_up_things_Says_Govt_Official/index.html]]></guid><description><![CDATA[&nbsp;"In the first quarter of the current year, SEZ exports increased by 68 per cent over the corresponding period last  year," Prasad said. The total investment was Rs 1,66,527 crore in SEZs  according to data available 2-3-months ago, Prasad said,.....]]></description><pubDate>September 29,2010</pubDate></item><item><title><![CDATA[SA Wants India to Lower 30% Import Tariff on Wine [September 29,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/337/SA_Wants_India_to_Lower_30%_Import_Tariff_on_Wine/index.html]]></guid><description><![CDATA[MUMBAI &mdash; SA&rsquo;s consul-general to India, Busi Kuzwayo yesterday called on  the Indian government to lower its double-digit import tariff on South  African wines.India had imposed a 30% import duty on wines imported from SA, Ms Kuzwayo said......]]></description><pubDate>September 29,2010</pubDate></item><item><title><![CDATA[Exports from SEZs may see a Downward Trend in Q2 [September 28,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/328/Exports_from_SEZs_may_see_a_Downward_Trend_in_Q2/index.html]]></guid><description><![CDATA[After jumping by as much as 68 per cent in the first quarter of the  current fiscal, exports from special economic zones (SEZ) may see a  downturn in the second quarter, said HAC Prasad, senior economic  adviser, Department of Economic Affairs. &ldqu.....]]></description><pubDate>September 28,2010</pubDate></item><item><title><![CDATA[Price Rise could Delay Cotton Exports [September 28,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/329/Price_Rise_could_Delay_Cotton_Exports/index.html]]></guid><description><![CDATA[Mumbai: Major producer may delay cotton exports by two weeks to  mid-October because of dwindling stockpiles and poor arrivals of a new  crop, industry officials said, potentially spurring global prices.&ldquo;India,  world's second biggest producer,.....]]></description><pubDate>September 28,2010</pubDate></item><item><title><![CDATA[Follow Market Mechanism on Wheat Export [September 28,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/330/Follow_Market_Mechanism_on_Wheat_Export/index.html]]></guid><description><![CDATA[The monthly report of the department of economic affairs, ministry of  finance, that appeared in mid-September 2010, affirms, &ldquo;If India could  look at easing wheat export curbs currently in place, subject to the  2010-11 wheat production prospe.....]]></description><pubDate>September 28,2010</pubDate></item><item><title><![CDATA[India - Textile Ministry Proposes Rs 2,500/tonne Duty on Cotton Exports [September 28,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/331/India_-_Textile_Ministry_Proposes_Rs_2500/tonne_Duty_on_Cotton_Exports/index.html]]></guid><description><![CDATA[The Textiles Ministry has proposed a duty of Rs 2,500 per tonne on  cotton exports to ensure that the domestic industry, lobbying hard for  export curbs, gets adequate quantity of the natural fibre.Much  to the advantage of the industry, registration.....]]></description><pubDate>September 28,2010</pubDate></item><item><title><![CDATA[Balance Between FDI, FII lop-Sided in India: Citigroup [September 28,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/332/Balance_Between_FDI_FII_lop-Sided_in_India_Citigroup/index.html]]></guid><description><![CDATA[There has been a lot of talk about how India is restricting foreign  direct investment (FDI) in certain sectors. But a report by Citigroup  says that compared to the trickle in 2000, FDI into India has today  become a downpour and in the process, sho.....]]></description><pubDate>September 28,2010</pubDate></item><item><title><![CDATA[SEZ Online by October 15 - Commerce Ministry [September 27,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/323/SEZ_Online_by_October_15_-_Commerce_Ministry/index.html]]></guid><description><![CDATA[It s reported that ministry of commerce has decided to launch SEZ Online from October 15th which will benefits &amp; facilitate SEZ Developers / SEZ Units / EOUs working under the jurisdiction of the Development  Commissioners all over the country an.....]]></description><pubDate>September 27,2010</pubDate></item><item><title><![CDATA[Coffee Exports up 50% in 2009-10 [September 27,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/324/Coffee_Exports_up_50%_in_2009-10/index.html]]></guid><description><![CDATA[Bangalore: Coffee season for 2009-10, which ends in September, is likely to witness more than 50% increase in coffee exports.As  per the latest statistics available with the Coffee Board, exports  climbed up 53% to 2.65 lakh tonne in the current coff.....]]></description><pubDate>September 27,2010</pubDate></item><item><title><![CDATA[Export, Import of Pharma Products via Mormugao [September 27,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/325/Export_Import_of_Pharma_Products_via_Mormugao/index.html]]></guid><description><![CDATA[PANAJI: Mormugao port will shortly be notified as a designated port for  import and export of pharmaceutical products manufactured in Goa. Also,  the Drugs Controller General of India&nbsp; (DCGI) will set up its  zonalcum-assistant drug controller's.....]]></description><pubDate>September 27,2010</pubDate></item><item><title><![CDATA[India Inc's Foreign Investments to Rise in Next Few Years [September 27,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/326/India_Inc's_Foreign_Investments_to_Rise_in_Next_Few_Years/index.html]]></guid><description><![CDATA[NEW DELHI: Corporate India's overseas investment is likely to see a  significant jump in the next few years, as more companies seek to  explore newer markets and make strategic moves in crisis-hit developed  economies, a report has said."India's outw.....]]></description><pubDate>September 27,2010</pubDate></item><item><title><![CDATA[India, Germany should Aim to Double Trade to $30 bn by 2014 [September 27,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/327/India_Germany_should_Aim_to_Double_Trade_to_$30_bn_by_2014/index.html]]></guid><description><![CDATA[India and Germany should identify sectors of potential partnership and  evolve a roadmap to double two-way trade to $30 billion by 2014, an  industry lobby said Sunday.'Given the strong foundation of  mutual respect and long-standing economic relatio.....]]></description><pubDate>September 27,2010</pubDate></item><item><title><![CDATA[Govt's Cotton Policy to Look at Stabilising Prices [September 25,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/319/Govt's_Cotton_Policy_to_Look_at_Stabilising_Prices/index.html]]></guid><description><![CDATA[In view of increasing prices of cotton, the government will soon  announce the Cotton Security Policy next week, in time for the beginning  of the cotton season. While the government readies to announce the  policy, weavers and powerloom owners have .....]]></description><pubDate>September 25,2010</pubDate></item><item><title><![CDATA[Commerce Ministry says SEZ To Go Online By 15th October 2010 [September 25,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/320/Commerce_Ministry_says_SEZ_To_Go_Online_By_15th_October_2010/index.html]]></guid><description><![CDATA[New Delhi:&nbsp; Ministry of Commerce has decided to launch &ldquo;SEZ Online&rdquo; from October 15th which will benefits &amp; facilitate SEZ Developers / SEZ Units / EOUs working under the jurisdiction of the Development  Commissioners all over th.....]]></description><pubDate>September 25,2010</pubDate></item><item><title><![CDATA[India's Forex Reserves up by $3.23 bn to $287.73 bn [September 25,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/321/India's_Forex_Reserves_up_by_$323_bn_to_$28773_bn/index.html]]></guid><description><![CDATA[MUMBAI: The country's forex reserves rose by USD 3.23 billion to USD  287.73 billion last week from USD 284.50 billion in the previous week,  according to RBI data released today.Foreign currency assets, a  major component of the forex kitty, shot up.....]]></description><pubDate>September 25,2010</pubDate></item><item><title><![CDATA[Detergents Threaten Price Hike [September 25,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/322/Detergents_Threaten_Price_Hike/index.html]]></guid><description><![CDATA[Detergents manufacturers in the country on Friday said prices of their  products could see a hike of up to 12 per cent if a move to impose  anti-dumping duty on soda ash goes ahead. "If anti-dumping duty is  imposed on soda ash, there will be an incr.....]]></description><pubDate>September 25,2010</pubDate></item><item><title><![CDATA[SEZ Approvals to Go Online from October [September 24,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/313/SEZ_Approvals_to_Go_Online_from_October/index.html]]></guid><description><![CDATA[New Delhi: Getting approvals for setting up units in SEZs will be done  electronically from next month, a move which will help entrepreneurs  reduce transaction costs, a senior Commerce Ministry official said."Special  economic zones online means all.....]]></description><pubDate>September 24,2010</pubDate></item><item><title><![CDATA[Inflation Rate to Fall to 5.5 Percent by Fiscal End: Rangarajan [September 24,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/314/Inflation_Rate_to_Fall_to_55_Percent_by_Fiscal_End_Rangarajan/index.html]]></guid><description><![CDATA[The rate of inflation is expected to fall to 5.5 percent by the end of  this fiscal. By December, the inflation will be around 6.5 percent, down  from the current 8.5 percent, said India's top economist.Speaking  to reporters on the sidelines of a fu.....]]></description><pubDate>September 24,2010</pubDate></item><item><title><![CDATA[Indian Finance Ministry said the Country may Surpass the Growth Rate of 8.5%-8.75% [September 24,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/315/Indian_Finance_Ministry_said_the_Country_may_Surpass_the_Growth_Rate_of_85%-875%/index.html]]></guid><description><![CDATA[Pranab Mukherjee the honorable Finance Minister of India said on  Thursday that the country can surpass its target economic growth of  eight decimal five to eight decimal seven five percent in this financial  tear ending in the month of March.Mr. Muk.....]]></description><pubDate>September 24,2010</pubDate></item><item><title><![CDATA[Govt Rejects Etisalat's FDI Proposals [September 24,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/316/Govt_Rejects_Etisalat's_FDI_Proposals/index.html]]></guid><description><![CDATA[The government has rejected 12 FDI proposals, including telecom company  Etisalat DB's plan to transfer a resident's shares to a non-resident,  and UTStarcom India Telecom's plan to undertake additional activity in  the telecom sector.Foreign Investm.....]]></description><pubDate>September 24,2010</pubDate></item><item><title><![CDATA[India Unable to Export Onions to Pakistan Due to Inflated Prices [September 24,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/317/India_Unable_to_Export_Onions_to_Pakistan_Due_to_Inflated_Prices/index.html]]></guid><description><![CDATA[First time in the last several years, India is facing hardships to  export onion to Pakistan and other countries due to inflated export  prices and exporters are getting fewer orders from Pakistan. India had  remained the number of one exporter of on.....]]></description><pubDate>September 24,2010</pubDate></item><item><title><![CDATA[India Ready to Export Reactors [September 24,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/318/India_Ready_to_Export_Reactors/index.html]]></guid><description><![CDATA[In India's statement to the 54th General Conference of the International  Atomic Energy Agency (IAEA) in Vienna, Indian Atomic Energy Commission  chairman Srikumar Banerjee said that Nuclear Power Corporation of India  Ltd (NPCIL) is "ready to offer .....]]></description><pubDate>September 24,2010</pubDate></item><item><title><![CDATA[GOI Revises Duty Drawback Rates for Gold and Silver [September 22,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/308/GOI_Revises_Duty_Drawback_Rates_for_Gold_and_Silver/index.html]]></guid><description><![CDATA[The Gem and Jewellery Export Promotion Council of India (GJEPC) informed  that The Government of India (GoI) has revised All Industry Rates for  Duty Drawback on precious metal gold and silver jewellery that is meant  for export purposes only. The re.....]]></description><pubDate>September 22,2010</pubDate></item><item><title><![CDATA[Andhra Pradesh Leads the Country in Number of SEZs; it has 74 of the 350-plus SEZs that have been .. [September 22,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/309/Andhra_Pradesh_Leads_the_Country_in_Number_of_SEZs;_it_has_74_of_the_350-plus_SEZs_that_have_been_/index.html]]></guid><description><![CDATA[Andhra Pradesh leads the country in number of SEZs; it has 74 of the 350-plus SEZs that have been notified all over India. THE  proactive policies of the government of Andhra Pradesh have built up  investors' confidence and helped the State emerge as.....]]></description><pubDate>September 22,2010</pubDate></item><item><title><![CDATA[India may not Face Euro-like Situation Despite High Debt [September 22,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/310/India_may_not_Face_Euro-like_Situation_Despite_High_Debt/index.html]]></guid><description><![CDATA[MUMBAI: INDIA is unlikely to slip into a euro-like situation despite  figuring among the top debtor nations, according to a finance ministry  report.The report titled, &lsquo;India&rsquo;s external debt &mdash; a status  report&rsquo; placed on the f.....]]></description><pubDate>September 22,2010</pubDate></item><item><title><![CDATA[Easing FDI norms for existing ventures [September 22,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/311/Easing_FDI_norms_for_existing_ventures/index.html]]></guid><description><![CDATA["Praise, like sunlight, helps all things to grow.&rdquo; Hence, much praise is  due for the recent initiatives of the department of industrial policy  and promotion (DIPP), functioning under the commerce ministry. In  keeping with its promise to ease.....]]></description><pubDate>September 22,2010</pubDate></item><item><title><![CDATA[India's Cut and Polished Diamond Exports Rise 65.24% in August [September 22,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/312/India's_Cut_and_Polished_Diamond_Exports_Rise_6524%_in_August/index.html]]></guid><description><![CDATA[India&rsquo;s total gem and jewellery exports in August 2010 rose 64 percent  to US$ 3,155.14 million, from US$ 1,884.30 million in August 2009. Cut  and polished diamond exports valued US$ 2,301.77 million after rising  65.24 percent from US$ 1,392......]]></description><pubDate>September 22,2010</pubDate></item><item><title><![CDATA[Leather Industry Poised to Shine as China Fades in Buyers' Radar [September 21,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/303/Leather_Industry_Poised_to_Shine_as_China_Fades_in_Buyers'_Radar/index.html]]></guid><description><![CDATA[Chennai: A spike in the cost of Chinese leather and leather products may  well turn out to be boon for the leather industry here as the US and  European buyers are mulling over plans to step up sourcing from the  country. According to industry source.....]]></description><pubDate>September 21,2010</pubDate></item><item><title><![CDATA[GIREM third edition to focus on sustainable development and management [September 21,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/304/GIREM_third_edition_to_focus_on_sustainable_development_and_management/index.html]]></guid><description><![CDATA[&lsquo;POWER THE FUTURE&rsquo;, is the focal theme of the third edition of GIREM,  Global Initiative for Restructuring Environment and Management, the  flagship Urban Development and Real Estate Conference to be held in Goa  from September 23 to 25, .....]]></description><pubDate>September 21,2010</pubDate></item><item><title><![CDATA[Export may provide bullish impact on Jeera [September 21,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/305/Export_may_provide_bullish_impact_on_Jeera/index.html]]></guid><description><![CDATA[Markets failed to take any clear direction for Jeera last week as low  export demand prevented any major upside movement. Markets however seem  to stabilize at the lower levels and traders are expecting a rise in  exports in coming weeks to support t.....]]></description><pubDate>September 21,2010</pubDate></item><item><title><![CDATA[Can India Absorb the FDI Rush Coming it's way? [September 21,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/306/Can_India_Absorb_the_FDI_Rush_Coming_it's_way?/index.html]]></guid><description><![CDATA[India is now rated as the second-most favoured destination for foreign  direct investment (FDI) in the world after China, according to AT  Kearney&rsquo;s latest global FDI Confidence Index, an annual survey of  executives of the world&rsquo;s larges.....]]></description><pubDate>September 21,2010</pubDate></item><item><title><![CDATA[India Surging to Record Trade Deficit [September 21,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/307/India_Surging_to_Record_Trade_Deficit/index.html]]></guid><description><![CDATA[MUMBAI&nbsp; India's tearaway economy, with an 8.8% growth rate, may drive  the country's trade deficit to a record US$135 billion this fiscal year.  That trade gap could mean big trouble lies ahead, or it might simply be  a measure of the country's .....]]></description><pubDate>September 21,2010</pubDate></item><item><title><![CDATA[Current Account Deficit Too Wide [September 20,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/298/Current_Account_Deficit_Too_Wide/index.html]]></guid><description><![CDATA[If a country&rsquo;s current account is in deficit, it would imply that its  imports of goods and services are higher than its income from exports  and remittances from non-residents .The current account deficit  also implies that the country is push.....]]></description><pubDate>September 20,2010</pubDate></item><item><title><![CDATA[Rupee Gains Tracking Shares Rise, Dollar Watched [September 20,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/299/Rupee_Gains_Tracking_Shares_Rise_Dollar_Watched/index.html]]></guid><description><![CDATA[MUMBAI: Rupee gained on Monday morning tracking gains in the domestic  sharemarket and the dollar's weakness versus major currencies overseas  and other Asian peers.At 9:20 am, the partially convertible rupee was at 45.75/76 per dollar, above 45.835/.....]]></description><pubDate>September 20,2010</pubDate></item><item><title><![CDATA[Food Price Inflation, $2.4 Billion Government Debt Sale: India Week Ahead [September 20,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/300/Food_Price_Inflation_$24_Billion_Government_Debt_Sale_India_Week_Ahead/index.html]]></guid><description><![CDATA[India will report food inflation data for the seven days to Sept. 11  after Farm Minister Sharad Pawar last week said the winter wheat harvest  in the world&rsquo;s second-biggest producer of the crop will reach a record.An  index measuring wholesale.....]]></description><pubDate>September 20,2010</pubDate></item><item><title><![CDATA[FDI: Time to Get The Money In [September 20,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/301/FDI_Time_to_Get_The_Money_In/index.html]]></guid><description><![CDATA[When the department of industrial policy and promotion (DIPP) came out  with a 21-page discussion paper on opening multi-brand retail to foreign  investors two months ago, it came as a surprise even to die-hard  pro-reform activists and lobbyists.Aft.....]]></description><pubDate>September 20,2010</pubDate></item><item><title><![CDATA[Government Urged Not to Cut Duty Drawback Rates [September 20,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/302/Government_Urged_Not_to_Cut_Duty_Drawback_Rates/index.html]]></guid><description><![CDATA[New Delhi : Indian exporters&nbsp; Saturday urged the central government to  defer its decision to cut duty drawback rates, saying it would  negatively affect exports of items like textiles, leather and  handicrafts.&lsquo;Reduction in rate will furt.....]]></description><pubDate>September 20,2010</pubDate></item><item><title><![CDATA[Forex reserves decline $828 m to $285 b [September 18,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/293/Forex_reserves_decline_$828_m_to_$285_b/index.html]]></guid><description><![CDATA[MUMBAI: The country&rsquo;s forex reserves dipped $828 million during the week  ended September 10, largely on account of revaluation of non-dollar  assets. The reserves are at $284.5 billion.Foreign currency  assets, comprising dollars, British poun.....]]></description><pubDate>September 18,2010</pubDate></item><item><title><![CDATA[BOA grants formal approval to 10 SEZs [September 18,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/294/BOA_grants_formal_approval_to_10_SEZs/index.html]]></guid><description><![CDATA[The Board of Approval of the Special Economic Zones (SEZs) has  recommended grant of ten formal approvals and one in-principal approval  in its recently concluded meeting. The proposals which received formal approvals are:&bull;  M/s. Poornimadevi Te.....]]></description><pubDate>September 18,2010</pubDate></item><item><title><![CDATA[Broadcasting in India: Hike FDI�s to 49% in FM Radio, 74% IN DTH: ASSOCHAM - PWC [September 18,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/295/Broadcasting_in_India_Hike_FDI�s_to_49%_in_FM_Radio_74%_IN_DTH_ASSOCHAM_-_PWC/index.html]]></guid><description><![CDATA[Mumbai, India (Washington Bangla Radio) The Associated Chambers of  Commerce and Industry of India (ASSOCHAM) and Pricehouse Watercoopers  (PWC) have recommended to streamline &ldquo;FDI&rsquo;s regimes for Media &amp;  Entertainment Sector (M&amp;E).....]]></description><pubDate>September 18,2010</pubDate></item><item><title><![CDATA[Govt likely to allow FDI in LLPs with riders [September 18,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/296/Govt_likely_to_allow_FDI_in_LLPs_with_riders/index.html]]></guid><description><![CDATA[The government is planning to allow foreign direct investment (FDI)  through approval route in the new form of business entity, Limited  Liability Partnership (LLP), albeit with certain riders.Sources  told The Indian Express that while FDI of 49 per.....]]></description><pubDate>September 18,2010</pubDate></item><item><title><![CDATA[Dips in Turmeric may be limited on low stocks [September 18,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/297/Dips_in_Turmeric_may_be_limited_on_low_stocks/index.html]]></guid><description><![CDATA[Pepper and Jeera futures traded volatile while Turmeric moved up and  gained about 3% during the day. The NCDEX pepper September traded in the  range of Rs.19998-19610 and closed at Rs. Jeera September contract was  firm during the day and closed wit.....]]></description><pubDate>September 18,2010</pubDate></item><item><title><![CDATA[Govt clears 11 new SEZ proposals [September 17,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/288/Govt_clears_11_new_SEZ_proposals/index.html]]></guid><description><![CDATA[NEW DELHI: The government today cleared 11 new proposals to set up special economic zones, including those of Infosys and Wipro.In  its meeting here, the inter-ministerial Board of Approval (BoA) also  approved India's largest stainless steel produce.....]]></description><pubDate>September 17,2010</pubDate></item><item><title><![CDATA[Rupee jumps 21 paise to six-week high against dollar [September 17,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/289/Rupee_jumps_21_paise_to_six-week_high_against_dollar/index.html]]></guid><description><![CDATA[The rupee today gained 21 paise to close at nearly six-week high of  46.14/15 against the dollar after RBI raised its key rates amid  continued heavy capital inflows.Sustained selling of the  American currency by banks and exporters amid weak dollar .....]]></description><pubDate>September 17,2010</pubDate></item><item><title><![CDATA[FDI in realty sector: no change in lock-in period [September 17,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/290/FDI_in_realty_sector_no_change_in_lock-in_period/index.html]]></guid><description><![CDATA[Union Commerce and Industry Minister Anand Sharma on Thursday ruled out  any change or flexibility in the three-year minimum lock-in period for  foreign direct investment (FDI) flows in the realty sector.Virtually  rejecting the claim of the real est.....]]></description><pubDate>September 17,2010</pubDate></item><item><title><![CDATA[India to draw 7-year strategic plan for tea industry [September 17,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/291/India_to_draw_7-year_strategic_plan_for_tea_industry/index.html]]></guid><description><![CDATA[India is working on a strategic plan for an ambitious growth of its tea industry over the next seven years."The  government has directed us to submit by this month-end a strategic plan  for the next phase of growth in the industry during the remainin.....]]></description><pubDate>September 17,2010</pubDate></item><item><title><![CDATA[Commerce Ministry to seek Cabinet nod soon for Indo-Japan trade pact [September 17,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/292/Commerce_Ministry_to_seek_Cabinet_nod_soon_for_Indo-Japan_trade_pact/index.html]]></guid><description><![CDATA[NEW DELHI: The Commerce Ministry will seek the Cabinet's approval soon  for the India-Japan free trade agreement (FTA) likely to be signed  during the Prime Minister Manmohan Singh's forthcoming visit to Tokyo in  October.Singh is expected to attend .....]]></description><pubDate>September 17,2010</pubDate></item><item><title><![CDATA[Import of poultry from India begins soon [September 15,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/282/Import_of_poultry_from_India_begins_soon/index.html]]></guid><description><![CDATA[The government has decided to allow import of one day-old broiler and  layer chicks and eggs from India to break the monopoly of some big  companies in the country's poultry sector and to meet the increasing  demands, said a competent source.Md Sharf.....]]></description><pubDate>September 15,2010</pubDate></item><item><title><![CDATA[India to Register Cotton Exports From Oct. 1, Fortnight Later Than Planned [September 15,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/283/India_to_Register_Cotton_Exports_From_Oct_1_Fortnight_Later_Than_Planned/index.html]]></guid><description><![CDATA[India, the world&rsquo;s second biggest cotton grower, will begin registration  of export contracts from Oct. 1, a fortnight later than planned,  Textile Secretary Rita Menon said in New Delhi today, without giving  more information.The government mu.....]]></description><pubDate>September 15,2010</pubDate></item><item><title><![CDATA[Industry demands benefit sharing between exporters, producers [September 15,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/284/Industry_demands_benefit_sharing_between_exporters_producers/index.html]]></guid><description><![CDATA[The Consumer Unity &amp; Trust Society (CUTS) International has  emphasised on the need for exporters to share their profits or benefits  with the producers in order to uplift the informal industry engaged in  producing export-oriented goods. This de.....]]></description><pubDate>September 15,2010</pubDate></item><item><title><![CDATA[PSL revives SEZ plan as new tax code lifts haze [September 15,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/285/PSL_revives_SEZ_plan_as_new_tax_code_lifts_haze/index.html]]></guid><description><![CDATA[PSL Ltd, a pipe manufacturer, is expecting its single-product special  economic zone, which was mooted two years ago, to gather momentum with  the Direct Taxes Code (DTC) bill clearing the air on the tax  implications for SEZs.In 2008, PSL had propos.....]]></description><pubDate>September 15,2010</pubDate></item><item><title><![CDATA[Indirect tax mop up zooms 45 pc during Apr-Aug [September 15,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/286/Indirect_tax_mop_up_zooms_45_pc_during_Apr-Aug/index.html]]></guid><description><![CDATA[New Delhi, Sep 14 (PTI) The indirect tax collection in the first five  months of the current fiscal rose by over 45 per cent to Rs 1.24 lakh  crore, indicating an upswing in industrial activity."Indirect  tax collections from customs, central excise .....]]></description><pubDate>September 15,2010</pubDate></item><item><title><![CDATA[ Indian rupee rises to month high [September 15,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/287/_Indian_rupee_rises_to_month_high/index.html]]></guid><description><![CDATA[The Indian rupee has strengthened against the dollar and touched it&rsquo;s  highest in a month on Monday backed by positive data relating to factory  output and increasing risk appetite among investors.The  partially convertible rupee was at 46.29/3.....]]></description><pubDate>September 15,2010</pubDate></item><item><title><![CDATA[Onion exports down 53% in Aug due to high export prices [September 14,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/277/Onion_exports_down_53%_in_Aug_due_to_high_export_prices/index.html]]></guid><description><![CDATA[NEW DELHI: Higher export prices dragged down the country's onion exports  by 53 per cent to 87,428 tonnes in August, the fifth consecutive month  of decline, according to onion export regulator Nafed.India's onion exports stood at 1,86,144 tonnes in .....]]></description><pubDate>September 14,2010</pubDate></item><item><title><![CDATA[India Soybean Meal Export to Jump on 'Excellent' Crop [September 14,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/278/India_Soybean_Meal_Export_to_Jump_on_'Excellent'_Crop/index.html]]></guid><description><![CDATA[Soybean meal exports from India, Asia's biggest supplier, may jump 38  percent to the highest in three years as above-normal rain aids crops,  and Vietnam and South Korea increase purchases, a processors' group  said.Shipments, including sales to Ban.....]]></description><pubDate>September 14,2010</pubDate></item><item><title><![CDATA[Rupee climbs as shares rally; data eyed [September 14,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/279/Rupee_climbs_as_shares_rally;_data_eyed/index.html]]></guid><description><![CDATA[MUMBAI: The Indian rupee strengthened on Tuesday as shares rallied more  than 1 percent, boosting hopes for more portfolio inflows. The dollar's  losses versus major currencies also helped sentiment. At 10:25 a.m.  (0455 GMT), the partially convertib.....]]></description><pubDate>September 14,2010</pubDate></item><item><title><![CDATA[Column : High on FDI, low on globalisation [September 14,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/280/Column__High_on_FDI_low_on_globalisation/index.html]]></guid><description><![CDATA[FDI is often employed as the criterion for evaluating a country&rsquo;s  economic integration with the rest of the world. Both FDI inflows and  outflows are presumed to have positive relationships with globalisation.  The more these flows, the more g.....]]></description><pubDate>September 14,2010</pubDate></item><item><title><![CDATA[Pepper Futures Trade Above Rs 21k [September 14,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/281/Pepper_Futures_Trade_Above_Rs_21k/index.html]]></guid><description><![CDATA[NCDEX Pepper spurted lead by short covering amid strong technical cues  and strong demand. The benchmark September futures spurted above the  strong resistance levels with the futures gaining more than Rs 428 or  2.07 percent from the last close. The.....]]></description><pubDate>September 14,2010</pubDate></item><item><title><![CDATA[SEZs fear export slip [September 13,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/272/SEZs_fear_export_slip/index.html]]></guid><description><![CDATA[Exports from special economic zones (SEZs), which grew 68 per cent in  the first quarter of this fiscal, can fall if the direct taxes code&rsquo;s  suggestion to scrap benefits materialise.&ldquo;It is unlikely that  exports will continue to register.....]]></description><pubDate>September 13,2010</pubDate></item><item><title><![CDATA[Forex reserves up $2.5 b [September 13,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/273/Forex_reserves_up_$25_b/index.html]]></guid><description><![CDATA[Foreign exchange reserves were up by USD 2.486 billion to USD 285.33  billion for the week ending Sep 3, 2010 on account of an increase in the  foreign currency assets and gold reserves. The reserves have increased  for the second consecutive week.Fo.....]]></description><pubDate>September 13,2010</pubDate></item><item><title><![CDATA[Centre rules out banning iron ore export [September 13,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/274/Centre_rules_out_banning_iron_ore_export/index.html]]></guid><description><![CDATA[BANGALORE: Rejecting Karnataka government's plea, the Centre today ruled  out the possibility of banning iron ore exports, saying such move would  result in massive unemployment, revenue losses and social tensions.Union  Commerce and Industry Ministe.....]]></description><pubDate>September 13,2010</pubDate></item><item><title><![CDATA[Low output, good exports to push up tea prices [September 13,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/275/Low_output_good_exports_to_push_up_tea_prices/index.html]]></guid><description><![CDATA[Kochi: Declining production and higher exports are likely to push up tea  prices in the Indian market. Traders said production is lower in July  and is expected to be the same in August as well.This, coupled with good export demand, especially from E.....]]></description><pubDate>September 13,2010</pubDate></item><item><title><![CDATA[Conducive Business Environment Must for Steady Flow of FDI from India: FICCI [September 13,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/276/Conducive_Business_Environment_Must_for_Steady_Flow_of_FDI_from_India_FICCI/index.html]]></guid><description><![CDATA[New Delhi: The current bout of the malicious campaign by a Nepalese  media house against the Indian Joint Venture, Dabur India, is bound to  force Indian investors into their shell and result in shying away of FDI  to Nepal from other countries as we.....]]></description><pubDate>September 13,2010</pubDate></item><item><title><![CDATA[Losses due to duty free [September 11,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/267/Losses_due_to_duty_free/index.html]]></guid><description><![CDATA[The government had foregone revenue running to the tune of Rs. 14  billion due to the granting of import duty waivers last year, says the  Performance Report of the Department of Trade and Tariff.Of this amount, Rs. 13 billion had been foregone for t.....]]></description><pubDate>September 11,2010</pubDate></item><item><title><![CDATA[Govt wants to give FDI a push [September 11,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/268/Govt_wants_to_give_FDI_a_push/index.html]]></guid><description><![CDATA[NEW DELHI: In a move aimed at speeding up FDI flow, the government on  Friday proposed to allow foreign firms to bring in new technology and  set up new independent business without clearance from their existing  local joint venture partners.A foreig.....]]></description><pubDate>September 11,2010</pubDate></item><item><title><![CDATA[Industry sets doubts at rest, grows 13.8% in July [September 11,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/269/Industry_sets_doubts_at_rest_grows_138%_in_July/index.html]]></guid><description><![CDATA[NEW DELHI: Growth in India's industrial output nearly doubled from a  year-ago period to 13.8% in July on the back of a double-digit expansion  in capital goods production. The figures released on Friday beat down  fears of demand deceleration and li.....]]></description><pubDate>September 11,2010</pubDate></item><item><title><![CDATA[Fertiliser subsidies need a closer look : C Rangarajan [September 11,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/270/Fertiliser_subsidies_need_a_closer_look__C_Rangarajan/index.html]]></guid><description><![CDATA[Hyderabad, Sep 10 (PTI) Fertiliser subsidies need a close look and there  is need to take some action to bring them down, Dr C Ranagarajan,  chairman of the Prime Minister's Economic Advisory Council said here  today.Speaking at the College of Defenc.....]]></description><pubDate>September 11,2010</pubDate></item><item><title><![CDATA[Indo-Polish Bilateral Trade to touch 2 billion USD by 2013 [September 11,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/271/Indo-Polish_Bilateral_Trade_to_touch_2_billion_USD_by_2013/index.html]]></guid><description><![CDATA[New Delhi: Indo-Polish bilateral trade is likely to double to 2 billion  USD by 2013. The import and export between the two countries has crossed  $1 billion now. This was disclosed today by Ambassador Deepak Vohra,  Indian Ambassador to Poland at a .....]]></description><pubDate>September 11,2010</pubDate></item><item><title><![CDATA[US DOC made final rule on AD duty on stainless rod from India [September 10,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/262/US_DOC_made_final_rule_on_AD_duty_on_stainless_rod_from_India/index.html]]></guid><description><![CDATA[&nbsp;
It's reported that on September 3rd that US  Department of Commerce made final ruling on anti dumping administrative  review against stainless steel rod imports from India for the period  from February 1st 2008 through January 31st 2009.On Ma.....]]></description><pubDate>September 10,2010</pubDate></item><item><title><![CDATA[Indian tea prices firming up, exports up, production down [September 10,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/263/Indian_tea_prices_firming_up_exports_up_production_down/index.html]]></guid><description><![CDATA[The beleaguered Indian tea industry is on a comeback trail with exports  increasing and prices firming up in the weekly auctions despite adverse  climatic conditions hitting production and rampant pests eating away the  crop in some areas.'Exports ro.....]]></description><pubDate>September 10,2010</pubDate></item><item><title><![CDATA[Oilseeds, soyoil drop on higher crop hopes [September 10,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/264/Oilseeds_soyoil_drop_on_higher_crop_hopes/index.html]]></guid><description><![CDATA[MUMBAI: Indian oilseed and soyoil futures eased on Thursday afternoon,  tailing a drop in the U.S. market and expectations of better output of  local summer-sown oilseeds due to higher acreage, analysts said."Soybean  crop is in a good shape. We are .....]]></description><pubDate>September 10,2010</pubDate></item><item><title><![CDATA[Japan, India broadly agree to form free trade accord [September 10,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/265/Japan_India_broadly_agree_to_form_free_trade_accord/index.html]]></guid><description><![CDATA[Japan and India broadly agreed Thursday to form a  bilateral free trade deal that would eliminate tariffs on 94 percent of  trade between the two Asian powerhouses in 10 years, Foreign Minister  Katsuya Okada said.Following negotiations that started .....]]></description><pubDate>September 10,2010</pubDate></item><item><title><![CDATA[Passenger car exports from India dip 7% in Aug [September 10,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/266/Passenger_car_exports_from_India_dip_7%_in_Aug/index.html]]></guid><description><![CDATA[Passenger car exports from India declined by 7.21 per cent in August, as  automakers decided to focus on robust domestic market, while the  international markets are yet to pick up in demand, SIAM said on  Thursday.According to figures released by th.....]]></description><pubDate>September 10,2010</pubDate></item><item><title><![CDATA[Rupee rebounds by 21 paise to 46.63/64 against dollar [September 09,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/257/Rupee_rebounds_by_21_paise_to_4663/64_against_dollar/index.html]]></guid><description><![CDATA[MUMBAI: The rupee bounced back by 21 paise to 46.63/64 against the US  dollar&nbsp; today amid renewed dollar selling by banks and exporte rs as the  American currency fell to a 15-year low against the Japanese yen.Forex dealers said sustained capita.....]]></description><pubDate>September 09,2010</pubDate></item><item><title><![CDATA[India Mulls Importing Gas From Iran via Sea [September 09,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/258/India_Mulls_Importing_Gas_From_Iran_via_Sea/index.html]]></guid><description><![CDATA[India is likely to resume negotiations for independently importing  natural gas from Iran via a sea pipeline, according to a media report.&ldquo;India  has expressed willingness to restart negotiations through an  international firm, to independently.....]]></description><pubDate>September 09,2010</pubDate></item><item><title><![CDATA[Export of coir products to South Africa to enhance [September 09,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/259/Export_of_coir_products_to_South_Africa_to_enhance/index.html]]></guid><description><![CDATA[There is a chance of enhancement in the exports of coir products to  South Africa. The Coir Board of India has received many queries from  South Africa after the event that just ended in Johannesburg.The  show commenced from 30th August and was held .....]]></description><pubDate>September 09,2010</pubDate></item><item><title><![CDATA[GMR nears aero SEZ deal with AgustaWestland [September 09,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/260/GMR_nears_aero_SEZ_deal_with_AgustaWestland/index.html]]></guid><description><![CDATA[As part of efforts to find an anchor client for its aero special  economic zone (SEZ) at the international airport in Hyderabad,  infrastructure major GMR is said to be in advanced talks with helicopter  maker AgustaWestland.GMR Infra, through its su.....]]></description><pubDate>September 09,2010</pubDate></item><item><title><![CDATA[2 top cos drop IT SEZ plans in Pune, Thane [September 09,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/261/2_top_cos_drop_IT_SEZ_plans_in_Pune_Thane/index.html]]></guid><description><![CDATA[MUMBAI: The IT&nbsp; sector, which witnessed exponential growth for well over  a decade, appears to have been hit by the economic slowdown as well.  According to official records from the Board of Approval set up by the  Centre to study SEZ proposals.....]]></description><pubDate>September 09,2010</pubDate></item><item><title><![CDATA[Cashew exports fall on high local demandCashew exports fall on high local demand [September 08,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/252/Cashew_exports_fall_on_high_local_demandCashew_exports_fall_on_high_local_demand/index.html]]></guid><description><![CDATA[Kochi: Cashew exports continue to be weak with traders focusing more on  the domestic market where prices are a tad higher than global market.Exporters  said in the global market, buyers are reluctant to buy large volumes  and are opting to near-term.....]]></description><pubDate>September 08,2010</pubDate></item><item><title><![CDATA[India wheat futures almost steady [September 08,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/253/India_wheat_futures_almost_steady/index.html]]></guid><description><![CDATA[MUMBAI: India's wheat futures were trading in a narrow range on Tuesday  afternoon as hope the government could allow exports of the food grain  outweighed downward pressure on prices, analysts said. Traders expect  India to allow export of large amo.....]]></description><pubDate>September 08,2010</pubDate></item><item><title><![CDATA[Can lease units to non-SEZ parties: Reatox [September 08,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/254/Can_lease_units_to_non-SEZ_parties_Reatox/index.html]]></guid><description><![CDATA[NAGPUR: M/s Reatox Builders and Developers, coming up with First City  residential project in Mihan-special economic zone, has said it had been  authorized to lease the residential units also to persons from outside  the SEZ area. Reatox's managing d.....]]></description><pubDate>September 08,2010</pubDate></item><item><title><![CDATA[Perambalur accelerates process for SEZ [September 08,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/255/Perambalur_accelerates_process_for_SEZ/index.html]]></guid><description><![CDATA[PERAMBALUR: The Perambalur district administration is working towards  securing the Central Government's notification for its 3,000-acre,  multi-product Special Economic Zone (SEZ) along National Highway&ndash; 45  during November-December.The Tamil .....]]></description><pubDate>September 08,2010</pubDate></item><item><title><![CDATA[India Bonds Up, Choice Of Notes On Auction Cheers; Rupee Down [September 08,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/256/India_Bonds_Up_Choice_Of_Notes_On_Auction_Cheers;_Rupee_Down/index.html]]></guid><description><![CDATA[MUMBAI (Dow Jones)--Indian government bonds traded higher Tuesday as the  choice of bonds at the weekly debt sale boosted market confidence in  the central bank's ability to manage the government's massive borrowing  program without forcing yields hi.....]]></description><pubDate>September 08,2010</pubDate></item><item><title><![CDATA[Govt should allow export of foodgrains: CIFA
 [September 07,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/247/Govt_should_allow_export_of_foodgrains_CIFA
/index.html]]></guid><description><![CDATA[New Delhi, (PTI) Amid availability of large stocks of rice and wheat,  the government should allow the export of foodgrains to needy people in  Africa and other countries, the Consortium of Indian Farmers  Associations (CIFA) today said."The governme.....]]></description><pubDate>September 07,2010</pubDate></item><item><title><![CDATA[India allows unrestricted, tax free cotton export from Oct [September 07,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/248/India_allows_unrestricted_tax_free_cotton_export_from_Oct/index.html]]></guid><description><![CDATA[NEW DELHI (Commodity Online): India allowed unrestricted and free of tax  exports of cotton from October 1 under the Open General Licence (OGL),  an official release said.A notification released by the Commerce  Ministry states that, the export of co.....]]></description><pubDate>September 07,2010</pubDate></item><item><title><![CDATA[Marine exports jump about 22 pc in July [September 07,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/249/Marine_exports_jump_about_22_pc_in_July/index.html]]></guid><description><![CDATA[NEW DELHI: Seafood exports grew by about 22 per cent to $ 170 million  (Rs 790.55 crore) in July compared to the same month last fiscal, thanks  to increasing demand from markets like Japan and the US."There  has been an increase in demand for black .....]]></description><pubDate>September 07,2010</pubDate></item><item><title><![CDATA[Rupee ends at 4-week high against USD [September 07,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/250/Rupee_ends_at_4-week_high_against_USD/index.html]]></guid><description><![CDATA[MUMBAI: The Indian rupee today rallied by 10 paise to a four-week high  of 46.54/55 against the US dollar amid a sharp surge in domestic  equities and sluggishness of the American currency overseas.At  the Interbank Foreign Exchange, the domestic cur.....]]></description><pubDate>September 07,2010</pubDate></item><item><title><![CDATA[Pepper extend gains on increased exports [September 07,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/251/Pepper_extend_gains_on_increased_exports/index.html]]></guid><description><![CDATA[New Delhi, (PTI) Pepper prices rose by Rs 96, or 0.47 per cent, to Rs  20,539 per quintal in futures market today, as speculators created fresh  positions, supported by rise in its exports.However, subdued spot demand at the physical markets capped g.....]]></description><pubDate>September 07,2010</pubDate></item><item><title><![CDATA[Soyameal export jumps by 38 per cent in Aug: SOPA [September 06,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/242/Soyameal_export_jumps_by_38_per_cent_in_Aug_SOPA/index.html]]></guid><description><![CDATA[NEW DELHI: Soyameal exports in August rose sharply by over 38 per cent  to 1.7 lakh tonnes in comparison to the same month last year, the  Soyabean Processors Association of India (SOPA) has said.The  total export of soyameal, used mainly as animal f.....]]></description><pubDate>September 06,2010</pubDate></item><item><title><![CDATA[MRAI seeks Govt support to import radiation detection equipment [September 06,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/243/MRAI_seeks_Govt_support_to_import_radiation_detection_equipment/index.html]]></guid><description><![CDATA[AHMEDABAD: Metal Recycling Association of India (MRAI), the umbrella  organisation that brings under all regional associations as well as  individual companies of the Indian metal recycling industry, has  requested the government to reduce and/or abo.....]]></description><pubDate>September 06,2010</pubDate></item><item><title><![CDATA[INDIA: AEPC calls for calibrated cotton exports, unveils Common Compliance Co [September 06,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/244/INDIA_AEPC_calls_for_calibrated_cotton_exports_unveils_Common_Compliance_Co/index.html]]></guid><description><![CDATA[New Delhi: The Apparel Export Promotion Council (AEPC) urged the  government to ensure that exports of cotton / yarn are calibrated and do  not cause supply disruption to producers of garments for export and  domestic markets. &nbsp;The prices of cot.....]]></description><pubDate>September 06,2010</pubDate></item><item><title><![CDATA[Rupee gains 11 paise against dollar in early trade [September 06,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/245/Rupee_gains_11_paise_against_dollar_in_early_trade/index.html]]></guid><description><![CDATA[MUMBAI: The Indian rupee appreciated by 11 paise to Rs 46.53 a dollar in  early trade on the Interbank Foreign Exchange on Monday, supported by  fresh capital inflows by foreign funds and stronger Asian currencies  against the dollar.The rupee gained.....]]></description><pubDate>September 06,2010</pubDate></item><item><title><![CDATA[India to miss $200 bn export target: Assocham [September 06,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/246/India_to_miss_$200_bn_export_target_Assocham/index.html]]></guid><description><![CDATA[NEW DELHI: Industry body Assocham has said that India may miss the $200  billion export target for 2010-11 due to sluggish demand in Europe,  contrary to the government's assertion of meeting the target."India's  exports would be around $180 billion .....]]></description><pubDate>September 06,2010</pubDate></item><item><title><![CDATA[India expunges coconut oil export ban [September 03,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/237/India_expunges_coconut_oil_export_ban/index.html]]></guid><description><![CDATA[India has expunged the ban on export of coconut oil and allowed exporters to ship coconut oil in 5 kg packets from 13 ports in India.However, there are no quantity restrictions for the shipment from Kochi port, said India's Minister of State for Agri.....]]></description><pubDate>September 03,2010</pubDate></item><item><title><![CDATA[Turmeric hits contract low on output view; jeera down [September 03,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/238/Turmeric_hits_contract_low_on_output_view;_jeera_down/index.html]]></guid><description><![CDATA[MUMBAI: Turmeric futures hit a fresh contract low on Thursday depressed by poor demand and prospects of higher crop due to an increase in acreage, analysts said. Farmers sowed tumeric in larger areas this season after a shortage pushed up prices shar.....]]></description><pubDate>September 03,2010</pubDate></item><item><title><![CDATA[China, India urge stability of reserve currencies [September 03,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/239/China_India_urge_stability_of_reserve_currencies/index.html]]></guid><description><![CDATA[BEIJING: China and India on Thursday urged stability in major reserve currencies and in nations&rsquo; macro-economic policies to help cement the global recovery.&ldquo;It is of great significance to maintain the stability and continuity of macro-eco.....]]></description><pubDate>September 03,2010</pubDate></item><item><title><![CDATA[Khullar says DTC provides reprieve to SEZs [September 03,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/240/Khullar_says_DTC_provides_reprieve_to_SEZs/index.html]]></guid><description><![CDATA[Commerce ministry officials believe Special Economic Zones (SEZs) have escaped revisions to the Direct Tax Code (DTC) relatively unscathed for now, this despite an end to duty-free investments in sight. The SEZ scheme is now five-years old and, altho.....]]></description><pubDate>September 03,2010</pubDate></item><item><title><![CDATA[Govt extends anti-dumping duty on Belarus, Japan acrylic fibre [September 03,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/241/Govt_extends_anti-dumping_duty_on_Belarus_Japan_acrylic_fibre/index.html]]></guid><description><![CDATA[The government has decided to continue the imposition of anti-dumping duty on acrylic fibre from Belarus and Japan for five more years to protect the domestic industry from cheap imports.   The restrictive duty on acrylic fibre, a type of synthetic f.....]]></description><pubDate>September 03,2010</pubDate></item><item><title><![CDATA[Food Ministry asks Custom Dept not to allow sugar export [September 02,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/232/Food_Ministry_asks_Custom_Dept_not_to_allow_sugar_export/index.html]]></guid><description><![CDATA[New Delhi, Sep 1 (PTI) The Food Ministry has requested the Customs and Excise Departments not to allow sugar exports without its prior permission.The Centre had allowed import of raw sugar at zero duty between February 17, 2009 and September 2009 thr.....]]></description><pubDate>September 02,2010</pubDate></item><item><title><![CDATA[Chilli rises on export demand [September 02,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/233/Chilli_rises_on_export_demand/index.html]]></guid><description><![CDATA[Kochi: Chilli prices have bounced back from their recent lows on the back of short covering and good export demand at lower levels. While some analysts feel that the market would remain steady at this level due to good demand, others say prices might.....]]></description><pubDate>September 02,2010</pubDate></item><item><title><![CDATA[Garment exports decline again to $816 million [September 02,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/234/Garment_exports_decline_again_to_$816_million/index.html]]></guid><description><![CDATA[Even as overall exports from India have continued to grow, albeit at a slower pace, garment exports have gone deeper into the red.According to the latest data by the Apparel Export Promotion Council (AEPC) here on Wednesday, garment exports during Ju.....]]></description><pubDate>September 02,2010</pubDate></item><item><title><![CDATA[MAT on SEZs might dampen IT industry [September 02,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/235/MAT_on_SEZs_might_dampen_IT_industry/index.html]]></guid><description><![CDATA[NEW DELHI: IT firms today said the proposal of the Direct taxes Code (DTC) bill to impose 20 per cent Minimum Alternate Tax (MAT) might prove to be "a dampener for the sector", especially if extended to special economic zones (SEZ).MAT is imposed on .....]]></description><pubDate>September 02,2010</pubDate></item><item><title><![CDATA[Rupee to rise in 2010 on inflows, growth view: StanChart [September 02,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/236/Rupee_to_rise_in_2010_on_inflows_growth_view_StanChart/index.html]]></guid><description><![CDATA[MUMBAI: India's widening trade gap may eclipse forex market sentiment in the near-term, but prospects of capital inflows and strong economic growth may keep the outlook for the rupee bright in the medium-to-long-term, a strategist at Standard Charter.....]]></description><pubDate>September 02,2010</pubDate></item><item><title><![CDATA[India Gem and Jewellry Exports Up 54% [September 01,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/227/India_Gem_and_Jewellry_Exports_Up_54%/index.html]]></guid><description><![CDATA[Exports of gems and jewellry from India for April-July 2010 leapt 54% compared to 2009, initial data from the Gem and Jewellry Export Promotion Council indicated.In terms of dollar value, the increase was even higher &ndash; 68.55% - reaching a total.....]]></description><pubDate>September 01,2010</pubDate></item><item><title><![CDATA[Cotton traders agree on exports cap [September 01,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/228/Cotton_traders_agree_on_exports_cap/index.html]]></guid><description><![CDATA[COIMBATORE: Cotton traders have agreed to follow the Cotton Advisory Board&rsquo;s crop estimate for the coming season and limit exports to 49.5 lakh bales even though global prices are at two-year highs. Free exports in 2009-10 had led to a steep ri.....]]></description><pubDate>September 01,2010</pubDate></item><item><title><![CDATA[Cummins India to launch new plant for exports [September 01,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/229/Cummins_India_to_launch_new_plant_for_exports/index.html]]></guid><description><![CDATA[Auto-component major Cummins India will begin construction shortly on a new plant for export in markets like UK, Europe and USA, senior officials from the company told Business Standard. Cummins India announced in June this year that it will invest $.....]]></description><pubDate>September 01,2010</pubDate></item><item><title><![CDATA[Govt to fix cotton export quota tomorrow [September 01,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/230/Govt_to_fix_cotton_export_quota_tomorrow/index.html]]></guid><description><![CDATA[The government will tomorrow fix cotton export quota beyond which the shipments of natural fibre would attract prohibitive duty.Recently, the government has decided to lift cotton export restrictions from October 1."The Commerce Secretary along with .....]]></description><pubDate>September 01,2010</pubDate></item><item><title><![CDATA[India may sign trade agreement with SA [September 01,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/231/India_may_sign_trade_agreement_with_SA/index.html]]></guid><description><![CDATA[JOHANNESBURG: India may enter into a comprehensive trade and investment agreement with South Africa to bolster bilateral trade that has grown strongly despite the global slowdown.&ldquo;We are going to examine a comprehensive economic co-operation ag.....]]></description><pubDate>September 01,2010</pubDate></item><item><title><![CDATA[Pakistan to import 1 million cotton bales from India [August 31,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/221/Pakistan_to_import_1_million_cotton_bales_from_India/index.html]]></guid><description><![CDATA[Pakistani spinners have finalised deals with Indian exporters for import of one million bales of cotton since cotton crop has been extensively damaged in the floods that ravaged the country.Mohammad Akber, the vice-chairman of the All Pakistan Textil.....]]></description><pubDate>August 31,2010</pubDate></item><item><title><![CDATA[Soybean recovers on gains in crude oil [August 31,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/222/Soybean_recovers_on_gains_in_crude_oil/index.html]]></guid><description><![CDATA[NCDEX Soybean September futures recovered from lows ended 1% higher on closing note on positive global cues and strong oil prices settled at Rs.2059.The international demand is high with the increased spot participation and Heavy showers with favorab.....]]></description><pubDate>August 31,2010</pubDate></item><item><title><![CDATA[India unlikely to achieve $200-bn export target: Expert [August 31,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/223/India_unlikely_to_achieve_$200-bn_export_target_Expert/index.html]]></guid><description><![CDATA[VADODARA: India will find it difficult to achieve its ambitious export target of $200 billion in the current financial year as the global economic downturn was not yet over, an expert said on Monday.Without taking radical steps and simplifying proced.....]]></description><pubDate>August 31,2010</pubDate></item><item><title><![CDATA[U.S. announces export control restrictions review [August 31,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/224/US_announces_export_control_restrictions_review/index.html]]></guid><description><![CDATA[After many months of official silence on the matter, the United States has finally revealed some of its plans for overhauling its export control regime, which Indian Foreign Secretary Nirupama Rao described earlier this year as &ldquo;anachronistic.&.....]]></description><pubDate>August 31,2010</pubDate></item><item><title><![CDATA[Reprieve for SEZs till 2014, to attract MAT [August 31,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/225/Reprieve_for_SEZs_till_2014_to_attract_MAT/index.html]]></guid><description><![CDATA[The Direct Taxes Code (DTC) Bill, which was introduced in Parliament on Monday, offered a reprieve to special economic zones (SEZs) &mdash; at least till 2014. It, however, proposes to impose a 20 per cent Minimum Alternate Tax (MAT) on duty-free enc.....]]></description><pubDate>August 31,2010</pubDate></item><item><title><![CDATA[Centre urged to have relook in export of certain raw materials [August 31,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/226/Centre_urged_to_have_relook_in_export_of_certain_raw_materials/index.html]]></guid><description><![CDATA[The local chapter of the Indian Chamber of Commerce and Industry has asked the Centre to have a relook at export of certain raw materials like cotton and iron ore, which has led to a loss of foreign exchange, as India was importing the finished produ.....]]></description><pubDate>August 31,2010</pubDate></item><item><title><![CDATA[Commerce min to discuss cotton exports with agri, textile ministries [August 30,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/214/Commerce_min_to_discuss_cotton_exports_with_agri_textile_ministries/index.html]]></guid><description><![CDATA[The commerce ministry would hold a meeting with agriculture and textile ministries on September 1 to discuss cotton exports.Speaking to reporters here, commerce secretary Rahul Khullar said the meeting was being called to fix export quota.Cotton expo.....]]></description><pubDate>August 30,2010</pubDate></item><item><title><![CDATA[Textile exporters ride out of slowdown [August 30,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/215/Textile_exporters_ride_out_of_slowdown/index.html]]></guid><description><![CDATA[NEW DELHI: Textile exporters, who had been facing soft demand in key markets of the US and Europe as the developed economies struggled to shrug off a severe economic downturn, are once again seeing order flow that could lead to a turnaround in fortun.....]]></description><pubDate>August 30,2010</pubDate></item><item><title><![CDATA[Basmati exporters urge Centre to hold talks with EU over pesticide norms [August 30,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/216/Basmati_exporters_urge_Centre_to_hold_talks_with_EU_over_pesticide_norms/index.html]]></guid><description><![CDATA[New Delhi: With aromatic basmati rice from India kept out of the supermarkets in Germany for the last few months, following reports of the presence of high levels of pesticide residue, exporters are urging the government to hold discussion with the E.....]]></description><pubDate>August 30,2010</pubDate></item><item><title><![CDATA[Providing new lease of life to Banarasi silk [August 30,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/217/Providing_new_lease_of_life_to_Banarasi_silk/index.html]]></guid><description><![CDATA[VARANASI: The decision of the textile ministry to import 2,000 tons of high quality silk from China may be a welcome move, but weavers feel unless anti-dumping duty on finished Chinese fabrics is increased, they are not likely to get complete benefit.....]]></description><pubDate>August 30,2010</pubDate></item><item><title><![CDATA[Suspicion arises on export duty of silicon metal from China [August 30,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/218/Suspicion_arises_on_export_duty_of_silicon_metal_from_China/index.html]]></guid><description><![CDATA[TEX reported that a suspicion of evading the duty on export of silicon metal from China has arisen. In order to evade or to reduce the duty of 15% on export of silicon metal from China, the case to make an application for export declaration with a si.....]]></description><pubDate>August 30,2010</pubDate></item><item><title><![CDATA[Rupee gains 10 paise against dollar in early trade [August 30,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/219/Rupee_gains_10_paise_against_dollar_in_early_trade/index.html]]></guid><description><![CDATA[The Indian rupee appreciated by 10 paise to Rs 46.79 a dollar in early trade on the Interbank Foreign Exchange today, supported by fresh capital inflows into equity market by foreign funds.The Indian rupee had lost 5 paise to Rs 46.89/90 against the .....]]></description><pubDate>August 30,2010</pubDate></item><item><title><![CDATA[INDIA'S COMMERCE, INDUSTRY MINISTERS TO HOLD COTTON TALKS [August 30,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/220/INDIA'S_COMMERCE_INDUSTRY_MINISTERS_TO_HOLD_COTTON_TALKS/index.html]]></guid><description><![CDATA[The Indian Union's Commerce and Industries Ministry would hold a meeting next week with Agriculture and Textiles ministries, to assess the domestic production of cotton and its export, a top government official said here on Saturday."The meeting will.....]]></description><pubDate>August 30,2010</pubDate></item><item><title><![CDATA[Sugar stuck at ports to be exported [August 27,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/209/Sugar_stuck_at_ports_to_be_exported/index.html]]></guid><description><![CDATA[After allowing export of imported sugar stuck at Kandla port, the government is now considering a proposal to permit shipments from other ports since mills have not been able to sell the sweetener because of decline in retail prices in recent months......]]></description><pubDate>August 27,2010</pubDate></item><item><title><![CDATA[India to allow duty-free cotton exports from Oct 1 [August 27,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/210/India_to_allow_duty-free_cotton_exports_from_Oct_1/index.html]]></guid><description><![CDATA[India will allow duty free exports of surplus cotton from Oct 1 in a bid to ensure that farmers get fair price for their produce without hurting local industries.'From Oct 1 no license will be required for cotton exports. There will be no corporate t.....]]></description><pubDate>August 27,2010</pubDate></item><item><title><![CDATA[Garlic export jumps on smaller Chinese crop [August 27,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/211/Garlic_export_jumps_on_smaller_Chinese_crop/index.html]]></guid><description><![CDATA[KOCHI: Garlic export from India is growing at a good pace this year thanks to a crop shortfall in China, the largest producer. Exports of the bulb at 10,975 tonne valued at Rs 41.3 crore for the April-July 2010 period have shown a 1,184% rise in quan.....]]></description><pubDate>August 27,2010</pubDate></item><item><title><![CDATA[Rupee's gains pared by import dollar demand [August 27,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/212/Rupee's_gains_pared_by_import_dollar_demand/index.html]]></guid><description><![CDATA[MUMBAI: The rupee gained on Thursday aided by a stronger euro and mildly higher domestic shares, but dollar buying by oil firms and some defence-related import payments pulled it off the day's highs.The partially convertible rupee closed at 46.84/85 .....]]></description><pubDate>August 27,2010</pubDate></item><item><title><![CDATA[Reserve Bank rejects move to use $2 bn forex for infra fund [August 27,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/213/Reserve_Bank_rejects_move_to_use_$2_bn_forex_for_infra_fund/index.html]]></guid><description><![CDATA[The Reserve Bank of India (RBI) has rejected a Planning Commission proposal to use $2 billion out of India's foreign exchange reserves as one of the resources for the proposed $11 billion (Rs 50,000 crore) India Infrastructure Debt Fund (IIDF). The R.....]]></description><pubDate>August 27,2010</pubDate></item><item><title><![CDATA[Polished diamond export to cross $18 bn in 2010-11 [August 26,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/204/Polished_diamond_export_to_cross_$18_bn_in_2010-11/index.html]]></guid><description><![CDATA[SURAT: In the first quarter of 2010, about $6 billion worth of polished diamonds were exported to different destinations like the US, China, Hong Kong, Japan, UAE, South America etc., a jump of 85 per cent compared to the first quarter export in the .....]]></description><pubDate>August 26,2010</pubDate></item><item><title><![CDATA[INDIA: Spun yarn exports in June 2010 [August 26,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/205/INDIA_Spun_yarn_exports_in_June_2010/index.html]]></guid><description><![CDATA[In June 2010, exports of spun yarn volume picked up dramatically despite the markets moving into the lean season period. Supported by good pricing, value earning jumped significantly during the month. The average unit price realization touched a fres.....]]></description><pubDate>August 26,2010</pubDate></item><item><title><![CDATA[Shipping Ministry invites feedback on New Land Policy for Major Ports [August 26,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/206/Shipping_Ministry_invites_feedback_on_New_Land_Policy_for_Major_Ports/index.html]]></guid><description><![CDATA[An official press release said here today that the new policy would be finalised after 30 days after taking into consideratin the inputs received within this period.According to the release, around 95% of India&rsquo;s foreign trade by volume and 70%.....]]></description><pubDate>August 26,2010</pubDate></item><item><title><![CDATA[Bucyrus India Coal Plant Deal Gets Export-Import Bank Financing Approval [August 26,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/207/Bucyrus_India_Coal_Plant_Deal_Gets_Export-Import_Bank_Financing_Approval/index.html]]></guid><description><![CDATA[Bucyrus International Inc.&rsquo;s sale of coal-mining equipment for a power plant in India won U.S. Export-Import Bank financial approval, advancing a project that was rejected in June amid environmental concerns.The government-backed lender agreed .....]]></description><pubDate>August 26,2010</pubDate></item><item><title><![CDATA[Petronet to Resume Spot LNG Imports Next Month For First Time This Year [August 26,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/208/Petronet_to_Resume_Spot_LNG_Imports_Next_Month_For_First_Time_This_Year/index.html]]></guid><description><![CDATA[Petronet LNG Ltd., India&rsquo;s biggest importer of the fuel, plans to buy spot cargoes of liquefied natural gas next month for the first time this year to take advantage of a shortfall caused by a BG Group Plc field closure.&ldquo;The shutdown has .....]]></description><pubDate>August 26,2010</pubDate></item><item><title><![CDATA[Cheap Chinese tyres may flood Indian markets [August 25,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/199/Cheap_Chinese_tyres_may_flood_Indian_markets/index.html]]></guid><description><![CDATA[Like most electronic appliances, China made tyres too, could soon be available in the domestic market.In an unprecedented move the commerce ministry has accepted to review an export application from a Chinese radial bus and truck tyre exporter from C.....]]></description><pubDate>August 25,2010</pubDate></item><item><title><![CDATA[Cotton export on rise with floods in Pak, China [August 25,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/200/Cotton_export_on_rise_with_floods_in_Pak_China/index.html]]></guid><description><![CDATA[With heavy floods in Pakistan and China washing away cotton fields, India is set to gain a foothold in the export market this season.With a production of over 3 crore bales, India is the third largest cotton producer in the world after the US and Chi.....]]></description><pubDate>August 25,2010</pubDate></item><item><title><![CDATA[Govt announces '1,050 cr of incentives to push exports: Ministry opts for focused intervention [August 25,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/201/Govt_announces_'1050_cr_of_incentives_to_push_exports_Ministry_opts_for_focused_intervention/index.html]]></guid><description><![CDATA[Keeping in mind the uncertain recovery in developed economies, commerce and industry minister Anand Sharma on Monday announced incentives amounting to '1,050 crore for ailing labour-intensive export sectors to help them tide over slackening demand.Ho.....]]></description><pubDate>August 25,2010</pubDate></item><item><title><![CDATA[India imposes value addition norms on petroleum exports [August 25,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/202/India_imposes_value_addition_norms_on_petroleum_exports/index.html]]></guid><description><![CDATA[The Indian commerce ministry has imposed value addition norms on export of petroleum and petrochemical products. Explaining this, officials in the ministry have said that the exporters of petroleum products will now have to ensure value addition of a.....]]></description><pubDate>August 25,2010</pubDate></item><item><title><![CDATA[India�s candy man to pump `1,600 cr into SEZ [August 25,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/203/India�s_candy_man_to_pump_`1600_cr_into_SEZ/index.html]]></guid><description><![CDATA[Dhanjibhai Maksana could arguably be called the Willy Wonka of Surendranagar, a sleepy town in Gujarat some 160km from state capital Gandhinagar.However, unlike the secretive nature of the character in Roald Dahl&rsquo;s Charlie and the Chocolate Fac.....]]></description><pubDate>August 25,2010</pubDate></item><item><title><![CDATA[Market seen opening flat amid mixed global cues [August 23,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/194/Market_seen_opening_flat_amid_mixed_global_cues/index.html]]></guid><description><![CDATA[The market is likely to open little changed with lack of clear direction from global markets. Asian markets were trading mixed. Trading of the S&amp;P CNX Nifty futures on the Singapore stock exchange indicated that the Nifty could rise 5 points at t.....]]></description><pubDate>August 23,2010</pubDate></item><item><title><![CDATA[Arshiya International announces the launch of India's First FTWZ in Panvel, Mumbai [August 23,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/195/Arshiya_International_announces_the_launch_of_India's_First_FTWZ_in_Panvel_Mumbai/index.html]]></guid><description><![CDATA[Mumbai - Arshiya International Ltd. (BSE: 506074 and NSE: Arshiya), an Indian supply chain and logistics infrastructure solutions company announces the operational launch of India's first Free Trade and Warehousing Zone (FTWZ) in Panvel, Mumbai just .....]]></description><pubDate>August 23,2010</pubDate></item><item><title><![CDATA[Jeera prices look up on higher domestic demand, exports [August 23,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/196/Jeera_prices_look_up_on_higher_domestic_demand_exports/index.html]]></guid><description><![CDATA[New Delhi: With the reports of lesser crop output in Syria and Turkey, jeera (cumminseed) prices have started looking northward during last few weeks at Unjha, the hub of country&rsquo;s trade.According to traders in Unjha, a part of Mehsana district.....]]></description><pubDate>August 23,2010</pubDate></item><item><title><![CDATA[GPPL IPO ready with price band of Rs 42-48 [August 23,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/197/GPPL_IPO_ready_with_price_band_of_Rs_42-48/index.html]]></guid><description><![CDATA[With the Rs 500-crore IPO of Gujarat Pipavav Port (GPPL) hitting Indian capital market today, discerning investors are getting another marine infrastructure opportunity to participate after Mundra Port and SEZ (Mundra) IPO, which evoked a strong resp.....]]></description><pubDate>August 23,2010</pubDate></item><item><title><![CDATA[India's Huge Market Offers Insatiable Appetite For Malaysian Products [August 23,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/198/India's_Huge_Market_Offers_Insatiable_Appetite_For_Malaysian_Products/index.html]]></guid><description><![CDATA[MUMBAI, Aug 23 (Bernama) -- If Malaysia plays its cards well, it can easily foray into India's huge market which has developed an insatiable appetite for good quality products from Malaysia and other Asian countries."It is quite easy to identify buye.....]]></description><pubDate>August 23,2010</pubDate></item><item><title><![CDATA[India's cocoa export to international market increasing [August 21,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/189/India's_cocoa_export_to_international_market_increasing/index.html]]></guid><description><![CDATA[India's exports of cocoa to the international market have reached 60 to 70 percent of the total output.More than 2,500 hectares of land is currently under cultivation in Tamil Nadu's Dharmapuri District."Dharmapuri district is selected for implementi.....]]></description><pubDate>August 21,2010</pubDate></item><item><title><![CDATA[Comprehensive land acquisition bill soon: Govt [August 21,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/190/Comprehensive_land_acquisition_bill_soon_Govt/index.html]]></guid><description><![CDATA[NEW DELHI: The government is formulating a comprehensive land acquisition bill that will address concerns about process of acquiring land for purposes such as setting up SEZs and compensation to be paid.Replying to supplementaries during Question Hou.....]]></description><pubDate>August 21,2010</pubDate></item><item><title><![CDATA[Power firms may escape import duty on existing orders [August 21,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/191/Power_firms_may_escape_import_duty_on_existing_orders/index.html]]></guid><description><![CDATA[NEW DELHI: Upcoming power projects that have already placed orders for main plant equipment and paid some advance may be spared the proposed duty on imported equipment as the government does not want the levy to affect the investments in the works.Th.....]]></description><pubDate>August 21,2010</pubDate></item><item><title><![CDATA[India Sept naphtha exports steady around 850,000T [August 21,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/192/India_Sept_naphtha_exports_steady_around_850000T/index.html]]></guid><description><![CDATA[India will maintain its September naphtha exports around 850,000 tonnes, keeping fundamentals balanced amid healthy demand and lower supplies expected from the Middle East in October due to maintenance at splitters in the UAE, traders said on Friday......]]></description><pubDate>August 21,2010</pubDate></item><item><title><![CDATA[Drug price cut to help rival, alleges Piramal Healthcare [August 21,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/193/Drug_price_cut_to_help_rival_alleges_Piramal_Healthcare/index.html]]></guid><description><![CDATA[NEW DELHI: Piramal Healthcare has said the country&rsquo;s drug price regulator&rsquo;s decision to lower prices of its anti-bacterial medicine was aimed to benefit its rival Dr Reddy&rsquo;s Laboratories, and has written to the government to revoke .....]]></description><pubDate>August 21,2010</pubDate></item><item><title><![CDATA[INDIA: Export promotion activities have doubled: AEPC [August 19,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/184/INDIA_Export_promotion_activities_have_doubled_AEPC/index.html]]></guid><description><![CDATA[The Apparel Export Promotion Council (AEPC) organised a meet of exporters from western region in Mumbai on August 12 in which textile secretary Rita Menon was the chief guest. It was attended by over 120 leading garment exportes.Council's chairman fo.....]]></description><pubDate>August 19,2010</pubDate></item><item><title><![CDATA[India oilseed crushing apace, could trim imports [August 19,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/185/India_oilseed_crushing_apace_could_trim_imports/index.html]]></guid><description><![CDATA[Indian millers are crushing oilseeds after a spike in edible oil and oilmeal prices so aggressively that it is likely to trim additional vegetable oil imports in the high demand festival season.Edible oil demand in the world's biggest importer usuall.....]]></description><pubDate>August 19,2010</pubDate></item><item><title><![CDATA[CCEA to decide import duty on power tools, DTC on 19 Aug [August 19,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/186/CCEA_to_decide_import_duty_on_power_tools_DTC_on_19_Aug/index.html]]></guid><description><![CDATA[The Cabinet Cabinet Committee on Economic Affairs (CCEA) is set to meet on Thursday. The agenda of the meeting will include decision on import duty on power equipment and direct tax code (DTC) Bill.Earlier, a committee of secretaries (CoS) had propos.....]]></description><pubDate>August 19,2010</pubDate></item><item><title><![CDATA[Finmin offers concessions on new tax plan [August 19,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/187/Finmin_offers_concessions_on_new_tax_plan/index.html]]></guid><description><![CDATA[NEW DELHI: Finance minister on Wednesday offered concessions on most major demands by states on legislation needed to allow an ambitious tax reform to take effect from next April.The goods and services tax (GST) regime would replace existing multiple.....]]></description><pubDate>August 19,2010</pubDate></item><item><title><![CDATA[NDDB to hold imported milk as buffer stock [August 19,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/188/NDDB_to_hold_imported_milk_as_buffer_stock/index.html]]></guid><description><![CDATA[The National Dairy Development Board (NDDB) will make allotment of imported milk powder and fat to state milk federations only if they are not in a position to maintain supplies to consumers by using locally available fresh milk or surplus milk powde.....]]></description><pubDate>August 19,2010</pubDate></item><item><title><![CDATA[Govt eases cotton export controls [August 18,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/179/Govt_eases_cotton_export_controls/index.html]]></guid><description><![CDATA[India, the world's second-largest cotton producer, has relaxed export controls on the fibre as good monsoon rains have raised prospects of higher local output and stable prices, government and trade officials said.This will help India export about 8 .....]]></description><pubDate>August 18,2010</pubDate></item><item><title><![CDATA[Pakistan imports potatoes from India [August 18,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/180/Pakistan_imports_potatoes_from_India/index.html]]></guid><description><![CDATA[Pakistan has started importing potatoes from India after floods in the country destroyed the crops, raising fears of acute shortage of the vegetable in the coming days, Xinhua reported Tuesday.The first consignment of about 25 trucks arrived at the W.....]]></description><pubDate>August 18,2010</pubDate></item><item><title><![CDATA[Rupee gains tracking euro rise, broad dollar fall [August 18,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/181/Rupee_gains_tracking_euro_rise_broad_dollar_fall/index.html]]></guid><description><![CDATA[MUMBAI: The rupee rose on Tuesday boosted by gains in the euro and other regional peers, but choppy domestic shares failed to provide adequate cues on the direction of foreign capital flows. The partially convertible rupee closed at 46.64/65 per doll.....]]></description><pubDate>August 18,2010</pubDate></item><item><title><![CDATA[India to have 2.6m tonnes more sugar at start of next sugar yr [August 18,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/182/India_to_have_26m_tonnes_more_sugar_at_start_of_next_sugar_yr/index.html]]></guid><description><![CDATA[India, the world's second largest producer of sugar, will have 2.6 million tonnes more stock at the start of the 2010-11 sugar year in October, 2010, than a year ago, mainly on the back of higher imports. According to the latest estimate released by .....]]></description><pubDate>August 18,2010</pubDate></item><item><title><![CDATA[India soybean extends losses; hits over 1-week low [August 18,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/183/India_soybean_extends_losses;_hits_over_1-week_low/index.html]]></guid><description><![CDATA[MUMBAI: India soybean futures extended losses on Tuesday afternoon to a one-week low on higher imports as well as rising acreage in the crop, analysts said.September soybean on India's National Commodity and Derivatives Exchange (NCDEX) was trading 1.....]]></description><pubDate>August 18,2010</pubDate></item><item><title><![CDATA[India�s basmati export may go up as flood impacts Pak crop [August 17,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/174/India�s_basmati_export_may_go_up_as_flood_impacts_Pak_crop/index.html]]></guid><description><![CDATA[New Delhi: Large basmati rice buyers in the gulf region may now start buying more from India as the recent floods in Pakistan have severely hit the agriculture activity there.Analysts say that such a situation augurs well for the Indian basmati rice .....]]></description><pubDate>August 17,2010</pubDate></item><item><title><![CDATA[Scindia against curbs on iron ore exports [August 17,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/175/Scindia_against_curbs_on_iron_ore_exports/index.html]]></guid><description><![CDATA[NEW DELHI: The commerce and industry ministry has said that it does not favour any restrictions on exports of iron ore, arguing that production was higher than domestic consumption and failure to export the mineral could lead to environmental degrada.....]]></description><pubDate>August 17,2010</pubDate></item><item><title><![CDATA[Turmeric gets a decent export call, prices shoot [August 17,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/176/Turmeric_gets_a_decent_export_call_prices_shoot/index.html]]></guid><description><![CDATA[Turmeric September contract moved up by 2% on NCDEX in the opening session due to export demand from mid-east Asian countries. It also got a boost from low carry forward stocks providing the uptrend momentum for the commodity.Lower availability of tu.....]]></description><pubDate>August 17,2010</pubDate></item><item><title><![CDATA[Indian import duties could start 'trade war' - GPCA chief [August 17,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/177/Indian_import_duties_could_start_'trade_war'_-_GPCA_chief/index.html]]></guid><description><![CDATA[India will start a trade war if it endorses a proposal to slap a fresh round of import duties on Gulf polypropylene producers, the head of an industry trade group has warned.India is mulling a proposal to place new duties on plastic imports from Saud.....]]></description><pubDate>August 17,2010</pubDate></item><item><title><![CDATA[United Stock Exchange to launch currency futures on August 31 [August 17,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/178/United_Stock_Exchange_to_launch_currency_futures_on_August_31/index.html]]></guid><description><![CDATA[NEW DELHI: United Stock Exchange on Monday said it will start trading in currency futures on August 31. "The exchange will start operations in all four currency pairs-- dollar-rupee, euro-rupee, yen-rupee, pound-rupee," the exchange said in a stateme.....]]></description><pubDate>August 17,2010</pubDate></item><item><title><![CDATA[Industry opposes anti dumping duties in Gulf region [August 16,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/169/Industry_opposes_anti_dumping_duties_in_Gulf_region/index.html]]></guid><description><![CDATA[Dr Abdulwahab Al Sadoun secretary general of the Gulf Petrochemicals and Chemicals Association said that the petrochemicals and chemicals industry in the Gulf region strongly opposes the recent determination of India's Ministry of Commerce and Indust.....]]></description><pubDate>August 16,2010</pubDate></item><item><title><![CDATA[Pakistan could turn to India for sugar, cotton [August 16,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/170/Pakistan_could_turn_to_India_for_sugar_cotton/index.html]]></guid><description><![CDATA[Mumbai: India is set to produce a bumper crop of sugar and cotton in 2010-11 and part of the surplus is likely to be absorbed by Pakistan, where floods have ravaged crops in the main growing areas, industry officials said.Pakistan's Punjab and Sindh .....]]></description><pubDate>August 16,2010</pubDate></item><item><title><![CDATA[Material Matters: Outlook For Bulks, Base Metals And Gold Prices [August 16,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/171/Material_Matters_Outlook_For_Bulks_Base_Metals_And_Gold_Prices/index.html]]></guid><description><![CDATA[Spot prices for hard coking (metallurgical) coal&nbsp; have fallen since April and now stand about 25% lower than their peak in that month of US$240 per tonne. The change in prices is enough that Goldman Sachs now suggests its forecast of contract pr.....]]></description><pubDate>August 16,2010</pubDate></item><item><title><![CDATA[Equipment import for UMPPs may attract duty [August 16,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/172/Equipment_import_for_UMPPs_may_attract_duty/index.html]]></guid><description><![CDATA[NEW DELHI: The finance ministry is considering to impose import duty on power equipment for the ultra mega power projects (UMPP). The move may lead to increase in tariffs of power generated from these projects. It is learnt that the government is lik.....]]></description><pubDate>August 16,2010</pubDate></item><item><title><![CDATA[Increasing the value of Vietnam�s tea exports [August 16,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/173/Increasing_the_value_of_Vietnam�s_tea_exports/index.html]]></guid><description><![CDATA[Over the past 15 years, the tea sector has surpassed its set targets for cultivated acreage, productivity and export volume. But export tea prices are lower than those in other countries such as India, Sri Lanka, and Kenya.Vietnam has a total area of.....]]></description><pubDate>August 16,2010</pubDate></item><item><title><![CDATA[Govt allows to import 3G equipments from China [August 14,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/164/Govt_allows_to_import_3G_equipments_from_China/index.html]]></guid><description><![CDATA[New Delhi, Aug 13: Government agreed to allow import of Chinese-made telecom equipment by leading telecom operators in India.The decision was taken after Prime Minister's Office (PMO) level talks. By this new instruction the department of telecommuni.....]]></description><pubDate>August 14,2010</pubDate></item><item><title><![CDATA[Bangladesh opens new land port in eastern frontier with India [August 14,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/165/Bangladesh_opens_new_land_port_in_eastern_frontier_with_India/index.html]]></guid><description><![CDATA[DHAKA: Bangladesh on Friday opened a land port with upgraded status in its eastern Akhaura frontier with Tripura for enhanced trade connectivity with India.Shipping minister Shahjahan Khan inaugurated the upgraded Akhaura Landport saying it will pave.....]]></description><pubDate>August 14,2010</pubDate></item><item><title><![CDATA[Portfolio inflows boost forex by kitty $3 bn [August 14,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/166/Portfolio_inflows_boost_forex_by_kitty_$3_bn/index.html]]></guid><description><![CDATA[MUMBAI: Foreign exchange reserves rose sharply during the week ended August 6, largely on account of inflows through the portfolio investment route and partly due to revaluation of non-dollar assets in reserves.The country&rsquo;s forex reserves rose.....]]></description><pubDate>August 14,2010</pubDate></item><item><title><![CDATA[Govt allows duty free raw silk import [August 14,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/167/Govt_allows_duty_free_raw_silk_import/index.html]]></guid><description><![CDATA[NEW DELHI: On the request of Ministry of Textiles, the Department of Revenues has issued a notification to allow duty free import of 2500 MT of raw silk 3A and above through National Handloom Development Corporation against certification by Ministry .....]]></description><pubDate>August 14,2010</pubDate></item><item><title><![CDATA[Bangladesh set to get benefit from Indian sugar export [August 14,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/168/Bangladesh_set_to_get_benefit_from_Indian_sugar_export/index.html]]></guid><description><![CDATA[Like rice and wheat, Bangladesh is set to get another benefit from importing sugar from India, which will help offset largely the demand-supply gap in the local market. India has already agreed to allow Bangladesh to import rice and wheat from its ma.....]]></description><pubDate>August 14,2010</pubDate></item><item><title><![CDATA[Duty free raw silk import by Handloom Corporation allowed [August 13,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/159/Duty_free_raw_silk_import_by_Handloom_Corporation_allowed/index.html]]></guid><description><![CDATA[The Government informed on Thursday that a duty free import of raw silk by the National Handloom Development Corporation has been allowed."In order to mitigate the problem faced by the small and traditional weavers in handloom and powerloom sector, t.....]]></description><pubDate>August 13,2010</pubDate></item><item><title><![CDATA[India�s first jewellery week from Aug 15 [August 13,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/160/India�s_first_jewellery_week_from_Aug_15/index.html]]></guid><description><![CDATA[Finally, India will have its first ever jewellery week, the India International Jewellery Week (IIJW), from August 15 to 19 in Mumbai.It is a fabulous platform for jewellery designers to come together and showcase their talent. This is the first time.....]]></description><pubDate>August 13,2010</pubDate></item><item><title><![CDATA[Lok Sabha passes bill to regulate foreign trade [August 13,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/161/Lok_Sabha_passes_bill_to_regulate_foreign_trade/index.html]]></guid><description><![CDATA[The Lok Sabha on Thursday passed a bill aimed at promoting foreign trade and enabling the government to take swift action in trade disputes. The bill, which was passed by the Rajya Sabha on Aug 9, makes changes in the Foreign Trade (Development and R.....]]></description><pubDate>August 13,2010</pubDate></item><item><title><![CDATA[Half of India forex rise from dollar fall [August 13,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/162/Half_of_India_forex_rise_from_dollar_fall/index.html]]></guid><description><![CDATA[What played a crucial role in the $13 billion rise in the foreign exchange reserves of the country in 2009-10? It&rsquo;s the depreciation of the dollar against major currencies that helped the Reserve Bank of India show a rise in the forex kitty of .....]]></description><pubDate>August 13,2010</pubDate></item><item><title><![CDATA[India imposes preliminary anti-dumping duty on imported PVC flex film [August 13,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/163/India_imposes_preliminary_anti-dumping_duty_on_imported_PVC_flex_film/index.html]]></guid><description><![CDATA[The Revenue Department in the Ministry of Finance has notified the imposition of preliminary anti-dumping duty on imported PVC flex film from China, following a recommendation of the Designation Authority in the Commerce Ministry on June 22. The dump.....]]></description><pubDate>August 13,2010</pubDate></item><item><title><![CDATA[Rupee declines 32 paise against dollar [August 12,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/154/Rupee_declines_32_paise_against_dollar/index.html]]></guid><description><![CDATA[The Indian rupee depreciated by 32 paise to 47.02 a dollar in the early trade today, weighed down by dollar&rsquo;s gain overseas.At the Interbank Foreign Exchange market, the domestic unit fell 31 paise to near a two-week low of 46.70/71 a dollar in.....]]></description><pubDate>August 12,2010</pubDate></item><item><title><![CDATA[India imposed 12 anti-dumping duties against China in FY10 [August 12,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/155/India_imposed_12_anti-dumping_duties_against_China_in_FY10/index.html]]></guid><description><![CDATA[India imposed anti-dumping duty on 12 products imported from China in 2009-10 to protect the domestic industry, Minister of State for Commerce and Industry Jyotiraditya Scindia informed the Rajya Sabha on Wednesday.The duty was imposed in seven cases.....]]></description><pubDate>August 12,2010</pubDate></item><item><title><![CDATA[Global crisis and farm exports [August 12,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/156/Global_crisis_and_farm_exports/index.html]]></guid><description><![CDATA[The ups and downs in global commodity prices remain a source of concern for the farm sector, which also has to bear with uncertainties of weather at home. Constrained by the availability of key inputs such as land and water, there is little room for .....]]></description><pubDate>August 12,2010</pubDate></item><item><title><![CDATA[ India to levy 10 pc import tax on power gear [August 12,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/157/_India_to_levy_10_pc_import_tax_on_power_gear/index.html]]></guid><description><![CDATA[India will impose a 10 per cent import tax on power equipment for big projects within weeks to help level the playing field between domestic and foreign firms jostling in what may soon be the world's biggest market. The tax would reverse a policy of .....]]></description><pubDate>August 12,2010</pubDate></item><item><title><![CDATA[India Refined Soya Oil Futures Trade Lower [August 12,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/158/India_Refined_Soya_Oil_Futures_Trade_Lower/index.html]]></guid><description><![CDATA[India Refined Soya Oil futures dipped tracking weak CBOT Soya Oil futures in the after-hours trading session. Malaysian CPO futures benchmark October contract traded in the range of MYR 2704-2662 per tonne and the counter is now trading at MYR 2690, .....]]></description><pubDate>August 12,2010</pubDate></item><item><title><![CDATA[Government allows export of 5 lakh tonnes of rice, wheat to Bangladesh [August 11,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/149/Government_allows_export_of_5_lakh_tonnes_of_rice_wheat_to_Bangladesh/index.html]]></guid><description><![CDATA[&nbsp;The government has allowed export of three lakh tonnes of non-basmati rice and two lakh tonnes of wheat to Bangladesh.There has been a ban on export of wheat and non-basmati rice since October 2007 and April 2008, respectively, to ensure availa.....]]></description><pubDate>August 11,2010</pubDate></item><item><title><![CDATA[Rajya Sabha passes the Foreign Trade (Development and Regulation) Amendment Bill, 2009 [August 11,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/150/Rajya_Sabha_passes_the_Foreign_Trade_(Development_and_Regulation)_Amendment_Bill_2009/index.html]]></guid><description><![CDATA[10.08.2010 (UNI) The Rajya Sabha passed by a voice vote the Foreign Trade (Development and Regulation) Amendment Bill, 2009, to provide for development and regulation of Foreign Trade by facilitating imports and augmenting exports from the country.Mo.....]]></description><pubDate>August 11,2010</pubDate></item><item><title><![CDATA[India protests discriminatory US immigration bill [August 11,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/151/India_protests_discriminatory_US_immigration_bill/index.html]]></guid><description><![CDATA[The Indian government protested to Washington on Tuesday against what it called a highly discriminatory U.S. immigration bill that will double the cost of work visas for some high-profile Indian companies.Indian outsourcing companies have come under .....]]></description><pubDate>August 11,2010</pubDate></item><item><title><![CDATA[India-Latin America trade could touch $30 bn by 2012 [August 11,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/152/India-Latin_America_trade_could_touch_$30_bn_by_2012/index.html]]></guid><description><![CDATA[New Delhi: India&rsquo;s trade with Latin America, which increased to $17.2 billion in 2009 from $2.1 billion in 2000, could go up to $30 billion by 2012, given the positive changes in the market and the favourable mindset of the country towards Indi.....]]></description><pubDate>August 11,2010</pubDate></item><item><title><![CDATA[Textile body opposes anti-dumping duty on PSF [August 11,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/153/Textile_body_opposes_anti-dumping_duty_on_PSF/index.html]]></guid><description><![CDATA[Recently the government proposed to impose anti-dumping duty on imports of polyester staple fibre (PSF) from India, Taiwan, and China. The same has been out rightly rejected by the Indonesian Textile Association (API). According to API, it will have .....]]></description><pubDate>August 11,2010</pubDate></item><item><title><![CDATA[India to buy $1.5 billion in Argentine soyoil in 2010 [August 10,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/144/India_to_buy_$15_billion_in_Argentine_soyoil_in_2010/index.html]]></guid><description><![CDATA[India will buy $1.5 billion in Argentine soyoil in 2010, almost three times more than last year, the Indian Ambassador to Buenos Aires said on Monday, indicating the Asian country will continue easing the impact of a Chinese boycott of Argentine soyo.....]]></description><pubDate>August 10,2010</pubDate></item><item><title><![CDATA[K'taka plans permanent ban on iron ore exports [August 10,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/145/K'taka_plans_permanent_ban_on_iron_ore_exports/index.html]]></guid><description><![CDATA[Karnataka state aims to permanently ban iron ore exports to conserve the raw material for steel makers such as ArcelorMittal, which will be given land for a plant this month, Chief Minister B.S. Yeddyurappa told Reuters on Monday.Karnataka, the secon.....]]></description><pubDate>August 10,2010</pubDate></item><item><title><![CDATA[Pakistan could turn to India for sugar, cotton [August 10,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/146/Pakistan_could_turn_to_India_for_sugar_cotton/index.html]]></guid><description><![CDATA[Mumbai: India is set to produce a bumper crop of sugar and cotton in 2010-11 and part of the surplus is likely to be absorbed by Pakistan, where floods have ravaged crops in the main growing areas, industry officials said.Pakistan's Punjab and Sindh .....]]></description><pubDate>August 10,2010</pubDate></item><item><title><![CDATA[Pepper set for a breather after bull run [August 10,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/147/Pepper_set_for_a_breather_after_bull_run/index.html]]></guid><description><![CDATA[MUMBAI: Indian pepper, up nearly 40 percent since January, has been priced out of the export market while domestic demand stays weak, through industry officials pin some hopes on a festival fillip from later this month. Vietnam, Brazil and Indonesia .....]]></description><pubDate>August 10,2010</pubDate></item><item><title><![CDATA[India Show in Johannesburg to push trade with Africa [August 10,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/148/India_Show_in_Johannesburg_to_push_trade_with_Africa/index.html]]></guid><description><![CDATA[NEW DELHI: A four-day "India Show" in Johannesburg from Aug 29 will kick off a drive to push trade and economic ties with South Africa and use it to make a major foray into the African continent.India's Commerce Minister Anand Sharma and Tata Group c.....]]></description><pubDate>August 10,2010</pubDate></item><item><title><![CDATA[High-tech facilities for Indian businesses in Vietnam [August 09,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/139/High-tech_facilities_for_Indian_businesses_in_Vietnam/index.html]]></guid><description><![CDATA[Vietnam will provide more high-tech facilities for Indian businessmen investing in their country, with the aim of strengthening long-term ties and sharing its experiences in industrial growth, minister of agriculture and rural development Bui Ba Bong.....]]></description><pubDate>August 09,2010</pubDate></item><item><title><![CDATA[Exporters not enthused about trade policy [August 09,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/140/Exporters_not_enthused_about_trade_policy/index.html]]></guid><description><![CDATA[NEW DELHI: With the government focusing on financial consolidation, exporters are not hoping for any major incentive aside from a procedural tinkering from the annual review of the foreign trade policy later this month."Exporters are not expecting mu.....]]></description><pubDate>August 09,2010</pubDate></item><item><title><![CDATA[Govt brews sops for exporters [August 09,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/141/Govt_brews_sops_for_exporters/index.html]]></guid><description><![CDATA[New Delhi, Aug. 8: The government is likely to set an export target of $200 billion in its foreign trade policy and offer incentives to textiles, readymade garments, leather and handicraft units, which are in the red.The policy will set an export tar.....]]></description><pubDate>August 09,2010</pubDate></item><item><title><![CDATA[Rupee gains 4 paise to 46.15/16 against US dollar [August 09,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/142/Rupee_gains_4_paise_to_4615/16_against_US_dollar/index.html]]></guid><description><![CDATA[MUMBAI: In see-saw trade, the Indian rupee today appreciated by a modest four paise to nearly a one-and- a-half-month high of 46.15/16 against the US dollar on persistent capital inflows.At the Interbank Foreign Exchange, the local currency opened st.....]]></description><pubDate>August 09,2010</pubDate></item><item><title><![CDATA[Govt set to ease quarantine norms for pulses import [August 09,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/143/Govt_set_to_ease_quarantine_norms_for_pulses_import/index.html]]></guid><description><![CDATA[Mumbai, Aug. 7 Canadian pulses exporters can now heave a sigh of relief and hope to do more business with India in less uncertain conditions.The prospect of problems associated with phyto-sanitary or plant quarantine clearance for imported pulses bei.....]]></description><pubDate>August 09,2010</pubDate></item><item><title><![CDATA[Cotton exports grew 137 per cent at 83 lakh bales in 2009-10 [August 06,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/134/Cotton_exports_grew_137_per_cent_at_83_lakh_bales_in_2009-10/index.html]]></guid><description><![CDATA[NEW DELHI: Cotton exports increased 137 per cent to 83 lakh bales, of 170 kg each, during the crop year October-September 2009-10, over the previous year.The provisional export figure for the cotton year 2009-10, was on Thursday given by Minister of .....]]></description><pubDate>August 06,2010</pubDate></item><item><title><![CDATA[Sugar May Decline as India Boosts Supply With More Exports, Survey Shows [August 06,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/135/Sugar_May_Decline_as_India_Boosts_Supply_With_More_Exports_Survey_Shows/index.html]]></guid><description><![CDATA[Sugar futures may decline in New York and London as India, the world&rsquo;s second-largest producer, seeks to boost exports.Six of 13 traders, analysts and brokers surveyed by Bloomberg News said raw sugar traded in New York will drop next week. Fiv.....]]></description><pubDate>August 06,2010</pubDate></item><item><title><![CDATA[Handicraft exports up by 19 pc in July [August 06,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/136/Handicraft_exports_up_by_19_pc_in_July/index.html]]></guid><description><![CDATA[NEW DELHI: India's handicraft exports grew by 19 per cent to over USD 120 million in July on the back of increasing demand for the Christmas season.According to the Export Promotion for Handicrafts (EPCH), handicraft exports stood at USD 101 million .....]]></description><pubDate>August 06,2010</pubDate></item><item><title><![CDATA[Millers to govt: Allow export of imported sugar piled due to railway wagon shortage [August 06,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/137/Millers_to_govt_Allow_export_of_imported_sugar_piled_due_to_railway_wagon_shortage/index.html]]></guid><description><![CDATA[New Delhi: Sugar millers want the government to allow export of imported sugar which has piled up at a key port due to a shortage of railway wagons, the chief of the main producers&rsquo; body said on Thursday.Traders say about 750,000 tonne of sugar.....]]></description><pubDate>August 06,2010</pubDate></item><item><title><![CDATA[India's Steel Imports Rise  [August 06,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/138/India's_Steel_Imports_Rise_/index.html]]></guid><description><![CDATA[NEW DELHI -- India's finished steel imports in April-July rose 66% from a year earlier to 3.66 million metric tons due to robust demand from automakers and construction sector and lower overseas prices, forcing local mills to seek import curbs.Most o.....]]></description><pubDate>August 06,2010</pubDate></item><item><title><![CDATA[India 2nd largest export destination for Israel [August 05,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/129/India_2nd_largest_export_destination_for_Israel/index.html]]></guid><description><![CDATA[JERUSALEM: India has leaped to become Israel's second largest export destination, only next to close ally the US, as the Jewish state focuses on tapping potential in the Asian markets.As per the figures provided by the Israel's Export and Internation.....]]></description><pubDate>August 05,2010</pubDate></item><item><title><![CDATA[India Must Export Sugar to Gain From Tight Supplies [August 05,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/130/India_Must_Export_Sugar_to_Gain_From_Tight_Supplies/index.html]]></guid><description><![CDATA[Aug. 4 (Bloomberg) -- Sugar mills in India, the world&rsquo;s second-largest producer, must be allowed to export to benefit from a &ldquo;squeeze&rdquo; in global supplies that fuelled the best monthly advance in 21 years in July, a producers&rsquo; .....]]></description><pubDate>August 05,2010</pubDate></item><item><title><![CDATA[Incentives for labour-intensive export sector soon [August 05,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/131/Incentives_for_labour-intensive_export_sector_soon/index.html]]></guid><description><![CDATA[The Union Commerce and Industry Ministry, after consultation with the Finance Ministry, is understood to have finalised the list of sops to be announced for the labour-intensive export sectors that have been struggling for the past few months, includ.....]]></description><pubDate>August 05,2010</pubDate></item><item><title><![CDATA[Tea export dips 15 per cent in June [August 05,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/132/Tea_export_dips_15_per_cent_in_June/index.html]]></guid><description><![CDATA[NEW DELHI: Tea exports fell by around 15 per cent to 12.7 million kg in June this year due to dip in production in both northern and southern parts of India.During the same month last year, India had exported 14.9 million kg of tea, the Tea Board sai.....]]></description><pubDate>August 05,2010</pubDate></item><item><title><![CDATA[India set to become global hub for leather products [August 05,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/133/India_set_to_become_global_hub_for_leather_products/index.html]]></guid><description><![CDATA[Chennai: India could well become a global sourcing hub for leather goods and accessories. The availability of right quality raw materials as per the requirements of various international markets along with skilled craftsmen could pave way for enhanci.....]]></description><pubDate>August 05,2010</pubDate></item><item><title><![CDATA[Naidu demands ban, white paper on iron ore exports from A.P. [August 03,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/125/Naidu_demands_ban_white_paper_on_iron_ore_exports_from_AP/index.html]]></guid><description><![CDATA[TDP chief N. Chandrababu Naidu has demanded that the Andhra Pradesh government immediately ban export of iron ore from the State and also release a white paper on iron ore &ldquo;illegally exported&rdquo; from here in last six years.&ldquo;Karnataka .....]]></description><pubDate>August 03,2010</pubDate></item><item><title><![CDATA[July manufacturing up on new orders, better exports: Survey [August 03,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/126/July_manufacturing_up_on_new_orders_better_exports_Survey/index.html]]></guid><description><![CDATA[




NEW DELHI: India&rsquo;s manufacturing grew at a strong rate in July, helped by a pick up in new orders and better export demand, a private survey showed on Monday, but there was no commensurate pick up in hiring in the month.The HSBC Marki.....]]></description><pubDate>August 03,2010</pubDate></item><item><title><![CDATA[Banks violated forex derivative norms: RBI [August 03,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/127/Banks_violated_forex_derivative_norms_RBI/index.html]]></guid><description><![CDATA[Even as the Supreme Court is scheduled to start hearing on a case involving losses suffered by companies in the foreign exchange derivative transactions in 2007-08 in the next few days, a Reserve Bank of India (RBI) report has said there were irregul.....]]></description><pubDate>August 03,2010</pubDate></item><item><title><![CDATA[Banarasi silk industry again in danger zone [August 03,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/128/Banarasi_silk_industry_again_in_danger_zone/index.html]]></guid><description><![CDATA[VARANASI: Is the world famous handwoven Banarasi silk saree industry heading towards its doom for want of dedicated weavers? Or, despite imposition of anti-dumping duty on Chinese silk fabric, cheap Chinese silk is still flooding the market, putting .....]]></description><pubDate>August 03,2010</pubDate></item><item><title><![CDATA[India's Q1 indirect tax collection rises over 53 per cent to Rs68,462 crore [August 02,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/120/India's_Q1_indirect_tax_collection_rises_over_53_per_cent_to_Rs68462_crore/index.html]]></guid><description><![CDATA[Indirect tax collection in the country, including customs, central excise and service tax, rose over 53 per cent to Rs68,462 crore in the first quarter of the current fiscal (April-June 2010-11) against Rs44,692 crore in the April-June 2009-10 quarte.....]]></description><pubDate>August 02,2010</pubDate></item><item><title><![CDATA[Forex - Asia Open - Overnight Highlights [August 02,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/121/Forex_-_Asia_Open_-_Overnight_Highlights/index.html]]></guid><description><![CDATA[Asia Open / Overnight Highlights- Q2 GDP at 2.4% from 3.7% revised Q1 vs 2.6% consensus. Core PCE 1.1% vs 1.0% expected.- Jul Chicago PMI 62.3 from 59.1, vs 56.0 consensus.- Jul final Michigan CSI revised to 67.8 from 66.5 versus 67.0 consensus.- Cru.....]]></description><pubDate>August 02,2010</pubDate></item><item><title><![CDATA[NTPC seeks 15 million tonnes steam coal import for 2011-12 [August 02,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/122/NTPC_seeks_15_million_tonnes_steam_coal_import_for_2011-12/index.html]]></guid><description><![CDATA[Asia&rsquo;s second largest power producer by market value NTPC Ltd seeks 14.5 million tonnes of coal for the year ending March 2012 in its largest annual import.A company official said that NTPC is importing the fuel directly for the first time rath.....]]></description><pubDate>August 02,2010</pubDate></item><item><title><![CDATA[India-China trade USD 32 bn in 6 months; Eco wing in offing [August 02,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/123/India-China_trade_USD_32_bn_in_6_months;_Eco_wing_in_offing/index.html]]></guid><description><![CDATA[NEW DELHI: Government has decided to set up an economic wing in its diplomatic mission in Beijing in the next six months, signifying the growing financial clout of China which is set to become India's largest trading partner by this year-end.This als.....]]></description><pubDate>August 02,2010</pubDate></item><item><title><![CDATA[India Cements may post 59.10% rise in Q1 net: Angel [August 02,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/124/India_Cements_may_post_5910%_rise_in_Q1_net_Angel/index.html]]></guid><description><![CDATA[India Cements is expected to announce its Q1FY`11 results. Angel Broking expects the company`s net profit to decline by 59.10% to Rs 530 million.Further according to the brokerage house, the company is likely to register a 2.50% decline in revenues t.....]]></description><pubDate>August 02,2010</pubDate></item><item><title><![CDATA[India''s cotton output estimate at 29.5-million bales [July 31,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/115/India''s_cotton_output_estimate_at_295-million_bales/index.html]]></guid><description><![CDATA[India's cotton output is expected to be at 29.5-million bales (each bale of 170 kg) in the year September 30, higher than the 29.2-million bales estimated in April, the Cotton Advisory Board said. The exports will be also higher at 8.3-million bales,.....]]></description><pubDate>July 31,2010</pubDate></item><item><title><![CDATA[Mentha Oil Recovers On Strong Export Demand [July 31,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/116/Mentha_Oil_Recovers_On_Strong_Export_Demand/index.html]]></guid><description><![CDATA[Bargain buying seen in mentha oil futures on the heels of strong export demand coupled with weak crop projections of the current year. The future prices of mentha oil have gained almost Rs 8 per kg from their lows.As per latest release by Spice Board.....]]></description><pubDate>July 31,2010</pubDate></item><item><title><![CDATA[Indian tea prices jump on thin supply [July 31,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/117/Indian_tea_prices_jump_on_thin_supply/index.html]]></guid><description><![CDATA[MUMBAI: Tea prices jumped this week in India, the world&rsquo;s second biggest producer, as supplies shrank due to a pest attack in the biggest producing region, while demand remained robust, dealers said on Friday.&ldquo;Compared to the correspondin.....]]></description><pubDate>July 31,2010</pubDate></item><item><title><![CDATA[Common rules for services, goods tax on road to GST [July 31,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/118/Common_rules_for_services_goods_tax_on_road_to_GST/index.html]]></guid><description><![CDATA[NEW DELHI: The crucial issue of harmonising the service tax rules with those on taxation of goods is set to be addressed soon, marking another progress in the direction of roll out of the comprehensive goods and services tax (GST) regime.Services beg.....]]></description><pubDate>July 31,2010</pubDate></item><item><title><![CDATA[Forex reserves jump $1 billion to $283 billion [July 31,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/119/Forex_reserves_jump_$1_billion_to_$283_billion/index.html]]></guid><description><![CDATA[MUMBAI: Foreign exchange reserves rose sharply during the week ended July 23, largely on account of inflows through the portfolio investment route and partly due to revaluation of non-dollar assets in reserves.The country&rsquo;s forex reserves rose .....]]></description><pubDate>July 31,2010</pubDate></item><item><title><![CDATA[New Mangalore Port to Stop Exporting Ore  [July 30,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/110/New_Mangalore_Port_to_Stop_Exporting_Ore_/index.html]]></guid><description><![CDATA[The ore export from the New Mangalore Port here has been temporarily stopped. The government on Monday July 26 had banned exports from all the ten ports in the state with the exception of the port here to prevent illegal export of iron ore.The decisi.....]]></description><pubDate>July 30,2010</pubDate></item><item><title><![CDATA[Afghan goods export to India through Wagah [July 30,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/111/Afghan_goods_export_to_India_through_Wagah/index.html]]></guid><description><![CDATA[Pakistani entrepreneurs have expressed their resentment on the proposal to allow export of Afghan goods to India through Wagah border as it would facilitate Indian coal mine operators to dispatch coal from mineral rich Afghanistan at affordable rates.....]]></description><pubDate>July 30,2010</pubDate></item><item><title><![CDATA[Processed food exports value up by 20% in 2008-09: Sahai [July 30,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/112/Processed_food_exports_value_up_by_20%_in_2008-09_Sahai/index.html]]></guid><description><![CDATA[Processed food exports rose by 20.3 per cent to over Rs 16 lakh in 2008-09, the Lok Sabha was informed today.In volume terms, the exports, however, fell by 17 per cent 49,25,585 million tonnes in 2008-09, Minister for Food Processing Industries Subod.....]]></description><pubDate>July 30,2010</pubDate></item><item><title><![CDATA[Garment and Textiles Export [July 30,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/113/Garment_and_Textiles_Export/index.html]]></guid><description><![CDATA[As per trade statistics available for the period Jan-May 2010, India&rsquo;s exports to US and EU countries have increased by 1.61% and 11.66%, respectively compared to the corresponding period in 2009. This information was given by the Minister of S.....]]></description><pubDate>July 30,2010</pubDate></item><item><title><![CDATA[7 entities shortlisted for Rs 6,700-crore JNPT terminal [July 30,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/114/7_entities_shortlisted_for_Rs_6700-crore_JNPT_terminal/index.html]]></guid><description><![CDATA[DP World, PSA, Essar, Lanco and GVK are among the seven shortlisted entities for the Rs 6,700-crore fourth container terminal project of Jawaharlal Nehru Port Trust (JNPT), at Navi Mumbai, according to sources in the shipping ministry. The terminal i.....]]></description><pubDate>July 30,2010</pubDate></item><item><title><![CDATA[SC tells Pernod Ricard to pay customs duty on import of CAB [July 29,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/105/SC_tells_Pernod_Ricard_to_pay_customs_duty_on_import_of_CAB/index.html]]></guid><description><![CDATA[New Delhi: The customs department has received a shot in the arm with the Supreme Court asking liquor major Pernod Ricard India (P) to pay huge amount towards differential customs duty on import of concentrate of alcoholic beverages (CAB).While the d.....]]></description><pubDate>July 29,2010</pubDate></item><item><title><![CDATA[UK to allow exports of nuclear technology to India [July 29,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/106/UK_to_allow_exports_of_nuclear_technology_to_India/index.html]]></guid><description><![CDATA[THE British government has announced it will allow the export of civil nuclear technology to India as the Prime Minister, David Cameron, began his first visit to the subcontinent.The announcement came as Israel reacted furiously to accusations Mr Cam.....]]></description><pubDate>July 29,2010</pubDate></item><item><title><![CDATA[India's apparel exports declined in 2009-10 [July 29,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/107/India's_apparel_exports_declined_in_2009-10/index.html]]></guid><description><![CDATA[India's exports of apparel during 2009-10 declined to Rs47,524.78 crore ($10.047 billion) from Rs47,112.77 crore ($10.383 billion) in the preceding financial year 2008-09.The decline was mainly due to the general economic slowdown in the US and Europ.....]]></description><pubDate>July 29,2010</pubDate></item><item><title><![CDATA[Exports from special economic zone zoomed 121% [July 29,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/108/Exports_from_special_economic_zone_zoomed_121%/index.html]]></guid><description><![CDATA[NEW DELHI: In sharp contrast to the slowdown in India's external trade last fiscal, exports from special economic zones (SEZs) grew by a whopping 121.4 percent, the commerce ministry said Wednesday. Exports from SEZs during 2009-10 stood at Rs.2,20,7.....]]></description><pubDate>July 29,2010</pubDate></item><item><title><![CDATA[Calcutta Customs to tighten vigil on Nepal, Bangladesh borders [July 29,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/109/Calcutta_Customs_to_tighten_vigil_on_Nepal_Bangladesh_borders/index.html]]></guid><description><![CDATA[Customs authorities propose to step up surveillance along India&rsquo;s border with Nepal to check inflow of contraband goods and fake currencies, according to Mr S. Subramanian, Commissioner of Calcutta Customs.&ldquo;Large containers on road traile.....]]></description><pubDate>July 29,2010</pubDate></item><item><title><![CDATA[India state bans iron ore exports from ports [July 28,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/100/India_state_bans_iron_ore_exports_from_ports/index.html]]></guid><description><![CDATA[India's southern Karnataka state, a major producer and exporter of iron ore, has banned exports of the raw material from 10 ports, government sources said on Tuesday."An order has been passed yesterday," a source in the ports department in Karnataka'.....]]></description><pubDate>July 28,2010</pubDate></item><item><title><![CDATA[Govt to soon take steps to help exporters: Anand Sharma [July 28,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/101/Govt_to_soon_take_steps_to_help_exporters_Anand_Sharma/index.html]]></guid><description><![CDATA[Commerce and Industry Minister Anand Sharma on Tuesday said the government will soon take steps to help labour intensive sectors like textiles and handicrafts that are yet to recover from the global slowdown in demand.``Many sectors like textiles and.....]]></description><pubDate>July 28,2010</pubDate></item><item><title><![CDATA[Indian Carpet exports to US to rise to $ 180 million: CEPC [July 28,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/102/Indian_Carpet_exports_to_US_to_rise_to_$_180_million_CEPC/index.html]]></guid><description><![CDATA[India's carpet exports to US are expected to increase to USD 180 million this fiscal in view of the American government's move to remove the industry from its mandatory child labour certification list, an Indian export association has said."We are ex.....]]></description><pubDate>July 28,2010</pubDate></item><item><title><![CDATA[Agri Outlook: Jeera may trade up low inventories [July 28,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/103/Agri_Outlook_Jeera_may_trade_up_low_inventories/index.html]]></guid><description><![CDATA[Market reviewSpice complex on the National Commodity and Derivatives Exchange came under pressure due to profit sales after Saturday's gainsFundamental factorsPepperPepper fell amid subdued demand as most buyers stayed Cautious. Pepper prices, after .....]]></description><pubDate>July 28,2010</pubDate></item><item><title><![CDATA[India Bonds Down As RBI Hikes Rates; Rupee Gains On Rate Gap, Stocks [July 28,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/104/India_Bonds_Down_As_RBI_Hikes_Rates;_Rupee_Gains_On_Rate_Gap_Stocks/index.html]]></guid><description><![CDATA[Indian government bonds fell Tuesday after the central bank raised one of its key policy rates by more than expected and hinted at keeping cash tight at its quarterly monetary policy review.The benchmark 7.80% 2020 bond ended at INR100.51, down from .....]]></description><pubDate>July 28,2010</pubDate></item><item><title><![CDATA[India Red Chilli Futures Touch Two Percent Lower Circuit [July 27,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/95/India_Red_Chilli_Futures_Touch_Two_Percent_Lower_Circuit/index.html]]></guid><description><![CDATA[India Red Chilli futures pared the prior gains on weak domestic demand and higher stocks. Some buying helped chilli futures to close higher in the Saturday's session. Benchmark August 2010 contract on NCDEX ended the Saturday's session higher by 0.76.....]]></description><pubDate>July 27,2010</pubDate></item><item><title><![CDATA[Indian Oil Corporation [July 27,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/96/Indian_Oil_Corporation/index.html]]></guid><description><![CDATA[Indian Oil Corporation has posted a loss of Rs. 3,388 crore for the first quarter of the current financial year ended June 2010 as compared to a profit of Rs. 3,683 crore for the same quarter of the previous year. The loss was mainly on account of un.....]]></description><pubDate>July 27,2010</pubDate></item><item><title><![CDATA[Asia: Japan's Slowing Exports, South Korea's Slowing Growth, India's Rates [July 27,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/97/Asia_Japan's_Slowing_Exports_South_Korea's_Slowing_Growth_India's_Rates/index.html]]></guid><description><![CDATA[Japan's export resurgence continues to lose momentum as shipments to Asia and China slow.The fall is partly due to the slowing in the Chinese economy, but also the fact that the comparison with the same month of last year is now looking less impressi.....]]></description><pubDate>July 27,2010</pubDate></item><item><title><![CDATA[Hazira LNG terminal opens to 3rd party imports [July 27,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/98/Hazira_LNG_terminal_opens_to_3rd_party_imports/index.html]]></guid><description><![CDATA[FOR THE first time, Hazira liquefied natural gas (LNG) terminal will be thrown open for first third party imports of LNG after five years of operation. LNG cargo belonging to Gujarat State Petroleum Corporation&rsquo;s (GSPC) is expected to land at H.....]]></description><pubDate>July 27,2010</pubDate></item><item><title><![CDATA[Peabody position in International Markets [July 27,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/99/Peabody_position_in_International_Markets/index.html]]></guid><description><![CDATA[International markets continued to strengthen in the second quarter, led by rising imports in China, India and the recovering developed economies in Asia. As a result, Australian thermal coal prices are running more than 40% ahead of the prior year a.....]]></description><pubDate>July 27,2010</pubDate></item><item><title><![CDATA[Companies to lock foreign loan rates [July 26,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/90/Companies_to_lock_foreign_loan_rates/index.html]]></guid><description><![CDATA[Many Indian companies are locking the interest rate on their foreign loans. These loans, better known as external commercial borrowings, are usually given on floating rate of interests that are reset every six months. With US interest rates expected .....]]></description><pubDate>July 26,2010</pubDate></item><item><title><![CDATA[Forex gains push bottom lines of 100 leading pharma cos by 79% in 2009-10 [July 26,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/91/Forex_gains_push_bottom_lines_of_100_leading_pharma_cos_by_79%_in_2009-10/index.html]]></guid><description><![CDATA[A study of the financial performances of 100 listed pharmaceutical companies made by Pharmabiz for the year 2009-10 showed that they achieved better growth in bottom lines on account of forex gains only as against heavy forex losses in the previous y.....]]></description><pubDate>July 26,2010</pubDate></item><item><title><![CDATA[Palm Oil Extends Last Week's Rally on Weather Outlook, Indonesian Exports [July 26,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/92/Palm_Oil_Extends_Last_Week's_Rally_on_Weather_Outlook_Indonesian_Exports/index.html]]></guid><description><![CDATA[Palm oil advanced on concern that the La Nina weather event may disrupt harvests in the biggest producers of the commodity later this year, and as a gain in crude oil lifted the appeal of vegetable oils used in biofuels.October-delivery futures climb.....]]></description><pubDate>July 26,2010</pubDate></item><item><title><![CDATA[India Jeera Down Two Percent On Selling Pressure [July 26,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/93/India_Jeera_Down_Two_Percent_On_Selling_Pressure/index.html]]></guid><description><![CDATA[India Jeera futures declined sharply in the early trading session and touched the first lower circuit as speculators created fresh short positions. Benchmark August Jeera fell two percent to Rs 14868 and the counter is now trading lower at Rs 14885 l.....]]></description><pubDate>July 26,2010</pubDate></item><item><title><![CDATA[India Turmeric Dip Sharply On Profit Taking [July 26,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/94/India_Turmeric_Dip_Sharply_On_Profit_Taking/index.html]]></guid><description><![CDATA[India turmeric futures moved sharply lower on profit taking as prices gone up sharply in the earlier trading sessions amid weakness in spices complex. Improving sowing prospects and weak export demand added weak tone in the yellow spice futures. Howe.....]]></description><pubDate>July 26,2010</pubDate></item><item><title><![CDATA[India can double oil meal exports to China [July 24,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/85/India_can_double_oil_meal_exports_to_China/index.html]]></guid><description><![CDATA[India had the potential to double oil meals exports to China to Rs 1,200 crore, an industry body said.The Solvent Extraction Association of India (SEAI) has been invited by industry chamber Ficci to join a business delegation to China next month.&ldq.....]]></description><pubDate>July 24,2010</pubDate></item><item><title><![CDATA[Petroleum products, alcohol and power are out of GST net [July 24,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/86/Petroleum_products_alcohol_and_power_are_out_of_GST_net/index.html]]></guid><description><![CDATA[The Centre and the States have agreed to leave out alcohol, petroleum products and electricity duty out of the proposed Goods and Services Tax (GST) system.This means that consumers of these products will not be affected by any tax rate changes arisi.....]]></description><pubDate>July 24,2010</pubDate></item><item><title><![CDATA[Forex reserves rise by USD 2,479 mn [July 24,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/87/Forex_reserves_rise_by_USD_2479_mn/index.html]]></guid><description><![CDATA[India`s forex reserves increased by USD 2,479 million to stand at USD 281,901 million as on Jul. 16, 2010 mainly on account of rise in foreign currency assets.As per the weekly statistical supplement of the Reserve Bank of India (RBI) released on Jul.....]]></description><pubDate>July 24,2010</pubDate></item><item><title><![CDATA[India's Infosys to invest $0.5 bln to set up SEZ in Bangalore: report [July 24,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/88/India's_Infosys_to_invest_$05_bln_to_set_up_SEZ_in_Bangalore_report/index.html]]></guid><description><![CDATA[India's second largest software services company Infosys Technologies Ltd plans to invest around 25 billion rupees ($0.5 billion) to establish its seventh special economic zone (SEZ) in Sarjapur near the south Indian city of Bangalore, the company sa.....]]></description><pubDate>July 24,2010</pubDate></item><item><title><![CDATA[PM panel raises export outlook to $216 bn this fiscal [July 24,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/89/PM_panel_raises_export_outlook_to_$216_bn_this_fiscal/index.html]]></guid><description><![CDATA[India's exports are projected to grow by about 22 per cent to $216 billion in the current fiscal on the back of recovery in global trade, the Prime Minister's Economic Advisory Council said on Friday. The PMEAC expects exports to overshoot the Commer.....]]></description><pubDate>July 24,2010</pubDate></item><item><title><![CDATA[Carpet exports grow by 22 pc to $3.60 mn [July 23,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/80/Carpet_exports_grow_by_22_pc_to_$360_mn/index.html]]></guid><description><![CDATA[NEW DELHI: India's carpet export rose by 22 per cent to $3.60 million (about 17 crore) in June year-on-year on account of good orders from the US and Europe. In June 2009, the export was $2.94 million (about Rs 14 crore). "We are getting good orders .....]]></description><pubDate>July 23,2010</pubDate></item><item><title><![CDATA[Rice exporters association seeks lifting of ban on non-basmati exports [July 23,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/81/Rice_exporters_association_seeks_lifting_of_ban_on_non-basmati_exports/index.html]]></guid><description><![CDATA[India could export up to 5 lakh tonnes of superior-variety non-basmati rice in the current fiscal if the Centre partially lifted the ban on shipment of the commodity, an industry body said.Union agriculture and food minister Sharad Pawar recently sai.....]]></description><pubDate>July 23,2010</pubDate></item><item><title><![CDATA[Iron ore exports from AP ports up [July 23,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/82/Iron_ore_exports_from_AP_ports_up/index.html]]></guid><description><![CDATA[Iron ore exports from Andhra Pradesh ports registered a substantial growth during the first quarter of the current financial year.While exports from Gangavaram and Kakinada ports increased over four-fold and 100 per cent respectively, from Vizag port.....]]></description><pubDate>July 23,2010</pubDate></item><item><title><![CDATA[India Chilli Futures May Recover On Technical Cues [July 23,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/83/India_Chilli_Futures_May_Recover_On_Technical_Cues/index.html]]></guid><description><![CDATA[Higher Chilli stocks and improving sowing condition intensified further selling in the chilli futures. Benchmark August Chilli futures ended the session sharply lower by Rs 80 or 1.70 percent at Rs 4562.00 per 100 kg and the open interest added 7.65 .....]]></description><pubDate>July 23,2010</pubDate></item><item><title><![CDATA[India - HEPC eyeing Rs 1,350 cr worth handloom export [July 23,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/84/India_-_HEPC_eyeing_Rs_1350_cr_worth_handloom_export/index.html]]></guid><description><![CDATA[Handloom Export Promotion Council (HEPC) would participate in overseas textile festivals during the year to find new markets and for better exploitation of existing ones to achieve handloom export target of Rs.1,350 crore, a top official has said."We.....]]></description><pubDate>July 23,2010</pubDate></item><item><title><![CDATA[Coal India to plan first terminal for imports [July 22,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/75/Coal_India_to_plan_first_terminal_for_imports/index.html]]></guid><description><![CDATA[Coal India Ltd. plans to invest in its first port terminal to handle imports to help meet increasing demand for the fuel, according to a company official said.The company intends to build a terminal in a venture with Visakhapatnam Port Trust in south.....]]></description><pubDate>July 22,2010</pubDate></item><item><title><![CDATA[Curb iron ore exports via profit tax [July 22,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/76/Curb_iron_ore_exports_via_profit_tax/index.html]]></guid><description><![CDATA[New Delhi Indian industry body Assocham called for the levy of a 40 per cent super profits tax on mining activities in a bid to curb exports of iron ore.The demand coincides with a similar proposal made to the Finance Ministry by the Mines Ministry f.....]]></description><pubDate>July 22,2010</pubDate></item><item><title><![CDATA[FM to look into continuation of tax sops: SEZs [July 22,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/77/FM_to_look_into_continuation_of_tax_sops_SEZs/index.html]]></guid><description><![CDATA[NEW DELHI: SEZ developers said on Wednesday that that Finance Minister Pranab Mukherjee has "assured" to look into their suggestion for continuation of tax sops to new units in the DTC regime."...(Mukherjee) assured that suggestions...would be looked.....]]></description><pubDate>July 22,2010</pubDate></item><item><title><![CDATA[India's forex reserves up at $279.422bn [July 22,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/78/India's_forex_reserves_up_at_$279422bn/index.html]]></guid><description><![CDATA[MUMBAI: The country's foreign exchange reserves rose to $279.422 billion for the week ended July 9, up by around $1.16 billion over the previous week, backed by a healthy jump in foreign currency assets.The foreign currency assets, which is a major c.....]]></description><pubDate>July 22,2010</pubDate></item><item><title><![CDATA[Rupee declines against dollar in early trade [July 22,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/79/Rupee_declines_against_dollar_in_early_trade/index.html]]></guid><description><![CDATA[MUMBAI: The rupee on Thursday depreciated by 15 paise against the dollar in early trade due to demand for the US currency from importers.At the Interbank Foreign Exchange market, the domestic unit was quoted 15 paise lower at 47.30 a dollar in early .....]]></description><pubDate>July 22,2010</pubDate></item><item><title><![CDATA[U.S. Drops Duty-Free Deal for Gold Rope, Necklaces From India [July 21,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/70/US_Drops_Duty-Free_Deal_for_Gold_Rope_Necklaces_From_India/index.html]]></guid><description><![CDATA[The Manufacturing Jewelers &amp; Suppliers of America (MJSA) expressed its support for changes to the Generalized System of Preferences (GSP) program in the U.S. The Obama administration withdrew the duty-free status previously granted to gold rope a.....]]></description><pubDate>July 21,2010</pubDate></item><item><title><![CDATA[India should ban export of iron ore, says Assocham  [July 21,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/71/India_should_ban_export_of_iron_ore_says_Assocham_/index.html]]></guid><description><![CDATA[Industry body Associated Chambers of Commerce and Industry of India (ASSOCHAM) said on Tuesday that India should totally stop the outflow of iron ore, even in the form of exports.The situation is so serious, said the body that any kind of iron which .....]]></description><pubDate>July 21,2010</pubDate></item><item><title><![CDATA[Exports grow 30.4% in June: Commerce Secretary [July 21,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/72/Exports_grow_304%_in_June_Commerce_Secretary/index.html]]></guid><description><![CDATA[India&rsquo;s exports registered a growth of 30.4% in June, at US$17.75 billion as compared to US$13.5 billion during June 2009, Commerce Secretary Rahul Khullar said at a press interaction in New Delhi last evening.India&rsquo;s imports in June were.....]]></description><pubDate>July 21,2010</pubDate></item><item><title><![CDATA[Indian aluminium exports may rise by year end [July 21,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/73/Indian_aluminium_exports_may_rise_by_year_end/index.html]]></guid><description><![CDATA[BS reported that India&rsquo;s aluminium exports are likely to pick up within the next 2 quarters due to falling inventories at the London Metal Exchange and revaluation of the Chinese yuan.Mr AK Sharma director production of National Aluminium Compa.....]]></description><pubDate>July 21,2010</pubDate></item><item><title><![CDATA[India's jewelry exports rise by 24pc last month [July 21,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/74/India's_jewelry_exports_rise_by_24pc_last_month/index.html]]></guid><description><![CDATA[Exports from India rose sharply by 32.2 per cent in the first quarter of this fiscal to $ 50.8 billion and growth rate in June alone was 30.4 per cent to US $ 17.75 billion as compared to $ 13.5 billion during June 2009.India's Commerce Secretary, Ra.....]]></description><pubDate>July 21,2010</pubDate></item><item><title><![CDATA[India�s gold jewellery exports surge in June�10  [July 20,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/65/India�s_gold_jewellery_exports_surge_in_June�10_/index.html]]></guid><description><![CDATA[The two sides agreed that &ldquo;no Indian exports to Afghanistan will be allowed through Wagah at this stage&rdquo;. However, a feasible proposal in this regard can be discussed at an appropriate time in future.&ldquo;Pakistan will provide a side le.....]]></description><pubDate>July 20,2010</pubDate></item><item><title><![CDATA[India likely to cut import duty on natural rubber  [July 20,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/66/India_likely_to_cut_import_duty_on_natural_rubber_/index.html]]></guid><description><![CDATA[NEW DELHI (Commodity Online): Long pending demand from Indian rubber industry to the government on reducing import duty of natural rubber is expected to be absolved soon.India&rsquo;s Commerce Secretary, Rahul Khullar on Monday said that the governme.....]]></description><pubDate>July 20,2010</pubDate></item><item><title><![CDATA[Exports cross $100 billion in six months [July 20,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/67/Exports_cross_$100_billion_in_six_months/index.html]]></guid><description><![CDATA[New Delhi: Goods export has crossed the $100 billion mark during the first six months of 2010, bringing the full year target of $200 billion within easy reach.The latest foreign trade numbers indicated sustained recovery in exports, even as import gr.....]]></description><pubDate>July 20,2010</pubDate></item><item><title><![CDATA[PEC to import 8,500 tonne of RBD palmolein by Aug-Sept  [July 20,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/68/PEC_to_import_8500_tonne_of_RBD_palmolein_by_Aug-Sept_/index.html]]></guid><description><![CDATA[&nbsp;State-run trading firm PEC has invited bids for import of 8,500 tonnes of RBD palmolein to be delivered between August and September.Bids will close on July 21 and the decision on the tender will be taken by July 22, PEC said on its website.The.....]]></description><pubDate>July 20,2010</pubDate></item><item><title><![CDATA[Bharti says telco gear curbs easing; iPhone 4 by Oct [July 20,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/69/Bharti_says_telco_gear_curbs_easing;_iPhone_4_by_Oct/index.html]]></guid><description><![CDATA[India's curbs on import of telecoms equipment are easing, a senior executive in the country's leading mobile operator Bharti Airtel said on Monday.Bharti is also working with Apple Inc to start selling its iPhone 4 in India, hopefully in September or.....]]></description><pubDate>July 20,2010</pubDate></item><item><title><![CDATA[PMO to resolve differences over Indian iron ore exports [July 19,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/60/PMO_to_resolve_differences_over_Indian_iron_ore_exports/index.html]]></guid><description><![CDATA[The prime minister's office is reportedly preparing to step in to resolve inter ministerial differences over iron ore exports. The PMO will hold a meeting on the matter next Tuesday with the ministries of mines and steel, which hold divergent views o.....]]></description><pubDate>July 19,2010</pubDate></item><item><title><![CDATA[India Cumin Seed Set To Rise Further On Strong Fundamentals [July 19,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/61/India_Cumin_Seed_Set_To_Rise_Further_On_Strong_Fundamentals/index.html]]></guid><description><![CDATA[India cumin seed or Jeera prices extended the gains for second week due to good local and export demand. The arrivals into the market too are low against offtake as stockiest are holding onto the cumin stocks for better realization. The arrivals of C.....]]></description><pubDate>July 19,2010</pubDate></item><item><title><![CDATA[Cotton prices up 15-30% due to high demand [July 19,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/62/Cotton_prices_up_15-30%_due_to_high_demand/index.html]]></guid><description><![CDATA[Cotton prices have risen by 15 to 30 per cent since the beginning of the year across varieties due to limited supplies and high demand, an economist said."Cotton prices scaled historically high levels in June, driven by active purchasing by mills and.....]]></description><pubDate>July 19,2010</pubDate></item><item><title><![CDATA[Godrej to convert Hyderabad IT SEZ into housing project [July 19,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/63/Godrej_to_convert_Hyderabad_IT_SEZ_into_housing_project/index.html]]></guid><description><![CDATA[Mumbai: The Godrej Group&rsquo;s realty arm, Godrej Properties (GPL), plans to convert its information technology (IT) special economic zone (SEZ) project in Hyderabad into a residential one, a top company official said. GPL had bought over 34 acres .....]]></description><pubDate>July 19,2010</pubDate></item><item><title><![CDATA[Provisional dumping duty on glass fibre from China  [July 19,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/64/Provisional_dumping_duty_on_glass_fibre_from_China_/index.html]]></guid><description><![CDATA[The Finance Ministry has imposed provisional anti-dumping duty on glass fibre imports from China.The duty would also be applicable on glass fibre articles imported from China.Owens Corning India Limited, Mumbai, and OCV Reinforcement Manufacturing Li.....]]></description><pubDate>July 19,2010</pubDate></item><item><title><![CDATA[Govt may raise iron ore export tax, ban unlikely [July 17,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/55/Govt_may_raise_iron_ore_export_tax_ban_unlikely/index.html]]></guid><description><![CDATA[The government may again hike export taxes on iron ore, making the steelmaking raw material costlier for biggest customer China, but it is unlikely to heed domestic demands for an outright ban on international sales.Any clampdown on ore exports by In.....]]></description><pubDate>July 17,2010</pubDate></item><item><title><![CDATA[Cottons, chiffons to tailor growth of apparel exports [July 17,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/56/Cottons_chiffons_to_tailor_growth_of_apparel_exports/index.html]]></guid><description><![CDATA[Indian apparel exporters and manufacturers are falling back on low cost cotton, chiffons and Western-style pret outfits to rev up business in a flagging market.Around 300 exporters displayed their spring-summer collections at the three-day 45th India.....]]></description><pubDate>July 17,2010</pubDate></item><item><title><![CDATA[Turmeric Moves Northwards On Strong Export Demand [July 17,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/57/Turmeric_Moves_Northwards_On_Strong_Export_Demand/index.html]]></guid><description><![CDATA[Weak carryover stocks coupled with strong export demand maintained the bullish sentiments in turmeric market. The future prices of turmeric increased by almost Rs 350 per quintal in last three days.As per market sources, the total carryover stocks of.....]]></description><pubDate>July 17,2010</pubDate></item><item><title><![CDATA[Bumper crop may prompt duty on wheat [July 17,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/58/Bumper_crop_may_prompt_duty_on_wheat/index.html]]></guid><description><![CDATA[NEW DELHI: The government could impose duty to discourage cheap wheat imports following a bumper crop and overflowing godowns and could also allow export of some varieties of non-basmati rice.An empowered group of ministers, or EGoM, will take up the.....]]></description><pubDate>July 17,2010</pubDate></item><item><title><![CDATA[Rubber user industries push for duty reduction [July 17,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/59/Rubber_user_industries_push_for_duty_reduction/index.html]]></guid><description><![CDATA[The trade bodies representing rubber-based industries in the country have pressed for a reduction in the import duty of natural rubber (NR), to help bail out the industrial units struggling with the exorbitantly high prices.These industries have been.....]]></description><pubDate>July 17,2010</pubDate></item><item><title><![CDATA[SC says no to customs duty on DTA trade with SEZs [July 16,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/50/SC_says_no_to_customs_duty_on_DTA_trade_with_SEZs/index.html]]></guid><description><![CDATA[New Delhi: The government&rsquo;s bid to levy export duty on goods supplied to special economic zones (SEZs) from the rest of the country was rejected on Monday with the Supreme Court saying that the extant law does not permit such a levy. Currently,.....]]></description><pubDate>July 16,2010</pubDate></item><item><title><![CDATA[Customs begins trial of daily cargo clearance  [July 16,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/51/Customs_begins_trial_of_daily_cargo_clearance_/index.html]]></guid><description><![CDATA[Customs officials at the Chennai seaport will clear the cargo on all seven days of the week. The new system has been introduced on a trial basis from Thursday.The authorities said the new system was introduced to help trade and to reduce transaction .....]]></description><pubDate>July 16,2010</pubDate></item><item><title><![CDATA[India reportedly bans telecom equipment imports from 26 vendors [July 16,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/52/India_reportedly_bans_telecom_equipment_imports_from_26_vendors/index.html]]></guid><description><![CDATA[India has banned imports of telecommunication equipment from 26 foreign companies, the Financial Chronicle newspaper reported Thursday, without citing any sources.As much as 25 of the banned companies are from China and they include Huawei Technologi.....]]></description><pubDate>July 16,2010</pubDate></item><item><title><![CDATA[Govt to release guidelines on import of telecom eqpt soon [July 16,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/53/Govt_to_release_guidelines_on_import_of_telecom_eqpt_soon/index.html]]></guid><description><![CDATA[The government today said it will soon come out with a set of guidelines for importing telecom equipment into the country."Soon we are going to finalise a methodology to ensure that import of telecom equipment is streamlined," Minister of State for C.....]]></description><pubDate>July 16,2010</pubDate></item><item><title><![CDATA[Guar gains on export demand; chana on low-level buying [July 16,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/54/Guar_gains_on_export_demand;_chana_on_low-level_buying/index.html]]></guid><description><![CDATA[MUMBAI: India's guar seed futures rose more than 1 per cent on Thursday, bolstered by export demand for guar gum, weak arrivals and concerns over the monsoon, analysts and traders said. Most of the guar cultivating areas of Rajasthan have received in.....]]></description><pubDate>July 16,2010</pubDate></item><item><title><![CDATA[Ford India exports engines to Thailand, Figo to S. Africa [June 12,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/40/Ford_India_exports_engines_to_Thailand_Figo_to_S_Africa/index.html]]></guid><description><![CDATA[Ford India, the Indian arm of the American automobile manufacturer Ford Motor Company, has started shipping out diesel and petrol engines to Thailand and the fully built Figo small car to South Africa, a top company official said Friday."We have rece.....]]></description><pubDate>June 12,2010</pubDate></item><item><title><![CDATA[ INDIA: Government highlights plans to grow textile sector [June 12,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/41/_INDIA_Government_highlights_plans_to_grow_textile_sector/index.html]]></guid><description><![CDATA[India's textiles sector has seen a significant recovery despite the global financial crisis and rising prices, the Ministry of Textiles claimed this week, as new plans were laid out for the industry's future development.Despite the global slowdown, I.....]]></description><pubDate>June 12,2010</pubDate></item><item><title><![CDATA[Bovine meat from India banned in Syria [June 12,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/42/Bovine_meat_from_India_banned_in_Syria/index.html]]></guid><description><![CDATA[Last month, Syria has banned bovine meat imports from India. Syrian Minister has said that the ban in the meat imports from India was necessary because the meat was not good in terms of quality.As per a report published by PTI, Syria had to suspend t.....]]></description><pubDate>June 12,2010</pubDate></item><item><title><![CDATA[Rupee at 1-week high as risk appetite returns [June 12,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/43/Rupee_at_1-week_high_as_risk_appetite_returns/index.html]]></guid><description><![CDATA[The rupee rose to its highest level in a week on Friday as risk appetite returned to markets globally after lower-than-expected US jobless claims and comments from the European Central Bank president.At 10 am (0430 GMT), the partially convertible rup.....]]></description><pubDate>June 12,2010</pubDate></item><item><title><![CDATA[Foreign policy should promote peace: PM [June 12,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/44/Foreign_policy_should_promote_peace_PM/index.html]]></guid><description><![CDATA[The country&rsquo;s foreign policy should be calibrated to promote regional peace, enhance exports and cultivate friendly relations with all nations in the world, Prime Minister Yousaf Raza Gilani said on Friday.&ldquo;My economic team has formulated.....]]></description><pubDate>June 12,2010</pubDate></item><item><title><![CDATA[Additional customs duty on imported goods [June 12,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/45/Additional_customs_duty_on_imported_goods/index.html]]></guid><description><![CDATA[Here are some queries on taxation and foreign trade regulations, addressed by Ernst &amp; Young. Readers may mail their queries to fesmes@gmail.comWe import products and sell them to automobile manufacturers. We have been informed by the customs depa.....]]></description><pubDate>June 12,2010</pubDate></item><item><title><![CDATA[Decision on sugar import duty likely by month-end [June 12,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/46/Decision_on_sugar_import_duty_likely_by_month-end/index.html]]></guid><description><![CDATA[Having put off a key decision on white sugar import duty at Thursday&rsquo;s empowered group of ministers (EGoM) , the Centre is likely to take up the proposal again by the end of the month after food and farm minister Sharad Pawar returns from his t.....]]></description><pubDate>June 12,2010</pubDate></item><item><title><![CDATA[India`s forex reserves fall further by USD 877 mn [June 12,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/47/India`s_forex_reserves_fall_further_by_USD_877_mn/index.html]]></guid><description><![CDATA[India`s forex reserves decreased further by USD 877 million to stand at USD 271,093 million as on June 4, 2010 mainly on account of sharp fall in foreign currency assets.As per the weekly statistical supplement of the Reserve Bank of India (RBI) rele.....]]></description><pubDate>June 12,2010</pubDate></item><item><title><![CDATA[Chinese auto cos eye India as low-cost export hub [June 12,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/48/Chinese_auto_cos_eye_India_as_low-cost_export_hub/index.html]]></guid><description><![CDATA[Chinese automobile and component manufacturers are queuing up to drive into the Indian market, second only to their own in pace of growth, with the intention of using it as a low-cost export base.The Indian automobile industry posted its best-ever pe.....]]></description><pubDate>June 12,2010</pubDate></item><item><title><![CDATA[Ministry of Commerce Announcement No. 76 [June 12,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/49/Ministry_of_Commerce_Announcement_No_76/index.html]]></guid><description><![CDATA[Ministry of Foreign Trade &amp; Economic Cooperation issued Announcement No. 8 of 2000, starting levying anti-dumping duties on imported Cold-rolled Silicon Steel Sheets originating from Russia (hereinafter referred to as &ldquo;investigated product&.....]]></description><pubDate>June 12,2010</pubDate></item><item><title><![CDATA[India to export rice to Maldives [June 11,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/31/India_to_export_rice_to_Maldives/index.html]]></guid><description><![CDATA[India will export rice to neighbouring Maldives through the diplomatic route and sell more grains in domestic markets to trim bulging stocks, government officials said on Thursday. India, the world's second-biggest rice producer, had banned exports o.....]]></description><pubDate>June 11,2010</pubDate></item><item><title><![CDATA[Monsoon cheers farms; more rice exports seen [June 11,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/32/Monsoon_cheers_farms;_more_rice_exports_seen/index.html]]></guid><description><![CDATA[MONSOON DELIVERED normal rainfall in the past week, boosting prospects of higher farm output and lower inflation, and encouraging India to further relax curbs on rice exports.Rainfall in the seven days to June 9 recovered to normal after an initial h.....]]></description><pubDate>June 11,2010</pubDate></item><item><title><![CDATA[Indian garment exports fall 2.6% [June 11,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/33/Indian_garment_exports_fall_26%/index.html]]></guid><description><![CDATA[Garment exports from India dropped 2.6% to $10.64bn in 2009/10 compared with $10.93bn in the previous financial year, according to data from the Apparel Export Promotion Council (AEPC).In rupee terms, however, there was a negligible recovery of 0.4%,.....]]></description><pubDate>June 11,2010</pubDate></item><item><title><![CDATA[Mango export to US to continue till mid-July [June 11,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/34/Mango_export_to_US_to_continue_till_mid-July/index.html]]></guid><description><![CDATA[Though the export of mangoes to Japan from Maharashtra, through the city-based Maharashtra State Agriculture Marketing Board (MSAMB), has come to a close this season, mango export to America is going to be on till about the mid of July. The total vol.....]]></description><pubDate>June 11,2010</pubDate></item><item><title><![CDATA[India�s SSWL continues to increase steel wheel rim exports in May [June 11,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/35/India�s_SSWL_continues_to_increase_steel_wheel_rim_exports_in_May/index.html]]></guid><description><![CDATA[Steel Strip Wheels (SSWL), Indian steel wheel producer for the auto sector, achieved sales of 729,000 wheel rims during the month of May this year, as against 517,000 in the same month of 2009, recording a growth of 41 percent.According to a company .....]]></description><pubDate>June 11,2010</pubDate></item><item><title><![CDATA[Make changes in edible oil import duty: SEA [June 11,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/36/Make_changes_in_edible_oil_import_duty_SEA/index.html]]></guid><description><![CDATA[Edible oil trade has reiterated its demand for imposition of a 10 per cent import duty on crude oil as well as raising the duty on refined oil to 17.5 per cent, Ashok Sethia, president, Solvent Extractors&rsquo; Association of India (SEA) said on Tue.....]]></description><pubDate>June 11,2010</pubDate></item><item><title><![CDATA[Delhi HC turns down Grasim plea on excise duty rebate [June 11,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/37/Delhi_HC_turns_down_Grasim_plea_on_excise_duty_rebate/index.html]]></guid><description><![CDATA[The Delhi High Court has turned down a plea by the Aditya Birla Group firm Grasim Industries seeking excise duty rebate on raw materials used for export items.A bench headed by justices Badar Durez Ahmed and VK Jain said the textile manufacturer is a.....]]></description><pubDate>June 11,2010</pubDate></item><item><title><![CDATA[Banks pull out Rs 59.3k cr from RBI repo window [June 11,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/38/Banks_pull_out_Rs_593k_cr_from_RBI_repo_window/index.html]]></guid><description><![CDATA[On Thursday, banks have borrowed slightly less, at Rs 59,300 crore, from the Reserve Bank of India&rsquo;s special repo window. On Wednesday and Tuesday, these banks had raised Rs 66,170 crore and Rs 68,055 crore, respectively.The one-day call rate e.....]]></description><pubDate>June 11,2010</pubDate></item><item><title><![CDATA[Hosiery industry urges govt. to curb yarn exports [June 11,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/39/Hosiery_industry_urges_govt_to_curb_yarn_exports/index.html]]></guid><description><![CDATA[The hosiery industry has urged the government to take steps to reduce the prices of cotton yarn and ensure domestic availability of the raw material by cutting down exports.The prices of cotton yarn have jumped to Rs.190 a kg from Rs.135 in September.....]]></description><pubDate>June 11,2010</pubDate></item><item><title><![CDATA[Textile exporters still have one foot in grave: Maran [June 10,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/26/Textile_exporters_still_have_one_foot_in_grave_Maran/index.html]]></guid><description><![CDATA[India&rsquo;s textile exporters still have &ldquo;one foot in the grave&rdquo; despite a moderate recovery in the 2009-10 fiscal, Textiles Minister Dayanidhi Maran said on Wednesday.&ldquo;We still have one foot in the grave,&rdquo; Mr. Maran told re.....]]></description><pubDate>June 10,2010</pubDate></item><item><title><![CDATA[Auto export up 50% at 179,130 units, best ever in May [June 10,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/27/Auto_export_up_50%_at_179130_units_best_ever_in_May/index.html]]></guid><description><![CDATA[Auto export from India touched a record 179,130 units last month, the highest ever achieved in the month of May, on the back of two-wheeler makers Bajaj Auto and TVS Motor Co posting impressive overseas sales.According to Society of Indian Automobile.....]]></description><pubDate>June 10,2010</pubDate></item><item><title><![CDATA[Indian ban forces spinners to import Australian cotton [June 10,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/28/Indian_ban_forces_spinners_to_import_Australian_cotton/index.html]]></guid><description><![CDATA[With India&rsquo;s restriction on exports of cotton, Bangladeshi domestic spinners are importing huge quantities of cotton from Australia, which is of premium quality but expensive.Apparently, an all time-high volume of Australian produced cotton bal.....]]></description><pubDate>June 10,2010</pubDate></item><item><title><![CDATA[Indian auto, motor bike exporters post new record in May [June 10,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/29/Indian_auto_motor_bike_exporters_post_new_record_in_May/index.html]]></guid><description><![CDATA[




Auto exports from India touched a record 179,130 units last month, the highest ever achieved in the month of May, on the back of two-wheeler makers BAJAJ AUTO (BSE:532977) and TVS MOTOR CO (BSE:532343) posting impressive overseas sales. Acc.....]]></description><pubDate>June 10,2010</pubDate></item><item><title><![CDATA[India eyes more trade with UAE [June 09,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/16/India_eyes_more_trade_with_UAE/index.html]]></guid><description><![CDATA[&nbsp;India, the largest trade partner of the UAE, seeks to further boost two-way trade relations and also want to attract foreign direct investment from the second largest Gulf economy, Indian Ambassador to the UAE M. K. Lokesh said.The economic par.....]]></description><pubDate>June 09,2010</pubDate></item><item><title><![CDATA[Govt to try again to push fuel price reform [June 09,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/17/Govt_to_try_again_to_push_fuel_price_reform/index.html]]></guid><description><![CDATA[The government said on Tuesday it would seek again to reach agreement on a controversial increase in fuel prices to help improve its fiscal position, despite opposition to subsidy cuts from a key coalition ally.A ministerial panel had been due to com.....]]></description><pubDate>June 09,2010</pubDate></item><item><title><![CDATA[Govt likely to allow export of sugar to EU [June 09,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/18/Govt_likely_to_allow_export_of_sugar_to_EU/index.html]]></guid><description><![CDATA[The government may allow export of 10,000 tonne of sugar to the European Union (EU) as the sugar situation in the country has become comfortable with increased supplies and stable prices, an official said.In February this year, the Centre was forced .....]]></description><pubDate>June 09,2010</pubDate></item><item><title><![CDATA[India confident of 8.5% growth, despite European crisis [June 09,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/19/India_confident_of_85%_growth_despite_European_crisis/index.html]]></guid><description><![CDATA[Finance Minister Pranab Mukherjee is confident that the economy will grow by 8.5 per cent this fiscal if the monsoon is good, as it can help negate the impact of the European financial crisis."Given the uncertainties in the global markets, especially.....]]></description><pubDate>June 09,2010</pubDate></item><item><title><![CDATA[Surging economy ready to take on greater global role [June 09,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/20/Surging_economy_ready_to_take_on_greater_global_role/index.html]]></guid><description><![CDATA[&nbsp;India, one of the fastest growing economies, is ready to play a greater role in the global economy, Anand Sharma, India's Minister for Commerce and Industry, told Gulf News in an exclusive interview.He said that the Indian economy is expected t.....]]></description><pubDate>June 09,2010</pubDate></item><item><title><![CDATA[India set to double GDP in five years [June 09,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/21/India_set_to_double_GDP_in_five_years/index.html]]></guid><description><![CDATA[Given the fast pace at which India&rsquo;s $1.3 trillion economy is growing at present, the country is on track to double its gross domestic product in five years, Anand Sharma, India&rsquo;s Minister for Industry and Commerce, said.Asia&rsquo;s thir.....]]></description><pubDate>June 09,2010</pubDate></item><item><title><![CDATA[Indian economy banks on revival across sectors [June 09,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/22/Indian_economy_banks_on_revival_across_sectors/index.html]]></guid><description><![CDATA[As predicted by the Indian Meteorological Department the first monsoon rains struck the Kerela coast right on dot &ndash; 31st of May. After coming out of a very difficult year on account of global economic crisis and drought, the behaviour of monsoo.....]]></description><pubDate>June 09,2010</pubDate></item><item><title><![CDATA[India Wants China to Lift Trade Restrictions on Agro Products [June 09,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/23/India_Wants_China_to_Lift_Trade_Restrictions_on_Agro_Products/index.html]]></guid><description><![CDATA[India expressed hope on Monday that China will soon drop trade restrictions on a wide array of Indian agricultural products as a way to offset a growing bilateral trade imbalance that rose to US$16 billion last year.Meeting with government officials .....]]></description><pubDate>June 09,2010</pubDate></item><item><title><![CDATA[Move afoot to impose customs duty on sugar [June 09,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/24/Move_afoot_to_impose_customs_duty_on_sugar/index.html]]></guid><description><![CDATA[The food ministry is readying a revised proposal on customs duty hike on white sugar imports to put up before the empowered group of ministers (EGoM) on food.This is despite apprehensions that the total stocks of sugar with the Centre at the start of.....]]></description><pubDate>June 09,2010</pubDate></item><item><title><![CDATA[Govt ups customs duty on silver, betel nuts [June 09,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/25/Govt_ups_customs_duty_on_silver_betel_nuts/index.html]]></guid><description><![CDATA[The government has increased custom duty on imports of silver and betel nuts to check rapid depletion of foreign currency by curbing their illegal re-export to India.As per the new ordinance issued by the President&acute;s office on Sunday evening, t.....]]></description><pubDate>June 09,2010</pubDate></item><item><title><![CDATA[India Starts Issuing Cotton Export Licences, Standard Reports [June 08,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/5/India_Starts_Issuing_Cotton_Export_Licences_Standard_Reports/index.html]]></guid><description><![CDATA[India has started issuing licences for exporting cotton to Pakistan and Bangladesh, the Business Standard reported, citing trade officials it didn't identify.Licences to ship 100,000 bales have been issued to about a dozen exporters, the newspaper sa.....]]></description><pubDate>June 08,2010</pubDate></item><item><title><![CDATA[G-20 Finance Ministers Support India's Proposal On Bank Regulation [June 08,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/6/G-20_Finance_Ministers_Support_India's_Proposal_On_Bank_Regulation/index.html]]></guid><description><![CDATA[India&rsquo;s proposal to regulate banks rather than imposing a tax to fund future bailouts was largely accepted at the recent meeting of G-20 Finance Ministers in Busan, South Korea.&nbsp;Finance Minister Pranab Mukherjee said India had suggested th.....]]></description><pubDate>June 08,2010</pubDate></item><item><title><![CDATA[India suggests regulation of banks through CRR rather than bailout [June 08,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/7/India_suggests_regulation_of_banks_through_CRR_rather_than_bailout/index.html]]></guid><description><![CDATA[India's proposal for regulation of banks rather than imposing a tax to fund future bailouts was more or less accepted at the recently concluded meeting of G-20 Finance Ministers in South Korea.Finance minister Pranab Mukherjee, who returned from Busa.....]]></description><pubDate>June 08,2010</pubDate></item><item><title><![CDATA[India to consider tax on wheat imports - paper [June 08,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/8/India_to_consider_tax_on_wheat_imports_-_paper/index.html]]></guid><description><![CDATA[India, saddled with bulging wheat stocks after a bumper crop, is set to consider slapping import tax on the grain to help halt adding to the stockpile, the Economic Times reported on Monday.EconomyA ministerial panel, scheduled to meet this month, is.....]]></description><pubDate>June 08,2010</pubDate></item><item><title><![CDATA[Market may recover on higher Asian stocks [June 08,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/9/Market_may_recover_on_higher_Asian_stocks/index.html]]></guid><description><![CDATA[The market may edge higher as Asian stocks reversed initial losses. Asian stocks had opened lower tracking sell-off in US stocks on Monday, 7 June 2010. Trading in S&amp;P CNX Nifty index futures on the Singapore stock exchange indicated a flat openi.....]]></description><pubDate>June 08,2010</pubDate></item><item><title><![CDATA[India Delays Fuel Price Decision Amid High Inflation (Update1) [June 08,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/10/India_Delays_Fuel_Price_Decision_Amid_High_Inflation_(Update1)/index.html]]></guid><description><![CDATA[India delayed a decision to raise prices of fuels including gasoline and diesel on concern higher costs will stoke inflation, already running at the fastest clip among the Group of 20 nations. Shares of state refiners fell.Ministers led by Finance Mi.....]]></description><pubDate>June 08,2010</pubDate></item><item><title><![CDATA[India to seek uranium import from Australia: Shinde [June 08,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/11/India_to_seek_uranium_import_from_Australia_Shinde/index.html]]></guid><description><![CDATA[India will try to persuade Australia to supply uranium to it during a bilateral meeting on energy here on Tuesday, seeking flexibility on Canberra's longstanding position that it would not export the nuclear raw material to countries who are not sign.....]]></description><pubDate>June 08,2010</pubDate></item><item><title><![CDATA[Indian to relaunch East India Company in July [June 08,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/12/Indian_to_relaunch_East_India_Company_in_July/index.html]]></guid><description><![CDATA[The East India Company, which once ruled over India and set the stage for a prolonged colonial and post-colonial interaction between Britain and India, has reinvented itself under the ownership of an Indian-origin entrepreneur.The company is one of t.....]]></description><pubDate>June 08,2010</pubDate></item><item><title><![CDATA[Engg goods redirected to Russia, LatAm & Africa [June 08,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/13/Engg_goods_redirected_to_Russia_LatAm_&_Africa/index.html]]></guid><description><![CDATA[The country&rsquo;s engineering industry is tweaking its export strategy to tide over the weak sentiments in the Euro zone. With euro crisis looming large, engineering goods exporters are turning to locales like Russia and Latin America and South Afr.....]]></description><pubDate>June 08,2010</pubDate></item><item><title><![CDATA[Indian summer looming large for distiller [June 08,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/14/Indian_summer_looming_large_for_distiller/index.html]]></guid><description><![CDATA[Ian Macleod Distillers, the drinks-maker and bottler, has almost doubled its pre-tax profits on the back of better margins and an 18% surge in export sales of Glengoyne, the world&rsquo;s only unpeated single malt Scotch whisky.Leonard Russell, the m.....]]></description><pubDate>June 08,2010</pubDate></item><item><title><![CDATA[RBI may not raise interest rate in a hurry [June 08,2010]]]></title><guid><![CDATA[http://www.tradebits.in/news/15/RBI_may_not_raise_interest_rate_in_a_hurry/index.html]]></guid><description><![CDATA[The crisis in Greece is likely to lead to outflow of capital from equity markets in emerging economies, including India. Debt-related flows could also be lower as global financial market players hesitate to invest in non-dollar areas.Consequently, ca.....]]></description><pubDate>June 08,2010</pubDate></item><item><title><![CDATA[Trade Idea: GBP/USD - Sell At 1.6480 [June 22,2009]]]></title><guid><![CDATA[http://www.tradebits.in/news/2/Trade_Idea_GBP/USD_-_Sell_At_16480/index.html]]></guid><description><![CDATA[Although the British pound rallied to as high as 1.6562 last Friday, price still faltered below the trend-line (by joining 1.6664 and 1.6622 resistance) and then retreated, suggesting further consolidation would take place and mild downside bias is s.....]]></description><pubDate>June 22,2009</pubDate></item><item><title><![CDATA[Would you trade your online passwords for a chance at a job? [June 22,2009]]]></title><guid><![CDATA[http://www.tradebits.in/news/3/Would_you_trade_your_online_passwords_for_a_chance_at_a_job?/index.html]]></guid><description><![CDATA[I've long since given up trying to understand things like who thought up Pet Rocks or why people eat sweetbreads. I'm pretty sure, though, something I read today will have me scratching my head for a long time to come. ReadWriteWeb is reporting that .....]]></description><pubDate>June 22,2009</pubDate></item><item><title><![CDATA[I've long since given up trying to understand things like who thought up Pet Rocks or why people eat sweetbreads. I'm pretty sure, though, something I read today will have me scratching my head for a long time to come. [June 22,2009]]]></title><guid><![CDATA[http://www.tradebits.in/news/4/I've_long_since_given_up_trying_to_understand_things_like_who_thought_up_Pet_Rocks_or_why_people_eat_sweetbreads_I'm_pretty_sure_though_something_I_read_today_will_have_me_scratching_my_head_for_a_long_time_to_come/index.html]]></guid><description><![CDATA[June 22 (Bloomberg) -- Asian stocks rose, led by automakers and financial companies, as a government report showed confidence among Japanese manufacturers improved this quarter and on speculation Chinese banks will boost lending. 

Nissan Motor Co......]]></description><pubDate>June 22,2009</pubDate></item><item><title><![CDATA[Google changes its trade mark policy [May 15,2009]]]></title><guid><![CDATA[http://www.tradebits.in/news/1/Google_changes_its_trade_mark_policy/index.html]]></guid><description><![CDATA[Google has revised its position on the use of trade marks as sponsored keywords by third parties to advertise their websites on the Google search engine.

As from 4 April 2008, Google no longer investigates complaints from trade mark owners about u.....]]></description><pubDate>May 15,2009</pubDate></item></channel>
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