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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 18,2026</lastBuildDate><item><title><![CDATA[Tools Makers Shift to Import Substitution [January 04,2012]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1373/Tools_Makers_Shift_to_Import_Substitution.html]]></guid><description><![CDATA[Indian machine tools industry that imports 25 per cent of its total component requirement and exports just 3 per cent of its output has started to shift to &lsquo;import substitution&rsquo; mechanism to hedge against rupee depreciation.Indian machine.....]]></description><pubDate>January 04,2012</pubDate></item><item><title><![CDATA[Leather Exports To Triple: Commerce Secretary [July 29,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1367/Leather_Exports_To_Triple_Commerce_Secretary.html]]></guid><description><![CDATA[Commerce Secretary Rahul Khullar on Thursday said Indian leather exports are bound to triple in the next few years from the present $4 billion as the industry had gained the cutting edge technology, expertise and was moving towards high-end products......]]></description><pubDate>July 29,2011</pubDate></item><item><title><![CDATA[Food Ministry Against Wheat Exports [July 29,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1368/Food_Ministry_Against_Wheat_Exports.html]]></guid><description><![CDATA[New Delhi: India&rsquo;s food ministry will oppose a proposal to export wheat as it prefers to distribute the excess to the poor within the country, K.V. Thomas, Union minister of state (independent charge) for consumer affairs, food and public distr.....]]></description><pubDate>July 29,2011</pubDate></item><item><title><![CDATA[Spices Export Jumps By 21 Pc At Rs 1,886 Cr in Q1 [July 29,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1369/Spices_Export_Jumps_By_21_Pc_At_Rs_1886_Cr_in_Q1.html]]></guid><description><![CDATA[The country's spices exports rose by 21 per cent to Rs 1,885 crore in the first quarter of this fiscal due to higher realisation, though volumes of shipment remained low at 1.16 lakh tonnes in the same period.India's spices exports stood at Rs 1,560 .....]]></description><pubDate>July 29,2011</pubDate></item><item><title><![CDATA[Retailers Moot Segment-Wise FDI [July 29,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1370/Retailers_Moot_Segment-Wise_FDI.html]]></guid><description><![CDATA[With the Committee of Secretaries recommending 51 per cent foreign direct investment in the retail sector, retailers have sought some changes in FDI norms, especially in the food and non-food sectors.&ldquo;FDI should be looked at differently for foo.....]]></description><pubDate>July 29,2011</pubDate></item><item><title><![CDATA[Reintroduction Of DEPB Scheme For Cotton Exports [July 29,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1371/Reintroduction_Of_DEPB_Scheme_For_Cotton_Exports.html]]></guid><description><![CDATA[The Government of India has reintroduced the Duty Entitlement Pass Book (DEPB) scheme for cotton exporters and cotton yarn exporters, which had been discontinued from 21st April 2010. Under this scheme, the exporter of cotton and cotton yarn can clai.....]]></description><pubDate>July 29,2011</pubDate></item><item><title><![CDATA[India May Gold Sales Up Massive 161% yoy - Gold Rush Continuing [July 29,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1372/India_May_Gold_Sales_Up_Massive_161%_yoy_-_Gold_Rush_Continuing.html]]></guid><description><![CDATA[The gold rush in India, the world's biggest bullion consumer, continues unabated. Physical demand for the gold remains high despite the spike in prices, wealth management firm UBS has said in a note, adding that an indication of sales to India was a .....]]></description><pubDate>July 29,2011</pubDate></item><item><title><![CDATA[India Wants To Import More Azerbaijani Oil [July 28,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1361/India_Wants_To_Import_More_Azerbaijani_Oil.html]]></guid><description><![CDATA[India intends to increase crude oil imports from Azerbaijan, Ambassador Debnath Shaw has told a business forum in Baku.He told the Azerbaijan-India business forum today that crude oil was India's major import from Azerbaijan, while other products acc.....]]></description><pubDate>July 28,2011</pubDate></item><item><title><![CDATA[Potato Growers Vexed As Export Orders Dry Up [July 28,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1362/Potato_Growers_Vexed_As_Export_Orders_Dry_Up.html]]></guid><description><![CDATA[KOLKATA | AHMEDABAD:Farmers in India'spotato belt are heading towards a financial crisis. They had loaded the vegetable incold storages hoping to get export orders from theCIS countries. But with no business in sight, the glut has pushed down prices .....]]></description><pubDate>July 28,2011</pubDate></item><item><title><![CDATA[Exporters Jittery As Rupee Touches 3-Year High [July 28,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1363/Exporters_Jittery_As_Rupee_Touches_3-Year_High.html]]></guid><description><![CDATA[With rupee touching 36 month high today, exporters got jittery as they stand to lose on their net foreign exchange remittances.The rupee closed 10 paise stronger at 44.08/09 -- a three-and-a-half months high -- against the US currency on increased do.....]]></description><pubDate>July 28,2011</pubDate></item><item><title><![CDATA[India Could Be Next FDI Driver In S Africa, Say Analysts [July 28,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1364/India_Could_Be_Next_FDI_Driver_In_S_Africa_Say_Analysts.html]]></guid><description><![CDATA[Religare Capital Markets Ltd's acquisition of a 74 per cent controlling stake in South African broker Noah Financial Innovation has been hailed by analysts as a sign that India could be the next foreign direct investment driver in South Africa's fina.....]]></description><pubDate>July 28,2011</pubDate></item><item><title><![CDATA[Govt May Relook At SEZ Land Ceiling [July 28,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1365/Govt_May_Relook_At_SEZ_Land_Ceiling.html]]></guid><description><![CDATA[Amidst protests against land acquisition, the government today said it may relook at the land ceiling of 5,000 hectare for the Special Economic Zones (SEZs)."Land issues are critical...I think the minimum size is something that needs to be looked at .....]]></description><pubDate>July 28,2011</pubDate></item><item><title><![CDATA[INDIA: Restores Tax Rebate On Cotton Exports [July 28,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1366/INDIA_Restores_Tax_Rebate_On_Cotton_Exports.html]]></guid><description><![CDATA[The Indian government has restored tax incentives for raw cotton and cotton yarn exports following a review of the sector over the past few days.The duty drawback on cotton yarn exports - which offers exporters a refund of import duties - is being ba.....]]></description><pubDate>July 28,2011</pubDate></item><item><title><![CDATA[Pharma Exports May Face Challenges From China, Russia [July 25,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1355/Pharma_Exports_May_Face_Challenges_From_China_Russia.html]]></guid><description><![CDATA[Commerce ministry to meet on July 26 to discuss issues facing the industry.China&rsquo;s  massive expansion of its bulk drug industry and Russia&rsquo;s move to  achieve self-sufficiency in the pharmaceuticals sector are likely to  pose challenges to.....]]></description><pubDate>July 25,2011</pubDate></item><item><title><![CDATA[Retail FDI To Bring More Choices For Consumers [July 25,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1356/Retail_FDI_To_Bring_More_Choices_For_Consumers.html]]></guid><description><![CDATA[While consumers can look forward to more choices from an entire host of  retail chains that are expected to enter the Indian market, the industry  will be able to fund large scale expansions when retail is finally  opened up to FDI. These prospects b.....]]></description><pubDate>July 25,2011</pubDate></item><item><title><![CDATA[Garment Prices To Rise By 40% In Festive Season [July 25,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1357/Garment_Prices_To_Rise_By_40%_In_Festive_Season.html]]></guid><description><![CDATA[With the festive season round the corner, most retailers are clearing  old stocks to make way for new ones. However, new stocks which are soon  to hit the market will sport a heavier price tag.Garments are  expected to cost 35% to 40% more this festi.....]]></description><pubDate>July 25,2011</pubDate></item><item><title><![CDATA[Coffee Exports Not Affected By Italian Debt Crisis: Coffee Board Official [July 25,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1358/Coffee_Exports_Not_Affected_By_Italian_Debt_Crisis_Coffee_Board_Official.html]]></guid><description><![CDATA[Prospects of coffee exports from India may be marred due to the Italian  debt crisis, a section of the media reported recently. This has also  been the reason why Indian exporters are keenly watching the situation  in Italy before taking any supply o.....]]></description><pubDate>July 25,2011</pubDate></item><item><title><![CDATA[CDSCO Issues Guidance Document For Import & Registration Of APIs, Formulations [July 25,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1359/CDSCO_Issues_Guidance_Document_For_Import_&_Registration_Of_APIs_Formulations.html]]></guid><description><![CDATA[The Central Drugs Standard Control Organization (CDSCO) has issued  Guidance document on common submission format for import and  registration of Active Pharma Ingredients (APIs) and finished  formulations in India.The main purpose of the document is.....]]></description><pubDate>July 25,2011</pubDate></item><item><title><![CDATA[Time To Pursue Trade Negotiations With Developed Countries [July 25,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1360/Time_To_Pursue_Trade_Negotiations_With_Developed_Countries.html]]></guid><description><![CDATA[One of the activities that the Commerce Minister and some of the  officials in his Ministry keep busy with is the negotiation of free,  preferential, bilateral or regional trade agreements. Apparently, the  main objective of the agreements is trade c.....]]></description><pubDate>July 25,2011</pubDate></item><item><title><![CDATA[Exports From SEZs Grow 23% In April-June This Year [July 23,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1349/Exports_From_SEZs_Grow_23%_In_April-June_This_Year.html]]></guid><description><![CDATA[Exports from Special Economic Zones (SEZs) grew by 23% during the first  quarter of the fiscal 2011-12, slower than the expansion in the  aggregate shipments from the country during the period.Merchandise exports from 143 operational SEZs totalled Rs.....]]></description><pubDate>July 23,2011</pubDate></item><item><title><![CDATA[Menon Hopes For Excise Roll Back [July 23,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1350/Menon_Hopes_For_Excise_Roll_Back.html]]></guid><description><![CDATA[Textiles Secretary Rita Menon hopes the 10 per cent excise duty on  branded garments which has been a bug bear for the industry for the past  few months, will be rolled back in the next budget. That&rsquo;s what will  happen. A letter will be written.....]]></description><pubDate>July 23,2011</pubDate></item><item><title><![CDATA[HC Orders DGFT To Consider Cotton Ginners Plea [July 23,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1351/HC_Orders_DGFT_To_Consider_Cotton_Ginners_Plea.html]]></guid><description><![CDATA[The Bombay High Court has asked the Directorate-General of Foreign Trade  (DGFT) to consider the applications of cotton ginners from Maharashtra.  The court order comes a major relief to ginners who were not allowed to  export cotton from the additio.....]]></description><pubDate>July 23,2011</pubDate></item><item><title><![CDATA[Govt Moves A Step Closer To 51% FDI In Multi-Brand Retail [July 23,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1352/Govt_Moves_A_Step_Closer_To_51%_FDI_In_Multi-Brand_Retail.html]]></guid><description><![CDATA[The government today moved a step closer to allowing up to 51 per cent  foreign direct investment (FDI) in multi-brand retail with a committee  of secretaries (CoS) &ldquo;unanimously&rdquo; agreeing to allow global retail  chains a majority sharehol.....]]></description><pubDate>July 23,2011</pubDate></item><item><title><![CDATA[Export Demand Pushes Up Jeera Prices [July 23,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1353/Export_Demand_Pushes_Up_Jeera_Prices.html]]></guid><description><![CDATA[Jeera or cumin seed prices seems to have turned bullish after remaining subdued for more than two months.The  traders are bullish on the future price trend as the export demand of  the spice commodity from India is firm and expected to be strong amid.....]]></description><pubDate>July 23,2011</pubDate></item><item><title><![CDATA[India's Forex Reserves Down $112 Million To $314.5 Billion [July 23,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1354/India's_Forex_Reserves_Down_$112_Million_To_$3145_Billion.html]]></guid><description><![CDATA[India's foreign exchange reserves declined by $112 million to $314.507  billion on the back of a dip in foreign currency assets (FCAs) for the  week ended July 15.The reserves had declined by $1.10 billion in the previous week to $314.62 billion.FCAs.....]]></description><pubDate>July 23,2011</pubDate></item><item><title><![CDATA[Enough Time For Rice Exporters To Register With DGFT: Govt [July 22,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1343/Enough_Time_For_Rice_Exporters_To_Register_With_DGFT_Govt.html]]></guid><description><![CDATA[A day after rice exporters alleged that insufficient time for  registration for shipments and low export price would favour a few, the  government today said that it has given adequate time and traders are  free to sell the commodity at higher prices.....]]></description><pubDate>July 22,2011</pubDate></item><item><title><![CDATA[Nod To Blueprint On FDI In Multi-Brand Retail Likely Tommorow [July 22,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1344/Nod_To_Blueprint_On_FDI_In_Multi-Brand_Retail_Likely_Tommorow.html]]></guid><description><![CDATA[A panel of secretaries is likely to approve tomorrow a final blueprint  for allowing FDI in country&rsquo;s multi-brand retail sector, but with tough  riders. These could include preconditions like a minimum  investment of $100 million and earmarking.....]]></description><pubDate>July 22,2011</pubDate></item><item><title><![CDATA[Board Of Approval On SEZs To Meet Tomorrow [July 22,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1345/Board_Of_Approval_On_SEZs_To_Meet_Tomorrow.html]]></guid><description><![CDATA[The government will consider proposals from six SEZ developers, including Parsvnath Group, to shelve their projects  tomorrow, besides several requests for more time to develop special  economic zones on account of the difficult business environment......]]></description><pubDate>July 22,2011</pubDate></item><item><title><![CDATA[Rupee Appreciates By 13 Paise Against US Dollar In Early Trade [July 22,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1346/Rupee_Appreciates_By_13_Paise_Against_US_Dollar_In_Early_Trade.html]]></guid><description><![CDATA[The Indian rupee appreciated by 13 paise to Rs 44.37 against the US  dollar in early trade on the Interbank Foreign Exchange on Friday,  boosted by gains posted by the euro and other currencies against the  American dollar overseas.A higher opening i.....]]></description><pubDate>July 22,2011</pubDate></item><item><title><![CDATA[India-SA Trade May Touch $10bn Mark in 2011 [July 22,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1347/India-SA_Trade_May_Touch_$10bn_Mark_in_2011.html]]></guid><description><![CDATA[The trade between India and South Africa is expected to reach USD 10  billion in 2011, Indian High Commissioner Virendra Gupta said today."Our  trade relations continue to grow, and I think in 2011 we will probably  be reaching a trade volume figure .....]]></description><pubDate>July 22,2011</pubDate></item><item><title><![CDATA[Government Mulls Allowing 8L Bale Cotton Exports [July 22,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1348/Government_Mulls_Allowing_8L_Bale_Cotton_Exports.html]]></guid><description><![CDATA[The Union Government is looking at allowing an export of 8 lakh more  bales of cotton. The government is going slow on exports to control  domestic prices which are contributing to inflation. Of the 8 lakh  bales, 3 lakh bales are expected to be rese.....]]></description><pubDate>July 22,2011</pubDate></item><item><title><![CDATA[India - Govt May Increase Cotton Exports Quota [July 21,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1337/India_-_Govt_May_Increase_Cotton_Exports_Quota.html]]></guid><description><![CDATA[The government is likely to consider increasing cotton exports beyond  the ceiling of 65 lakh bales for the current cotton season soon, hinted  Textile Secretay Rita Menon in New Delhi on Tuesday."We could  consider to increase the quota of cotton........]]></description><pubDate>July 21,2011</pubDate></item><item><title><![CDATA[Pharmexcil To Send Exporters' Delegation To South East Asian Countries In October [July 21,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1338/Pharmexcil_To_Send_Exporters'_Delegation_To_South_East_Asian_Countries_In_October.html]]></guid><description><![CDATA[Aiming to boost India's pharma exports to south-east Asian countries  like South Korea, Hong Kong, Malaysia and Thailand, the Pharmaceutical  Export Promotion Council (Pharmexcil) is sending a business delegation  to these countries in the first week.....]]></description><pubDate>July 21,2011</pubDate></item><item><title><![CDATA[Exports May Not Sustain High Growth Rate: FinMin [July 21,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1339/Exports_May_Not_Sustain_High_Growth_Rate_FinMin.html]]></guid><description><![CDATA[India's exports may not sustain their high growth rate in the coming  months due to uncertain economic conditions in Europe and other Western  markets, a Finance Ministry note said.The average export growth in the last five months has been over 40% a.....]]></description><pubDate>July 21,2011</pubDate></item><item><title><![CDATA[India's Polished Diamond Exports +1% In June [July 21,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1340/India's_Polished_Diamond_Exports_+1%_In_June.html]]></guid><description><![CDATA[India&rsquo;s polished diamond exports rose 1 percent year on year to $2.22  billion in June 2011, the Gem &amp; Jewellery Export Promotion Council  (GJEPC) reported. By volume, polished exports were flat at 5.119 million  carats as the average price.....]]></description><pubDate>July 21,2011</pubDate></item><item><title><![CDATA[India-UK Bilateral Trade Grew 20% In 2010 [July 21,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1341/India-UK_Bilateral_Trade_Grew_20%_In_2010.html]]></guid><description><![CDATA[It has been a year since the UK&rsquo;s Prime Minister, David Cameron, made a  highly successful visit to India, which helped to strengthen our  bilateral relationship and build on our already-strong trade and  investment ties. Now we have published .....]]></description><pubDate>July 21,2011</pubDate></item><item><title><![CDATA[Rupee Down By 2 Paise Against US Dollar [July 21,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1342/Rupee_Down_By_2_Paise_Against_US_Dollar.html]]></guid><description><![CDATA[The Indian rupee fell by 2 paise to Rs 44.47 against the US dollar in  early trade on the Interbank Foreign Exchange on Thursday, largely  pressured by a lower opening in the stock market.Forex dealers  said the lower opening in the stock market this.....]]></description><pubDate>July 21,2011</pubDate></item><item><title><![CDATA[India Imposes Anti-Dumping Duty On Japanese, Chinese Gas [July 20,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1331/India_Imposes_Anti-Dumping_Duty_On_Japanese_Chinese_Gas.html]]></guid><description><![CDATA[India has imposed anti-dumping duty of up to USD 1.41 per kg on imports  of a gas, used primarily for refrigeration purpose, to protect domestic  players from cheap Chinese and Japanese shipments.The  restrictive duty on the import of '1,1,1,2-Tetraf.....]]></description><pubDate>July 20,2011</pubDate></item><item><title><![CDATA[31 FDI Proposals Worth Rs.3,845 Crore Cleared [July 20,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1332/31_FDI_Proposals_Worth_Rs3845_Crore_Cleared.html]]></guid><description><![CDATA[The government on Tuesday announced its approval to 31 foreign direct  investment (FDI) proposals worth Rs.3,844.70 crore out of which a major  chunk of the inflow is accounted for by three applications, that of  Multiples Pvt. Equity Fund, Ashwell H.....]]></description><pubDate>July 20,2011</pubDate></item><item><title><![CDATA[Natural Rubber Output Up 5.4% In April-JuneNatural Rubber Output Up 5.4% In April-June [July 20,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1333/Natural_Rubber_Output_Up_54%_In_April-JuneNatural_Rubber_Output_Up_54%_In_April-June.html]]></guid><description><![CDATA[Natural rubber (NR) production rose 5.4 per cent during April-June,  while the slowdown in the growth of consumption continued. Consumption  grew 3.9 per cent in the first quarter of the current financial year,  according to the provisional figures o.....]]></description><pubDate>July 20,2011</pubDate></item><item><title><![CDATA[Centre Does A U-Turn On Wheat Exports [July 20,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1334/Centre_Does_A_U-Turn_On_Wheat_Exports.html]]></guid><description><![CDATA[The Centre has put on hold the decision to allow wheat exports, citing  unfavourable global market conditions. The move comes barely 48 hours  after Union Agriculture Minister Sharad Pawar announced that the  four-year ban on wheat exports had been l.....]]></description><pubDate>July 20,2011</pubDate></item><item><title><![CDATA[Business Urges India To Reverse SEZ Policy [July 20,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1335/Business_Urges_India_To_Reverse_SEZ_Policy.html]]></guid><description><![CDATA[As the Indian government puts the final touches to a new national  manufacturing policy, the Associated Chambers of Commerce and Industry  of India (ASSOCHAM) has called for the ironing out of issues troubling  special economic zones (SEZs) and sugge.....]]></description><pubDate>July 20,2011</pubDate></item><item><title><![CDATA[Rupee Gains 3 Paise Against U.S. Dollar In Early Trade [July 20,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1336/Rupee_Gains_3_Paise_Against_US_Dollar_In_Early_Trade.html]]></guid><description><![CDATA[The Indian rupee strengthened by 3 paise to Rs. 44.46 per dollar in  early trade on the Interbank Foreign Exchange today, supported by dollar  weakness against the euro and other Asian currencies.The rupee  ended 8 paise higher Rs. 44.49/50 against t.....]]></description><pubDate>July 20,2011</pubDate></item><item><title><![CDATA[Sensitive Items Import Up By 7.8% In Apr-Mar [July 19,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1320/Sensitive_Items_Import_Up_By_78%_In_Apr-Mar.html]]></guid><description><![CDATA[India's import of sensitive items, including foodgrains and milk  products, has gone up by 7.8% to Rs 70,656 crore in 2010-11, from Rs  65,565 crore in the year-ago period.Foodgrains' import soared to  Rs 252.36 crore during the last fiscal from Rs 1.....]]></description><pubDate>July 19,2011</pubDate></item><item><title><![CDATA[Iron Ore Exports Seen Falling To 8-Year Low [July 19,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1321/Iron_Ore_Exports_Seen_Falling_To_8-Year_Low.html]]></guid><description><![CDATA[Iron ore exports from India are likely to fall by more than a quarter to  their lowest level in eight years because of higher costs and slow  efforts in a key state to resume shipments, a Reuters poll showed.Iron  ore sales from the world's third-lar.....]]></description><pubDate>July 19,2011</pubDate></item><item><title><![CDATA[Food Min Issues Sugar Export Order For 1.56 Lakh Tonne [July 19,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1322/Food_Min_Issues_Sugar_Export_Order_For_156_Lakh_Tonne.html]]></guid><description><![CDATA[The food ministry has approved export of over 1.56 lakh tonne of sugar  so far, out of 5 lakh tonne quantity that the government had allowed  last month.On June 28, the government had notified export of 5  lakh tonnes of sugar under Open General Lice.....]]></description><pubDate>July 19,2011</pubDate></item><item><title><![CDATA[INDIA: Textile Official Predicts Clothing Export Boom [July 19,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1323/INDIA_Textile_Official_Predicts_Clothing_Export_Boom.html]]></guid><description><![CDATA[Rita Menon, the top official in India's textiles ministry, predicts the  country's garment exports will rise to US$14bn for the year to March  2012, 26% higher than the previous year.Ministry secretary Menon  told clothing exporters at the India Inte.....]]></description><pubDate>July 19,2011</pubDate></item><item><title><![CDATA[Singapore Imports From India Up 48% In H1, 2011 [July 19,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1324/Singapore_Imports_From_India_Up_48%_In_H1_2011.html]]></guid><description><![CDATA[Singapore's imports from India increased by 48 per cent to 9.34 billion  Singapore dollars (SGD) in the first half of this year from SGD 6.3  billion a year ago, according to data released by state trading agency  International Enterprise today.The c.....]]></description><pubDate>July 19,2011</pubDate></item><item><title><![CDATA[India's Carpet Exporters Unable To Chieve Target Due To Shortage Of Weavers [July 19,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1325/India's_Carpet_Exporters_Unable_To_Chieve_Target_Due_To_Shortage_Of_Weavers.html]]></guid><description><![CDATA[The carpet exporters in India are not able to achieve the growth target  due to the strong weavers shortages in the country even though there is a  strong rise in demand in the international markets.The carpet  exporters in India are currently have b.....]]></description><pubDate>July 19,2011</pubDate></item><item><title><![CDATA[Multi-Retail FDI Making Headway, But With Riders [July 19,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1326/Multi-Retail_FDI_Making_Headway_But_With_Riders.html]]></guid><description><![CDATA[Secys&rsquo; panel meets this week, amid differences; BJP seniors may be invited.The  committee of secretaries (CoS) looking into the issue of allowing  foreign direct investment (FDI) in the multi-brand retail segment is  likely to meet this Friday .....]]></description><pubDate>July 19,2011</pubDate></item><item><title><![CDATA[Rupee Gains 3 Paise Against U.S. Dollar [July 19,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1327/Rupee_Gains_3_Paise_Against_US_Dollar.html]]></guid><description><![CDATA[The Indian rupee strengthened by 3 paise to Rs 44.54 per dollar in early  trade on the Interbank Foreign Exchange on Tuesday, supported by dollar  weakness against other Asian currencies.Forex dealers said  dollar weakness against other Asian currenc.....]]></description><pubDate>July 19,2011</pubDate></item><item><title><![CDATA[Ag Key To FTA With India [July 19,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1328/Ag_Key_To_FTA_With_India.html]]></guid><description><![CDATA[TALKS on a free-trade agreement between Australia and India will kick  off in New Delhi on July 28 amid warnings that India's reluctance to  expose its farm sector could thwart efforts to forge a comprehensive  deal.Australian officials are putting f.....]]></description><pubDate>July 19,2011</pubDate></item><item><title><![CDATA[Developers Of SEZs Press Exit Button [July 19,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1329/Developers_Of_SEZs_Press_Exit_Button.html]]></guid><description><![CDATA[Uncertainty over tax exemptions to new special economic zones (SEZ) has  prompted several developers to shelve their projects, including Oval  Developers&rsquo; proposed enclave in Bengal.&ldquo;The developer has  requested for the withdrawal of in-p.....]]></description><pubDate>July 19,2011</pubDate></item><item><title><![CDATA[Prices Of LED Lamps And Luminaires Halve Over Last 9 Months [July 19,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1330/Prices_Of_LED_Lamps_And_Luminaires_Halve_Over_Last_9_Months.html]]></guid><description><![CDATA[Prices of LED lamps and luminaires have almost halved in the past 6-9  months, thanks to a fall in global prices of their chips and local  output by Philips.Light-emitting diode (LED) lamps-which are  nearly three times more energy efficient and last.....]]></description><pubDate>July 19,2011</pubDate></item><item><title><![CDATA[More Clarity Needed On Anti-Dumping Notifications [July 18,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1314/More_Clarity_Needed_On_Anti-Dumping_Notifications.html]]></guid><description><![CDATA[The Central Board of Excise and Customs (CBEC) has clarified (through  Circular number 28/2011-Cus dated July 8, 2011) that definitive/final  anti-dumping duty can be collected beyond the stipulated period only  when a notification extending the levy.....]]></description><pubDate>July 18,2011</pubDate></item><item><title><![CDATA[India-EU Trade Deal To Benefit Textile, Garment Exporters [July 18,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1315/India-EU_Trade_Deal_To_Benefit_Textile_Garment_Exporters.html]]></guid><description><![CDATA[European Union negotiators arrive in Delhi today to continue the final leg of talks.The  much-awaited trade deal between India and the 27-nation European Union  (EU) is likely to benefit the exporters of textile and readymade  garments the most. The .....]]></description><pubDate>July 18,2011</pubDate></item><item><title><![CDATA[Rupee Down 3 Paise Against U.S. Dollar [July 18,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1316/Rupee_Down_3_Paise_Against_US_Dollar.html]]></guid><description><![CDATA[The Indian rupee lost 3 paise to Rs 44.54 per U.S. dollar in early trade  on the Interbank Foreign Exchange today, weighed down by dollar gains  against other Asian currencies overseas and a weak trend in the stock  market.Forex dealers said strength.....]]></description><pubDate>July 18,2011</pubDate></item><item><title><![CDATA[EU Seeks Huge Duty Cuts On Auto, Wines In Its FTA With India [July 18,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1317/EU_Seeks_Huge_Duty_Cuts_On_Auto_Wines_In_Its_FTA_With_India.html]]></guid><description><![CDATA[The European Union has sought substantial reduction or even elimination  of duties in export of its automobiles, wines and spirits to India as a  "must have" in the free trade agreement being negotiated between the two  sides.While India's negotiator.....]]></description><pubDate>July 18,2011</pubDate></item><item><title><![CDATA[India Permits 40,000 Tonnes Rubber Imports At Concessional Duty [July 18,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1318/India_Permits_40000_Tonnes_Rubber_Imports_At_Concessional_Duty.html]]></guid><description><![CDATA[The Indian government has permitted imports of 40,000 tonnes of natural  rubber at a concessional duty of 7.5 per cent for the current fiscal.  This is in line with the one allowed last fiscal, reports said.Since April 1 this year, the Customs duty o.....]]></description><pubDate>July 18,2011</pubDate></item><item><title><![CDATA[Tirupur Exporters Want Govt, Banks Help On Dyestuff Closure [July 18,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1319/Tirupur_Exporters_Want_Govt_Banks_Help_On_Dyestuff_Closure.html]]></guid><description><![CDATA[The knitwear hub of Tirupur estimates a loss of Rs 3,500 crore during  the current financial year due to the closing of dyeing units in the  town. The closure was ordered in January, on a high court order, for  polluting water sources.The garment ind.....]]></description><pubDate>July 18,2011</pubDate></item><item><title><![CDATA[DGFT Extends Deadline For Cotton Export Registration [July 16,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1308/DGFT_Extends_Deadline_For_Cotton_Export_Registration.html]]></guid><description><![CDATA[The Directorate General of Foreign Trade (DGFT) has extended the  deadline for mandatory documents and the scrutiny and issue of  registrations for cotton exports by a week.According to an earlier notification, the last date for the process was July .....]]></description><pubDate>July 16,2011</pubDate></item><item><title><![CDATA[Export Price Of Onions Hiked By $30 Per Tonne [July 16,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1309/Export_Price_Of_Onions_Hiked_By_$30_Per_Tonne.html]]></guid><description><![CDATA[The government on Friday raised the export price of onion, for the  second time within 40 days, by $30 per tonne to $230 a tonne to  discourage shipment of the kitchen staple outside the country.However,  the Minimum Export Price (MEP) of two superio.....]]></description><pubDate>July 16,2011</pubDate></item><item><title><![CDATA[Forex Reserves Down By $1 Billion [July 16,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1310/Forex_Reserves_Down_By_$1_Billion.html]]></guid><description><![CDATA[India's foreign exchange reserves fell by $1 billion to $314 billion for  the week ended July 8 account of revaluation in foreign currency  assets. According to the Reserve Bank of India, currency assets were  down by $1 billion to $282 billion, whil.....]]></description><pubDate>July 16,2011</pubDate></item><item><title><![CDATA[Karnataka Iron Ore Exports Delayed [July 16,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1311/Karnataka_Iron_Ore_Exports_Delayed.html]]></guid><description><![CDATA[State government is putting in place RFID tags, smart cards to regulate movement of ore traffic.Exports  of iron ore from Karnataka are likely to be delayed by over three  months, as the state government is yet to put in place the  infrastructure to .....]]></description><pubDate>July 16,2011</pubDate></item><item><title><![CDATA[Govt Ups Excise Duty On Liquors, Cigarettes, Fruit Juices [July 16,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1312/Govt_Ups_Excise_Duty_On_Liquors_Cigarettes_Fruit_Juices.html]]></guid><description><![CDATA[Despite the government decision to raise excise duty on liquor and  cigarette among others, traders say it will not make any difference in  sales as the consumption has been growing every year despite hike in  prices.The fresh hike in excise duty wil.....]]></description><pubDate>July 16,2011</pubDate></item><item><title><![CDATA[Services Exports Up 3.2% In May, Imports Rise 2.8% [July 16,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1313/Services_Exports_Up_32%_In_May_Imports_Rise_28%.html]]></guid><description><![CDATA[India's services exports stood at $ 11.83 bn in May, 2011, up almost 3.2 per cent in comparison to April.The country's total receipts from services exported stood at $ 11.46 bn in April, 2011, the Reserve Bank said in a statement.Imports of services .....]]></description><pubDate>July 16,2011</pubDate></item><item><title><![CDATA[Government May Not Allow More Cotton Exports [July 15,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1302/Government_May_Not_Allow_More_Cotton_Exports.html]]></guid><description><![CDATA[The government may not allow more exports of cotton in the current  season as stocks are reported to be much lower than earlier reported."We  need to look into what is the exportable surplus. We are regularly  monitoring the situation and a considere.....]]></description><pubDate>July 15,2011</pubDate></item><item><title><![CDATA[Tax Sops Withdrawal From SEZs To Impact Exports: Assocham [July 15,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1303/Tax_Sops_Withdrawal_From_SEZs_To_Impact_Exports_Assocham.html]]></guid><description><![CDATA[Withdrawal of tax benefits from special economic zones (SEZs) would  adversely impact India's exports and economic sentiments, Assocham on  Thursday said."Developers have invested huge money in SEZs. If  tax benefits are not given, there will be adve.....]]></description><pubDate>July 15,2011</pubDate></item><item><title><![CDATA[Gems And Jewellery Exports May Jump About 16% In 2011-12 [July 15,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1304/Gems_And_Jewellery_Exports_May_Jump_About_16%_In_2011-12.html]]></guid><description><![CDATA[India's gems and jewellery exports are likely to touch the USD 50  billion mark in the 2011-12 fiscal, up about 16% year-on-year, due to  rising demand from traditional as well as new markets."We expect  about 16% exports growth in 2011-12 as there i.....]]></description><pubDate>July 15,2011</pubDate></item><item><title><![CDATA[India-US Aviation Safety Pact To Open Up Exports [July 15,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1305/India-US_Aviation_Safety_Pact_To_Open_Up_Exports.html]]></guid><description><![CDATA[A landmark bilateral aviation safety agreement has been approved by the  Cabinet to be signed with the US, during the visit of Hilary Clinton, US  Secretary of State, during her visit on July 18.The proposed  agreement will open up a huge market for .....]]></description><pubDate>July 15,2011</pubDate></item><item><title><![CDATA[FDI In Multi-Brand Retail: Secretaries To Meet On July 22 [July 15,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1306/FDI_In_Multi-Brand_Retail_Secretaries_To_Meet_On_July_22.html]]></guid><description><![CDATA[Secretaries will meet on July 22 to finalise a blue print on allowing  foreign investment in the multi-brand retail sector for political  clearance.The Committee of Secretaries (CoS) headed by Cabinet  Secretary Ajit Kumar Seth would try to resolve i.....]]></description><pubDate>July 15,2011</pubDate></item><item><title><![CDATA[Rupee Up 1 Paise Against U.S. Dollar In Early Trade [July 15,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1307/Rupee_Up_1_Paise_Against_US_Dollar_In_Early_Trade.html]]></guid><description><![CDATA[The Indian rupee rose marginally by 1 paise to Rs. 44.48 per U.S. dollar  in opening trade on the Interbank Foreign Exchange on Friday, supported  by a higher opening in the stock market.The rupee had  appreciated by 3 paise to close at Rs.44.49/50 a.....]]></description><pubDate>July 15,2011</pubDate></item><item><title><![CDATA[Textile Ministry Hopeful Of 10% Excise Duty Removal [July 14,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1296/Textile_Ministry_Hopeful_Of_10%_Excise_Duty_Removal.html]]></guid><description><![CDATA[The textile ministry is hopeful that the finance ministry would remove  the 10% excise duty on garments in the next Budget, a senior official  said.Textile secretary Rita Menon told FE: &ldquo;I am soon going to  write a letter to the finance ministr.....]]></description><pubDate>July 14,2011</pubDate></item><item><title><![CDATA[Bangladesh Wants To Import Rice From India [July 14,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1297/Bangladesh_Wants_To_Import_Rice_From_India.html]]></guid><description><![CDATA[Bangladesh is working out the modalities to import rice from India after  New Delhi lifted a ban on rice export, officials said here.The ban was imposed in April 2008 during the global economic meltdown.Now  India has decided to allow export of up to.....]]></description><pubDate>July 14,2011</pubDate></item><item><title><![CDATA[South Indian Tea Exports Down 14 pc In May 2011 [July 14,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1298/South_Indian_Tea_Exports_Down_14_pc_In_May_2011.html]]></guid><description><![CDATA[Tea exports from South India fell by almost 14 per cent to 6.43 million  kg in May, 2011, as it is facing competition from East African  tea-producing countries like Kenya, according to industry analysts.Tea exports from South India in May, 2010, sto.....]]></description><pubDate>July 14,2011</pubDate></item><item><title><![CDATA[Govt To Take Call On More Sugar Exports By Sept-End [July 14,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1299/Govt_To_Take_Call_On_More_Sugar_Exports_By_Sept-End.html]]></guid><description><![CDATA[The government would take a final call on allowing more sugar exports  only by the end of September, after assessing the demand and supply  scenario, food minister K V Thomas said. He said the position on actual  demand would become clear by Septembe.....]]></description><pubDate>July 14,2011</pubDate></item><item><title><![CDATA[Retail FDI Norms Next Week [July 14,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1300/Retail_FDI_Norms_Next_Week.html]]></guid><description><![CDATA[India may soon open the doors of multi-brand retail to global chains  such as Walmart and Carrefour. A Committee of Secretaries is slated to  meet next week to finalise the amount of FDI in the sector and set  conditions to protect local grocers.The .....]]></description><pubDate>July 14,2011</pubDate></item><item><title><![CDATA[Rupee Gains 6 Paise Against US Dollar In Early Trade [July 14,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1301/Rupee_Gains_6_Paise_Against_US_Dollar_In_Early_Trade.html]]></guid><description><![CDATA[The Indian rupee appreciated by 6 paise to Rs 44.46 per dollar in early  trade on the Interbank Foreign Exchange today amid dollar weakness  against other currencies overseas.The rupee had gained 18 paise to close at 44.52/53 against the US currency .....]]></description><pubDate>July 14,2011</pubDate></item><item><title><![CDATA[India Imposes Anti-Dumping Duty On Chinese Chemical [July 13,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1290/India_Imposes_Anti-Dumping_Duty_On_Chinese_Chemical.html]]></guid><description><![CDATA[India has imposed anti-dumping duty of up to $0.556 per kg on imports of  a chemical used in industrial cleaning processes and ceramics  manufacture to protect domestic players from cheap Chinese shipments.The  restrictive duty on the import of 'Sodi.....]]></description><pubDate>July 13,2011</pubDate></item><item><title><![CDATA[Indian Apparel Exports Rise By 30% In First Quarter: AEPC [July 13,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1291/Indian_Apparel_Exports_Rise_By_30%_In_First_Quarter_AEPC.html]]></guid><description><![CDATA[Having pegged apparel exports worth $ 11 billion (Rs 49,170 crore  approx.), the Apparel Export Promotion Council (AEPC) has now set a  target of $ 14 billion (Rs 62,580 crore approx.) for the current year.For this, the apparel exports body is bankin.....]]></description><pubDate>July 13,2011</pubDate></item><item><title><![CDATA[India Appeals To US Senators For Revival Of Duty-Free Imports [July 13,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1292/India_Appeals_To_US_Senators_For_Revival_Of_Duty-Free_Imports.html]]></guid><description><![CDATA[India is lobbying the US to restore duty -free imports from developing  countries, including India, that were suspended earlier this year,  stressing that it helped the labour-intensive small and medium  enterprises. The scheme allowing duty-free imp.....]]></description><pubDate>July 13,2011</pubDate></item><item><title><![CDATA[Govt Likely To Roll Back Duty On Branded Garments [July 13,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1293/Govt_Likely_To_Roll_Back_Duty_On_Branded_Garments.html]]></guid><description><![CDATA[In what would come as major relief to garment manufacturers, Centre may  withdraw the mandatory 10 per cent excise duty on branded ready-made  garments. The duty was imposed in the budget for this financial year on  branded apparel sector that is peg.....]]></description><pubDate>July 13,2011</pubDate></item><item><title><![CDATA[India�s Outward FDI Halves To $5.47 Billion In June [July 13,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1294/India�s_Outward_FDI_Halves_To_$547_Billion_In_June.html]]></guid><description><![CDATA[Overseas investments by Indian companies halved to $5.47 billion in  June, while Mundra Port and Bharti Airtel emerged as the top players in  committing investments abroad.Outward flows totalled $12.27 billion in June 2010.In  the first three months .....]]></description><pubDate>July 13,2011</pubDate></item><item><title><![CDATA[Rupee Gains 11 Paise Against $ In Early Trade [July 13,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1295/Rupee_Gains_11_Paise_Against_$_In_Early_Trade.html]]></guid><description><![CDATA[The Indian rupee appreciated by 11 paise to Rs. 44.59 per US dollar in  early trade on the Interbank Foreign Exchange on Wednesday, supported by  weakness of the American currency against other Asian rivals overseas  and a higher opening in the stock.....]]></description><pubDate>July 13,2011</pubDate></item><item><title><![CDATA[Engineering Exports Likely To Grow By 27 Pc In FY'12 [July 12,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1284/Engineering_Exports_Likely_To_Grow_By_27_Pc_In_FY'12.html]]></guid><description><![CDATA[India's engineering exports are likely to touch $ 76 billion in the  current fiscal, an increase of about 27 per cent year-on-year, mainly  due to increasing demand from new markets in Latin America."We  are getting good demands from new markets like.....]]></description><pubDate>July 12,2011</pubDate></item><item><title><![CDATA[Handicrafts Exports Grow 18pc In First Quarter [July 12,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1285/Handicrafts_Exports_Grow_18pc_In_First_Quarter.html]]></guid><description><![CDATA[India&rsquo;s handicraft exports have grown to US$ 555 million during the  initial three months of the current fiscal year, showing a rise of 18  percent over US$ 469.80 million registered during corresponding period  of last fiscal. However, the ind.....]]></description><pubDate>July 12,2011</pubDate></item><item><title><![CDATA[Rupee Depreciates By 16 Paise Against Dollar In Early Trade [July 12,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1286/Rupee_Depreciates_By_16_Paise_Against_Dollar_In_Early_Trade.html]]></guid><description><![CDATA[The Indian rupee fell by 16 paise to Rs 44.63 per US dollar in early  trade on the Interbank Foreign Exchange today amid dollar gains against  the euro and other currencies overseas and a weak trend in the equity  market.Forex dealers said dollar str.....]]></description><pubDate>July 12,2011</pubDate></item><item><title><![CDATA[Montek Bats For 100% FDI In Pharma [July 12,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1287/Montek_Bats_For_100%_FDI_In_Pharma.html]]></guid><description><![CDATA[Planning Commission deputy chairman Montek Singh Ahluwalia on Monday  endorsed allowing 100% foreign direct investment (FDI) in the  pharmaceutical sector. "I endorse the view that there should be no case  for rollback from 100% FDI," Ahluwalia said .....]]></description><pubDate>July 12,2011</pubDate></item><item><title><![CDATA[EPCH Wants Govt To Take Up Duty Sops Issue With US [July 12,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1288/EPCH_Wants_Govt_To_Take_Up_Duty_Sops_Issue_With_US.html]]></guid><description><![CDATA[Exporters have approached the Commerce Ministry urging it to take up  with the US the renewal of a preferential import duty arrangement for  Indian handicrafts.Indian handicraft exports to the US used to  get duty advantage of the generalised system .....]]></description><pubDate>July 12,2011</pubDate></item><item><title><![CDATA[India-EU Trade Talks To Conclude This Year [July 12,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1289/India-EU_Trade_Talks_To_Conclude_This_Year.html]]></guid><description><![CDATA[Union Commerce and Industry Minister Anand Sharma on Monday said  negotiations on the India-EU broad-based Trade and Investment Agreement  (BTIA) had been intensified and were in the final stages with the aim to  conclude them in 2011.&ldquo;The Indi.....]]></description><pubDate>July 12,2011</pubDate></item><item><title><![CDATA[Exporters Need To Tread With Caution [July 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1278/Exporters_Need_To_Tread_With_Caution.html]]></guid><description><![CDATA[The Central Board of Excise and Customs (CBEC) has issued a circular  (no. 26/2011-Cus dated 1st July 2011)&nbsp; asking the field officers to take  due care and ensure that all consignments that have been examined/found  fit for export on 30th Septe.....]]></description><pubDate>July 11,2011</pubDate></item><item><title><![CDATA[Rupee Down By 7 Paise Against US Dollar [July 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1279/Rupee_Down_By_7_Paise_Against_US_Dollar.html]]></guid><description><![CDATA[The Indian rupee, which touched a 10-week high in the previous session,  fell by 7 paise to Rs 44.39 against the US dollar in early trade on the  Interbank Foreign Exchange today, pressured by weakness of the euro and  other currencies against the Am.....]]></description><pubDate>July 11,2011</pubDate></item><item><title><![CDATA[Trade Between India, Japan Set To Rise: Envoy [July 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1280/Trade_Between_India_Japan_Set_To_Rise_Envoy.html]]></guid><description><![CDATA[The comprehensive economic partnership agreement (CEPA) between India  and Japan will significantly increase bilateral trade and investment,  the Japanese ambassador to India has said."The economic  partnership agreement comes into force on August 1......]]></description><pubDate>July 11,2011</pubDate></item><item><title><![CDATA[Iron Ore Exports May Fall Over 20pc To 75MT In FY'12: FIMI [July 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1281/Iron_Ore_Exports_May_Fall_Over_20pc_To_75MT_In_FY'12_FIMI.html]]></guid><description><![CDATA[Iron ore exports may fall by over 20 per cent to around 75 million  tonnes (MT) in the current fiscal as a result of hike in duty on  overseas shipments, miners body Federation of Indian Mineral Industries  said."In 2010-11, exports of iron ore from .....]]></description><pubDate>July 11,2011</pubDate></item><item><title><![CDATA[Some States May Block Retail FDI [July 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1282/Some_States_May_Block_Retail_FDI.html]]></guid><description><![CDATA[The move to open multi-brand retail to foreign direct investment (FDI)  may run into rough weather, with key Bharatiya Janata Party (BJP)-ruled  states, as well as some constituent parties of the ruling United  Progressive Alliance (UPA), rejecting o.....]]></description><pubDate>July 11,2011</pubDate></item><item><title><![CDATA[India's Exports May Not Sustain High Growth: Ficci [July 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1283/India's_Exports_May_Not_Sustain_High_Growth_Ficci.html]]></guid><description><![CDATA[India's exports may not sustain high growth because high inflation and  increasing interest rates would dent the competitive edge of the  country's shipments in the global market, a Ficci survey on Sunday said.The  chamber released the findings of th.....]]></description><pubDate>July 11,2011</pubDate></item><item><title><![CDATA[Steel Ministry Bans Import Of Low-Grade Transformer Components [July 09,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1272/Steel_Ministry_Bans_Import_Of_Low-Grade_Transformer_Components.html]]></guid><description><![CDATA[The government has banned import of low-grade version of a critical  transformer component, a development that promises to vastly reduce  power breakdowns. The steel ministry , in its quality control order on  June 24, mandated Bureau of Indian Stand.....]]></description><pubDate>July 09,2011</pubDate></item><item><title><![CDATA[Exports Surge To $29.2 b In June [July 09,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1273/Exports_Surge_To_$292_b_In_June.html]]></guid><description><![CDATA[Exports recorded an impressive 46.4 per cent rise at $29.2 billion in  June and grew by a hefty 45.7 per cent in the first quarter of the  current fiscal, notwithstanding uncertainty in the European markets and  slow recovery in the U.S.During April-.....]]></description><pubDate>July 09,2011</pubDate></item><item><title><![CDATA[Aluminium Prices May Go Up 10% To $2,800 In Medium Term [July 09,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1274/Aluminium_Prices_May_Go_Up_10%_To_$2800_In_Medium_Term.html]]></guid><description><![CDATA[Tracking crude oil, which is set to increase on the back of rising  demand from emerging economies and supply concerns, global aluminium  prices are expected to rise in the near to medium term.According  to industry experts and analysts, aluminium ma.....]]></description><pubDate>July 09,2011</pubDate></item><item><title><![CDATA[INDIA: Issues Shipment Permits For Extra Cotton Exports [July 09,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1275/INDIA_Issues_Shipment_Permits_For_Extra_Cotton_Exports.html]]></guid><description><![CDATA[Of the additional 1m bales (170,000 tonnes) of raw cotton made available  for export during the current season, 93% has already been allocated,  the Indian government revealed this week.&nbsp;The country, which is  the world's second-biggest producer.....]]></description><pubDate>July 09,2011</pubDate></item><item><title><![CDATA[India's Forex Reserves Up By $6.70 Billion [July 09,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1276/India's_Forex_Reserves_Up_By_$670_Billion.html]]></guid><description><![CDATA[The country's forex reserves jumped by $6.70 billion to $315.72 billion  on the back of sharp increase in the foreign currency assets, the  Reserve Bank of India [ Get Quote ] said on Friday.Foreign  currency assets, the biggest component of the fore.....]]></description><pubDate>July 09,2011</pubDate></item><item><title><![CDATA[Indian PM�s Visit Raises Hope Of Duty-Free Waiver On RMG Exports [July 09,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1277/Indian_PM�s_Visit_Raises_Hope_Of_Duty-Free_Waiver_On_RMG_Exports.html]]></guid><description><![CDATA[During a meeting with the visiting Indian External Affairs Minister SM  Krishna on July 7, Bangladesh&rsquo;s Commerce Minister Faruk Khan discussed  the issue of duty-free access for RMG items to Indian markets and hoped  that India would grant the .....]]></description><pubDate>July 09,2011</pubDate></item><item><title><![CDATA[DGFT Shortlists 227 Applicants For Cotton Exports [July 08,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1266/DGFT_Shortlists_227_Applicants_For_Cotton_Exports.html]]></guid><description><![CDATA[The allocation of export quota to 227 applicants for an additional one  million bales (170,000 million tonnes) of cotton was announced late last  evening by the Director General of Foreign Trade (DGFT).Of the  581 applications received, 227 were shor.....]]></description><pubDate>July 08,2011</pubDate></item><item><title><![CDATA[Domestic Generic Exports Get A Boost With Bar-Coding [July 08,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1267/Domestic_Generic_Exports_Get_A_Boost_With_Bar-Coding.html]]></guid><description><![CDATA[Domestic generic exports are expected to get a further boost once  bar-coding is implemented in phases over the next year, as a result of  which drug consignments would be better tracked and monitored. With  consignments carrying a unique identificat.....]]></description><pubDate>July 08,2011</pubDate></item><item><title><![CDATA[Cotton Exporters Bullish On High Global Prices, Feels Cotton Association Of India [July 08,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1268/Cotton_Exporters_Bullish_On_High_Global_Prices_Feels_Cotton_Association_Of_India.html]]></guid><description><![CDATA[Even as international demand for cotton weakens, exporters who have been  given export allocation for over 1,58,461 tonne are bullish about the  market. This is owing to domestic cotton prices, which are at Rs 37,000  per candy, lower by over 10% com.....]]></description><pubDate>July 08,2011</pubDate></item><item><title><![CDATA[Rupee Appreciates By 10 Paise Against US Dollar In Early Trade [July 08,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1269/Rupee_Appreciates_By_10_Paise_Against_US_Dollar_In_Early_Trade.html]]></guid><description><![CDATA[Rupee strengthened by 10 paise to Rs 44.33 against the US dollar in  early trade on the Interbank Foreign Exchange today, boosted by gains  posted by other Asian currencies against the American currency overseas  and a firming trend in the stock mark.....]]></description><pubDate>July 08,2011</pubDate></item><item><title><![CDATA[Centre Allows 2-Year Import Of Paddy And Wheat Seeds [July 08,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1270/Centre_Allows_2-Year_Import_Of_Paddy_And_Wheat_Seeds.html]]></guid><description><![CDATA[The ministry of agriculture has allowed import of wheat and paddy seeds  by both government agencies and private companies for the next two  years. This is the first time the import of both has been permitted  since the New Policy on Seed Development.....]]></description><pubDate>July 08,2011</pubDate></item><item><title><![CDATA[Oilmeal Exports Jump 58% In June On Rising Global Demand [July 08,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1271/Oilmeal_Exports_Jump_58%_In_June_On_Rising_Global_Demand.html]]></guid><description><![CDATA[Oilmeal exports rose 58 per cent in June, due to increased availability from domestic crushers and higher overseas demand.Exports  during June were 250,335 tonnes as compared to 158,750 tonnes in the  corresponding month last year. The export of oilm.....]]></description><pubDate>July 08,2011</pubDate></item><item><title><![CDATA[Zero Import Duty On Sugar To Stay For Another 2 Months [July 07,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1260/Zero_Import_Duty_On_Sugar_To_Stay_For_Another_2_Months.html]]></guid><description><![CDATA[The import duty on sugar will continue to remain nil till August 31, till the new crushing season starts in October.Officials  said a final decision will be taken by the finance ministry. It may  decide to align the duty structure according to the re.....]]></description><pubDate>July 07,2011</pubDate></item><item><title><![CDATA[Rupee Wipes Out Early Gains, Ends 5 Paise Down Against Dollar [July 07,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1261/Rupee_Wipes_Out_Early_Gains_Ends_5_Paise_Down_Against_Dollar.html]]></guid><description><![CDATA[After hitting a two month high against the US currency in early trade,  the rupee on Wednesday ended at 44.48/49 down by five paise from its  last close, following weakness in local equities amid a firm dollar  overseas.At the Interbank Foreign Excha.....]]></description><pubDate>July 07,2011</pubDate></item><item><title><![CDATA[Handicrafts Exports Rise 18 % In First Quarter [July 07,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1262/Handicrafts_Exports_Rise_18_%_In_First_Quarter.html]]></guid><description><![CDATA[Continuing with its upward trend, India's handicraft exports recorded a  18 per cent growth year-on-year at $555 million during the first quarter  of the current financial year due to exploration of new markets and  increased demand in the traditiona.....]]></description><pubDate>July 07,2011</pubDate></item><item><title><![CDATA[MIDC Seeks Exit From 24 Of Its 30 SEZ Proposals [July 07,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1263/MIDC_Seeks_Exit_From_24_Of_Its_30_SEZ_Proposals.html]]></guid><description><![CDATA[The Maharashtra Industrial Development Corporation, MIDC, the state's  nodal agency creating infrastructure for industry, had applied for  permission to set up 30 SEZs, when the policy was first announced. Over  four years later, with changes in the .....]]></description><pubDate>July 07,2011</pubDate></item><item><title><![CDATA[Allow FDI In Multibrand Retail To Curb Price Rise: Panel [July 07,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1264/Allow_FDI_In_Multibrand_Retail_To_Curb_Price_Rise_Panel.html]]></guid><description><![CDATA[A prime minister-appointed panel on inflation has pitched for opening  FDI in multibrand retail in a 'properly regulated fashion', cautioning  that the global corporations can also become monopolistic and hike  prices.The inter-ministerial group head.....]]></description><pubDate>July 07,2011</pubDate></item><item><title><![CDATA[India Bans Import Of Rough Diamond From Zimbabwe [July 07,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1265/India_Bans_Import_Of_Rough_Diamond_From_Zimbabwe.html]]></guid><description><![CDATA[India has imposed a ban on the import of rough diamonds from Zimbabwe,  in wake of reported acts of human rights violations in the African  country.Owing to the reports of rampant human rights  violations of the diamond mine workers for the past seve.....]]></description><pubDate>July 07,2011</pubDate></item><item><title><![CDATA[DGFT To Start Cotton Export Allocation Today [July 06,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1254/DGFT_To_Start_Cotton_Export_Allocation_Today.html]]></guid><description><![CDATA[The Director General of Foreign Trade (DGFT) may go ahead with the  cotton export quota allocation from the proposed date of July 6.The  issue assumes significance since eight or nine exporters all over India  have been seeking a stay in the matter, .....]]></description><pubDate>July 06,2011</pubDate></item><item><title><![CDATA[Govt To Come Out With Negative List Of Service Tax Soon [July 06,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1255/Govt_To_Come_Out_With_Negative_List_Of_Service_Tax_Soon.html]]></guid><description><![CDATA[The government will come out with a draft 'negative list' for service  tax in two weeks, meaning services which are not mentioned in it would  be taxed under the proposed GST regime."The draft paper (on  negative list of services) is nearly ready and.....]]></description><pubDate>July 06,2011</pubDate></item><item><title><![CDATA[DGFT To Hold Talks With Pharmexcil To Review Export Performance Of Pharma Sector [July 06,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1256/DGFT_To_Hold_Talks_With_Pharmexcil_To_Review_Export_Performance_Of_Pharma_Sector.html]]></guid><description><![CDATA[As part of the annual exercise of holding consultations with the  different export promotion councils, the Director General of Foreign  Trade (DGFT) under the Ministry of Commerce will hold a sectoral review  meeting with the Pharmaceutical Export Pr.....]]></description><pubDate>July 06,2011</pubDate></item><item><title><![CDATA[Centre Seeks Views Of States On FDI [July 06,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1257/Centre_Seeks_Views_Of_States_On_FDI.html]]></guid><description><![CDATA[The Centre has asked state governments for their views on foreign direct  investment (FDI) in multi-brand retail, before finalising a policy on  the contentious issue.The draft note prepared by the Department  of Industrial Policy &amp; Promotion (DI.....]]></description><pubDate>July 06,2011</pubDate></item><item><title><![CDATA[Rupee Gains 7 Paise Against U.S. Dollar In Early Trade [July 06,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1258/Rupee_Gains_7_Paise_Against_US_Dollar_In_Early_Trade.html]]></guid><description><![CDATA[The Indian rupee strengthened by 7 paise to Rs. 44.36 per dollar in  early trade on the Interbank Foreign Exchange on Wednesday, supported by  dollar weakness against other Asian currencies.The rupee ended  flat at Rs. 44.43/44 against the U.S. dolla.....]]></description><pubDate>July 06,2011</pubDate></item><item><title><![CDATA[CEAT Ups Tyre Price, See Better Margins As Rubber Drops [July 06,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1259/CEAT_Ups_Tyre_Price_See_Better_Margins_As_Rubber_Drops.html]]></guid><description><![CDATA[India's fourth largest tyre maker, last week raised prices of tyres 2%  to 2.5% across categories, and expects margins to improve from September  quarter due to a fall in prices of rubber, its key raw material, a  senior official said."Rubber prices .....]]></description><pubDate>July 06,2011</pubDate></item><item><title><![CDATA[Govt To Push Service Tax Mop-Up [July 05,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1248/Govt_To_Push_Service_Tax_Mop-Up.html]]></guid><description><![CDATA[The finance ministry has asked the Central Board of Excise and Customs  (CBEC) to make up for the revenue loss on account of oil duties rejig  through additional mop up from the service sector, which constitutes 60%  of the gross domestic product and.....]]></description><pubDate>July 05,2011</pubDate></item><item><title><![CDATA[India Grain Prices Favour Exports [July 05,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1249/India_Grain_Prices_Favour_Exports.html]]></guid><description><![CDATA[Indian wheat and rice are competitively priced to enter the global  market if government lifts the ban on exports, say traders. However,  with rising cost of transportation, final export sales would depend on  the ports through which the cargoes woul.....]]></description><pubDate>July 05,2011</pubDate></item><item><title><![CDATA[May FDI Of $ 4.66 Billion Second Highest In 11 years [July 05,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1250/May_FDI_Of_$_466_Billion_Second_Highest_In_11_years.html]]></guid><description><![CDATA[Foreign direct investment (FDI) into the country more than doubled in  May from year ago, touching $4.66 billion against $2.21 billion in May  last year.This is the second highest monthly FDI inflow since  2000. The rebound follows a dismal 2010-11 f.....]]></description><pubDate>July 05,2011</pubDate></item><item><title><![CDATA[Seafood Exports Drop 4.5 Percent In May [July 05,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1251/Seafood_Exports_Drop_45_Percent_In_May.html]]></guid><description><![CDATA[Marine exports declined by 4.5 percent year-on-year in May to USD 146  million, on account of less demand from its main markets like Europe and  Japan.The exports stood at USD 153 million in May last fiscal,  according to the figures released by the .....]]></description><pubDate>July 05,2011</pubDate></item><item><title><![CDATA[Coffee Exports Soar 45% In Q1 On Europe Demand [July 05,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1252/Coffee_Exports_Soar_45%_In_Q1_On_Europe_Demand.html]]></guid><description><![CDATA[India . coffee companies are on steroids as exports jump 45% in volume  in the first quarter of the current year and double in value as  international prices touched a 14-year high in May. However, the  forthcoming quarters may see lower prices as ha.....]]></description><pubDate>July 05,2011</pubDate></item><item><title><![CDATA[Apparel Exporters Face Additional Rs 7K Cr Cost [July 05,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1253/Apparel_Exporters_Face_Additional_Rs_7K_Cr_Cost.html]]></guid><description><![CDATA[In the wake of rising interest rates across industries, textile  exporters have also taken a hit. With both pre-shipping and  post-shipping rates at an all time high for textile exporters, the  industry is bearing additional costs worth over Rs 7000 .....]]></description><pubDate>July 05,2011</pubDate></item><item><title><![CDATA[Pharmexcil Asks IPC To Delete Artemisinin From Indian Pharmacopoeia [July 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1241/Pharmexcil_Asks_IPC_To_Delete_Artemisinin_From_Indian_Pharmacopoeia.html]]></guid><description><![CDATA[The Pharmaceuticals Export Promotion Council (Pharmexcil) has asked the  Indian Pharmacopoeia Commission (IPC) to delete Artemisinin from Indian  pharmacopoeia as none of the Indian companies which are marketing  Artemisinin derivative drugs are form.....]]></description><pubDate>July 04,2011</pubDate></item><item><title><![CDATA[Textiles Ministry Restarts Scheme To Boost Jute Goods Exports [July 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1242/Textiles_Ministry_Restarts_Scheme_To_Boost_Jute_Goods_Exports.html]]></guid><description><![CDATA[In a bid to promote jute goods exports the Union textiles ministry has  reintroduced the External Market Assistance (EMA) scheme after a gap of  four years. The scheme was scrapped from April 2007 as it failed to  yield the desired results for jute g.....]]></description><pubDate>July 04,2011</pubDate></item><item><title><![CDATA[No Export Cap On Cotton And Yarn Waste [July 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1243/No_Export_Cap_On_Cotton_And_Yarn_Waste.html]]></guid><description><![CDATA[The government has exempted cotton and yarn waste from the additional  cap of 10 lakh bales imposed on exports of the natural fibre for 2010-11  season.&nbsp;&nbsp;&nbsp; &nbsp;"...this cap shall not apply to export of cotton  waste, including yarn w.....]]></description><pubDate>July 04,2011</pubDate></item><item><title><![CDATA[Goa To Be Notified As Port For Import & Export Of Drugs Soon [July 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1244/Goa_To_Be_Notified_As_Port_For_Import_&_Export_Of_Drugs_Soon.html]]></guid><description><![CDATA[The Drug Controller General of India (DCGI) recently approved Goa as a  recognised port for import and export of drugs under Rule 43 A of the  Drugs and Cosmetics (D&amp;C) Rules, 1945. According to sources closely  associated with the Drugs Technica.....]]></description><pubDate>July 04,2011</pubDate></item><item><title><![CDATA[Handicrafts Exports Up 19 Pc In May [July 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1245/Handicrafts_Exports_Up_19_Pc_In_May.html]]></guid><description><![CDATA[Handicrafts exports jumped 19 per cent to 183 million Dollars in May,  according to official data. It is mainly due to the growing demand from  the US and European markets. In May last fiscal, the exports  stood at 154 million US dollar. The US and E.....]]></description><pubDate>July 04,2011</pubDate></item><item><title><![CDATA[Rupee Gains 10 Paise Against U.S. Dollar In Early Trade [July 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1246/Rupee_Gains_10_Paise_Against_US_Dollar_In_Early_Trade.html]]></guid><description><![CDATA[The Indian rupee rose for the fourth straight day today by adding 10  paise to Rs 44.47 per dollar in opening trade on the Interbank Foreign  Exchange, supported by dollar weakness against the euro and other Asian  currencies and a higher opening in .....]]></description><pubDate>July 04,2011</pubDate></item><item><title><![CDATA[Exports Surge 57% In May, Imports Increase 54.08% [July 02,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1235/Exports_Surge_57%_In_May_Imports_Increase_5408%.html]]></guid><description><![CDATA[In what could further ease pressure on the current account deficit, the  country&rsquo;s merchandise exports grew at 57% in May this year, a rate which  many analysts called &ldquo;unprecedented&rdquo;. A sharp jump in exports of  engineering and ele.....]]></description><pubDate>July 02,2011</pubDate></item><item><title><![CDATA[Record Coffee Exports Hit Domestic Stocks [July 02,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1236/Record_Coffee_Exports_Hit_Domestic_Stocks.html]]></guid><description><![CDATA[Soaring coffee prices in the international market may have pushed up  exports significantly in the past one year in coffee producing countries  including India, but the record exports have hit their domestic stocks  considerably.&ldquo;The coffee sto.....]]></description><pubDate>July 02,2011</pubDate></item><item><title><![CDATA[India's Forex Reserves Drop By $1.54 Billion [July 02,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1237/India's_Forex_Reserves_Drop_By_$154_Billion.html]]></guid><description><![CDATA[India's foreign exchange (forex) reserves slumped by $1.54 billion to  $309.02 billion for the week ended June 24 from $310.56 billion in the  previous week on a decline in the value of foreign currency assets, RBI  data showed Friday.The forex reser.....]]></description><pubDate>July 02,2011</pubDate></item><item><title><![CDATA[India 10/11 Cotton Exports Seen At 5.1 mln Bales - Attache [July 02,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1238/India_10/11_Cotton_Exports_Seen_At_51_mln_Bales_-_Attache.html]]></guid><description><![CDATA[Following are selected highlights from a report issued by a U.S. Department of  Agriculture attache in India:  "On June 9, the Government of India Ministry of Commerce and Industry announced  an additional export quota of 0.8 million bales (1.0 milli.....]]></description><pubDate>July 02,2011</pubDate></item><item><title><![CDATA[Apparel Exporters Face Additional Rs 7K cr Cost [July 02,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1239/Apparel_Exporters_Face_Additional_Rs_7K_cr_Cost.html]]></guid><description><![CDATA[In the wake of rising interest rates across industries, textile  exporters have also taken a hit. With both pre-shipping and  post-shipping rates at an all time high for textile exporters, the  industry is bearing additional costs worth over Rs 7000 .....]]></description><pubDate>July 02,2011</pubDate></item><item><title><![CDATA[India Offers 200,000T Of Rice To BD At $547/T [July 02,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1240/India_Offers_200000T_Of_Rice_To_BD_At_$547/T.html]]></guid><description><![CDATA[India, the world's second largest producer of rice and wheat, has  offered to export 200,000 tonnes of parboiled rice to Bangladesh at $547  a tonne, including cost, freight and liner out, a senior food official  said on Friday."We received the offer.....]]></description><pubDate>July 02,2011</pubDate></item><item><title><![CDATA[RBI Eases Norms On Share Issue Against Capital Goods Import [July 01,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1229/RBI_Eases_Norms_On_Share_Issue_Against_Capital_Goods_Import.html]]></guid><description><![CDATA[The Reserve Bank of India (RBI) on Thursday said equity and preference  shares could be issued to overseas parties, in cases dealt by the  Foreign Investment Promotion Board (FIPB), for money payable for  importing capital goods and pre-operative exp.....]]></description><pubDate>July 01,2011</pubDate></item><item><title><![CDATA[Allow Up To 49% FDI In Multi-Brand Retail: Consumer Affairs Minister [July 01,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1230/Allow_Up_To_49%_FDI_In_Multi-Brand_Retail_Consumer_Affairs_Minister.html]]></guid><description><![CDATA[Amid a debate within the government on allowing foreign direct  investment in multi- brand retail , the nodal Consumer Affairs Ministry  is insisting on a FDI cap of 49 per cent in the sensitive sector,  sources said."Starting with 49 per cent FDI in.....]]></description><pubDate>July 01,2011</pubDate></item><item><title><![CDATA[Barcode Deadline For Drug Exporters Extended To July �12 [July 01,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1231/Barcode_Deadline_For_Drug_Exporters_Extended_To_July_�12.html]]></guid><description><![CDATA[The commerce ministry on Thursday extended the deadline for mandatory  barcoding of pharma products meant for overseas markets till July 2012, a  move which will provide relief to drug exporters.Earlier this  year, the Directorate General of Foreign .....]]></description><pubDate>July 01,2011</pubDate></item><item><title><![CDATA[India-Malaysia FTA Takes Effect Today [July 01,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1232/India-Malaysia_FTA_Takes_Effect_Today.html]]></guid><description><![CDATA[The free trade agreement (FTA) between India and Malaysia will come into  effect from July 1, 2011, giving Indian professionals like accountants,  engineers and doctors access to the key Southeast Asian nation. The  India-Malaysia Comprehensive Econo.....]]></description><pubDate>July 01,2011</pubDate></item><item><title><![CDATA[Govt. May Allow Wheat Export Via Private Route, Rice Through FCI [July 01,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1233/Govt_May_Allow_Wheat_Export_Via_Private_Route_Rice_Through_FCI.html]]></guid><description><![CDATA[The government is likely to allow exports of two million tonnes of wheat  through private trade, and one million tonnes of non-basmati rice from  its own godowns which is expected to ease storage problem.This  will end more than four years of ban on .....]]></description><pubDate>July 01,2011</pubDate></item><item><title><![CDATA[Rupee Gains 5 Paise Against US Dollar In Early Trade [July 01,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1234/Rupee_Gains_5_Paise_Against_US_Dollar_In_Early_Trade.html]]></guid><description><![CDATA[The Indian rupee appreciated by 5 paise to Rs. 44.64 per U.S. dollar in  opening trade on the Interbank Foreign Exchange today, supported by a  higher opening in the stock market.The rupee had appreciated by  17 paise to close at nearly a four&mdash;.....]]></description><pubDate>July 01,2011</pubDate></item><item><title><![CDATA[Reduce Import Duty On Food Items To Curb Inflation: Jalan [June 30,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1223/Reduce_Import_Duty_On_Food_Items_To_Curb_Inflation_Jalan.html]]></guid><description><![CDATA[Amid rising prices burning hole in consumer pockets, former RBI Governor  Bimal Jalan today said credible action should be taken to tame  inflation and suggested reducing import duties on food items."In  India, inflationary expectation has to be curt.....]]></description><pubDate>June 30,2011</pubDate></item><item><title><![CDATA[India�s PVC Market Moves Lower On Cheaper Imports, Falling VCM [June 30,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1224/India�s_PVC_Market_Moves_Lower_On_Cheaper_Imports_Falling_VCM.html]]></guid><description><![CDATA[Players in India report a significant decline in PVC prices over the  past week in both import and domestic markets owing to cheaper import  offers along with declining VCM prices as per ChemOrbis. Demand is said  to be limited in India as most buyer.....]]></description><pubDate>June 30,2011</pubDate></item><item><title><![CDATA[Apparel Exports Up By 49% To Rs 5,714 cr in May [June 30,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1225/Apparel_Exports_Up_By_49%_To_Rs_5714_cr_in_May.html]]></guid><description><![CDATA[Apparel exports grew by 49% in May to Rs 5,714 crore compared to the  corresponding month last fiscal mainly due to increase in demand in  countries like the US, European Union and Canada, a top industry body  today said.Exports stood at Rs 3,839 cro.....]]></description><pubDate>June 30,2011</pubDate></item><item><title><![CDATA[Govt Debars 178 Firms From Cotton Exports [June 30,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1226/Govt_Debars_178_Firms_From_Cotton_Exports.html]]></guid><description><![CDATA[The government on Wednesday debarred 178 firms from future allocation of  cotton for export after they failed to comply with the exports norms.The  government earlier this year gave permission to 928 firms to export 1.9  million bales of 170 kg each,.....]]></description><pubDate>June 30,2011</pubDate></item><item><title><![CDATA[Allow Export Of 20 Lakh Bales More, Ginners Tell Centre [June 30,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1227/Allow_Export_Of_20_Lakh_Bales_More_Ginners_Tell_Centre.html]]></guid><description><![CDATA[The Core Committee of the All India Cotton Ginners Association on  Wednesday demanded a special quota of 20 lakh bales of cotton for  export. They also demanded that cotton export be brought under the Open  General Licence (OGL) system.A delegation o.....]]></description><pubDate>June 30,2011</pubDate></item><item><title><![CDATA[Rupee Gains 11 Paise Against US Dollar In Early Trade [June 30,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1228/Rupee_Gains_11_Paise_Against_US_Dollar_In_Early_Trade.html]]></guid><description><![CDATA[The Indian rupee appreciated by 11 paise to Rs 44.75 per dollar in  opening trade on the Interbank Foreign Exchange on Thursday, supported  by dollar weakness against the euro and other Asian currencies and a  higher opening in the stock market.The r.....]]></description><pubDate>June 30,2011</pubDate></item><item><title><![CDATA[Export Ban On Rice, Wheat May End [June 29,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1217/Export_Ban_On_Rice_Wheat_May_End.html]]></guid><description><![CDATA[India may soon lift a ban on the export of wheat and rice with production of both cereals exceeding targets, a government official said.The next meeting of an empowered group of ministers (eGoM), scheduled next week, is expected to permit the export .....]]></description><pubDate>June 29,2011</pubDate></item><item><title><![CDATA['India's Orissa Port Iron Ore Exports Fall in Q1' [June 29,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1218/'India's_Orissa_Port_Iron_Ore_Exports_Fall_in_Q1'.html]]></guid><description><![CDATA[MUMBAI: Exports of iron ore from Orissa's Paradip port, in eastern India , fell 13.6 percent so far in the first quarter to June to 2.55 million tonnes due to stringent rules imposed by the local government and a four-fold hike in export tax, a port .....]]></description><pubDate>June 29,2011</pubDate></item><item><title><![CDATA[Nuclear Suppliers Tighten Trade Rules, May Irk India [June 29,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1219/Nuclear_Suppliers_Tighten_Trade_Rules_May_Irk_India.html]]></guid><description><![CDATA[VIENNA: A 46-nation export control group has acted to bar states that shun a global anti-nuclear weapons pact from obtaining technology which can be used to make atomic bombs, diplomats and experts say.Last week's decision by the Nuclear Suppliers Gr.....]]></description><pubDate>June 29,2011</pubDate></item><item><title><![CDATA[Indian Auto Group Seeks Alternative To Current Duty Scheme [June 29,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1220/Indian_Auto_Group_Seeks_Alternative_To_Current_Duty_Scheme.html]]></guid><description><![CDATA[India&rsquo;s nodal agency for the auto component industry, the Automotive Component Manufacturers Association of India (ACMA) has welcomed the government&rsquo;s move to extend the Duty Entitlement Pass Book (DEPB) scheme till September 30, 2011. Ho.....]]></description><pubDate>June 29,2011</pubDate></item><item><title><![CDATA[Rubber Stocks Gain On Customs Duty Abolish News [June 29,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1221/Rubber_Stocks_Gain_On_Customs_Duty_Abolish_News.html]]></guid><description><![CDATA[Finance Ministry may abolish customs duty on rubber up to 1 lakh tonne, reports CNBC-TV18. The Commerce Ministry has proposed removal of 20% duty on the commodity likely due to rising domestic rubber prices.Ceat touched an intraday high of Rs 103.95 .....]]></description><pubDate>June 29,2011</pubDate></item><item><title><![CDATA[FinMin May Remove 5% Duty On Coal For Blast Furnace Steel Makers [June 29,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1222/FinMin_May_Remove_5%_Duty_On_Coal_For_Blast_Furnace_Steel_Makers.html]]></guid><description><![CDATA[




To boost India-New Zealand bilateral ties, the finance ministry is eager to consider exempting the 5 per cent customs duty on weak coking coal for steel makers using the blast furnace route. It has asked the steel ministry if it wanted a &l.....]]></description><pubDate>June 29,2011</pubDate></item><item><title><![CDATA[India Inc Looks At China As FCCB Crisis Looms Large [June 28,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1211/India_Inc_Looks_At_China_As_FCCB_Crisis_Looms_Large.html]]></guid><description><![CDATA[NEW DELHI: After cheap toys, consumer goods and other manufactured  products, cheaper loans could be the next major Chinese import into  India, and the credit may go to a potential FCCB crisis looming large  over Indian corporates.In the next one and.....]]></description><pubDate>June 28,2011</pubDate></item><item><title><![CDATA[India Implements Trade Pact With Philippines [June 28,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1212/India_Implements_Trade_Pact_With_Philippines.html]]></guid><description><![CDATA[New Delhi, Jun 27 (PTI) Taking its market opening pact further with the  10-nation Asean bloc, India today announced implementation of its  free-trade agreement with Philippines.Under the pact India, will slash import duties on thousands of goods imp.....]]></description><pubDate>June 28,2011</pubDate></item><item><title><![CDATA[Refund Electricity Duty On Steel Exports: Assocham To Govt [June 28,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1213/Refund_Electricity_Duty_On_Steel_Exports_Assocham_To_Govt.html]]></guid><description><![CDATA[New Delhi, Jun 27 (PTI) Industry body Assocham today asked the  government to refund electricity duty on steel exports to boost shipment  of the commodity.India''s steel exports declined to 1.88  million tonnes in 2010-11 from 4.43 million tones in 2.....]]></description><pubDate>June 28,2011</pubDate></item><item><title><![CDATA[Karnataka Iron Ore Export Case Petitioners Seek SC�s Intervention [June 28,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1214/Karnataka_Iron_Ore_Export_Case_Petitioners_Seek_SC�s_Intervention.html]]></guid><description><![CDATA[Mumbai: Iron ore exporters in Karnataka will call on the Supreme Court  in early July to force the state government to uphold its lifting of an  export ban, which has got delayed by an inquiry into illegal mining.&ldquo;We  will file a writ of mandam.....]]></description><pubDate>June 28,2011</pubDate></item><item><title><![CDATA[Ginners Unite To Seek More Cotton Exports [June 28,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1215/Ginners_Unite_To_Seek_More_Cotton_Exports.html]]></guid><description><![CDATA[Envisaging no clearance of the heldover stock due to sluggish demand in  the domestic spinning industry, the All India Cotton Ginners Association  is going to have a meeting of its core committee in Ahmedabad on 29  June.The members of the associatio.....]]></description><pubDate>June 28,2011</pubDate></item><item><title><![CDATA[India Won't Allow Duty-Free Import Of Grains And Fruits From EU News [June 28,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1216/India_Won't_Allow_Duty-Free_Import_Of_Grains_And_Fruits_From_EU_News.html]]></guid><description><![CDATA[New Delhi: India has made it clear to the European Union that it will  not allow duty-free imports of wheat, barley, lemons, apples, pears and  meslin flour under a proposed Free Trade Agreement (FTA).Senior  ministry of agriculture officials are quo.....]]></description><pubDate>June 28,2011</pubDate></item><item><title><![CDATA[India Not To Consider EU Demand On Duty-Free Import [June 27,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1206/India_Not_To_Consider_EU_Demand_On_Duty-Free_Import.html]]></guid><description><![CDATA[NEW DELHI: To protect farmers' interests, India has made it clear to EU  that duty-free imports of wheat, barley, lemons, apples, pears and  meslin flour will not be allowed under the proposed free trade agreement  (FTA)."The EU has asked for duty el.....]]></description><pubDate>June 27,2011</pubDate></item><item><title><![CDATA[Orissa Iron Ore Prices Reflect Global Standard, Says OMC [June 27,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1207/Orissa_Iron_Ore_Prices_Reflect_Global_Standard_Says_OMC.html]]></guid><description><![CDATA[Rejecting the claims of state-based steel makers that iron ore sold by  Orissa Mining Corporation (OMC) is &ldquo;exorbitantly&rdquo; priced, the state-run  resources company has said iron ore rates in the state are not higher  than other states and .....]]></description><pubDate>June 27,2011</pubDate></item><item><title><![CDATA[India To Turn Exporter Of Steel: Survey [June 27,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1208/India_To_Turn_Exporter_Of_Steel_Survey.html]]></guid><description><![CDATA[NEW DELHI: Steel imports may be a thing of past, as the domestic  industry is set to add around 30 million tonnes (mt) capacity over the  next 18 months, making the country self-reliant and putting it in net  exporters' league, says an IDFC Securitie.....]]></description><pubDate>June 27,2011</pubDate></item><item><title><![CDATA[Key Heads To India, Pushing Free Trade [June 27,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1209/Key_Heads_To_India_Pushing_Free_Trade.html]]></guid><description><![CDATA[Prime Minister John Key is due to land in Delhi later this evening (Monday morning NZT) for three days of bilateral talks.28 business leaders are travelling with the prime minister to India, one of the world's top five fastest growing economies.With .....]]></description><pubDate>June 27,2011</pubDate></item><item><title><![CDATA[Sugar Prices Seen Up On Additional Exports [June 27,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1210/Sugar_Prices_Seen_Up_On_Additional_Exports.html]]></guid><description><![CDATA[As a fallout of the union government's decision to allow additional  500,000 tonnes of sugar exports in the current season sugar prices are  seen heading northwards.The sugar cooperative societies in  Gujarat expect the prices of sweetener to rise by.....]]></description><pubDate>June 27,2011</pubDate></item><item><title><![CDATA[India, Russia Ink Pact To Boost Apparel, Textile IndustriesIndia, Russia Ink Pact To Boost Apparel, Textile Industries [June 24,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1201/India_Russia_Ink_Pact_To_Boost_Apparel_Textile_IndustriesIndia_Russia_Ink_Pact_To_Boost_Apparel_Textile_Industries.html]]></guid><description><![CDATA[India and Russia have signed a pact to boost investment and trade in textile industries in both the countries.A  memorandum of understanding (MoU) was signed here on Tuesday by the  Apparel Export Promotion Council of India (AEPC) and Russian Union o.....]]></description><pubDate>June 24,2011</pubDate></item><item><title><![CDATA[16-18% IT Export Target This Fiscal Achievable: NASSCOM [June 24,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1202/16-18%_IT_Export_Target_This_Fiscal_Achievable_NASSCOM.html]]></guid><description><![CDATA[BANGALORE: The momentum for outsourcing services business is positive  and the 16-18 per cent growth estimates for IT exports from India in the  current fiscal is achievable, industry body NASSCOM said today."The  momentum is positive", President of .....]]></description><pubDate>June 24,2011</pubDate></item><item><title><![CDATA[Sugar Mills in India Seeking More Exports May Widen Supplies, Lower Prices [June 24,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1203/Sugar_Mills_in_India_Seeking_More_Exports_May_Widen_Supplies_Lower_Prices.html]]></guid><description><![CDATA[Sugar mills in India, the second- biggest producer, is seeking to export  more sweetener after winning government approval yesterday to ship  500,000 metric tons, potentially widening global supplies and lowering  prices.A government panel allowed ad.....]]></description><pubDate>June 24,2011</pubDate></item><item><title><![CDATA[At G-20, India Staves Off Pressure To Export Food [June 24,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1204/At_G-20_India_Staves_Off_Pressure_To_Export_Food.html]]></guid><description><![CDATA[The first G20 farm meet in Paris pushed countries such as India, which  hold sufficient grain reserves, to lift ban on food export and reveal  domestic food data about production and stocks held. India, however,  considers such information sensitive .....]]></description><pubDate>June 24,2011</pubDate></item><item><title><![CDATA[Sectoral Caps Under Lens in FDI Reforms [June 24,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1205/Sectoral_Caps_Under_Lens_in_FDI_Reforms.html]]></guid><description><![CDATA[NEW DELHI: Stung by a sharp fall in capital inflows, the government has  set the ball rolling on policy reforms to attract more foreign direct  investment.The department of industrial policy and promotion, or  DIPP, has invited suggestions on reforms.....]]></description><pubDate>June 24,2011</pubDate></item><item><title><![CDATA[US Increases India''s Sugar Import Quota Under TRQ [June 23,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1195/US_Increases_India''s_Sugar_Import_Quota_Under_TRQ.html]]></guid><description><![CDATA[Washington, June 22 (PTI) The US today increased its import quota of raw  sugar from India by 1,421 tonnes under a scheme -- tariff rate quota  (TRQ) -- for the fiscal year 2011."Today, the Secretary of  Agriculture announced an additional in-quota q.....]]></description><pubDate>June 23,2011</pubDate></item><item><title><![CDATA[EU Wines To Get Cheaper As India Willing To Cut Duty [June 23,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1196/EU_Wines_To_Get_Cheaper_As_India_Willing_To_Cut_Duty.html]]></guid><description><![CDATA[NEW DELHI: Imported liquor is likely to get cheaper, with the government  willing to lower import duty on alcohol from the European Union in  return for easier visa norms and greater market access to Indian  products there.India and the European Unio.....]]></description><pubDate>June 23,2011</pubDate></item><item><title><![CDATA[UBS Gold Sales to India Rise 23% So Far in 2011; Demand �Robust� [June 23,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1197/UBS_Gold_Sales_to_India_Rise_23%_So_Far_in_2011;_Demand_�Robust�.html]]></guid><description><![CDATA[UBS AG (UBSN) said its gold sales to India, the biggest bullion  consumer, rose 23 percent so far in 2011 from the same period a year  earlier, with demand &ldquo;robust.&rdquo;Physical bullion sales in May rose  &ldquo;a very substantial&rdquo; 76 p.....]]></description><pubDate>June 23,2011</pubDate></item><item><title><![CDATA[India Grain Export Prospects Fade [June 23,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1198/India_Grain_Export_Prospects_Fade.html]]></guid><description><![CDATA[NEW DELHI &ndash; The prospects of India exporting wheat and rice have virtually disappeared, industry officials said  Wednesday following a forecast that rains in the June-September monsoon  season will be below normal.Farm Minister Sharad Pawar had.....]]></description><pubDate>June 23,2011</pubDate></item><item><title><![CDATA[Engineering Exports Up 119 pc to $7.9 bn in May [June 23,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1199/Engineering_Exports_Up_119_pc_to_$79_bn_in_May.html]]></guid><description><![CDATA[NEW DELHI: India's engineering exports registered robust growth of 119.4  per cent to USD 7.9 billion in May year-on-year, driven mainly by an  increase in demand from traditional markets like the US and Europe.In  May last fiscal, engineering export.....]]></description><pubDate>June 23,2011</pubDate></item><item><title><![CDATA[FDI Outflow From India Crosses $43b in 2010-11 [June 23,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1200/FDI_Outflow_From_India_Crosses_$43b_in_2010-11.html]]></guid><description><![CDATA[MUMBAI/NEW DELHI Foreign direct investment outflow from India more than  doubled to $43.92 billion in 2010-11 as compared to $17.98 billion in  the previous year on the back of increased loan and guarantee issued by  Indian firms, official data showe.....]]></description><pubDate>June 23,2011</pubDate></item><item><title><![CDATA[Indonesian Law To Upset Coal Price Equation [June 22,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1189/Indonesian_Law_To_Upset_Coal_Price_Equation.html]]></guid><description><![CDATA[NEW DELHI: Indian power developers have sought government intervention  as a new law in Indonesia, the largest coal supplier, makes imports  economically unviable. Indonesia has said it would not allow exporting companies to sell coal at prices below.....]]></description><pubDate>June 22,2011</pubDate></item><item><title><![CDATA[Increased US Vigilance on Imported Drugs Can Impact India [June 22,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1190/Increased_US_Vigilance_on_Imported_Drugs_Can_Impact_India.html]]></guid><description><![CDATA[MUMBAI : The US Food and Drug Administration sought to tighten vigilance  on imported drugs in a plan that could potentially impact India's drug  companies and its own regulator's vigilance standards. India is a large  exporter of drugs to the United.....]]></description><pubDate>June 22,2011</pubDate></item><item><title><![CDATA[New Varieties of Grapes Introduced To Boost Export [June 22,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1191/New_Varieties_of_Grapes_Introduced_To_Boost_Export.html]]></guid><description><![CDATA[PUNE: New varieties of grapes suitable for exports to European Union  (EU) countries have been introduced in the country, mainly in  Maharashtra. The new varieties were selected because of their strong  presence in Chile - one of the competitors in e.....]]></description><pubDate>June 22,2011</pubDate></item><item><title><![CDATA[Centre Opens Cotton Export Registration [June 22,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1192/Centre_Opens_Cotton_Export_Registration.html]]></guid><description><![CDATA[Even as the government opened registration for allowing export of  additional 10 lakh bales, it issued a veiled threat to cotton exporters  warning that those who fail to ship the quantity allocated to them  within the stipulated period will be debar.....]]></description><pubDate>June 22,2011</pubDate></item><item><title><![CDATA[HC Strikes Down DGFT Formula For Telco Sops [June 22,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1193/HC_Strikes_Down_DGFT_Formula_For_Telco_Sops.html]]></guid><description><![CDATA[MUMBAI/NEW DELHI: Offering relief to Indian telecoms companies, the  Bombay High Court has struck down a government body's formula for  calculating incentives offered to service providers under the foreign  trade policy.A division bench of Justice DY.....]]></description><pubDate>June 22,2011</pubDate></item><item><title><![CDATA[India Agrees To Cut Import Duty On American Pistachio By 20 Pc [June 22,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1194/India_Agrees_To_Cut_Import_Duty_On_American_Pistachio_By_20_Pc.html]]></guid><description><![CDATA[Washington, Jun 21 (PTI) India has agreed to slash duty on import of  American pistachio from 30 per cent to 10 per cent, according to the US  trade office.Ahead of Commerce and Industry Minister Anand  Sharma''s meeting with US Trade Representative .....]]></description><pubDate>June 22,2011</pubDate></item><item><title><![CDATA[India Mulls Anti-Dumping Duty On Chemical's Import From China [June 18,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1178/India_Mulls_Anti-Dumping_Duty_On_Chemical's_Import_From_China.html]]></guid><description><![CDATA[The government is considering to impose anti-dumping duty of up to  USD 1,707 per tonne on imports of a chemical, used in making adhesives,  to protect domestic industry from cheap shipments from China, Japan,  Malaysia, Russia, Taiwan and Thailand.T.....]]></description><pubDate>June 18,2011</pubDate></item><item><title><![CDATA[Govt Discussing FDI Liberalization, Says FM [June 18,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1179/Govt_Discussing_FDI_Liberalization_Says_FM.html]]></guid><description><![CDATA[The Centre is in the process of deepening policy reforms in the  financial sector and discussions are underway to further liberalise the  foreign direct investment (FDI) policy, Finance Minister Pranab  Mukherjee said on Friday.Mukherjee said RBI is .....]]></description><pubDate>June 18,2011</pubDate></item><item><title><![CDATA[Govt Needs To Provide Export Credit To SME Sector At 7%: FIEO [June 18,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1180/Govt_Needs_To_Provide_Export_Credit_To_SME_Sector_At_7%_FIEO.html]]></guid><description><![CDATA[Centre should offer export credit to the small and medium enterprise  (SME) segment at 7% and others at 9% and immediately introduce interest  subvention from April 1, said Mr Ramu S Deora, President, Federation of  Indian Export Organisations (FIEO).....]]></description><pubDate>June 18,2011</pubDate></item><item><title><![CDATA[Exports In May Ride High On Low Base [June 18,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1181/Exports_In_May_Ride_High_On_Low_Base.html]]></guid><description><![CDATA[Last week's dizzying export figures have left both government and  industry truly foxed. Although some sectors like engineering have been  doing well for a while now, commanding a quarter of India's total  exports last year, an above 100% growth rate.....]]></description><pubDate>June 18,2011</pubDate></item><item><title><![CDATA[Foreign Exchange Reserves Fall To $310.503 bln [June 18,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1182/Foreign_Exchange_Reserves_Fall_To_$310503_bln.html]]></guid><description><![CDATA[India's foreign exchange reserves fell to $310.503 billion as on June 10  from $312.904 billion in the previous week, the central bank said in  its weekly statical supplement on Friday.Changes in foreign  currency assets, expressed in dollar terms, i.....]]></description><pubDate>June 18,2011</pubDate></item><item><title><![CDATA[Wheat & Rice Export Ban To Continue: Thomas [June 18,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1183/Wheat_&_Rice_Export_Ban_To_Continue_Thomas.html]]></guid><description><![CDATA[Food Ministry ruled out scrapping curbs on exports of wheat and rice as  the world&rsquo;s second-biggest producer preserves grains to supply food to  consumers at below market prices under a new law.&ldquo;There is no  question of allowing exports,&.....]]></description><pubDate>June 18,2011</pubDate></item><item><title><![CDATA[Indian Import Duty On Complete Knock Down Car imports Remain Unchanged. [June 17,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1172/Indian_Import_Duty_On_Complete_Knock_Down_Car_imports_Remain_Unchanged.html]]></guid><description><![CDATA[Indian Government has announced that there will be no further reduction  in the Complete Knocked Down (CKD) import duties. Earlier Finance  Minister Pranab Mukherjee made certain alterations in the definition of  completely knocked down kit imports, .....]]></description><pubDate>June 17,2011</pubDate></item><item><title><![CDATA[Rupee Gains Against U.S. Dollar In Early Trade [June 17,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1173/Rupee_Gains_Against_US_Dollar_In_Early_Trade.html]]></guid><description><![CDATA[The Indian rupee was up by 5 paise at Rs 44.85 per US dollar in early  trade on the Interbank Foreign Exchange on Friday, supported by a higher  opening in the stock market.The rupee had declined by 13 paise  to close at Rs 44.90/91 against the Ameri.....]]></description><pubDate>June 17,2011</pubDate></item><item><title><![CDATA[Exporters Ask Govt For Guidelines On Proper Procedures On Claims For Rebate On Excise Duty [June 17,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1174/Exporters_Ask_Govt_For_Guidelines_On_Proper_Procedures_On_Claims_For_Rebate_On_Excise_Duty.html]]></guid><description><![CDATA[The pharma exporters in the country have asked the Union finance  ministry to issue Guidelines to Central Excise field formations  regarding proper procedures to be followed while sanctioning claims for  rebate of duty paid on pharmaceutical products.....]]></description><pubDate>June 17,2011</pubDate></item><item><title><![CDATA[India To Continue Anti-Dumping Duty Levy On Pentaerythritol Imports From China [June 17,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1175/India_To_Continue_Anti-Dumping_Duty_Levy_On_Pentaerythritol_Imports_From_China.html]]></guid><description><![CDATA[The Finance Ministry has decided to continue levying the definitive  anti-dumping duty of $515 per tonne on Pentaerythritol imports from  China for another five years unless revoked earlier, reports said,  quoting a revenue department official. The m.....]]></description><pubDate>June 17,2011</pubDate></item><item><title><![CDATA[DGFT May Curb Cotton Export Application Quantity [June 17,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1176/DGFT_May_Curb_Cotton_Export_Application_Quantity.html]]></guid><description><![CDATA[The Directorate General of Foreign Trade (DGFT), responsible for  monitoring smooth shipment of 1 million bales (1 bale = 170 kg) of  additional cotton exports, has framed stringent guidelines for export  applications, likely to be announced soon.Tra.....]]></description><pubDate>June 17,2011</pubDate></item><item><title><![CDATA[Agri Ministry For 3-5 mt Rice Exports [June 17,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1177/Agri_Ministry_For_3-5_mt_Rice_Exports.html]]></guid><description><![CDATA[Food ministry opposes the move due to food security concerns and high inflation.The  ministry of agriculture has recommended allowing export of three-five  million tonnes (mt) of rice, following a bumper crop this year. This is  based on the recommen.....]]></description><pubDate>June 17,2011</pubDate></item><item><title><![CDATA[Food Min Proposes 15pc Duty On Sugar Imports [June 16,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1166/Food_Min_Proposes_15pc_Duty_On_Sugar_Imports.html]]></guid><description><![CDATA[The Food Ministry has proposed 15 per cent import duty on sugar from  July 1 as the country''s production is higher than the domestic demand  and mills are exporting the sweetener.In February 2009, the government had abolished import duty to boost do.....]]></description><pubDate>June 16,2011</pubDate></item><item><title><![CDATA[Rupee Down by 7 p Against US Dollar In Early Trade [June 16,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1167/Rupee_Down_by_7_p_Against_US_Dollar_In_Early_Trade.html]]></guid><description><![CDATA[The rupee depreciated by 7 paise to Rs 44.84 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  opening in the equity market.Forex de.....]]></description><pubDate>June 16,2011</pubDate></item><item><title><![CDATA[Higher Output And Lower Exports To Hit Jeera Market [June 16,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1168/Higher_Output_And_Lower_Exports_To_Hit_Jeera_Market.html]]></guid><description><![CDATA[The jeera market is likely to come under pressure due to higher  production and lower export demand from India. The domestic market is  likely to ease further when Syria and Turkey come out with their crop  figures, traders said.&ldquo;Higher product.....]]></description><pubDate>June 16,2011</pubDate></item><item><title><![CDATA[Tax Exemption Gone, 15 SEZ Promoters Plan To Pull Out [June 16,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1169/Tax_Exemption_Gone_15_SEZ_Promoters_Plan_To_Pull_Out.html]]></guid><description><![CDATA[As many as 15 developers, including Essar, Bengal Shapoorji, K Raheja  Universal and Satyam Computer Services may pull out of their special  economic zone (SEZ) projects, following withdrawal of tax exemptions, an  industry body said on Wednesday.Mor.....]]></description><pubDate>June 16,2011</pubDate></item><item><title><![CDATA[No Duty Rollback On Assembled Cars [June 16,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1170/No_Duty_Rollback_On_Assembled_Cars.html]]></guid><description><![CDATA[The government has turned down a fresh plea to roll back the  differential duty structure for assembled vehicles. The demand which  first came from the European Union was raised afresh by German  Chancellor Angela Merkel during her trip to India last.....]]></description><pubDate>June 16,2011</pubDate></item><item><title><![CDATA[Scheme To Protect Exporter Interest [June 16,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1171/Scheme_To_Protect_Exporter_Interest.html]]></guid><description><![CDATA[The Central government is seriously considering a scheme that will  protect the interests of exporters in the light of proposed withdrawal  of duty entitlement passbook (DEPB) scheme in the near future.Recently,  government has extended the deadline .....]]></description><pubDate>June 16,2011</pubDate></item><item><title><![CDATA[Import Of Sensitive Items Up 9.3% In Apr-Feb FY11 [June 15,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1160/Import_Of_Sensitive_Items_Up_93%_In_Apr-Feb_FY11.html]]></guid><description><![CDATA[India's import of sensitive items, including foodgrains and milk  products , has gone up by 9.3% to Rs 65,596 crore during April- February  2010-11, from Rs 60,011 crore in the year-ago period.Foodgrains'  import soared to Rs 250.17 crore during the .....]]></description><pubDate>June 15,2011</pubDate></item><item><title><![CDATA[Special Plans On Offer For Polymer Buyers [June 15,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1161/Special_Plans_On_Offer_For_Polymer_Buyers.html]]></guid><description><![CDATA[Petrochemical manufacturing companies have started offering price  protection schemes to lure buyers in a dull market. It began last month  with polypropylene and is to be extended to polyethylene.&ldquo;The  demand for polymers is slack and inventor.....]]></description><pubDate>June 15,2011</pubDate></item><item><title><![CDATA[Rupee Up 1 Paise Against U.S. Dollar In Early Trade [June 15,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1162/Rupee_Up_1_Paise_Against_US_Dollar_In_Early_Trade.html]]></guid><description><![CDATA[The Indian rupee edged up marginally by 1 paise to Rs. 44.72 against the  U.S. dollar in range-bound trade on the Interbank Foreign Exchange  Wednesday morning on dollar-selling by some banks.A lower opening in the stock market capped the gains.Forex.....]]></description><pubDate>June 15,2011</pubDate></item><item><title><![CDATA[India Farm Minister Wants to Increase Exports [June 15,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1163/India_Farm_Minister_Wants_to_Increase_Exports.html]]></guid><description><![CDATA[India's farm minister, Sharad Pawar, said Tuesday that he strongly  favors exports of sugar, wheat, rice and cotton as the country has  surplus stocks and is likely heading to another year of a bumper output."I  honestly feel, in the larger interest .....]]></description><pubDate>June 15,2011</pubDate></item><item><title><![CDATA[India Imports As Much Black Pepper As It Exports [June 15,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1164/India_Imports_As_Much_Black_Pepper_As_It_Exports.html]]></guid><description><![CDATA[India imported almost the same quantity of black pepper as it exported  during the March-May period, according to the latest trade estimates.  Total imports during the period were 4,500 tonnes while exports were  4,600 tonnes. A majority of these imp.....]]></description><pubDate>June 15,2011</pubDate></item><item><title><![CDATA[Tea Industry Wants SPTF To Increase Subsidy To 40% [June 15,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1165/Tea_Industry_Wants_SPTF_To_Increase_Subsidy_To_40%.html]]></guid><description><![CDATA[Taking into account the loss of revenue that tea planters need to bear  during the gestation period post re-plantation of tea bushes, the tea  industry has asked the Tea Board and the Centre to increase the rate of  subsidy under the Special Purpose .....]]></description><pubDate>June 15,2011</pubDate></item><item><title><![CDATA[Extend DEPB Till GST Launch: FIEO To Govt [June 14,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1154/Extend_DEPB_Till_GST_Launch_FIEO_To_Govt.html]]></guid><description><![CDATA[The Federation of Indian Exports Organisations (FIEO) today suggested  that the 14-year-old Duty Entitlement Pass Book (DEPB) scheme be  extended till the Goods and Services Tax (GST) is introduced in the  country."The DEPB scheme should continue til.....]]></description><pubDate>June 14,2011</pubDate></item><item><title><![CDATA[Rupee Gains 8 Paise Against U.S. Dollar In Early Trade [June 14,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1155/Rupee_Gains_8_Paise_Against_US_Dollar_In_Early_Trade.html]]></guid><description><![CDATA[The Indian rupee strengthened by 8 paise to Rs. 44.78 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 r.....]]></description><pubDate>June 14,2011</pubDate></item><item><title><![CDATA[Cut Import Duties On Automobiles, Components:Tata [June 14,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1156/Cut_Import_Duties_On_Automobiles_ComponentsTata.html]]></guid><description><![CDATA[At a time when the Indian automobile industry is strongly opposing  lowering of import duty in the proposed India-EU FTA, Tata group chief  Ratan Tata has favoured cutting tariff on vehicles and components coming  from overseas.In an interview to the.....]]></description><pubDate>June 14,2011</pubDate></item><item><title><![CDATA[India's Export Grows 56.9% To US$25.9B in May 2011: Commerce Secretary [June 14,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1157/India's_Export_Grows_569%_To_US$259B_in_May_2011_Commerce_Secretary.html]]></guid><description><![CDATA[India's exports have registered a growth of 56.9% during May 2011, at US  $ 25.9 billion.&nbsp; Rahul Khullar, Commerce Secretary, informed that  during the period April-May 2011, exports have reached a level of US $  49.8 billion - a growth of 45.3%.....]]></description><pubDate>June 14,2011</pubDate></item><item><title><![CDATA[Pharma Exporters To Get Time Leeway On Barcoding [June 14,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1158/Pharma_Exporters_To_Get_Time_Leeway_On_Barcoding.html]]></guid><description><![CDATA[The commerce ministry is to extend the earlier deadline of July 1 given  to medicine exporters for affixing of barcodes on all drug shipments.  Exporters are likely to get at least a year more, it is learnt.However,  the ministry is unlikely to relax.....]]></description><pubDate>June 14,2011</pubDate></item><item><title><![CDATA[Finmin Seeks More Checks On Trade Codes [June 14,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1159/Finmin_Seeks_More_Checks_On_Trade_Codes.html]]></guid><description><![CDATA[After several cases of misuse of Importer-Exporter Code (IEC) were  detected by the Directorate of Revenue Intelligence (DRI), the finance  ministry has told the Directorate General of Foreign Trade to impose  additional conditions for issuing these .....]]></description><pubDate>June 14,2011</pubDate></item><item><title><![CDATA[Govt Should Consider Denying Anti-Dumping Sops Under DFIA [June 13,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1148/Govt_Should_Consider_Denying_Anti-Dumping_Sops_Under_DFIA.html]]></guid><description><![CDATA[The Duty Free Import Authorisation (DFIA) scheme has been a messy and  controversial scheme since its introduction. Now, domestic producers of  certain goods have represented that anti-dumping duty on the goods akin  to what they produce is being avo.....]]></description><pubDate>June 13,2011</pubDate></item><item><title><![CDATA[Rupee Opens 15 Paise Lower Against U.S. Dollar [June 13,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1149/Rupee_Opens_15_Paise_Lower_Against_US_Dollar.html]]></guid><description><![CDATA[The Indian rupee fell by 15 paise to Rs. 44.87 against the U.S. dollar  in early trade on the Interbank Foreign Exchange on Monday, following  dollar gains against other currencies overseas and a weak trend in the  equity market.Forex dealers said do.....]]></description><pubDate>June 13,2011</pubDate></item><item><title><![CDATA[India's Potash Import Faces Price Hurdle [June 13,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1150/India's_Potash_Import_Faces_Price_Hurdle.html]]></guid><description><![CDATA[High international prices of potash have become a hurdle for India,  which imports all its potash needs. While the Indian government is  willing to pay up to $ 420 per tonne of imported potash, the  international prices are ruling at $ 500-510, with .....]]></description><pubDate>June 13,2011</pubDate></item><item><title><![CDATA[India Will Be A Net Exporter Of Flat Steel In Just A Year [June 13,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1151/India_Will_Be_A_Net_Exporter_Of_Flat_Steel_In_Just_A_Year.html]]></guid><description><![CDATA[Despite enduring hiccups on land acquisition and environmental  clearances, India is expected to become a net exporter of steel very  soon.Experts say while there is a marginal declining trend in  consumption, most of the big steel companies are incr.....]]></description><pubDate>June 13,2011</pubDate></item><item><title><![CDATA[Indonesia�s New Coal Pricing Policy Set To Hit Indian Power Firms [June 13,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1152/Indonesia�s_New_Coal_Pricing_Policy_Set_To_Hit_Indian_Power_Firms.html]]></guid><description><![CDATA[Indonesia may soon cease to be the favourite destination for coal-buying  Indian power firms. The country has aligned its coal pricing method  with global practice, which is bound to make the natural resource dearer  by Rs 1,500 a tonne for Indian po.....]]></description><pubDate>June 13,2011</pubDate></item><item><title><![CDATA[Trade Gap May Widen To $150 bn In FY'12 [June 13,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1153/Trade_Gap_May_Widen_To_$150_bn_In_FY'12.html]]></guid><description><![CDATA[India may be heading towards a large trade deficit of USD 125-150  billion in the current fiscal, mainly due to the consumption-led demand,  as per the initial estimates.The trend of the first two months  of the financial year 2011-12 shows that the .....]]></description><pubDate>June 13,2011</pubDate></item><item><title><![CDATA[DEPB To Stay For 3 More Months, But No More Extensions: Finmin [June 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1143/DEPB_To_Stay_For_3_More_Months_But_No_More_Extensions_Finmin.html]]></guid><description><![CDATA[The finance ministry has given a three-month extension to the popular  export incentive scheme , the Duty Entitlement Passbook or DEPB,  offering solace to its beneficiaries such as Bajaj Auto, TVS Suzuki ,  Reliance Industries and Bharat Forge . The.....]]></description><pubDate>June 11,2011</pubDate></item><item><title><![CDATA[Exports Record An Impressive 57% Growth in May [June 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1144/Exports_Record_An_Impressive_57%_Growth_in_May.html]]></guid><description><![CDATA[Riding on the back of the renewed demand from the traditional markets in  West and Europe, India's exports grew by an impressive 56.9 per cent at  $25.9 billion in May year-on-year.Imports also went up by 54.1  per cent to $40.9 billion, leaving a tr.....]]></description><pubDate>June 11,2011</pubDate></item><item><title><![CDATA[Forex Reserves Up $2.69 Billion To $312.90 Billion [June 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1145/Forex_Reserves_Up_$269_Billion_To_$31290_Billion.html]]></guid><description><![CDATA[India's foreign exchange reserves rose by $2.69 billion to $312.90  billion on the back of healthy jump in foreign currency assets (FCAs) in  the week ended June 3. The forex reserves had increased by $1.68  billion to 310.21 billion in the previous .....]]></description><pubDate>June 11,2011</pubDate></item><item><title><![CDATA[Industry Apprehensive Of 49% Cap On FDI In Pharma Sector [June 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1146/Industry_Apprehensive_Of_49%_Cap_On_FDI_In_Pharma_Sector.html]]></guid><description><![CDATA[The industry is apprehensive about the proposed cap on Foreign Direct  Investment (FDI) upto 49 per cent in pharma sector as it may change the  business dynamics of the Indian industry. This issue was highlighted  during a one day conference organise.....]]></description><pubDate>June 11,2011</pubDate></item><item><title><![CDATA[Indian Vegoil Imports Seen Higher By More Than A Third [June 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1147/Indian_Vegoil_Imports_Seen_Higher_By_More_Than_A_Third.html]]></guid><description><![CDATA[INDIA'S vegetable oil imports may have risen by 37% in May, the second  straight monthly rise, as local supply dropped on depleting oilseeds  stocks ahead of the summer planting season, a trend that is likely to  continue next month, a Reuters survey.....]]></description><pubDate>June 11,2011</pubDate></item><item><title><![CDATA[Pharma Majors, Govt To Chalk Out Plan On Export Growth [June 10,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1137/Pharma_Majors_Govt_To_Chalk_Out_Plan_On_Export_Growth.html]]></guid><description><![CDATA[Thirty top pharmaceutical exporters that account for almost half of  India&rsquo;s drug exports worth $10 billion (about Rs 45,000 crore) will meet  commerce ministry representatives to formulate a growth plan for the  sector. Key to the discussion w.....]]></description><pubDate>June 10,2011</pubDate></item><item><title><![CDATA[Exporters Unhappy With Additional Cotton Quota [June 10,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1138/Exporters_Unhappy_With_Additional_Cotton_Quota.html]]></guid><description><![CDATA[The decision to allow export of an additional one million bales of  cotton this year by the government has not gone down well with the  exporters, who termed it too little and too late.According to  Dhiren Seth, president of the Cotton Association of.....]]></description><pubDate>June 10,2011</pubDate></item><item><title><![CDATA[Sharp Drop In Tea Exports [June 10,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1139/Sharp_Drop_In_Tea_Exports.html]]></guid><description><![CDATA[There has been a sharp drop in India's tea exports &mdash; around 24 per cent &mdash;  in the first four months of 2011, official statistics show.  Volume-wise, exports were 15.8 million kg lower between January and  April with earnings too dropping .....]]></description><pubDate>June 10,2011</pubDate></item><item><title><![CDATA[Rupee Appreciates 5 Paise vs US Dollar In Early Trade [June 10,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1140/Rupee_Appreciates_5_Paise_vs_US_Dollar_In_Early_Trade.html]]></guid><description><![CDATA[The Indian rupee strengthened by 5 paise to Rs 44.67 per US dollar in  early trade on the Interbank Foreign Exchange today, largely in tandem  with dollar weakness against other Asian currencies overseas.The  rupee had softened by two paise to close .....]]></description><pubDate>June 10,2011</pubDate></item><item><title><![CDATA[Reconsider Decision On Cotton Exports: Mills [June 10,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1141/Reconsider_Decision_On_Cotton_Exports_Mills.html]]></guid><description><![CDATA[Textile mills here have appealed to the Union Government to reconsider  its decision to allow additional 10 lakh bales of cotton for exports  this year (October 2010 to September 2011).Southern India Mills'  Association Chairman J. Thulasidharan has .....]]></description><pubDate>June 10,2011</pubDate></item><item><title><![CDATA[Govt To Allow 51% Foreign Investment In Retail Business [June 10,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1142/Govt_To_Allow_51%_Foreign_Investment_In_Retail_Business.html]]></guid><description><![CDATA[The government has moved a formal proposal to allow foreign direct  investment of up to 51% in multi-brand retail stores although with a few  riders. At present, FDI in multi-brand retail business is prohibited in  India. The large deep discount stor.....]]></description><pubDate>June 10,2011</pubDate></item><item><title><![CDATA[Minister Manas To Pranab: Rollback Excise Duty On Branded Garments [June 09,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1129/Minister_Manas_To_Pranab_Rollback_Excise_Duty_On_Branded_Garments.html]]></guid><description><![CDATA[The state�s numerous small scale textile manufacturers and hosiery garment manufacturers can breath a heavy sigh of relief if Manas Bhuniya, the minister for micro and small-scale enterprises, has his way.

Bhuniya has written to the Union Finance .....]]></description><pubDate>June 09,2011</pubDate></item><item><title><![CDATA[Tyre Output, Export Up 22% in FY11 [June 09,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1130/Tyre_Output_Export_Up_22%_in_FY11.html]]></guid><description><![CDATA[The tyre industry performed well in the last financial year (2010-11)  despite high input costs. Both, production and export of tyres  registered an annual increase of 22 per cent during FY11.According  to the Automotive Tyre Manufacturers Associatio.....]]></description><pubDate>June 09,2011</pubDate></item><item><title><![CDATA[Israel Signs Technology Deal With India [June 09,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1134/Israel_Signs_Technology_Deal_With_India.html]]></guid><description><![CDATA[Israel and India have signed a deal that will allow both countries to  cooperate in advanced technology, UPI reported Monday. The memorandum of  understanding will also likely increase Israel&rsquo;s defense sales to the  country.The Jerusalem Post c.....]]></description><pubDate>June 09,2011</pubDate></item><item><title><![CDATA[Rupee Gains 4 Paise Against US Dollar In Early Trade [June 09,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1135/Rupee_Gains_4_Paise_Against_US_Dollar_In_Early_Trade.html]]></guid><description><![CDATA[The Indian rupee was up by 4 paise at Rs 44.66 per dollar in early trade  on the Interbank Foreign Exchange today, supported by a higher opening  in the stock market.The rupee had declined by 3 paise to close  at Rs 44.70/71 against the US currency y.....]]></description><pubDate>June 09,2011</pubDate></item><item><title><![CDATA[Rupee Gains 4 Paise Against US Dollar In Early Trade [June 09,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1136/Rupee_Gains_4_Paise_Against_US_Dollar_In_Early_Trade.html]]></guid><description><![CDATA[Copper fell more than one per cent on today as the dollar rebounded from  one-month lows and a bleak Federal Reserve assessment of the US economy  depressed market sentiment.Federal Reserve Chairman Ben  Bernanke late on Tuesday acknowledged the econ.....]]></description><pubDate>June 09,2011</pubDate></item><item><title><![CDATA[India Permits Exports Of Additional One Million Cotton Bales [June 09,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1133/India_Permits_Exports_Of_Additional_One_Million_Cotton_Bales.html]]></guid><description><![CDATA[The Group of Ministers (GoM), decided to allow export of an additional  one million bales (1 bale = 170 kg) of raw cotton during the current  cotton season. This is in addition to the 5.5 million cotton bales  already exported, in the season, which r.....]]></description><pubDate>June 09,2011</pubDate></item><item><title><![CDATA[Commerce Ministry Amends Rules For Guar Gum Export [June 08,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1123/Commerce_Ministry_Amends_Rules_For_Guar_Gum_Export.html]]></guid><description><![CDATA[Guar gum exporters heave a sigh of relief as commerce ministry withdraws  its notification on permissible chemicals content. This will spur the  movement of guar gum from India to the EU nations, where demand is  rising in a wide range of industrial .....]]></description><pubDate>June 08,2011</pubDate></item><item><title><![CDATA[Govt Likely To Reduce Minimum Export Price Of Non-Basmati Rice [June 08,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1124/Govt_Likely_To_Reduce_Minimum_Export_Price_Of_Non-Basmati_Rice.html]]></guid><description><![CDATA[The commerce ministry may reduce the minimum export price (MEP) of  non-basmati rice after exports failed to pick up, said a ministry  official who declined to be named. The government had allowed limited  exports of non-basmati rice after a bumper c.....]]></description><pubDate>June 08,2011</pubDate></item><item><title><![CDATA[Govt Allows Over 1 L Tn Of Flour Export To Maldives Till FY14 [June 08,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1125/Govt_Allows_Over_1_L_Tn_Of_Flour_Export_To_Maldives_Till_FY14.html]]></guid><description><![CDATA[The government today allowed export of over 1 lakh tonnes of wheat flour  to Maldives till 2013-2014 fiscal, under the bilateral trade pact."Now,  the quantity of wheat flour is permitted to be exported for the years  2011-12, 2012-13 and 2013-14 to .....]]></description><pubDate>June 08,2011</pubDate></item><item><title><![CDATA[India's Government Allows Export of 10,000 Tonnes Organic Sugar [June 08,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1126/India's_Government_Allows_Export_of_10000_Tonnes_Organic_Sugar.html]]></guid><description><![CDATA[India has allowed the export of 10,000 tonnes of organic sugar in the  fiscal year that started April 1, the Directorate General of Foreign  Trade said.The export has been permitted under the condition of  certification of organic products by the sta.....]]></description><pubDate>June 08,2011</pubDate></item><item><title><![CDATA[India's April-May Iron Ore Exports From Goa Port Fall-Source [June 08,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1127/India's_April-May_Iron_Ore_Exports_From_Goa_Port_Fall-Source.html]]></guid><description><![CDATA[Iron ore exports from India's Mormugao port fell 11.8 percent to 8.2  million tonnes in April-May due to a four-fold rise in export tax and  local transportation issues, a port source said.Exports steadied  to 4.23 million tonnes in May from 4.15 mil.....]]></description><pubDate>June 08,2011</pubDate></item><item><title><![CDATA[BARCODE FOR EXPORTS [June 08,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1128/BARCODE_FOR_EXPORTS.html]]></guid><description><![CDATA[As per a DGFT notification, barcoding is going to be mandatory on all  pharmaceutical products exported out of the country from July 1. This  rule is expected to enable the exporters to build a track and trace  capability for their medicines using ba.....]]></description><pubDate>June 08,2011</pubDate></item><item><title><![CDATA[Steel Imports Down 65% In April Due To Slow Sales And Depreciation [June 07,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1117/Steel_Imports_Down_65%_In_April_Due_To_Slow_Sales_And_Depreciation.html]]></guid><description><![CDATA[High interest costs, expectations of lower prices due to slow sales and  depreciation of the India . rupee against the dollar have reduced steel  imports in the past few months. According to traders and people directly  involved in the industry, the .....]]></description><pubDate>June 07,2011</pubDate></item><item><title><![CDATA[Afghan Clothing Gains Duty-Free Access To India [June 07,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1118/Afghan_Clothing_Gains_Duty-Free_Access_To_India.html]]></guid><description><![CDATA[India has waived duty on imports from Afghanistan as a part of its  Duty-Free Tariff Preference (DFTP) scheme, an economic package for least  developed countries (LDCs).According to a notification issued  by the Ministry of Finance, most of the produ.....]]></description><pubDate>June 07,2011</pubDate></item><item><title><![CDATA[Strong dose: Govt Ay Make Pharma Code Mandatory [June 07,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1119/Strong_dose_Govt_Ay_Make_Pharma_Code_Mandatory.html]]></guid><description><![CDATA[The self-regulatory draft code for putting an end to unethical marketing  practices by pharma companies, formulated by the government, will be  made mandatory if not adhered to by companies. This may be the first  ever instance of the government talk.....]]></description><pubDate>June 07,2011</pubDate></item><item><title><![CDATA[Indian Guar Gum Manufacturers Resent China''s ''Tactics'' [June 07,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1120/Indian_Guar_Gum_Manufacturers_Resent_China''s_''Tactics''.html]]></guid><description><![CDATA[Domestic guar gum manufacturers are resenting China''s ''tactics'' of  imposing high customs duty on export of the value added product from  India and encouraging shipment of raw materials (guar gum splits) by  keeping the duty at half.Besides, while.....]]></description><pubDate>June 07,2011</pubDate></item><item><title><![CDATA[Soyameal Export Jumps Nearly Three-Fold In May [June 07,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1121/Soyameal_Export_Jumps_Nearly_Three-Fold_In_May.html]]></guid><description><![CDATA[India''s soyameal exports jumped nearly three-fold at 1,76,816 tonnes in  May on record output of soyabean, according to industry data.The  country had in May 2010 exported 60,228 tonnes of soyameal, which is  used as animal feed, Indore-based Soyabe.....]]></description><pubDate>June 07,2011</pubDate></item><item><title><![CDATA[Commerce Ministry To Take Steps To Boost Pharma Export From West Bengal, NE States [June 07,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1122/Commerce_Ministry_To_Take_Steps_To_Boost_Pharma_Export_From_West_Bengal_NE_States.html]]></guid><description><![CDATA[Pharmaceutical exports from West Bengal and other north eastern states  have not been growing for last many years despite the region having 154  medium and small scale pharmaceutical units. Most of these units are  manufacturing drugs for the domesti.....]]></description><pubDate>June 07,2011</pubDate></item><item><title><![CDATA[Manufacturing Policy To Come Up For Clearance This Week [June 06,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1111/Manufacturing_Policy_To_Come_Up_For_Clearance_This_Week.html]]></guid><description><![CDATA[Union minister of Commerce and Industry Anand Sharma has said that  India's first manufacturing policy would to be taken up for final  clearance in a meeting chaired by the Prime Minister on June 9. This  would be a step towards greater focus on impr.....]]></description><pubDate>June 06,2011</pubDate></item><item><title><![CDATA[Rupee Up 6 Paise Against U.S. Dollar In Early Trade [June 06,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1112/Rupee_Up_6_Paise_Against_US_Dollar_In_Early_Trade.html]]></guid><description><![CDATA[The Indian rupee strengthened by 6 paise to Rs. 44.75 against the U.S.  dollar in early trade on the Interbank Foreign Exchange on Monday, on  dollar weakness against the euro and other Asian currencies.The  U.S. dollar slid to a fresh one-month low .....]]></description><pubDate>June 06,2011</pubDate></item><item><title><![CDATA[FIEO Favours Rate Subvention, Extension Of DEPB [June 06,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1113/FIEO_Favours_Rate_Subvention_Extension_Of_DEPB.html]]></guid><description><![CDATA[The Federation of Indian Export Organisation (FIEO) has appealed to the  Commerce Ministry for interest rate subvention and the extension of duty  entitlement passbook scheme.At an interactive session with the  Commerce and Industry Minister Anand Sh.....]]></description><pubDate>June 06,2011</pubDate></item><item><title><![CDATA[Exporters Demand Extension Of DEPB Scheme Beyond June 30, 2011 [June 06,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1114/Exporters_Demand_Extension_Of_DEPB_Scheme_Beyond_June_30_2011.html]]></guid><description><![CDATA[The pharma exporters in the country have demanded to the union commerce  ministry to initiate measures to extend the Duty Entitled Passbook  (DEPB) scheme, which is an industry-friendly scheme, beyond June 30,  2011 till an alternative to the scheme .....]]></description><pubDate>June 06,2011</pubDate></item><item><title><![CDATA[Govt Agencies Open 1,392 Paddy Purchase Centres [June 06,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1115/Govt_Agencies_Open_1392_Paddy_Purchase_Centres.html]]></guid><description><![CDATA[With a view to ensuring minimum support price (MSP) for paddy,  government agencies have opened 1,392 purchase centres -- 1,230 by the  AP State Civil Supplies Corporation and IKP and 168 centres by the Food  Corporation of India.During this rabi sea.....]]></description><pubDate>June 06,2011</pubDate></item><item><title><![CDATA[Saudi Arabia To Double Exports Of Crude Oil To India [June 06,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1116/Saudi_Arabia_To_Double_Exports_Of_Crude_Oil_To_India.html]]></guid><description><![CDATA[Saudi Arabia has agreed to double its crude oil exports to India in a  move that would reduce the Asian country's dependence on Iranian crude.Annual  Indian crude imports from the kingdom could rise to more than 800,000  barrels per day, an Indian of.....]]></description><pubDate>June 06,2011</pubDate></item><item><title><![CDATA[India Allows Duty-Free Import Of Goods From Afghanistan [June 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1105/India_Allows_Duty-Free_Import_Of_Goods_From_Afghanistan.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 Minist.....]]></description><pubDate>June 04,2011</pubDate></item><item><title><![CDATA[Iron Ore Exports From Karnataka May Resume Within 15 Days [June 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1106/Iron_Ore_Exports_From_Karnataka_May_Resume_Within_15_Days.html]]></guid><description><![CDATA[The iron ore exports from state is expected to restart within 15 days  time, said, H R Srinivasa, Karnataka's Department of Mines Director.This  statement came on the sidelines of a conference on iron ore. The state  makes up for nearly one-fourth of.....]]></description><pubDate>June 04,2011</pubDate></item><item><title><![CDATA[Ministerial Panel Could Approve Additional Cotton Exports [June 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1107/Ministerial_Panel_Could_Approve_Additional_Cotton_Exports.html]]></guid><description><![CDATA[A ministerial group likely to meet early next week could at long last  clear cotton exports over and above the already approved 5.5 m bales for  2010-11 (October-September cotton year), advantaging cotton farmers who  have yet to complete around 25% .....]]></description><pubDate>June 04,2011</pubDate></item><item><title><![CDATA[SME Units In Crisis Over Natural Rubber Supply [June 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1108/SME_Units_In_Crisis_Over_Natural_Rubber_Supply.html]]></guid><description><![CDATA[Unless a multi-faceted action plan is implemented to enhance natural  rubber (NR) production in the country, used industries will suffer due  to supply shortage. The production-consumption gap is increasing since  the last five years and there had be.....]]></description><pubDate>June 04,2011</pubDate></item><item><title><![CDATA[Govt Issues Export Release Orders For 3.39 Lakh Tonne Of Sugar [June 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1109/Govt_Issues_Export_Release_Orders_For_339_Lakh_Tonne_Of_Sugar.html]]></guid><description><![CDATA[The Food Ministry has issued export orders for 3.39 lakh tonnes of sugar  to mills so far, out of the total quantity of five lakh tonnes that the  government had allowed for overseas shipments, in April.Sugar mills cannot export the sweetener without.....]]></description><pubDate>June 04,2011</pubDate></item><item><title><![CDATA[Cardamom Exports May Rise As Local Prices Fall [June 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1110/Cardamom_Exports_May_Rise_As_Local_Prices_Fall.html]]></guid><description><![CDATA[Cardamom exports are looking up as the domestic market declines on  higher arrivals. Exporters are procuring cardamom from the auction  centers for the Ramadan demand from West Asia. Indian exports during the  last financial year had declined by 50% .....]]></description><pubDate>June 04,2011</pubDate></item><item><title><![CDATA[Coal India Gets 18 Bids For 360 mt Imports [June 03,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1099/Coal_India_Gets_18_Bids_For_360_mt_Imports.html]]></guid><description><![CDATA[Coal major to shortlist and strike a deal within five months.State-run  Coal India Ltd (CIL), has got 18 tenders from international companies  for long-term thermal coal offtake agreements. The Maharatna company  will shortlist and strike a deal from.....]]></description><pubDate>June 03,2011</pubDate></item><item><title><![CDATA[Israel, India Look To Hi-Tech As Trade Ties Expand [June 03,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1100/Israel_India_Look_To_Hi-Tech_As_Trade_Ties_Expand.html]]></guid><description><![CDATA[Israeli and Indian industry associations signed a memorandum of  understating on Wednesday aimed at spurring cross-border innovation and  entrepreneurship, as the two countries add high technology to their  growing network of trade and economic coope.....]]></description><pubDate>June 03,2011</pubDate></item><item><title><![CDATA[Indian Apparel Exports Rise 13% in April [June 03,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1101/Indian_Apparel_Exports_Rise_13%_in_April.html]]></guid><description><![CDATA[India&rsquo;s apparel exports touched a figure of one billion US dollars  during April 2011, registering a year-on-year rise of 13 percent over  US$ 972 million achieved in April 2010.This increase in  country&rsquo;s overall apparel exports can be a.....]]></description><pubDate>June 03,2011</pubDate></item><item><title><![CDATA[Cooking Oil Imports To Rise On Switch To Cotton [June 03,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1102/Cooking_Oil_Imports_To_Rise_On_Switch_To_Cotton.html]]></guid><description><![CDATA[Cooking oil imports by India, the biggest user after China, may rebound  next year as record prices prompt farmers to devote more area to cotton  than oilseeds, according to Govindlal G. Patel &ldquo;Farmers earned four  times more from cotton than o.....]]></description><pubDate>June 03,2011</pubDate></item><item><title><![CDATA[PHARMEXCIL To Hold Seminar On 'Export Promotion' In Kolkata On June 3 [June 03,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1103/PHARMEXCIL_To_Hold_Seminar_On_'Export_Promotion'_In_Kolkata_On_June_3.html]]></guid><description><![CDATA[Pharmaceutical Export Promotion Council (Pharmexcil) is organizing a one  day seminar&ndash;cum-interactive session on &lsquo;export promotion&rsquo; for the  pharma manufacturers and exporters of West Bengal on June 3 in Kolkata.The  seminar will he.....]]></description><pubDate>June 03,2011</pubDate></item><item><title><![CDATA[Draft Mineral Policy Of Orissa To Be Readied In a Month [June 03,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1104/Draft_Mineral_Policy_Of_Orissa_To_Be_Readied_In_a_Month.html]]></guid><description><![CDATA[Policy to focus on value addition, local area developmentThe  Orissa government proposes to come out with a state specific &lsquo;Mineral  Policy&rsquo; in line with the National Mineral Policy of the Government of  India (GoI).The draft of the polic.....]]></description><pubDate>June 03,2011</pubDate></item><item><title><![CDATA[Core Sector Loses Shine, Grows 5.2% [June 02,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1092/Core_Sector_Loses_Shine_Grows_52%.html]]></guid><description><![CDATA[The country's six key infrastructure industries grew 5.2% in April  compared to 7.5% in the same month last year as the impact of higher  interest rates and policy delays kicked in. The sector spanning crude,  petroleum refinery products , electricit.....]]></description><pubDate>June 02,2011</pubDate></item><item><title><![CDATA[Multi-brand FDI: Walmart, Carrefour & Tesco May Soon Open Stores In India Subject To Stringent Inves [June 02,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1093/Multi-brand_FDI_Walmart_Carrefour_&_Tesco_May_Soon_Open_Stores_In_India_Subject_To_Stringent_Inves.html]]></guid><description><![CDATA[Multinational retailers such as Walmart , Carrefour and Tesco may soon  be allowed to open stores in India subject to stringent investment  norms, sourcing conditions, and cap on number of outlets in big cities.  The Department of Industrial Policy a.....]]></description><pubDate>June 02,2011</pubDate></item><item><title><![CDATA[Carpet Exports Surge 19% in April [June 02,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1094/Carpet_Exports_Surge_19%_in_April.html]]></guid><description><![CDATA[According to the recently released Carpet Export Promotion Council  (CEPC) data, country&rsquo;s carpet exports have registered a year-on-year  rise of around 19 percent during April this year, due to soaring demand  from western markets.The exports .....]]></description><pubDate>June 02,2011</pubDate></item><item><title><![CDATA[India�s Trade Deficit Widens To $9 Billion In April [June 02,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1095/India�s_Trade_Deficit_Widens_To_$9_Billion_In_April.html]]></guid><description><![CDATA[India's exports showed a robust annual growth of 34.4 per cent to $23.9  billion in April, but exporters are not sure whether the trend can be  sustained in the wake of uncertainties in the global markets.Imports  grew at a lesser pace of 14.1 per ce.....]]></description><pubDate>June 02,2011</pubDate></item><item><title><![CDATA[India�s Trade Deficit Widens To $9 Billion In April [June 02,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1096/India�s_Trade_Deficit_Widens_To_$9_Billion_In_April.html]]></guid><description><![CDATA[India\'s exports showed a robust annual growth of 34.4 per cent to $23.9  billion in April, but exporters are not sure whether the trend can be  sustained in the wake of uncertainties in the global markets.Imports  grew at a lesser pace of 14.1 per c.....]]></description><pubDate>June 02,2011</pubDate></item><item><title><![CDATA[Move To Kill Substandard Drugs With Bar-Coding [June 02,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1097/Move_To_Kill_Substandard_Drugs_With_Bar-Coding.html]]></guid><description><![CDATA[The Union ministries of commerce and health have set themselves an  identical goal of putting in place a system whereby every package of  medicine (bottle, blister, vial) can be monitored under a system of  tracing and tracking, preferably using two .....]]></description><pubDate>June 02,2011</pubDate></item><item><title><![CDATA[Coffee Exports Rise On Bigger Harvest [June 02,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1098/Coffee_Exports_Rise_On_Bigger_Harvest.html]]></guid><description><![CDATA[Coffee exports from India, Asia&rsquo;s third-biggest producer, surged 44% in  eight months through May on a bigger crop, and as high prices spurred  sales by growers, the state-run Coffee Board said.Shipments  increased to 247,372 tonne between Octo.....]]></description><pubDate>June 02,2011</pubDate></item><item><title><![CDATA[Govt May Raise Cotton Export Quota [June 01,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1086/Govt_May_Raise_Cotton_Export_Quota.html]]></guid><description><![CDATA[GoM meets tomorrow, with agri and commerce ministeries wanting more and textile ministry less.The  department of commerce proposes to raise the cotton export quota by 1.5  million bales over and above the existing 5.5 million bales in the  group of m.....]]></description><pubDate>June 01,2011</pubDate></item><item><title><![CDATA[Production Cut By Textile Mills To Continue [June 01,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1087/Production_Cut_By_Textile_Mills_To_Continue.html]]></guid><description><![CDATA[The one-third production cut by spinning mills in the country, which  began on May 24, is likely to continue for another fortnight even as  there is slight improvement in yarn take off.After taking stock  of the situation of the week-long production .....]]></description><pubDate>June 01,2011</pubDate></item><item><title><![CDATA[INDIA: Government Panel Backs Extension Of FDI In Retail [June 01,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1088/INDIA_Government_Panel_Backs_Extension_Of_FDI_In_Retail.html]]></guid><description><![CDATA[An Indian government panel has reportedly recommended easing rules over foreign investment in the country's retail sector.An  inter-ministerial group on inflation put forward the proposal as part  of steps to temper inflation and cut down the margin .....]]></description><pubDate>June 01,2011</pubDate></item><item><title><![CDATA[India Allows Exporting 10,000 Tons Of Sugar To EU [June 01,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1089/India_Allows_Exporting_10000_Tons_Of_Sugar_To_EU.html]]></guid><description><![CDATA[The Indian government stated that the Government has approved of a trade organization exporting 10,000 tons of sugar to EU up to September of current year.The government said on the website that the state-operated Indian Sugar Exim Corp Ltd is design.....]]></description><pubDate>June 01,2011</pubDate></item><item><title><![CDATA[China Worried Over Falling Iron Ore Supplies From India [June 01,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1090/China_Worried_Over_Falling_Iron_Ore_Supplies_From_India.html]]></guid><description><![CDATA[Chinese companies are worried over the falling supply of iron ore from  India amid growing reluctance in government circles to encourage exports  without value addition.India recently raised export duty from  15% on lumps and 5% on fines to a uniform.....]]></description><pubDate>June 01,2011</pubDate></item><item><title><![CDATA[Govt Hints At Flexibility In WTO Talks In Line With FTAs [June 01,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1091/Govt_Hints_At_Flexibility_In_WTO_Talks_In_Line_With_FTAs.html]]></guid><description><![CDATA[India may agree in the WTO negotiations to cut tariff in specific  sectors in which the country is, any way, slashing duties under Free  Trade Agreements with different countries and blocs, a Commerce Ministry  official said today.In the government-i.....]]></description><pubDate>June 01,2011</pubDate></item><item><title><![CDATA[GoM To Decide On Cotton Exports On June 2 [May 31,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1080/GoM_To_Decide_On_Cotton_Exports_On_June_2.html]]></guid><description><![CDATA[The informal Group of Ministers (GoM) is likely to meet on June 2 to take a decision on the issue of increasing the limit of cotton exports from the current 5.5 million bales for the current season.

The group comprises Finance Minister Pranab Mukh.....]]></description><pubDate>May 31,2011</pubDate></item><item><title><![CDATA[PC For Higher Tax On Luxury Products [May 31,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1081/PC_For_Higher_Tax_On_Luxury_Products.html]]></guid><description><![CDATA[Home minister P Chidambaram has argued for higher taxes on luxury  products and has backed imposing inheritance tax to raise resources,  while expressing concern over the low tax-GDP ratio, according to the  minutes of the Planning Commission meeting.....]]></description><pubDate>May 31,2011</pubDate></item><item><title><![CDATA[Anti-Dumping Probe In India Down, Says Multilateral Report [May 31,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1082/Anti-Dumping_Probe_In_India_Down_Says_Multilateral_Report.html]]></guid><description><![CDATA[In sync with several other major economies, India initiated less number  of anti-dumping probes against imports between October, 2010 and April  2011, according to a joint report of the multilateral agencies.India  launched 15 anti-dumping investigat.....]]></description><pubDate>May 31,2011</pubDate></item><item><title><![CDATA[China Imposes Duty On Guar Exports [May 31,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1083/China_Imposes_Duty_On_Guar_Exports.html]]></guid><description><![CDATA[Guar gum exporters from India are at a distinct disadvantage. China has  imposed customs duty of 7% and 15% on guar exports from India, the  world's largest exporter. But import from Pakistan is duty free. This  preferential treatment is costing Indi.....]]></description><pubDate>May 31,2011</pubDate></item><item><title><![CDATA[Surplus Output To Hit Stainless Steel Industry [May 31,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1084/Surplus_Output_To_Hit_Stainless_Steel_Industry.html]]></guid><description><![CDATA[India&rsquo;s stainless steel industry may have 1.3 million tonnes of surplus  output by the end of next calendar year on the back of massive capacity  additions by domestic producers.According to N C Mathur,  president of the apex trade body, Indian.....]]></description><pubDate>May 31,2011</pubDate></item><item><title><![CDATA[Rupee Gains 10 Paise Against US Dollar In Early Trade [May 31,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1085/Rupee_Gains_10_Paise_Against_US_Dollar_In_Early_Trade.html]]></guid><description><![CDATA[The Indian rupee appreciated by 10 paise to Rs 44.98 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 ru.....]]></description><pubDate>May 31,2011</pubDate></item><item><title><![CDATA[Anti-Dumping Duty Stays On Chinese Filament Yarn [May 30,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1074/Anti-Dumping_Duty_Stays_On_Chinese_Filament_Yarn.html]]></guid><description><![CDATA[The government has decided to continue anti-dumping duty of up to $4.82  per kg on Viscose Filament Yarn till February, 2012 to protect the  domestic industry.The anti-dumping duty on viscose filament  yarn, used for home furnishing items, originatin.....]]></description><pubDate>May 30,2011</pubDate></item><item><title><![CDATA[FDI In Services Dips 22.5 Percent To $3.4 Billion In 2010-11 [May 30,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1075/FDI_In_Services_Dips_225_Percent_To_$34_Billion_In_2010-11.html]]></guid><description><![CDATA[Foreign direct investment (FDI) in India's services sector, which  contribute over 50 percent in the country's economic growth, declined by  22.5 percent to $3.4 billion in 2010-11, according to the industry  ministry's latest data.The services secto.....]]></description><pubDate>May 30,2011</pubDate></item><item><title><![CDATA[Modi Criticises Centre Over Ban On Cotton Export [May 30,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1076/Modi_Criticises_Centre_Over_Ban_On_Cotton_Export.html]]></guid><description><![CDATA[Gujarat Chief Minister Narendra Modi today criticised the Central  government for its "anti farmer" policies in context with the ban on  export of cotton."Despite pleas on lifting ban on export of  cotton made to Prime Minister Manmohan Singh several.....]]></description><pubDate>May 30,2011</pubDate></item><item><title><![CDATA[Keep Your Fingers Crossed, ComMin To Exporters On DEPB [May 30,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1077/Keep_Your_Fingers_Crossed_ComMin_To_Exporters_On_DEPB.html]]></guid><description><![CDATA[Commerce Ministry has asked exporters to "keep their fingers crossed" on  their demand for extension of the DEPB, a tax neutralisation scheme on  exports, beyond June 30.With the Revenue Department making it  clear that the window of the Duty Entitle.....]]></description><pubDate>May 30,2011</pubDate></item><item><title><![CDATA[India's Onion Exports Fell By Over 31% In 2010-11 [May 30,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1078/India's_Onion_Exports_Fell_By_Over_31%_In_2010-11.html]]></guid><description><![CDATA[India's onion export dropped by over 31 per cent in 2010-11 at 12.89  million tonnes as compared to the previous year due to damage to the  crop and ban on shipment in the later part following soaring of domestic  prices of the kitchen staple.India h.....]]></description><pubDate>May 30,2011</pubDate></item><item><title><![CDATA[Germany May Ask India For Rollback Of Duty On CKd Kits For Luxury Cars [May 30,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1079/Germany_May_Ask_India_For_Rollback_Of_Duty_On_CKd_Kits_For_Luxury_Cars.html]]></guid><description><![CDATA[Germany may ask India not to impose higher import duty on completely knocked down kits of luxury cars and SUVs.German  Finance Minister Wolfgang SchAuble, who is expected to accompany  Chancellor Angella Merkel on her India visit beginning Tuesday, i.....]]></description><pubDate>May 30,2011</pubDate></item><item><title><![CDATA[CAB May Reduce Cotton Consumption, Recommend Exports [May 28,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1063/CAB_May_Reduce_Cotton_Consumption_Recommend_Exports.html]]></guid><description><![CDATA[The Cotton Advisory Board (CAB) is expected to recommend further export  of cotton, on the back of surplus availability. A decision would be  taken after a meeting of various stakeholders next week.The CAB  is expected to show two million bales (one .....]]></description><pubDate>May 28,2011</pubDate></item><item><title><![CDATA[PMO Wants Telecom Equipment Import Norms By Month-End [May 28,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1064/PMO_Wants_Telecom_Equipment_Import_Norms_By_Month-End.html]]></guid><description><![CDATA[The Prime Minister's Office has asked the communication and home  ministries to ensure that new norms for import of telecom equipment is  in place by the month-end.The original deadline was October-end  2010, and the PMO in a May 20 communication to .....]]></description><pubDate>May 28,2011</pubDate></item><item><title><![CDATA[RBI Eases Norms On FDI By Firms For Ops Flexibility [May 28,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1065/RBI_Eases_Norms_On_FDI_By_Firms_For_Ops_Flexibility.html]]></guid><description><![CDATA[The Reserve Bank of India (RBI) on Friday relaxed norms for Indian  companies&rsquo; foreign direct investments by allowing listed companies to  write-off up to 25% of their stake in overseas joint ventures and wholly  owned subsidiaries while restru.....]]></description><pubDate>May 28,2011</pubDate></item><item><title><![CDATA[Implications Of Free Trade Agreements For Micro, Small And Medium Enterprises [May 28,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1066/Implications_Of_Free_Trade_Agreements_For_Micro_Small_And_Medium_Enterprises.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 28,2011</pubDate></item><item><title><![CDATA[Pepper Falls On Weak Exports [May 28,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1067/Pepper_Falls_On_Weak_Exports.html]]></guid><description><![CDATA[Pepper June delivery dropped Rs 112 and settled at Rs 29170/quintal tracking bearish cues from spot and on weak export demand.NCDEX  has introduced a special addition of 10% on all long side positions of  pepper. Higher India prices i.e. $6550 per to.....]]></description><pubDate>May 28,2011</pubDate></item><item><title><![CDATA[India, Italy To Set Up Joint Working Group To Strengthen Ties In Pharma Sector [May 28,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1068/India_Italy_To_Set_Up_Joint_Working_Group_To_Strengthen_Ties_In_Pharma_Sector.html]]></guid><description><![CDATA[India and Italy will set up a Joint Working Group (JWG) to boost the  bilateral relationship in the pharmaceutical sector as both countries  have identified pharma as a key area for collaboration in the coming  times.The modalities for forming the wo.....]]></description><pubDate>May 28,2011</pubDate></item><item><title><![CDATA[Copper, Nickel Strengthen On Global Cues [May 28,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1069/Copper_Nickel_Strengthen_On_Global_Cues.html]]></guid><description><![CDATA[Prices of copper and nickel strengthened by up to Rs 5 per kg in the  local non-ferrous metal market today on sustained buying by stockists on  the back of a firming trend at the London Metal Exchange (LME).Sentiments remained better as copper in Lon.....]]></description><pubDate>May 28,2011</pubDate></item><item><title><![CDATA[FY12 Growth Forecast Seen Revised Gownwards - Basu [May 28,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1070/FY12_Growth_Forecast_Seen_Revised_Gownwards_-_Basu.html]]></guid><description><![CDATA[I&#8203;ndia is likely to revise down its growth forecast for the current  fiscal year, currently 9 percent, a senior official said, which would  bring the government's view closer to the outlooks of private sector  economists.Early this month, the R.....]]></description><pubDate>May 28,2011</pubDate></item><item><title><![CDATA[Govt Raises ECB Limit To $30 Billion [May 28,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1071/Govt_Raises_ECB_Limit_To_$30_Billion.html]]></guid><description><![CDATA[The government has decided to raise the cumulative external commercial  borrowing (ECB) limit for companies by $10 billion, to $30 bn. A  notification is to follow.However, the ceiling for foreign  institutional investors in bonds floated by companie.....]]></description><pubDate>May 28,2011</pubDate></item><item><title><![CDATA[India's Forex Reserves At $308.534 Billion As of May 20 [May 28,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1072/India's_Forex_Reserves_At_$308534_Billion_As_of_May_20.html]]></guid><description><![CDATA[India's foreign exchange reserves rose to 308.534 billion as of May 20  from $307.493 billion in the previous week, the Reserve Bank of India  (RBI) said in its weekly statical supplement on Friday.Changes  in foreign currency assets, expressed in do.....]]></description><pubDate>May 28,2011</pubDate></item><item><title><![CDATA[Volatile Raw Material Prices Hit Brass Parts Industry In India [May 28,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1073/Volatile_Raw_Material_Prices_Hit_Brass_Parts_Industry_In_India.html]]></guid><description><![CDATA[BS reported that 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 INR 250 per kilogram to INR  300 per kilogram in past 5 mont.....]]></description><pubDate>May 28,2011</pubDate></item><item><title><![CDATA[Duty-Free Apparel Import Quota From Bangladesh Raised [May 27,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1057/Duty-Free_Apparel_Import_Quota_From_Bangladesh_Raised.html]]></guid><description><![CDATA[The government has increased the duty-free import quota for garments from Bangladesh by two million pieces to 10 million.India  provides duty exemption on apparels imported into the country from  Bangladesh under South Asian Free Trade Area (SAFTA) a.....]]></description><pubDate>May 27,2011</pubDate></item><item><title><![CDATA[Rupee Gains 12 Paise Versus Dollar [May 27,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1058/Rupee_Gains_12_Paise_Versus_Dollar.html]]></guid><description><![CDATA[The Indian rupee gained another 12 paise to Rs. 45.18 per US dollar in  early trade on Friday on sustained selling of dollars by banks and  exporters amid dollar weakness overseas and firm domestic equity  markets.At the Interbank Foreign Exchange, t.....]]></description><pubDate>May 27,2011</pubDate></item><item><title><![CDATA[Macroeconomic Indicators - India Gets FDI Worth over USD 3 Billion In Jan March Period [May 27,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1059/Macroeconomic_Indicators_-_India_Gets_FDI_Worth_over_USD_3_Billion_In_Jan_March_Period.html]]></guid><description><![CDATA[FE reported that India received foreign direct investment worth USD 3.39  billion during January to March 2011 period, down by 32% YoY. In  January to March 2010 period, the country received FDI worth USD 4.96  billion.According to experts, the gover.....]]></description><pubDate>May 27,2011</pubDate></item><item><title><![CDATA[Guarseed Falls On Selling Pressure [May 27,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1060/Guarseed_Falls_On_Selling_Pressure.html]]></guid><description><![CDATA[Guarseed and Guargum futures witnessed selling at resistance levels and  settled 0.78% and 1.49% lower on Thursday owing lacklustre trades at the  domestic mandi.A record export during the FY 2010-11 is the  only factor that is supporting the bullish.....]]></description><pubDate>May 27,2011</pubDate></item><item><title><![CDATA[Govt to create awareness about fertiliser monitoring [May 27,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1061/Govt_to_create_awareness_about_fertiliser_monitoring.html]]></guid><description><![CDATA[The government will soon create an awareness programme to popularise an  online Fertiliser Monitoring System (FMS) that checks illegal sale and  black marketing of crop nutrients.The Fertiliser Monitoring  System (FMS), launched in 2007, tracks movem.....]]></description><pubDate>May 27,2011</pubDate></item><item><title><![CDATA[Centre Plans To Relaunch Interest Rate Subsidy For SME Exporters [May 27,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1062/Centre_Plans_To_Relaunch_Interest_Rate_Subsidy_For_SME_Exporters.html]]></guid><description><![CDATA[Centre is planning to bring back the interest rate subsidy regime for  the small and medium enterprises(SME) and labour-intensive exporters  since many export promotion schemes are on the verge of ending.The  government may reintroduce the 2% interes.....]]></description><pubDate>May 27,2011</pubDate></item><item><title><![CDATA[G20 Members Lowers Anti-Dumping Duty Initiations in Oct Apr [May 26,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1051/G20_Members_Lowers_Anti-Dumping_Duty_Initiations_in_Oct_Apr.html]]></guid><description><![CDATA[Global economic crisis did not result in a spurt in anti-dumping duty  investigations as was widely anticipated, says a report on G20 trade and  investment.The report said that when the financial crisis began  in 2008, it was widely anticipated that .....]]></description><pubDate>May 26,2011</pubDate></item><item><title><![CDATA[Govt Extends Deadline For Sugar Export Licence For Mills [May 26,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1052/Govt_Extends_Deadline_For_Sugar_Export_Licence_For_Mills.html]]></guid><description><![CDATA[The government has extended the deadline for sugar mills to seek  permission to export sugar from their own production of 2010-11 by  fifteen days.The deadline for mills to seek the food ministry&rsquo;s  permission for allowing export ended on May 1.....]]></description><pubDate>May 26,2011</pubDate></item><item><title><![CDATA[Talks On Potash Supply To India Continue To Fail [May 26,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1053/Talks_On_Potash_Supply_To_India_Continue_To_Fail.html]]></guid><description><![CDATA[Negotiations in Montreal this week have failed to settle a pricing  dispute between potash producers and India, and both sides continue to  signal that they will not back down.The International Fertilizer  Industry Association&rsquo;s (IFA) annual co.....]]></description><pubDate>May 26,2011</pubDate></item><item><title><![CDATA[DEPB Scheme Withdrawal Puts Indian Exporters At Disadvantage [May 26,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1054/DEPB_Scheme_Withdrawal_Puts_Indian_Exporters_At_Disadvantage.html]]></guid><description><![CDATA[The finance ministry made known recently that since the government is  incurring a loss of INR 8,000 crore on account of the tax rebate DEPB scheme each year, it will not be extended beyond June 30th 2011.While  the decision would help the government.....]]></description><pubDate>May 26,2011</pubDate></item><item><title><![CDATA[India�s Yarn Output Cut Will Not Hurt Exports [May 26,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1055/India�s_Yarn_Output_Cut_Will_Not_Hurt_Exports.html]]></guid><description><![CDATA[Indian yarn exports will not be affected despite spinning mills cutting  production to prop up price and demand, after facing sluggish business  recently.Indian spinning mills went on a nationwide protest last  Monday and decided to cut production to.....]]></description><pubDate>May 26,2011</pubDate></item><item><title><![CDATA[Rupee gains 4 paise against US dollar in early trade [May 26,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1056/Rupee_gains_4_paise_against_US_dollar_in_early_trade.html]]></guid><description><![CDATA[The Indian rupee appreciated by 4 paise to Rs 45.28 per dollar at the  Interbank Foreign Exchange on Thursday, supported by a higher opening in  the stock market and dollar weakness against the euro and other Asian  currencies.The rupee had declined .....]]></description><pubDate>May 26,2011</pubDate></item><item><title><![CDATA[Commerce Ministry Backs Incentive Plan For Exporters [May 25,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1045/Commerce_Ministry_Backs_Incentive_Plan_For_Exporters.html]]></guid><description><![CDATA[The commerce ministry will approach the finance ministry with a proposal  to create an incentive-based system to aid exporters after the Duty  Entitlement Passbook (DEPB) scheme expires on 30 June. The finance  ministry has announced that the DEPB sc.....]]></description><pubDate>May 25,2011</pubDate></item><item><title><![CDATA[Govt Should Not Withdraw DEPB Scheme: PHD [May 25,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1046/Govt_Should_Not_Withdraw_DEPB_Scheme_PHD.html]]></guid><description><![CDATA[The government should not withdraw tax refund DEPB scheme, which is  ending in June,as it will make exports uncompetitive and would affect  the growth momentum, industry body PHD Chamber said today.Exporters  get refund of duties on import content of.....]]></description><pubDate>May 25,2011</pubDate></item><item><title><![CDATA[India''s Tea Imports In Jan-Mar 2011 Decline By 16 pc [May 25,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1047/India''s_Tea_Imports_In_Jan-Mar_2011_Decline_By_16_pc.html]]></guid><description><![CDATA[India''s tea imports in the first quarter of this calender year declined  by almost 16 per cent to 4.23 million kg, according to the Tea Board  data.The country had imported 5.02 million kg of tea in the January-March 2010 period.While  imports from .....]]></description><pubDate>May 25,2011</pubDate></item><item><title><![CDATA[Govt To Allow Extra Export Of 1.5 mn bls Of Cotton [May 25,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1048/Govt_To_Allow_Extra_Export_Of_15_mn_bls_Of_Cotton.html]]></guid><description><![CDATA[Under pressure to ease quantity restrictions imposed on cotton exports,  the government is likely to allow further shipment of 1.5 million bales  in the current season, sources said.Earlier, the government had  allowed the export of only 5.5 million .....]]></description><pubDate>May 25,2011</pubDate></item><item><title><![CDATA[No Customs, Excise Duty Rollback On Oil [May 25,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1049/No_Customs_Excise_Duty_Rollback_On_Oil.html]]></guid><description><![CDATA[Government on Tuesday virtually ruled out any cut in customs duty on  crude oil import and excise duty reduction in petroleum products that  could have saved common man from raising prices of petroleum products.&ldquo;Any  rollback of customs duty on.....]]></description><pubDate>May 25,2011</pubDate></item><item><title><![CDATA[Rupee Down 10 Paise Against U.S. Dollar In Early Trade [May 25,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1050/Rupee_Down_10_Paise_Against_US_Dollar_In_Early_Trade.html]]></guid><description><![CDATA[The Indian rupee lost 10 paise to Rs. 45.31 per U.S. dollar in early  trade on the Interbank Foreign Exchange on Wednesday, weighed down by  dollar gains against the euro and other currencies overseas.Forex  dealers said strengthening of the dollar a.....]]></description><pubDate>May 25,2011</pubDate></item><item><title><![CDATA[Govt Plans To Raise FDI Cap In DTH, IPTV And FM [May 24,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1039/Govt_Plans_To_Raise_FDI_Cap_In_DTH_IPTV_And_FM.html]]></guid><description><![CDATA[The information and broadcasting ministry has proposed to increase  foreign direct investment limit across media platforms -- in direct-to  home, internet protocol TV (IPTV), multi-system operators and FM radio  -- to bring in consistency, according .....]]></description><pubDate>May 24,2011</pubDate></item><item><title><![CDATA[Govt To Take View On Exports After Finalising Food Bill [May 24,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1040/Govt_To_Take_View_On_Exports_After_Finalising_Food_Bill.html]]></guid><description><![CDATA[Agriculture minister Sharad Pawar Monday said the government will take a  final view on lifting the export ban on wheat and non-basmati rice  after assessing foodgrains requirement under the proposed National Food  Security Act.Last month, Pawar had .....]]></description><pubDate>May 24,2011</pubDate></item><item><title><![CDATA[Electrical Equipment Sector Grows 14% [May 24,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1041/Electrical_Equipment_Sector_Grows_14%.html]]></guid><description><![CDATA[The growth represents an absolute increase in output over last financial  year and may differ from the growth in value terms, according to the  Indian Electrical and Electronics Manufacturers' Association (IEEMA).IEEMA,  the apex Indian industry asso.....]]></description><pubDate>May 24,2011</pubDate></item><item><title><![CDATA[Beans And Pulses Prices Slip On Reduced India Demand: traders [May 24,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1042/Beans_And_Pulses_Prices_Slip_On_Reduced_India_Demand_traders.html]]></guid><description><![CDATA[PRICES of two major beans and pulses varieties have fallen quickly since  mid-April, a Myanmar Beans, Pulses and Sesame Merchants Association  official said last week.U Min Ko Oo, the association&rsquo;s  secretary, said matpe and toor prices, also k.....]]></description><pubDate>May 24,2011</pubDate></item><item><title><![CDATA[Huge Jump In Yarn Prices To Blame: Garment Makers [May 24,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1043/Huge_Jump_In_Yarn_Prices_To_Blame_Garment_Makers.html]]></guid><description><![CDATA[Terming spinning mills' assertion that the reason for the slump in  cotton yarn prices and demand was due to restrictions imposed by the  government on exports as "unfounded and baseless", garment makers said  that the unprecedented hike in yarn pric.....]]></description><pubDate>May 24,2011</pubDate></item><item><title><![CDATA[Book Exports Exempted From Archaic Act [May 24,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1044/Book_Exports_Exempted_From_Archaic_Act.html]]></guid><description><![CDATA[A rule put in place immediately after the first war of Indian  independence in 1857 looked like it would come in the way of India&rsquo;s  emerging reputation as an offshore destination for publishing, but the  story has ended well with the governmen.....]]></description><pubDate>May 24,2011</pubDate></item><item><title><![CDATA[India Imposes Anti-Dumping Duty on Thai, Japanese Chemical [May 20,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1033/India_Imposes_Anti-Dumping_Duty_on_Thai_Japanese_Chemical.html]]></guid><description><![CDATA[India has imposed anti-dumping duty of up to USD 94.96 per tonne on  imports of a chemical mainly used in pharmaceuticals,from Japan and  Thailand to protect domestic players.The restrictive duty on import of 'acetone' would be imposed for a period o.....]]></description><pubDate>May 20,2011</pubDate></item><item><title><![CDATA[India Dubai's Biggest Trade Partner In Jan-Feb [May 20,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1034/India_Dubai's_Biggest_Trade_Partner_In_Jan-Feb.html]]></guid><description><![CDATA[India was Dubai's main import, export and re-export trading partner for  the first two months of 2011, while the emirate's non-petroleum direct  international trade shot up 31 percent to 113 billion dirhams ($30  billion) compared to 86 billion dirha.....]]></description><pubDate>May 20,2011</pubDate></item><item><title><![CDATA[India's Iron Ore Exports To Remain On Track [May 20,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1035/India's_Iron_Ore_Exports_To_Remain_On_Track.html]]></guid><description><![CDATA[India's iron ore exports may have got into trouble with a 20 per cent  increase in export taxes but the biggest re-construction exercise in  quake ravaged Japan is making amends to this deficit in profit to the  companies engaged in exports.With rapi.....]]></description><pubDate>May 20,2011</pubDate></item><item><title><![CDATA[Domestic Market Beckons Garment Exporters [May 20,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1036/Domestic_Market_Beckons_Garment_Exporters.html]]></guid><description><![CDATA[With currency fluctuations, growing demand for apparels within the  country and gradual inflow of FDI, conventional garment exporters like  Gokaldas Exports and Go Go International Pvt. Ltd. are increasing their  exposure to domestic market."There ha.....]]></description><pubDate>May 20,2011</pubDate></item><item><title><![CDATA[Drug Exporters Need More Time To Implement Barcode: Pharmexcil [May 20,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1037/Drug_Exporters_Need_More_Time_To_Implement_Barcode_Pharmexcil.html]]></guid><description><![CDATA[Although the Union commerce ministry&rsquo;s decision to implement the barcode  system (1D /2D barcode ) for pharmaceutical exports from July 1 is  appreciable in terms of brand India promotion, industry sources feel  that the time given for the expo.....]]></description><pubDate>May 20,2011</pubDate></item><item><title><![CDATA[Imports Rise 9.6% To 286 Tonne [May 20,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1038/Imports_Rise_96%_To_286_Tonne.html]]></guid><description><![CDATA[Gold imports by India, the world&rsquo;s largest bullion consumer, gained 9.6%  in the first quarter as demand for jewellery advanced to the strongest  in 10 quarters, the World Gold Council said on Thursday.Imports  increased to 286 tonne in the thr.....]]></description><pubDate>May 20,2011</pubDate></item><item><title><![CDATA[DEPB Scheme To End On June 30: Mitra [May 19,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1027/DEPB_Scheme_To_End_On_June_30_Mitra.html]]></guid><description><![CDATA[The finance ministry said on Wednesday the tax rebate scheme DEPB would not be extended beyond June 30, as the government is losing  R8,000 crore on account of it each year. The decision would help the  government to shore up its revenues but corpora.....]]></description><pubDate>May 19,2011</pubDate></item><item><title><![CDATA[EU FTA May Cut Tariff On Imported Vehicles [May 19,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1028/EU_FTA_May_Cut_Tariff_On_Imported_Vehicles.html]]></guid><description><![CDATA[India's proposed free trade agreement with the European Union could  include tariff reduction on import of vehicles as well as automotive  components. If it does, it will be a first since India's FTAs with other  auto hubs like Japan, Korea and Thail.....]]></description><pubDate>May 19,2011</pubDate></item><item><title><![CDATA[Trade With Italy Set To Get a Boost [May 19,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1029/Trade_With_Italy_Set_To_Get_a_Boost.html]]></guid><description><![CDATA[Trade between India and Italy is set to reach $17.5 billion by 2014.Joel Melchiori, consul-general of Italy, believes if last year&rsquo;s growth is sustained, trade volume will grow in the future.Italy is among the top five trading partners in Europ.....]]></description><pubDate>May 19,2011</pubDate></item><item><title><![CDATA[CBEC Tightens Norms For Project Imports [May 19,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1030/CBEC_Tightens_Norms_For_Project_Imports.html]]></guid><description><![CDATA[The Central Board of Excise and Customs (CBEC) has tightened the norms  for project imports based on the observations made in the audit review  of the Comptroller and Auditor General of India (CAG) on the working of  project imports scheme.The new no.....]]></description><pubDate>May 19,2011</pubDate></item><item><title><![CDATA[India: Govt Cuts Export Price Of Two Superior Varieties Of Onions [May 19,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1031/India_Govt_Cuts_Export_Price_Of_Two_Superior_Varieties_Of_Onions.html]]></guid><description><![CDATA[The government today slashed the minimum export price (MEP) of two  superior varieties of onions sharply by USD 250 to USD 350 per tonne.  "Minimum Export Price (MEP) of Bangalore Rose Onions and Krishnapuram  onions will be USD 350 per tonnes," Dire.....]]></description><pubDate>May 19,2011</pubDate></item><item><title><![CDATA[Rupee Gains 10 Paise Against US Dollar In Early Trade [May 19,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1032/Rupee_Gains_10_Paise_Against_US_Dollar_In_Early_Trade.html]]></guid><description><![CDATA[The Indian rupee appreciated by 10 paise to Rs 44.95 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 strengthened b.....]]></description><pubDate>May 19,2011</pubDate></item><item><title><![CDATA[India Allows Shipment Of Over 155,000 Tonnes Of Sugar News [May 18,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1021/India_Allows_Shipment_Of_Over_155000_Tonnes_Of_Sugar_News.html]]></guid><description><![CDATA[The ministry of food and public distribution has issued release orders  allowing shipment of 155,816 tonnes of sugar out of the total quantity  of 500,000 tonnes of sugar exports allowed in the current season.The  food ministry allowed 155 mills to e.....]]></description><pubDate>May 18,2011</pubDate></item><item><title><![CDATA[Engineering Goods Fuel Trade, To Help Attain $500-bn Export Target [May 18,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1022/Engineering_Goods_Fuel_Trade_To_Help_Attain_$500-bn_Export_Target.html]]></guid><description><![CDATA[The Indian economy is forsaking its emerging market tag. Bearing  testimony to this is the changing composition of the country&rsquo;s export  basket with the share of high-tech products in it on a constant rise.  India&rsquo;s export basket, therefo.....]]></description><pubDate>May 18,2011</pubDate></item><item><title><![CDATA[Gujarat Demands Increase In Cotton Export Quota [May 18,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1023/Gujarat_Demands_Increase_In_Cotton_Export_Quota.html]]></guid><description><![CDATA[Gujarat agriculture minister Dilip Sanghani today said the cotton prices  in the country has fallen due to the "anti-farmer" export policies of  the Central government."The union textile ministry is trying to  protect the textile lobby of south India.....]]></description><pubDate>May 18,2011</pubDate></item><item><title><![CDATA[Rupee Up 9 Paise Against US Dollar In Early Trade [May 18,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1024/Rupee_Up_9_Paise_Against_US_Dollar_In_Early_Trade.html]]></guid><description><![CDATA[The Indian rupee strengthened by 9 paise to Rs 45.06 against the US  dollar in early trade on the Interbank Foreign Exchange on Wednesday,  largely in line with other stronger Asian currencies overseas and a  higher opening in the stock market.The ru.....]]></description><pubDate>May 18,2011</pubDate></item><item><title><![CDATA[Japan Will Accelerate Its Indian Imports As The Rebuilding Process [May 18,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1025/Japan_Will_Accelerate_Its_Indian_Imports_As_The_Rebuilding_Process.html]]></guid><description><![CDATA[As for the massive results that caused by the devastating quake that hit  the nation on March 11, the Japanese economy will increase its iron ore  imports from India as the rebuilding process.Moreover, the  increases in exports of items ranging from .....]]></description><pubDate>May 18,2011</pubDate></item><item><title><![CDATA[Anand Sharma Seeks Interest Relief For Exporters [May 18,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1026/Anand_Sharma_Seeks_Interest_Relief_For_Exporters.html]]></guid><description><![CDATA[The commerce department will soon ask the finance ministry to  re-introduce interest rate subvention or discount scheme for certain  category of exporters to make cheaper funds available.The  country's biggest lender, State Bank of India , has raised.....]]></description><pubDate>May 18,2011</pubDate></item><item><title><![CDATA[Free Trade Pact With EU Likely To Include Auto [May 17,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1015/Free_Trade_Pact_With_EU_Likely_To_Include_Auto.html]]></guid><description><![CDATA[India's proposed free trade agreement (FTA) with the European Union  could include tariff reduction on import of vehicles as well as  automotive components. If it does, it will be a first since India's FTAs  with other auto hubs like Japan, Korea and.....]]></description><pubDate>May 17,2011</pubDate></item><item><title><![CDATA[India-Made Electronic Hardware To Get Preference In Govt Buys [May 17,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1016/India-Made_Electronic_Hardware_To_Get_Preference_In_Govt_Buys.html]]></guid><description><![CDATA[The government is considering a radical proposal to shore up electronic  manufacturing capabilities in the country. Several ministries are  firming up a plan to mandate that 30% value terms for all government  procurement should be 'Made in India' or.....]]></description><pubDate>May 17,2011</pubDate></item><item><title><![CDATA[Natural Rubber Output May Rise 4.6%, Says Board [May 17,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1017/Natural_Rubber_Output_May_Rise_46%_Says_Board.html]]></guid><description><![CDATA[The Rubber Board has projected an increase of 4.6 per cent in natural  rubber (NR) output at 902,000 tonnes for the current financial year as  against 861,950 tonnes in 2010-11. According to the board, total  domestic consumption of NR would be 977,0.....]]></description><pubDate>May 17,2011</pubDate></item><item><title><![CDATA[Centre May Permit Rice Export To Foreign Countries: Thomas [May 17,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1018/Centre_May_Permit_Rice_Export_To_Foreign_Countries_Thomas.html]]></guid><description><![CDATA[The Union Minister said modernisation and mechanisation of Food  Corporation of India was going on while all its godowns have been  computerised. Henceforth, all payments of over Rs one lakh by the FCI  would be through electronic transfer and not th.....]]></description><pubDate>May 17,2011</pubDate></item><item><title><![CDATA[India-Asean FTA To Strengthen Trade Dependence [May 17,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1019/India-Asean_FTA_To_Strengthen_Trade_Dependence.html]]></guid><description><![CDATA[The free trade agreement on goods between India and the Association of  Southeast Asian Nations (Asean) is expected to strengthen the trade  dependence once the deal is implemented, said a study by Ficci and  Deloitte,In fact, India stands to gain in.....]]></description><pubDate>May 17,2011</pubDate></item><item><title><![CDATA[Bumper Rabi Onion Crop And Low Exports Pull Down Prices [May 17,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1020/Bumper_Rabi_Onion_Crop_And_Low_Exports_Pull_Down_Prices.html]]></guid><description><![CDATA[A bumper rabi onion harvest and lower volume of exports because of high  minimum export price (MEP) have been pulling down the retail prices of  the vegetable over the last few weeks. But it could be a different  picture entirely in the next season.W.....]]></description><pubDate>May 17,2011</pubDate></item><item><title><![CDATA[DEPB Expiry May Hit Major Exporters More [May 16,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1009/DEPB_Expiry_May_Hit_Major_Exporters_More.html]]></guid><description><![CDATA[The finance ministry&rsquo;s decision to end the popular Duty Entitlement  Passbook Scheme (DEPB) may primarily hurt big companies like Bajaj Auto,  Reliance Industries and Dr Reddy&rsquo;s Laboratories, compared to smaller  exporters, as major expor.....]]></description><pubDate>May 16,2011</pubDate></item><item><title><![CDATA[Groundnut Production To Rise This Summer [May 16,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1010/Groundnut_Production_To_Rise_This_Summer.html]]></guid><description><![CDATA[The Indian Oilseeds and Produce Export Promotion Council (IOPEPC) has  estimated the summer groundnut production in Gujarat to be at around  2.71 lakh tonne as against 1.29 lakh tonne last year, which is higher by  110 percent.In addition to this, th.....]]></description><pubDate>May 16,2011</pubDate></item><item><title><![CDATA[India Weighs Priorities On Food Exports [May 16,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1011/India_Weighs_Priorities_On_Food_Exports.html]]></guid><description><![CDATA[Grain bins in India  are overflowing and the forecast for a normal monsoon promises another  bumper crop, but political disagreement about a bill to secure food  rights for the poor means the country is expected to steer clear of  large-scale exports.....]]></description><pubDate>May 16,2011</pubDate></item><item><title><![CDATA[STC, PEC Invite Export Bids For Wheat And Rice To Bangladesh [May 16,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1012/STC_PEC_Invite_Export_Bids_For_Wheat_And_Rice_To_Bangladesh.html]]></guid><description><![CDATA[Government-run trading agencies STC and PEC have invited bids for export  of 3 lakh tonne of non-basmati rice and 2 lakh tonne of wheat to  Bangladesh.Although India has banned export of wheat since 2007  and export of non-basmati rice from April 200.....]]></description><pubDate>May 16,2011</pubDate></item><item><title><![CDATA[India, China Dominate UAE Trade [May 16,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1013/India_China_Dominate_UAE_Trade.html]]></guid><description><![CDATA[India and China maintained their position as the dominant trading  partners of the UAE in 2010, controlling more than a third of the  country's total non-oil commercial exchange.The two countries  retained that position despite a 14 per cent increase.....]]></description><pubDate>May 16,2011</pubDate></item><item><title><![CDATA[India, Tajikistan To Discuss Recognition Of US, EU Registration To Indian Medicines [May 16,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1014/India_Tajikistan_To_Discuss_Recognition_Of_US_EU_Registration_To_Indian_Medicines.html]]></guid><description><![CDATA[India will press Tajikistan, a significant market for Indian medicines,  to make recognition of United States and European Union registrations  and approvals valid for the Indian exporters, as in the case of other  CIS countries.This will be taken up.....]]></description><pubDate>May 16,2011</pubDate></item><item><title><![CDATA[Govt Forms Panel To Review Deemed Exports Policy [May 14,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1003/Govt_Forms_Panel_To_Review_Deemed_Exports_Policy.html]]></guid><description><![CDATA[The government today said it has formed an expert committee to review  deemed exports policy where there have been incidents of misuse of the  scheme.Deemed exports refer to those transactions in which goods  supplied to the users do not leave the co.....]]></description><pubDate>May 14,2011</pubDate></item><item><title><![CDATA[Cardamom Prices Plunges To 75 Tonnes in FY10-11 [May 14,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1004/Cardamom_Prices_Plunges_To_75_Tonnes_in_FY10-11.html]]></guid><description><![CDATA[The import of cardamom from Guatemala, US, is not very significant as  per the data of Spices Board of India and that the prices of cardamom  has shown a decline in the last few days with no specific reason.&ldquo;Spices  Board is closely monitoring .....]]></description><pubDate>May 14,2011</pubDate></item><item><title><![CDATA[Govt Giving Finishing Touches To Retail FDI [May 14,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1005/Govt_Giving_Finishing_Touches_To_Retail_FDI.html]]></guid><description><![CDATA[The government is believed to be giving final touches to the proposal  for allowing foreign direct investment (FDI) in multibrand retail, in a  decision to go ahead with its reform agenda. However, in order to not  incite large-scale protest and oppo.....]]></description><pubDate>May 14,2011</pubDate></item><item><title><![CDATA[Forex Reserves Suffer Heavy Fall, Down By $3.98-bn [May 14,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1006/Forex_Reserves_Suffer_Heavy_Fall_Down_By_$398-bn.html]]></guid><description><![CDATA[Country's forex reserves fell by a staggering $3.98-billion to  $309.54-billion on the back of a heavy fall in the foreign currency  assets.The foreign exchange had surged by $3.81-billion to $313.51-billion in the previous reporting week.Foreign  cu.....]]></description><pubDate>May 14,2011</pubDate></item><item><title><![CDATA[EU Revives Threat of Duties on Indian Stainless Steel Fasteners [May 14,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1007/EU_Revives_Threat_of_Duties_on_Indian_Stainless_Steel_Fasteners.html]]></guid><description><![CDATA[The European Union revived a threat to impose tariffs on screws and  bolts from India, saying EU producers may be victims of subsidies and  price undercutting.The EU opened probes into whether Indian  manufacturers of stainless steel fasteners receiv.....]]></description><pubDate>May 14,2011</pubDate></item><item><title><![CDATA[Govt Should Take Immediate Steps To Boost Pharma Exports From SME sector: Pharmexcil [May 14,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1008/Govt_Should_Take_Immediate_Steps_To_Boost_Pharma_Exports_From_SME_sector_Pharmexcil.html]]></guid><description><![CDATA[It is a curse for the small and medium scale pharmaceutical industries  in India that they remain neglected even though they provide quality  medicines at competitive prices for the domestic and international  markets. One reason for the neglect is t.....]]></description><pubDate>May 14,2011</pubDate></item><item><title><![CDATA[Exports Rise 34% in April To $24 bn [May 13,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/997/Exports_Rise_34%_in_April_To_$24_bn.html]]></guid><description><![CDATA[The new financial year started on a strong note for Indian exports, which grew 34.4% in April to $23.9 billion, but the government warned of tough months ahead. What may be another worrying signal is a 14.1% rise in imports to $32.8 billion although .....]]></description><pubDate>May 13,2011</pubDate></item><item><title><![CDATA[Govt Asks Exporters To Live Without Tax Refund DEPB Scheme [May 13,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/998/Govt_Asks_Exporters_To_Live_Without_Tax_Refund_DEPB_Scheme.html]]></guid><description><![CDATA[Commerce Ministry today send out a message to exporters that their "noise" over discontinuation of tax refund scheme-DEPB from June is not likely to be heard by the government.However, it will take up with the Finance Ministry a proposal for increasi.....]]></description><pubDate>May 13,2011</pubDate></item><item><title><![CDATA[Rubber Exports Bounce To Record Level On High Demand [May 13,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/999/Rubber_Exports_Bounce_To_Record_Level_On_High_Demand.html]]></guid><description><![CDATA[The quality of the country's natural rubber exports must improve in order to be competitive in the global market, which has high demand for the product, experts said at a conference organised by the Viet Nam Rubber Association in HCM City yesterday.D.....]]></description><pubDate>May 13,2011</pubDate></item><item><title><![CDATA[Rupee Up 2 Paise Against U.S. Dollar In Early Trade [May 13,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1000/Rupee_Up_2_Paise_Against_US_Dollar_In_Early_Trade.html]]></guid><description><![CDATA[The Indian rupee strengthened by 2 paise to Rs 44.97 per dollar in early trade on the Interbank Foreign Exchange today, supported by a higher opening in the stock market.However, dollar gains against other Asian currencies capped the rupee&rsquo;s ri.....]]></description><pubDate>May 13,2011</pubDate></item><item><title><![CDATA[Now, Online Registration Must For Agri Exporters [May 13,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1001/Now_Online_Registration_Must_For_Agri_Exporters.html]]></guid><description><![CDATA[The Uniongovernment has made it mandatory for exporters of agricultural produce to secure an online registration code. The move will help generate daily reports of every exportable commodity, its destination as well as value, enabling the Union gover.....]]></description><pubDate>May 13,2011</pubDate></item><item><title><![CDATA[Ayurvedic Cos Averse To Compulsory Barcoding [May 13,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1002/Ayurvedic_Cos_Averse_To_Compulsory_Barcoding.html]]></guid><description><![CDATA[Ayurvedic drug manufacturers are pressing for exemption from the Union health ministry's proposed barcoding scheme saying that the ayurvedic products exported from the country are mainly nutraceutical products or dietary supplements.The Directorate G.....]]></description><pubDate>May 13,2011</pubDate></item><item><title><![CDATA[FDI In LLP Firms Gets Cabinet Nod [May 12,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/991/FDI_In_LLP_Firms_Gets_Cabinet_Nod.html]]></guid><description><![CDATA[The Cabinet Committee on Economic Affairs ( CCEA) on Wednesday allowed foreign direct investment (FDI) in limited liability partnership (LLP) firms. A government statement said FDI in LLPs would be implemented in a calibrated manner, beginning with t.....]]></description><pubDate>May 12,2011</pubDate></item><item><title><![CDATA[Rubber And Tyre Industry Bodies Call For Duty-Free Import Of NR [May 12,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/992/Rubber_And_Tyre_Industry_Bodies_Call_For_Duty-Free_Import_Of_NR.html]]></guid><description><![CDATA[Natural rubber (NR) consuming industries have urged the Union government to allow duty free import of 200,000 tonnes of rubber on Tariff Rate Quota (TRQ) basis and 5,000 tonnes of latex in this financial year in order to bridge the gap between domest.....]]></description><pubDate>May 12,2011</pubDate></item><item><title><![CDATA[U.S. Should Pursue Free Trade Agreement with India [May 12,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/993/US_Should_Pursue_Free_Trade_Agreement_with_India.html]]></guid><description><![CDATA[Industry group MAPI says that U.S. engagement in the Indian economy is relatively small and could shrink even more proportionally as others increase. With growth in India projected at 8% to 10% and trade growth in the 20% to 40% range, industry group.....]]></description><pubDate>May 12,2011</pubDate></item><item><title><![CDATA[EU: Russia, Argentina Could Lose Duty Concessions [May 12,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/994/EU_Russia_Argentina_Could_Lose_Duty_Concessions.html]]></guid><description><![CDATA[Russia, Argentina and Uruguay are among almost 100 countries expected to lose tariff breaks for their food exports to the EU under planned reform of the bloc's Generalised System of Preferences (GSP) system.The GSP system lowers EU import duties for .....]]></description><pubDate>May 12,2011</pubDate></item><item><title><![CDATA[Coal India Set To Finalize 10-Year Import Contract [May 12,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/995/Coal_India_Set_To_Finalize_10-Year_Import_Contract.html]]></guid><description><![CDATA[Coal India Ltd will soon finalize a 10-year contract to import the mineral to supplement production, chairman N.C. Jha said, as the world&rsquo;s largest coal miner looks to fill a supply shortfall.&ldquo;We have floated this (10-year tender) last we.....]]></description><pubDate>May 12,2011</pubDate></item><item><title><![CDATA[Rupee Down 7 Paise Against U.S. Dollar In Early Trade [May 12,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/996/Rupee_Down_7_Paise_Against_US_Dollar_In_Early_Trade.html]]></guid><description><![CDATA[The Indian rupee turned weak by 7 paise to Rs. 44.76 against the U.S. dollar in early trade on the Interbank Foreign Exchange today, weighed down by dollar gains against the euro and other currencies overseas and a subdued trend in the equity market......]]></description><pubDate>May 12,2011</pubDate></item><item><title><![CDATA[Argentina, India Sign TIEA & Customs Agreement [May 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/985/Argentina_India_Sign_TIEA_&_Customs_Agreement.html]]></guid><description><![CDATA[Two new agreements providing for the exchange of tax and customs information between Argentina and India have been signed, reflecting increased cooperation between the two countries in the areas of trade and investment.The Customs Agreement was signe.....]]></description><pubDate>May 11,2011</pubDate></item><item><title><![CDATA[Groundnut Exports May Touch 4 Lakh Tonnes [May 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/986/Groundnut_Exports_May_Touch_4_Lakh_Tonnes.html]]></guid><description><![CDATA[India's groundnut exports during the current year is likely to touch around 4 lakh tonnes, up from 3.4 lakh tonne in 2009-10 season, on the back of growing international demand that is supported by the crop failure in China. Groundnut year is calcula.....]]></description><pubDate>May 11,2011</pubDate></item><item><title><![CDATA[Patel Seeks More Time To Comply With New Norms [May 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/987/Patel_Seeks_More_Time_To_Comply_With_New_Norms.html]]></guid><description><![CDATA[Union Heavy Industries and Public Enterprises Minister Praful Patel said his ministry has requested the Union Finance Ministry to give two years&rsquo; time to the auto industry to comply with the new import duty norms for completely knocked down (CK.....]]></description><pubDate>May 11,2011</pubDate></item><item><title><![CDATA[Duty Hike Hitting Iron Ore Exports in India [May 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/988/Duty_Hike_Hitting_Iron_Ore_Exports_in_India.html]]></guid><description><![CDATA[India&rsquo;s Mines Ministry has expressed concern over the 20 percent export duty on iron ore imposed in the Union budget. Indian news agency Press Trust of India (PTI) quoted Mines Secretary S. Vijay Kumar as saying, &ldquo;If there are no domestic.....]]></description><pubDate>May 11,2011</pubDate></item><item><title><![CDATA[India's FY12 Exports May Touch $275 bln: Export body chief [May 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/989/India's_FY12_Exports_May_Touch_$275_bln_Export_body_chief.html]]></guid><description><![CDATA[India's exports in the current fiscal year could touch $275 billion, from $246 billion last year, Ramu Deora , president of the Federation of Indian Export Organisation (FIEO), said on Tuesday.India hopes to achieve at least 25 percent exports growth.....]]></description><pubDate>May 11,2011</pubDate></item><item><title><![CDATA[DEPB Scheme May Get Another Lease Of Life [May 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/990/DEPB_Scheme_May_Get_Another_Lease_Of_Life.html]]></guid><description><![CDATA[Duty Entitlement Pass Book (DEPB), the popular duty neutralization scheme for exporters, is expected to get another extension, this time for nine months. Though the revenue department is opposed to another lifeline for the 14-yearold scheme whose ext.....]]></description><pubDate>May 11,2011</pubDate></item><item><title><![CDATA[Proposed 5 pc Duty On Coal To Impact Power Tariff: Assocham [May 10,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/979/Proposed_5_pc_Duty_On_Coal_To_Impact_Power_Tariff_Assocham.html]]></guid><description><![CDATA[Fearing the proposed 5 per cent countervailing duty (CVD) on coal would shoot power tariff, industry body Assocham today urged government not to levy it.Nearly two-third of power generation in the country is coal based and any such step would lead to.....]]></description><pubDate>May 10,2011</pubDate></item><item><title><![CDATA[India To Search New Markets For Textiles Exports [May 10,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/980/India_To_Search_New_Markets_For_Textiles_Exports.html]]></guid><description><![CDATA[India will be exploring new markets for textiles exports in East Europe, Latin America, New Zealand and Japan, Textiles Secretary Rita Menon said today."We are focussing across destinations like East Europe, Latin America, countries in Middle East, A.....]]></description><pubDate>May 10,2011</pubDate></item><item><title><![CDATA[Govt Approves 91,685 Tonnes Of Sugar Exports [May 10,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/981/Govt_Approves_91685_Tonnes_Of_Sugar_Exports.html]]></guid><description><![CDATA[The Indian government has approved exports of 91,685 tonnes of sugar as part of planned 500,000 tonnes of overseas sales, government sources said on Monday.The food ministry had permitted 92 mills to ship out 91,685 tonnes, they said.India's food min.....]]></description><pubDate>May 10,2011</pubDate></item><item><title><![CDATA[Govt Rolls Out Strategy To Boost Tea Output, Export [May 10,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/982/Govt_Rolls_Out_Strategy_To_Boost_Tea_Output_Export.html]]></guid><description><![CDATA[Aiming to boost tea production and its exports to five new markets, the government is coming out with a comprehensive strategy in a month or two to revamp the tea industry.India&rsquo;s junior commerce and industry minister Joytiraditiya Madhavrao Sc.....]]></description><pubDate>May 10,2011</pubDate></item><item><title><![CDATA[Govt To Review Deemed Exports Scheme [May 10,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/983/Govt_To_Review_Deemed_Exports_Scheme.html]]></guid><description><![CDATA[The deemed export scheme available to suppliers of products to specified projects is under review with the commerce ministry setting up a committee. The committee headed by Director General for Foreign Trade Anup K Pujari will review the very existen.....]]></description><pubDate>May 10,2011</pubDate></item><item><title><![CDATA[Rupee Gains 3 Paise Against US Dollar In Early Trade [May 10,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/984/Rupee_Gains_3_Paise_Against_US_Dollar_In_Early_Trade.html]]></guid><description><![CDATA[The Indian rupee strengthened by 3 paise to Rs 44.69 per dollar on the Interbank Foreign Exchange on Tuesday, supported by a higher opening in the stock market and increased capital inflows.However, the dollar&rsquo;s rise against some other currenci.....]]></description><pubDate>May 10,2011</pubDate></item><item><title><![CDATA[Total Export Ban Can Create Storage Issues, Cause Revenue Loss [May 09,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/973/Total_Export_Ban_Can_Create_Storage_Issues_Cause_Revenue_Loss.html]]></guid><description><![CDATA[India is the world&rsquo;s third largest iron ore producer and fourth largest exporter. Its exports are likely to increase after a ban was lifted by the supreme court. The supreme court lifted a ban on iron ore shipments from the state of Karnataka, .....]]></description><pubDate>May 09,2011</pubDate></item><item><title><![CDATA[India's Looming Fertiliser Deficit [May 09,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/974/India's_Looming_Fertiliser_Deficit.html]]></guid><description><![CDATA[The fertiliser sector is in a state of flux and proactive policy is vital to augment domestic output to meet fast-growing demand, with an inefficient international market for crop nutrients, riddled with price distortions. It is the gist of a recent .....]]></description><pubDate>May 09,2011</pubDate></item><item><title><![CDATA[Tea Output Rises In March [May 09,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/975/Tea_Output_Rises_In_March.html]]></guid><description><![CDATA[Tea production in March saw an upswing of around 16 per cent to 56.73 million kg compared with 49 million kg produced during the same period last year.Exports, however, fell to 11.9 million kg from 23.49 million kg last year.According to latest data .....]]></description><pubDate>May 09,2011</pubDate></item><item><title><![CDATA[Rupee Up 13 Paise Against US Dollar In Early Trade [May 09,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/976/Rupee_Up_13_Paise_Against_US_Dollar_In_Early_Trade.html]]></guid><description><![CDATA[The Indian rupee strengthened by 13 paise to Rs 44.65 against the US dollar in early trade on the Interbank Foreign Exchange on Monday, helped by capital inflows and a firming trend in the stock market.Dollar losses against the euro and other Asian c.....]]></description><pubDate>May 09,2011</pubDate></item><item><title><![CDATA[Branded Garments In For More Relaxations [May 09,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/977/Branded_Garments_In_For_More_Relaxations.html]]></guid><description><![CDATA[The government proposes some more relaxations for the branded garments sector, besides enhancement of duty abatement from 40 per cent to 55 per cent.One of the major relaxations proposed for the sector is exemption to job workers who work for brand o.....]]></description><pubDate>May 09,2011</pubDate></item><item><title><![CDATA[Indian Diamonds, Gems and Jewellery Industry Back on The Shining Trail [May 09,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/978/Indian_Diamonds_Gems_and_Jewellery_Industry_Back_on_The_Shining_Trail.html]]></guid><description><![CDATA[Precious metals and gemstones have been an integral part of the Indian civilisation since its recorded history. Gems and Jewellery (G&amp;J) has been consumed by Indians for ages for both its aesthetic as well as investment value. India has the disti.....]]></description><pubDate>May 09,2011</pubDate></item><item><title><![CDATA[Manufacturing Policy Aims To Protect Small-Business Interests, Focus On Value-Added Goods [May 06,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/967/Manufacturing_Policy_Aims_To_Protect_Small-Business_Interests_Focus_On_Value-Added_Goods.html]]></guid><description><![CDATA[After Prime Minister Manmohan Singh called India's widening trade deficit vis-A -vis China 'untenable', the government has decided to factor the lop-sided trade basket into its manufacturing sector strategy.In 2010, India's trade deficit with China w.....]]></description><pubDate>May 06,2011</pubDate></item><item><title><![CDATA[PEC invites Bids For Import Of 15,000 Tonnes Of Palmolein [May 06,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/968/PEC_invites_Bids_For_Import_Of_15000_Tonnes_Of_Palmolein.html]]></guid><description><![CDATA[State-owned trading firm PEC has invited bids for the import of 15,000 tonnes of RBD palmolein for sale in the domestic market.The bids will close on May 12 and a decision on awarding the contract will be taken on the same day, the company said on it.....]]></description><pubDate>May 06,2011</pubDate></item><item><title><![CDATA[Textile, Apparel Exporters Wary Of Volatile Raw Material Prices [May 06,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/969/Textile_Apparel_Exporters_Wary_Of_Volatile_Raw_Material_Prices.html]]></guid><description><![CDATA[Apparel and textile exporters, who ship products worth more than $20 billion every year, are reluctant to take on new orders from overseas buyers on fixed prices due to high volatility in prices of raw materials. Input prices, especially of cotton, h.....]]></description><pubDate>May 06,2011</pubDate></item><item><title><![CDATA[Small Businesses Eyeing More Exports [May 06,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/970/Small_Businesses_Eyeing_More_Exports.html]]></guid><description><![CDATA[Most small Canadian companies intend to expand the amount of business they do outside the country over the next five years, according to survey results released Thursday.The Leger Marketing survey, conducted for Bank of Montreal, showed that 57% plan.....]]></description><pubDate>May 06,2011</pubDate></item><item><title><![CDATA[Australia To Partner With India To Accelerate Economic Growth [May 06,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/971/Australia_To_Partner_With_India_To_Accelerate_Economic_Growth.html]]></guid><description><![CDATA[Confederation of Indian Industry (CII) organised an interactive session with Dr. Lachlan Straham, Deputy High Commissioner, Australian High Commission. The session focused on exploring new business avenues through mutually beneficial partnerships bet.....]]></description><pubDate>May 06,2011</pubDate></item><item><title><![CDATA[Carpet Exporters Eye $10mn Business From Turkey Fair [May 06,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/972/Carpet_Exporters_Eye_$10mn_Business_From_Turkey_Fair.html]]></guid><description><![CDATA[The world&rsquo;s second largest and Turkey&rsquo;s largest carpet expo is set to commence at the CNR Expo Center from May 18 and would go on till May 22, 2011.Around 14 carpet exporters, including the Carpet Export Promotion Council (CEPC) have conf.....]]></description><pubDate>May 06,2011</pubDate></item><item><title><![CDATA[Argentina Assures India on Sorting out Import Restrictions on Indian Pharma Products [May 05,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/963/Argentina_Assures_India_on_Sorting_out_Import_Restrictions_on_Indian_Pharma_Products.html]]></guid><description><![CDATA[Argentina has assured India that it would solve the issues pertaining to restrictions on Indian pharma firms for exporting formulations&nbsp; and said&nbsp; that it would buy drugs worth 150-200 million US dollars from India in the interim.Argentine .....]]></description><pubDate>May 05,2011</pubDate></item><item><title><![CDATA[No Cut in Argentine Soya Oil Imports [May 05,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/964/No_Cut_in_Argentine_Soya_Oil_Imports.html]]></guid><description><![CDATA[India, the top buyer of Argentina's soya oil, is not planning to reduce orders despite warnings Argentine import curbs on Indian goods could hit trade in the edible oil, an Indian official said on Tuesday.India replaced China as the No 1 importer of .....]]></description><pubDate>May 05,2011</pubDate></item><item><title><![CDATA[India Blocks EU Proposal On Allowing Duty-Free Entry To Pakistan Textiles [May 05,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/965/India_Blocks_EU_Proposal_On_Allowing_Duty-Free_Entry_To_Pakistan_Textiles.html]]></guid><description><![CDATA[India blocked a $900-million European Union proposal at the World Trade Organization on Tuesday to give duty-free access to the textile exports from Pakistan.The firm opposition to the proposal, pitched as a relief package for the devastating floods .....]]></description><pubDate>May 05,2011</pubDate></item><item><title><![CDATA[India Eyes $10 Billion From Biotech Sector By 2015 [May 05,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/966/India_Eyes_$10_Billion_From_Biotech_Sector_By_2015.html]]></guid><description><![CDATA[India's sunrise biotechnology sector is set to reach $10-billion revenue by 2015 from $4 billion posted in fiscal 2010-11 through innovative products and services, a top state official said Wednesday."The Indian biotech industry is set to grow expone.....]]></description><pubDate>May 05,2011</pubDate></item><item><title><![CDATA[FM Rules Out Extension Of Export-Incentive Plan Beyond June 30 [May 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/957/FM_Rules_Out_Extension_Of_Export-Incentive_Plan_Beyond_June_30.html]]></guid><description><![CDATA[Finance Minister Pranab Mukherjee has decided against extending a 14-year-old popular export incentive scheme called the duty entitlement passbook, a senior official privy to the development said. Mukherjee has written to Commerce Minister Anand Shar.....]]></description><pubDate>May 04,2011</pubDate></item><item><title><![CDATA[Coffee Exports Up Over 50% At 42,611 t in April [May 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/958/Coffee_Exports_Up_Over_50%_At_42611_t_in_April.html]]></guid><description><![CDATA[Coffee exports jumped by 50.40% in April this year to 42,611 tonne, buoyed by robust global demand.Shipments of the product stood at 28,332 tonne in the year-ago period, according to the latest data released by the Coffee Board of India.Total export .....]]></description><pubDate>May 04,2011</pubDate></item><item><title><![CDATA[Russia, India Consider Grain Exports [May 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/959/Russia_India_Consider_Grain_Exports.html]]></guid><description><![CDATA[Expectations of surplus grain in Russia and India are driving speculation that the two producers might resume exports, as wheat prices soar.However, deteriorating prospects for U.S. and European wheat crops mean even the return of exports from Russia.....]]></description><pubDate>May 04,2011</pubDate></item><item><title><![CDATA[India Continues Wheat Export Ban [May 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/960/India_Continues_Wheat_Export_Ban.html]]></guid><description><![CDATA[The Indian government has decided against wheat exports for now despite mounting pressure to allow farmers to benefit from higher prices overseas, reported The Economic Times.The decision by the empowered group of ministers (EGoM) on food, which met .....]]></description><pubDate>May 04,2011</pubDate></item><item><title><![CDATA[India Aims at USD 500 bn Export By 2013-14 [May 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/961/India_Aims_at_USD_500_bn_Export_By_2013-14.html]]></guid><description><![CDATA[The Government today set a target of more than doubling India's exports to USD 500 billion in the next three years, buoyed by an 37.5 per cent surge in overseas shipments in the last fiscal."We must aim for more than a doubling of exports in three ye.....]]></description><pubDate>May 04,2011</pubDate></item><item><title><![CDATA[India�s Diversification Strategy Leads to Unexpected Export Growth [May 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/962/India�s_Diversification_Strategy_Leads_to_Unexpected_Export_Growth.html]]></guid><description><![CDATA[According to the Federation of Indian Export Organizations (FIEO), India&rsquo;s diversification strategy is working. In the 2010-11 fiscal year, India&rsquo;s exports went up by 37.6%, totaling $245.9 billion, surpassing the government&rsquo;s origi.....]]></description><pubDate>May 04,2011</pubDate></item><item><title><![CDATA[March Exports Up 43.8% at $29.89 bn [May 03,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/951/March_Exports_Up_438%_at_$2989_bn.html]]></guid><description><![CDATA[Merchandise export in March reached $29.13 billion, up 43.8 per cent over $20.25 billion in the same month a year ago, while imports grew 17.2 per cent to $34.74 billion from $29.62 billion a year ago.With this, the country&rsquo;s total exports in g.....]]></description><pubDate>May 03,2011</pubDate></item><item><title><![CDATA[Indian Investors Eye $1.5 Billion Leather [May 03,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/952/Indian_Investors_Eye_$15_Billion_Leather.html]]></guid><description><![CDATA[A GROUP of investors from India has said that it will import leather worth US$ 1.5 billion from Zambia in the next five years to meet the current increasing demand for the raw material in the Asian country.Delegation leader Rafeeque Ahmed said leathe.....]]></description><pubDate>May 03,2011</pubDate></item><item><title><![CDATA[Government Abolished Import Duty On Sugar Till June [May 03,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/953/Government_Abolished_Import_Duty_On_Sugar_Till_June.html]]></guid><description><![CDATA[As a precautionary measure, the government has abolished import duty on sugar till June even as the country's domestic output is set to exceed domestic demand and mills are exporting the sweetener.According to a notification issued by the Central Boa.....]]></description><pubDate>May 03,2011</pubDate></item><item><title><![CDATA[India's FY'11 Exports Rise 37.5 Per Cent To Nearly $246 Billion News [May 03,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/954/India's_FY'11_Exports_Rise_375_Per_Cent_To_Nearly_$246_Billion_News.html]]></guid><description><![CDATA[Overall exports from the country rose to $245.868 billion (Rs1,118,822.85 crore) during the 2010-11 financial year (1 April 2010- 31 March 2011), up 37.5 per cent in dollar terms and a 32.3 per cent rise in rupee terms against exports valued at $178......]]></description><pubDate>May 03,2011</pubDate></item><item><title><![CDATA[Foreign Investors Free To Pledge Indian firms' shares: RBI [May 03,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/955/Foreign_Investors_Free_To_Pledge_Indian_firms'_shares_RBI.html]]></guid><description><![CDATA[In order to encourage foreign direct investment in the country, the RBI today relaxed the norms and allowed overseas investors to raise funds by pledging shares of Indian companies to banks without its permission.Following a notification issued by th.....]]></description><pubDate>May 03,2011</pubDate></item><item><title><![CDATA[MMTC Invites Global Bids For Import Of Urea, Complex Fertilisers [May 03,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/956/MMTC_Invites_Global_Bids_For_Import_Of_Urea_Complex_Fertilisers.html]]></guid><description><![CDATA[Ahead of the commencement of the kharif season from June, state-owned trading firm MMTC has invited global bids for importing unspecified quantities of urea and complex fertilisers.Bids for supply of urea and various grades of complex fertilisers wil.....]]></description><pubDate>May 03,2011</pubDate></item><item><title><![CDATA[ Delayed Budget Drags Down Overseas Imports [May 02,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/945/_Delayed_Budget_Drags_Down_Overseas_Imports.html]]></guid><description><![CDATA[Overseas imports decreased by 23.7 percent over the first eight months of the fiscal year 2010/11 to Rs 82.23 billion compared to figures of the same period last year, thanks to protracted confusion over government policy on revenue mobilization due .....]]></description><pubDate>May 02,2011</pubDate></item><item><title><![CDATA[Silver Demand in China and India is Set To Rise 30 Percent in 2011 . [May 02,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/946/Silver_Demand_in_China_and_India_is_Set_To_Rise_30_Percent_in_2011_.html]]></guid><description><![CDATA[Silver prices for July delivery surged $1.058, or 2.2 percent, to $48.599 an ounce. &nbsp;Silver prices have risen 5.5 percent this week and 57.1 percent in 2011.China said its net imports of silver nearly quadrupled to more than 3,500 metric tons in.....]]></description><pubDate>May 02,2011</pubDate></item><item><title><![CDATA[Cotton Farmers Demand Lifting Ban On Exports [May 02,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/947/Cotton_Farmers_Demand_Lifting_Ban_On_Exports.html]]></guid><description><![CDATA[Over 300 cotton farmers went on a day-long hunger strike here Sunday demanding the lifting of the ban on cotton exports, an official said.Kishore Tiwari, president of Vidarbha Jan Andolan Samiti (VJAS), which is spearheading the agitation, said that .....]]></description><pubDate>May 02,2011</pubDate></item><item><title><![CDATA[Global Shortage Puts Export of Shrimps Back On Track [May 02,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/948/Global_Shortage_Puts_Export_of_Shrimps_Back_On_Track.html]]></guid><description><![CDATA[India&rsquo;s shrimp exports are back on track largely due to a global shortage, pushing up growth of the seafood sector. With shrimp production in Asian countries such as Indonesia affected by disease, global prices for shrimp has surged during 2010.....]]></description><pubDate>May 02,2011</pubDate></item><item><title><![CDATA[Yellow Spice Likely To Extend Losses On Weak Demand, Higher Output [May 02,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/949/Yellow_Spice_Likely_To_Extend_Losses_On_Weak_Demand_Higher_Output.html]]></guid><description><![CDATA[Vanishing export demand and higher production estimation added bearish sentiments in the turmeric market. Turmeric production in 2011 is estimated around 65 lakh bags against 45-48 lakh bags last year (Each bag=70Kg.).As per the latest release from t.....]]></description><pubDate>May 02,2011</pubDate></item><item><title><![CDATA[Strategy in 3 Days on Doubling Exports By '14 [May 02,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/950/Strategy_in_3_Days_on_Doubling_Exports_By_'14.html]]></guid><description><![CDATA[The government will come out with a strategy in next few days to double the country's export to $450 billion by 2014. Commerce and Industry Minister Anand Sharma said that within next three days, the government will come out with the "final strategy".....]]></description><pubDate>May 02,2011</pubDate></item><item><title><![CDATA[MMTC FY'11 Gold Import Up By 31% [April 30,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/939/MMTC_FY'11_Gold_Import_Up_By_31%.html]]></guid><description><![CDATA[State-run MMTC said it has imported 245 tonnes of gold in the 2010-11 fiscal, up by 31 per cent from the previous year.Similarly, silver imports have increased by over six per cent to 880 tonnes in FY'11, as against 827 tonnes in the year-ago, it sai.....]]></description><pubDate>April 30,2011</pubDate></item><item><title><![CDATA[Pepper Drops On Profit Booking [April 30,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/940/Pepper_Drops_On_Profit_Booking.html]]></guid><description><![CDATA[Black Pepper spot prices extended the gains of the previous day on account of reduced arrivals and better offtakes. Mixed sentiments was witnessed in Futures with prices initially trading at higher levels but profit booking led prices to settle 0.60%.....]]></description><pubDate>April 30,2011</pubDate></item><item><title><![CDATA[EGoM To Decide On Grain Export, Food Bill On Monday [April 30,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/941/EGoM_To_Decide_On_Grain_Export_Food_Bill_On_Monday.html]]></guid><description><![CDATA[The empowered group of ministers (EGoM) expected to meet on Monday is expected to take a view on an agriculture ministry proposal to export wheat and rice.The proposal is not backed by the food ministry, which wants to take into consideration the int.....]]></description><pubDate>April 30,2011</pubDate></item><item><title><![CDATA[Exports from Gujarat SEZ zoom by 43% [April 30,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/942/Exports_from_Gujarat_SEZ_zoom_by_43%.html]]></guid><description><![CDATA[Even as Minimum Alternate Tax (MAT) worries cloud future prospects of Special Economic Zones (SEZs) in the country, SEZs in Gujarat have clocked impressive growth in exports in the just concluded financial year. Figures provided by the Development Co.....]]></description><pubDate>April 30,2011</pubDate></item><item><title><![CDATA[Indian Coffee Prices Ease [April 30,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/943/Indian_Coffee_Prices_Ease.html]]></guid><description><![CDATA[Coffee prices in India declined at this week&rsquo;s auction on lack of interest from exporters, traders said.Arabica Plantation AA grade sold at current prices while there were no takers A and B grades at the asked prices.&ldquo;All varieties of cof.....]]></description><pubDate>April 30,2011</pubDate></item><item><title><![CDATA[Yuan Rises To Record High of 6.5/dollar, Indian Companies To Gain [April 30,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/944/Yuan_Rises_To_Record_High_of_65/dollar_Indian_Companies_To_Gain.html]]></guid><description><![CDATA[The currency markets and possibly the Chinese government heard the prayers of players in the international trading arena, including India, when the yuan climbed up to the magic level of 6.5 per dollar after a span of 17 years. A stronger yuan will ma.....]]></description><pubDate>April 30,2011</pubDate></item><item><title><![CDATA[Govt Increases Prices Of Imported DAP, MoP [April 29,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/933/Govt_Increases_Prices_Of_Imported_DAP_MoP.html]]></guid><description><![CDATA[The Union Cabinet on Thursday gave a nod to increasing the benchmark prices of di-ammonium phosphate (DAP) and muriate of potash (MoP) to ensure adequate availability during the upcoming kharif sowing season. The benchmark price will be increased to .....]]></description><pubDate>April 29,2011</pubDate></item><item><title><![CDATA[India Wants To Buy Pulses, Olive Oil And fertiliser From Morocco [April 29,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/934/India_Wants_To_Buy_Pulses_Olive_Oil_And_fertiliser_From_Morocco.html]]></guid><description><![CDATA[India wants to buy pulses, olive oil and fertiliser from Morocco, India's food minister, K.V. Thomas, told reporters after meeting Moroccan Foreign Trade Minister Abdellatif Maazous.India, one of the world's biggest grain producers, relies on imports.....]]></description><pubDate>April 29,2011</pubDate></item><item><title><![CDATA[New Zealand Trade Surplus Rises To NZ$464 Mln, Exports At Record High [April 29,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/935/New_Zealand_Trade_Surplus_Rises_To_NZ$464_Mln_Exports_At_Record_High.html]]></guid><description><![CDATA[New Zealand's trade surplus increased in March, backed by exports, which reached a record high value during the month, data from Statistics New Zealand showed Friday.The trade balance posted a surplus of NZ$464 million in March, more than the NZ$200 .....]]></description><pubDate>April 29,2011</pubDate></item><item><title><![CDATA[Hong Kong Exports up 21.5 Percent in March [April 29,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/936/Hong_Kong_Exports_up_215_Percent_in_March.html]]></guid><description><![CDATA[The total value of shipments increased to HK$281.5 billion ($36.2 billion) compared to a year ago, according to the Census and Statistics Department, led by a robust growth in merchandise exports during the month.Key to the performance was exports of.....]]></description><pubDate>April 29,2011</pubDate></item><item><title><![CDATA[Rupee up 2 paise against U.S. dollar in early trade [April 29,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/937/Rupee_up_2_paise_against_US_dollar_in_early_trade.html]]></guid><description><![CDATA[The Indian rupee strengthened by 2 paise to Rs 44.41 per dollar in early trade on the Interbank Foreign Exchange on Friday, supported by a higher opening in the stock market and dollar weakness against other major currencies overseas.The rupee had cl.....]]></description><pubDate>April 29,2011</pubDate></item><item><title><![CDATA[Govt Clears 30,000 Tonne Sugar ExportGovt Clears 30,000 Tonne Sugar Export [April 29,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/938/Govt_Clears_30000_Tonne_Sugar_ExportGovt_Clears_30000_Tonne_Sugar_Export.html]]></guid><description><![CDATA[The government has approved around 30,000 tonne of unrestricted sugar exports, kicking off overseas sales of a total 5,00,000 tonne given an official green light on April 19, government sources said on Thursday.A total of 16 mills have been allowed, .....]]></description><pubDate>April 29,2011</pubDate></item><item><title><![CDATA[Pulses Import Likely To Dip 14% On High Output [April 28,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/926/Pulses_Import_Likely_To_Dip_14%_On_High_Output.html]]></guid><description><![CDATA[India&rsquo;s pulses imports in the crop year 2010-11 (July-June) are likely to fall 14.28 per cent to 3 million tonnes compared to 3.5 million tonnes shipped in the year-ago period.Higher production in the country will lead to low imports, traders a.....]]></description><pubDate>April 28,2011</pubDate></item><item><title><![CDATA[Govt Likely To Hike Fertiliser Subsidy [April 28,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/927/Govt_Likely_To_Hike_Fertiliser_Subsidy.html]]></guid><description><![CDATA[With the unrest in Middle East expected to raise fertiliser prices for the kharif crop, the Cabinet, scheduled to meet on Thursday, is likely to take a decision for upward revision in the nutrient based subsidy (NBS) rates of phosphatic and potassic .....]]></description><pubDate>April 28,2011</pubDate></item><item><title><![CDATA[Silver Recycling To Curb Import Growth In India [April 28,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/928/Silver_Recycling_To_Curb_Import_Growth_In_India.html]]></guid><description><![CDATA[Soaring silver prices are driving Indians to recycle jewellery into bars as an easier, more reliable way to invest, a trend that will limit imports of the metal in the world's fourth largest consumer.Problems over storage and quality make silver bars.....]]></description><pubDate>April 28,2011</pubDate></item><item><title><![CDATA[Potash Importers Want 10% Discounts [April 28,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/929/Potash_Importers_Want_10%_Discounts.html]]></guid><description><![CDATA[Indian fertiliser companies will not import potash in the current financial year if they cannot get 10% discounts on spot prices, the head of the country's top fertiliser company and import negotiator told Reuters in an interview on Wednesday.Firms i.....]]></description><pubDate>April 28,2011</pubDate></item><item><title><![CDATA[Japan�s Polished Diamond Imports Dip 12% in March [April 28,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/930/Japan�s_Polished_Diamond_Imports_Dip_12%_in_March.html]]></guid><description><![CDATA[Japan&rsquo;s diamond and jewellery trade saw a dip, affected also due to the earthquake and tsunami causing retailers to curb their businesses for some time. Polished diamond imports dropped 12 percent (y-o-y) to $61 million, and in volume terms by .....]]></description><pubDate>April 28,2011</pubDate></item><item><title><![CDATA[India Announces 25% Hike in Duty Free Textile Quota From Bangladesh [April 28,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/931/India_Announces_25%_Hike_in_Duty_Free_Textile_Quota_From_Bangladesh.html]]></guid><description><![CDATA[It seems that the Indian government is on the spree of improving bilateral ties with its neighboring country, Bangladesh. Following a visit to Bangladesh, the two countries have shown interest in promoting the trade within the countries in order to i.....]]></description><pubDate>April 28,2011</pubDate></item><item><title><![CDATA[India Announces 25% Hike in Duty Free Textile Quota From Bangladesh [April 28,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/932/India_Announces_25%_Hike_in_Duty_Free_Textile_Quota_From_Bangladesh.html]]></guid><description><![CDATA[It seems that the Indian government is on the spree of improving bilateral ties with its neighboring country, Bangladesh. Following a visit to Bangladesh, the two countries have shown interest in promoting the trade within the countries in order to i.....]]></description><pubDate>April 28,2011</pubDate></item><item><title><![CDATA[Barriers Hamper Exports To India [April 27,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/920/Barriers_Hamper_Exports_To_India.html]]></guid><description><![CDATA[India's Commerce Minister Anand Sharma arrived in Bangladesh on April 23, leading a 33-member delegation and a host of high profile businessmen, on a two day visit to Bangladesh to hold talks on bilateral trade. It is an opportunity to discuss bottle.....]]></description><pubDate>April 27,2011</pubDate></item><item><title><![CDATA[Indian exports surge ahead [April 27,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/921/Indian_exports_surge_ahead.html]]></guid><description><![CDATA[India&rsquo;s exports surged by almost 40% during its last financial year, with engineering goods leading the charge.The latest figures from the Ministry for Commerce and Industry show exports, by value, jumped by 37.5% to reach US$245.9 billion &nda.....]]></description><pubDate>April 27,2011</pubDate></item><item><title><![CDATA[Apparel Exports Slightly Up To Rs 50,862 Crore in FY 11 [April 27,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/922/Apparel_Exports_Slightly_Up_To_Rs_50862_Crore_in_FY_11.html]]></guid><description><![CDATA[India's apparel export increased marginally by 0.1 per cent at Rs 50,862 crore in FY 11 from Rs 50,813 crore in FY 10, a top industry body said today. In dollar terms, apparel exports increased by 4.23 per cent at USD 11,163 million in FY 11 as compa.....]]></description><pubDate>April 27,2011</pubDate></item><item><title><![CDATA[7 Leather Mega Clusters Await Plan Panel�s Nod [April 27,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/923/7_Leather_Mega_Clusters_Await_Plan_Panel�s_Nod.html]]></guid><description><![CDATA[Move to double exports in next five years from $3.5b at presentThe seven mega clusters for leather, announced in Budget 2011-12, will entail a total investmentof Rs875 crore or Rs 125 crore each and are expected to be operational in two years. It is .....]]></description><pubDate>April 27,2011</pubDate></item><item><title><![CDATA[India, Uzbekistan Summit To Sort Out Hurdles Affecting Exports From Indian Pharma Sector [April 27,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/924/India_Uzbekistan_Summit_To_Sort_Out_Hurdles_Affecting_Exports_From_Indian_Pharma_Sector.html]]></guid><description><![CDATA[Uzbekistan, which holds vast potential for Indian pharmaceutical companies, and India will discuss the bottlenecks affecting the export and import fronts and facilitate the joint ventures in the sector, at a bilateral summit slated in May.In view of .....]]></description><pubDate>April 27,2011</pubDate></item><item><title><![CDATA[Rupee Up 8 Paise Against US Dollar In Early Trade [April 27,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/925/Rupee_Up_8_Paise_Against_US_Dollar_In_Early_Trade.html]]></guid><description><![CDATA[The Indian rupee strengthened by 8 paise to Rs. 44.43 against the US dollar in early trade on the Interbank Foreign Exchange on Wednesday, aided by capital inflows and a firming trend in the stock market.Dollar losses against the euro and other major.....]]></description><pubDate>April 27,2011</pubDate></item><item><title><![CDATA[Seafood Exports Rose To Record $2.67 b in FY10-11 [April 26,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/915/Seafood_Exports_Rose_To_Record_$267_b_in_FY10-11.html]]></guid><description><![CDATA[The seafood exports from India have surged to a new high in recent times and the key reason for this is the high demand from the US during FY10-11.According to a press release from MPEDA (Marine Products Exports Development Authority), export of mari.....]]></description><pubDate>April 26,2011</pubDate></item><item><title><![CDATA[China May Import More Sugar To Fight Inflation, Output Drop [April 26,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/916/China_May_Import_More_Sugar_To_Fight_Inflation_Output_Drop.html]]></guid><description><![CDATA[China, the biggest sugar user after India, may seek more imports after buying a &ldquo;substantial&rdquo; quantity from overseas to try to curb inflation as output drops for a third year, according to the top economic planning agency.While the countr.....]]></description><pubDate>April 26,2011</pubDate></item><item><title><![CDATA[Tariff-Free Quota For Apparel Exports [April 26,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/917/Tariff-Free_Quota_For_Apparel_Exports.html]]></guid><description><![CDATA[The Government has offered a tariff-free quota of 10 million pieces of apparel exports from Bangladesh to grow bilateral relationship between two countries.Announced by the Union&nbsp; Commerce and Industry Minister, Anand Sharma and his Bangladesh c.....]]></description><pubDate>April 26,2011</pubDate></item><item><title><![CDATA[Food, Farm Ministries Clash Over Wheat Exports [April 26,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/918/Food_Farm_Ministries_Clash_Over_Wheat_Exports.html]]></guid><description><![CDATA[Sharp differences between the key ministries over wheat exports came out in the open with food minister K V Thomas ruling out the decision firmly on the contention that it could boost prices at home at a time of high food inflation ."We are against w.....]]></description><pubDate>April 26,2011</pubDate></item><item><title><![CDATA[Vietnam Adjusts Export Tariff on Yellow Phosphorus [April 26,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/919/Vietnam_Adjusts_Export_Tariff_on_Yellow_Phosphorus.html]]></guid><description><![CDATA[Vietnam adjusted export tariff on yellow phosphorus to 5%. Vietnam started the production of yellow phosphorus since 2004; its output reached 30,000 t/a by rapid development and expansion in the past years, and most of the products are mainly for exp.....]]></description><pubDate>April 26,2011</pubDate></item><item><title><![CDATA[Exports Of Leather Garments Up [April 23,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/909/Exports_Of_Leather_Garments_Up.html]]></guid><description><![CDATA[India&rsquo;s share in global exports of leather garments has increased between 2005&mdash;2009, even though the size of the world trade suffered due to the recession of 2008&mdash;09, according to government data.India&rsquo;s exports of leather gar.....]]></description><pubDate>April 23,2011</pubDate></item><item><title><![CDATA[Punjab Growers Eye 1 Lakh Tonne Potato Export To Russia [April 23,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/910/Punjab_Growers_Eye_1_Lakh_Tonne_Potato_Export_To_Russia.html]]></guid><description><![CDATA[Punjab based potato growers aim to export 100,000 tonne of potato to newly found Russian market even as growers have sought help of state-government owned Markfed for facilitating hassle free export to Russia.&ldquo;We are expecting to export 100,000.....]]></description><pubDate>April 23,2011</pubDate></item><item><title><![CDATA[BD Businesses To Press India To Honour Pledge On Duty-Free Access [April 23,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/911/BD_Businesses_To_Press_India_To_Honour_Pledge_On_Duty-Free_Access.html]]></guid><description><![CDATA[The country's business leaders are set to urge an Indian delegation, which arrives today, to make good India's pledge on duty-free access of 61 Bangladeshi items to that country to help reduce Dhaka's huge trade deficit.Indian commerce minister Anand.....]]></description><pubDate>April 23,2011</pubDate></item><item><title><![CDATA[Govt To Come Out With Strategy To Double Exports [April 23,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/912/Govt_To_Come_Out_With_Strategy_To_Double_Exports.html]]></guid><description><![CDATA[The government said it will soon come out with a comprehensive strategy to double India's exports by 2014."...we have come out with a strategy paper and plan of action which will be put in place two weeks from now," Commerce and Industry Minister Ana.....]]></description><pubDate>April 23,2011</pubDate></item><item><title><![CDATA[Govt Planning 100% FDI in Sea Plane Operations [April 23,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/913/Govt_Planning_100%_FDI_in_Sea_Plane_Operations.html]]></guid><description><![CDATA[Government is planning 100 per cent foreign direct investment in sea plane operations as there is scope of phenomenal growth of sea plane, general aviation and helicopter travel."With India having a long coast line, there is a need for concerted effo.....]]></description><pubDate>April 23,2011</pubDate></item><item><title><![CDATA[Forex Reserves Dip By $286 mn [April 23,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/914/Forex_Reserves_Dip_By_$286_mn.html]]></guid><description><![CDATA[Foreign exchange reserves dipped $286 million on account of revaluation of non-dollar assets in reserves during the week ended April 15. The government has breached ways and advances limit for the second consecutive week.According to the latest data .....]]></description><pubDate>April 23,2011</pubDate></item><item><title><![CDATA[Fertiliser Subsidy Bill Set To Shoot Up By Rs 8000 cr [April 22,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/903/Fertiliser_Subsidy_Bill_Set_To_Shoot_Up_By_Rs_8000_cr.html]]></guid><description><![CDATA[The Centre's fertiliser subsidy bill is set to shoot up by an estimated Rs 8000 crore mark with the department of fertilizers (DoF) mooting higher P and K nutrient subsidy to companies. This, after companies clinched phosphoric acid and DAP imports a.....]]></description><pubDate>April 22,2011</pubDate></item><item><title><![CDATA[India's Net Rough Diamond Imports $10.9 Billion in Past Year [April 22,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/904/India's_Net_Rough_Diamond_Imports_$109_Billion_in_Past_Year.html]]></guid><description><![CDATA[India's gross imports of rough diamonds in fiscal 2010-2011 increased 31.2% to $11.93 billion, according to provisional figures released by the GJEPC. The volume of imports, 153.99 million carats, grew by just 2.8%. The stark difference between the r.....]]></description><pubDate>April 22,2011</pubDate></item><item><title><![CDATA[China March Cotton Imports Drop 14.6% Amid Lower Yarn Prices [April 22,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/905/China_March_Cotton_Imports_Drop_146%_Amid_Lower_Yarn_Prices.html]]></guid><description><![CDATA[Cotton imports by China, the biggest buyer, fell 14.6 percent in March from a year ago, as lower yarn prices cut into profits for the textile industry, reducing demand.Inbound shipments were 276,436 metric tons, compared with 323,780 tons a year earl.....]]></description><pubDate>April 22,2011</pubDate></item><item><title><![CDATA[Engineering Exports Jump About 85 p.c. in 2010-11 [April 22,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/906/Engineering_Exports_Jump_About_85_pc_in_2010-11.html]]></guid><description><![CDATA[India&rsquo;s engineering exports registered the highest ever growth of about 85 per cent to $ 60.1 billion in 2010-11, on account of a robust demand for the goods not only from major markets like the US, but also from Latin America.During 2009&mdash.....]]></description><pubDate>April 22,2011</pubDate></item><item><title><![CDATA[Textiles, Leather Exports To Gain From Chinese Policy: Montek [April 22,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/907/Textiles_Leather_Exports_To_Gain_From_Chinese_Policy_Montek.html]]></guid><description><![CDATA[Seeking to change the focus of the country to manufacturing, Planning Commission Deputy Chairman Montek Singh Ahluwalia on Thursday said textile and leather exports would be at advantage of the shift in Chinese policy towards boosting domestic consum.....]]></description><pubDate>April 22,2011</pubDate></item><item><title><![CDATA[Karnataka Iron Ore Exporters Seek Permits [April 22,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/908/Karnataka_Iron_Ore_Exporters_Seek_Permits.html]]></guid><description><![CDATA[Iron ore traders in Karnataka said they had applied for export permits to test the market and the administrative system as a nine-month ban was lifted temporarily by the Supreme Court.On 5 April, the apex court ordered the state government to lift th.....]]></description><pubDate>April 22,2011</pubDate></item><item><title><![CDATA[Sugar Futures Down 2% On Removal of Import Duties By Government [April 21,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/897/Sugar_Futures_Down_2%_On_Removal_of_Import_Duties_By_Government.html]]></guid><description><![CDATA[Sugar futures shrugged of by almost 2% in today's trading as Indian government has allowed tax free imports of sugar.As per latest release from Ministry of Agriculture, Indian mills can import sugar at zero import duti until June 30 , afer after scra.....]]></description><pubDate>April 21,2011</pubDate></item><item><title><![CDATA[Canada Reviews Expiring Anti-Dumping Duties On Hot Rolled Steel Sheet Imports [April 21,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/898/Canada_Reviews_Expiring_Anti-Dumping_Duties_On_Hot_Rolled_Steel_Sheet_Imports.html]]></guid><description><![CDATA[Canada has decided that hot-rolled steel sheet anti-dumping duties and countervailing duties are still needed for Brazil, China, Chinese Taipei, India and Ukraine. The Canada Border Services Agency (CBSA) has determined that these duties should not e.....]]></description><pubDate>April 21,2011</pubDate></item><item><title><![CDATA[Diamond Industry Set For 100% Growth in 2 yrs [April 21,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/899/Diamond_Industry_Set_For_100%_Growth_in_2_yrs.html]]></guid><description><![CDATA[Diamonds are Gujarat's best friend. The cut and polished diamond (CPD) industry in the State, which manufactures 95 per cent of the diamonds exported by the Indian gems and jewellery industry, will be worth $32 billion, or 1.41 lakh crore by 2012.Tha.....]]></description><pubDate>April 21,2011</pubDate></item><item><title><![CDATA[Nashik Grape Exports Dip 58% [April 21,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/900/Nashik_Grape_Exports_Dip_58%.html]]></guid><description><![CDATA[Nashik district, the grape capital of India, has recorded a fall of 58 per cent in export of grapes in FY 2010-11 (December-April season) as compared to that of last year due to unseasonal rains that had hit the vineyards during November 2010, causin.....]]></description><pubDate>April 21,2011</pubDate></item><item><title><![CDATA[Govt Allows Export Of 32,094 Tonne Of Wheat Flour To Maldives [April 21,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/901/Govt_Allows_Export_Of_32094_Tonne_Of_Wheat_Flour_To_Maldives.html]]></guid><description><![CDATA[The government today allowed the export of 32,094.70 tonnes of wheat flour to Maldives under the bilateral trade pact.The total quantity of wheat flour will be exported by the state-owned trading firm MMTC Ltd during the financial year 2011-12, the D.....]]></description><pubDate>April 21,2011</pubDate></item><item><title><![CDATA[Raw Cashew Nut Exports Decline 5% in FY11 [April 21,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/902/Raw_Cashew_Nut_Exports_Decline_5%_in_FY11.html]]></guid><description><![CDATA[Strong domestic demand and shortage in raw cashew nuts has led to decline in India&rsquo;s cashew kernel exports in the 2010-11 financial year. The second-largest exporter of cashew kernels in the world witnessed a marginal drop of five per cent in v.....]]></description><pubDate>April 21,2011</pubDate></item><item><title><![CDATA[Merchandise Exports Rise 37.5%, Faster Than Target [April 20,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/891/Merchandise_Exports_Rise_375%_Faster_Than_Target.html]]></guid><description><![CDATA[India&rsquo;s merchandise exports rose 37.5% to $246 billion (nearly Rs 11 trillion) in the year to 31 March, exceeding the government&rsquo;s target, after data for the last four months was revised. Exports by the engineering sector contributed one-.....]]></description><pubDate>April 20,2011</pubDate></item><item><title><![CDATA[Centre may not impose anti dumping duty on Pen G, 6 APA imports [April 20,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/892/Centre_may_not_impose_anti_dumping_duty_on_Pen_G_6_APA_imports.html]]></guid><description><![CDATA[The Central government may not impose anti-dumping duty on the imports of two pharmaceutical raw materials, penicillin G (Pen G) and 6 APA, it is learnt. The decision of the government is likely to be announced shortly.According to reliable sources, .....]]></description><pubDate>April 20,2011</pubDate></item><item><title><![CDATA[STC Invites Bids For Import Of 31,000 Tonnes Of Pulses [April 20,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/893/STC_Invites_Bids_For_Import_Of_31000_Tonnes_Of_Pulses.html]]></guid><description><![CDATA[State-owned trading firm STC has invited bids for the import of 31,000 tonnes of pulses for sale in domestic market.The bid will close on April 20 and a decision on awarding the contract will be taken on the same day, the firm said in a statement on .....]]></description><pubDate>April 20,2011</pubDate></item><item><title><![CDATA[Exports Spring A Surprise In FY�11, Touch $246 Billion [April 20,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/894/Exports_Spring_A_Surprise_In_FY�11_Touch_$246_Billion.html]]></guid><description><![CDATA[The country&rsquo;s exports soared to a record $246 billion in financial year 2010-11, zooming past the year&rsquo;s target of $200 billion. In fact as late as December 2010, the government expected exports to be just about $ 220 billion.A sharp 85 p.....]]></description><pubDate>April 20,2011</pubDate></item><item><title><![CDATA[S. Korean Exports To India Surge, But Face Fierce Competition [April 20,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/895/S_Korean_Exports_To_India_Surge_But_Face_Fierce_Competition.html]]></guid><description><![CDATA[South Korea's exports to India are growing at a rapid pace but the country must step up its efforts to further expand its trade relations with the world's fastest growing economy, a report said Wednesday.&nbsp;&nbsp; South Korean exports to India jum.....]]></description><pubDate>April 20,2011</pubDate></item><item><title><![CDATA[MMTC Plans To Import 50 % More Silver In FY-12 [April 20,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/896/MMTC_Plans_To_Import_50_%_More_Silver_In_FY-12.html]]></guid><description><![CDATA[State-run MMTC today said it plans to import 50 per cent more silver this fiscal at 1,200 tonnes to encash on the growing appetite for investments in the white metal in the domestic market.The company also expects gold import to increase to 275 tonne.....]]></description><pubDate>April 20,2011</pubDate></item><item><title><![CDATA[India Allows 100 Per Cent FDI In Some Areas Of Farm Sector [April 19,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/885/India_Allows_100_Per_Cent_FDI_In_Some_Areas_Of_Farm_Sector.html]]></guid><description><![CDATA[TUNING the policy norms further to attract declining foreign investment, in a significant development, India on March 31 announced allowing 100 per cent Foreign Direct Investment (FDI) in the agriculture sector including seeds, plantation, horticultu.....]]></description><pubDate>April 19,2011</pubDate></item><item><title><![CDATA[Indian Commerce Minister Due Next Saturday [April 19,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/886/Indian_Commerce_Minister_Due_Next_Saturday.html]]></guid><description><![CDATA[Bangladesh will seek duty-free access of its 61 items to Indian market, or withdrawal of the existing quantitative restriction on the duty-free entry of local apparel products during the upcoming visit of Indian Commerce and Industry Minister Anand S.....]]></description><pubDate>April 19,2011</pubDate></item><item><title><![CDATA[Steel Prices Unlikely To Go Up In Domestic Market: Irani [April 19,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/887/Steel_Prices_Unlikely_To_Go_Up_In_Domestic_Market_Irani.html]]></guid><description><![CDATA[Tata Sons today said domestic steel prices is not likely to go up but the pressure on margins is likely to continue due to higher input costs."Even if the input costs are high, steel producers cannot raise prices as there is a surplus of steel in the.....]]></description><pubDate>April 19,2011</pubDate></item><item><title><![CDATA[Textile Exports Up By 30 Percent To $9.8bn [April 19,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/888/Textile_Exports_Up_By_30_Percent_To_$98bn.html]]></guid><description><![CDATA[Pakistan&rsquo;s textile exports surged by over 30 percent to $9.88 billion in July-March 2010/11 on the back of higher commodity prices.According to the Federal Bureau of Statistics (FBS) figures, released on Monday, textile exports in March, 2011 r.....]]></description><pubDate>April 19,2011</pubDate></item><item><title><![CDATA[Subsidising Farmers in Rich Countries [April 19,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/889/Subsidising_Farmers_in_Rich_Countries.html]]></guid><description><![CDATA[The Ministry of Food and Consumer Affairs has extended the subsidy for pulses by one more year until 31 March 2012. A subsidy of Rs 10 a kg is given to the States for distribution of pulses under PDS. India also imports pulses around a quarter of its.....]]></description><pubDate>April 19,2011</pubDate></item><item><title><![CDATA[High Local Prices Hit Cardamom Exports [April 19,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/890/High_Local_Prices_Hit_Cardamom_Exports.html]]></guid><description><![CDATA[High prices in the local market have made Indian cardamom uncompetitive overseas. Top rival Guatemala has regained its market share in the Middle East, the world's biggest market for this fragrant pod.Guatemala edged out India last year in cardamom e.....]]></description><pubDate>April 19,2011</pubDate></item><item><title><![CDATA[Commerce Ministry To Reimburse 50% Of Registration Claims Of Pharma Exports Under MAI Scheme [April 18,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/879/Commerce_Ministry_To_Reimburse_50%_Of_Registration_Claims_Of_Pharma_Exports_Under_MAI_Scheme.html]]></guid><description><![CDATA[In a measure that will give some financial assistance to the small and medium pharma exporters in the country, the Union commerce ministry has decided to reimburse 50 per cent the registration claims of the pharma exporters under the Market Access In.....]]></description><pubDate>April 18,2011</pubDate></item><item><title><![CDATA[India, Japan Trade To Be Hit In First Quarter Of 2011-12 [April 18,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/880/India_Japan_Trade_To_Be_Hit_In_First_Quarter_Of_2011-12.html]]></guid><description><![CDATA[The bilateral trade between India and Japan would be hit in the first quarter of the current fiscal due to massive destruction caused by an earthquake and tsunami that hit the Land of the Rising Sun, last month."The real impact would be seen in April.....]]></description><pubDate>April 18,2011</pubDate></item><item><title><![CDATA[Exporters Hit By Closure Of Dyeing Units [April 18,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/881/Exporters_Hit_By_Closure_Of_Dyeing_Units.html]]></guid><description><![CDATA[Though garment exports from Tirupur are estimated to have moved up 5.9% to Rs 12,500 crore in fiscal 2011, there isn't much cheer for exporters. Despite a jump in yarn prices that doubled in the last fiscal, export volumes are projected to have decli.....]]></description><pubDate>April 18,2011</pubDate></item><item><title><![CDATA[Apeda Estimates Agri Exports At R40,000 cr [April 18,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/882/Apeda_Estimates_Agri_Exports_At_R40000_cr.html]]></guid><description><![CDATA[Apeda, the export promotion body for farm items, expects that total overseas shipments of agri products monitored by it would rise by about 14% to around R40,000 crore for 2010-11 fiscal.India's agri-exports under Apeda stood at nearly R35,000 crore .....]]></description><pubDate>April 18,2011</pubDate></item><item><title><![CDATA[Furniture, Handicraft Export Growth Expected To Slow [April 18,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/883/Furniture_Handicraft_Export_Growth_Expected_To_Slow.html]]></guid><description><![CDATA[THE COUNTRY&rsquo;S furniture and handicraft shipments will likely slow down this year, in line with a general normalization of the entire export industry from the strong rebound in 2010, government and industry leaders said over the weekend.Specific.....]]></description><pubDate>April 18,2011</pubDate></item><item><title><![CDATA[Knitwear Industry To Be In Severe Crisis If Issues Unresolved [April 18,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/884/Knitwear_Industry_To_Be_In_Severe_Crisis_If_Issues_Unresolved.html]]></guid><description><![CDATA[Knitwear export from this hosiery centre may decline by 30 per cent in this fiscal if the current crisis triggered by closure of about 700 dyeing and bleaching units is unresolved for another couple of months, the Tirupur Exporters'' Association has .....]]></description><pubDate>April 18,2011</pubDate></item><item><title><![CDATA[New Rule Affects Fertilizer Imports [April 16,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/873/New_Rule_Affects_Fertilizer_Imports.html]]></guid><description><![CDATA[Imports of chemical fertilizers via Haldia, a major port used for its import, has become difficult after India changed clearance provisions, traders said.Under the fresh provision, Indian port authority is clearing the consignments weighing them in p.....]]></description><pubDate>April 16,2011</pubDate></item><item><title><![CDATA[Import Authority For Rice Traders Offered Next Week [April 16,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/874/Import_Authority_For_Rice_Traders_Offered_Next_Week.html]]></guid><description><![CDATA[RICE TRADERS seeking a permit to ship in remaining stocks from abroad under a trade access scheme may apply with the National Food Authority starting next week, an official said on Friday."We will be accepting Letters of Intent (LoI) from traders for.....]]></description><pubDate>April 16,2011</pubDate></item><item><title><![CDATA[INDIA: Cut To Duty On Sugar Imports Under Consideration [April 16,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/875/INDIA_Cut_To_Duty_On_Sugar_Imports_Under_Consideration.html]]></guid><description><![CDATA[The India government is considering reducing its import levy on sugar after a two-year-old duty-free import exemption expired on 31 March, restoring the old punishing rate of 60%. With global sugar supplies tight and prices high, the country's consum.....]]></description><pubDate>April 16,2011</pubDate></item><item><title><![CDATA[India's Edible Oil Import Down 33 Pc In Mar [April 16,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/876/India's_Edible_Oil_Import_Down_33_Pc_In_Mar.html]]></guid><description><![CDATA[India''s edible oil import dipped for the fifth consecutive month by 33 per cent to 4,12,088 tonnes in March, as against 6,12,293 tonnes in the same period previous year, the edible oil industry body SEA said today.The country''s overseas purchase of.....]]></description><pubDate>April 16,2011</pubDate></item><item><title><![CDATA[India To Limit Telecom Equipment Imports [April 16,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/877/India_To_Limit_Telecom_Equipment_Imports.html]]></guid><description><![CDATA[The Telecom Regulatory Authority of India wants to boost domestic production, with subsidies for local operatorsIndia&rsquo;s telecoms regulator wants to restrict imports of equipment and boost domestic manufacturers&rsquo; home production.The Teleco.....]]></description><pubDate>April 16,2011</pubDate></item><item><title><![CDATA[$51m Earned Thru' Export Of Plastic Products In Jul-Mar [April 16,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/878/$51m_Earned_Thru'_Export_Of_Plastic_Products_In_Jul-Mar.html]]></guid><description><![CDATA[The country had earned a total of US$50.06 million in first nine months of the current fiscal year (2010-2011) by exporting plastic products against the target of $38.82 million. Growth of export performance over export target for the period was 28.9.....]]></description><pubDate>April 16,2011</pubDate></item><item><title><![CDATA[Groups Demand Removal Of Import Clearance Norm On NR [April 15,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/867/Groups_Demand_Removal_Of_Import_Clearance_Norm_On_NR.html]]></guid><description><![CDATA[The All-India Rubber Industries Association (Airia) and the Automotive Tyre Manufacturers&rsquo; Association (Atma) have asked for withdrawal of random inspection of imported natural rubber (NR) by the Rubber Board, as the delay in clearance has star.....]]></description><pubDate>April 15,2011</pubDate></item><item><title><![CDATA[India Seeks New Trade Pacts To Boost Exports [April 15,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/868/India_Seeks_New_Trade_Pacts_To_Boost_Exports.html]]></guid><description><![CDATA[India may soon start trade talks with Indonesia, Australia and the Common Market for Eastern and Southern Africa (Comesa) bloc to open new avenues for exporters as Europe and the US take longer than expected to recover from an economic slowdown.The t.....]]></description><pubDate>April 15,2011</pubDate></item><item><title><![CDATA[Haryana To Import Varieties Of Citrus Fruits,Mango From Israel [April 15,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/869/Haryana_To_Import_Varieties_Of_Citrus_FruitsMango_From_Israel.html]]></guid><description><![CDATA[The Haryana government today said it will expand the base of Indo-Israel cooperation and import those varieties of citrus fruits from the country that are suitable for the state and also boost stagnant yield of mango fruit with the help of Israeli ex.....]]></description><pubDate>April 15,2011</pubDate></item><item><title><![CDATA[Over 125 Handicraft Exporters To Take Part In Hong Kong Fairs [April 15,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/870/Over_125_Handicraft_Exporters_To_Take_Part_In_Hong_Kong_Fairs.html]]></guid><description><![CDATA[Over 125 Indian handicraft exporters will display their innovative eco-friendly items in three trade fairs to be held in Hong Kong, starting April 20, to market their products in the new market.The handicraft exporters would participate in three fair.....]]></description><pubDate>April 15,2011</pubDate></item><item><title><![CDATA[Demand for diamonds jumps in India [April 15,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/871/Demand_for_diamonds_jumps_in_India.html]]></guid><description><![CDATA[A new story appears to be playing out in India with regard to diamond consumption. Demand for the precious stones set in jewellery surged 31% in India in 2010, as compared to diamond jewellery demand in China which grew by just 25%.Currently, India a.....]]></description><pubDate>April 15,2011</pubDate></item><item><title><![CDATA[India Cautious Over Wheat Exports As Inflation Bites [April 15,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/872/India_Cautious_Over_Wheat_Exports_As_Inflation_Bites.html]]></guid><description><![CDATA[Any government faced with huge grain stockpiles, strengthening global prices and prospects of record output would be tempted to jump into export markets, but India's policy makers will think twice before opening the floodgates for exports of wheat.Wh.....]]></description><pubDate>April 15,2011</pubDate></item><item><title><![CDATA[India's Trade And Business With Africa Booms [April 14,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/861/India's_Trade_And_Business_With_Africa_Booms.html]]></guid><description><![CDATA[India's trade with Africa totalled $45bn last year in addition to a number of investments across the continent that are worth more than $45bn, a senior Indian official said in this Nigerian capital.A total of $2.3bn out of the $5.4bn credit earmarked.....]]></description><pubDate>April 14,2011</pubDate></item><item><title><![CDATA[India Sugar Output To Jump 30-35% To 24-25 Million MT: ICRA [April 14,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/862/India_Sugar_Output_To_Jump_30-35%_To_24-25_Million_MT_ICRA.html]]></guid><description><![CDATA[The domestic sugar stock position is expected to turn surplus in the current season with the sugar output likely to outstrip domestic consumption marginally. During SY 2010-11, sugar output is likely to see a 30-35 per cent growth to around 24-25 mil.....]]></description><pubDate>April 14,2011</pubDate></item><item><title><![CDATA[Market Rates Will Apply On Desubsidised Pulses Import [April 14,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/863/Market_Rates_Will_Apply_On_Desubsidised_Pulses_Import.html]]></guid><description><![CDATA[Policymakers have withdrawn the four-year-old scheme of 15% subsidy on cif value on import of pulses and peas made by central PSUs - STC , MMTC , PEC and Nafed - from 2011-12. This is a creditable step from long-term perspective of keeping internatio.....]]></description><pubDate>April 14,2011</pubDate></item><item><title><![CDATA[BRICS Panel To Intensify Economic Links [April 14,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/864/BRICS_Panel_To_Intensify_Economic_Links.html]]></guid><description><![CDATA[The Economic and Trade Ministers of the BRICS (Brazil, Russia, India, China and South Africa) nations have decided to set up a liaison group to intensify cooperation and pledged to oppose trade protectionism.This will mean examining the current state.....]]></description><pubDate>April 14,2011</pubDate></item><item><title><![CDATA[Tea Exports From South India Up 9.44 pc On Overseas Demand [April 14,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/865/Tea_Exports_From_South_India_Up_944_pc_On_Overseas_Demand.html]]></guid><description><![CDATA[Tea exports from South India rose by 9.44 per cent in February 2011 to 5.33 million kg on the back of increased overseas demand, according to an industry body.Shipments of the brew stood at 4.87 million kg in the corresponding period of the previous .....]]></description><pubDate>April 14,2011</pubDate></item><item><title><![CDATA[India: Pomegranate Production, Exports Hit By Blight [April 14,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/866/India_Pomegranate_Production_Exports_Hit_By_Blight.html]]></guid><description><![CDATA[Pomegranate production in the state and its exports to Europe have consistently gone down during the last two years due to the incidence of a disease called bacterial blight. However, better export prices due to the shortage of the fruit in the marke.....]]></description><pubDate>April 14,2011</pubDate></item><item><title><![CDATA[U.S. Trade Deficit Falls Amid Drop In Imports, Exports [April 13,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/855/US_Trade_Deficit_Falls_Amid_Drop_In_Imports_Exports.html]]></guid><description><![CDATA[The U.S. trade deficit declined 2.6 percent in February to $45.8 billion, compared with $47 billion the previous month, the commerce department said.While U.S. exports fell 1.4 percent to $165.12 billion, imports were also down, slipping 1.7 percent .....]]></description><pubDate>April 13,2011</pubDate></item><item><title><![CDATA[Import Registration Rules For Cosmetics Imports Postponed To October 2011 [April 13,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/856/Import_Registration_Rules_For_Cosmetics_Imports_Postponed_To_October_2011.html]]></guid><description><![CDATA[Union government has postponed the implementation of the notification of the rule requiring importers of cosmetics to register with the office of Drugs Controller General of India (DCGI) before marketing them in India.The government notification via .....]]></description><pubDate>April 13,2011</pubDate></item><item><title><![CDATA[Rupee Down 15 Paise Against US Dollar [April 13,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/857/Rupee_Down_15_Paise_Against_US_Dollar.html]]></guid><description><![CDATA[The Indian Rupee depreciated by 15 paise to Rs 44.53 against the US dollar in early trade on the Interbank Foreign Exchange today, weighed down by a weak trend in the stock market and dollar's gain against other Asian currencies.It had tumbled by 31 .....]]></description><pubDate>April 13,2011</pubDate></item><item><title><![CDATA[IECC Ties-Up With SBG For Construction Products Plant In India [April 13,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/858/IECC_Ties-Up_With_SBG_For_Construction_Products_Plant_In_India.html]]></guid><description><![CDATA[IL&amp;FS Engineering &amp; Construction Company (IECC), formerly known as Maytas Infra, today said it has joined hands with Saudi Arabia-based infrastructure conglomerate Saudi Binladin Group (SBG) for manufacturing of precast construction products .....]]></description><pubDate>April 13,2011</pubDate></item><item><title><![CDATA[India Plans Stronger Trade Ties With Nigeria [April 13,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/859/India_Plans_Stronger_Trade_Ties_With_Nigeria.html]]></guid><description><![CDATA[The government of India has said it is looking into addressing the lopsided economic relationship between it and Nigeria.Figures of trade released by the country show that bilateral relations between both countries for the year ended March 31, 2010 i.....]]></description><pubDate>April 13,2011</pubDate></item><item><title><![CDATA[US Farm Giant ADM Buys Soyabean Plant In India [April 13,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/860/US_Farm_Giant_ADM_Buys_Soyabean_Plant_In_India.html]]></guid><description><![CDATA[US agro giant ADM is believed to have acquired a 1,000-tonne per day (tpd) soyabean crushing plant near Nagpur from Madhur Agro Proteins for an undisclosed sum, according to two persons familiar with the development. It would mark the foray of the wo.....]]></description><pubDate>April 13,2011</pubDate></item><item><title><![CDATA[Government Weighs Proposal To Cut Import Duty On Sugar From 60% To 15% [April 12,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/849/Government_Weighs_Proposal_To_Cut_Import_Duty_On_Sugar_From_60%_To_15%.html]]></guid><description><![CDATA[The government is examining a proposal to bring down import levy on sugar after duties were restored to 60% from the beginning of current financial as a two-year old order allowing free exports lapsed on March 31.The food and consumer affair ministry.....]]></description><pubDate>April 12,2011</pubDate></item><item><title><![CDATA[Fertiliser Cos Say No To Potash Import For Now [April 12,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/850/Fertiliser_Cos_Say_No_To_Potash_Import_For_Now.html]]></guid><description><![CDATA[In a concerted bid to pressurise global potash supplying giants into tempering high import prices, the Indian fertiliser industry announced its decision on Monday "to take holiday" from further import of the commodity ."The unreasonable, exorbitant i.....]]></description><pubDate>April 12,2011</pubDate></item><item><title><![CDATA[European Container Exports On The Up [April 12,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/851/European_Container_Exports_On_The_Up.html]]></guid><description><![CDATA[Container exports from Europe in February increased on all the main trade routes compared with January, and were also higher than in the same month a year ago.And imports into Europe were down on all trades except from South America, which increased .....]]></description><pubDate>April 12,2011</pubDate></item><item><title><![CDATA[India - Cotton Prices In Gujarat Ease By 2 Percent [April 12,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/852/India_-_Cotton_Prices_In_Gujarat_Ease_By_2_Percent.html]]></guid><description><![CDATA[After a recent spell of bullishness, cotton prices have started cooling down in Gujarat as the millers have gone slow on buying in the wake of piling up of cotton inventory. The prices for Shanker-6 variety of cotton had touched a peak of Rs 62,500 p.....]]></description><pubDate>April 12,2011</pubDate></item><item><title><![CDATA[India Copper And Gold Futures Seen Higher [April 12,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/853/India_Copper_And_Gold_Futures_Seen_Higher.html]]></guid><description><![CDATA[Reuters reported that India's copper futures are likely to extend last week's gains due to a rise in the overseas markets and as the Indian rupee was trading weak.Copper prices firmed slightly in both London and Shanghai markets while London tin hit .....]]></description><pubDate>April 12,2011</pubDate></item><item><title><![CDATA[Buddha Urges Pranab To Reconsider Excise Duty On jute [April 12,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/854/Buddha_Urges_Pranab_To_Reconsider_Excise_Duty_On_jute.html]]></guid><description><![CDATA[West Bengal Chief Minister Buddhadeb Bhattacharjee today urged the Union Finance minister Pranab Mukherjee to reconsider the Centre's decision to impose excise duty of 10% on jute packaging products. "The excise duty will deal a severe blow to West B.....]]></description><pubDate>April 12,2011</pubDate></item><item><title><![CDATA[Tea Exports Fell By 11% in February [April 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/843/Tea_Exports_Fell_By_11%_in_February.html]]></guid><description><![CDATA[India's tea exports in February this year fell by almost 11 per cent to 11.93 million kg, according to the latest Tea Board data.The country had exported 13.35 million kg of tea in the year-ago period, the data said.Tea exports from North India in th.....]]></description><pubDate>April 11,2011</pubDate></item><item><title><![CDATA[India Can Easily Export 3-4 mn Tons Of Wheat: CACP [April 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/844/India_Can_Easily_Export_3-4_mn_Tons_Of_Wheat_CACP.html]]></guid><description><![CDATA[With government sitting on excess foodgrains stocks worth Rs 43,000 crore, the Commission for Agricultural Costs and Prices (CACP) feels the country can easily export 3-4 million tonnes of wheat to take benefit of higher global prices.The government .....]]></description><pubDate>April 11,2011</pubDate></item><item><title><![CDATA[India Still 2nd Best FDI Spot, Recent Dip Temporary [April 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/845/India_Still_2nd_Best_FDI_Spot_Recent_Dip_Temporary.html]]></guid><description><![CDATA[Nomura India has said despite recent massive slump in FDI inflows, the country remains the hottest investment destination in the world after China and that inflows will return to the pre-crisis peak by early 2012.Foreign direct investment (FDI) inflo.....]]></description><pubDate>April 11,2011</pubDate></item><item><title><![CDATA[Bullish Trend To Continue In Maize On Strong Export Demand [April 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/846/Bullish_Trend_To_Continue_In_Maize_On_Strong_Export_Demand.html]]></guid><description><![CDATA[Bullish trend might continue in maize market in the wake of strong export demand along with steady gains in other coarse cereals. As per market sources, India's total maize export is likely to reach 23 lakh tonnes in 2010-11 marketing year (October-S.....]]></description><pubDate>April 11,2011</pubDate></item><item><title><![CDATA[Rupee Down By 9 Paise Against US Dollar In Early Trade [April 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/847/Rupee_Down_By_9_Paise_Against_US_Dollar_In_Early_Trade.html]]></guid><description><![CDATA[The Indian Rupee fell marginally by 9 paise to Rs. 44.16 against the US dollar in early trade on the Interbank Foreign Exchange today, weighed down by a weak trend at the bourses.However, dollar&rsquo;s losses against other currencies abroad restrict.....]]></description><pubDate>April 11,2011</pubDate></item><item><title><![CDATA[SIMA Appeals To PM For Not Allowing Cotton Export Till Jan [April 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/848/SIMA_Appeals_To_PM_For_Not_Allowing_Cotton_Export_Till_Jan.html]]></guid><description><![CDATA[SIMA, the apex body of textile mills, has appealed to Prime Minister Manmohan Singh for not allowing further cotton exports till January 31 next year to enable the country to build necessary buffer stock and overcome the raw material crisis.In a memo.....]]></description><pubDate>April 11,2011</pubDate></item><item><title><![CDATA[A Decline In The Volume Of India�s Rough Diamond Imports [March 28,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/838/A_Decline_In_The_Volume_Of_India�s_Rough_Diamond_Imports.html]]></guid><description><![CDATA[Gross rough diamond imports by India increased in February by 31.9 percent to $1.08 billion, according to provisional figures released by the Gem &amp; Jewellery Export Promotion Council (GJEPC). The volume of imports declined 30.3 percent to 11,643,.....]]></description><pubDate>March 28,2011</pubDate></item><item><title><![CDATA[BlackBerry May Develop India Into Export Hub [March 28,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/839/BlackBerry_May_Develop_India_Into_Export_Hub.html]]></guid><description><![CDATA[After Nokia, Samsung, LG and other global brands, BlackBerry smartphones-maker Research in Motion is likely to set up an Indian manufacturing facility in view of the potential within the country and the surrounding region and may develop the country .....]]></description><pubDate>March 28,2011</pubDate></item><item><title><![CDATA[India Reports $732.5M in Net Polished Exports, Negative Trade By Volume [March 28,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/840/India_Reports_$7325M_in_Net_Polished_Exports_Negative_Trade_By_Volume.html]]></guid><description><![CDATA[India reportedly exported $3.11 billion worth of polished diamonds last February, growing 54.3 percent from last year. India&rsquo;s official polished diamond trading figures are notoriously inflated, and are not considered an accurate reflection of .....]]></description><pubDate>March 28,2011</pubDate></item><item><title><![CDATA[Govt Push To 49% FDI In Insurance [March 28,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/841/Govt_Push_To_49%_FDI_In_Insurance.html]]></guid><description><![CDATA[Finance minister Pranab Mukherjee on Sunday said the government is talking to political parties to garner support required to push through a bill that allows 49% FDI in the insurance sector.Speaking on the sidelines of an event to commemorate the cen.....]]></description><pubDate>March 28,2011</pubDate></item><item><title><![CDATA[Greater Cooperation Between Philippines, India Urged [March 28,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/842/Greater_Cooperation_Between_Philippines_India_Urged.html]]></guid><description><![CDATA[The Philippines and India called for greater cooperation between the business and industry sectors of both countries during the 1st Philippines-India Joint Commission on Bilateral Cooperation (JCBC) in New Delhi, India last March 15, 2011.In particul.....]]></description><pubDate>March 28,2011</pubDate></item><item><title><![CDATA[Aluminium Utensil Makers Befuddled Over Excise Duty [March 22,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/833/Aluminium_Utensil_Makers_Befuddled_Over_Excise_Duty.html]]></guid><description><![CDATA[Imposition of excise duty on utensils has not augured well for the utensil manufacturers in the region, with the industry being befuddled over the decision.

Federation of All India Aluminium Utensil manufacturers President Bharat Garg maintained, .....]]></description><pubDate>March 22,2011</pubDate></item><item><title><![CDATA[Pragmatic Pricing On Convertibles To Boost FDI [March 22,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/834/Pragmatic_Pricing_On_Convertibles_To_Boost_FDI.html]]></guid><description><![CDATA[The existing foreign direct investment (FDI) policy mandates foreign investors to determine the conversion price of convertible instruments upfront at the time of issue. However, the norm does not factor in commercial considerations of foreign invest.....]]></description><pubDate>March 22,2011</pubDate></item><item><title><![CDATA[Gold Extends Gains, Traders Stay Away [March 22,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/835/Gold_Extends_Gains_Traders_Stay_Away.html]]></guid><description><![CDATA[&nbsp;India gold futures extended gains on Monday afternoon to hit their highest level in a week, following overseas markets, though a strong rupee kept the upside in prices limited, and traders were unwilling to book high-priced stocks, dealers said.....]]></description><pubDate>March 22,2011</pubDate></item><item><title><![CDATA[Coffee Board Takes Steps To Up Exports [March 22,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/836/Coffee_Board_Takes_Steps_To_Up_Exports.html]]></guid><description><![CDATA[In order to encourage coffee exports from India to the various regions of the world, the Coffee Board of India has announced coffee exporters award for 2010 in Bangalore."Coffee export awards will encourage exporters to not only go for high volume of.....]]></description><pubDate>March 22,2011</pubDate></item><item><title><![CDATA[Cotton Prices To Stay Higher For Some More Time [March 22,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/837/Cotton_Prices_To_Stay_Higher_For_Some_More_Time.html]]></guid><description><![CDATA[Farmers in Tamil Nadu are recommended to go for cotton cultivation to get better prices, sowing of which should be ended before March.The prices of the cotton crop, to be harvested during June-September would be around Rs 5,500 to Rs 6,200 per quinta.....]]></description><pubDate>March 22,2011</pubDate></item><item><title><![CDATA[Ambitious Targets For Exports [March 21,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/827/Ambitious_Targets_For_Exports.html]]></guid><description><![CDATA[Early this month, the Union Commerce Ministry released a draft strategy paper for doubling exports in three years to $450 billion by 2014. The immediate target is to reach $225 billion by the end of this year. The doubling of exports will be possible.....]]></description><pubDate>March 21,2011</pubDate></item><item><title><![CDATA[Rupee Up 11 Paise Against U.S. Dollar In Early Trade [March 21,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/828/Rupee_Up_11_Paise_Against_US_Dollar_In_Early_Trade.html]]></guid><description><![CDATA[The Indian rupee strengthened by 11 paise to Rs. 45.02 per dollar in early trade at the Interbank Foreign Exchange on Monday, supported by a higher opening in the stock market and dollar weakness against other currencies.The rupee had appreciated by .....]]></description><pubDate>March 21,2011</pubDate></item><item><title><![CDATA[Aviation FDI Hears Freedom Call [March 21,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/829/Aviation_FDI_Hears_Freedom_Call.html]]></guid><description><![CDATA[New Delhi, March 20: The government may allow foreign airlines to pick up minority stakes in domestic carriers, as part of its upcoming FDI policy review later this month. Rules are also likely to be relaxed for foreign firms who are required to seek.....]]></description><pubDate>March 21,2011</pubDate></item><item><title><![CDATA[ADMA Seeks Exemption From 1 Per Cent Excise Duty On Ayurvedic Classical Products [March 21,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/830/ADMA_Seeks_Exemption_From_1_Per_Cent_Excise_Duty_On_Ayurvedic_Classical_Products.html]]></guid><description><![CDATA[The Ayurvedic Drug Manufacturers' Association (ADMA) has urged the union government to revoke the implementation of one per cent excise duty on ayurvedic classical products that was proposed in the union budget for the year 2011-12, which was recentl.....]]></description><pubDate>March 21,2011</pubDate></item><item><title><![CDATA[Punjab Traders Demand A Transit Route to Central Asia via Pakistan to Export Goods [March 21,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/831/Punjab_Traders_Demand_A_Transit_Route_to_Central_Asia_via_Pakistan_to_Export_Goods.html]]></guid><description><![CDATA[Amritsar, Mar 20(ANI): In a bid to promote trade, the exporters in Punjab have demanded the government to tie up with Pakistan and make way for a transit route for exporting goods to Central Asia.Suneet Kochar, the Chairman of Confederation of Indian.....]]></description><pubDate>March 21,2011</pubDate></item><item><title><![CDATA[Commodity Trends: Rubber Recovers Fast, Uptrend in Pepper [March 21,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/832/Commodity_Trends_Rubber_Recovers_Fast_Uptrend_in_Pepper.html]]></guid><description><![CDATA[SoybeanSoybean futures gained tracking global trends with CBOT soybean gaining on tight supplies due to strong demand. Markets fear that Brazil&rsquo;s soy corp may be lower than expected while Informa Economics forecasted that acreage will be lesser.....]]></description><pubDate>March 21,2011</pubDate></item><item><title><![CDATA[India's IOC FY12-Term Crude Oil Imports Seen Up 4.2 Pct-Sources [March 16,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/821/India's_IOC_FY12-Term_Crude_Oil_Imports_Seen_Up_42_Pct-Sources.html]]></guid><description><![CDATA[NEW DELHI, March 15 (Reuters) - Indian Oil Corp (IOC) will import 4.2 percent more crude oil in term deals for the next fiscal starting April than a year ago, two sources familiar with the plan said, to feed its expanded capacity.&nbsp;&nbsp; &nbsp;&.....]]></description><pubDate>March 16,2011</pubDate></item><item><title><![CDATA[Don�t Ban Iron Ore Exports, Increase It: Commerce Min [March 16,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/822/Don�t_Ban_Iron_Ore_Exports_Increase_It_Commerce_Min.html]]></guid><description><![CDATA[Warning against a ban on exports of iron ore, the commerce ministry has said that imposing undue restrictions on mining would be &ldquo;undesirable&rdquo;. Instead, it indicated that the quantum of exports should be almost doubled. The suggestion, ho.....]]></description><pubDate>March 16,2011</pubDate></item><item><title><![CDATA[Govt, Exporters Grope In Dark As Trade With Japan Comes to Halt [March 16,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/823/Govt_Exporters_Grope_In_Dark_As_Trade_With_Japan_Comes_to_Halt.html]]></guid><description><![CDATA[NEW DELHI: India's exports to Japan have come to a grinding halt as the country struggles to come to grips with the havoc wreaked by last week's tsunami and earthquake . Japanese buyers have sought at least a week's time to respond to queries on orde.....]]></description><pubDate>March 16,2011</pubDate></item><item><title><![CDATA[Japanese Tsunami Could Rattle Seafood Exports Industry [March 16,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/824/Japanese_Tsunami_Could_Rattle_Seafood_Exports_Industry.html]]></guid><description><![CDATA[The tsunami that wreaked havoc in Japan last week is set to rock the $2-billion Indian seafood export industry. The North-Eastern city of Sendai in Japan, the epicentre of the quake and tsunami, was a bustling city full of seafood factories and proce.....]]></description><pubDate>March 16,2011</pubDate></item><item><title><![CDATA[Polymer Makers Raise Prices Again Makers  [March 16,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/825/Polymer_Makers_Raise_Prices_Again_Makers_.html]]></guid><description><![CDATA[Polymer prices, especially polypropylene (PP), have gone up once again. This is the fourth price rise since January 2011.Company officials explained the increase has been done to bring about parity with the import prices which have shot up following .....]]></description><pubDate>March 16,2011</pubDate></item><item><title><![CDATA[More FDI Needed From India: DPM [March 16,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/826/More_FDI_Needed_From_India_DPM.html]]></guid><description><![CDATA[KATHMANDU: Deputy prime minister and finance minister Bharat Mohan Adhikari said that Nepal needs to attract foreign direct investment (FDI) in the hydropower, infrastructure and mining sectors.&ldquo;Nepal needs to attract more FDI from other countr.....]]></description><pubDate>March 16,2011</pubDate></item><item><title><![CDATA[Lanka Suspends Import of Indian Locomotives [March 15,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/816/Lanka_Suspends_Import_of_Indian_Locomotives.html]]></guid><description><![CDATA[Colombo, Mar 14 (PTI) Sri Lanka has suspended the import of 17 diesel-electric locomotives from India after one of them came to an abrupt halt when put on track last week, raising serious concern about their quality.Transport Minister Kumara Welgama .....]]></description><pubDate>March 15,2011</pubDate></item><item><title><![CDATA[India's Gold Bullion Imports Jump - 14 March 2011 [March 15,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/817/India's_Gold_Bullion_Imports_Jump_-_14_March_2011.html]]></guid><description><![CDATA[GOLD BULLION imports through the India hub of Ahmedabad have risen to a six-year high, according to the city's air cargo operators."Compared to 2009-10, the gold import at Ahmedabad has increased by more than 15% in [the last 11 months of] 2010-11," .....]]></description><pubDate>March 15,2011</pubDate></item><item><title><![CDATA[Indian Exports Take a Hit, Gains Seen in Long Term [March 15,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/818/Indian_Exports_Take_a_Hit_Gains_Seen_in_Long_Term.html]]></guid><description><![CDATA[KOLKATA/MUMBAI/KOCHI/AHMEDABAD: The earthquake in Japan has knocked the bottom out of India's iron ore, animal protein and seafood exports as ports shut down in the island country, and increased volatility in Indian commodity markets as jittery inves.....]]></description><pubDate>March 15,2011</pubDate></item><item><title><![CDATA[Indian Engineering Exports May Cross USD 50 Billion [March 15,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/819/Indian_Engineering_Exports_May_Cross_USD_50_Billion.html]]></guid><description><![CDATA[India's engineering exports are likely to cross the USD 50 billion mark by the end of this fiscal on the back of increasing demand in markets like North America, Africa and Middle East countries.Commerce and industry ministry joint secretary Mr Suman.....]]></description><pubDate>March 15,2011</pubDate></item><item><title><![CDATA[India's Tyre Exports Up By 17.5% in Apr-Sept 2010 Tyre  [March 15,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/820/India's_Tyre_Exports_Up_By_175%_in_Apr-Sept_2010_Tyre_.html]]></guid><description><![CDATA[NEW DELHI: India's tyre exports grew by about 17.5 per cent year-on-year to 29.19 lakh units during April-September 2010, Parliament was informed today.During April-September 2009, the country exported 24.81 tyres, Minister of State for Commerce and .....]]></description><pubDate>March 15,2011</pubDate></item><item><title><![CDATA[Exports Cross $200-Bn Mark in April-Feb, Beat Govt Estimate [March 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/810/Exports_Cross_$200-Bn_Mark_in_April-Feb_Beat_Govt_Estimate.html]]></guid><description><![CDATA[Maintaining a steady growth momentum, India&rsquo;s merchandise exports touched $208.2 billion in the April-February period of the current financial year, already exceeding the government&rsquo;s target of $200 billion for the entire financial year.I.....]]></description><pubDate>March 11,2011</pubDate></item><item><title><![CDATA[Commerce Secy Flays Finance Ministry On SEZ Tax [March 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/811/Commerce_Secy_Flays_Finance_Ministry_On_SEZ_Tax.html]]></guid><description><![CDATA[Departing from his usually cautious approach, commerce secretary Rahul Khullar on Thursday took objection to the way the country&rsquo;s special economic zone (SEZ) policy was drastically altered by the finance ministry in the budget.Presenting the b.....]]></description><pubDate>March 11,2011</pubDate></item><item><title><![CDATA[Govt May Tighten FDI Norms for NBFCs, Realty Firms [March 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/812/Govt_May_Tighten_FDI_Norms_for_NBFCs_Realty_Firms.html]]></guid><description><![CDATA[




Institutional investors wanting to be a part of India&rsquo;s booming real estate sector may now have to be more patient to reap the rewards. It is because the government is planning a new regulation wherein money poured in by investors in .....]]></description><pubDate>March 11,2011</pubDate></item><item><title><![CDATA[Liquor On A High As State Hikes Excise Duty by 20% [March 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/813/Liquor_On_A_High_As_State_Hikes_Excise_Duty_by_20%.html]]></guid><description><![CDATA[Potable alcohol, including the India Made Foreign Liquor (IMFL) and country liquor (CL), will be dearer from April 1. The state has effected a 20 per cent hike in excise duty and the license fee.The new excise policy &mdash; approved by the cabinet o.....]]></description><pubDate>March 11,2011</pubDate></item><item><title><![CDATA[Ferrari To Make India Debut, Price To Start From Rs 2.27 crore [March 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/814/Ferrari_To_Make_India_Debut_Price_To_Start_From_Rs_227_crore.html]]></guid><description><![CDATA[NEW DELHI: Italian super sports car Ferrari will be launched in India. The car will be available in the price band of 2.27-3.37 crore. Ferrari, part of Italy's largest car company Fiat Auto, has inked a deal with India's Shreyans group to import and .....]]></description><pubDate>March 11,2011</pubDate></item><item><title><![CDATA[India Must Allow 500,000 Tonnes of Sugar Exports - Industry [March 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/815/India_Must_Allow_500000_Tonnes_of_Sugar_Exports_-_Industry.html]]></guid><description><![CDATA[India must soon allow 500,000 tonnes of unrestricted sugar exports as bumper output can easily help the world's top consumer ship out 1.5 million tonnes more of the sweetener, industry officials said on Thursday.India, the world's second-biggest prod.....]]></description><pubDate>March 11,2011</pubDate></item><item><title><![CDATA[India Imported 1.61 Mn Tonnes Of Pulses in Apr-Oct 2010-11 [March 09,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/805/India_Imported_161_Mn_Tonnes_Of_Pulses_in_Apr-Oct_2010-11.html]]></guid><description><![CDATA[New Delhi, Mar 8 (PTI) India imported 1.61 million tonnes of pulses worth Rs 4,542.29 crore in the first seven months of this fiscal, Parliament was informed today.The country had imported 3.51 million tonnes of pulses worth Rs 9,813.37 crore in the .....]]></description><pubDate>March 09,2011</pubDate></item><item><title><![CDATA[Re Weakens On Oil Concerns, Bonds Up [March 09,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/806/Re_Weakens_On_Oil_Concerns_Bonds_Up.html]]></guid><description><![CDATA[The rupee weakened for a second day as overseas demand for Indian equities was offset by concern higher oil prices will undermine economic growth.The rupee declined 0.1% to 45.09 on Tuesday's trade. The currency has declined 0.8% this year, the third.....]]></description><pubDate>March 09,2011</pubDate></item><item><title><![CDATA[Govt Exempts Custom Duty For Cricket World Cup [March 09,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/807/Govt_Exempts_Custom_Duty_For_Cricket_World_Cup.html]]></guid><description><![CDATA[NEW DELHI: With India hosting the lion's share of cricket World Cup matches, Sports Minister Ajay Maken today said his department has exempted custom duty on the import of equipments and consumables necessary for the smooth conduct of the tournament......]]></description><pubDate>March 09,2011</pubDate></item><item><title><![CDATA[India's Marine Exports Grow 20 Per Cent in Dec [March 09,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/808/India's_Marine_Exports_Grow_20_Per_Cent_in_Dec.html]]></guid><description><![CDATA[India's export of seafood items jumped 20 per cent to USD 261 million in December, 2010 year-on-year on the rising demand from the US and Japan.The marine exports stood at USD 217 million in December, 2009, according to Marine Products Export Develop.....]]></description><pubDate>March 09,2011</pubDate></item><item><title><![CDATA[Planning Commission Panel For Slashing Pharma FDI [March 09,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/809/Planning_Commission_Panel_For_Slashing_Pharma_FDI.html]]></guid><description><![CDATA[An expert group constituted under the Planning Commission has recommended reducing foreign direct investment (FDI) limit in the pharmaceutical sector to below 49% in order to bring down the cost of medicines.Currently, the government allows 100% FDI .....]]></description><pubDate>March 09,2011</pubDate></item><item><title><![CDATA[Malaysia Wants Safe, Quality Food Imports From India - Liow [March 06,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/799/Malaysia_Wants_Safe_Quality_Food_Imports_From_India_-_Liow.html]]></guid><description><![CDATA[NEW DELHI, (Bernama) -- Malaysia, a large importer of food items from India, is initiating a new agreement with the Indian Government to monitor the quality and safety of imports coming from the sub-continent.The country imports about 80 per cent of .....]]></description><pubDate>March 06,2011</pubDate></item><item><title><![CDATA[Plan To Protect Crude Supply In The Works [March 06,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/800/Plan_To_Protect_Crude_Supply_In_The_Works.html]]></guid><description><![CDATA[New Delhi, March 6: The petroleum ministry and PSU oil retailers are trying to thrash out a strategy on steady oil supply in the wake of soaring crude prices caused by the political turmoil in Libya and West Asia.Senior ministry officials and heads o.....]]></description><pubDate>March 06,2011</pubDate></item><item><title><![CDATA[China Fear Spurs Duty Gift to Asean [March 06,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/801/China_Fear_Spurs_Duty_Gift_to_Asean.html]]></guid><description><![CDATA[New Delhi, : Duty cuts in the budget favouring Asean seem to be the outcome of a desire to neutralise a Chinese threat and quickly sew up a deal on service and investment with the 10-nation economic bloc.Known to being tight-fisted on duty cuts, the .....]]></description><pubDate>March 06,2011</pubDate></item><item><title><![CDATA[India Wheat, Non-Basmati Rice Export Ban May Continue: USDA [March 06,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/802/India_Wheat_Non-Basmati_Rice_Export_Ban_May_Continue_USDA.html]]></guid><description><![CDATA[NEW DELHI: India is unlikely to lift ban on export of wheat and non-basmati rice in the wake of high food inflation and food security concerns, the US Department of Agriculture (USDA) has said in its latest report.India had suspended wheat exports in.....]]></description><pubDate>March 06,2011</pubDate></item><item><title><![CDATA[Garments Exports Up 19.5% in Jan [March 06,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/803/Garments_Exports_Up_195%_in_Jan.html]]></guid><description><![CDATA[Helped by rising demand in the US, India's apparel exports in January grew by 19.5 per cent year-on-year -- the highest in this fiscal -- to USD 1.14 billion, according to Apparel Export Promotion Council.The exports stood at USD 957 million in Janua.....]]></description><pubDate>March 06,2011</pubDate></item><item><title><![CDATA[Maharashtra, Delhi NCR Accounts For Over 50 pc of FDI in India [March 06,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/804/Maharashtra_Delhi_NCR_Accounts_For_Over_50_pc_of_FDI_in_India.html]]></guid><description><![CDATA[NEW DELHI: Maharashtra and Delhi's National Capital Region accounted for over 50 per cent of the foreign direct investment inflows into the country during April- December 2010-11, says industry ministry's latest data.Maharashtra attracted maximum for.....]]></description><pubDate>March 06,2011</pubDate></item><item><title><![CDATA[India Pays Crude Import Dues To Iran [March 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/788/India_Pays_Crude_Import_Dues_To_Iran.html]]></guid><description><![CDATA[India's oil minister says New Delhi has started making overdue payments to Iran for oil imports after the two countries resolved a row over how to pay for Iranian crude.Sudini Jaipal Reddy said on Thursday that Iran and India agreed on a new mechanis.....]]></description><pubDate>March 04,2011</pubDate></item><item><title><![CDATA[Growth of India and China Boosting US Exports: Geithner [March 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/789/Growth_of_India_and_China_Boosting_US_Exports_Geithner.html]]></guid><description><![CDATA[Rapid growth of emerging economies like India, China and Brazil is boosting the American exports, US Treasury Secretary Timothy Geithner has said.&nbsp;"Emerging economies like China, Brazil and India are growing very rapidly. That growth is helping .....]]></description><pubDate>March 04,2011</pubDate></item><item><title><![CDATA[Export Duty, Freight Hikes To Hit Iron Ore Exports In Near-Term [March 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/790/Export_Duty_Freight_Hikes_To_Hit_Iron_Ore_Exports_In_Near-Term.html]]></guid><description><![CDATA[India&rsquo;s iron ore exports are likely to dropowing to a steep hike in the export duty followed by a railway freight increase on Thursday, but chances are exports might pick up in about two months as China&rsquo;s appetite for the steel-making ing.....]]></description><pubDate>March 04,2011</pubDate></item><item><title><![CDATA[LCCI Demands To Halt Wool Exports To India [March 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/791/LCCI_Demands_To_Halt_Wool_Exports_To_India.html]]></guid><description><![CDATA[LAHORE: The government should halt wool exports to India as an acute shortage of the raw material has been created in the local market and as a result the prices have doubled.LCCI President, Shahzad Ali Malik issued this statement on Wednesday after .....]]></description><pubDate>March 04,2011</pubDate></item><item><title><![CDATA[FDI Cap In Pharma Will Hurt Global Investor Confidence: OPPI [March 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/792/FDI_Cap_In_Pharma_Will_Hurt_Global_Investor_Confidence_OPPI.html]]></guid><description><![CDATA[NEW DELHI: Imposing restrictions on FDI in the pharmaceutical sector , in the wake of MNCs acquiring domestic firms would hurt overseas investment flows into India and will send a wrong signal to global investors, Organisation of Pharmaceutical Produ.....]]></description><pubDate>March 04,2011</pubDate></item><item><title><![CDATA[Indian Shrimp Exports To US Get Cheaper [March 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/793/Indian_Shrimp_Exports_To_US_Get_Cheaper.html]]></guid><description><![CDATA[March 3: Indian shrimp exports to the United States will now become cheaper with the US department of commerce reducing the anti-dumping duty to 1.6 per cent from 2.67 per cent. This would boost fortunes of about 69 exporters &mdash;most of whom are .....]]></description><pubDate>March 04,2011</pubDate></item><item><title><![CDATA[Back India's Crude Imports Down 2.2% To 11.2 Mn Tonnes in Jan [March 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/794/Back_India's_Crude_Imports_Down_22%_To_112_Mn_Tonnes_in_Jan.html]]></guid><description><![CDATA[India's crude oil imports dipped by 2.2% in January to 11.28 million tonnes, despite fuel demand growing by a healthy 6%, according to official data released here.Asia's third largest economy imported 11.286 million tonnes of crude oil in January, as.....]]></description><pubDate>March 04,2011</pubDate></item><item><title><![CDATA[India's Engineering Exports To Touch $50 Billion This Fiscal News [March 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/795/India's_Engineering_Exports_To_Touch_$50_Billion_This_Fiscal_News.html]]></guid><description><![CDATA[Engineering exports from the country is expected to reach $50 billion in the current financial year (April-March 2010-11), a senior commerce ministry official said today."Exports of engineering goods from India are likely to be over $50 billion in th.....]]></description><pubDate>March 04,2011</pubDate></item><item><title><![CDATA[FM Hints At FDI Tweak To Boost Core [March 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/796/FM_Hints_At_FDI_Tweak_To_Boost_Core.html]]></guid><description><![CDATA[NEW DELHI: The government is considering measures to further ease flow of foreign direct investment (FDI) into infrastructure that is seen as the main driver of India's economic growth, finance minister Pranab Mukherjee said on Friday.The government .....]]></description><pubDate>March 04,2011</pubDate></item><item><title><![CDATA[Concerned Over Removal of SEZ Incentives In Budget 2011: Ascendas [March 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/797/Concerned_Over_Removal_of_SEZ_Incentives_In_Budget_2011_Ascendas.html]]></guid><description><![CDATA[SINGAPORE: The President and CEO of a major special economic zone investor in India today expressed concern about the removal of some development-related incentives for SEZs in the 2011-12 Budget presented by Finance Minister Pranab Mukherjee ."We ar.....]]></description><pubDate>March 04,2011</pubDate></item><item><title><![CDATA[Cut In Import Duty To Hit Incense Units [March 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/798/Cut_In_Import_Duty_To_Hit_Incense_Units.html]]></guid><description><![CDATA[Guwahati, March 4: The reduction in import duty from 30 per cent to 10 per cent on bamboo sticks for agarbatti (incense stick) will hit the industry in the Northeast, affecting nearly 30,000 women whose average income is between Rs 75 and Rs 105 dail.....]]></description><pubDate>March 04,2011</pubDate></item><item><title><![CDATA[Sensitive Items Imports Up 10.8% in Apr-Nov [March 03,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/782/Sensitive_Items_Imports_Up_108%_in_Apr-Nov.html]]></guid><description><![CDATA[India's imports of sensitive items, including foodgrains and milk products, has gone up by 10.8% to Rs 46,109 crore during the April-November of the current fiscal, from Rs 41,621 crore a year-ago.Foodgrains' imports soared to Rs 223.94 crore during .....]]></description><pubDate>March 03,2011</pubDate></item><item><title><![CDATA[Exports Rise 32.4% in Jan As Latin America, US Lap Up Indian Goods [March 03,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/783/Exports_Rise_324%_in_Jan_As_Latin_America_US_Lap_Up_Indian_Goods.html]]></guid><description><![CDATA[India&rsquo;s merchandise export saw a substantial jump to $20.6 billion in January, up 32.4 per cent compared to the same period a year ago, mainly on the back of rising demand in the US and Latin American markets.According to data released by the m.....]]></description><pubDate>March 03,2011</pubDate></item><item><title><![CDATA[Govt Slashes MEP On Onions To $450 Per Tonne [March 03,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/784/Govt_Slashes_MEP_On_Onions_To_$450_Per_Tonne.html]]></guid><description><![CDATA[In major relief for exporters, the government has slashed the Minimum Export Price (MEP) for onions by 25% to $450 per tonne from $600."MEP of onions other than Bangalore Rose onions and Krishnapuram will be $450 per tonne freight on board," the Dire.....]]></description><pubDate>March 03,2011</pubDate></item><item><title><![CDATA[Silence on FDI in LLPs Worries Experts [March 03,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/785/Silence_on_FDI_in_LLPs_Worries_Experts.html]]></guid><description><![CDATA[NEW DELHI: The 18.5% alternate minimum tax on limited liability partnerships announced in the Budget could queer the pitch for entrepreneurs with plans to reorganise their businesses into this format that combines features of companies and partnershi.....]]></description><pubDate>March 03,2011</pubDate></item><item><title><![CDATA[18.5 pc MAT On Units Operating in SEZs [March 03,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/786/185_pc_MAT_On_Units_Operating_in_SEZs.html]]></guid><description><![CDATA[&nbsp;NAGPUR: The budget presented by the finance minster this week has dealt another blow to Mihan-special economic zone (SEZ) which is being developed by the Maharashtra Airport Development Company (MADC). Last year the draft direct tax code put a .....]]></description><pubDate>March 03,2011</pubDate></item><item><title><![CDATA[Duty Hike On Iron Ore Not To Hit Industry in Big Way: NMDC [March 03,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/787/Duty_Hike_On_Iron_Ore_Not_To_Hit_Industry_in_Big_Way_NMDC.html]]></guid><description><![CDATA[New Delhi, Mar 2 (PTI) India''s largest iron-ore miner NMDC today said the hike in export duty on the raw material to 20 per cent will not hamper the profitability of the industry, including the Navratna firm, to a big extent."Basic purpose of the im.....]]></description><pubDate>March 03,2011</pubDate></item><item><title><![CDATA[India Could Import Milk If Output Not Increased [Feb 26,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/777/India_Could_Import_Milk_If_Output_Not_Increased.html]]></guid><description><![CDATA[The Economic Survey today warned that India, despite being the world  largest producer, could become a net importer of milk in next decade if  the growth in the sector is not accelerated to 5.5 per cent annually.The  report said the country has not b.....]]></description><pubDate>Feb 26,2011</pubDate></item><item><title><![CDATA[Lower Indian Import May Hit Vegoil Prices [Feb 26,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/778/Lower_Indian_Import_May_Hit_Vegoil_Prices.html]]></guid><description><![CDATA[India will process 12% more domestic oilseed crops into cooking oil this  year,trimming imports of edible oil by up to 5% in the first such  slowing in five years, easing global prices and blunting food-driven  inflation.India, the world&rsquo;s top .....]]></description><pubDate>Feb 26,2011</pubDate></item><item><title><![CDATA[Fertiliser Imports In April-Nov Stand At 16.17 Mn Tn [Feb 26,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/779/Fertiliser_Imports_In_April-Nov_Stand_At_1617_Mn_Tn.html]]></guid><description><![CDATA[India imported 16.17 million tonnes of fertilisers in April-November  this fiscal, almost equal to total import of 16.38 million tonnes farm  nutrients in the entire 2009-10, the Economic Survey said.The  import of Di-ammonium phosphate (DAP) in the .....]]></description><pubDate>Feb 26,2011</pubDate></item><item><title><![CDATA[Chemical Imports Should Be Taxed On End Use: Ministry [Feb 26,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/780/Chemical_Imports_Should_Be_Taxed_On_End_Use_Ministry.html]]></guid><description><![CDATA[The ministry of chemicals and fertilisers has forwarded a proposal to  the finance ministry to modify the duty structure for all chemical  imports. "The proposal, which seeks differential taxation of same  chemicals based on their end use, is expecte.....]]></description><pubDate>Feb 26,2011</pubDate></item><item><title><![CDATA[India For More Iron Ore Export Curbs, Duty Rise Seen [Feb 26,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/781/India_For_More_Iron_Ore_Export_Curbs_Duty_Rise_Seen.html]]></guid><description><![CDATA[NEW DELHI/MUMBAI: India's steel minister called for curbs on exports of  iron ore on Friday, as the federal government heads into a budget that  could raise export duty on the steel-making ingredient marginally."Yes,  I am in favour of it. There shou.....]]></description><pubDate>Feb 26,2011</pubDate></item><item><title><![CDATA[Indo-EU FTA To Cut Import Duty, Local Players Disagree [Feb 23,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/772/Indo-EU_FTA_To_Cut_Import_Duty_Local_Players_Disagree.html]]></guid><description><![CDATA[




The domestic auto industry has locked horns with foreign carmakers. And this time, the fight is over the possible reduction in import duty for cars in the upcoming Indo-EU free trade agreement, reports CNBC-TV18&rsquo;s Swati Khandelwal Jai.....]]></description><pubDate>Feb 23,2011</pubDate></item><item><title><![CDATA[India Apparel Exports Volume May Shrink As Prices Soar [Feb 23,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/773/India_Apparel_Exports_Volume_May_Shrink_As_Prices_Soar.html]]></guid><description><![CDATA[MUMBAI, Feb 22 (Reuters) - Soaring cotton prices are likely to crimp India's apparel exports by at least 15 percent in volume terms this year, as they shrivel demand from developed economies that are still limping into recovery, an industry body said.....]]></description><pubDate>Feb 23,2011</pubDate></item><item><title><![CDATA[India�s Coconut Exports Surge On Sri Lanka Ban [Feb 23,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/774/India�s_Coconut_Exports_Surge_On_Sri_Lanka_Ban.html]]></guid><description><![CDATA[India&rsquo;s coconut exports have increased by 30 per cent this year, triggered by the export ban on shipments of the produce by Sri Lanka.The Coconut Development Board (CDB) is expecting an export growth of 30 per cent this year over last year.CDB .....]]></description><pubDate>Feb 23,2011</pubDate></item><item><title><![CDATA[Marine Products Exports Cross Two Billion Mark In 9 Months [Feb 23,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/775/Marine_Products_Exports_Cross_Two_Billion_Mark_In_9_Months.html]]></guid><description><![CDATA[Despite recession, Marine products exports from India crossed the US $ two billion mark in the first nine months from April-December in the 2010-11 fiscal, registering a growth of 6.60 per cent in quantity and 18.92 per cent in rupee value.In dollar .....]]></description><pubDate>Feb 23,2011</pubDate></item><item><title><![CDATA[IT Firms Only Within SEZs To Get Tax Sops [Feb 23,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/776/IT_Firms_Only_Within_SEZs_To_Get_Tax_Sops.html]]></guid><description><![CDATA[In a bid to promote relocation of IT firms to Special Economic Zones (SEZ), the government is planning to provide tax concessions only to companies within the zones.The move, aimed at taking the sector to a higher growth trajectory and enabling it to.....]]></description><pubDate>Feb 23,2011</pubDate></item><item><title><![CDATA[Car Companies Split Over Import Duty [Feb 21,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/761/Car_Companies_Split_Over_Import_Duty.html]]></guid><description><![CDATA[NEW DELHI: The proposed India-EU trade agreement has divided car makers with Pawan Goenka, the president of industry body Society of Indian Automobile Manufacturers (Siam), opposing any move to cut duty on imported cars while several members, includi.....]]></description><pubDate>Feb 21,2011</pubDate></item><item><title><![CDATA[Large Polished Diamond Imports by India in January, Exports $2.1 Billion [Feb 21,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/762/Large_Polished_Diamond_Imports_by_India_in_January_Exports_$21_Billion.html]]></guid><description><![CDATA[India imported in January more polished diamond than it exported, according to the latest provisional figures released by the GJEPC. The manufacturing center imported $166.1 million more than it exported, this while gross polished diamond exports inc.....]]></description><pubDate>Feb 21,2011</pubDate></item><item><title><![CDATA[India 2011 Gold Outlook Bright: WGC [Feb 21,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/763/India_2011_Gold_Outlook_Bright_WGC.html]]></guid><description><![CDATA[MUMBAI: India's gold demand outlook is positive after a near 30 percent jump in imports last quarter, although the government could decide to raise import duty in its February 28 budget, a World Gold Council (WGC) director said."The outlook is positi.....]]></description><pubDate>Feb 21,2011</pubDate></item><item><title><![CDATA[India, US To Discuss Trade Irritants [Feb 21,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/764/India_US_To_Discuss_Trade_Irritants.html]]></guid><description><![CDATA[Ahead of US President George W Bush's visit to India early next month, officials of the two countries will hold talks in Washington to remove some of the hindrances related to bilateral trade, particularly Indian exports. Talks between Commerce Secre.....]]></description><pubDate>Feb 21,2011</pubDate></item><item><title><![CDATA[India�s FDI Drops 22% to $21bn Amid Fragile Global Recovery [Feb 21,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/765/India�s_FDI_Drops_22%_to_$21bn_Amid_Fragile_Global_Recovery.html]]></guid><description><![CDATA[NEW DELHI: India recorded a 22 percent decline in foreign direct investment (FDI) to $21 billion last year as foreign investors remained cautious amid fragile global economic recovery, according to official data.Countries such as Mauritius, Singapore.....]]></description><pubDate>Feb 21,2011</pubDate></item><item><title><![CDATA[Rupee Gains 6 Paise Against Dollar In Early Trade [Feb 21,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/766/Rupee_Gains_6_Paise_Against_Dollar_In_Early_Trade.html]]></guid><description><![CDATA[The Indian rupee appreciated by 6 paise to Rs. 45.14 per dollar at the Interbank Foreign Exchange market on Monday, supported by a higher opening in the stock market and dollar weakness against other currencies.Forex dealers said dollar weakness agai.....]]></description><pubDate>Feb 21,2011</pubDate></item><item><title><![CDATA[Govt Plans New Incentive Package For Electronics [Feb 21,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/767/Govt_Plans_New_Incentive_Package_For_Electronics.html]]></guid><description><![CDATA[BANGALORE: The government is considering a new special incentive package for the electronics industry that it hopes will make India less dependent on imports of electronic components, systems and products.Ajay Kumar, joint secretary in the Union info.....]]></description><pubDate>Feb 21,2011</pubDate></item><item><title><![CDATA[Gold Hits 7-Week High; Demand Recoils [Feb 21,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/768/Gold_Hits_7-Week_High;_Demand_Recoils.html]]></guid><description><![CDATA[MUMBAI: India gold futures extended gains into a seventh session to its highest level in seven weeks on Monday afternoon, prompting traders to move to the sidelines, unwilling to get stuck with high-priced stocks."There are a few deals, but nothing s.....]]></description><pubDate>Feb 21,2011</pubDate></item><item><title><![CDATA[Indian Turmeric Futures Likely To Gain Further On Strong Demand [Feb 21,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/769/Indian_Turmeric_Futures_Likely_To_Gain_Further_On_Strong_Demand.html]]></guid><description><![CDATA[Indian turmeric futures for the April delivery ended the last session higher by 3.30% at Rs 10,054 and the open interest added 0.75% to 6,015 tonnes. Golden spice jumped on strong domestic demand and emerging export orders for Indian turmeric, despit.....]]></description><pubDate>Feb 21,2011</pubDate></item><item><title><![CDATA[India�s Polished Diamond Exports rise 23% [Feb 21,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/770/India�s_Polished_Diamond_Exports_rise_23%.html]]></guid><description><![CDATA[In January 2011, India&rsquo;s diamond trade faced increased prices both of rough diamond imports (average 27 percent increase per carat) and polished diamond exports (average increased by 25 percent per carat).The country exported 4.784 million cara.....]]></description><pubDate>Feb 21,2011</pubDate></item><item><title><![CDATA[Indian Pharma Exports "Set To Rise 20% This Year" [Feb 21,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/771/Indian_Pharma_Exports_"Set_To_Rise_20%_This_Year".html]]></guid><description><![CDATA[Indian pharmaceutical exports in 2010 are expected to rise 20% this year to reach 500 billion rupees ($11.6 billion), according to official forecasts.The increase over last year's total of 420 billion rupees will be due to an increased number of pate.....]]></description><pubDate>Feb 21,2011</pubDate></item><item><title><![CDATA[Gold Imports May Exceed 918 Tonnes Level This Year [Feb 19,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/755/Gold_Imports_May_Exceed_918_Tonnes_Level_This_Year.html]]></guid><description><![CDATA[NEW DELHI: India's gold imports are seen likely to exceed 918 tonnes in the calendar year 2011 on the back of robust demand coupled with high economic growth."Gold imports were 918 tonnes in 2010. It is too early to estimate exact imports. But there .....]]></description><pubDate>Feb 19,2011</pubDate></item><item><title><![CDATA[India May Pay More For Potash Imports On Low Inventories [Feb 19,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/756/India_May_Pay_More_For_Potash_Imports_On_Low_Inventories.html]]></guid><description><![CDATA[With inventories of potash held by North American miners, the world's biggest, standing below average levels, Indian importers may have a tough time negotiating prices.After China, India is the largest importer of the nutrient in the world.India impo.....]]></description><pubDate>Feb 19,2011</pubDate></item><item><title><![CDATA[India Expects To Buy More Palm Oil From Malaysia [Feb 19,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/757/India_Expects_To_Buy_More_Palm_Oil_From_Malaysia.html]]></guid><description><![CDATA[KUALA LUMPUR: India sees continued demand for Malaysian palm oil this year, given the current shortage of edible oils in the country, said India Commerce and Industry Minister Anand Sharma.India, the world's largest importer of vegetable oils, bought.....]]></description><pubDate>Feb 19,2011</pubDate></item><item><title><![CDATA[Abolish 5% Duty On Coal Imports: Shinde [Feb 19,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/758/Abolish_5%_Duty_On_Coal_Imports_Shinde.html]]></guid><description><![CDATA[With acute coal shortage of domestic coal threatening to destabilise its power generation plans, the power ministry has demanded that the government abolish the custom duty of 5 per cent in the coming Budget on imports of the mineral.In a note to the.....]]></description><pubDate>Feb 19,2011</pubDate></item><item><title><![CDATA[Indian Iron Ore Industry Output, Exports [Feb 19,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/759/Indian_Iron_Ore_Industry_Output_Exports.html]]></guid><description><![CDATA[&nbsp;Chhattisgarh joined ranks with Orissa to seek a ban on iron ore exports, a move that could further tighten supply of the steelmaking raw material and push prices, already at record peaks, even higher.Shipments out of India, the world's No. 3 ir.....]]></description><pubDate>Feb 19,2011</pubDate></item><item><title><![CDATA[Indian Pharma Exports To Grow By 20% to Rs 50,000 crore [Feb 19,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/760/Indian_Pharma_Exports_To_Grow_By_20%_to_Rs_50000_crore.html]]></guid><description><![CDATA[Increasing number of drugs turning off-patent and greater acceptance of generic drugs in regulated markets will help the pharmaceutical exports from India touch Rs 50,000 crore current fiscal, said Pharmaceutical Exports Promotion Council (Pharmexcil.....]]></description><pubDate>Feb 19,2011</pubDate></item><item><title><![CDATA[Cotton To Rally On Indian Export Ban, Chinese Demand [Feb 14,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/749/Cotton_To_Rally_On_Indian_Export_Ban_Chinese_Demand.html]]></guid><description><![CDATA[Suppy scenario in India, world's second largest producer as well as consumer of cotton after China and world's second largest exporter after US, seems to be a little tight due to firm overseas fundamentals and lower than expected arrivals in the dome.....]]></description><pubDate>Feb 14,2011</pubDate></item><item><title><![CDATA[FM Sizes Up Balancing Act On Oil [Feb 14,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/750/FM_Sizes_Up_Balancing_Act_On_Oil.html]]></guid><description><![CDATA[New Delhi, Feb. 13: Finance minister Pranab Mukherjee has a range of options on inflation at a time global crude prices are on the boil.Analysts said Mukherjee could tweak duties and partially hike government subsidy to keep prices under check and he.....]]></description><pubDate>Feb 14,2011</pubDate></item><item><title><![CDATA[Exports Growth To Ride On High Value Products [Feb 14,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/751/Exports_Growth_To_Ride_On_High_Value_Products.html]]></guid><description><![CDATA[As India gears up to surpass $500 billion exports by 2013-14, high-value products like engineering goods, chemicals and pharmaceuticals, petroleum products and basic chemicals will figure prominently in India&rsquo;s export growth strategy.Commerce s.....]]></description><pubDate>Feb 14,2011</pubDate></item><item><title><![CDATA[FDI In Dec Up 30.6 Pc to $2bn; Apr-Dec Dips By 23 Pc [Feb 14,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/752/FDI_In_Dec_Up_306_Pc_to_$2bn;_Apr-Dec_Dips_By_23_Pc.html]]></guid><description><![CDATA[NEW DELHI: Snapping two months of declining trend, foreign direct investment (FDI) in India increased 30.69 per cent to USD 2 billion (about Rs 9,000 crore) in December 2010.In December 2009, India had attracted FDI worth USD 1.54 billion (Rs 7,185 c.....]]></description><pubDate>Feb 14,2011</pubDate></item><item><title><![CDATA[Scrap POY Anti-Dumping Duty - Demand Texturisers [Feb 14,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/753/Scrap_POY_Anti-Dumping_Duty_-_Demand_Texturisers.html]]></guid><description><![CDATA[The texturising sector in India is a hassled lot. These texturising units which are mainly concentrated in the western regions of India in Silvassa and Surat, allege that the domestic manufacturers of Partially Oriented Yarn (POY) are increasing thei.....]]></description><pubDate>Feb 14,2011</pubDate></item><item><title><![CDATA[Rupee Up 13 Paise Against U.S. Dollar [Feb 14,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/754/Rupee_Up_13_Paise_Against_US_Dollar.html]]></guid><description><![CDATA[The Indian rupee gained 13 paise to Rs 45.55 against the U.S. dollar in early trade on the Interbank Foreign Exchange on Monday, supported by a higher opening in the stock market and weakness of the greenback against other Asian currencies.The rupee .....]]></description><pubDate>Feb 14,2011</pubDate></item><item><title><![CDATA[India To Cut Export Transaction Costs By Rs. 2100 Crore [Feb 10,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/739/India_To_Cut_Export_Transaction_Costs_By_Rs_2100_Crore.html]]></guid><description><![CDATA[Government unveiled measures to reduce the transaction cost for exporters by Rs. 2100 crore. Measures include reduction in bank charges on foreign currency and concessional loans for reducing transaction cost.Minister of state for commerce and indust.....]]></description><pubDate>Feb 10,2011</pubDate></item><item><title><![CDATA[India Lifts Rice Export Ban [Feb 10,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/740/India_Lifts_Rice_Export_Ban.html]]></guid><description><![CDATA[India has eased a three-year ban on overseas shipments of rice allowing export of three varieties of non-basmati rice.But the exemptions would be given only if it fetches $850 a tonne.A high-level ministerial panel headed by Finance Minister Pranab M.....]]></description><pubDate>Feb 10,2011</pubDate></item><item><title><![CDATA[Gems, Jewellery Exports Likely To Cross USD 30 Bn This Fiscal [Feb 10,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/741/Gems_Jewellery_Exports_Likely_To_Cross_USD_30_Bn_This_Fiscal.html]]></guid><description><![CDATA[NEW DELHI: India's gems and jewellery exports are likely to cross the targeted USD 30 billion for the current fiscal due to a healthy demand from the western markets like the US and Europe.The country's gems and jewellery exports are expected to rise.....]]></description><pubDate>Feb 10,2011</pubDate></item><item><title><![CDATA[DLF To Approach Apex Court Against Order To Demolish Gurgaon SEZ [Feb 10,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/742/DLF_To_Approach_Apex_Court_Against_Order_To_Demolish_Gurgaon_SEZ.html]]></guid><description><![CDATA[Realty major DLF has decided to approach the Supreme Court against a Punjab and Haryana High Court verdict ordering demolition of the special economic zone (SEZ) in Gurgaon that houses several large information technology firms.Last week the high cou.....]]></description><pubDate>Feb 10,2011</pubDate></item><item><title><![CDATA[Budget 2011: FIEO Proposes For Inverted Duty Structure On Import Of Raw Silk And Silk Fabric [Feb 10,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/743/Budget_2011_FIEO_Proposes_For_Inverted_Duty_Structure_On_Import_Of_Raw_Silk_And_Silk_Fabric.html]]></guid><description><![CDATA[NEW DELHI: Federation of Indian Export Organizations has recommended for Inverted Duty Structure on import of Raw Silk and Silk Fabric.FIEO said that import duty structure on raw silk and duty structure should be such that the weaving community gets .....]]></description><pubDate>Feb 10,2011</pubDate></item><item><title><![CDATA[India Finally Dashes Hopes For Cotton Import [Feb 10,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/744/India_Finally_Dashes_Hopes_For_Cotton_Import.html]]></guid><description><![CDATA[KARACHI: The textile sector of the country will bear an additional burden of more than $320 million on cotton import after Indian Ministry of Commerce refused to allow lint export Thursday.The Indian government has finally decided not to allow cotton.....]]></description><pubDate>Feb 10,2011</pubDate></item><item><title><![CDATA[Engineering Exports To Touch USD 120 Bn By 2015 [Feb 10,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/745/Engineering_Exports_To_Touch_USD_120_Bn_By_2015.html]]></guid><description><![CDATA[&ldquo;The engineering exports are already touching USD 40 billion and I expect that it should be nearly USD 50 billion this year. We have remained mindful of the fact that we need to align government policies with the ambitious target of tripling In.....]]></description><pubDate>Feb 10,2011</pubDate></item><item><title><![CDATA[Rice Exporters Demand Export Lift From North Varieties Of Rice [Feb 10,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/746/Rice_Exporters_Demand_Export_Lift_From_North_Varieties_Of_Rice.html]]></guid><description><![CDATA[New Delhi,&nbsp; (PTI) Rice exporters today demanded that the government allow exports of premium varieties of non-basmati rice grown in north such as ''Sugandha'' and ''Sharbati'' on the lines of the decision taken with regard to South Indian variet.....]]></description><pubDate>Feb 10,2011</pubDate></item><item><title><![CDATA[Soaring Chilli Prices In Indonesia Present Export Opportunity For India [Feb 10,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/747/Soaring_Chilli_Prices_In_Indonesia_Present_Export_Opportunity_For_India.html]]></guid><description><![CDATA[KOCHI&nbsp; : Soaring chilli prices in Indonesia is presenting a hot opportunity for Indian exporters as the current figures there are between $10-11 a kilogram, according to Washington Post.Jakarta post has reported adolescents getting nabbed for st.....]]></description><pubDate>Feb 10,2011</pubDate></item><item><title><![CDATA[Financing Jitters As Govt Talks Of More Curbs On Realty FDI [Feb 10,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/748/Financing_Jitters_As_Govt_Talks_Of_More_Curbs_On_Realty_FDI.html]]></guid><description><![CDATA[NEW DELHI: The struggling construction and housing sector will soon find it tougher to raise funds overseas as the government plans to tighten foreign direct investment rules to discourage short-term profiteering.The finance ministry and the Departme.....]]></description><pubDate>Feb 10,2011</pubDate></item><item><title><![CDATA[India Solar Rules Burn U.S. [Feb 08,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/733/India_Solar_Rules_Burn_US.html]]></guid><description><![CDATA[NEW DELHI&mdash;U.S. Commerce Secretary Gary Locke said he conveyed a "message of great concern" to Indian officials Monday about the country's restrictions on imports of solar-power technology, rules that are making it difficult for U.S. firms to en.....]]></description><pubDate>Feb 08,2011</pubDate></item><item><title><![CDATA[Egypt Unrest To Affect India''s Current Account Deficit: Citi [Feb 08,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/734/Egypt_Unrest_To_Affect_India''s_Current_Account_Deficit_Citi.html]]></guid><description><![CDATA[New Delhi, Feb 7 (PTI) The unrest in Egypt will adversely impact India''s current account deficit as crude prices would rise and remittance from expatriates would be under strain, global banking giant Citi said today.India''s oil imports could come u.....]]></description><pubDate>Feb 08,2011</pubDate></item><item><title><![CDATA[Pepper Futures Likely To Top Rs. 23,700 [Feb 08,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/735/Pepper_Futures_Likely_To_Top_Rs_23700.html]]></guid><description><![CDATA[Indian pepper futures extended the gains on strong demand against the shortage of the commodity. Pepper arrivals in India started but arrivals are in smaller quantities. The pepper arrivals from Vietnam will begin in next weeks and stocks with other .....]]></description><pubDate>Feb 08,2011</pubDate></item><item><title><![CDATA[India�s Basmati Export Seen Losing Flavour [Feb 08,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/736/India�s_Basmati_Export_Seen_Losing_Flavour.html]]></guid><description><![CDATA[With stiff competition from Pakistan, payment crisis from Iran and European countries imposing &lsquo;unreasonable&rsquo; pesticides standards, India&rsquo;s basmati rice exports are expected to decline sharply during the current fiscal, a export pro.....]]></description><pubDate>Feb 08,2011</pubDate></item><item><title><![CDATA[India Oilmeals Export Jumps 42% During April - January 2010-11 [Feb 08,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/737/India_Oilmeals_Export_Jumps_42%_During_April_-_January_2010-11.html]]></guid><description><![CDATA[As per latest release from Solvent Extractors' Association (SEA )of India, the export of oilmeals during January 2011 is reported at 6.40 lakh tonnes compared to 7.56 lakh tonnes in previous month (Dec., 2010), down by 15%. The overall export of oilm.....]]></description><pubDate>Feb 08,2011</pubDate></item><item><title><![CDATA[Govt To Wait For RBI Stand Before Deciding On FDI Cap [Feb 08,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/738/Govt_To_Wait_For_RBI_Stand_Before_Deciding_On_FDI_Cap.html]]></guid><description><![CDATA[The government will wait for the Reserve Bank of India (RBI) to take the first step before deciding on whether to reduce the foreign investment cap on private sector banks to below 50 per cent from the current 74 per cent.Currently, the government is.....]]></description><pubDate>Feb 08,2011</pubDate></item><item><title><![CDATA[Govt Eases Gold Import Norms For Select Agencies [Feb 07,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/727/Govt_Eases_Gold_Import_Norms_For_Select_Agencies.html]]></guid><description><![CDATA[The government has liberalised norms for import of precious metals &ndash; gold, silver, platinum and palladium &ndash; by select nominated agencies.In a notification issued this week and taking effect right away, the Director General of Foreign Trad.....]]></description><pubDate>Feb 07,2011</pubDate></item><item><title><![CDATA[Africa Exports Cap Makes India Look For Non-African Gemstones [Feb 07,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/728/Africa_Exports_Cap_Makes_India_Look_For_Non-African_Gemstones.html]]></guid><description><![CDATA[




A shortage of coloured gemstones, due to a cap on exports or civil strife in African nations has prompted Indian gems and jewellery exporters and importers to set up a firm to engage in sourcing gem stones from across the world and distribu.....]]></description><pubDate>Feb 07,2011</pubDate></item><item><title><![CDATA[Exports of Premium Food Items Fall On Rising Demand In Domestic Market [Feb 07,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/729/Exports_of_Premium_Food_Items_Fall_On_Rising_Demand_In_Domestic_Market.html]]></guid><description><![CDATA[Exporters of premium and quality foods find it more profitable to sell them in the home market than exporting them. The new found Indian craze for export quality speciality teas and coffee, seafood, dry fruits, spices and the famed long-grained Basma.....]]></description><pubDate>Feb 07,2011</pubDate></item><item><title><![CDATA[Tea Export On Decline, Says a Tea Board Task-Force Member [Feb 07,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/730/Tea_Export_On_Decline_Says_a_Tea_Board_Task-Force_Member.html]]></guid><description><![CDATA[Ahmedabad, (PTI) Tea export from India is decreasing and is likely to be around 170 million kg this fiscal against the backdrop of growing domestic consumption, a member of the task force set up by the Tea Board of India said today."Indian tea export.....]]></description><pubDate>Feb 07,2011</pubDate></item><item><title><![CDATA[Software, IT Indus Seeks Extension of Tax Exemption Under STPI [Feb 07,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/731/Software_IT_Indus_Seeks_Extension_of_Tax_Exemption_Under_STPI.html]]></guid><description><![CDATA[New Delhi,&nbsp; (PTI) The Indian IT industry has sought extension of tax benefits under STPI and simplification of the tax structure to encourage investments in the sector, among others as part of its budget wish-list.The USD 76 billion software ind.....]]></description><pubDate>Feb 07,2011</pubDate></item><item><title><![CDATA[Rupee Gains 4 Paise Against U.S. Dollar [Feb 07,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/732/Rupee_Gains_4_Paise_Against_US_Dollar.html]]></guid><description><![CDATA[The Indian rupee rose by 4 paise to Rs 45.55 against the U.S. dollar in early trade at the Interbank Foreign Exchange on Monday.The rupee had closed marginally higher by 2 paise at Rs 45.59/60 per dollar in the previous session.Dealers said a firm op.....]]></description><pubDate>Feb 07,2011</pubDate></item><item><title><![CDATA[Handicrafts Exports Up 18% to $1.8 bn During Apr-Jan [Feb 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/721/Handicrafts_Exports_Up_18%_to_$18_bn_During_Apr-Jan.html]]></guid><description><![CDATA[India's handicrafts exports increased by 18% to $1.8 billion in the first 10 months (April-January) of the current fiscal over a year-ago period, Textiles Minister Dayanidhi Maran today said."The export of Indian handicrafts stood at $2.5 billion in .....]]></description><pubDate>Feb 04,2011</pubDate></item><item><title><![CDATA[India Iron Ore Futures Rise A Tad But Volumes Thin [Feb 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/722/India_Iron_Ore_Futures_Rise_A_Tad_But_Volumes_Thin.html]]></guid><description><![CDATA[India's iron ore futures rose a tad on Friday evening in anticipation of price gains after the Chinese market opens, analysts and traders said.Volumes remained thin on the sixth day of the world's first futures trade of the steel-making ingredient, t.....]]></description><pubDate>Feb 04,2011</pubDate></item><item><title><![CDATA[India Coffee Prices Rise On Export, Local Demand [Feb 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/723/India_Coffee_Prices_Rise_On_Export_Local_Demand.html]]></guid><description><![CDATA[India coffee prices rose slightly at this week's Thursday auction supported by export and local demand, auctioneers said on Friday.Arabica Plantation grades were higher by 400-600 rupees per 50 kgs on week."Arabica Plantation coffees continued to rec.....]]></description><pubDate>Feb 04,2011</pubDate></item><item><title><![CDATA[Basmati Rice Export Orders Dip by 10% During Apr-Jan [Feb 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/724/Basmati_Rice_Export_Orders_Dip_by_10%_During_Apr-Jan.html]]></guid><description><![CDATA[Basmati rice export contracts have dipped by 10 per cent to 24.41 lakh tonne in the first ten months of the current fiscal from a year-ago, on account of sluggish demand especially during April-July of 2010. According to the government's agri-trade p.....]]></description><pubDate>Feb 04,2011</pubDate></item><item><title><![CDATA[Governance, Inflation Hit FDI Flow [Feb 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/725/Governance_Inflation_Hit_FDI_Flow.html]]></guid><description><![CDATA[NEW DELHI: Governance and inflation have emerged as key risks for India. These factors are denting investor confidence and foreign direct investment flows which have slowed in recent months and are unlikely to bounce back unless more sectors are open.....]]></description><pubDate>Feb 04,2011</pubDate></item><item><title><![CDATA[Bidders Pull Out Of SEZ Project [Feb 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/726/Bidders_Pull_Out_Of_SEZ_Project.html]]></guid><description><![CDATA[The &lsquo;quiet' withdrawal of bidders for global tenders and the last-minute pulling out of the Infrastructure Leasing and Financial Services (ILFS) Limited, a Mumbai-based government undertaking, from the project of promoting the Special Economic .....]]></description><pubDate>Feb 04,2011</pubDate></item><item><title><![CDATA[India�s December Crude Oil Imports Increase 17% From November [Feb 03,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/716/India�s_December_Crude_Oil_Imports_Increase_17%_From_November.html]]></guid><description><![CDATA[Indian refineries including state- owned Indian Oil Corp., the nation&rsquo;s biggest, increased crude oil imports by 17 percent in December from a month earlier, spending $7.15 billion, according to government data.Refiners bought 11 million metric .....]]></description><pubDate>Feb 03,2011</pubDate></item><item><title><![CDATA[India Invites Applications For Cotton Yarn Exports [Feb 03,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/717/India_Invites_Applications_For_Cotton_Yarn_Exports.html]]></guid><description><![CDATA[India has asked traders to apply for cotton yarn exports for unshipped quantities out of the 720 million kg allowed in the 2010/11 season, a government circular said late on Tuesday.Exporters must apply between Feb. 2 and Feb. 7, the circular said, a.....]]></description><pubDate>Feb 03,2011</pubDate></item><item><title><![CDATA[Sharma Finds No Reason To Snap Iron Ore Export Ties With Japan [Feb 03,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/718/Sharma_Finds_No_Reason_To_Snap_Iron_Ore_Export_Ties_With_Japan.html]]></guid><description><![CDATA[




Arguing that India has adequate iron ore amounting to exportable surplus, commerce minister Anand Sharma shot down steel ministry&rsquo;s opposition to renew NMDC&rsquo;s long-term agreement (LTA) with Japanese steel mills for exporting iro.....]]></description><pubDate>Feb 03,2011</pubDate></item><item><title><![CDATA[FDI in India Sees First Slump Since March '03 Sees  [Feb 03,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/719/FDI_in_India_Sees_First_Slump_Since_March_'03_Sees_.html]]></guid><description><![CDATA[NEW DELHI: India's foreign direct investment is headed for the first drop since the year ending March 2003, hindering a bid to match China&rsquo;s surging economy, even as overseas money poured into Indian stock and bonds at a record pace.Data show F.....]]></description><pubDate>Feb 03,2011</pubDate></item><item><title><![CDATA[Govt To Announce Sops For Exports Soon: Sharma [Feb 03,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/720/Govt_To_Announce_Sops_For_Exports_Soon_Sharma.html]]></guid><description><![CDATA[Milan, Feb 2 (PTI) Commerce and Industry Minister Anand Sharma today said the Government will soon announce incentives for labour intensive export sectors, notwithstanding high growth in the shipments during December."I do plan to announce export sop.....]]></description><pubDate>Feb 03,2011</pubDate></item><item><title><![CDATA[India Waives Duty Imposition On Jute Imports [Feb 01,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/711/India_Waives_Duty_Imposition_On_Jute_Imports.html]]></guid><description><![CDATA[Bangladesh&rsquo;s Commerce Ministry recently revealed that, the Indian government has waived its decision of subjecting jute and jute product imports from Bangladesh to a duty of 14 percent.The Indian government on January 18 this year through an of.....]]></description><pubDate>Feb 01,2011</pubDate></item><item><title><![CDATA[India Gold Seen Extending Losses This Week [Feb 01,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/712/India_Gold_Seen_Extending_Losses_This_Week.html]]></guid><description><![CDATA[India gold futures are likely to extend losses for another week, falling further from the lowest level in 13 weeks, on waning safe-haven appeal, though rising physical demand ahead of the wedding season could limit the downside, analysts said.The mos.....]]></description><pubDate>Feb 01,2011</pubDate></item><item><title><![CDATA[Dec Exports Up 36.4% y/y at $22.5 Bn [Feb 01,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/713/Dec_Exports_Up_364%_y/y_at_$225_Bn.html]]></guid><description><![CDATA[India's exports in December rose an annual 36.4% to $22.5 billion, while imports for the month fell 11.1% on the year to $25.1 billion, government data released on Tuesday showed. India's trade deficit in December narrowed to $2.6 billion compared wi.....]]></description><pubDate>Feb 01,2011</pubDate></item><item><title><![CDATA[India's FDI During Jan-Nov 2010 Dips by 26% to $19 bn [Feb 01,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/714/India's_FDI_During_Jan-Nov_2010_Dips_by_26%_to_$19_bn.html]]></guid><description><![CDATA[India's foreign direct investment (FDI) during January-November 2010 declined by 26 per cent to $18.99 billion (Rs 86,921 crore) on account of fragile global economic recovery.During the first 11 months of 2010, the country received FDI worth $25.5 b.....]]></description><pubDate>Feb 01,2011</pubDate></item><item><title><![CDATA[India Jeera Declines On Sluggish Exports; Seen Flat [Feb 01,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/715/India_Jeera_Declines_On_Sluggish_Exports;_Seen_Flat.html]]></guid><description><![CDATA[India's jeera futures closed lower on Monday as hopes of fresh arrivals hitting the market by mid-February weighed on sentiment while poor export demand also added to the fall, analysts said.Analysts expect jeera futures to trade flat on Tuesday."Sen.....]]></description><pubDate>Feb 01,2011</pubDate></item><item><title><![CDATA[Auto Cos May Import Tyres to Meet Shortfall [January 27,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/701/Auto_Cos_May_Import_Tyres_to_Meet_Shortfall.html]]></guid><description><![CDATA[NEW DELHI: For customers looking at early car deliveries in 2011 may  have to wait a little longer, as manufacturers facing severe tyre  shortages in local market are now hunting in China, Thailand, Korea and  Malaysia to meet their new production ta.....]]></description><pubDate>January 27,2011</pubDate></item><item><title><![CDATA[US Limits Indian Export Restrictions [January 27,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/702/US_Limits_Indian_Export_Restrictions.html]]></guid><description><![CDATA[The US Commerce Department said Monday that it had ended restrictions of  exports for India's defense and space industries, aiming to promote  cooperative ties between the two nations, but one Chinese analyst said  the US' actions are aimed at mainta.....]]></description><pubDate>January 27,2011</pubDate></item><item><title><![CDATA[Trust-Based System for Exporters to Come Soon: DGFT [January 27,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/703/Trust-Based_System_for_Exporters_to_Come_Soon_DGFT.html]]></guid><description><![CDATA[CHENNAI: India will move to a 'trust-based system' to reduce the paperwork and transaction costs, a foreign trade official said.At  present, exporters are loaded with documentation and verification  procedures which add up to cost of exports, while a.....]]></description><pubDate>January 27,2011</pubDate></item><item><title><![CDATA[JB SEZ Signs MoU With Gujarat Govt During Vibrant Gujarat 2011 [January 27,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/704/JB_SEZ_Signs_MoU_With_Gujarat_Govt_During_Vibrant_Gujarat_2011.html]]></guid><description><![CDATA[JB SEZ, the upcoming pharma SEZ at Panoli in Gujarat recently signed an Memorandum of Understanding  (MoU) with the Gujarat government worth Rs.1160 crore. The memorandum  was signed at the recently held Vibrant Gujarat 2011. According to the  agreem.....]]></description><pubDate>January 27,2011</pubDate></item><item><title><![CDATA[RBI Blames Jairam�s Policies for FDI Dip [January 27,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/705/RBI_Blames_Jairam�s_Policies_for_FDI_Dip.html]]></guid><description><![CDATA[While India hardsells itself at Davos as a favoured destination among  emerging economies like China, Brazil, Mexico and Indonesia among  others, Environment Minister Jairam Ramesh&rsquo;s &ldquo;environment sensitive  policies&rdquo; seem to be driv.....]]></description><pubDate>January 27,2011</pubDate></item><item><title><![CDATA[India, China Did $60-bn Trade in 2010 [January 27,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/706/India_China_Did_$60-bn_Trade_in_2010.html]]></guid><description><![CDATA[India and China surpassed the 60-billion dollar target for bilateral  trade for 2010, ending a tense year in ties with a symbolic milestone.  Bilateral trade hit 61.7 billion dollars last year with Chinese exports  double the size of India's exports .....]]></description><pubDate>January 27,2011</pubDate></item><item><title><![CDATA[Garments Exports Drop By About 3 Per Cent in November [January 27,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/707/Garments_Exports_Drop_By_About_3_Per_Cent_in_November.html]]></guid><description><![CDATA[New Delhi, (PTI) After registering positive growth for three months in a  row, India''s apparel exports again slipped about three per cent to USD  716 million in November year-on-year, due to less demand from the West  and rising input cost.In Novemb.....]]></description><pubDate>January 27,2011</pubDate></item><item><title><![CDATA[Pakistani Cement Export to Afghanistan, India Declines by $20m [January 27,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/708/Pakistani_Cement_Export_to_Afghanistan_India_Declines_by_$20m.html]]></guid><description><![CDATA[ISLAMABAD: Pakistani cement exports to Afghanistan and India declined by  $20 million in the first-half of the current fiscal after the Afghan  government increased the transit fee and Indian authorities refused to  renew export licences of some Paki.....]]></description><pubDate>January 27,2011</pubDate></item><item><title><![CDATA[Apr-Dec Total Spices Export Up 3 Pc: Board [January 27,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/709/Apr-Dec_Total_Spices_Export_Up_3_Pc_Board.html]]></guid><description><![CDATA[MUMBAI: India's total spice exports rose 3 percent on year during  April-December led by a rise in exports of chilli, ginger and garlic ,  data from the Spices Board of India showed.Total spices exports  in April-December stood at 391,560 tonnes, com.....]]></description><pubDate>January 27,2011</pubDate></item><item><title><![CDATA[Rupee Drops 14 Paise Against US Dollar in Early Trade [January 27,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/710/Rupee_Drops_14_Paise_Against_US_Dollar_in_Early_Trade.html]]></guid><description><![CDATA[Indian rupee edged lower against the greenback in morning trade. Rupee  was down by 14 paise or 0.14% against USD to Rs 45.70 compared to  previous close of 45.56. (09.44 a.m.)At 9.44., the Sensex was  trading down 122.32 points or 0.65% at 18,562.11.....]]></description><pubDate>January 27,2011</pubDate></item><item><title><![CDATA[Trade Deficit May Widen to $125 bn By March [January 24,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/691/Trade_Deficit_May_Widen_to_$125_bn_By_March.html]]></guid><description><![CDATA[The country's trade deficit was expected to widen to $125 billion during this financial year though the export figures are bound to cross the target mark, said a top official from the Directorate General of Foreign Trade in Kolkata."The country is ex.....]]></description><pubDate>January 24,2011</pubDate></item><item><title><![CDATA[Apparel Exports Likely to Decline by Over Three p.c. in 2010-11 [January 24,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/692/Apparel_Exports_Likely_to_Decline_by_Over_Three_pc_in_2010-11.html]]></guid><description><![CDATA[Apparel exports are expected to decline by over three per cent to USD 10.2 billion in 2010-11 year-on-year, due to the higher cost of fabrics in the local market.&ldquo;The rising prices of cotton yarn have impacted garment exports. The increase in c.....]]></description><pubDate>January 24,2011</pubDate></item><item><title><![CDATA[India's Forex Reserves Rise $3.4 billion [January 24,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/693/India's_Forex_Reserves_Rise_$34_billion.html]]></guid><description><![CDATA[MUMBAI: India's foreign exchange (forex) reserves increased by $3.4 billion to $297.41 billion for the week ended Jan 14 on the back of rise in the value of foreign currency assets.The foreign currency assets, the biggest component of the forex reser.....]]></description><pubDate>January 24,2011</pubDate></item><item><title><![CDATA[Goa to Promote Its Craft Items in India and Abroad [January 24,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/694/Goa_to_Promote_Its_Craft_Items_in_India_and_Abroad.html]]></guid><description><![CDATA[PANAJI: The Goa Handicrafts, Rural and Small Scale Industries Development Corporation Ltd (GHRSSIDC) is set to promote Goan handicrafts by participating in national and international road shows, exhibitions, events, fashion shows, and other promotion.....]]></description><pubDate>January 24,2011</pubDate></item><item><title><![CDATA[Seafood Produce Lags Export Demand [January 24,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/695/Seafood_Produce_Lags_Export_Demand.html]]></guid><description><![CDATA[India needs to rapidly increase the supply of fish and fisheries product to keep pace with the demand for these products, Seafood Exporters Association of India (SEAI) has said.While the global and domestic demand for fish is increasing rapidly, Indi.....]]></description><pubDate>January 24,2011</pubDate></item><item><title><![CDATA[With Prices on the Rise, India Imports of Palm and Soy Bean Oil Set to Slump [January 24,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/696/With_Prices_on_the_Rise_India_Imports_of_Palm_and_Soy_Bean_Oil_Set_to_Slump.html]]></guid><description><![CDATA[Cooking oil imports by India, the biggest user after China, may drop this month and in February after a jump in futures to a more than two-year peak made overseas supplies more expensive.Purchases may decline 16 percent to 1.25 million metric tons in.....]]></description><pubDate>January 24,2011</pubDate></item><item><title><![CDATA[Govt Mulls Anti-Dumping Duty on Japan, Thailand Acetone Imports [January 24,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/697/Govt_Mulls_Anti-Dumping_Duty_on_Japan_Thailand_Acetone_Imports.html]]></guid><description><![CDATA[NEW DELHI: India is likely to impose anti- dumping duty of up to $ 94.96 per tonne on acetone imports from Japan and Thailand to protect domestic industry.The Directorate General of Anti-Dumping and Allied Duties (DGAD), a nodal investigation agency .....]]></description><pubDate>January 24,2011</pubDate></item><item><title><![CDATA[Exporters Ask RBI to Keep Existing Rates [January 24,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/698/Exporters_Ask_RBI_to_Keep_Existing_Rates.html]]></guid><description><![CDATA[A day before the monetary policy review, FIEO asked the Reserve Bank of India [ Get Quote ] on Monday to ensure banks extend enough credit to exporters at 7 per cent so that India's outward shipments could cross the $200 billion target for 2010-11.Th.....]]></description><pubDate>January 24,2011</pubDate></item><item><title><![CDATA[Iron Ore Exports Down 24.64 pc in Dec at 9.69 Million Tonnes [January 24,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/699/Iron_Ore_Exports_Down_2464_pc_in_Dec_at_969_Million_Tonnes.html]]></guid><description><![CDATA[New Delhi, (PTI) Iron ore exports in December have gone down by 24.64 per cent to 9.69 million tonnes, continuing its declining trend for the sixth consecutive month.According to the data compiled by industry body FIMI, the country had shipped 12.86 .....]]></description><pubDate>January 24,2011</pubDate></item><item><title><![CDATA[Imposition of 14% Duty Impedes Jute Exports to India [January 24,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/700/Imposition_of_14%_Duty_Impedes_Jute_Exports_to_India.html]]></guid><description><![CDATA[India has recently ended the duty free access that it had granted to the Bangladeshi jute products as back as in 2004.Pursuant to this move of the Indian government, the customs authorities have unexpectedly imposed a 14 percent duty on imports of ju.....]]></description><pubDate>January 24,2011</pubDate></item><item><title><![CDATA[Rapeseed Output Rise Seen Cutting Vegoil Imports [January 22,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/686/Rapeseed_Output_Rise_Seen_Cutting_Vegoil_Imports.html]]></guid><description><![CDATA[Rapeseed output in India's top producing state may jump 10 percent this year, cutting cooking oil imports of the world's top buyer by 500,000 tonnes in 2010/11, farm and trade officials said on Friday.Planting in a larger area in Rajasthan has raised.....]]></description><pubDate>January 22,2011</pubDate></item><item><title><![CDATA[China Ore Imports From Brazil, India Fall Sharply in 2010 [January 22,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/687/China_Ore_Imports_From_Brazil_India_Fall_Sharply_in_2010.html]]></guid><description><![CDATA[BEIJING&nbsp; - Chinese imports of iron ore from Brazil and India fell sharply during 2010, while Australian shipments inched up slightly over the year, according to data issued by customs on Friday.Shipments from India fell 9.98 percent to 96.59 mil.....]]></description><pubDate>January 22,2011</pubDate></item><item><title><![CDATA[Trade Deficit to Widen This Fiscal: DGFT [January 22,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/688/Trade_Deficit_to_Widen_This_Fiscal_DGFT.html]]></guid><description><![CDATA[KOLKATA: Country's trade deficit is going to widen in the current fiscal (2010-11) and is likely to be around $115-125 billion, director general foreign trade (DGFT) Anup Pujari said on Friday. He, however, said it would surpass $200 billion of expor.....]]></description><pubDate>January 22,2011</pubDate></item><item><title><![CDATA[Cotton Export Ceiling of 55 L Bales Retained by CoS [January 22,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/689/Cotton_Export_Ceiling_of_55_L_Bales_Retained_by_CoS.html]]></guid><description><![CDATA[The Committee of Secretaries (CoS) today met to review the cotton exports trends and retained the ceiling of 55 lakh bales of natural fibre shipments for the current cotton season as of now.CoS, including commerce and textiles met here."The cap of 55.....]]></description><pubDate>January 22,2011</pubDate></item><item><title><![CDATA[India Eyes $250bn FDI in Five Years [January 22,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/690/India_Eyes_$250bn_FDI_in_Five_Years.html]]></guid><description><![CDATA[Jan. 22--NEW DELHI -- India is considering allowing foreign direct investment (FDI) in the retail and defense sectors as part of its efforts to increase FDI inflow up to $250 billion in the next five years, according to the country's top officials."T.....]]></description><pubDate>January 22,2011</pubDate></item><item><title><![CDATA[India Rubber Prices May Climb On Auto Sector Demand [January 21,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/681/India_Rubber_Prices_May_Climb_On_Auto_Sector_Demand.html]]></guid><description><![CDATA[CHENNAI : With just three months left in the current fiscal, tyre  companies in India can import only a maximum of 40,000 tons of rubber  while the deficit is estimated at 1,00,000 tons. Needless to say, prices  of natural rubber are northbound.The p.....]]></description><pubDate>January 21,2011</pubDate></item><item><title><![CDATA[Fertiliser Prices in The Global Market Set to Rise, Could Impact India Negatively Says .... [January 21,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/682/Fertiliser_Prices_in_The_Global_Market_Set_to_Rise_Could_Impact_India_Negatively_Says_.html]]></guid><description><![CDATA[NEW DELHI: Indias hard battle to clinch competitive import prices for  much needed fertilisers at home is set to become tougher still in  2011-12, with a crucial global fertiliser outlook released recently  spelling negative news on the price front. .....]]></description><pubDate>January 21,2011</pubDate></item><item><title><![CDATA[India Set to Resume Diamond Imports from Zimbabwe [January 21,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/683/India_Set_to_Resume_Diamond_Imports_from_Zimbabwe.html]]></guid><description><![CDATA[India's diamond industry is preparing to resume imports of rough  diamonds from Zimbabwe now that the Kimberley Process has ratified a  modified version of the Jerusalem Agreement, clearing the way for that  country to begin selling its stones, the B.....]]></description><pubDate>January 21,2011</pubDate></item><item><title><![CDATA[Jute Goods Exports to India Come to a Halt [January 21,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/684/Jute_Goods_Exports_to_India_Come_to_a_Halt.html]]></guid><description><![CDATA[Nearly 300 trucks carrying Bangladeshi jute goods to India had to come  back from Benapole after the Indian customs authorities abruptly imposed  14 percent duties on products from natural fibre, officials and traders  said.Consignments of jute goods.....]]></description><pubDate>January 21,2011</pubDate></item><item><title><![CDATA[India Likely to Attract $250 bn FDI in Next Five Years: Sharma [January 21,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/685/India_Likely_to_Attract_$250_bn_FDI_in_Next_Five_Years_Sharma.html]]></guid><description><![CDATA[NEW DELHI: The government on Thursday said it aims to attract, in the  next five years, a whopping $250 billion foreign direct investment into  India, which has become an investor-friendly destination for global  investors."In the next five years, we.....]]></description><pubDate>January 21,2011</pubDate></item><item><title><![CDATA[India a Dark Spot in Asian FDI [January 20,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/679/India_a_Dark_Spot_in_Asian_FDI.html]]></guid><description><![CDATA[Growth in most emerging economies has been synonymous  to investments by foreigners. The trend is only set to linger.  Developed economies have little scope to grow investor wealth  domestically. Economies like China have had investments in the form .....]]></description><pubDate>January 20,2011</pubDate></item><item><title><![CDATA[Rupee Falls 15 Paise Against US Dollar in Early Trade [January 20,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/680/Rupee_Falls_15_Paise_Against_US_Dollar_in_Early_Trade.html]]></guid><description><![CDATA[Indian rupee edged lower against the greenback in morning trade. Rupee  was down by 15 paise or 0.15% against USD to Rs 45.61 compared to  previous close of 45.46. At 9.20., the Sensex was trading down  115.59 points or 0.61% at 18,862.73 with 26 com.....]]></description><pubDate>January 20,2011</pubDate></item><item><title><![CDATA[India Mulls Anti-Dumping Duty on Chinese Glass Fibre Imports [January 19,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/671/India_Mulls_Anti-Dumping_Duty_on_Chinese_Glass_Fibre_Imports.html]]></guid><description><![CDATA[NEW DELHI: India is considering imposition of anti-dumping duty of upto 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.After concluding that "t.....]]></description><pubDate>January 19,2011</pubDate></item><item><title><![CDATA[BCCI Denied Customs Duty Exemption [January 19,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/672/BCCI_Denied_Customs_Duty_Exemption.html]]></guid><description><![CDATA[The BCCI has been denied customs duty exemption on imports by the government of India, in the first direct consequence of its de-recognition as a national sports body.A government circular from the Ministry of Finance on Monday states that the goods .....]]></description><pubDate>January 19,2011</pubDate></item><item><title><![CDATA[India Caps Cotton Export Despite Record Output [January 19,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/673/India_Caps_Cotton_Export_Despite_Record_Output.html]]></guid><description><![CDATA[MUMBAI: Cotton output in India, the world&rsquo;s second biggest producer and exporter of the fibre, is seen at a record 32.9 million bales in 2010/11 on higher acreage and favourable weather.But despite the record output, the south Asian country has.....]]></description><pubDate>January 19,2011</pubDate></item><item><title><![CDATA[FDI Bug Back in Multi-Brand Retail [January 19,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/674/FDI_Bug_Back_in_Multi-Brand_Retail.html]]></guid><description><![CDATA[The department of industrial policy and promotion's attempt to open up multi-brand retail sector has begun to receive consent from various ministries. Cabinet secretary KM Chandrasekhar suggested that FDI in multi-brand retail could heal the volatile.....]]></description><pubDate>January 19,2011</pubDate></item><item><title><![CDATA[Pepper May Drop on Weak Export Demand [January 19,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/675/Pepper_May_Drop_on_Weak_Export_Demand.html]]></guid><description><![CDATA[Pepper rates found some support at the lower levels as absence of export demand prevented a major upside movement. Traders however expect the demand to pick up in coming weeks that could support the prices. Traders are reportedly waiting for some mor.....]]></description><pubDate>January 19,2011</pubDate></item><item><title><![CDATA[Pakistani Millers Oppose Import of Indian Sugar [January 19,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/676/Pakistani_Millers_Oppose_Import_of_Indian_Sugar.html]]></guid><description><![CDATA[




Pakistani millers oppose sugar imports from India  because of fears New Delhi may dump surplus product and hurt the  domestic industry, an industry official said on Wednesday.Pakistan  imposes no import duty on White sugar and the governmen.....]]></description><pubDate>January 19,2011</pubDate></item><item><title><![CDATA[Australia Says to Continue Talks on India Uranium Export Ban [January 19,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/677/Australia_Says_to_Continue_Talks_on_India_Uranium_Export_Ban.html]]></guid><description><![CDATA[MELBOURNE - Australia will continue to discuss Canberra's ban on exports  of uranium to India, but that does not signal any plans to lift the  ban, Foreign Minister Keving Rudd said on Thursday."That does  not contain within it any assumption of a ch.....]]></description><pubDate>January 19,2011</pubDate></item><item><title><![CDATA[India Gold Jewellery Export Falls By 8% [January 19,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/678/India_Gold_Jewellery_Export_Falls_By_8%.html]]></guid><description><![CDATA[MUMBAI : High prices of gold in India--the largest marketplace for the  yellow metal in the world--seem to be hurting the export of precious  metal. Though gold jewellery exports from India have been surging in the  last few years, they have suddenly.....]]></description><pubDate>January 19,2011</pubDate></item><item><title><![CDATA[India Essar Oil Says to Raise Imports from LatAm [January 18,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/666/India_Essar_Oil_Says_to_Raise_Imports_from_LatAm.html]]></guid><description><![CDATA[India's Essar Oil (ESRO.BO: Quote) will step up crude oil imports from Latin America as its seeks to expand its Vadinar refinery in western Gujarat state by 43 percent by September 2012, its managing director said on Monday.Essar plans to lift the ca.....]]></description><pubDate>January 18,2011</pubDate></item><item><title><![CDATA[Consumers Can Wait, Don�t Import: National Cooperative Consumers Federation [January 18,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/667/Consumers_Can_Wait_Don�t_Import_National_Cooperative_Consumers_Federation.html]]></guid><description><![CDATA[Food and agriculture minister Sharad Pawar may be facing all-round flak for failing to control prices, but National Cooperative Consumers Federation (NCCF), a key body under this ministry, has still attacked the commerce ministry for allowing import .....]]></description><pubDate>January 18,2011</pubDate></item><item><title><![CDATA[Small Car Exports Jump 5% in 2010 [January 18,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/668/Small_Car_Exports_Jump_5%_in_2010.html]]></guid><description><![CDATA[The small car exports from India saw a marginal rise of five per cent during the calendar year 2010 at a total export volume of little over four lakh units. Though the withdrawal of scrappage incentive scheme in European market impacted car exports, .....]]></description><pubDate>January 18,2011</pubDate></item><item><title><![CDATA[Global FDI Flows to India Down 31% in 2010: UNCTAD [January 18,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/669/Global_FDI_Flows_to_India_Down_31%_in_2010_UNCTAD.html]]></guid><description><![CDATA[GENEVA: Global foreign direct investment (FDI) flows into India dropped by over 31 per cent in 2010 despite robust economic growth, according to the United Nations Conference on Trade and Development (UNCTAD).However, China and other countries in Sou.....]]></description><pubDate>January 18,2011</pubDate></item><item><title><![CDATA[Rupee Ends at 7-Week Low of 45.52/53 Vs Dlr [January 18,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/670/Rupee_Ends_at_7-Week_Low_of_4552/53_Vs_Dlr.html]]></guid><description><![CDATA[Mumbai, (PTI) The Indian rupee today ended atseven-week low of 45.52/53 a dollar after losing 16 paise dueto hectic demand for the US currencyfrom oil importers whoanticipate crude prices to touch USD 100 a barrel soon.Dealers in foreign exchange sai.....]]></description><pubDate>January 18,2011</pubDate></item><item><title><![CDATA[Gold Imports May Have Hit Record: WGC [January 13,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/660/Gold_Imports_May_Have_Hit_Record_WGC.html]]></guid><description><![CDATA[Gold imports by India, the biggest bullion consumer, likely reached a record last year driven by investment demand, according to the World Gold Council (WGC).&ldquo;Purchases were about 800 metric tonnes, compared with 557 tonnes in 2009,&rdquo; Ajay.....]]></description><pubDate>January 13,2011</pubDate></item><item><title><![CDATA[India Mulls Anti-Dumping Duty on Chemical's Import from China [January 13,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/661/India_Mulls_Anti-Dumping_Duty_on_Chemical's_Import_from_China.html]]></guid><description><![CDATA[NEW DELHI: The government is considering to impose anti-dumping duty of up to USD 236 per tonne on imports of a chemical, used in bricks, tiles and ceramics, to protect domestic industry from cheap Chinese shipments.The Directorate General of Anti-Du.....]]></description><pubDate>January 13,2011</pubDate></item><item><title><![CDATA[India Declines to Fourth in Global Pepper Export Mart [January 13,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/662/India_Declines_to_Fourth_in_Global_Pepper_Export_Mart.html]]></guid><description><![CDATA[India declined to the fourth position on the global pepper export table in 2010. India, which was the second-largest exporter of the spice, fell to the fourth position after Vietnam, Indonesia and Brazil.Brisk exports by Indonesia in 2010 brought it .....]]></description><pubDate>January 13,2011</pubDate></item><item><title><![CDATA[Onion Export to India Conditioned [January 13,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/663/Onion_Export_to_India_Conditioned.html]]></guid><description><![CDATA[ISLAMABAD - Prime Minister Syed Yousuf Raza Gilani on Wednesday approved the Commerce Ministry's summery, allowing permission to export onion to only those exporters who made contracts in India before imposition of ban on the commodity's export."The .....]]></description><pubDate>January 13,2011</pubDate></item><item><title><![CDATA[Milk Powder Export to Grow by 87.5 per cent in 2011 [January 13,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/664/Milk_Powder_Export_to_Grow_by_875_per_cent_in_2011.html]]></guid><description><![CDATA[NEW DELHI: India's export of milk powder in 2011 is expected to grow by 87.5 per cent on increased production of milk in the country, according to a report by the US Department of Agriculture (USDA)."Sufficient carry-over stocks from 2010 may increas.....]]></description><pubDate>January 13,2011</pubDate></item><item><title><![CDATA[India Orissa State Wants Export Ban on Iron Ore-Min [January 13,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/665/India_Orissa_State_Wants_Export_Ban_on_Iron_Ore-Min.html]]></guid><description><![CDATA[BHUBANESWAR, India - India's eastern Orissa state is seeking a ban on exports of all iron ore grades and the proposal is likely to be sent to the federal government in a month, the state's steel and mines minister said on Wednesday."We have to get th.....]]></description><pubDate>January 13,2011</pubDate></item><item><title><![CDATA[Sensitive Items Import Jumps 14% to 40.5k cr [January 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/650/Sensitive_Items_Import_Jumps_14%_to_405k_cr.html]]></guid><description><![CDATA[NEW DELHI: India&rsquo;s import of sensitive products increased 14% to Rs 40,499 crore in the April-October 2010 period with sharp increases in food grains, dairy products, automobiles , edible oil, rubber and alcoholic beverages. Rise in import of c.....]]></description><pubDate>January 11,2011</pubDate></item><item><title><![CDATA[India Plans to Boost South African Imports of Gold, Coal, Gems and Metals [January 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/651/India_Plans_to_Boost_South_African_Imports_of_Gold_Coal_Gems_and_Metals.html]]></guid><description><![CDATA[MMTC Ltd., India&rsquo;s largest state-run trading company, will boost imports of South African gold, coal, nickel and chrome after opening its first office in the country.MMTC agreed with South Africa&rsquo;s FirstRand Ltd. to buy 15 metric tons of .....]]></description><pubDate>January 11,2011</pubDate></item><item><title><![CDATA[Exports to touch over $ 500 bn by 2014-15: FIEO [January 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/652/Exports_to_touch_over_$_500_bn_by_2014-15_FIEO.html]]></guid><description><![CDATA[NEW DELHI: If exports maintain an annual growth trend of 25 per cent, Indian exports can cross USD 500 billion by 2014-15 from USD 220 billion expected in the current fiscal, FIEO said today.India's apex exporters body Federation of Indian Export Org.....]]></description><pubDate>January 11,2011</pubDate></item><item><title><![CDATA[Ban on Onion Export to India to Stay: Govt [January 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/653/Ban_on_Onion_Export_to_India_to_Stay_Govt.html]]></guid><description><![CDATA[ISLAMABAD - The government of Pakistan on Monday decided to maintain ban on onions' exports to India through land route via Wagha border, however, it is likely to allow to cross only those loaded trucks with onions standing at Indian border."Due to b.....]]></description><pubDate>January 11,2011</pubDate></item><item><title><![CDATA[Retail FDI May Have to Wait, Panel Calls for Wider Debate [January 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/654/Retail_FDI_May_Have_to_Wait_Panel_Calls_for_Wider_Debate.html]]></guid><description><![CDATA[International retail chains like Walmart and Tesco may have to wait some more before they get to set up shop in India as an inter-ministerial panel has called for wider debate before allowing foreign direct investment in multi- brand retail.&ldquo;Th.....]]></description><pubDate>January 11,2011</pubDate></item><item><title><![CDATA[India to Send Delegation to Tehran to Sort Oil Import Impasse [January 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/655/India_to_Send_Delegation_to_Tehran_to_Sort_Oil_Import_Impasse.html]]></guid><description><![CDATA[An Indian delegation will visit Tehran on January 14 to decide on payment options for Iranian oil import in the wake of a controversy over the matter following US sanctions on the Persian Gulf nation for its nuke programme."The delegation will go on .....]]></description><pubDate>January 11,2011</pubDate></item><item><title><![CDATA[Sugar Exports from India May be Delayed by a Month, Industry Officials Say [January 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/656/Sugar_Exports_from_India_May_be_Delayed_by_a_Month_Industry_Officials_Say.html]]></guid><description><![CDATA[Sugar sales from India, the second- biggest producer, may start by end of February, about a month later than expected, as sellers with smaller tonnages take time to find buyers, according to industry officials.The food ministry allowed 535 mills to s.....]]></description><pubDate>January 11,2011</pubDate></item><item><title><![CDATA[India's Cotton Export Quota May be Enhanced [January 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/657/India's_Cotton_Export_Quota_May_be_Enhanced.html]]></guid><description><![CDATA[The deadline set by the Indian Ministry of Commerce &amp; Trade for allotment of permits to export 2.5 million bales (170 kg each) ended on Monday. Till evening, no allotment was made. even as traders were hopeful that by midnight, Commerce Ministry .....]]></description><pubDate>January 11,2011</pubDate></item><item><title><![CDATA[India Inc Seeks Cut in Excise and Service Tax in  [January 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/658/India_Inc_Seeks_Cut_in_Excise_and_Service_Tax_in_.html]]></guid><description><![CDATA[India Inc on Tuesday urged finance minister Pranab Mukherjee not to raise excise duties and services tax from the current 10 per cent level and stick to the peak customs duty of 10 per cent in the forthcoming Union Budget for 2011-2012 so that the in.....]]></description><pubDate>January 11,2011</pubDate></item><item><title><![CDATA[India Forex Reserves Rises to $297.334 Billion Last Year [January 11,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/659/India_Forex_Reserves_Rises_to_$297334_Billion_Last_Year.html]]></guid><description><![CDATA[NEW DELHI : India's foreign exchange reserves rose to $297.334 billion as on Dec 31 from $295.031.India&rsquo;s central bank, the RBI in its weekly statistical supplement said changes in foreign currency assets, expressed in dollar terms, include the.....]]></description><pubDate>January 11,2011</pubDate></item><item><title><![CDATA[RBI Claims ACU Ban Will Ease Oil Imports [January 10,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/645/RBI_Claims_ACU_Ban_Will_Ease_Oil_Imports.html]]></guid><description><![CDATA[RBI officials have sought to clear the air over recent payment rules which some suggest will curb India&rsquo;s trade with Iran, especially in the oil sector, saying that the central bank actually aimed at facilitating it.The move is aimed at helping.....]]></description><pubDate>January 10,2011</pubDate></item><item><title><![CDATA[Export Grows 36.4 Per cent in December 2010: Commerce Secretary [January 10,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/646/Export_Grows_364_Per_cent_in_December_2010_Commerce_Secretary.html]]></guid><description><![CDATA[India's exports have registered a growth of 36.4 per cent during December 2010, at 22.5 billion dollars.Stating this at a press interaction here on Saturday, Commerce Secretary Rahul Khullar said that during the period April-December 2010, exports re.....]]></description><pubDate>January 10,2011</pubDate></item><item><title><![CDATA[India to Revisit Cotton Export Ban to Keep Onions Flowing [January 10,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/647/India_to_Revisit_Cotton_Export_Ban_to_Keep_Onions_Flowing.html]]></guid><description><![CDATA[NEW DELHI: India is understood to have told Pakistan that it is ready to lift the ban on cotton exports if the latter resumes its onion exports through rail and land routes.Official sources in the Commerce Ministry said this was conveyed to Islamabad.....]]></description><pubDate>January 10,2011</pubDate></item><item><title><![CDATA[Asia Rice Production, Trade and Policies [January 10,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/648/Asia_Rice_Production_Trade_and_Policies.html]]></guid><description><![CDATA[As expect China holds rice stocks enough for more than 3 months consumption or more than 40 million tonne, mainly of early-season or long-grain rice, while most people prefer Japonica riceINDIA* OUTPUT:The government has fixed a target to produce102 .....]]></description><pubDate>January 10,2011</pubDate></item><item><title><![CDATA[Health Minister Wants Changes in FDI Rules for Pharma Sector [January 10,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/649/Health_Minister_Wants_Changes_in_FDI_Rules_for_Pharma_Sector.html]]></guid><description><![CDATA[Concerned over a host of takeovers of Indian pharma companies by foreign giants, Union health and family welfare minister Ghulam Nabi Azad is pushing for changes in the foreign direct investment (FDI) rules for the pharmaceutical sector.&ldquo;The re.....]]></description><pubDate>January 10,2011</pubDate></item><item><title><![CDATA[India to Boost Oil-Palm Area to Cut $8.4 Billion Bill [January 07,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/640/India_to_Boost_Oil-Palm_Area_to_Cut_$84_Billion_Bill.html]]></guid><description><![CDATA[ndia, the biggest buyer of vegetable oils after China, plans to increase its oil-palm area more than sevenfold as it seeks ways to lower its cooking-fat import bill of $8.4 billion.Plantations may cover 1 million hectares (2.47 million acres) in the .....]]></description><pubDate>January 07,2011</pubDate></item><item><title><![CDATA[Gold Imports May Rise by 15% to 805 Tons [January 07,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/641/Gold_Imports_May_Rise_by_15%_to_805_Tons.html]]></guid><description><![CDATA[Gold import is likely to rise by 15 per cent this year to around 805 tonnes, as compared to last year due to growing demand for gems and jewellery, an industry expert said on Thursday."The demand for jewellery is growing and we expect the imports to .....]]></description><pubDate>January 07,2011</pubDate></item><item><title><![CDATA[Rethink Ban On Onion Exports, India to Pakistan [January 07,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/642/Rethink_Ban_On_Onion_Exports_India_to_Pakistan.html]]></guid><description><![CDATA[NEW DELHI: The government on Thursday termed as unfortunate Pakistan&rsquo;s decision to ban the export of onion to India via the land route. It said it has urged Islamabad to review its decision.&ldquo;We have urged them (the authorities in Pakistan.....]]></description><pubDate>January 07,2011</pubDate></item><item><title><![CDATA[India Tops Japan's FDI Destination Survey [January 07,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/643/India_Tops_Japan's_FDI_Destination_Survey.html]]></guid><description><![CDATA[In an annual survey conducted by the Japan Bank for International Cooperation, India for the first time topped the list as the most attractive destination, overtaking China.The survey, which is in vogue since 1992, elicits the views of Japanese compa.....]]></description><pubDate>January 07,2011</pubDate></item><item><title><![CDATA[Rupee Slumps 11 Paise Against Dollar [January 07,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/644/Rupee_Slumps_11_Paise_Against_Dollar.html]]></guid><description><![CDATA[MUMBAI: The Indian rupee fell by 11 paise to Rs 45.35 a dollar in the early trade at the Interbank Foreign Exchange today, tracking gains in the American currency overseas and weak opening at the stock markets.Forex traders said US dollar's gains aga.....]]></description><pubDate>January 07,2011</pubDate></item><item><title><![CDATA[Keeping Home Safe: Peak Customs Duty to Stay at 10% [January 06,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/636/Keeping_Home_Safe_Peak_Customs_Duty_to_Stay_at_10%.html]]></guid><description><![CDATA[NEW DELHI: The government is likely to keep peak Customs duty rate of 10% unchanged in the forthcoming budget to protect the domestic industry as a number of countries look to export their way to growth.India had committed to lowering its import duty.....]]></description><pubDate>January 06,2011</pubDate></item><item><title><![CDATA[India Nov Tea Output Rises 3.7% to 93.92m kgs [January 06,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/637/India_Nov_Tea_Output_Rises_37%_to_9392m_kgs.html]]></guid><description><![CDATA[MUMBAI: India&rsquo;s tea production in November 2010 rose 3.7 percent from a year ago to 93.92 million kg, data with the state-run Tea Board showed.India is the world&rsquo;s second biggest producer of tea after China.However, output during January .....]]></description><pubDate>January 06,2011</pubDate></item><item><title><![CDATA[Rupee Down Against Dollar in Early Trade [January 06,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/638/Rupee_Down_Against_Dollar_in_Early_Trade.html]]></guid><description><![CDATA[The Indian rupee fell marginally by 4 paise to Rs 45.36 a dollar in early trade at Interbank Foreign Exchange on Thursday.Forex dealers said dollar&rsquo;s gains against other Asian currencies along with demand for the US dollar from importers put pr.....]]></description><pubDate>January 06,2011</pubDate></item><item><title><![CDATA[Indian Fruit and Vegetable Exports to the Persian Gulf on the Increase [January 06,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/639/Indian_Fruit_and_Vegetable_Exports_to_the_Persian_Gulf_on_the_Increase.html]]></guid><description><![CDATA[The Gulf countries have increased their demand for Indian fruit and vegetables in recent years. Since 2007, Indian exports of fruit and vegetables to Iran, Bahrain, Iraq, Kuwait, Oman, Qatar, Saudi Arabia and the UAE have grown 61.8%, the top two des.....]]></description><pubDate>January 06,2011</pubDate></item><item><title><![CDATA[Pakistani Onion Imports to Ease Supply Troubles in India [January 05,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/635/Pakistani_Onion_Imports_to_Ease_Supply_Troubles_in_India.html]]></guid><description><![CDATA[The first consignment of Pakistani onions contracted by Indian state owned trading agencies will arrive in Amritsar On Thursday and could reach markets in Delhi a day or so after, official sources In New Delhi said on Wednesday. The consignment will .....]]></description><pubDate>January 05,2011</pubDate></item><item><title><![CDATA[India Won't Slap Import Tax on Crude Edible Oil: Source [January 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/630/India_Won't_Slap_Import_Tax_on_Crude_Edible_Oil_Source.html]]></guid><description><![CDATA[NEW DELHI: India has no immediate plans to impose import tax on edible oils, a government source said on Tuesday.Some traders had expected the government to impose import tax on crude edible oils and raise duties on refined varieties."Prices have aga.....]]></description><pubDate>January 04,2011</pubDate></item><item><title><![CDATA[India Extends Ban on Import of Milk, Milk Products from China [January 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/631/India_Extends_Ban_on_Import_of_Milk_Milk_Products_from_China.html]]></guid><description><![CDATA[New Delhi,&nbsp; (PTI) India today extended the ban on milk and milk products from China for another one year, according to the foreign trade office.The Directorate General of Foreign Trade (DGFT) said in a notification that the extension of the ban .....]]></description><pubDate>January 04,2011</pubDate></item><item><title><![CDATA[PEC Floats Tender to Import 50,000 tn of Canadian Yellow Peas [January 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/632/PEC_Floats_Tender_to_Import_50000_tn_of_Canadian_Yellow_Peas.html]]></guid><description><![CDATA[New Delhi, (PTI) India state-run trading firm PEC Ltd has invited bids to import 50,000 tonnes of yellow peas from Canada, expected to be delivered by February 15.Bids will close on January 10 and the decision on the tender will be taken by January 1.....]]></description><pubDate>January 04,2011</pubDate></item><item><title><![CDATA[India: Exports and Imports Face Rate Hike on Shipments [January 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/633/India_Exports_and_Imports_Face_Rate_Hike_on_Shipments.html]]></guid><description><![CDATA[Exporters and importers will have to pay more in the new year as container carriers increase rates and impose a new surcharge on shipping goods to Europe. Israel&rsquo;s Zim Integrated Shipping Services Ltd will introduce a general rate increase of $.....]]></description><pubDate>January 04,2011</pubDate></item><item><title><![CDATA[India: Exports and Imports Face Rate Hike on ShipmentsGold Imports by India May Increase This Year on Rising Investment Demand [January 04,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/634/India_Exports_and_Imports_Face_Rate_Hike_on_ShipmentsGold_Imports_by_India_May_Increase_This_Year_on_Rising_Investment_Demand.html]]></guid><description><![CDATA[Gold imports by India, the biggest consumer, may climb this year as record prices fail to deter buyers and investors seeking a hedge against inflation, according to broker Nirmal Bang Commodities Pvt.Imports may total 770 tons to 810 metric tons, up .....]]></description><pubDate>January 04,2011</pubDate></item><item><title><![CDATA[Indian Gold Imports Topped 700 Tonnes [January 03,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/624/Indian_Gold_Imports_Topped_700_Tonnes.html]]></guid><description><![CDATA[Mumbai: Gold imports by India, the biggest consumer of bullion, may have  reached about 700 metric tonnes in 2010, according to the Bombay  Bullion Association.Purchases in 2009 totalled 559 tonnes and  imports in the first nine months of last year w.....]]></description><pubDate>January 03,2011</pubDate></item><item><title><![CDATA[India�s Exports on Track for $200 Billion Year [January 03,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/625/India�s_Exports_on_Track_for_$200_Billion_Year.html]]></guid><description><![CDATA[Exports for November jumped 26.5 percent; imports grew 11.2 percentThe  Indian Commerce Ministry said Monday it is on track to reach its export  target of $200 billion for fiscal 2010-11 ending March 31.&ldquo;India's  total merchandise exports would.....]]></description><pubDate>January 03,2011</pubDate></item><item><title><![CDATA[Govt Reimposes 60% Duty on Sugar Imports [January 03,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/626/Govt_Reimposes_60%_Duty_on_Sugar_Imports.html]]></guid><description><![CDATA[With sugar production set to exceed domestic demand, the government has  decided the zero duty regime on sugar imports to lapse, which in effect  will restore 60% duty on the sweetener. Import duty on sugar was  abolished in early 2009 to boost domes.....]]></description><pubDate>January 03,2011</pubDate></item><item><title><![CDATA[Non-Cotton Exporters Seek Relief from Raw Material Cost Hike [January 03,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/627/Non-Cotton_Exporters_Seek_Relief_from_Raw_Material_Cost_Hike.html]]></guid><description><![CDATA[New Delhi, (PTI) The man-made fibre textiles industry will seek a  meeting with Finance Minister Pranab Mukherjee and demand increase in  duty refunds to make up for rising raw material costs.The duty  drawback on textiles based on synthetic (man-mad.....]]></description><pubDate>January 03,2011</pubDate></item><item><title><![CDATA[Coffee Exports Surge 56% in 2010 [January 03,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/628/Coffee_Exports_Surge_56%_in_2010.html]]></guid><description><![CDATA[Coffee export from India has increased by 56% in the calendar year 2010  because of strong domestic production and better pricing of Indian  coffee in the international markets. India produced 2.89 lakh tonne of  coffee in 2009-10, up by 10.4% from t.....]]></description><pubDate>January 03,2011</pubDate></item><item><title><![CDATA[Rupee Gains 3 Paise Against US Dollar in Early Trade [January 03,2011]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/629/Rupee_Gains_3_Paise_Against_US_Dollar_in_Early_Trade.html]]></guid><description><![CDATA[MUMBAI: The Indian rupee rose marginally by 3 paise to Rs 44.67 a dollar  in early trade at the Interbank Foreign Exchange today, supported by  increased dollar inflows.Forex dealers said increased dollar  inflows and higher opening at the bourses he.....]]></description><pubDate>January 03,2011</pubDate></item><item><title><![CDATA[India Scraps Tax on Onion Imports [December 23,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/618/India_Scraps_Tax_on_Onion_Imports.html]]></guid><description><![CDATA[INDIAN leaders, facing anger over rising onion costs, has scrapped tax on imports of the vegetable.The  move comes after Prime Minister Manmohan Singh expressed "deep concern"  over the cost of onions doubling and called for steps to lower the  price.....]]></description><pubDate>December 23,2010</pubDate></item><item><title><![CDATA[Handicrafts Exports up 19 % in April-November [December 23,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/619/Handicrafts_Exports_up_19_%_in_April-November.html]]></guid><description><![CDATA[




Even as several leading economists across the world  continue to express fears about the possibilities of a double dip  depression, the average consumer abroad does not seem to be so very  bothered when it comes to buying Indian handicrafts.....]]></description><pubDate>December 23,2010</pubDate></item><item><title><![CDATA[Govt May Cut Taxes for Oil Sector in Budget [December 23,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/620/Govt_May_Cut_Taxes_for_Oil_Sector_in_Budget.html]]></guid><description><![CDATA[NEW DELHI: India may cut taxes on crude oil and refined products in next  year's budget, the finance secretary said on Wednesday, to cushion the  impact of rising global oil prices on inflation and state oil firms'  profits."All these issues on whate.....]]></description><pubDate>December 23,2010</pubDate></item><item><title><![CDATA[Sugar Futures Rebound as India May Delay Exports; Arabica Coffee Declines [December 23,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/621/Sugar_Futures_Rebound_as_India_May_Delay_Exports;_Arabica_Coffee_Declines.html]]></guid><description><![CDATA[Sugar prices rose for the fourth straight session on  speculation that India, the world&rsquo;s second- biggest producer, may delay  new exports. Arabica coffee dropped from the highest in 13 years.The  Indian government will review its export policy.....]]></description><pubDate>December 23,2010</pubDate></item><item><title><![CDATA[Kendle Starts Expansion at Gandhinagar SEZ [December 23,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/622/Kendle_Starts_Expansion_at_Gandhinagar_SEZ.html]]></guid><description><![CDATA[Kendle, world's fifth largest clinical research organisation(CRO), that  started operations in Gujarat's first IT special economic zone (SEZ)  Mindspace in June is all set to embark on its second phase of expansion  soon.The CRO that started with aro.....]]></description><pubDate>December 23,2010</pubDate></item><item><title><![CDATA[Govt Withhold Decision to Impose Dumping Duty on Pen G, 6 APA [December 23,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/623/Govt_Withhold_Decision_to_Impose_Dumping_Duty_on_Pen_G_6_APA.html]]></guid><description><![CDATA[The Central government has kept in abeyance the controversial decision  to impose anti-dumping duty on imports of two pharmaceutical raw  materials, penicillin G (Pen G) and 6-Aminopenicillanic Acid (6 APA), it  is learnt.According to reliable source.....]]></description><pubDate>December 23,2010</pubDate></item><item><title><![CDATA[India Imports Onion from Pakistan [December 20,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/612/India_Imports_Onion_from_Pakistan.html]]></guid><description><![CDATA[Shortage of onion in markets has brought in a role reversal for India,  with the country on Monday receiving truck loads of the commodity from  Pakistan to which it so far used to export the vegetable.Skyrocketing  prices of onion that touched Rs 60-.....]]></description><pubDate>December 20,2010</pubDate></item><item><title><![CDATA[Strong Jewellery Sales Boost India Gold Imports in 2010 [December 20,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/613/Strong_Jewellery_Sales_Boost_India_Gold_Imports_in_2010.html]]></guid><description><![CDATA[MUMBAI : Strong gold jewellery sales by India, the largest consumer of  the yellow metal in the world, has helped boost gold imports to the  country in 2010, says a report from the World Gold Council (WGC).According  to WGC statistics, gold imports b.....]]></description><pubDate>December 20,2010</pubDate></item><item><title><![CDATA[India Among Leading Exporters to UAE Free Zones [December 20,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/614/India_Among_Leading_Exporters_to_UAE_Free_Zones.html]]></guid><description><![CDATA[DUBAI: India has featured in the list of leading exporters to UAE free  zones last year with a total export value of USD 30 billion (110.4  billion dirhams), or 66 per cent of the total value of the country's  imports.China, India, US, Japan, UK, Sou.....]]></description><pubDate>December 20,2010</pubDate></item><item><title><![CDATA[India Halts Onion Exports, Jacks Up Export Price to $1,200 Per Tonne News [December 20,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/615/India_Halts_Onion_Exports_Jacks_Up_Export_Price_to_$1200_Per_Tonne_News.html]]></guid><description><![CDATA[The government today moved to call a halt to sky-rocketing onion prices,  which moved above Rs60 a kg in retail trade, by suspending its exports  till 15 January and raising the minimum export price of the commodity  from $525 to $1,200 per tonne.A m.....]]></description><pubDate>December 20,2010</pubDate></item><item><title><![CDATA[Seafood Exports Zoom 15% During Apr-Oct [December 20,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/616/Seafood_Exports_Zoom_15%_During_Apr-Oct.html]]></guid><description><![CDATA[KOCHI: The Indian seafood sector is on a roll. Exports have seen an  increase of 15.40% in rupee terms and 21.53% in dollar terms during the  April to October period on the strength of higher demand for shrimp from  the US and Japan. Better exports o.....]]></description><pubDate>December 20,2010</pubDate></item><item><title><![CDATA[Rupee Gains 18 Paise Against US Dollar in Early Trade [December 20,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/617/Rupee_Gains_18_Paise_Against_US_Dollar_in_Early_Trade.html]]></guid><description><![CDATA[The Indian rupee appreciated by 18 paise to Rs 45.29 a dollar in early  trade at the Interbank Foreign Exchange today, tracking gains made by  other Asian currencies.Dealers said dollar weakness against  other Asian currencies and a higher opening on.....]]></description><pubDate>December 20,2010</pubDate></item><item><title><![CDATA[Sri Lanka to Import Chicken And Eggs From India [December 19,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/606/Sri_Lanka_to_Import_Chicken_And_Eggs_From_India.html]]></guid><description><![CDATA[Colombo, (PTI) Sri Lanka is set to receive first ever chicken and egg  commercial consignment imported from India to meet shortages in the  domestic market ahead of festive season.Trade ministry officials  said they placed an order for 500 tonnes of .....]]></description><pubDate>December 19,2010</pubDate></item><item><title><![CDATA[One-Third of GCC Tube Requirements are met by Imports from India, Europe and China [December 19,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/607/One-Third_of_GCC_Tube_Requirements_are_met_by_Imports_from_India_Europe_and_China.html]]></guid><description><![CDATA[




One third of GCC's requirements in tubes are met by  imports from Europe, India and China, according to figures released in  connection with Tekno/Tube Arabia 2011, the 10th International Trade  Fair for industrial machinery, metal working,.....]]></description><pubDate>December 19,2010</pubDate></item><item><title><![CDATA[Apeda on an Organic Drive, Plans to Double Exports [December 19,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/608/Apeda_on_an_Organic_Drive_Plans_to_Double_Exports.html]]></guid><description><![CDATA[To provide a boost to the organic products exports from the current  level of Rs 530 core per annum to Rs 1000 crore by 2012, the government  has decided to launch an awareness programme amongst the farmers and  offer subsidies.Stating this at the AS.....]]></description><pubDate>December 19,2010</pubDate></item><item><title><![CDATA[Rap for Govt on SEZ Taxes [December 19,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/609/Rap_for_Govt_on_SEZ_Taxes.html]]></guid><description><![CDATA[Parliament&rsquo;s Standing Committee on Finance has criticised the government  for not doing a review of the tax exemptions given to Special Economic  Zones (SEZs) and an evalutation of the losses due to these. In April,  the committee had asked the.....]]></description><pubDate>December 19,2010</pubDate></item><item><title><![CDATA[Department of Heavy Industry to Press for 14% Customs Duty on Capital Goods [December 19,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/610/Department_of_Heavy_Industry_to_Press_for_14%_Customs_Duty_on_Capital_Goods.html]]></guid><description><![CDATA[New Delhi: The Department of Heavy Industry had evolved a scheme for  setting up four Common Facility Centres for machine tools, textile  machinery, heavy electrical equipment and process plant equipment and  establishment of two Industrial Cluster P.....]]></description><pubDate>December 19,2010</pubDate></item><item><title><![CDATA[India's Forex Reserves Fall by $971 Million [December 19,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/611/India's_Forex_Reserves_Fall_by_$971_Million.html]]></guid><description><![CDATA[India's foreign exchange (forex) reserves declined by $971 million to  $295.42 billion for the week ended Dec 10 due to a slump in the value of  foreign currency assets. The foreign currency assets, the biggest  component of the forex reserves kitty,.....]]></description><pubDate>December 19,2010</pubDate></item><item><title><![CDATA[Indian Power Goods Imports Surging on Lower Domestic Output: Min [December 18,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/600/Indian_Power_Goods_Imports_Surging_on_Lower_Domestic_Output_Min.html]]></guid><description><![CDATA[India's Heavy Industries Minister Vilasrao Deshmukh on Thursday said a  recent surge in imports of power equipment was due to the failure of  domestic manufacturers to meet rising demand from the energy sector.  Deshmukh's comments come in the backdr.....]]></description><pubDate>December 18,2010</pubDate></item><item><title><![CDATA[Govt May Allow RCF, NFL to Import Urea [December 18,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/601/Govt_May_Allow_RCF_NFL_to_Import_Urea.html]]></guid><description><![CDATA[State owned fertilizer makers Rashtriya Chemicals and Fertilizers Ltd  (RCF) and National Fertilizers Ltd (NFL) may soon be made trading  agencies, three officials familiar with the development said.At  present, only three state-owned entities&mdash;.....]]></description><pubDate>December 18,2010</pubDate></item><item><title><![CDATA[Pushing For Easing Export Controls, Obama Cites India Deals [December 18,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/602/Pushing_For_Easing_Export_Controls_Obama_Cites_India_Deals.html]]></guid><description><![CDATA[WASHINGTON, D.C. -&nbsp; Citing $10 billion worth of &ldquo;landmark&rdquo; deals with  India and other trade initiatives, U.S. President Barack Obama has  proposed easing export controls on technology products for 37 allies,  but India does not figu.....]]></description><pubDate>December 18,2010</pubDate></item><item><title><![CDATA[EU Ban on Indian Honey to Affect Prices: Kashmir Apiaries [December 18,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/603/EU_Ban_on_Indian_Honey_to_Affect_Prices_Kashmir_Apiaries.html]]></guid><description><![CDATA[Chandigarh, (PTI) Country''s leading honey exporter Kashmir Apiaries  today said that ban imposed by European Union (EU) on Indian honey would  cause dip in honey prices in global markets, besides hitting country''s  honey industry."Honey industry is.....]]></description><pubDate>December 18,2010</pubDate></item><item><title><![CDATA[Govt Withhold Decision to Impose Dumping Duty on Pen G, 6 APA [December 18,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/604/Govt_Withhold_Decision_to_Impose_Dumping_Duty_on_Pen_G_6_APA.html]]></guid><description><![CDATA[The Central government has kept in abeyance the controversial decision  to impose anti-dumping duty on imports of two pharmaceutical raw  materials, penicillin G (Pen G) and 6-Aminopenicillanic Acid (6 APA), it  is learnt.According to reliable source.....]]></description><pubDate>December 18,2010</pubDate></item><item><title><![CDATA[Rising Rubber Prices Hit India Buying [December 18,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/605/Rising_Rubber_Prices_Hit_India_Buying.html]]></guid><description><![CDATA[MUMBAI (Commodity Online) : Global rubber prices may continue to soar in  2011 as the gap between demand and supply is widening. Thailand the  biggest exporter of rubber may may witness fall in output on adverse  weather.The domestic users of natural.....]]></description><pubDate>December 18,2010</pubDate></item><item><title><![CDATA[Commodities Buzz: India 2010-11 Edible Oil Imports Likely Flat At 8.8 Million Tons [December 03,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/588/Commodities_Buzz_India_2010-11_Edible_Oil_Imports_Likely_Flat_At_88_Million_Tons.html]]></guid><description><![CDATA[India's edible oil imports this marketing year are likely to remain  unchanged from last year as domestic output will rise enough to meet  higher consumption, a senior industry executive said. India imported 8.8  million tons of edible oil in the yea.....]]></description><pubDate>December 03,2010</pubDate></item><item><title><![CDATA[India's Natural-Rubber Shortage May Worsen Fivefold on Demand, Group Says [December 03,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/589/India's_Natural-Rubber_Shortage_May_Worsen_Fivefold_on_Demand_Group_Says.html]]></guid><description><![CDATA[A natural : rubber shortage in India, the world&rsquo;s biggest consumer after  China, may surge almost five times over the next decade as rising  incomes boost demand for tires, according to an industry group.The  deficit may increase to 840,000 met.....]]></description><pubDate>December 03,2010</pubDate></item><item><title><![CDATA[India�s Ban on Cotton Exports to Affect Recovery of Global Textile Sector [December 03,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/590/India�s_Ban_on_Cotton_Exports_to_Affect_Recovery_of_Global_Textile_Sector.html]]></guid><description><![CDATA[President of the Textile Committee of the National Society of Industries  (SNI), Peru &ndash; Enrique Falcone, revealed that some associations in the  textile sector across the globe are urging their respective governments  to convince the Indian Gov.....]]></description><pubDate>December 03,2010</pubDate></item><item><title><![CDATA[Rupee Gains 0.13% Against USD to 45.16 [December 03,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/591/Rupee_Gains_013%_Against_USD_to_4516.html]]></guid><description><![CDATA[Indian rupee edged higher against the greenback in morning trade. Rupee  was up 0.13% against USD to Rs 45.16 compared to previous close of  45.29. (09.30 a.m.)In the spot market, the Dollar Index  increased 0.007% to 80.28. It touched a high of 80.3.....]]></description><pubDate>December 03,2010</pubDate></item><item><title><![CDATA[Govt Takes up Basmati Rice Export Row with EU [December 03,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/592/Govt_Takes_up_Basmati_Rice_Export_Row_with_EU.html]]></guid><description><![CDATA[India has asked the EU to ensure that non-trade barriers are nor created  by private organizations in exports of Indian agricultural items to the  European markets. &ldquo;There were reports from exporters of Basmati rice  that the importers in the E.....]]></description><pubDate>December 03,2010</pubDate></item><item><title><![CDATA[Pepper Trades Up on Export Demand [December 03,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/593/Pepper_Trades_Up_on_Export_Demand.html]]></guid><description><![CDATA[Pepper futures ended with slight positive note and the market remained  directionless during the trading hours due to the lack of fresh triggers  in the counter. Spot prices declined and traded near 21300 per quintal.As  per industry sources, stocks .....]]></description><pubDate>December 03,2010</pubDate></item><item><title><![CDATA[India 2010 Gold Imports Likely Up 46% on Rural Demand [December 03,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/594/India_2010_Gold_Imports_Likely_Up_46%_on_Rural_Demand.html]]></guid><description><![CDATA[MUMBAI : India's gold imports this year are likely to reach 700 metric  tons, about 46% more than in 2009, as higher farm output and prices  encouraged farmers to invest in the yellow metal and boosted local  consumption, the president of the Bombay .....]]></description><pubDate>December 03,2010</pubDate></item><item><title><![CDATA[India Likely to Tax Vegoil Imports, Purchases to Drop [December 03,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/595/India_Likely_to_Tax_Vegoil_Imports_Purchases_to_Drop.html]]></guid><description><![CDATA[India looks set to tax imports of crude edible oil and raise a levy on  refined varieties early next year, conceding industry's demand for a lid  on surging imports to help refiners boost falling margins.The  steps will marginally cut purchases by th.....]]></description><pubDate>December 03,2010</pubDate></item><item><title><![CDATA[Cotton Has Biggest Weekly Gain in 39 Years [December 03,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/596/Cotton_Has_Biggest_Weekly_Gain_in_39_Years.html]]></guid><description><![CDATA[Cotton prices surged, capping the biggest weekly gain in 39 years, on  mounting concern that exports will be limited from India, the world&rsquo;s  second-largest grower.Cotton-yarn shipments will be capped at  720,000 metric tons in the year that st.....]]></description><pubDate>December 03,2010</pubDate></item><item><title><![CDATA[India's Forex Reserves Decline by USD 4 bn to USD 293.98 bn [December 03,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/597/India's_Forex_Reserves_Decline_by_USD_4_bn_to_USD_29398_bn.html]]></guid><description><![CDATA[The country's foreign exchange reserves fell by over USD 4 billion to  USD 293.98 billion on the back of a heavy fall in foreign currency. The  country's total forex kitty stood at USD 297.99 billion the week before  and this is the second consecutiv.....]]></description><pubDate>December 03,2010</pubDate></item><item><title><![CDATA[Hyderabad IT SEZs See Surge in Commercial Space Demand [December 03,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/598/Hyderabad_IT_SEZs_See_Surge_in_Commercial_Space_Demand.html]]></guid><description><![CDATA[Hyderabads IT Special Economic Zones (SEZs) are in for a realty  check.Unable to find takers for their exorbitantly priced commercial  spaces,these SEZs have now slashed the lease rates by a whopping 30 per  cent (approx) to attract customers.Heres a.....]]></description><pubDate>December 03,2010</pubDate></item><item><title><![CDATA[Duty Slapped on Polypropylene Import From Oman, Singapore [December 03,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/599/Duty_Slapped_on_Polypropylene_Import_From_Oman_Singapore.html]]></guid><description><![CDATA[India has imposed anti-dumping duty of up to USD 323.5 per tonne of  polypropylene, for making woven sacks used for carrying cement,  food-grains, sugar and fertiliser, from Oman, Singapore and Saudi Arabia  to protect the domestic industry from chea.....]]></description><pubDate>December 03,2010</pubDate></item><item><title><![CDATA[EU Bans Honey Imports from India Due to Presence of Heavy Metals: Scindia [December 02,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/582/EU_Bans_Honey_Imports_from_India_Due_to_Presence_of_Heavy_Metals_Scindia.html]]></guid><description><![CDATA[NEW DELHI: The government today informed Parliament  that the European Union has banned imports of honey from India on  account of presence of heavy metals in the consignments."The EU  has banned the export of honey from India on account of positive .....]]></description><pubDate>December 02,2010</pubDate></item><item><title><![CDATA[Exports up by 21.3% to $18 bn in Oct [December 02,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/583/Exports_up_by_213%_to_$18_bn_in_Oct.html]]></guid><description><![CDATA[NEW DELHI: India's merchandise exports rose by 21.3 per cent to $18  billion in October over the year- ago period, boosting hopes that the  country may be able to reach the $200 billion target fixed for the  current fiscal.Imports during the period g.....]]></description><pubDate>December 02,2010</pubDate></item><item><title><![CDATA[India Aims To Raise Aluminum Output To 5 Million Tons By 2015 [December 02,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/584/India_Aims_To_Raise_Aluminum_Output_To_5_Million_Tons_By_2015.html]]></guid><description><![CDATA[NEW DELHI : India aims to raise its aluminum  production by nearly four times to 5 million metric tons by 2015, in  line with an expected demand surge due to higher vehicle sales and a  boom in housing construction, Mines Minister B.K. Handique said .....]]></description><pubDate>December 02,2010</pubDate></item><item><title><![CDATA[Coffee Exports Rise 57 pc in Jan-Nov to 2.71 L tn [December 02,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/585/Coffee_Exports_Rise_57_pc_in_Jan-Nov_to_271_L_tn.html]]></guid><description><![CDATA[NEW DELHI: Coffee exports from India rose by over 57 per cent in the  first 11 months of the current year to 2.71 lakh tonnes buoyed by  increased production.The country had docked 1.72 lakh tonnes  coffee during the January-November period of the la.....]]></description><pubDate>December 02,2010</pubDate></item><item><title><![CDATA[India's Diamond Exports Increase 57% [December 02,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/586/India's_Diamond_Exports_Increase_57%.html]]></guid><description><![CDATA[India's exports of cut and polished diamonds rose 57.63% from April 2010  to October 2010, the country's Gems and Jewellery Export Promotion  Council (GJEPC) reports.&nbsp;According to GJEPC data, India exports  $14.8 billion in the six-month period,.....]]></description><pubDate>December 02,2010</pubDate></item><item><title><![CDATA[Indian API Exports to More Than Double by 2013-14 [December 02,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/587/Indian_API_Exports_to_More_Than_Double_by_2013-14.html]]></guid><description><![CDATA[The market-size for the Active Pharmaceutical Ingredients (APIs) is  expanding rapidly and India in all likelihood may double its exports  within a couple of years, opined Mr Prasad Mangipudi, Vice President,  API Global, Aurobindo Pharma at the ongo.....]]></description><pubDate>December 02,2010</pubDate></item><item><title><![CDATA[Soybean Meal Exports From India May Surge 68%, Group Predicts [November 30,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/572/Soybean_Meal_Exports_From_India_May_Surge_68%_Group_Predicts.html]]></guid><description><![CDATA[Soybean-meal exports from India, Asia&rsquo;s top supplier of the animal feed,  may climb 68 percent this month as Southeast Asian buyers substitute  imports from South America, where dry weather threatens planting.Sales  to Japan, South Korea, Vietn.....]]></description><pubDate>November 30,2010</pubDate></item><item><title><![CDATA[Rupee Down by 10 Paise Against Dollar in Early Trade [November 30,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/573/Rupee_Down_by_10_Paise_Against_Dollar_in_Early_Trade.html]]></guid><description><![CDATA[




The Indian Rupee weakened by 10 paise to almost  three-month low of Rs 46.03 against the US dollar in early trade at the  Interbank Foreign Exchange today, on continued demand for the American  currency from importers and some banks.Forex d.....]]></description><pubDate>November 30,2010</pubDate></item><item><title><![CDATA[Assistance to Kenya for Setting up of SEZs [November 30,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/574/Assistance_to_Kenya_for_Setting_up_of_SEZs.html]]></guid><description><![CDATA[During the 6th India Kenya Joint Trade Committee (JTC) meeting held at  Nairobi on 12th -13th October, 2010, the Kenyan Govt. sought Indian  assistance in the form of support for transformation of Kenyas EPZs  Program to SEZ programme.The  Kenyan Gov.....]]></description><pubDate>November 30,2010</pubDate></item><item><title><![CDATA[India's Coffee Export to Supersede Last Year's [November 30,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/575/India's_Coffee_Export_to_Supersede_Last_Year's.html]]></guid><description><![CDATA[India&rsquo;s coffee export in the 2010-11 crop year is expected to be more  than last years&rsquo; 2.7 lakh tonnes, although appreciation of rupee against  dollar poses a challenge, according to a US department of agriculture  (USDA) report.In its r.....]]></description><pubDate>November 30,2010</pubDate></item><item><title><![CDATA[India May Cut Rubber Import Duty as Demand for Tires Soars, Khullar Says [November 30,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/576/India_May_Cut_Rubber_Import_Duty_as_Demand_for_Tires_Soars_Khullar_Says.html]]></guid><description><![CDATA[India, the fourth-biggest producer of natural rubber, may allow imports  of as much as 100,000 metric tons at a lower duty to meet surging demand  for tires as rising incomes boost car sales, Trade Secretary Rahul  Khullar said.The finance ministry m.....]]></description><pubDate>November 30,2010</pubDate></item><item><title><![CDATA[EU Seeks Indian Waiver for Duty-Free Imports from Pakistan [November 30,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/577/EU_Seeks_Indian_Waiver_for_Duty-Free_Imports_from_Pakistan.html]]></guid><description><![CDATA[&nbsp;
NEW DELHI: The European Union has sought India&rsquo;s  support for its proposal to give Pakistan duty-free access to a number  of goods into the European market as part of its flood relief package , a  demand that has not gone down with the .....]]></description><pubDate>November 30,2010</pubDate></item><item><title><![CDATA[India Oct Oil Product Sales Snap 2-Month Fall [November 30,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/578/India_Oct_Oil_Product_Sales_Snap_2-Month_Fall.html]]></guid><description><![CDATA[India's domestic oil product sales in October snapped a two-month  declining trend to rise an annual 1%, with demand in the expanding  economy recovering as the monsoon season came to an end.Local  oil product sales, a proxy for domestic oil demand i.....]]></description><pubDate>November 30,2010</pubDate></item><item><title><![CDATA[India May Ship 2 Million Tons of Sugar, Saraogi Says [November 30,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/579/India_May_Ship_2_Million_Tons_of_Sugar_Saraogi_Says.html]]></guid><description><![CDATA[India, the world&rsquo;s second-biggest sugar producer after Brazil, may allow  1.5 million to 2 million metric tons of exports this year, said Vivek  Saraogi, president of the Indian Sugar Mills Association.The  country is forecast to produce 25.5 m.....]]></description><pubDate>November 30,2010</pubDate></item><item><title><![CDATA[Taiwanese Knitters to Increase Exports to India [November 30,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/580/Taiwanese_Knitters_to_Increase_Exports_to_India.html]]></guid><description><![CDATA[India : Taiwan, a major textile exporter of knitted textiles, known for  its innovative and functional fabrics, once again targeted the Indian  market last week with the 9th edition of the Taiwan Textile Fair 2010 in  India. The trade fair, which has.....]]></description><pubDate>November 30,2010</pubDate></item><item><title><![CDATA[Rupee Gains 20 Paise Against Dollar in Early Trade [November 30,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/581/Rupee_Gains_20_Paise_Against_Dollar_in_Early_Trade.html]]></guid><description><![CDATA[The Indian Rupee strengthened by 20 paise to Rs 45.68 a dollar at the  Interbank Foreign Exchange market in the morning trade today, tracking  gains in other Asian currencies.Dealers said firm opening by the  stock exchanges and the American Dollar&r.....]]></description><pubDate>November 30,2010</pubDate></item><item><title><![CDATA[ITA Sees Fall in Value-Added Tea Exports [November 29,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/565/ITA_Sees_Fall_in_Value-Added_Tea_Exports.html]]></guid><description><![CDATA[Share of value added tea in India's export basket is coming down despite increase in the unit price.Concerned  over decline in export of value added tea, Indian Tea Association (ITA)  has asked its members to concentrate more on value added tea expor.....]]></description><pubDate>November 29,2010</pubDate></item><item><title><![CDATA[Saudi Petrochemical Makers to Take India Polypropylene Duty Dispute to WTO [November 29,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/566/Saudi_Petrochemical_Makers_to_Take_India_Polypropylene_Duty_Dispute_to_WTO.html]]></guid><description><![CDATA[Saudi Basic Industries Corp., the world&rsquo;s biggest petrochemical maker,  plans to ask the World Trade Organization to pressure India to lift an  anti-dumping duty it imposed on Saudi polypropylene, an official said.India  last week levied a duty.....]]></description><pubDate>November 29,2010</pubDate></item><item><title><![CDATA[Rupee Gains 8 Paise Against Dollar in Early Trade [November 29,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/567/Rupee_Gains_8_Paise_Against_Dollar_in_Early_Trade.html]]></guid><description><![CDATA[The rupee strengthened by 8 paise to Rs 45.76 against the US dollar at  the Interbank Foreign Exchange market in the morning trade today,  tracking gains in other Asian currencies.Dealers said that Euro losses against the dollar and firm opening at I.....]]></description><pubDate>November 29,2010</pubDate></item><item><title><![CDATA[Seven IT Companies Given Land in IT SEZs in Hyderabad [November 29,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/568/Seven_IT_Companies_Given_Land_in_IT_SEZs_in_Hyderabad.html]]></guid><description><![CDATA[




The Andhra Pradesh Government has given permission to  seven IT companies, including four new players, to set up their  facilities in IT Special Economic Zones (SEZs) in and around Hyderabad.Rimage  Corporation, KAG Outsourcing Pvt Ltd, Fre.....]]></description><pubDate>November 29,2010</pubDate></item><item><title><![CDATA[Cashew Prices Rise On Low Global Production [November 29,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/569/Cashew_Prices_Rise_On_Low_Global_Production.html]]></guid><description><![CDATA[Cashew prices are moving up globally due to less inventory and lower production in some producing nations.The  market is expected to remain firm in the near to medium term due to low  supplies, traders said. Prices are likely to remain firm until the.....]]></description><pubDate>November 29,2010</pubDate></item><item><title><![CDATA[India Nov Gold Imports Seen up at 34 T on Festival Buys [November 29,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/570/India_Nov_Gold_Imports_Seen_up_at_34_T_on_Festival_Buys.html]]></guid><description><![CDATA[India's gold imports in November are seen rising to 34 tonnes, up more  than 10 percent on the year, on spending for festivals and investment,  but some sellers said record high prices have curbed appetite for the  metal."Looking at the way prices ha.....]]></description><pubDate>November 29,2010</pubDate></item><item><title><![CDATA[India Grape Exports Up, Residue Concerns Still [November 29,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/571/India_Grape_Exports_Up_Residue_Concerns_Still.html]]></guid><description><![CDATA[NEW DELHI India&rsquo;s grape exports have risen steadily in recent years  thanks to persistent increase in demand in European markets and it is  being increasingly sold in European supermarkets,&nbsp; according to  Jyotiraditya M Scindia, Minister o.....]]></description><pubDate>November 29,2010</pubDate></item><item><title><![CDATA[SGAT Seeks Curbs On Raw Chromite Exports [November 28,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/564/SGAT_Seeks_Curbs_On_Raw_Chromite_Exports.html]]></guid><description><![CDATA[The Society of Geoscientists and Allied Technologists (SGAT) has sought  curbs in the export of chromite in raw form. It has instead urged the  state government to encourage export of chrome ore produced through  beneficiation of ore containing less .....]]></description><pubDate>November 28,2010</pubDate></item><item><title><![CDATA[India May Delay Lifting Curbs on Sugar Exports Until January, Sucden Says [November 27,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/557/India_May_Delay_Lifting_Curbs_on_Sugar_Exports_Until_January_Sucden_Says.html]]></guid><description><![CDATA[India, the second-biggest sugar producer, is unlikely to permit free  exports until January as the government awaits a &ldquo;dependable estimate&rdquo;  of production, according to Sucden India Pvt.&ldquo;They won&rsquo;t have a  realistic estimate .....]]></description><pubDate>November 27,2010</pubDate></item><item><title><![CDATA[India Keen to Set Up Fertiliser Plants in Saudi Arabia [November 27,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/559/India_Keen_to_Set_Up_Fertiliser_Plants_in_Saudi_Arabia.html]]></guid><description><![CDATA[New Delhi, Nov 26 (IANS) India has shown interest in setting up joint  ventures for gas-based fertiliser plants in Saudi Arabia with a view to  boost bilateral trade and investment, Commerce and Industry Minister  Anand Sharma said Friday.'India is k.....]]></description><pubDate>November 27,2010</pubDate></item><item><title><![CDATA[India Court Issues Notice on Iron Ore Export Ban [November 27,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/560/India_Court_Issues_Notice_on_Iron_Ore_Export_Ban.html]]></guid><description><![CDATA[NEW DELHI : India's top court issued notices to the Karnataka state  government on Friday asking why it must not admit an appeal by mining  firm MSPL Ltd that challenged a ban on iron ore exports from the state.The  Supreme Court will next hear argum.....]]></description><pubDate>November 27,2010</pubDate></item><item><title><![CDATA[India May Lift Cotton-Export Limit on Record Crop [November 27,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/561/India_May_Lift_Cotton-Export_Limit_on_Record_Crop.html]]></guid><description><![CDATA[Nov. : India, the second-biggest cotton producer and exporter, may boost  its limit on shipments to foreign buyers as domestic output jumps 21  percent to the highest ever, an association of growers and traders said.&ldquo;Everything  points to the g.....]]></description><pubDate>November 27,2010</pubDate></item><item><title><![CDATA[India's Forex Reserves Drop by $330 Million to $298 Billion [November 27,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/562/India's_Forex_Reserves_Drop_by_$330_Million_to_$298_Billion.html]]></guid><description><![CDATA[India's foreign exchange reserves dropped by $330 million to $297.99  billion for the week ended November 19 on the back of a fall in foreign  currency.The country's total forex kitty had stood at $298.31 billion the week before.Foreign  currency ass.....]]></description><pubDate>November 27,2010</pubDate></item><item><title><![CDATA[After SEZ, Now here's Another Zone- NMZ [November 27,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/563/After_SEZ_Now_here's_Another_Zone-_NMZ.html]]></guid><description><![CDATA[NEW DELHI: Amid the controversy over land acquisition for Special  Economic Zones, the Centre has mooted yet another politically  unpalatable proposal: Setting up of National Manufacturing Zones . The  commerce ministry has circulated a draft proposa.....]]></description><pubDate>November 27,2010</pubDate></item><item><title><![CDATA[New Markets Help Recovery of Indian Exports [November 24,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/551/New_Markets_Help_Recovery_of_Indian_Exports.html]]></guid><description><![CDATA[NEW DELHI: The thrust towards non-traditional markets  such as Latin America and Africa appears to have helped India&rsquo;s exports  bounce back smartly from the severe contraction due to the demand slump  triggered by the financial crisis.India&rsq.....]]></description><pubDate>November 24,2010</pubDate></item><item><title><![CDATA[India's Oct Iron Ore Exports Drop 30.4% y/y [November 24,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/552/India's_Oct_Iron_Ore_Exports_Drop_304%_y/y.html]]></guid><description><![CDATA[NEW DELHI: India's iron ore exports in October fell 30.4 percent from a  year earlier to 6.4 million tonnes, data from a trade body showed on  Wednesday, reflecting the impact of an export ban from a key state.Most  of the sales from the world's thir.....]]></description><pubDate>November 24,2010</pubDate></item><item><title><![CDATA[India�s Coffee Export to Surpass Last Year�s level: USDA [November 24,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/553/India�s_Coffee_Export_to_Surpass_Last_Year�s_level_USDA.html]]></guid><description><![CDATA[New Delhi: India&rsquo;s coffee export in the 2010-11 crop year is expected to  be more than last years&rsquo; 2.7 lakh tonnes, although appreciation of  rupee against dollar poses a challenge, according to a report by US  department of agriculture (.....]]></description><pubDate>November 24,2010</pubDate></item><item><title><![CDATA[FDI Declines 26% in Jan-Sept [November 24,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/554/FDI_Declines_26%_in_Jan-Sept.html]]></guid><description><![CDATA[Foreign direct investment (FDI) inflows were down 26%  and stood at US$15.97bn in the January-September period.According  to commerce ministry data released yesterday India had attracted FDI to  the tune of US$21.44bn, in January-September 2009.The c.....]]></description><pubDate>November 24,2010</pubDate></item><item><title><![CDATA[Rupee Recovers From 2-mth Low on Export Sales [November 24,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/555/Rupee_Recovers_From_2-mth_Low_on_Export_Sales.html]]></guid><description><![CDATA[MUMBAI: The rupee slipped to a fresh two-month low on Wednesday amid an  equity market sell-off in late trade on reports of a federal probe into  loans issued by financial institutions, while broad dollar gains also  weighed.India's federal investiga.....]]></description><pubDate>November 24,2010</pubDate></item><item><title><![CDATA[M'rashtra Govt to Press on with Controversial SEZ Bill [November 24,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/556/M'rashtra_Govt_to_Press_on_with_Controversial_SEZ_Bill.html]]></guid><description><![CDATA[Undeterred by strong objections from opposition parties and several  non-government groups, the Maharashtra government is to proceed with the  Maharashtra Special Economic Zones and Designated Areas Bill in the  legislature during the winter session .....]]></description><pubDate>November 24,2010</pubDate></item><item><title><![CDATA[China Ore Imports from India Continue Decline in Oct [November 23,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/540/China_Ore_Imports_from_India_Continue_Decline_in_Oct.html]]></guid><description><![CDATA[BEIJING - The continuing decline in iron ore imports from India has  forced China to source the key steelmaking component from further  afield, according to data released by customs on Monday.October  imports from India stood at 2.91 million tonnes, .....]]></description><pubDate>November 23,2010</pubDate></item><item><title><![CDATA[India's Edible Oil Imports may Grow 6-7 pct/yr [November 23,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/541/India's_Edible_Oil_Imports_may_Grow_6-7_pct/yr.html]]></guid><description><![CDATA[NEW DELHI: India's edible oil imports could grow 6-7 per cent per year  to 12 million tonnes by 2015 amid rising demand and stagnant oilseed  output, Pranav Adani, managing director of Adani Wilmar said."The  level of import can go up to 12 million t.....]]></description><pubDate>November 23,2010</pubDate></item><item><title><![CDATA[Rupee Ends Lower by 11 Paise Against Dollar [November 23,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/542/Rupee_Ends_Lower_by_11_Paise_Against_Dollar.html]]></guid><description><![CDATA[MUMBAI: After paring all its early gains, the rupee&nbsp; today ended lower  by 11 paise to close at 45.40/41 against the dollar, with demand for the  US currency picking up in fag-end trading.Dealers in foreign  exchange said the rupee gained streng.....]]></description><pubDate>November 23,2010</pubDate></item><item><title><![CDATA[No Time Frame Set for Decision on Retail FDI [November 23,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/543/No_Time_Frame_Set_for_Decision_on_Retail_FDI.html]]></guid><description><![CDATA[&nbsp;
The government on Monday said that it has not fixed  any time limit for taking a decision on foreign direct investment (FDI)  in multi-brand retail, an assertion which can upset the global majors  like Walmart and Carrefour."No time frame has.....]]></description><pubDate>November 23,2010</pubDate></item><item><title><![CDATA[Restricted Indian Import Depriving Pakistan Cost Advantage: Envoy [November 23,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/544/Restricted_Indian_Import_Depriving_Pakistan_Cost_Advantage_Envoy.html]]></guid><description><![CDATA[Pakistan's economy is losing out on cost and freight advantage for goods  and machinery due to its "highly restricted" import list from India,  Indian high commissioner Sharat Sabharwal said today.India has  fulfilled its commitment under the South A.....]]></description><pubDate>November 23,2010</pubDate></item><item><title><![CDATA[China Should Increase Imports from India: FIEO [November 23,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/545/China_Should_Increase_Imports_from_India_FIEO.html]]></guid><description><![CDATA[Singapore, (PTI) Indian exporters today called for China to step up  imports from its neighbour, as well as reduce high tariffs on specific  products, to bridge the widening trade gap between the two Asian giants.India''s  trade deficit with China is.....]]></description><pubDate>November 23,2010</pubDate></item><item><title><![CDATA[India's Oct. Polished Exports +38% [November 23,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/546/India's_Oct_Polished_Exports_+38%.html]]></guid><description><![CDATA[India&rsquo;s polished diamond exports rose 38 percent year on year to $2.07  billion in October 2010, the Gem &amp; Jewellery Export Promotion  Council reported. By volume the exports increased 29 percent to 5.118  million carats as the average pric.....]]></description><pubDate>November 23,2010</pubDate></item><item><title><![CDATA[Imports from India Lower Onion, Tomato Prices in Lahore [November 23,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/547/Imports_from_India_Lower_Onion_Tomato_Prices_in_Lahore.html]]></guid><description><![CDATA[Prices of onions and tomatoes got slightly lowered in Lahore ahead of  the festival of Eid, following the arrival of Indian vegetables in the  domestic market.Rates of onions in the city a day before Eid  were 60 to 80 rupees per kilogram, which had .....]]></description><pubDate>November 23,2010</pubDate></item><item><title><![CDATA[India's April-October Spices Exports Up 6 Percent In Volume [November 23,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/548/India's_April-October_Spices_Exports_Up_6_Percent_In_Volume.html]]></guid><description><![CDATA[As per the latest updates from the spices board of India, during  April-October 2010, a total of 317,800 tonnes of spices and spice  products valued&nbsp; Rs. 3685.25 crores (US$805.10 Million) has been  exported from the country as against 299,250 t.....]]></description><pubDate>November 23,2010</pubDate></item><item><title><![CDATA[India�s G&J Exports Rise 37.82% in October [November 23,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/549/India�s_G&J_Exports_Rise_3782%_in_October.html]]></guid><description><![CDATA[India&rsquo;s gem and jewellery exports in October 2010  valued US$ 2,922.58 million, after rising 37.82 percent from last year&rsquo;s  October figures of US$ 2,120.64 million. Within the export basket, cut  and polished diamond exports valued US$ 2.....]]></description><pubDate>November 23,2010</pubDate></item><item><title><![CDATA[Rupee Loses 17 Paise Against Dollar [November 23,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/550/Rupee_Loses_17_Paise_Against_Dollar.html]]></guid><description><![CDATA[The rupee today lost 17 paise to close at eight-week low of 45.57/58  against the dollar on continuing strong demand for the American currency  from importers, amid a sharp fall in stock markets.At the  Interbank Foreign Exchange (Forex) market, the .....]]></description><pubDate>November 23,2010</pubDate></item><item><title><![CDATA[India to Import More Edible Oil at Higher Price in �10-11 [November 21,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/534/India_to_Import_More_Edible_Oil_at_Higher_Price_in_�10-11.html]]></guid><description><![CDATA[India&rsquo;s domestic edible oil industry is slowly moving towards a phase of  growing import dependency amid stagnant domestic oilseed production and  rising consumption. In a interview with FE&rsquo;s Sanjeeb Mukherjee, Pranav  Adani, managing dir.....]]></description><pubDate>November 21,2010</pubDate></item><item><title><![CDATA[Iron Ore-Offers Tick up After India State Keeps Export Ban [November 21,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/535/Iron_Ore-Offers_Tick_up_After_India_State_Keeps_Export_Ban.html]]></guid><description><![CDATA[SINGAPORE Nov 22 (Reuters) - Offers to sell iron ore edged up on Monday  on supply concerns after a major Indian state kept a ban on exports of  the steelmaking raw material.The Karnataka High Court on Friday  upheld an order banning shipments of iro.....]]></description><pubDate>November 21,2010</pubDate></item><item><title><![CDATA[Rupee Gains 6 Paise Against Dollar in Early Trade [November 21,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/536/Rupee_Gains_6_Paise_Against_Dollar_in_Early_Trade.html]]></guid><description><![CDATA[MUMBAI: The Indian Rupee&nbsp; regained strength to trade 6 paise higher at  Rs 45.23 against the US dollar at the Interbank Foreign Exchange market  in the morning trade today, tracking gains in other Asian currencies.Dealer  said firm opening of th.....]]></description><pubDate>November 21,2010</pubDate></item><item><title><![CDATA[UoP to Host National Meet on Changes in FDI Policy [November 21,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/537/UoP_to_Host_National_Meet_on_Changes_in_FDI_Policy.html]]></guid><description><![CDATA[PUNE: The new regulations for foreign direct investment&nbsp; (FDI) in  different sectors of the Indian economy, which are sought to be  introduced by the Union government, will be up for a critical review at a  two-day meet being organised by the Un.....]]></description><pubDate>November 21,2010</pubDate></item><item><title><![CDATA[Raheja, Vedanta Requests for SEZ Rule Relaxation Put on Hold [November 21,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/538/Raheja_Vedanta_Requests_for_SEZ_Rule_Relaxation_Put_on_Hold.html]]></guid><description><![CDATA[NEW DELHI: The commerce ministry has put on hold a decision on requests  from Vedanta Group and Raheja Developers for relaxation of SEZ rules relating to land contiguity.Sources  said a decision has been put on hold after representatives of the  Reve.....]]></description><pubDate>November 21,2010</pubDate></item><item><title><![CDATA[Govt Proposes Exemption of Duty on Crude Imports [November 21,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/539/Govt_Proposes_Exemption_of_Duty_on_Crude_Imports.html]]></guid><description><![CDATA[THE finance ministry has proposed to exempt crude imports made under  adva nce authorisation scheme from levy of national calami ty  contingency duty (NCC D). At present the levy is being charged as  surcharge over and above the customs duty and work.....]]></description><pubDate>November 21,2010</pubDate></item><item><title><![CDATA[Ban on Export of Iron Ore Upheld [November 20,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/529/Ban_on_Export_of_Iron_Ore_Upheld.html]]></guid><description><![CDATA[BANGALORE: The Karnataka High Court on Friday upheld the State Government's ban on transport and export of iron ore.A  Division Bench comprising Chief Justice J.S. Khehar and Justice S.  Abdul Nazir passed orders upholding the Government Orders of Ju.....]]></description><pubDate>November 20,2010</pubDate></item><item><title><![CDATA[Textile Units Halt Work, Seek Ban on Yarn Exports [November 20,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/528/Textile_Units_Halt_Work_Seek_Ban_on_Yarn_Exports.html]]></guid><description><![CDATA[COIMBATORE: Textile production on Friday came to a halt in several parts  of this region, covering Coimbatore, Erode, Tirupur, Namakkal and Salem  districts, as garment and weaving units went on a one-day strike,  seeking ban on cotton yarn exports.I.....]]></description><pubDate>November 20,2010</pubDate></item><item><title><![CDATA[PTI PEC Invites Bids for Import of 1,500 Tonnes of Soyabean Oil [November 20,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/530/PTI_PEC_Invites_Bids_for_Import_of_1500_Tonnes_of_Soyabean_Oil.html]]></guid><description><![CDATA[New Delhi, (PTI) State-run trading firm PEC has invited bids for  importing 1,500 tonnes of soyabean oil from Argentina. The trading firm  is seeking delivery of the soyabean oil at the Kandla Port immediately, a  notice posted on PEC''s website said.....]]></description><pubDate>November 20,2010</pubDate></item><item><title><![CDATA[Forex Reserves Drop by $1.9 bn to $298.3 Billion [November 20,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/531/Forex_Reserves_Drop_by_$19_bn_to_$2983_Billion.html]]></guid><description><![CDATA[The country's forex reserves fell by $1.9 billion to $298.3 billion in  the week ended November 12, RBI said in its weekly statistical  supplement released on Friday. While foreign currency assets fell by  $1.8 billion to $269.5 billion, gold reserve.....]]></description><pubDate>November 20,2010</pubDate></item><item><title><![CDATA[Panel to Decide on Raising FDI Retail Cap in 2 mths [November 20,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/532/Panel_to_Decide_on_Raising_FDI_Retail_Cap_in_2_mths.html]]></guid><description><![CDATA[NEW DELHI: A government panel will decide on raising the cap on foreign  direct investments in multi-brand retail sector in two months, junior  trade minister Jyotiraditya Sc India said on Friday.India does  not allow FDI in multi-brand retail as it .....]]></description><pubDate>November 20,2010</pubDate></item><item><title><![CDATA[Wool Exporters Seek Restoration of Old Duty Drawback Rates [November 20,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/533/Wool_Exporters_Seek_Restoration_of_Old_Duty_Drawback_Rates.html]]></guid><description><![CDATA[Chandigarh: The Wool and Woollens Export Promotion Council (WWEPC) has  urged the textiles ministry to restore the old rates of duty drawback on  wool products to reduce exporters' losses due to forex rate  fluctuation, reports PTI.With exporters unl.....]]></description><pubDate>November 20,2010</pubDate></item><item><title><![CDATA[Garments Industry Strike Today [November 19,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/520/Garments_Industry_Strike_Today.html]]></guid><description><![CDATA[MUMBAI: One of India's leading export baskets, the garment industry , is  going on a nation-wide strike on Friday. Manufacturers and exporters of  textile and apparel products, who bring in earnings of more than Rs  50,000 crore annually through thei.....]]></description><pubDate>November 19,2010</pubDate></item><item><title><![CDATA[Indian Apparel Sector can Ride Out a Second Dip � Expert [November 19,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/521/Indian_Apparel_Sector_can_Ride_Out_a_Second_Dip_�_Expert.html]]></guid><description><![CDATA[Mr Robin Anson, Managing Editor of the UKbased Textiles Intelligence was  in Ahmedabad recently for the International Conference on Denims. Mr  Anson delivered the keynote address at the conference and presented a  paper on &ldquo;Denim and Jeans: A .....]]></description><pubDate>November 19,2010</pubDate></item><item><title><![CDATA[India to Oppose EU for Granting Duty-Free Access to Pak Textiles [November 19,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/522/India_to_Oppose_EU_for_Granting_Duty-Free_Access_to_Pak_Textiles.html]]></guid><description><![CDATA[As European Union has granted a duty-free access to Pakistan&rsquo;s textile  products with an intention to help the country recover from the effects  of massive floods, India is likely to stand against this decision for  the reason that, it may make.....]]></description><pubDate>November 19,2010</pubDate></item><item><title><![CDATA[Rupee Weakens as Shares Weaken, Dollar Stable [November 19,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/523/Rupee_Weakens_as_Shares_Weaken_Dollar_Stable.html]]></guid><description><![CDATA[MUMBAI: The Indian rupee fell early on Friday tracking weakness in the  local stock markets, and a stable dollar. However, the Indian unit may  be supported by exporters' dollar sales, dealers said.At 9:17  a.m., the partially convertible rupee was a.....]]></description><pubDate>November 19,2010</pubDate></item><item><title><![CDATA[Govt Gives Extra Time to 18 SEZ Developers to Execute Projects [November 19,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/524/Govt_Gives_Extra_Time_to_18_SEZ_Developers_to_Execute_Projects.html]]></guid><description><![CDATA[The Board of Approval (BoA), an inter-ministerial body that deals with  SEZs and related issues, also allowed six developers to surrender their  tax free enclaves. Ajanta Projects (India) Ltd, which had requested to  surrender its two SEZs cited glob.....]]></description><pubDate>November 19,2010</pubDate></item><item><title><![CDATA[Excise Duty From Vehicles up 63.78% to Rs 3,958.34 cr in FY'10 [November 19,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/525/Excise_Duty_From_Vehicles_up_6378%_to_Rs_395834_cr_in_FY'10.html]]></guid><description><![CDATA[The government today said excise duty collection on vehicles surged by  63.78 per cent in 2009-10 to Rs 3,958.34 crore from the previous fiscal.In  a written reply to the Lok Sabha, State Minister for Heavy Industries  and Public Enterprises Arun Yad.....]]></description><pubDate>November 19,2010</pubDate></item><item><title><![CDATA[Govt Plans to Double Goods Exports to $400 bn in 3 years [November 17,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/507/Govt_Plans_to_Double_Goods_Exports_to_$400_bn_in_3_years.html]]></guid><description><![CDATA[New Delhi: Government is working on an ambitious plan to double India&rsquo;s  merchandise exports to $400 billion in the next three years, commerce  secretary Rahul Khullar said on Tuesday.&ldquo;That exercise has  started off. Hopefully in two mont.....]]></description><pubDate>November 17,2010</pubDate></item><item><title><![CDATA[4K cr Loss to Guj Farmers Due to Raw Cotton Export Ban: Govt [November 17,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/508/4K_cr_Loss_to_Guj_Farmers_Due_to_Raw_Cotton_Export_Ban_Govt.html]]></guid><description><![CDATA[GANDHINAGAR: Gujarat government has calculated that the state's farmers  suffered losses to the tune of Rs 4,000 crore last year as a result of  export restrictions imposed by the Government of India on raw cotton.  "Thanks to the restrictions, Gujar.....]]></description><pubDate>November 17,2010</pubDate></item><item><title><![CDATA[Forex Inflows Seen Jumping 70 per cent to $91.3 bn this Fiscal: CMIE [November 17,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/509/Forex_Inflows_Seen_Jumping_70_per_cent_to_$913_bn_this_Fiscal_CMIE.html]]></guid><description><![CDATA[MUMBAI: Leading macroeconomic research agency Centre for Monitoring  Indian Economy (CMIE) has forecast capital flows topping $91 billion by  the end of the fiscal, a staggering 70 per cent over $53.6 billion that  the country received last fiscal."W.....]]></description><pubDate>November 17,2010</pubDate></item><item><title><![CDATA[Improve FDI, Infrastructure to Boost Engineering Exports: EEPC [November 17,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/510/Improve_FDI_Infrastructure_to_Boost_Engineering_Exports_EEPC.html]]></guid><description><![CDATA[New Delhi, (PTI) The government should take steps like increasing  foreign direct investment and improving infrastructure in the  engineering sector to push up the segment''s exports vis-a-vis China."When  we compare to economic population with China.....]]></description><pubDate>November 17,2010</pubDate></item><item><title><![CDATA[IT Firms Get Nod to Operate in SEZ [November 17,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/511/IT_Firms_Get_Nod_to_Operate_in_SEZ.html]]></guid><description><![CDATA[India has allowed two information technology (IT) firms to operate their  units in special economic zones (SEZs) in Bangalore after revoking  their licences to do so last month.The commerce ministry had on  18 October cancelled operating licences of .....]]></description><pubDate>November 17,2010</pubDate></item><item><title><![CDATA[Lower Import Growth Suggest Slowdown is Setting in? [November 17,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/512/Lower_Import_Growth_Suggest_Slowdown_is_Setting_in?.html]]></guid><description><![CDATA[NEW DELHI: India&rsquo;s import growth plummeted to 6.8% in October from a  year ago, lowest in seven years, reinforcing the perception that India&rsquo;s  domestic economy was slowing down, but exports continued to grow at a  fast rate, indicating a.....]]></description><pubDate>November 17,2010</pubDate></item><item><title><![CDATA[India has Tremendous Potential to Increase Poultry Export [November 17,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/513/India_has_Tremendous_Potential_to_Increase_Poultry_Export.html]]></guid><description><![CDATA[India has tremendous potential to increase its export of poultry meat  provided it overcomes the constraint of limited processing plants,  according to Poultry Federation of India (PFI)."Potential to  export poultry meat from India is tremendous. All.....]]></description><pubDate>November 17,2010</pubDate></item><item><title><![CDATA[India Catches Gold Fever, Imports Set for Big Leap [November 17,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/514/India_Catches_Gold_Fever_Imports_Set_for_Big_Leap.html]]></guid><description><![CDATA[MUMBAI: India's gold imports, which had already exceeded 2009 levels, is  likely to cross the 750-tonne mark this year due to increasing consumer  demand for jewellery despite soaring prices, the World Gold Council  (WGC) has said."Going by the trend.....]]></description><pubDate>November 17,2010</pubDate></item><item><title><![CDATA[Imports From India Lower Onion, Tomato Prices in Lahore [November 17,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/515/Imports_From_India_Lower_Onion_Tomato_Prices_in_Lahore.html]]></guid><description><![CDATA[Prices of onions and tomatoes got slightly lowered in Lahore ahead of  the festival of Eid, following the arrival of Indian vegetables in the  domestic market.Rates of onions in the city a day before Eid  were 60 to 80 rupees per kilogram, which had .....]]></description><pubDate>November 17,2010</pubDate></item><item><title><![CDATA[India Revives 45-Year-Old Strategy China Adopted to Lift Exports [November 17,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/516/India_Revives_45-Year-Old_Strategy_China_Adopted_to_Lift_Exports.html]]></guid><description><![CDATA[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 heart of India&rsqu.....]]></description><pubDate>November 17,2010</pubDate></item><item><title><![CDATA[ SIMA Slams Call for Ban on Yarn Exports [November 17,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/517/_SIMA_Slams_Call_for_Ban_on_Yarn_Exports.html]]></guid><description><![CDATA[Southern India Mills Association (SIMA) termed as &lsquo;totally misleading  and baseless&rsquo; the call for a one day strike by knitwear, garment and  powerloom manufacturers associations on November 19,demanding a ban on  cotton yarn exports due t.....]]></description><pubDate>November 17,2010</pubDate></item><item><title><![CDATA[India�s Dollar Treasury Holding Rises to a Record $41 bn [November 17,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/518/India�s_Dollar_Treasury_Holding_Rises_to_a_Record_$41_bn.html]]></guid><description><![CDATA[India's holdings of US Treasuries rose to a record $41 billion in  September this year, despite the Reserve Bank of India's (RBI)  negligible intervention in the foreign exchange markets.Data  released by the US Treasury Department showed that India'.....]]></description><pubDate>November 17,2010</pubDate></item><item><title><![CDATA[FDI in Multi-Brand Retail Could Start with 26% cap [November 17,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/519/FDI_in_Multi-Brand_Retail_Could_Start_with_26%_cap.html]]></guid><description><![CDATA[New Delhi: Foreign direct investment (FDI) in multi-brand retailing is  set to become a reality, with a 26% cap. Political consensus in this  regard has been hammered out at the higher levels of the UPA  establishment, people with direct knowledge of.....]]></description><pubDate>November 17,2010</pubDate></item><item><title><![CDATA[White Sugar Drops Most in a Year on Exports from Europe [November 13,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/501/White_Sugar_Drops_Most_in_a_Year_on_Exports_from_Europe.html]]></guid><description><![CDATA[LONDON: Sugar extended declines in New York on Friday and fell the most  in a year in London after the European Union announced plans to expand  exports and India forecast a surplus.The EU will allow an extra  3,50,000 tonne sugar exports in the 12 m.....]]></description><pubDate>November 13,2010</pubDate></item><item><title><![CDATA[Indian and Chinese Markets Entice British Exporters [November 13,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/502/Indian_and_Chinese_Markets_Entice_British_Exporters.html]]></guid><description><![CDATA[British companies are seeking to boost growth further afield than the  sluggish home market, China and India being their main targets. As  premier David Cameron leads the largest ever trade mission to China this  week, accountants Ernst &amp; Young h.....]]></description><pubDate>November 13,2010</pubDate></item><item><title><![CDATA[India, Canada set to Launch Free-Trade Negotiations News [November 13,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/503/India_Canada_set_to_Launch_Free-Trade_Negotiations_News.html]]></guid><description><![CDATA[India and Canada today announced plans to formally launch negotiations  on a free trade agreement and take their bilateral ties to new level.  The decision was taken at a meeting of prime minister Manmohan Singh and  his Canadian counterpart Stephen .....]]></description><pubDate>November 13,2010</pubDate></item><item><title><![CDATA[Forex Reserves Rise Over $2 b to Touch $300-b Mark [November 13,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/504/Forex_Reserves_Rise_Over_$2_b_to_Touch_$300-b_Mark.html]]></guid><description><![CDATA[MUMBAI: India&rsquo;s foreign exchange reserves once again crossed the  $300-billion mark on November 5, as the central bank started mopping up  capital inflows. This is the first time since the global financial  crisis deepened in September 2008 tha.....]]></description><pubDate>November 13,2010</pubDate></item><item><title><![CDATA[India Needs To Review FDI Policy : Assocham [November 13,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/505/India_Needs_To_Review_FDI_Policy__Assocham.html]]></guid><description><![CDATA[Industry body Assocham said that as India was in the last position in  attracting foreign direct investment (FDI) among BRIC nations, it should  review its policy to attract maximum inflows, report media.Among  the BRIC nations consisting of four fas.....]]></description><pubDate>November 13,2010</pubDate></item><item><title><![CDATA[Rubber Prices May Force Production Cuts in India [November 13,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/506/Rubber_Prices_May_Force_Production_Cuts_in_India.html]]></guid><description><![CDATA[Natural rubber prices have been the bane of tyre makers in India of  late, and on November 12 the New Delhi based Financial Express reported  that major tyre manufacturers in India are considering production costs  to minimise on losses arising from .....]]></description><pubDate>November 13,2010</pubDate></item><item><title><![CDATA[Govt Likely to Free Sugar Exports Soon: Industry [November 11,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/489/Govt_Likely_to_Free_Sugar_Exports_Soon_Industry.html]]></guid><description><![CDATA[NEW DELHI: The government is likely to free up sugar  exports soon and also permit 2 million tonnes under Open General Licence  , the president of Indian Sugar Mills Association said on Wednesday.Under the OGL, the world's top producer after Brazil a.....]]></description><pubDate>November 11,2010</pubDate></item><item><title><![CDATA[India Sees Red as EU Allows Duty-Free Access to Pak Textiles [November 11,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/490/India_Sees_Red_as_EU_Allows_Duty-Free_Access_to_Pak_Textiles.html]]></guid><description><![CDATA[NEW DELHI: India will oppose preferential access given to Pakistan&rsquo;s  textile industry by the European Union as a relief measure against the  devastating floods, a move that could render India&rsquo;s exports to the  region uncompetitive.The th.....]]></description><pubDate>November 11,2010</pubDate></item><item><title><![CDATA[Rupee Ends Flat at 44.30/31 vs Dollar [November 11,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/491/Rupee_Ends_Flat_at_4430/31_vs_Dollar.html]]></guid><description><![CDATA[Mumbai: The rupee today ended flat at 44.30/31 against the US currency  on alternate bouts of buying and selling amid a stable dollar overseas.At  the Interbank Foreign Exchange (Forex) market, the domestic unit opened  lower at 44.41/42 a dollar fro.....]]></description><pubDate>November 11,2010</pubDate></item><item><title><![CDATA[Commodity Prices Rise on Low Global Crop Estimates [November 11,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/492/Commodity_Prices_Rise_on_Low_Global_Crop_Estimates.html]]></guid><description><![CDATA[The prices of agricultural commodities that are an important part of  India's exports and imports have been rising for some months after  estimates of lower output and dwindling stocks worldwide.While  cotton prices have surged on export demand, foll.....]]></description><pubDate>November 11,2010</pubDate></item><item><title><![CDATA[Assocham to Govt: Revamp Policy for Maximum FDI Inflows [November 11,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/493/Assocham_to_Govt_Revamp_Policy_for_Maximum_FDI_Inflows.html]]></guid><description><![CDATA[NEW DELHI: With India at the last position in attracting FDI among the  BRIC nations, industry body Assocham today said the country should  revamp its policy to attract "maximum" foreign direct investment.Even  as developing countries have collective.....]]></description><pubDate>November 11,2010</pubDate></item><item><title><![CDATA[Pak to Import Vegetables From India Duty-Free [November 11,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/494/Pak_to_Import_Vegetables_From_India_Duty-Free.html]]></guid><description><![CDATA[CHANDIGARH: The Pakistan government has allowed duty-free import of 15  varieties of fresh vegetables from India through the Attari check post  at Amritsar . The move comes after Pakistani importers and trade  associations pushed their government to .....]]></description><pubDate>November 11,2010</pubDate></item><item><title><![CDATA[Rubber Imports by India to Rise on Shortage, Tiremakers Say [November 11,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/495/Rubber_Imports_by_India_to_Rise_on_Shortage_Tiremakers_Say.html]]></guid><description><![CDATA[Nov. 12 : Natural-rubber imports by India, the fourth-biggest producer,  may climb at least 18 percent this year as excess rain lowers output and  tire demand increases in Asia&rsquo;s second-fastest growing market for cars.Purchases  in the year to .....]]></description><pubDate>November 11,2010</pubDate></item><item><title><![CDATA[Gold Demand in India Likely to Recover to Pre-Crisis Level: WGC [November 11,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/496/Gold_Demand_in_India_Likely_to_Recover_to_Pre-Crisis_Level_WGC.html]]></guid><description><![CDATA[Gold demand in India is likely to robust and reach near the pre-credit  crunch level triggered by global economic crisis in 2009 and will give  boost to the imports, a World Gold Council report today said."India  is the largest gold market in the wor.....]]></description><pubDate>November 11,2010</pubDate></item><item><title><![CDATA[India to Bolster Manufacturing, Exports [November 11,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/497/India_to_Bolster_Manufacturing_Exports.html]]></guid><description><![CDATA[Jaipur, The National Manufacturing Policy, aimed at increasing the  sector's contribution to India's total economic output, is likely to be  announced by the year end, Union Minister of Commerce and Industry Anand  Sharma said Thursday.'Manufacturing.....]]></description><pubDate>November 11,2010</pubDate></item><item><title><![CDATA[Centre Likely To Decide on Cotton Exports Next Week [November 11,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/498/Centre_Likely_To_Decide_on_Cotton_Exports_Next_Week.html]]></guid><description><![CDATA[Industry, textile ministry for freeze, as global prices rise.A meeting next week in New Delhi to review the cotton scenario is being anxiously awaited by the trade and the textile industry.The  Union government has already allowed export of 5.5 milli.....]]></description><pubDate>November 11,2010</pubDate></item><item><title><![CDATA[Rupee Remains Stable at 44.31/32 vs Dollar [November 11,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/499/Rupee_Remains_Stable_at_4431/32_vs_Dollar.html]]></guid><description><![CDATA[MUMBAI: In a lacklustre trading, the rupee today ended flat for the  second straight day at 44.31/32 against the US currency despite firm  dollar overseas and steep fall in local equities.At the  Interbank Foreign Exchange (Forex) market, the domesti.....]]></description><pubDate>November 11,2010</pubDate></item><item><title><![CDATA[India�s FDI Rules Complex, Harmful: US Secy Garry Locke [November 11,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/500/India�s_FDI_Rules_Complex_Harmful_US_Secy_Garry_Locke.html]]></guid><description><![CDATA[US commerce secretary Garry Locke has criticised India&rsquo;s complicated  foreign direct investment (FDI) rules and non-tariff trade restrictions,  saying they are detrimental to the country&rsquo;s long-term economic  interests. &ldquo;Even as tar.....]]></description><pubDate>November 11,2010</pubDate></item><item><title><![CDATA[Decline in Guatemalan Production Signals Fall in India�s Cardamom Import [November 10,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/483/Decline_in_Guatemalan_Production_Signals_Fall_in_India�s_Cardamom_Import.html]]></guid><description><![CDATA[India&rsquo;s imports of cardamom in the last couple of years has declined from around 25,000 tonnes to less than 20,000 tonnes.&ldquo;There  has been a sharp decline in the import of cardamom in India from  Guatemala, with the figures going to as lo.....]]></description><pubDate>November 10,2010</pubDate></item><item><title><![CDATA[Sugar Exports by India to Top Predictions on Bumper Harvest, Survey Shows [November 10,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/484/Sugar_Exports_by_India_to_Top_Predictions_on_Bumper_Harvest_Survey_Shows.html]]></guid><description><![CDATA[Sugar shipments from India, the world&rsquo;s biggest consumer, may beat  predictions as production exceeds usage for the first time in three  years, a survey shows.Exports may be 3 million metric tons in  the year from Oct. 1, according to six of 10.....]]></description><pubDate>November 10,2010</pubDate></item><item><title><![CDATA[Indian Restrictions on Cotton Exports to Pakistan [November 10,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/485/Indian_Restrictions_on_Cotton_Exports_to_Pakistan.html]]></guid><description><![CDATA[ISLAMABAD: Government of Pakistan is using diplomatic channels to compel  the Indian government to lift restrictions and allow export of 1.5  million cotton bales to Pakistan&rsquo;s textile industry, Textile Minister  Rana Muhammad Farooq Saeed Khan.....]]></description><pubDate>November 10,2010</pubDate></item><item><title><![CDATA[Tea Exports up 5 pc to 143.5 Million kg [November 10,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/486/Tea_Exports_up_5_pc_to_1435_Million_kg.html]]></guid><description><![CDATA[NEW DELHI: Tea exports from India increased by 5 per cent during the  January-September period of the current year to 143.5 million kg, from  136.6 million kg in the corresponding period last year.According  to Tea Board data, both South and North In.....]]></description><pubDate>November 10,2010</pubDate></item><item><title><![CDATA[High Rupee May Hurt Basmati Exports [November 10,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/487/High_Rupee_May_Hurt_Basmati_Exports.html]]></guid><description><![CDATA[NEW DELHI &nbsp; India's basmati rice exports in the current fiscal year  through March 2011 are likely to fall between 5% and 7% from last year,  as a rise in the rupee's value to the dollar has increased the export  price, industry officials said.T.....]]></description><pubDate>November 10,2010</pubDate></item><item><title><![CDATA[India Expects G20 Summit 'to Focus on Financial Stability' [November 10,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/488/India_Expects_G20_Summit_'to_Focus_on_Financial_Stability'.html]]></guid><description><![CDATA[NEW DELHI: India said on Tuesday that it expected the upcoming summit of  the Group of 20 nations will seek to stabilise the global financial  system.Indian Prime Minister Manmohan Singh is to fly to Seoul  on Wednesday for the two-day meeting of lea.....]]></description><pubDate>November 10,2010</pubDate></item><item><title><![CDATA[Forex: US Dollar Rises Against Indian Rupee as USD/INR Trades above 44.50 [November 08,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/479/Forex_US_Dollar_Rises_Against_Indian_Rupee_as_USD/INR_Trades_above_4450.html]]></guid><description><![CDATA[The US dollar&nbsp; has gained ground against the Indian rupee today in the  foreign exchange market and touched its highest exchange rate in  approximately a week after a decline last week.&nbsp; The high point for the  USD/INR currency pair today r.....]]></description><pubDate>November 08,2010</pubDate></item><item><title><![CDATA[No Food Grain Imports to Go Through Safety Checks [November 08,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/477/No_Food_Grain_Imports_to_Go_Through_Safety_Checks.html]]></guid><description><![CDATA[Amid instances of food grains import without phytosanitary checks, the  Central government has asked port officials to ensure that no food  grains consignments enter India without conforming to the safety norms.&ldquo;Instances  have come to the noti.....]]></description><pubDate>November 08,2010</pubDate></item><item><title><![CDATA[US Eases Curbs on Technology Exports to India [November 08,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/478/US_Eases_Curbs_on_Technology_Exports_to_India.html]]></guid><description><![CDATA[NEW DELHI: The US has decided to ease control on exports of technology  to India, it was revealed at a joint press conference addressed by  Indian Prime Minister Manmohan Singh and US President Barack Obama after  their one-on-one meeting here.&ldquo.....]]></description><pubDate>November 08,2010</pubDate></item><item><title><![CDATA[Obama Gears up India on FDI Multi-Brand Retail [November 08,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/480/Obama_Gears_up_India_on_FDI_Multi-Brand_Retail.html]]></guid><description><![CDATA[President Barak Obama has asked India to lift its restrictions on the  FDI on multi-brand retail. He explained that old concerns that small  shopkeepers would be impacted ignore today&rsquo;s reality.&ldquo;Going  forward, commitment must be matched .....]]></description><pubDate>November 08,2010</pubDate></item><item><title><![CDATA[Forget Price Rise, Diwali Gold Import at New High [November 08,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/481/Forget_Price_Rise_Diwali_Gold_Import_at_New_High.html]]></guid><description><![CDATA[MUMBAI: Record prices in excess of 20,000 per 10 gm do not seem to have  dampened consumer demand for gold in the festive week of Diwali. On the  contrary, all-India imports through the week ending Monday were expected  to be 20-25 tonne, around 20% .....]]></description><pubDate>November 08,2010</pubDate></item><item><title><![CDATA[India Silver Seen Breaching Rs 40,000 to Record [November 08,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/482/India_Silver_Seen_Breaching_Rs_40000_to_Record.html]]></guid><description><![CDATA[MUMBAI: India silver futures are likely to hit another record this month  and breach the keenly-watched Rs 40,000 per kg mark, on the back of  rally in gold prices, and rising physical demand, analysts said."The  long-awaited breakout in silver price.....]]></description><pubDate>November 08,2010</pubDate></item><item><title><![CDATA['UK's Small Cos keen on India Imports� [November 07,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/468/'UK's_Small_Cos_keen_on_India_Imports�.html]]></guid><description><![CDATA[LONDON: In the Midlands , home to Jaguar Land Rover (JLR) and the heart  of Britain&rsquo;s manufacturing industry , small and medium businesses are as  likely to have trade links with India as big companies &mdash; companies with  a turnover of less.....]]></description><pubDate>November 07,2010</pubDate></item><item><title><![CDATA[China to Boost Exploration Efforts as Mineral Demand Grows [November 07,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/469/China_to_Boost_Exploration_Efforts_as_Mineral_Demand_Grows.html]]></guid><description><![CDATA[China will spend 30 billion yuan ($ 4.5 billion) in the next five years  to expand exploration of mineral deposits within the country, even as  the government announced new measures to curb exports of crucial rare  earth minerals.An official said on .....]]></description><pubDate>November 07,2010</pubDate></item><item><title><![CDATA[U.S. Eases Restrictions on Exports to India [November 07,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/470/US_Eases_Restrictions_on_Exports_to_India.html]]></guid><description><![CDATA[MUMBAI President Barack Obama announced a significant loosening of  restrictions on U.S. exports to India and called for India to do its  part to promote greater trade between the countries by lowering barriers  to foreign investment in sectors such .....]]></description><pubDate>November 07,2010</pubDate></item><item><title><![CDATA[India Targets 25 Percent Growth in Exports [November 07,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/471/India_Targets_25_Percent_Growth_in_Exports.html]]></guid><description><![CDATA[New Delhi, (IANS) India will double its exports by 2014 on the back of  25 percent annual growth and a diversified market, Commerce and Industry  Minister Anand Sharma said Thursday.'With the help of a set of  measures announced recently, we will be .....]]></description><pubDate>November 07,2010</pubDate></item><item><title><![CDATA[Forex Reserves up by $2.56 Billion on Gold Revaluation [November 07,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/472/Forex_Reserves_up_by_$256_Billion_on_Gold_Revaluation.html]]></guid><description><![CDATA[Mumbai,&nbsp; (IANS) India's foreign exchange (forex) reserves increased by  $2.56 billion during the week ended Oct 29, to reach a total of $297.95  billion, partly on account of a jump in gold prices.The value of gold reserves increased by $1.15 bi.....]]></description><pubDate>November 07,2010</pubDate></item><item><title><![CDATA[Developing Nations Emerge as Major FDI Destinations: Assocham [November 07,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/473/Developing_Nations_Emerge_as_Major_FDI_Destinations_Assocham.html]]></guid><description><![CDATA[NEW DELHI: Major developing economies like India and Saudi Arabia have  emerged as the most attractive destinations for FDI after the global  economic meltdown , industry body Assocham said today."The FDI  inflows into the developed countries registe.....]]></description><pubDate>November 07,2010</pubDate></item><item><title><![CDATA[Nigeria willing to Raise Oil Exports to India: Deora [November 04,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/462/Nigeria_willing_to_Raise_Oil_Exports_to_India_Deora.html]]></guid><description><![CDATA[NEW DELHI: Nigeria, Africa&rsquo;s largest crude oil and gas producer, is  expected to increase its oil exports to India besides supplying  liquefied natural gas (LNG), a senior oil ministry official said.&ldquo;  Nigeria is our friend and willing to.....]]></description><pubDate>November 04,2010</pubDate></item><item><title><![CDATA[Forex: USD/INR Trapped in a Range, Holds above 44.00 [November 04,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/463/Forex_USD/INR_Trapped_in_a_Range_Holds_above_4400.html]]></guid><description><![CDATA[Despite the Dollar weakness, the Indian Rupee could not trigger a strong  rally against the US currency. USD/INR fell to a low of 44.07 after the  FED announced QE2, and has been moving in a range above that low and  below 44.22 since then.At time of.....]]></description><pubDate>November 04,2010</pubDate></item><item><title><![CDATA[India Should Open Retail to FDI: US Biz [November 04,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/464/India_Should_Open_Retail_to_FDI_US_Biz.html]]></guid><description><![CDATA[WASHINGTON: Ahead of US President Barack Obama's trip, a major US trade  association suggested action in three key areas, including opening of  India's retail industry to foreign direct investment to help India usher  in an "Ever-Green Revolution".Th.....]]></description><pubDate>November 04,2010</pubDate></item><item><title><![CDATA[India: MPSEZL Only Bidder for Azhikkal Port Development Project [November 04,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/465/India_MPSEZL_Only_Bidder_for_Azhikkal_Port_Development_Project.html]]></guid><description><![CDATA[Mundra Port and SEZ Ltd (MPSEZL) has submitted a bid in response to the global tender  inviting companies for the development of Azhikkal port in Kannur  district in north Kerala on public-private partnership (PPP) basis.It is learnt that MPSEZL was .....]]></description><pubDate>November 04,2010</pubDate></item><item><title><![CDATA[Sugar Sales From India May Miss Forecast as Bulk Consumers Build Stockpile [November 04,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/466/Sugar_Sales_From_India_May_Miss_Forecast_as_Bulk_Consumers_Build_Stockpile.html]]></guid><description><![CDATA[India, the largest sugar user, may export less than forecast and  shipments should be spread out to prevent global prices from slumping, a  millers&rsquo; group said.The surplus available for sales overseas  may be 2 million metric tons in the year s.....]]></description><pubDate>November 04,2010</pubDate></item><item><title><![CDATA[India Hopes U.S. will Relax Export Control Regime [November 04,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/467/India_Hopes_US_will_Relax_Export_Control_Regime.html]]></guid><description><![CDATA[Indian Ambassador to the U.S. Meera Shankar on Wednesday said the  Government of India hoped Washington would relax its export control  regime on dual-use items to New Delhi as a result of the ongoing  negotiations between the two sides.&ldquo;Yes, w.....]]></description><pubDate>November 04,2010</pubDate></item><item><title><![CDATA[India Tops UAE's Import List in 2010 [November 03,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/456/India_Tops_UAE's_Import_List_in_2010.html]]></guid><description><![CDATA[DUBAI: India has topped Dubai imports list with 45 billion dirhams by 19  per cent of the aggregate value, statistics revealed by Dubai Customs  for the first eight months of 2010 have shown.China came in  second with 29 billion dirhams at 12 per cen.....]]></description><pubDate>November 03,2010</pubDate></item><item><title><![CDATA[Sugar Exports May Begin Next Month [November 03,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/457/Sugar_Exports_May_Begin_Next_Month.html]]></guid><description><![CDATA[NEW DELHI: Sugar exports are set to begin next month with the government  likely to expedite the processing of applications from sugar mills for  release of about 5 lakh tonne of sugar for exports .It is likely  that the release order for export of s.....]]></description><pubDate>November 03,2010</pubDate></item><item><title><![CDATA[Allow FDI For Development Of �Panchyat�, Says Dr. Joshi [November 03,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/458/Allow_FDI_For_Development_Of_�Panchyat�_Says_Dr_Joshi.html]]></guid><description><![CDATA[New Delhi: The Rural Development Minister Dr C.P. Joshi, has advocated  allowing FDI for developing over 2.44 lakh panchayati all over the  country will open the vistas of opportunities and ensure inclusive  growth.Inaugurating ASSOCHAM International.....]]></description><pubDate>November 03,2010</pubDate></item><item><title><![CDATA[Iron Ore Exports may Dip 32% [November 03,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/459/Iron_Ore_Exports_may_Dip_32%.html]]></guid><description><![CDATA[Iron ore export from India is likely to decline 32 per cent this year,  due to a number of tightening measures by various state governments,  says an estimate by the Federation of Indian Mineral Industries (Fimi).  It said export during the current f.....]]></description><pubDate>November 03,2010</pubDate></item><item><title><![CDATA[Rupee Gains 12 Paise Against Dollar in Early Trade [November 03,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/460/Rupee_Gains_12_Paise_Against_Dollar_in_Early_Trade.html]]></guid><description><![CDATA[The rupee strengthened by 12 paise to Rs 44.25 against the US currency  at the Interbank Foreign Exchange market in the morning trade today,  tracking dollar&rsquo;s losses against other major currencies.Traders  said besides dollar&rsquo;s losses ag.....]]></description><pubDate>November 03,2010</pubDate></item><item><title><![CDATA[India to Tailor Policy for Semicon Investment [November 03,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/461/India_to_Tailor_Policy_for_Semicon_Investment.html]]></guid><description><![CDATA[NEW DELHI, INDIA: Government of India is eagerly looking for investment  from semiconductor companies to set up world-class wafer fabrication&nbsp;  plants in the country and for that the government is ready to offer  large subsidy and tailor a polic.....]]></description><pubDate>November 03,2010</pubDate></item><item><title><![CDATA[October Gold Imports up on Festivals Investment [November 02,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/450/October_Gold_Imports_up_on_Festivals_Investment.html]]></guid><description><![CDATA[India's gold imports in October rose to 43 tonne provisionally, above a  Reuters poll forecast of 41.5 tonne, as a good monsoon and investment  appeal drew consumers to the metal despite high prices, the president of  the Bombay Bullion Association (.....]]></description><pubDate>November 02,2010</pubDate></item><item><title><![CDATA[US-India Trade to Double in Five Years [November 02,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/451/US-India_Trade_to_Double_in_Five_Years.html]]></guid><description><![CDATA[The bilateral trade between India and the US is expected to double in  five years from the present $37 billion (about Rs 1,71,000 crore). The  imports to India are now valued at $ 16 billion (Rs 72,000 crore) and  exports $21 billion (Rs94,500 crore).....]]></description><pubDate>November 02,2010</pubDate></item><item><title><![CDATA[Pepper to Give Handsome Profits on Strong Fundamentals [November 02,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/452/Pepper_to_Give_Handsome_Profits_on_Strong_Fundamentals.html]]></guid><description><![CDATA[Pepper November contract has touched level of 21450 today on NCDEX. Pepper continued its uptrend as volumes supported prices.India's  pepper imports in 2010-2011 (April-March) are expected to be around  20,000-25,000 tonnes. Imports have been rising .....]]></description><pubDate>November 02,2010</pubDate></item><item><title><![CDATA[India Allows Edible Oil Exports until October 2011 [November 02,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/453/India_Allows_Edible_Oil_Exports_until_October_2011.html]]></guid><description><![CDATA[NEW DELHI, : India will allow exports of edible oils in small packets  until next October, when the current marketing year ends, a government  statement said on Monday.The exports shall be permitted in  branded packs of up to 5 kilogrammes, subject t.....]]></description><pubDate>November 02,2010</pubDate></item><item><title><![CDATA[India Allows Edible Oil Exports until October 2011 [November 02,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/454/India_Allows_Edible_Oil_Exports_until_October_2011.html]]></guid><description><![CDATA[New Delhi: The government has decided to to reduce minimum export price  (MEP) by $50 a tonne for November to encourage exports as domestic  prices are expected to soften in the near future on arrival of new  kharif crop by middle of this month. This.....]]></description><pubDate>November 02,2010</pubDate></item><item><title><![CDATA[Rupee Sheds 4 paise to 44.47/48 Against US Dollar [November 02,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/455/Rupee_Sheds_4_paise_to_4447/48_Against_US_Dollar.html]]></guid><description><![CDATA[MUMBAI: The rupee shed 4 paise to 44.47/58 against the US dollar in a  lacklustre trading session at the Interbank Foreign Exchange on Monday  amid mild dollar demand despite a firm trend in domestic equity markets.The  domestic currency opened highe.....]]></description><pubDate>November 02,2010</pubDate></item><item><title><![CDATA[India Seeks Additional Crude Supplies from Angola [November 01,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/444/India_Seeks_Additional_Crude_Supplies_from_Angola.html]]></guid><description><![CDATA[NEW DELHI : India on Sunday sought additional crude oil supplies from  Angola to feed its rising refining capacity, Oil Secretary S. Sudareshan  said.Sundareshan said India now imports up to 180,000 barrels per day of crude from the southwest African.....]]></description><pubDate>November 01,2010</pubDate></item><item><title><![CDATA[Trade Curbs being Exaggerated, their Impact Minimal: Experts [November 01,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/445/Trade_Curbs_being_Exaggerated_their_Impact_Minimal_Experts.html]]></guid><description><![CDATA[NEW DELHI: India has been the most frequent user of import restricting  measures such as anti-dumping duties and safeguards in the recent past,  but local officials and experts say the criticism it receives is  disproportionate to the impact of its p.....]]></description><pubDate>November 01,2010</pubDate></item><item><title><![CDATA[Indian Currency Draws Investors, Harms Exports [November 01,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/446/Indian_Currency_Draws_Investors_Harms_Exports.html]]></guid><description><![CDATA[The reasons are evident in Coimbatore, a southern city long known as a  capital of India&rsquo;s textile industry, an old-line export trade. Recently,  demolition crews razed an abandoned textile mill to make way for the  Alliance Mall.From the ashes.....]]></description><pubDate>November 01,2010</pubDate></item><item><title><![CDATA[Rupee Falls 0.04% Against USD to 44.47 [November 01,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/447/Rupee_Falls_004%_Against_USD_to_4447.html]]></guid><description><![CDATA[Indian rupee&nbsp; edged lower against the greenback in morning trade. Rupee  was down 0.04% against USD to Rs 44.47 compared to previous close of  44.42. (09.51 a.m.)In the spot market, the Dollar Index dropped  0.104% to 76.96. It touched a high of.....]]></description><pubDate>November 01,2010</pubDate></item><item><title><![CDATA[FDI from Mauritius Crosses $50 bn [November 01,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/448/FDI_from_Mauritius_Crosses_$50_bn.html]]></guid><description><![CDATA[NEW DELHI: India's foreign direct investment (FDI) through Mauritius,  considered a tax haven, has crossed $50 billion accounting for 42 per  cent of the total FDI inflows, according to the latest official data.India  has a Double Taxation Avoidance .....]]></description><pubDate>November 01,2010</pubDate></item><item><title><![CDATA[Mundra SEZ Skirts Rules [November 01,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/449/Mundra_SEZ_Skirts_Rules.html]]></guid><description><![CDATA[CONSTRUCTION activities at Mundra special economic zone (SEZ) in  Gujarat&rsquo;s Kachchh district had begun even before the project&rsquo;s public  hearing, the procedural step towards environmental clearance for a  project where affected people giv.....]]></description><pubDate>November 01,2010</pubDate></item><item><title><![CDATA[Coromandel Intl Seals 5-yr Import Deal with Potash [October 30,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/437/Coromandel_Intl_Seals_5-yr_Import_Deal_with_Potash.html]]></guid><description><![CDATA[NEW DELHI: India&rsquo;s Coromandel International has clinched a five-year  potash supply deal with Canada&rsquo;s Potash that will see assured imports of  around three million tonne of the commodity.However, both  parties have chosen to keep secret .....]]></description><pubDate>October 30,2010</pubDate></item><item><title><![CDATA[Gems and Jewellery Exports Continue to Glitter [October 30,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/440/Gems_and_Jewellery_Exports_Continue_to_Glitter.html]]></guid><description><![CDATA[NEW DELHI: India's gems and jewellery exports grew by 56 per cent to USD  4 billion in September 2010, compared to a year-ago period, thanks to  the rising demand from markets like the Middle East and US.The exports stood at $2.6 billion in September.....]]></description><pubDate>October 30,2010</pubDate></item><item><title><![CDATA[Forex Reserves Decline $1 bn to Touch $295.4 bn [October 30,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/439/Forex_Reserves_Decline_$1_bn_to_Touch_$2954_bn.html]]></guid><description><![CDATA[MUMBAI: The country\'s foreign-exchange reserves fell $1.03 billion to  $295.4 billion in the week ended October 22, the Reserve Bank of India  has said.Foreign-currency assets declined $988 million to $267.7  billion while the nation�s gold reserves.....]]></description><pubDate>October 30,2010</pubDate></item><item><title><![CDATA[ECGC may Provide a Record Rs 700-Crore Credit this Fiscal [October 30,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/441/ECGC_may_Provide_a_Record_Rs_700-Crore_Credit_this_Fiscal.html]]></guid><description><![CDATA[Export Credit Guarantee Corporation of India Ltd (ECGC), a public sector  credit risk insurance provider that guarantees export credits against  payment risks by importers, may be giving its largest-ever credit  support of above Rs 700 crore to domes.....]]></description><pubDate>October 30,2010</pubDate></item><item><title><![CDATA[India Likely to Allow FDI in Multi-Brand Retail Trade [October 30,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/442/India_Likely_to_Allow_FDI_in_Multi-Brand_Retail_Trade.html]]></guid><description><![CDATA[Government authorities in India are veering round to the view that the  country is now ripe for foreign equity participation in multi-brand  retail business.Indian authorities, under pressure from domestic  retail trade as also due to political compu.....]]></description><pubDate>October 30,2010</pubDate></item><item><title><![CDATA[Capital Goods Transfer Policy in SEZs Clarified [October 30,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/443/Capital_Goods_Transfer_Policy_in_SEZs_Clarified.html]]></guid><description><![CDATA[The government today clarified the policy concerning the transfer of  used capital goods into special economic zones (SEZ) from outside of the  enclaves, stating that a company can shift the equipment to set up  units into the SEZs. However, the valu.....]]></description><pubDate>October 30,2010</pubDate></item><item><title><![CDATA[India Allows Garment Imports from Bangladesh [October 28,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/431/India_Allows_Garment_Imports_from_Bangladesh.html]]></guid><description><![CDATA[DHAKA&nbsp; : India has agreed to lift tariff and quota restrictions on  import of garments from Bangladesh, a government minister said on  Wednesday, opening the way for an expansion in bilateral trade between  the neighbours. Garments account for o.....]]></description><pubDate>October 28,2010</pubDate></item><item><title><![CDATA[Bale Out: Govt to Review Cap on Cotton Exports in Dec [October 28,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/432/Bale_Out_Govt_to_Review_Cap_on_Cotton_Exports_in_Dec.html]]></guid><description><![CDATA[NEW DELHI: India will review the cap on cotton exports in December after  coming under pressure at home and abroad for the removal of trade  restrictions .A committee under finance minister Pranab  Mukherjee will review the decision by the year-end ,.....]]></description><pubDate>October 28,2010</pubDate></item><item><title><![CDATA[Obama to Meet US CEOs in India to Boost Exports [October 28,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/433/Obama_to_Meet_US_CEOs_in_India_to_Boost_Exports.html]]></guid><description><![CDATA[PRESIDENT Barack Obama will meet in India next month with a group of US  chief executive officers including Jeffrey Immelt of General Electric  and Jim McNerney of Boeing, as the administration seeks to boost  exports.Obama will address a conference .....]]></description><pubDate>October 28,2010</pubDate></item><item><title><![CDATA[Pawar in Favour of FDI in Retail [October 28,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/434/Pawar_in_Favour_of_FDI_in_Retail.html]]></guid><description><![CDATA[Agriculture Minister Sharad Pawar said today that was in favour of  allowing foreign direct investment in the multi-brand retail sector,  saying that it would help both farmers and consumers. He however also  added that interests of lakhs of small ki.....]]></description><pubDate>October 28,2010</pubDate></item><item><title><![CDATA[Rupee Ends Flat at 44.45/46 Against U.S. Dollar [October 28,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/435/Rupee_Ends_Flat_at_4445/46_Against_US_Dollar.html]]></guid><description><![CDATA[The Indian rupee pared early losses to end flat at 44.45/46 against the  U.S. dollar today, with weakness in domestic equity markets offset by  late dollar selling and heavy foreign capital inflows.At the  Interbank Foreign Exchange, the domestic cur.....]]></description><pubDate>October 28,2010</pubDate></item><item><title><![CDATA[DJ Shree Renuka Exec: India To Bring Back Duty On Sugar Imports [October 28,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/436/DJ_Shree_Renuka_Exec_India_To_Bring_Back_Duty_On_Sugar_Imports.html]]></guid><description><![CDATA[India is likely to scrap duty-free imports of sugar at the end of the  year, the head of the country's largest sugar refiner said Wednesday."Zero-duty  concession on imports of sugar will expire Dec. 31 2010. It is unlikely  to be renewed," Narendra .....]]></description><pubDate>October 28,2010</pubDate></item><item><title><![CDATA[India's Cardamom Imports On Declining Trend [October 27,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/425/India's_Cardamom_Imports_On_Declining_Trend.html]]></guid><description><![CDATA[According to the latest release from the spices Board of India, Import  of cardamom to India has been declining consistently. From April to  August 2010, only a meager quantity of 45 tonnes of cardamom has been  imported from Guatemala. In 2009-10, t.....]]></description><pubDate>October 27,2010</pubDate></item><item><title><![CDATA[FM Rules Out Capping Foreign Capital Inflows [October 27,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/426/FM_Rules_Out_Capping_Foreign_Capital_Inflows.html]]></guid><description><![CDATA[Finance minister Pranab Mukherjee on Tuesday ruled out controls on  foreign capital inflows, adopting a policy stance that runs counter to  the trend in most of East Asia.&ldquo;At this point I am not thinking  of putting any cap on FIIs (foreign ins.....]]></description><pubDate>October 27,2010</pubDate></item><item><title><![CDATA[India�s Currency Attracts Investors, but Damages Exports [October 27,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/427/India�s_Currency_Attracts_Investors_but_Damages_Exports.html]]></guid><description><![CDATA[COIMBATORE, India &nbsp; 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.....]]></description><pubDate>October 27,2010</pubDate></item><item><title><![CDATA[Coconut Prices Double Despite a Rich Harvest as Exports Jump 145% y-o-y [October 27,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/428/Coconut_Prices_Double_Despite_a_Rich_Harvest_as_Exports_Jump_145%_y-o-y.html]]></guid><description><![CDATA[KOCHI: The price of a coconut, a must for all auspicious occasions, has  doubled this Diwali as exports to neighbouring countries eat into  India&rsquo;s bumper harvest. A coconut that usually sells for Rs 5 is now  traded near Rs 10.Traders are more.....]]></description><pubDate>October 27,2010</pubDate></item><item><title><![CDATA[Rupee Falls by 9 paise to 44.44/45 against US Dollar [October 27,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/429/Rupee_Falls_by_9_paise_to_4444/45_against_US_Dollar.html]]></guid><description><![CDATA[MUMBAI: The Indian rupee fell by 9 paise to 44.44/45 against the US  dollar today amid weakness in domestic equity markets and month-end  dollar demand from oil refiners.The domestic unit opened on a  weak note at 44.45/46 per dollar against the prev.....]]></description><pubDate>October 27,2010</pubDate></item><item><title><![CDATA[India�s Cotton Export Policies Under Fire By Global Textile Organizations [October 27,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/430/India�s_Cotton_Export_Policies_Under_Fire_By_Global_Textile_Organizations.html]]></guid><description><![CDATA[Textile organizations in the United States, European Union (EU), Mexico  and Turkey have sent a joint letter to their respective governments  urging immediate action to halt cotton trade restrictions by the  government of India. The organizations inc.....]]></description><pubDate>October 27,2010</pubDate></item><item><title><![CDATA[India not to Join Global Chorus on Yuan Appreciation [October 25,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/420/India_not_to_Join_Global_Chorus_on_Yuan_Appreciation.html]]></guid><description><![CDATA[TOKYO: India, mindful of its import dependency, is unlikely to join the  global rhetoric urging China to let its currency appreciate. India  depends on cheap project imports from China to jump-start its big-ticket  infrastructure projects, especially.....]]></description><pubDate>October 25,2010</pubDate></item><item><title><![CDATA[India�s Net Rough Imports in September $901 Million [October 25,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/421/India�s_Net_Rough_Imports_in_September_$901_Million.html]]></guid><description><![CDATA[India imported 12,488,000 carats of rough diamonds worth $973.5 million  in September, a 37.4 percent increase in value over last year. The  average value of gross imports was $77.96 per carat, based on  provisional figures released Sunday by the Gem.....]]></description><pubDate>October 25,2010</pubDate></item><item><title><![CDATA[India Pledges to Export 11 Lakh Bales of Cotton [October 25,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/422/India_Pledges_to_Export_11_Lakh_Bales_of_Cotton.html]]></guid><description><![CDATA[India has assured Bangladesh of exporting some 11 lakh bales of cotton in addition to those already contracted  and amend relevant law to remove non-tariff barriers in importing jute  bags from Bangladesh."The Indian commerce minister has assured  me.....]]></description><pubDate>October 25,2010</pubDate></item><item><title><![CDATA[India to Export 5 Lakh tonnes of Foodgrain to Bangladesh [October 25,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/423/India_to_Export_5_Lakh_tonnes_of_Foodgrain_to_Bangladesh.html]]></guid><description><![CDATA[NEW DELHI: India has said that it will export three lakh tonne of rice  and two lakh tonne of wheat to Bangladesh soon. Orders have been issued  to the directorate general of foreign trade to expedite the process,  commerce and industry minister Anan.....]]></description><pubDate>October 25,2010</pubDate></item><item><title><![CDATA[Govt Monitoring Increase in Trade Deficit: Sharma [October 25,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/424/Govt_Monitoring_Increase_in_Trade_Deficit_Sharma.html]]></guid><description><![CDATA[The Commerce and Industry Minister, Mr Anand Sharma, said on Saturday  that the Government was &ldquo;carefully monitoring&rdquo; the burgeoning trade  deficit &mdash; which is the outcome of the country's imports of goods  exceeding its exports.Howe.....]]></description><pubDate>October 25,2010</pubDate></item><item><title><![CDATA[PTI China Promises to Increase Indian Imports [October 23,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/414/PTI_China_Promises_to_Increase_Indian_Imports.html]]></guid><description><![CDATA[K J M Varma Beijing, Oct 22 (PTI) Amid a concerted campaign by India to  provide wider opening for Indian products to address the trade  imbalance, China today said it recognised the mounting trade surplus  building in its favour and promised to incr.....]]></description><pubDate>October 23,2010</pubDate></item><item><title><![CDATA[India's Restrictions on Imports 'bit intense': EU News [October 23,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/415/India's_Restrictions_on_Imports_'bit_intense'_EU_News.html]]></guid><description><![CDATA[According to the EU, India's restrictions on imports following the  global economic crisis have been an bit intense and need to be reviewed.The  42 trade restriction actions India initiated to check imports to  protect domestic industry, the highest .....]]></description><pubDate>October 23,2010</pubDate></item><item><title><![CDATA[Bangladesh to Seek �quota� in Cotton Exports from India [October 23,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/416/Bangladesh_to_Seek_�quota�_in_Cotton_Exports_from_India.html]]></guid><description><![CDATA[NEW DELHI/DHAKA :&nbsp; After the domestic garment makers crying foul over  the non-availability of cotton, it is now the neighboring, Bangladesh  that will seek a separate quota in Indian cotton exports so as to ensure  adequate supplies to its loca.....]]></description><pubDate>October 23,2010</pubDate></item><item><title><![CDATA[US could Lift Restrictions on Hi-Tech Exports [October 23,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/417/US_could_Lift_Restrictions_on_Hi-Tech_Exports.html]]></guid><description><![CDATA[New Delhi: The US is likely to ease restrictions on transferring high  technology to India, especially in the country's closely guarded space  weapon projects.&ldquo;Certain to be on the agenda is the removal of  the last remaining export controls on.....]]></description><pubDate>October 23,2010</pubDate></item><item><title><![CDATA[France Offers Great Sops for Indian Businesses [October 23,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/418/France_Offers_Great_Sops_for_Indian_Businesses.html]]></guid><description><![CDATA[Mumbai: The relation between Indian and France go back hundreds of  years. There&rsquo;s a need to reshape it in the new globalized economy.  France offers excellent sops for Indian companies to do business there.Highlighting  these was a seminar &ld.....]]></description><pubDate>October 23,2010</pubDate></item><item><title><![CDATA[FDI Inflows Plunge by about 60% in August [October 23,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/419/FDI_Inflows_Plunge_by_about_60%_in_August.html]]></guid><description><![CDATA[NEW DELHI: Foreign direct investment in August dipped by about 60 per  cent to USD 1.33, the lowest in this fiscal, industry department data  released today showed.The FDI inflows in August 2009 were USD  3.26 billion. During the first five months of.....]]></description><pubDate>October 23,2010</pubDate></item><item><title><![CDATA[EU asks India to Rethink 'Intense' Import Restrictions [October 22,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/408/EU_asks_India_to_Rethink_'Intense'_Import_Restrictions.html]]></guid><description><![CDATA[NEW DELHI: The European Union has said that restrictions on imports  imposed by India in the aftermath of the global economic crisis have  been a bit intense'' and need to be looked into.In 2009 India  initiated 42 trade restriction actions, or measu.....]]></description><pubDate>October 22,2010</pubDate></item><item><title><![CDATA[Finmin Rules out Duty on Power Equipment Import [October 22,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/409/Finmin_Rules_out_Duty_on_Power_Equipment_Import.html]]></guid><description><![CDATA[New Delhi: In what could help bring down the cost of power from upcoming  generation projects, the finance ministry has shot down a proposal to  impose import duty on power equipment. The move would essentially help  Chinese equipment suppliers to au.....]]></description><pubDate>October 22,2010</pubDate></item><item><title><![CDATA[Growing Imports, Low Domestic Demand Lead to Polymer Price reductions in In... (21-10-2010) [October 22,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/410/Growing_Imports_Low_Domestic_Demand_Lead_to_Polymer_Price_reductions_in_In_(21-10-2010).html]]></guid><description><![CDATA[Indian polymer producers have announced price reductions in  polypropylene (PP) and polyethylene (PE), as imports grow amid low  domestic demand. Demand is low because during the festive season of  Diwali, converters run plants at reduced capacity.Th.....]]></description><pubDate>October 22,2010</pubDate></item><item><title><![CDATA[Seafood Exports up on US Demand [October 22,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/411/Seafood_Exports_up_on_US_Demand.html]]></guid><description><![CDATA[KOCHI: The loss of marine life in the Gulf of Mexico after the  disastrous BP oil spill has become a business bonanza for India . prawn  and shrimp farms. Seafood exports to the US have seen an unexpected  growth in the first five months of the curre.....]]></description><pubDate>October 22,2010</pubDate></item><item><title><![CDATA[Gold Jewellery Exports from India Double in Sep [October 22,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/412/Gold_Jewellery_Exports_from_India_Double_in_Sep.html]]></guid><description><![CDATA[MUMBAI : Indian exports of gems and jewellery has registered a  staggering 56.09% growth for the month of September, 2010, up from  Rs.12,605 crore to Rs.18,708 crore, the Gems and Jewellery Export  Promotion Council (GJEPC) noted today.According to .....]]></description><pubDate>October 22,2010</pubDate></item><item><title><![CDATA[Rupee Edges up by Four Paise versus the Dollar amid Firm Equities [October 22,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/413/Rupee_Edges_up_by_Four_Paise_versus_the_Dollar_amid_Firm_Equities.html]]></guid><description><![CDATA[The rupee today edged up by four paise to end at 44.30/31 against the US  currency on sharp rebound in local equities amid sustained capital  inflows.In narrow movements at the Interbank Foreign Exchange  market, the domestic unit opened a tad higher.....]]></description><pubDate>October 22,2010</pubDate></item><item><title><![CDATA[India`s Auto boom adds bounce to Rubber Rally [October 20,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/402/India`s_Auto_boom_adds_bounce_to_Rubber_Rally.html]]></guid><description><![CDATA[India is headed for a second straight year of record natural rubber  imports as domestic output fails to keep pace with auto-driven demand,  underpinning prices already at record highs.India could import  as much as 175,000 tonnes in the year that be.....]]></description><pubDate>October 20,2010</pubDate></item><item><title><![CDATA[GPCA chief derides Anti-Dumping Duty on Polypropylene [October 20,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/403/GPCA_chief_derides_Anti-Dumping_Duty_on_Polypropylene.html]]></guid><description><![CDATA[India&rsquo;s move of levying anti-dumping duty on polypropylene imports from  Saudi Arabia and Oman is something never witnessed before and also  contravenes the World Trade Organisation (WTO) rules and regulations,  Abdulwahab Al-Sadoun, the Secret.....]]></description><pubDate>October 20,2010</pubDate></item><item><title><![CDATA[India, Malaysia to Announce Free Trade Pact [October 20,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/404/India_Malaysia_to_Announce_Free_Trade_Pact.html]]></guid><description><![CDATA[PTI : India and Malaysia will announce a free trade pact, which had been  in the works for close to three years, during Prime Minister Manmohan  Singh&rsquo;s visit here later this month.However, the Comprehensive  Economic Cooperation Agreement (CEC.....]]></description><pubDate>October 20,2010</pubDate></item><item><title><![CDATA[Dip in Pakistan's Onion Exports to Benefit India, China [October 20,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/405/Dip_in_Pakistan's_Onion_Exports_to_Benefit_India_China.html]]></guid><description><![CDATA[ISLAMABAD: Indian and Chinese onion exporters will get a major share of  the global onion market this year as Pakistani exports are set to drop  due to extensive damage to the crop caused by the heavy rains in the  country, say experts."Heavy rains a.....]]></description><pubDate>October 20,2010</pubDate></item><item><title><![CDATA[Exports from Indore''s SEZ Climbs to 565 Crore [October 20,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/406/Exports_from_Indore''s_SEZ_Climbs_to_565_Crore.html]]></guid><description><![CDATA[Indore, (PTI) With the global demand picking up, the exports from the  India's first greenfield operational Special Economic Zone (SEZ) here  has climbed to Rs 565 crore in the first six months of the current  financial year, a top official has said......]]></description><pubDate>October 20,2010</pubDate></item><item><title><![CDATA[Over 53 pc Increase in Total Exports of Gems, Jewels: GJEPC [October 20,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/407/Over_53_pc_Increase_in_Total_Exports_of_Gems_Jewels_GJEPC.html]]></guid><description><![CDATA[Chennai,(PTI) The Gem and Jewellery Export Promotion Council (GJEPC)  today said the country has registered an over 53 per cent increase in  total exports of gems and jewels this year during April-August at Rs  70,113 crore.During April-August 2009 I.....]]></description><pubDate>October 20,2010</pubDate></item><item><title><![CDATA[Rupee Surge worries Indian Textile Exporters [October 18,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/390/Rupee_Surge_worries_Indian_Textile_Exporters.html]]></guid><description><![CDATA[COIMBATORE/CHANDIGARH: The appreciation of the rupee against the US  dollar has hit India&rsquo;s textile exporters. Following heavy rush of  foreign institutional investors (FIIs) to India, the rupee has  appreciated by 6.3% in the last two months. .....]]></description><pubDate>October 18,2010</pubDate></item><item><title><![CDATA[Sugar Price Rise is fine, Export will go on: Sharad Pawar [October 18,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/391/Sugar_Price_Rise_is_fine_Export_will_go_on_Sharad_Pawar.html]]></guid><description><![CDATA[The government will continue to export sugar irrespective of any  opposition, Union agriculture minister Sharad Pawar said on Sunday.&ldquo;The  urban concern over rising prices of sugar is fine, but what about  increasing sugar production so that we.....]]></description><pubDate>October 18,2010</pubDate></item><item><title><![CDATA[Horti Fair to boost India�s coir Exports to Netherlands [October 18,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/392/Horti_Fair_to_boost_India�s_coir_Exports_to_Netherlands.html]]></guid><description><![CDATA[The four-day Amsterdam Horti Fair-2010 has contributed immensely towards  the development of India&rsquo;s trade relations with Netherlands and this is  expected to enhance India&rsquo;s coir production and processing.VS  Vijayaraghavan &ndash; the C.....]]></description><pubDate>October 18,2010</pubDate></item><item><title><![CDATA[Pharmexcil to submit a report on warehousing conditions of ports in India soon [October 18,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/393/Pharmexcil_to_submit_a_report_on_warehousing_conditions_of_ports_in_India_soon.html]]></guid><description><![CDATA[The Pharmaceuticals Export Promotion Council of India (Pharmexcil) has  commissioned a study on the warehousing conditions at sea ports of India  with a view to analyse the current standards and to create a cold chain  culture in India to overcome th.....]]></description><pubDate>October 18,2010</pubDate></item><item><title><![CDATA[Exporters worried over foreign fund inflow [October 18,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/394/Exporters_worried_over_foreign_fund_inflow.html]]></guid><description><![CDATA[Mumbai: Foreign capital inflows that helped equities markets rally  handsomely in the second half of 2010 and led to a sharp rise in the  rupee has now forced exporters and analysts seeking government  intervention in curbing such inflows.Exporters f.....]]></description><pubDate>October 18,2010</pubDate></item><item><title><![CDATA[India reviews recent Telecom gear Import Rules [October 18,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/395/India_reviews_recent_Telecom_gear_Import_Rules.html]]></guid><description><![CDATA[NEW DELHI: India is reviewing telecoms gear import rules that it  unveiled earlier this year to address security concerns, the country's  top telecoms official said, after companies expressed difficulties  implementing stricter rules including sharin.....]]></description><pubDate>October 18,2010</pubDate></item><item><title><![CDATA[Govt initiates probe into alleged Dumping of Polypropylene [October 18,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/396/Govt_initiates_probe_into_alleged_Dumping_of_Polypropylene.html]]></guid><description><![CDATA[The government has initiated investigations on a petition to impose  anti-dumping duty on polypropylene imports from Korea, Taiwan and the  US.Polypropylene is one of the most common polymer  petrochemicals, used in a variety of day-to-day products f.....]]></description><pubDate>October 18,2010</pubDate></item><item><title><![CDATA[India Cooking Oil Imports May Slump as Palm Oil Prices Surge, Patel Says [October 18,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/397/India_Cooking_Oil_Imports_May_Slump_as_Palm_Oil_Prices_Surge_Patel_Says.html]]></guid><description><![CDATA[Cooking oil imports by India, the biggest consumer after China, may  tumble this month, potentially driving prices lower, after a jump in  palm oil futures to a 26- month high made purchases unprofitable for  traders.Imports may drop 36 percent to 60.....]]></description><pubDate>October 18,2010</pubDate></item><item><title><![CDATA[India, Singapore Trade Doubles on Free Trade pact [October 18,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/398/India_Singapore_Trade_Doubles_on_Free_Trade_pact.html]]></guid><description><![CDATA[SINGAPORE: Buoyed by cuts in custom tariffs following a market opening  agreement, trade between India and Singapore has seen a quantum jump of  98.6 per cent in the first nine months of 2010 over the same period last  year.The bilateral trade aggreg.....]]></description><pubDate>October 18,2010</pubDate></item><item><title><![CDATA[Rupee Gain to 43 May Prompt Sales as Exports Slow: India Credit [October 18,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/399/Rupee_Gain_to_43_May_Prompt_Sales_as_Exports_Slow_India_Credit.html]]></guid><description><![CDATA[The Indian rupee&rsquo;s 6 percent climb in the past seven weeks left the  currency close to a level that may prompt the central bank to intervene  in the foreign-exchange market to limit gains for the first time in 11  months.The government is comfo.....]]></description><pubDate>October 18,2010</pubDate></item><item><title><![CDATA[Commerce Minister hopes new Diamond trading centre will attract more Business [October 18,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/400/Commerce_Minister_hopes_new_Diamond_trading_centre_will_attract_more_Business.html]]></guid><description><![CDATA[Union Commerce and Industry minister Anand Sharma is hopeful that  diamond exports will see a huge growth with the opening of the Bharat  Diamond Bourse (BDB), which he inaugurated in Mumbai on the auspicious  occasion of Dassera yesterday."In 2009-2.....]]></description><pubDate>October 18,2010</pubDate></item><item><title><![CDATA[India reviews recent Telecom gear Import Rules [October 18,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/401/India_reviews_recent_Telecom_gear_Import_Rules.html]]></guid><description><![CDATA[NEW DELHI: India is reviewing telecoms gear import rules that it  unveiled earlier this year to address security concerns, the country's  top telecoms official said, after companies expressed difficulties  implementing stricter rules including sharin.....]]></description><pubDate>October 18,2010</pubDate></item><item><title><![CDATA[50 Indian cos join Canton Fair beginning Oct 15 [October 16,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/385/50_Indian_cos_join_Canton_Fair_beginning_Oct_15.html]]></guid><description><![CDATA[The Consul General of India, Indra Mani Pandey, has  inaugurated the India Pavilion of the 108th Session of China Import and  Export Fair organized by Federation of Indian Export Organisations  (FIEO) at Guangzhou on 15th October, 2010.This is one of.....]]></description><pubDate>October 16,2010</pubDate></item><item><title><![CDATA[High demand of Pak onions hit India's export by 33% [October 16,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/386/High_demand_of_Pak_onions_hit_India's_export_by_33%.html]]></guid><description><![CDATA[
New Delhi India's onion exports fell by 33 per  cent to 94,800 tonnes in September on the back of higher demand and  lower prices of Pakistani and Chinese onions in the overseas markets.
"India's onion export last month fell to 94,800 tonnes again.....]]></description><pubDate>October 16,2010</pubDate></item><item><title><![CDATA[India, US Mull Export Curbs On High-Tech Items: Pranab [October 16,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/387/India_US_Mull_Export_Curbs_On_High-Tech_Items_Pranab.html]]></guid><description><![CDATA[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.Speaking to .....]]></description><pubDate>October 16,2010</pubDate></item><item><title><![CDATA[Pranab Wins �Finance Minister of Asia Award� [October 16,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/388/Pranab_Wins_�Finance_Minister_of_Asia_Award�.html]]></guid><description><![CDATA[NEW DELHI - Pranab Mukherjee has won this year&rsquo;s Finance Minister of the  Year for Asia award given by London-based daily newspaper Emerging  Markets.This is the second time Mukherjee has been bestowed with  the honor. He was rated as the best .....]]></description><pubDate>October 16,2010</pubDate></item><item><title><![CDATA[Indirect tax zooms 44% in April-Sept [October 16,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/389/Indirect_tax_zooms_44%_in_April-Sept.html]]></guid><description><![CDATA[
NEW DELHI: Indirect tax collection climbed 44.4%  to Rs 1,50,686 crore in the first half of the current fiscal, as  compared to the year-ago period. The indirect tax kitty comprises  customs, central excise and service taxes.
"The collection rose .....]]></description><pubDate>October 16,2010</pubDate></item><item><title><![CDATA[High Demand of Pak, Chinese Onions hit India's Export by 33% [October 15,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/379/High_Demand_of_Pak_Chinese_Onions_hit_India's_Export_by_33%.html]]></guid><description><![CDATA[NEW DELHI: India's onion exports fell by 33 per cent to 94,800 tonnes in  September on the back of higher demand and lower prices of Pakistani  and Chinese onions in the overseas markets."India's onion export  last month fell to 94,800 tonnes against.....]]></description><pubDate>October 15,2010</pubDate></item><item><title><![CDATA[Domestic Textile Machinery makers want End to Sops on Imports [October 15,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/380/Domestic_Textile_Machinery_makers_want_End_to_Sops_on_Imports.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 Chinese l.....]]></description><pubDate>October 15,2010</pubDate></item><item><title><![CDATA[India sets sights on US, Japan for boosting Coffee Exports [October 15,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/381/India_sets_sights_on_US_Japan_for_boosting_Coffee_Exports.html]]></guid><description><![CDATA[New Delhi: A spurt in output has encouraged Indian coffee exporters to  look beyond traditional markets to the US, the world&rsquo;s largest consumer  of the beverage, as well as Japan, according to Coffee Board chairman  Jawaaid Akhtar.&ldquo;Italy,.....]]></description><pubDate>October 15,2010</pubDate></item><item><title><![CDATA[Now, Leather Industry turns to French market to spur Exports [October 15,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/382/Now_Leather_Industry_turns_to_French_market_to_spur_Exports.html]]></guid><description><![CDATA[The country's leather product manufacturers and exporters could well  take a close look at the French market to spur exports in quantity and  value terms. The growing dependence of France on imports, especially for  luggage and other leather products.....]]></description><pubDate>October 15,2010</pubDate></item><item><title><![CDATA[FDI Inflows In August Dip 60% [October 15,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/383/FDI_Inflows_In_August_Dip_60%.html]]></guid><description><![CDATA[Foreign direct investment or FDI in India in August dipped for the third  consecutive month, by around 60 per cent to $1.33 billion from the  $3.26 billion in August last year, due to weak global economic recovery,  reports say.Contrary to the smart .....]]></description><pubDate>October 15,2010</pubDate></item><item><title><![CDATA[Rupee hits 25-month peak; RBI buys Dollars [October 15,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/384/Rupee_hits_25-month_peak;_RBI_buys_Dollars.html]]></guid><description><![CDATA[The rupee struggled to hold near 25-month highs on Thursday despite  dollar buying by the Reserve Bank of India (RBI) and large demand from  oil importers, but broad dollar losses helped the local unit surge 0.9%  on the day.The Reserve Bank bought d.....]]></description><pubDate>October 15,2010</pubDate></item><item><title><![CDATA[Gold Demand subdued as rupee hits 1-week low [October 13,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/374/Gold_Demand_subdued_as_rupee_hits_1-week_low.html]]></guid><description><![CDATA[MUMBAI: India gold demand was subdued on Tuesday afternoon with the  rupee hitting a 1-week low, making the dollar-quoted yellow metal  expensive, but dealers said underlying demand was still strong ahead of  festivals. "We did a few deals as traders.....]]></description><pubDate>October 13,2010</pubDate></item><item><title><![CDATA[India may ease curbs on Rice Exports, pressure prices [October 13,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/375/India_may_ease_curbs_on_Rice_Exports_pressure_prices.html]]></guid><description><![CDATA[India is likely to ease controls over non-basmati rice exports and sell  up to 3 million tonnes in 2011 due to burdensome stocks, which could  pressure global prices, traders said on Tuesday."There is going  to be huge pressure coming after the harve.....]]></description><pubDate>October 13,2010</pubDate></item><item><title><![CDATA[Coffee Exports to cross 2.1 LT mark in FY11: Board [October 13,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/376/Coffee_Exports_to_cross_21_LT_mark_in_FY11_Board.html]]></guid><description><![CDATA[NEW DELHI: Coffee exports from the country will cross the targeted 2.1  lakh tonnes mark in the current fiscal by a wide margin, thanks to  around 75% jump in shipments in the first half, a top Coffee Board  official has said. "Our target for exports.....]]></description><pubDate>October 13,2010</pubDate></item><item><title><![CDATA[Export Orders for Soyameal Soar [October 13,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/377/Export_Orders_for_Soyameal_Soar.html]]></guid><description><![CDATA[New Delhi: Asian demand for Indian soyameal, strong since July, has  strengthened further this month with exporters busy signing new deals.Exporters  are gung ho about export prospects in coming months. &ldquo;This year is  turning out to be good for.....]]></description><pubDate>October 13,2010</pubDate></item><item><title><![CDATA[Handicraft Exports post 22% surge in August [October 13,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/378/Handicraft_Exports_post_22%_surge_in_August.html]]></guid><description><![CDATA[Increased demand from the US and EU markets offered a 22 percent fillip  to India 's handicraft export, escalating it up to US $369 million in  the month of August this year against the export totaling to $303  million in August 2009.70 percent of In.....]]></description><pubDate>October 13,2010</pubDate></item><item><title><![CDATA[Imports of raw silk from China dip 12.5% [October 11,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/369/Imports_of_raw_silk_from_China_dip_125%.html]]></guid><description><![CDATA[Bangalore: Raw silk imports, particularly from China, declined by 12.5%  in 2009-10 on the back of the anti-dumping duty imposed by the  government on Chinese silk products.India imported 7,341 tonne of raw silk in the financial year 2009-10 compared.....]]></description><pubDate>October 11,2010</pubDate></item><item><title><![CDATA[Pulses Set for Short Term Sail: Prices may rise 10% [October 11,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/370/Pulses_Set_for_Short_Term_Sail_Prices_may_rise_10%.html]]></guid><description><![CDATA[At the onset of the festive season in India, the prices of Pulses are  set to sail as the demand for the Pulses is seen rising during the  festive season in the country.In India, demand for Pulses rise  by around 10-20% during the major festivals lik.....]]></description><pubDate>October 11,2010</pubDate></item><item><title><![CDATA[September Gold Import Soars 30 pc to 34.8 tonne [October 11,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/371/September_Gold_Import_Soars_30_pc_to_348_tonne.html]]></guid><description><![CDATA[MUMBAI: Skyrocketing price has not deterred India's love for the yellow  metal with imports zooming 30 per cent to 34.8 tonne in September over  the previous month.In August, gold import stood at 26.8 tonne, as per data given by the Bombay Bullion As.....]]></description><pubDate>October 11,2010</pubDate></item><item><title><![CDATA[Iron Ore Exports fell by 35.55 percent [October 11,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/372/Iron_Ore_Exports_fell_by_3555_percent.html]]></guid><description><![CDATA[NEW DELHI: Iron ore exports in August fell by 35.55 per cent to 4.38  million tonnes mainly due to the ban imposed by mineralrich state  Karnataka on iron ore shipments and the prevalent monsoon season.&ldquo;The  decline is mainly due to the Karnata.....]]></description><pubDate>October 11,2010</pubDate></item><item><title><![CDATA[India may Intervene to check Forex Inflows [October 11,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/373/India_may_Intervene_to_check_Forex_Inflows.html]]></guid><description><![CDATA[NEW DELHI: India&rsquo;s central bank vowed on Saturday to intervene in the  foreign exchange market if its currency became &ldquo;too volatile&rdquo; or  &ldquo;threatened to disrupt&rdquo; the macroeconomic situation of the country.The  move came a.....]]></description><pubDate>October 11,2010</pubDate></item><item><title><![CDATA[PTI Sensitive Items Imports up by 21.8 pc in April-July [October 08,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/363/PTI_Sensitive_Items_Imports_up_by_218_pc_in_April-July.html]]></guid><description><![CDATA[New Delhi, (PTI) India''s imports of sensitive items, including  foodgrains and milk products, have gone up by 21.8 per cent to Rs 23,039  crore during the April-July period of the current fiscal, from Rs  18,916 crore a year-ago. Foodgrains import s.....]]></description><pubDate>October 08,2010</pubDate></item><item><title><![CDATA[Indian Tyre Makers to Import over 30,000 T Rubber Oct-Dec [October 08,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/364/Indian_Tyre_Makers_to_Import_over_30000_T_Rubber_Oct-Dec.html]]></guid><description><![CDATA[That would put total imports for this fiscal year  close to the 170,679 tonnes of 2009/10, when India's needs nearly  doubled as domestic production was hit by a severe drought."Tyre  makers have already signed deals for 30,000 tonnes of rubber impor.....]]></description><pubDate>October 08,2010</pubDate></item><item><title><![CDATA[India Doesn't Plan to Restrict Foreign Direct Investment, Mukherjee Says [October 08,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/365/India_Doesn't_Plan_to_Restrict_Foreign_Direct_Investment_Mukherjee_Says.html]]></guid><description><![CDATA[India&rsquo;s government doesn&rsquo;t need to restrict foreign institutional  investment and foreign direct investment at this time, Finance Minister  Pranab Mukherjee said after the rupee climbed to near a two-year high.&ldquo;I  do not think that .....]]></description><pubDate>October 08,2010</pubDate></item><item><title><![CDATA[Drug Seizure issue Settled, EU Agrees to Amend Laws [October 08,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/366/Drug_Seizure_issue_Settled_EU_Agrees_to_Amend_Laws.html]]></guid><description><![CDATA[NEW DELHI/BERLIN: India has resolved the dispute with the European Union  over confiscation of Indian generic drugs by countries such as the  Netherlands and France, ending uncertainty for Indian pharma firms which  use Europe as a transit point for .....]]></description><pubDate>October 08,2010</pubDate></item><item><title><![CDATA[Gold Imports Defy High Prices, Jump by 25% [October 08,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/367/Gold_Imports_Defy_High_Prices_Jump_by_25%.html]]></guid><description><![CDATA[Gold prices continue to soar, and so do imports of the yellow metal.  Gold imports at Ahmedabad increased by 25% in the second quarter (July -  September) of the current year as compared to the corresponding period  in the last year. Thanks to Dhante.....]]></description><pubDate>October 08,2010</pubDate></item><item><title><![CDATA[Rupee at 25-month-high on Capital Inflows [October 08,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/368/Rupee_at_25-month-high_on_Capital_Inflows.html]]></guid><description><![CDATA[MUMBAI: The rupee strengthened to its strongest level in 25 months on  Thursday, probably on inflows related to a qualified institutional  placement by a large automobile company, four dealers said. By 12:15  p.m. (0645 GMT), the partially convertibl.....]]></description><pubDate>October 08,2010</pubDate></item><item><title><![CDATA[Detergent Prices may Rise on Duty Fears [October 07,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/358/Detergent_Prices_may_Rise_on_Duty_Fears.html]]></guid><description><![CDATA[MUMBAI: The Rs 12,000-crore detergent industry, teeming with as many as  1,000 brands, is in a bit of a quandary . Even while prices of soda ash  are on the rise, there is a move to impose an anti-dumping duty on the  detergent raw material, leading .....]]></description><pubDate>October 07,2010</pubDate></item><item><title><![CDATA[Govt Estimates Fertiliser need at 27.4 MT for Rabi Season [October 07,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/359/Govt_Estimates_Fertiliser_need_at_274_MT_for_Rabi_Season.html]]></guid><description><![CDATA[New Delhi, (PTI) Fertiliser demand is estimated to increase by around  1.5 million tonnes to 27.4 million tonnes (MT) during the ongoing rabi  season compared to the requirement in the last year''s winter crop  season.According to a senior fertiliser.....]]></description><pubDate>October 07,2010</pubDate></item><item><title><![CDATA[Exporters ask RBI to Rein in Rupee�s Climb [October 07,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/360/Exporters_ask_RBI_to_Rein_in_Rupee�s_Climb.html]]></guid><description><![CDATA[MUMBAI: With the partially-convertible Indian rupee touching a record  6-month high of 44.38 against the dollar, the chorus from exporters  demanding intervention by RBI is getting louder.A section of  trade is worried whether India can be a mute spe.....]]></description><pubDate>October 07,2010</pubDate></item><item><title><![CDATA[Gems and Jewellery Exports may Grow 30-35 pc in FY 11: GJEPC [October 07,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/361/Gems_and_Jewellery_Exports_may_Grow_30-35_pc_in_FY_11_GJEPC.html]]></guid><description><![CDATA[MUMBAI: India's gem and jewellery exports is expected to clock a 30-35  per cent growth in FY 11, a top industry official said today."We  expect a growth of 30-35 per cent in gems and jewellery exports in the  current financial year. We have already .....]]></description><pubDate>October 07,2010</pubDate></item><item><title><![CDATA[No Proposal for New SEZs before Commerce Ministry [October 07,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/362/No_Proposal_for_New_SEZs_before_Commerce_Ministry.html]]></guid><description><![CDATA[Possibly for the first time in its history, an inter-ministerial board  on SEZs is scheduled to meet on October 21 sans any fresh proposal from  developers for setting of the exports oriented zones. Instead, three  developers have knocked the doors o.....]]></description><pubDate>October 07,2010</pubDate></item><item><title><![CDATA[Fssai Issues Guidelines for Food Imports [October 06,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/352/Fssai_Issues_Guidelines_for_Food_Imports.html]]></guid><description><![CDATA[The Food Safety and Standards Authority of India (Fssai) has taken over  Port Health Organisation (PHO) functions at Mumbai and Nhava Sheva ports  with effect from September 13, 2010, and Haldia (Kolkata) and Chennai  ports earlier this month with th.....]]></description><pubDate>October 06,2010</pubDate></item><item><title><![CDATA[Handicrafts Exports up 22 Percent in August [October 06,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/353/Handicrafts_Exports_up_22_Percent_in_August.html]]></guid><description><![CDATA[NEW DELHI: India's handicrafts exports jumped by about 22 per cent to  USD 369 million in August, 2010, thanks to increased demand from US and  European markets .According to the Export Promotion Council for Handicrafts (EPCH), shipments stood at USD.....]]></description><pubDate>October 06,2010</pubDate></item><item><title><![CDATA[Gold Demand Retreats as Prices Hit High [October 06,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/354/Gold_Demand_Retreats_as_Prices_Hit_High.html]]></guid><description><![CDATA[MUMBAI: India gold buying retreated on Tuesday afternoon from a late  pick-up in the previous session as prices rose to a record, with a  weaker rupee also making the dollar-quoted yellow metal expensive,  dealers said."Domestic buying is almost nil .....]]></description><pubDate>October 06,2010</pubDate></item><item><title><![CDATA[Organic Cotton Loses Premium on Demand-Supply Mismatch [October 06,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/355/Organic_Cotton_Loses_Premium_on_Demand-Supply_Mismatch.html]]></guid><description><![CDATA[CHANDIGARH | COIMBATORE: A drop in demand for organic cotton in the West  amidst an increase in output has forced large retailers to cut  consumption. With the eco- friendly natural fibre unable to make a  qualitative difference, apparel makers are r.....]]></description><pubDate>October 06,2010</pubDate></item><item><title><![CDATA[Rupee Ends 10 Paise Lower Against Dollar [October 06,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/356/Rupee_Ends_10_Paise_Lower_Against_Dollar.html]]></guid><description><![CDATA[MUMBAI: The rupee ended lower by 10 paise against the US currency on  persistent dollar demand from banks and importers amid weak equity  markets.At the Interbank Foreign Exchange ( Forex) market, the domestic unit closed 10 paise down at 44.68/69 pe.....]]></description><pubDate>October 06,2010</pubDate></item><item><title><![CDATA[Finmin Opposes Plans to Put Curbs on FDI in Pharma Sector [October 06,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/357/Finmin_Opposes_Plans_to_Put_Curbs_on_FDI_in_Pharma_Sector.html]]></guid><description><![CDATA[NEW DELHI: The finance ministry has redflagged a move to impose curbs on  foreign direct investment in the pharmaceutical sector . The proposed  curbs were prompted by fears of large-scale take-over of Indian  companies by foreigners.In its response .....]]></description><pubDate>October 06,2010</pubDate></item><item><title><![CDATA[High Prices Hit September Gold Imports, Down 17.9 pc [October 05,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/347/High_Prices_Hit_September_Gold_Imports_Down_179_pc.html]]></guid><description><![CDATA[India&rsquo;s September gold imports fell an annual 17.9 percent to 32.6  tonnes, as high prices hit sentiment in the world's largest market for  the yellow metal, a trade body head said on Monday.The figure  was lower than a poll of 10 importers, tr.....]]></description><pubDate>October 05,2010</pubDate></item><item><title><![CDATA[India Sept Rubber Imports Increases by 54.3% [October 05,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/348/India_Sept_Rubber_Imports_Increases_by_543%.html]]></guid><description><![CDATA[India's natural rubber imports increased 54.3% to 28,720 ton from 18,612  ton, while export was nominal at 77 ton in September, as against 574  ton last year, according to provisional data released by the Rubber  Board of India.In April- September, o.....]]></description><pubDate>October 05,2010</pubDate></item><item><title><![CDATA[India Extends Edible Oil Export Ban to One More Year [October 05,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/349/India_Extends_Edible_Oil_Export_Ban_to_One_More_Year.html]]></guid><description><![CDATA[India&nbsp; has decided to continue with the ban on edible oil exports for  another year in order to reinforce the domestic supply, according to an  official statement.However, edible oil in branded packets up to 5 kg is being exempted from the expor.....]]></description><pubDate>October 05,2010</pubDate></item><item><title><![CDATA[Cotton Falls as India Resumes Exports; Orange-Juice Price Drops [October 05,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/350/Cotton_Falls_as_India_Resumes_Exports;_Orange-Juice_Price_Drops.html]]></guid><description><![CDATA[Cotton futures fell to a two-week low as India, the world&rsquo;s  second-largest grower, ended a six-month ban on exports by issuing  permits for shipments of 1.75 million bales. Orange juice declined.Louis  Dreyfus Corp., the biggest cotton trader,.....]]></description><pubDate>October 05,2010</pubDate></item><item><title><![CDATA[Rupee Falls by 11 Paise vs Dollar [October 05,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/351/Rupee_Falls_by_11_Paise_vs_Dollar.html]]></guid><description><![CDATA[MUMBAI: The rupee today weakened by 11 paise to settle at 44.58/59  against the US currency following dollar demand from importers.The  dollar strengthened against major world currencies in overseas markets,  which also weighed on the rupee sentiment.....]]></description><pubDate>October 05,2010</pubDate></item><item><title><![CDATA[RBI may Step in to Halt Rupee Rise [October 04,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/342/RBI_may_Step_in_to_Halt_Rupee_Rise.html]]></guid><description><![CDATA[The Reserve Bank of India (RBI) may intervene to prevent the rupee from  appreciating if it strengthens to Rs 43 or Rs 44 to a dollar, according  to primary dealers and bank economists.On Friday, the rupee  soared to a five-month high against the dol.....]]></description><pubDate>October 04,2010</pubDate></item><item><title><![CDATA[Govt Slaps Antidumping Duty on DVDs from Malaysia, Thailand [October 04,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/341/Govt_Slaps_Antidumping_Duty_on_DVDs_from_Malaysia_Thailand.html]]></guid><description><![CDATA[NEW DELHI: India has imposed an anti-dumping duty of  up to USD 50.51 per 1,000 pieces on DVDs from , and Vietnam to protect  the domestic industry."The anti-dumping duty imposed under this  notification shall be levied for a period of five years (un.....]]></description><pubDate>October 04,2010</pubDate></item><item><title><![CDATA[India's August Exports up 22.5% at $16.64bn [October 04,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/343/India's_August_Exports_up_225%_at_$1664bn.html]]></guid><description><![CDATA[NEW DELHI: Exports&nbsp; grew by 22.5 per cent in August to $16.64 billion  year-on-year on improved global demand for Indian merchandise, raising  hopes that the $200 billion target for the fiscal will be easily  achieved.Imports, however jumped by .....]]></description><pubDate>October 04,2010</pubDate></item><item><title><![CDATA[Coffee Exports Surge 76% in First Half [October 04,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/344/Coffee_Exports_Surge_76%_in_First_Half.html]]></guid><description><![CDATA[Bangalore: Coffee exports from India increased by 76% in volume terms in  the first half of the current financial year that ends in March,  compared to the same period in the previous financial year.During  April-September, the country exported 1.56 .....]]></description><pubDate>October 04,2010</pubDate></item><item><title><![CDATA[SEZs part of future plans [October 04,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/345/SEZs_part_of_future_plans.html]]></guid><description><![CDATA[Two years ago we leased out this land and built the office from ground  up by knocking down the earlier building. We built two facilities within  the NSEZ and have five acres to us. With the STPI tax exemptions very  likely to run out in March 2011, .....]]></description><pubDate>October 04,2010</pubDate></item><item><title><![CDATA[Chilli, Ginger Boost Spice Exports in Apr-Aug [October 04,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/346/Chilli_Ginger_Boost_Spice_Exports_in_Apr-Aug.html]]></guid><description><![CDATA[Kochi: Spice exports for the first five months of the current financial  year that ends in March is higher than the same period of last fiscal  mainly due to increased exports of chilli, ginger and certain seed  spices, Spices Board sources said.In A.....]]></description><pubDate>October 04,2010</pubDate></item><item><title><![CDATA[Current Account Deficit Triples as Imports Soar [October 01,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/334/Current_Account_Deficit_Triples_as_Imports_Soar.html]]></guid><description><![CDATA[MUMBAI: India&rsquo;s tripled in the June quarter as imports soared, raising  the spectre of volatile currency when the tide of overseas fund flows  turns.Interest rate differentials between the domestic market  and the developed nations raised the e.....]]></description><pubDate>October 01,2010</pubDate></item><item><title><![CDATA[Basmati Exporters Brave Foreign Curbs [October 01,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/335/Basmati_Exporters_Brave_Foreign_Curbs.html]]></guid><description><![CDATA[Basmati rice exporters are expecting 10-20 per cent growth this fiscal  at a time some countries have imposed restrictions on them.While  Iran has withdrawn import licences, Saudi Arabia has removed a subsidy  on imports. About 60 per cent of Indian .....]]></description><pubDate>October 01,2010</pubDate></item><item><title><![CDATA[India''s Synthetic Rubber Demand Outstrips Production [October 01,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/336/India''s_Synthetic_Rubber_Demand_Outstrips_Production.html]]></guid><description><![CDATA[New Delhi, (PTI) In sync with the trend in the previous years, India''s  synthetic rubber demand has far outstripped production during the first  quarter of the current fiscal owing to increased consumption from tyre  makers.During the April-June per.....]]></description><pubDate>October 01,2010</pubDate></item><item><title><![CDATA[SA Wants India to Lower 30% Import Tariff on Wine [October 01,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/337/SA_Wants_India_to_Lower_30%_Import_Tariff_on_Wine.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>October 01,2010</pubDate></item><item><title><![CDATA[Cotton Rally Hits Apparel Makers; Some Duck Better [October 01,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/338/Cotton_Rally_Hits_Apparel_Makers;_Some_Duck_Better.html]]></guid><description><![CDATA[MUMBAI: A spurt in has spelt misery for Indian as overseas buyers resist  price hikes which could see Indian exports falling as much as 10  percent in the year-ending March.Global apparel markets, still limping to recovery from a recession, saw New Y.....]]></description><pubDate>October 01,2010</pubDate></item><item><title><![CDATA[India Imports $100 Million Almond from California [September 30,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/329/India_Imports_$100_Million_Almond_from_California.html]]></guid><description><![CDATA[WASHINGTON: From a small beginning in 1970s, India now imports over $100  million worth of California almond making it the number-one US export  to India."In the 1970s, Blue Diamond provided the Indian market  with California almonds, a relationship .....]]></description><pubDate>September 30,2010</pubDate></item><item><title><![CDATA[ANALYSIS - India's Mideast Crude Imports Slump may Reverse [September 30,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/330/ANALYSIS_-_India's_Mideast_Crude_Imports_Slump_may_Reverse.html]]></guid><description><![CDATA[Increased sales to the world's fourth-largest oil importer would come as  a boon to Middle East producers, facing tough competition in Asia from  Russia and other non-OPEC suppliers.Gulf oil's share of imports  into number two consumer China fell to .....]]></description><pubDate>September 30,2010</pubDate></item><item><title><![CDATA[Soy Refined Oil may Continue Down Trend on Profit Booking [September 30,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/331/Soy_Refined_Oil_may_Continue_Down_Trend_on_Profit_Booking.html]]></guid><description><![CDATA[Soy refined oil prices fell on Tuesday due to profit booking and fresh  selling. Please note that prices rose sharply during last week due to  emerge of physical demand and buying support in the futures market. In  fact now weather is fine and monsoo.....]]></description><pubDate>September 30,2010</pubDate></item><item><title><![CDATA[Govt to Cut Mills' Obligation to Sell Low-Cost Sugar [September 30,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/332/Govt_to_Cut_Mills'_Obligation_to_Sell_Low-Cost_Sugar.html]]></guid><description><![CDATA[India may allow sugar exports after the Diwali festival in November and  let millers sell a smaller proportion of their output at low, state-set  rates as production is set to rise by a third, its farm minister said.Sugar  output in India, the second.....]]></description><pubDate>September 30,2010</pubDate></item><item><title><![CDATA[India can Export 75-80 Lac Bales Cotton this Year: Pawar [September 30,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/333/India_can_Export_75-80_Lac_Bales_Cotton_this_Year_Pawar.html]]></guid><description><![CDATA[NEW DELHI: The government has fixed a cap of 55 lakh bales on for the  2010-11 but Agriculture Minister has said that there is a scope for  increasing it to 75-80 lakh bales."The cotton crop is extremely  good this year. We can export upto 75-80 lakh.....]]></description><pubDate>September 30,2010</pubDate></item><item><title><![CDATA[POLL - India's September Gold Imports Seen Down 8.7 pct y/y [September 29,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/323/POLL_-_India's_September_Gold_Imports_Seen_Down_87_pct_y/y.html]]></guid><description><![CDATA[India's gold imports continued to recover in September from lows hit in  June and are expected to double from last month's levels, a Reuters poll  showed, as a stronger rupee, higher farm incomes and festivals stoked  demand.The median forecast for g.....]]></description><pubDate>September 29,2010</pubDate></item><item><title><![CDATA[Chocolates to Turn Costly on Soaring Cocoa Prices [September 29,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/324/Chocolates_to_Turn_Costly_on_Soaring_Cocoa_Prices.html]]></guid><description><![CDATA[KOCHI: Chocolate manufacturers appear to be getting ready for another  round of price increase as domestic cocoa has become costlier amid a  poor second harvest. The runaway rise in cocoa bean prices compelled  companies such as Campco to raise produ.....]]></description><pubDate>September 29,2010</pubDate></item><item><title><![CDATA[Rice Futures Rise to Five-Month High on India Demand Speculation [September 29,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/325/Rice_Futures_Rise_to_Five-Month_High_on_India_Demand_Speculation.html]]></guid><description><![CDATA[Rice climbed to the highest price in almost five months on speculation  that demand will increase in India, the second-biggest consumer.The  country will extend a policy that allows tax-free imports of the grain  until Jan. 31, Farm Minister Sharad P.....]]></description><pubDate>September 29,2010</pubDate></item><item><title><![CDATA[India to Allow Cotton Shipments Statrting Nov. 1 Boosting Local Supplies [September 29,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/326/India_to_Allow_Cotton_Shipments_Statrting_Nov_1_Boosting_Local_Supplies.html]]></guid><description><![CDATA[India, the second-biggest grower of cotton, will allow shipments  starting Nov. 1, said Rita Menon, secretary in the ministry of textiles.Suppliers  can register shipments starting Oct. 1 to export as much as 5.5 million  bales of 170 kilograms each,.....]]></description><pubDate>September 29,2010</pubDate></item><item><title><![CDATA[India: Garlic Prices Shoot up on Rise in Exports, Ban on Chinese Imports [September 29,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/327/India_Garlic_Prices_Shoot_up_on_Rise_in_Exports_Ban_on_Chinese_Imports.html]]></guid><description><![CDATA[A housewife in Chennai who bought half a kg of garlic from her  neighbourhood grocer a couple of days ago was shocked when it cost her  Rs 100. The price had skyrocketed since she last bought it some three  months ago. Then, she had paid around Rs 60.....]]></description><pubDate>September 29,2010</pubDate></item><item><title><![CDATA[Chilli Retains Top Spot in India's Spices Exports [September 29,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/328/Chilli_Retains_Top_Spot_in_India's_Spices_Exports.html]]></guid><description><![CDATA[India s spices exports surged during April August period by 19% as  compared to last year with as usual chilli scored top among other spices  in exports. According to latest data released by the Spices Board of  India chilli exports in the first five.....]]></description><pubDate>September 29,2010</pubDate></item><item><title><![CDATA[Veg Oil Imports may Touch 95 Lakh Tonnes in 2010-11 [September 28,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/317/Veg_Oil_Imports_may_Touch_95_Lakh_Tonnes_in_2010-11.html]]></guid><description><![CDATA[NEW DELHI: India's vegetable oil imports are likely to increase to 93-95  lakh tonnes during the next oil year, ending October, 2011, an expert  said."For the next oil year (November, 2010, to October, 2011),  Indian vegetable oil imports will expand.....]]></description><pubDate>September 28,2010</pubDate></item><item><title><![CDATA[Drop Anti-Dumping Probe on Stainless Steel Imports: Utensil cos [September 28,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/318/Drop_Anti-Dumping_Probe_on_Stainless_Steel_Imports_Utensil_cos.html]]></guid><description><![CDATA[NEW DELHI: Upset over a probe into whether anti-dumping duty should be  imposed on imports of certain types of stainless steel products,  utensils manufacturers today said any tax on the items would hurt an  industry that employs over three lakh peop.....]]></description><pubDate>September 28,2010</pubDate></item><item><title><![CDATA[India to Grow 8.5% in FY2010, High Inflation, Rising Rupee Pose Threats - ADB [September 28,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/319/India_to_Grow_85%_in_FY2010_High_Inflation_Rising_Rupee_Pose_Threats_-_ADB.html]]></guid><description><![CDATA[The Asian Development Outlook 2010 Update (ADO Update), released today,  raised its gross domestic product (GDP) growth figure for FY2010 to 8.5%  from ADB&rsquo;s April projection of 8.2%, while retaining its FY2011  estimate at 8.7%. Growth is bein.....]]></description><pubDate>September 28,2010</pubDate></item><item><title><![CDATA[Wheat Imports Rise by 27 pc in H1 [September 28,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/320/Wheat_Imports_Rise_by_27_pc_in_H1.html]]></guid><description><![CDATA[NEW DELHI: India has contracted to import a whopping 2 lakh tonnes of  wheat--27 per cent more than in the entire 2009-10-- in the first half  of the current fiscal but shipments are unlikely to take place soon as  global prices are high, Roller Four.....]]></description><pubDate>September 28,2010</pubDate></item><item><title><![CDATA[Rupee Meets Resistance as it Rises Past 45/Dollar [September 28,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/321/Rupee_Meets_Resistance_as_it_Rises_Past_45/Dollar.html]]></guid><description><![CDATA[MUMBAI: The rupee met with strong resistance from importers and oil  firms when it breached the 45 per dollar mark on Monday but continued  foreign fund buying of local shares helped it hold near four-and-half  month highs.* At 2:22 p.m., the partial.....]]></description><pubDate>September 28,2010</pubDate></item><item><title><![CDATA[Delta India to Set up Export-Oriented Plant in Channai [September 28,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/322/Delta_India_to_Set_up_Export-Oriented_Plant_in_Channai.html]]></guid><description><![CDATA[Sep 27 (PTI) Delta India, part of the leading UPS and telecom power  solution and green energy provider Delta Energy Systems, has decided to  bet big on India's huge telecom and renewable energy sectors by deciding  to set up a plant in Chennai and p.....]]></description><pubDate>September 28,2010</pubDate></item><item><title><![CDATA[Commerce Ministry not in Favour of Imposing Anti-Dumping Duty on Pen G, 6 APA [September 27,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/311/Commerce_Ministry_not_in_Favour_of_Imposing_Anti-Dumping_Duty_on_Pen_G_6_APA.html]]></guid><description><![CDATA[The lingering stalemate over the controversial issue of imposing  anti-dumping duty on imports of two pharma raw materials, penicillin G  (Pen G) and 6 APA, is more or less over as the union commerce ministry  is learnt to have decided not to impose .....]]></description><pubDate>September 27,2010</pubDate></item><item><title><![CDATA[India Imports a Net of $600 Million of Rough Diamonds in August [September 27,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/312/India_Imports_a_Net_of_$600_Million_of_Rough_Diamonds_in_August.html]]></guid><description><![CDATA[India imported 8.03 million carats of rough diamonds worth $689.7  million in August, a 21.6 percent growth in volume and 52.9 percent in  value, according to provisional data released Sunday by the Gem &amp;  Jewellery Export Promotion Council (GJEP.....]]></description><pubDate>September 27,2010</pubDate></item><item><title><![CDATA[Ban on Cotton Exports to Stay: Indian govt [September 27,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/313/Ban_on_Cotton_Exports_to_Stay_Indian_govt.html]]></guid><description><![CDATA[Indian government has decided not to lift ban on cotton export and has  not give any specific date either in this respect, whereas the said ban  was to be lifted on October 1, 2010.Members of Pakistan Textile  Mills Association (APTMA) and Pakistan Y.....]]></description><pubDate>September 27,2010</pubDate></item><item><title><![CDATA[Imported Edible Oil to Get Costly: Trade [September 27,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/314/Imported_Edible_Oil_to_Get_Costly_Trade.html]]></guid><description><![CDATA[Mumbai: Increased consumption of edible oils by India would henceforth  be coming at higher prices, because of the structural deficit in global  edible oil supplies, putting an added pressure on the already high food  inflation.Renowned domestic and .....]]></description><pubDate>September 27,2010</pubDate></item><item><title><![CDATA[Cardamom Prices Dip Over Guatemalan Import Threat [September 27,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/315/Cardamom_Prices_Dip_Over_Guatemalan_Import_Threat.html]]></guid><description><![CDATA[KOCHI: Cardamom prices in India are coming under pressure with  speculation that the Guatemalan crop is reaching the Indian shores amid a  lukewarm pre-Diwali demand. Expectations of higher arrivals in the  coming months are aiding the negative senti.....]]></description><pubDate>September 27,2010</pubDate></item><item><title><![CDATA[India may Levy 14% Duty on Chinese Power Equipment [September 27,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/316/India_may_Levy_14%_Duty_on_Chinese_Power_Equipment.html]]></guid><description><![CDATA[India is likely to impose a 14% duty on power equipment imported from  China, said Vilasrao Deshmukh, minister of the country's Ministry of  Heavy Industries, on last Friday.Deshmukh said that the Ministry  of Heavy Industries has asked the Ministry .....]]></description><pubDate>September 27,2010</pubDate></item><item><title><![CDATA[High Oilseeds Output won�t Cut Oil Imports: Trade [September 25,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/305/High_Oilseeds_Output_won�t_Cut_Oil_Imports_Trade.html]]></guid><description><![CDATA[Mumbai: India's edible oil production is likely to increase by around  6.2 lakh tonne in the new crop marketing year that starts from November  largely due to higher production of groundnut and soybean oil, but it  won't be enough to stop the country.....]]></description><pubDate>September 25,2010</pubDate></item><item><title><![CDATA[Gold Buying Remains Weak for Third day [September 25,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/306/Gold_Buying_Remains_Weak_for_Third_day.html]]></guid><description><![CDATA[MUMBAI: India gold buying remained weak for the third consecutive day on  Friday as prices overseas hit a new record, despite the rupee's rise,  which makes the dollar-quoted asset cheaper, analysts said. "There are  no domestic buyers, some exporter.....]]></description><pubDate>September 25,2010</pubDate></item><item><title><![CDATA[Corn Exports to Rise as Feed Prices Climb [September 25,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/307/Corn_Exports_to_Rise_as_Feed_Prices_Climb.html]]></guid><description><![CDATA[Singapore, New Delhi: India's corn exports are set to climb as Asian  feed producers scramble to lock in cheaper cargoes in the face of  strengthening global grain prices and a lack of feed wheat from the  drought-parched Black Sea area.The country c.....]]></description><pubDate>September 25,2010</pubDate></item><item><title><![CDATA[Apparel Exporters Up in Arms Against Cotton Exports [September 25,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/308/Apparel_Exporters_Up_in_Arms_Against_Cotton_Exports.html]]></guid><description><![CDATA[Come October India will resume export of cotton. While this will bring  cheer to millions of cotton farmers, the textile industry is up in arms  as their raw material cotton would get expensive. Apparel exporters say  this could lead to a shortage of.....]]></description><pubDate>September 25,2010</pubDate></item><item><title><![CDATA[New Export Norms for Pharma Sector Soon [September 25,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/309/New_Export_Norms_for_Pharma_Sector_Soon.html]]></guid><description><![CDATA[The Centre, in a bid to counter adverse campaign against quality of  Indian drugs in some countries, will soon come out with new export  regulations for pharma products to trace the source of the exported  item.Talking to reporters on the sidelines o.....]]></description><pubDate>September 25,2010</pubDate></item><item><title><![CDATA[Focus on Value-Added Products to Boost Spices Export [September 25,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/310/Focus_on_Value-Added_Products_to_Boost_Spices_Export.html]]></guid><description><![CDATA[Mumbai: India's spices exports are likely to rise 10% in FY11, buoyed by  a revival in world economy that is boosting demand and due to a focus  on value-added products, said a top Spices Board official.&ldquo;Now we also export a lot of spice oils a.....]]></description><pubDate>September 25,2010</pubDate></item><item><title><![CDATA[India Unlikely to Tax Crude Veg Oil Imports: Mistry [September 24,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/300/India_Unlikely_to_Tax_Crude_Veg_Oil_Imports_Mistry.html]]></guid><description><![CDATA[NEW DELHI: India is likely to continue with tax-free imports of crude  vegetable oils despite record purchases and mounting pressure from  refiners to curb overseas supplies, a widely respected analyst said on  Wednesday.India, the world's biggest ed.....]]></description><pubDate>September 24,2010</pubDate></item><item><title><![CDATA[Cotton Futures Decline Most Since June on Opposition to India Export Ban [September 24,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/301/Cotton_Futures_Decline_Most_Since_June_on_Opposition_to_India_Export_Ban.html]]></guid><description><![CDATA[Cotton futures fell the most since June, after touching a 15-year high  yesterday, as India&rsquo;s farm minister came out against the government&rsquo;s  proposed limits on exports.Farmers in India, the world&rsquo;s  second-biggest cotton grower an.....]]></description><pubDate>September 24,2010</pubDate></item><item><title><![CDATA[MMTC may hike Oct-Dec Gold Imports 37% [September 24,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/302/MMTC_may_hike_Oct-Dec_Gold_Imports_37%.html]]></guid><description><![CDATA[India's second-biggest gold importer MMTC Ltd&nbsp; expects to hike imports  as the festival season and higher incomes boost consumer spending,  Director Ved Prakash said, supporting record high prices.State-run  MMTC, which trades in a range of comm.....]]></description><pubDate>September 24,2010</pubDate></item><item><title><![CDATA[Iron ore price: High Capacity, Low Demand Dim Prospects [September 24,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/303/Iron_ore_price_High_Capacity_Low_Demand_Dim_Prospects.html]]></guid><description><![CDATA[Since iron ore is a key ingredient in making steel, prices of both move  in tandem. Given the weak demand for steel, iron ore price is likely to  soften in the near term. This, along with a lower export potential, is  likely to impact financials of t.....]]></description><pubDate>September 24,2010</pubDate></item><item><title><![CDATA[Rupee Weakens on Talk of Importers Chasing Dollar [September 24,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/304/Rupee_Weakens_on_Talk_of_Importers_Chasing_Dollar.html]]></guid><description><![CDATA[The rupee weakened, snapping a six-day gain, on speculation importers stepped up dollar purchases to settle month-end bills.The  currency also declined on speculation the Reserve Bank of India will  seek to curb the biggest monthly advance since May .....]]></description><pubDate>September 24,2010</pubDate></item><item><title><![CDATA[Natural Rubber Supply to Remain Tight Into Next Year [September 22,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/294/Natural_Rubber_Supply_to_Remain_Tight_Into_Next_Year.html]]></guid><description><![CDATA[Natural rubber will remain in tight supply next year as yields from  aging trees decline and output growth slows, said the Association of  Natural Rubber Producing Countries.&ldquo;While supply remains tight  throughout this year, the possibility of .....]]></description><pubDate>September 22,2010</pubDate></item><item><title><![CDATA[Palm, Soybean Oils Imports by India to Reach Record as Economy Accelerates [September 22,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/295/Palm_Soybean_Oils_Imports_by_India_to_Reach_Record_as_Economy_Accelerates.html]]></guid><description><![CDATA[India, the top buyer of vegetable oils after China, may import a record  quantity of soybean and palm oils for a fourth year as growing  population and incomes increase demand for processed foods, a  processors&rsquo; group said.Purchases may climb t.....]]></description><pubDate>September 22,2010</pubDate></item><item><title><![CDATA[India May Raise Cotton-Export Limit as Output Surges, Group Says [September 22,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/296/India_May_Raise_Cotton-Export_Limit_as_Output_Surges_Group_Says.html]]></guid><description><![CDATA[India, the second-biggest cotton producer and exporter, may boost its  limit on shipments as output surges to a record next year, according to a  growers association.Production will gain to 34.5 million bales,  the highest ever, Nayan Mirani, vice pr.....]]></description><pubDate>September 22,2010</pubDate></item><item><title><![CDATA[Gold Jewellery Export from India Jumps by 49% [September 22,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/297/Gold_Jewellery_Export_from_India_Jumps_by_49%.html]]></guid><description><![CDATA[Despite the rising prices of precious metals, there is no stopping for  gold jewellery industry in India. Export of gold jewellery from  India--the largest consumer of the yellow metal in the world--is showing  steady jump in each quarter.According t.....]]></description><pubDate>September 22,2010</pubDate></item><item><title><![CDATA[India Seafood Exports Grow 22% [September 22,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/298/India_Seafood_Exports_Grow_22%.html]]></guid><description><![CDATA[According to the Seafood Exporters Association of India (SEAI), the  country&rsquo;s exports yielded $638 million (&euro;485.6 million) during the first  four months of FY 2010-11 compared with $517.4 million (&euro;393.9 million)  during the same pe.....]]></description><pubDate>September 22,2010</pubDate></item><item><title><![CDATA[India - Traders Seek Duty Sops for Knitwear Exports [September 22,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/299/India_-_Traders_Seek_Duty_Sops_for_Knitwear_Exports.html]]></guid><description><![CDATA[Tirupur Exporters Association (TEA) has urged the finance minister to  increase the duty drawback rates to 10% so as to protect knitwear  exports.According to A Sakthivel, president of the association,  the department of revenue, ministry of finance,.....]]></description><pubDate>September 22,2010</pubDate></item><item><title><![CDATA[Oilseeds, Soyoil Firm on Global cues, Rains [September 21,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/289/Oilseeds_Soyoil_Firm_on_Global_cues_Rains.html]]></guid><description><![CDATA[MUMBAI: India's oilseeds and soyoil futures gained more than 1 percent  on Monday afternoon tracking firm overseas markets and buoyed by  concerns rains may slow down the pace of soybean harvesting at home,  analysts said. Chicago soy rose more than .....]]></description><pubDate>September 21,2010</pubDate></item><item><title><![CDATA[Rupee Retreats from 3-Month Peak on Import Demand [September 21,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/290/Rupee_Retreats_from_3-Month_Peak_on_Import_Demand.html]]></guid><description><![CDATA[MUMBAI: The rupee pulled off from three month highs on Monday by dollar  demand from oil companies and importers but gains in local shares and  broad losses in the dollar boosted sentiment. The partially convertible  rupee closed at 45.70/71 per doll.....]]></description><pubDate>September 21,2010</pubDate></item><item><title><![CDATA[Global Soybean may touch 254.89mn tons [September 21,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/291/Global_Soybean_may_touch_25489mn_tons.html]]></guid><description><![CDATA[Spice complex on National Commodity and Derivative Exchange ended firm  during the day as turmeric recovered whereas October pepper and Jeera  futures slipped and closed with a net change of 0.38% and 0.07%  respectively. Fundamental factors Pepper D.....]]></description><pubDate>September 21,2010</pubDate></item><item><title><![CDATA[Cotton to Set New Peak on Global cues, Supply [September 21,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/292/Cotton_to_Set_New_Peak_on_Global_cues_Supply.html]]></guid><description><![CDATA[MUMBAI: Robust demand amid a supply squeeze and a rally in world markets  will help Indian cotton set a new record this week, though government  curbs on exports may limit the upside, dealers said on Monday."From  every corner of the world we are get.....]]></description><pubDate>September 21,2010</pubDate></item><item><title><![CDATA[India Pepper Futures Tumble Further [September 21,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/293/India_Pepper_Futures_Tumble_Further.html]]></guid><description><![CDATA[India Pepper futures extended the loss with futures dipping more than Rs  150 on heavy short selling triggered by weak export demand.NCDEX  Pepper for the October settlement slumped Rs 161 or 0.81 percent to the  session low of Rs 19910 per 100 kg. T.....]]></description><pubDate>September 21,2010</pubDate></item><item><title><![CDATA[Silk Exports Fall 10% on Low US Demand [September 20,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/284/Silk_Exports_Fall_10%_on_Low_US_Demand.html]]></guid><description><![CDATA[Bangalore: India has missed the target set for silk export earnings in  2009-10 because of falling shipments to the US, a major importer of  Indian silk materials.The country's silk exports in 2009-10  touched Rs 2,871 crore, down 10% from Rs 3,178 c.....]]></description><pubDate>September 20,2010</pubDate></item><item><title><![CDATA[Seafood Exports to Pick up on US, Europe Semand [September 20,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/285/Seafood_Exports_to_Pick_up_on_US_Europe_Semand.html]]></guid><description><![CDATA[Kochi: Seafood exports from India are on a roll with demand picking up  in the US and European market, officials of the Seafood Exporters  Association of India (SEAI) said.Exports have been aided by  higher catch in India, which has also contributed .....]]></description><pubDate>September 20,2010</pubDate></item><item><title><![CDATA[OWS Looks to Raise Rs 300 cr for SEZ [September 20,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/286/OWS_Looks_to_Raise_Rs_300_cr_for_SEZ.html]]></guid><description><![CDATA[Oilfield Warehouse and Services (OWS), a Mumbai-based oil and gas sector  focussed material management company, is in talks with around half a  dozen private equity (PE) funds to raise Rs 300 crore to fund the cost  of a port-based special economic z.....]]></description><pubDate>September 20,2010</pubDate></item><item><title><![CDATA[Indian Textile Producers Press for an Export Ban [September 20,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/287/Indian_Textile_Producers_Press_for_an_Export_Ban.html]]></guid><description><![CDATA[After the panic caused by Russia&rsquo;s wheat export ban, a proposed cotton  export ban by Indian producers may cause the next fissure in global  trade.Indian textile producers are currently pressing for a ban  on cotton export fearing they might no.....]]></description><pubDate>September 20,2010</pubDate></item><item><title><![CDATA[Finance Ministry Report Calls for Lifting Curb on Wheat Exports [September 20,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/288/Finance_Ministry_Report_Calls_for_Lifting_Curb_on_Wheat_Exports.html]]></guid><description><![CDATA[The Finance Ministry has pitched for lifting curbs on wheat exports so  that India could take advantage of the crop&rsquo;s scarcity in the global  market due to production loss in countries like Russia and Pakistan.India  could make use of the globa.....]]></description><pubDate>September 20,2010</pubDate></item><item><title><![CDATA[Wheat slightly up on lower-level buying [September 18,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/279/Wheat_slightly_up_on_lower-level_buying.html]]></guid><description><![CDATA[MUMBAI: India's wheat futures were slightly up in afternoon trades on  Friday due to some buying interest at lower levels, analysts said.  Expectation of bumper crop and the government's stock release plan,  however, restricted the gains. "Wheat is t.....]]></description><pubDate>September 18,2010</pubDate></item><item><title><![CDATA[Rising Rupee Caps Yellow Metal's Local Ascent [September 18,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/280/Rising_Rupee_Caps_Yellow_Metal's_Local_Ascent.html]]></guid><description><![CDATA[MUMBAI: Gold in the overseas market made a fresh high of around $1,283  an ounce on Friday, but its price in rupees was capped due to a 31 paise  gain in the local unit versus the dollar.Rising prices have led to a slowdown in sales ahead of the fest.....]]></description><pubDate>September 18,2010</pubDate></item><item><title><![CDATA[DCGI to Scan Foreign Drug Facilities [September 18,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/281/DCGI_to_Scan_Foreign_Drug_Facilities.html]]></guid><description><![CDATA[Hyderabad: As part of its proposal to inspect manufacturing facilities  in countries from where drugs are imported, the Drug Controller General  of India (DCGI) has started discussions with the ministry to send drug  inspectors to those countries to .....]]></description><pubDate>September 18,2010</pubDate></item><item><title><![CDATA[India: Cashew Prices UP on High Demand [September 18,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/282/India_Cashew_Prices_UP_on_High_Demand.html]]></guid><description><![CDATA[Cashew nut prices have climbed to record levels ahead of the festival season due to higher demand and lower availability. The prices are so high that they are bound to upset the calculations of even the bulk buyers. Speaking to ET, Mr Madhukar Tikade.....]]></description><pubDate>September 18,2010</pubDate></item><item><title><![CDATA[Govt should consider lifting wheat export curb: Finmin report [September 18,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/283/Govt_should_consider_lifting_wheat_export_curb_Finmin_report.html]]></guid><description><![CDATA[New Delhi, Sep 17 (PTI) The Finance Ministry today said curb on wheat  exports should be lifted so as to gain from the global scarcity that has  been created due to production loss in major producing nations like  Russia and Ukraine."If India could l.....]]></description><pubDate>September 18,2010</pubDate></item><item><title><![CDATA[India's anti-dumping move violates WTO law [September 17,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/274/India's_anti-dumping_move_violates_WTO_law.html]]></guid><description><![CDATA[India's decision to impose anti-dumping duties on imports of  polypropylene from Saudi Arabia and Oman violates World Trade  Organisation (WTO) rules and regulations, Gulf petrochemicals producers  say.'India ignored the feedstock cost provided by Sa.....]]></description><pubDate>September 17,2010</pubDate></item><item><title><![CDATA[Refined Soya Oil Recovers From Intraday Losses On Fresh Buying [September 17,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/275/Refined_Soya_Oil_Recovers_From_Intraday_Losses_On_Fresh_Buying.html]]></guid><description><![CDATA[India's refined soya oil futures bounced back from the intraday losses  in the afternoon sessions lead by fresh buying and short covering in the  near month futures. Refined Soya Oil futures are weak fundamentally on  higher imports, higher stock lev.....]]></description><pubDate>September 17,2010</pubDate></item><item><title><![CDATA[RBI may have almost done with rate tweaks [September 17,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/276/RBI_may_have_almost_done_with_rate_tweaks.html]]></guid><description><![CDATA[MUMBAI: The surprise in the Reserve Bank of India&rsquo;s mid-quarter policy  review was not the hike, but the central bank&rsquo;s observation that  following the hike, policy rates were close to equilibrium. The central  bank has also said its atte.....]]></description><pubDate>September 17,2010</pubDate></item><item><title><![CDATA[Govt plans policy options to boost pharma [September 17,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/277/Govt_plans_policy_options_to_boost_pharma.html]]></guid><description><![CDATA[NEW DELHI: The government is looking at policy options to strengthen  India&rsquo;s thriving pharmaceutical industry and check growing instances of  takeovers by foreign players.The commerce department&rsquo;s  pharmaceuticals exports promotion counc.....]]></description><pubDate>September 17,2010</pubDate></item><item><title><![CDATA[US plans to double exports with India [September 17,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/278/US_plans_to_double_exports_with_India.html]]></guid><description><![CDATA[Obama administration is trying to resolve key bilateral trade irritants  with India so that it can significantly increase American exports to the  country.US is working on plans to double exports within five years and  the report outlines ways in whi.....]]></description><pubDate>September 17,2010</pubDate></item><item><title><![CDATA[Vegetable oil imports at record high in Aug [September 15,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/269/Vegetable_oil_imports_at_record_high_in_Aug.html]]></guid><description><![CDATA[New Delhi: India's import of vegetable oils crossed a record 1 million  tonne in August as stockists and processors purchased heavily to meet  the increased demand ahead of festival season.According to the  latest data from the Solvent Extractors' As.....]]></description><pubDate>September 15,2010</pubDate></item><item><title><![CDATA[India's imports of sensitive items up 13.6% in Q1 [September 15,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/270/India's_imports_of_sensitive_items_up_136%_in_Q1.html]]></guid><description><![CDATA[India's total imports of sensitive&nbsp; items in April-June this financial  year was Rs 16,190.13 crore, up 13.6 per cent from the level of Rs  14,252.09 crore recorded in the first quarter of 2009-10, an official  statement said here today.It said .....]]></description><pubDate>September 15,2010</pubDate></item><item><title><![CDATA[Natural rubber imports fall 17% [September 15,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/271/Natural_rubber_imports_fall_17%.html]]></guid><description><![CDATA[India's import of natural rubber declined by nearly 17% to 18,834 tonne  in August, 2010, compared to 22,640 tonne in the same month last year,  according to the Rubber Board. The total import of natural rubber in  first five months of current fiscal.....]]></description><pubDate>September 15,2010</pubDate></item><item><title><![CDATA[Rupee weakens as importers chase dollar [September 15,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/272/Rupee_weakens_as_importers_chase_dollar.html]]></guid><description><![CDATA[The rupee weakened, snapping a three-day advance, on speculation the  refiners stepped up dollar purchases to pay for costlier crude oil  imports.The rupee declined 0.1% to 46.4525 per dollar at the  close of trade on Tuesday. It touched 46.245 on Mo.....]]></description><pubDate>September 15,2010</pubDate></item><item><title><![CDATA[India to �Sort Out� Rubber, Tyre Duty Inequality [September 15,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/273/India_to_�Sort_Out�_Rubber_Tyre_Duty_Inequality.html]]></guid><description><![CDATA[India&rsquo;s government may be set to rectify the disparity between duties  charged on natural rubber and imported tyres. The Press Trust of India  reports that commerce secretary Dr Rahul Khullar told journalists on the  sidelines of a Confederatio.....]]></description><pubDate>September 15,2010</pubDate></item><item><title><![CDATA[Govt may lower rubber import tax: Adviser [September 14,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/264/Govt_may_lower_rubber_import_tax_Adviser.html]]></guid><description><![CDATA[The government may cut the tax on rubber imports to Rs 20.46 (44 cents)  per kilogramme (kg) from the current 20% levy, rejecting tyre makers'  demand for a steeper decrease, a government policy adviser said.The  proposed fixed duty would equate to a.....]]></description><pubDate>September 14,2010</pubDate></item><item><title><![CDATA[Gold ETF collection doubles to 12.13T in August [September 14,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/265/Gold_ETF_collection_doubles_to_1213T_in_August.html]]></guid><description><![CDATA[MUMBAI: Gold collection under exchange-traded funds for August almost  doubled to 12.132 tonnes as investors sought hedge to protect wealth  from global economic uncertainty, data from the funds showed. Gold  futures on the Multi Commodity Exchange (.....]]></description><pubDate>September 14,2010</pubDate></item><item><title><![CDATA[US, EU put Indian honey on high suspect list, faces ban [September 14,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/266/US_EU_put_Indian_honey_on_high_suspect_list_faces_ban.html]]></guid><description><![CDATA[Indian bee farmers in general and those from Punjab  in particular are a worried lot as two of their major export markets &ndash;  the US and the EU &ndash; have put their products on the &ldquo;high suspect list&rdquo;  for containing traces of anti.....]]></description><pubDate>September 14,2010</pubDate></item><item><title><![CDATA[India strives to revive tea exports to Egypt [September 14,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/267/India_strives_to_revive_tea_exports_to_Egypt.html]]></guid><description><![CDATA[COONOOR: Indian tea, which was the flavour of Egyptians till the  nineties, is striving to win back its share of the lucrative market  through aggressive promotional activities."We have revived the  tea centre at the Indian embassy in Cairo to promot.....]]></description><pubDate>September 14,2010</pubDate></item><item><title><![CDATA[India�s cotton industry pleads for export ban [September 14,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/268/India�s_cotton_industry_pleads_for_export_ban.html]]></guid><description><![CDATA[India&rsquo;s textile industry has urged Manmohan Singh, the prime minister,  to ban cotton exports until January, complaining that local mills face  serious domestic scarcity and spiralling prices after excessive exports.India,  the second-biggest c.....]]></description><pubDate>September 14,2010</pubDate></item><item><title><![CDATA[Rubber import duty: Centre's decision not justified, say [September 13,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/258/Rubber_import_duty_Centre's_decision_not_justified_say.html]]></guid><description><![CDATA[(PTI): The commerce ministry's decision to modify import duty on rubber  was unjustified and should be reexamined, according to Kerala  Congress(M) chairman K M Mani. "The Centre earlier imposed import duty  of 40 per cent and reduced it to 13 per ce.....]]></description><pubDate>September 13,2010</pubDate></item><item><title><![CDATA[Power equipment should attract lower excise duty [September 13,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/259/Power_equipment_should_attract_lower_excise_duty.html]]></guid><description><![CDATA[Electricity tariffs in India are rising fast because of higher fuel  prices, which account for about 50% of the generation cost. Rising  tariffs would impact the competitiveness of Indian industry, for which  electricity is a key input.The Centre, me.....]]></description><pubDate>September 13,2010</pubDate></item><item><title><![CDATA[India oil product exports may double in 3 years: Secy [September 13,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/260/India_oil_product_exports_may_double_in_3_years_Secy.html]]></guid><description><![CDATA[Where India&rsquo;s consumption of petrol and LPG is rising at the rate of  over 10% and that of diesel at over 7% per annum, Oil Secretary S  Sundareshansays while we have an approximate requirement of 145 million  tonne, our refining capacity stand.....]]></description><pubDate>September 13,2010</pubDate></item><item><title><![CDATA[Govt plans policy to attract funds for building manufacturing hubs [September 13,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/261/Govt_plans_policy_to_attract_funds_for_building_manufacturing_hubs.html]]></guid><description><![CDATA[BANGALORE: The Union commerce &amp; industry ministry is in the process  of formulating a draft policy to attract investments for setting up mega  manufacturing hubs in the country.Delivering the keynote  address at the EEPC India National Awards for.....]]></description><pubDate>September 13,2010</pubDate></item><item><title><![CDATA[Basmati rice exports likely to rise by 9% [September 13,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/262/Basmati_rice_exports_likely_to_rise_by_9%.html]]></guid><description><![CDATA[One country's loss is another&rsquo;s gain.The country's basmati rice exports  are likely to rise 9% to 3.5 million tonnes in the 2010-11 season  starting October, as crop damage in flood-hit Pakistan might boost  demand for Indian aromatic rice, a t.....]]></description><pubDate>September 13,2010</pubDate></item><item><title><![CDATA[Industry wants flexibility in choosing anti-counterfeit solutions for export [September 13,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/263/Industry_wants_flexibility_in_choosing_anti-counterfeit_solutions_for_export.html]]></guid><description><![CDATA[While calling for different mechanisms for different markets, the  pharmaceutical industry has urged the government to draw up a list of  anti-counterfeit technology solutions for export of pharmaceutical  products and give flexibility to choose one .....]]></description><pubDate>September 13,2010</pubDate></item><item><title><![CDATA[India - Petrochemical prices recover on festive demand [September 11,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/253/India_-_Petrochemical_prices_recover_on_festive_demand.html]]></guid><description><![CDATA[The festive season has augured well for the petrochemical market with prices rising for every category.Petrochemical company officials say prices of polymers have gone up by Rs 1,000-2,000 a tonne since last month.&ldquo;Increase  in domestic demand .....]]></description><pubDate>September 11,2010</pubDate></item><item><title><![CDATA[Export more value-added products, Anand Sharma asks engineering industry [September 11,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/254/Export_more_value-added_products_Anand_Sharma_asks_engineering_industry.html]]></guid><description><![CDATA[Union Commerce and Industry Minister Anand Sharma on Friday asked the  engineering exporters to fully utilise its capabilities and to widen its  market base to achieve the desired growth rate."Indian  engineering products reach to almost 200 countrie.....]]></description><pubDate>September 11,2010</pubDate></item><item><title><![CDATA[Textile industry seeks curbs on cotton exports as prices surge [September 11,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/255/Textile_industry_seeks_curbs_on_cotton_exports_as_prices_surge.html]]></guid><description><![CDATA[Prices of domestic cotton lint shot up to a historic high, slightly  above international rates, prompting the textile industry to plead with  the government to re-impose trade restrictions on the commodity in the  new season that starts in October.Ea.....]]></description><pubDate>September 11,2010</pubDate></item><item><title><![CDATA[India looking to serialisation to secure medicine exports? [September 11,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/256/India_looking_to_serialisation_to_secure_medicine_exports?.html]]></guid><description><![CDATA[India's Ministry of Commerce has been advised to implement a system of  barcodes and mass serialisation for all exported pharmaceutical  products, according to a news report.The article published in  Pharmabiz suggests that the Ministry has agreed to.....]]></description><pubDate>September 11,2010</pubDate></item><item><title><![CDATA[Forex kitty rises $2.5 bn to $283 bn [September 11,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/257/Forex_kitty_rises_$25_bn_to_$283_bn.html]]></guid><description><![CDATA[MUMBAI: The country&rsquo;s foreign exchange reserves rose $2.5 billion during  the week ended September 3, partly on account of revaluation of  non-dollar assets and also of a surge in value of gold in reserves.  While a subdued growth in credit off.....]]></description><pubDate>September 11,2010</pubDate></item><item><title><![CDATA[Anti-dumping probe into soda ash imports [September 10,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/248/Anti-dumping_probe_into_soda_ash_imports.html]]></guid><description><![CDATA[Following domestic producers association&rsquo;s petition,  anti-dumping investigations have been initiated by the Designated  Authority in the Commerce Ministry in soda ash imports from China,  European Union (EU), Kenya, Pakistan, Iran, Ukraine and.....]]></description><pubDate>September 10,2010</pubDate></item><item><title><![CDATA[Rupee strong but off high, tracks Asian peers [September 10,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/249/Rupee_strong_but_off_high_tracks_Asian_peers.html]]></guid><description><![CDATA[MUMBAI: The Indian rupee was strong in Thursday afternoon trade,  tracking positive domestic shares and strong Asian peers but came off  the day's high on importer oil demand, dealers said. At 2:24 p.m., the  partially convertible rupee was at 46.54/.....]]></description><pubDate>September 10,2010</pubDate></item><item><title><![CDATA[State will continue SEZ concessions, says Stalin [September 10,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/250/State_will_continue_SEZ_concessions_says_Stalin.html]]></guid><description><![CDATA[CHENNAI: Deputy chief minister MK Stalin&nbsp; on Thursday expressed the hope  that the information technology industry would make use of the  extension of special economic zone (SEZ) concessions to speed up their  projects in the state.Speaking at t.....]]></description><pubDate>September 10,2010</pubDate></item><item><title><![CDATA[India - Online registration of cotton export contracts from Sep 15 [September 10,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/251/India_-_Online_registration_of_cotton_export_contracts_from_Sep_15.html]]></guid><description><![CDATA[The Textile Commissioner&rsquo;s office will start online registration of cotton exports contracts from September 15.&ldquo;The  online system will be in operation with effect from September 15. On  the commencement of the online system, the system o.....]]></description><pubDate>September 10,2010</pubDate></item><item><title><![CDATA[Wheat steady; export hopes support [September 10,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/252/Wheat_steady;_export_hopes_support.html]]></guid><description><![CDATA[MUMBAI: India's wheat futures were steady on Thursday afternoon as  positive sentiment from hope the government may allow exports of the  food grain later this year offset the negative sentiment, analysts said.Expectation  of a bumper output and the .....]]></description><pubDate>September 10,2010</pubDate></item><item><title><![CDATA[Indian export ban takes cotton to 15-year peak [September 09,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/243/Indian_export_ban_takes_cotton_to_15-year_peak.html]]></guid><description><![CDATA[Cotton prices hit a fresh 15-year high in early trading on Tuesday after  India unexpectedly extended export restrictions on the fibre.The  move by India, the world's second-largest exporter of cotton, reversed  promises made by New Delhi not to ban .....]]></description><pubDate>September 09,2010</pubDate></item><item><title><![CDATA[Pulses to become cheaper on bumper crop, imports [September 09,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/244/Pulses_to_become_cheaper_on_bumper_crop_imports.html]]></guid><description><![CDATA[MUMBAI: Indian consumers will get relief from protein inflation as  pulses and soyabeans are expected to become cheaper by a third within  the next few weeks on the back of bumper harvests in the country and  ample imports.&ldquo;Prices are expected .....]]></description><pubDate>September 09,2010</pubDate></item><item><title><![CDATA[Gold prices hit another record on global woes [September 09,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/245/Gold_prices_hit_another_record_on_global_woes.html]]></guid><description><![CDATA[Mumbai, Sept. 8: The precious metals gold and silver touched fresh  historic highs on Wednesday. A major factor pushing up prices  internationally is the uncertainty about a recovery in the global  economy pushing investors towards gold.On Wednesday,.....]]></description><pubDate>September 09,2010</pubDate></item><item><title><![CDATA[Double digit growth for India's fish exports [September 09,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/246/Double_digit_growth_for_India's_fish_exports.html]]></guid><description><![CDATA[India&rsquo;s seafood exports grew by about 22% to $170 million (&euro;133.8  million) in July compared to the same month of 2009. The improved  results were attributed to increased demand from Japan and the US.There  has been an increase in demand f.....]]></description><pubDate>September 09,2010</pubDate></item><item><title><![CDATA[Weak Spot Market Weighs Sentiment In Turmeric Futures [September 09,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/247/Weak_Spot_Market_Weighs_Sentiment_In_Turmeric_Futures.html]]></guid><description><![CDATA[Turmeric futures extended the gains lead by short covering. However,  futures pared some it its gains as lower spot markets weighed the  sentiment in the futures. The September contract on NCDEX gained further  by Rs 214 to the session high of Rs 122.....]]></description><pubDate>September 09,2010</pubDate></item><item><title><![CDATA[Basmati export up on Pakistan floods [September 08,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/238/Basmati_export_up_on_Pakistan_floods.html]]></guid><description><![CDATA[CHANDIGARH: Indian basmati exports get a leg-up as flood-hit top rival  Pakistan all but exits the world market. India exports around 3.2  million tonne basmati mainly to Europe and the Middle East and often  finds it hard to compete against cheaper .....]]></description><pubDate>September 08,2010</pubDate></item><item><title><![CDATA[3G effect: $3-bn gear deals up for grabs [September 08,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/239/3G_effect_$3-bn_gear_deals_up_for_grabs.html]]></guid><description><![CDATA[DELHI &amp; KOLKATA: Global telecom equipment vendors will garner around  $3 billion in the first wave of 3G rollouts in India, making it the  largest global telecom contract in calendar 2010.This comes at a  time when leading international gear make.....]]></description><pubDate>September 08,2010</pubDate></item><item><title><![CDATA[Gold demand recoils as prices near all-time high [September 08,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/240/Gold_demand_recoils_as_prices_near_all-time_high.html]]></guid><description><![CDATA[MUMBAI: Gold buying recoiled on Tuesday afternoon as prices neared an  all-time high, dealers said. A weaker rupee also made the  dollar-denominated yellow metal expensive."People are scared to  buy at record high and they are holding back their fund.....]]></description><pubDate>September 08,2010</pubDate></item><item><title><![CDATA[India's Oilmeal Export Gains 14% In August 2010 - SEA [September 08,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/241/India's_Oilmeal_Export_Gains_14%_In_August_2010_-_SEA.html]]></guid><description><![CDATA[The Solvent Extractors' Association of India (SEA ) has released the  export data of oilmeals for the month of August, 2010. The oilmeal  exports during August 2010 was reported at 244,075 tons compared to  214,807 tons in August 2009, up by 14%. How.....]]></description><pubDate>September 08,2010</pubDate></item><item><title><![CDATA[Commerce Ministry plans to make barcodes compulsory for exports of pharma products [September 08,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/242/Commerce_Ministry_plans_to_make_barcodes_compulsory_for_exports_of_pharma_products.html]]></guid><description><![CDATA[Seeking to put at rest the controversies and blown up apprehensions  about the export of spurious drugs from India, the Commerce Ministry is  planning to make the barcode technology compulsory for all exports of  pharmaceutical products from the coun.....]]></description><pubDate>September 08,2010</pubDate></item><item><title><![CDATA[Govt starts antidumping probe into opal glass from China, UAE [September 07,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/235/Govt_starts_antidumping_probe_into_opal_glass_from_China_UAE.html]]></guid><description><![CDATA[NEW DELHI: The government has initiated a probe into alleged dumping of a  glass, widely used in lighting fixtures and tableware, by exporters  from China and the UAE to protect domestic players, an official told  media today.Acting on a complaint of.....]]></description><pubDate>September 07,2010</pubDate></item><item><title><![CDATA[Indian curbs on exports may fuel cotton rally [September 07,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/236/Indian_curbs_on_exports_may_fuel_cotton_rally.html]]></guid><description><![CDATA[MUMBAI: Global cotton prices are likely to continue their rally as  India, the world's second biggest exporter, restricts exports to soften  local prices even though the country is expecting a record crop,  industry officials said. India will only al.....]]></description><pubDate>September 07,2010</pubDate></item><item><title><![CDATA[STC to import 16,000 tonnes of pulses by Nov
 [September 07,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/233/STC_to_import_16000_tonnes_of_pulses_by_Nov
.html]]></guid><description><![CDATA[




New Delhi, (PTI) State-run STC has invited global  bids for the import of 16,000 tonnes of pulses, to be delivered by  November this year.Bids will close on September 10 and a  decision on the award of contracts will be taken on the same da.....]]></description><pubDate>September 07,2010</pubDate></item><item><title><![CDATA[ASSOCHAM says exports likely to suffer by 10% in 2010-2011 [September 07,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/234/ASSOCHAM_says_exports_likely_to_suffer_by_10%_in_2010-2011.html]]></guid><description><![CDATA[New Delhi: The Associated Chambers of Commerce and Industry of India  (ASSOCHAM) has predicted a shortfall of close to 10 per cent in exports  target for current fiscal due to slowdown in exports growth rate, which  fell from 36.2 per cent in April t.....]]></description><pubDate>September 07,2010</pubDate></item><item><title><![CDATA[Pharmexcil suggests DGFT to provide sops to exporters to develop norms for non-infringing process... [September 07,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/237/Pharmexcil_suggests_DGFT_to_provide_sops_to_exporters_to_develop_norms_for_non-infringing_process.html]]></guid><description><![CDATA[The Pharmaceutical Exports Promotion Council (Pharmexcil) has suggested  to the director general of foreign trade (DGFT) to provide incentives to  the pharma exporters to develop adhoc norms for non-infringing process  for bulk drugs to increase the .....]]></description><pubDate>September 07,2010</pubDate></item><item><title><![CDATA[Govt may ban import of e-waste [September 06,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/225/Govt_may_ban_import_of_e-waste.html]]></guid><description><![CDATA[NEW DELHI: The government is considering banning the import of used  computers and other electronic waste - coming primarily from developed  nations such as US, Australia, Canada and parts of Europe - after  several cases of e-waste smuggling came to.....]]></description><pubDate>September 06,2010</pubDate></item><item><title><![CDATA[Govt releases of 19 lakh tonnes of sugar this month [September 06,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/226/Govt_releases_of_19_lakh_tonnes_of_sugar_this_month.html]]></guid><description><![CDATA[NEW DELHI: The government has released 19 lakh tonnes sugar in the open  market and through the public distribution system (PDS) in September,  2010, about 20,000 tonnes lower than last month.It will, however, release more sugar during the month in c.....]]></description><pubDate>September 06,2010</pubDate></item><item><title><![CDATA[Govt initiates anti-dumping probe on steel imports from US, EU [September 06,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/227/Govt_initiates_anti-dumping_probe_on_steel_imports_from_US_EU.html]]></guid><description><![CDATA[NEW DELHI: Acting on a complaint from steel maker JSL, the government  has initiated a probe into alleged dumping of a particular variety of  steel by exporters from US, EU and South Korea into the Indian market.JSL  Ltd, the country's largest stainl.....]]></description><pubDate>September 06,2010</pubDate></item><item><title><![CDATA[India to export 55 lakh bales of cotton in 2010-11 [September 06,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/228/India_to_export_55_lakh_bales_of_cotton_in_2010-11.html]]></guid><description><![CDATA[Central government has allowed export of 55-lakh bales cotton during  cultivation year, October 2010 &ndash; September 2011. The exports can be done  beginning October 1, 2010.However, ceiling on exportable  surplus would be reviewed and revised on N.....]]></description><pubDate>September 06,2010</pubDate></item><item><title><![CDATA[Gems and jewellery exports may glitter less [September 06,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/229/Gems_and_jewellery_exports_may_glitter_less.html]]></guid><description><![CDATA[NEW DELHI: Gems and Jewellery exports may have shot up by an impressive  63 per cent in the first four months of 2010-11, but the trend is not  likely to remain robust and the current fiscal may close with just about  15 per cent growth."We are cauti.....]]></description><pubDate>September 06,2010</pubDate></item><item><title><![CDATA[Palm oil price falls [September 03,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/220/Palm_oil_price_falls.html]]></guid><description><![CDATA[Palm oil futures dropped for a second day as declining exports in Malaysia, the world's second-largest producer, weighed on prices.Futures for November delivery fell as much as 0.2 percent to 2,529 ringgit ($807) a metric ton on the Malaysia Derivati.....]]></description><pubDate>September 03,2010</pubDate></item><item><title><![CDATA[Government starts anti-dumping probe into soda ash imports [September 03,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/221/Government_starts_anti-dumping_probe_into_soda_ash_imports.html]]></guid><description><![CDATA[NEW DELHI: India has initiated a probe into alleged dumping of soda ash by countries like China, Iran and Pakistan to protect domestic players.The Commerce Ministry's designated authority, the Directorate General of Anti-Dumping and Allied Duties (DG.....]]></description><pubDate>September 03,2010</pubDate></item><item><title><![CDATA[Soyoil eases for 4th day on higher supply [September 03,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/222/Soyoil_eases_for_4th_day_on_higher_supply.html]]></guid><description><![CDATA[MUMBAI: Soyoil futures eased for a fourth straight day on Thursday morning on higher imports of edible oil and improved supplies after soybean crushing gained momentum, analysts said. Soybean is crushed to produce oil and meal.However, bargain-buying.....]]></description><pubDate>September 03,2010</pubDate></item><item><title><![CDATA[NBS policy fails to balance fertiliser uses [September 03,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/223/NBS_policy_fails_to_balance_fertiliser_uses.html]]></guid><description><![CDATA[NEW DELHI: Consumption of urea, still the cheapest fertiliser, has increased in the first few months of the newly introduced Nutrient-based Subsidy (NBS) policy, quite contrary to expectation that the new policy would lead to a balanced use of fertil.....]]></description><pubDate>September 03,2010</pubDate></item><item><title><![CDATA[INDIA: Apparel exporters call for new controls on cotton [September 03,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/224/INDIA_Apparel_exporters_call_for_new_controls_on_cotton.html]]></guid><description><![CDATA[Indian apparel exporters have warned that rising cotton and yarn prices will &ldquo;cripple&rdquo; the industry unless new controls are imposed on the export of raw cotton.Their concerns come as the government prepares for the 1 October lifting of cu.....]]></description><pubDate>September 03,2010</pubDate></item><item><title><![CDATA[India�s foreign trade: July, 2010 [September 02,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/214/India�s_foreign_trade_July_2010.html]]></guid><description><![CDATA[India&rsquo;s exports during July, 2010 were valued at US $ 16240 million (Rs. 76064 crore) which was 13.2 per cent higher in Dollar terms (9.4 per cent higher in Rupee terms) than the level of US $ 14341 million (Rs.69521 crore) during July, 2009. C.....]]></description><pubDate>September 02,2010</pubDate></item><item><title><![CDATA[Jewellery exports grow, gold bar imports fall [September 02,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/215/Jewellery_exports_grow_gold_bar_imports_fall.html]]></guid><description><![CDATA[While gold jewellery exports have been moving up, the imports of gold bars for export purposes have significantly declined since the beginning of the financial year. Except for gold bars, the imports of other raw materials for jewellery manufacturing.....]]></description><pubDate>September 02,2010</pubDate></item><item><title><![CDATA[India Starts Sunset Review Investigation of Anti-dumping Duty Concerning Imports of Nylon Filament [September 02,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/216/India_Starts_Sunset_Review_Investigation_of_Anti-dumping_Duty_Concerning_Imports_of_Nylon_Filament.html]]></guid><description><![CDATA[On Aug 27, India announced the Initiation of Sunset Review Investigation of Anti-dumping duty concerning imports of Nylon Filament Yarn originating in or exported from China PR, Chinese Taipei, Malaysia, Indonesia, Thailand and Korea RP. Accordingly,.....]]></description><pubDate>September 02,2010</pubDate></item><item><title><![CDATA[Exports grow at a slower pace of 13 % in July [September 02,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/217/Exports_grow_at_a_slower_pace_of_13_%_in_July.html]]></guid><description><![CDATA[Amid concerns about continued uncertainty in the European markets and slow pace of economic recovery in the U.S., Indian exports in July grew by 13.2 per cent, the lowest expansion so far this fiscal, to $16.24 billion. In July 2009, exports stood at.....]]></description><pubDate>September 02,2010</pubDate></item><item><title><![CDATA[India's July Polished Diamond Exports +37% [September 02,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/218/India's_July_Polished_Diamond_Exports_+37%.html]]></guid><description><![CDATA[India&rsquo;s polished diamond exports rose 37 percent year on year to $1.68 billion in July, according to provisional data published by the Gem and Jewellery Export Promotion Council (GJEPC). By volume, polished exports increased 12 percent to 4.743.....]]></description><pubDate>September 02,2010</pubDate></item><item><title><![CDATA[Pakistan needs to import 3.5 mln cotton bales this year [September 02,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/219/Pakistan_needs_to_import_35_mln_cotton_bales_this_year.html]]></guid><description><![CDATA[Pakistan would need to import 3.5 million more bales worth Rs 100 billion to meet demand of local spinning and weaving sector.This was stated by the chairman Cotton Brokers Forum Naseem Usman while talking to news agency.He said that more than 2 mill.....]]></description><pubDate>September 02,2010</pubDate></item><item><title><![CDATA['Coal handling at berth 11 to be mechanized' [September 01,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/209/'Coal_handling_at_berth_11_to_be_mechanized'.html]]></guid><description><![CDATA[PANAJI: The Mormugao Port Trust (MPT) has taken a decision to mechanize coal handling operations in its entirety at berth number 11. The berth is adjacent to Vasco city.MPT chairman Praveen Agarwal said, "To completely eliminate coal dust pollution, .....]]></description><pubDate>September 01,2010</pubDate></item><item><title><![CDATA[Power equipment cos seek duty hike to curb Chinese imports [September 01,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/210/Power_equipment_cos_seek_duty_hike_to_curb_Chinese_imports.html]]></guid><description><![CDATA[MUMBAI: Power equipment makers such as L&amp;T, Bhel, Bharat Forge are lobbying for a higher import duty to thwart cheap Chinese imports that are being increasingly used in mega power projects and affecting expansion plans and the profitability of In.....]]></description><pubDate>September 01,2010</pubDate></item><item><title><![CDATA[GDP surges on low base, govt raises FY11 forecast [September 01,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/211/GDP_surges_on_low_base_govt_raises_FY11_forecast.html]]></guid><description><![CDATA[India&rsquo;s economy expanded at the fastest pace in 10 quarters during the first three months of the current fiscal as manufacturing quickened, and trade and hospitality recovered on the back of a lower base.The focus has now shifted to the central.....]]></description><pubDate>September 01,2010</pubDate></item><item><title><![CDATA[Rupee dips to 1-month low on weak shares [September 01,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/212/Rupee_dips_to_1-month_low_on_weak_shares.html]]></guid><description><![CDATA[The rupee fell to its lowest level in more than a month on Tuesday as losses in domestic shares and month-end dollar demand outweighed positive sentiment due to losses in the dollar versus major currencies.The partially convertible rupee closed at 47.....]]></description><pubDate>September 01,2010</pubDate></item><item><title><![CDATA[India`s port in Goa sees iron ore exports up 10.8% [September 01,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/213/India`s_port_in_Goa_sees_iron_ore_exports_up_108%.html]]></guid><description><![CDATA[Iron ore exports from Mormugao Port in Goa may rise 10.8% to 46 million tonnes in the current financial year, from 41.5 million tonnes a year earlier on increased shipments, the head of Mormugao Port Trust (MPT) said on Tuesday."Current trends appear.....]]></description><pubDate>September 01,2010</pubDate></item><item><title><![CDATA[Indian dream to export 10 million kgs tea to Pak shatters [August 31,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/202/Indian_dream_to_export_10_million_kgs_tea_to_Pak_shatters.html]]></guid><description><![CDATA[KARACHI&mdash;The tea importers have slashed their orders to Indian traders keeping in view the consumers have disliked the taste and aroma of poor Indian CTC. Pakistani consumers who have almost established the taste of Kenyan CTC (cut, tear, curl) .....]]></description><pubDate>August 31,2010</pubDate></item><item><title><![CDATA[Fee structure, new form for import certificate introduced amending NDPS Rules, 1985 [August 31,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/203/Fee_structure_new_form_for_import_certificate_introduced_amending_NDPS_Rules_1985.html]]></guid><description><![CDATA[The Department of Revenue, under the Union Ministry of Finance, has revised and introduced a new fee structure for processing applications for manufacturing licence and import and export certificated for narcotic drugs and psychotropic substances thr.....]]></description><pubDate>August 31,2010</pubDate></item><item><title><![CDATA[PotashCorp acquisition may add to fertiliser subsidy bill [August 31,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/204/PotashCorp_acquisition_may_add_to_fertiliser_subsidy_bill.html]]></guid><description><![CDATA[NEW DELHI: India seems relegated to a bit role in the ongoing global potash sector buyout drama despite being the biggest importer in the world. Acquisition of Canada&rsquo;s PotashCorp by Australia&rsquo;s BHP Billiton is expected to upset the two b.....]]></description><pubDate>August 31,2010</pubDate></item><item><title><![CDATA[Rubber likely to fall on duty cut expectations [August 31,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/205/Rubber_likely_to_fall_on_duty_cut_expectations.html]]></guid><description><![CDATA[Mumbai: Indian rubber prices are likely to fall for a third straight week on heightened expectations for a cut in import duty on the commodity, which may cut demand for the local produce, traders and analysts said on Monday.&ldquo;Favourable weather .....]]></description><pubDate>August 31,2010</pubDate></item><item><title><![CDATA[Rupee Slips on Speculation Indian Importers Bought Dollars to Settle Bills [August 31,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/206/Rupee_Slips_on_Speculation_Indian_Importers_Bought_Dollars_to_Settle_Bills.html]]></guid><description><![CDATA[India&rsquo;s rupee weakened for a second day on speculation the nation&rsquo;s importers purchased dollars to settle month-end bills.The currency extended a weekly loss as local refiners may have bought the greenback to pay for costlier crude-oil im.....]]></description><pubDate>August 31,2010</pubDate></item><item><title><![CDATA[India, New Zealand officials to meet in Oct to push for FTA [August 31,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/207/India_New_Zealand_officials_to_meet_in_Oct_to_push_for_FTA.html]]></guid><description><![CDATA[India and New Zealand will meet in October in Wellington to speed up the ongoing talks for a market opening pact, aims to enhance the USD 754 million trade between the two nations."Recently in Delhi, the second round of negotiations was held. The thi.....]]></description><pubDate>August 31,2010</pubDate></item><item><title><![CDATA[Gold Weekly Review: Strong Demand May Underpin Prices [August 31,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/208/Gold_Weekly_Review_Strong_Demand_May_Underpin_Prices.html]]></guid><description><![CDATA[Gold galloped to levels near $1250 per once as the strong investment demand and continued worries on the global economic front stayed right in place. The equities continued to skid lower and the US dollar maintained a firm tone, making gold prices ex.....]]></description><pubDate>August 31,2010</pubDate></item><item><title><![CDATA[Pharma units await clarity on compulsory licensing [August 30,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/196/Pharma_units_await_clarity_on_compulsory_licensing.html]]></guid><description><![CDATA[When the government initiated discussions last week to lay down norms for the issuance of compulsory licensing (CL) for medicines under the Indian Patent Act 1970, it rekindled the issue facing the Indian pharmaceutical industry of the affordability .....]]></description><pubDate>August 30,2010</pubDate></item><item><title><![CDATA[Gold at $1,300 may crimp Indian imports [August 30,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/197/Gold_at_$1300_may_crimp_Indian_imports.html]]></guid><description><![CDATA[India's gold imports almost doubled in the first half of this year, boosted by a good monsoon and pent-up demand from the previous year when a drought hit consumers' spending capacity.The real test of consumer appetite will come in the second half wh.....]]></description><pubDate>August 30,2010</pubDate></item><item><title><![CDATA[Govt not to reduce excise duty on Filter and Non Filter Cigarettes [August 30,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/198/Govt_not_to_reduce_excise_duty_on_Filter_and_Non_Filter_Cigarettes.html]]></guid><description><![CDATA[Government has not entertained the request by Tobacco Institute of India (TII) to reduce the excise duty rates on filter and non filter cigarettes. TII wants the gap between the excise duty rates on cigarettes and other tobacco products to be reduced.....]]></description><pubDate>August 30,2010</pubDate></item><item><title><![CDATA[Govt exempts CWG helium balloons from customs duty [August 30,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/199/Govt_exempts_CWG_helium_balloons_from_customs_duty.html]]></guid><description><![CDATA[NEW DELHI: The much-talked about Helium balloons for the opening and closing in ceremony of the Commonwealth Games will be exempted from customs duty.The Finance Ministry has withdrawn customs duty on the balloons, technically known as Aerostats, alo.....]]></description><pubDate>August 30,2010</pubDate></item><item><title><![CDATA[China promises to open more sectors to India [August 30,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/200/China_promises_to_open_more_sectors_to_India.html]]></guid><description><![CDATA[China has assured India that it will open sectors like pharmaceuticals, IT and government contracts for Indian companies, a move which would help reduce the USD 20 billion trade imbalance, Commerce Minister Anand Sharma has said.In an unscheduled mee.....]]></description><pubDate>August 30,2010</pubDate></item><item><title><![CDATA[Apparel exports drop for third month in a row [August 30,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/201/Apparel_exports_drop_for_third_month_in_a_row.html]]></guid><description><![CDATA[NEW DELHI: India's apparel exports declined for the third successive month in July, showing a 22.5 per cent annual drop in contrast to recovery in the country's overall exports which went up by 13.2 per cent in the same month.The garments exports fel.....]]></description><pubDate>August 30,2010</pubDate></item><item><title><![CDATA[ISO sees 2010/11 sugar surplus as India output rises [August 27,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/191/ISO_sees_2010/11_sugar_surplus_as_India_output_rises.html]]></guid><description><![CDATA[The International Sugar Organization forecast on Wednesday there would be a global sugar surplus in 2010/11 with a rise in production in India turning the world's top consumer into an exporter."After two years of a large statistical deficit, the worl.....]]></description><pubDate>August 27,2010</pubDate></item><item><title><![CDATA[Govt rejects demand to ban export of iron ore [August 27,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/192/Govt_rejects_demand_to_ban_export_of_iron_ore.html]]></guid><description><![CDATA[NEW DELHI: The Centre on Thursday turned down the demand of Opposition parties to ban export of iron ore and instead asked states to take stringent steps to prevent illegal mining.Terming illegal mining a problem of governance, minister for mines B K.....]]></description><pubDate>August 27,2010</pubDate></item><item><title><![CDATA[China to keep supplied with Indian iron ore despite Karnataka ban [August 27,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/193/China_to_keep_supplied_with_Indian_iron_ore_despite_Karnataka_ban.html]]></guid><description><![CDATA[India's balance of trade with China was set to have been brutally hit this month, given Karnataka's ban on the export of Indian iron ore. Three states have, however, banded together as unlikely saviours to ensure that key consumer China does not have.....]]></description><pubDate>August 27,2010</pubDate></item><item><title><![CDATA[India Oil And Gas Report Q4 2010 - New Market Report Published [August 27,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/194/India_Oil_And_Gas_Report_Q4_2010_-_New_Market_Report_Published.html]]></guid><description><![CDATA[The latest India Oil &amp; Gas Report from BMI forecasts that the country will account for 12.59% of Asia Pacific regional oil demand by 2014, while providing 10.13% of supply. Regional oil use of 21.42mn barrels per day (b/d) in 2001 is set to reach.....]]></description><pubDate>August 27,2010</pubDate></item><item><title><![CDATA[Commerce Ministry turns down rubber import duty cut [August 27,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/195/Commerce_Ministry_turns_down_rubber_import_duty_cut.html]]></guid><description><![CDATA[NEW DELHI: Tyre makers' plea to bring down import duty on natural rubber to 7.5 per cent from 20 per cent at present has been turned down by the commerce ministry, the Rubber Board has said."Union Minister for Commerce and Industry Anand Sharma has r.....]]></description><pubDate>August 27,2010</pubDate></item><item><title><![CDATA[India allows telecom imports after 8-month ban [August 26,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/186/India_allows_telecom_imports_after_8-month_ban.html]]></guid><description><![CDATA[India has relaxed an eight-month ban on imports of telecommunication equipment, approving orders from China's ZTE and Huawei and Finland's Nokia Siemens Networks, executives said Wednesday, as security fears fade before a high-priority roll out third.....]]></description><pubDate>August 26,2010</pubDate></item><item><title><![CDATA[ASSOCHAM urges govt to bring down 5% custom duty [August 26,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/187/ASSOCHAM_urges_govt_to_bring_down_5%_custom_duty.html]]></guid><description><![CDATA[The Associated Chambers of Commerce and Industry of India (ASSOCHAM) has urged the government to bring down customs duty of 5 per cent on import of Steam Coal based power plants so that power generated out of such projects reach out to masses at affo.....]]></description><pubDate>August 26,2010</pubDate></item><item><title><![CDATA[India rules out duty-cut for rubber imports [August 26,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/188/India_rules_out_duty-cut_for_rubber_imports.html]]></guid><description><![CDATA[In a major development in the domestic rubber industry, the Union Minister for Commerce and Industry today informed that there would not be any cut in the import duty of natural rubber imports, as had been demanded by the rubber consumer lobby.The Ru.....]]></description><pubDate>August 26,2010</pubDate></item><item><title><![CDATA[Rising oilseeds sowing may drop edible oil imports [August 26,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/189/Rising_oilseeds_sowing_may_drop_edible_oil_imports.html]]></guid><description><![CDATA[The increasing kharif sowing, particularly oilseeds in the country, is likely to moderate the dependence on imported oil in the current year.According to the official data of the agriculture ministry, the area under kharif oilseeds crop as on August .....]]></description><pubDate>August 26,2010</pubDate></item><item><title><![CDATA[India exports cloth to Pakistan [August 26,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/190/India_exports_cloth_to_Pakistan.html]]></guid><description><![CDATA[SURAT: In February this year, Pakistan&rsquo;s opposition leaders had loudly protested against Indian goods like heavy machinery, trucks and buses reaching Afghanistan through Pakistani soil despite Islamabad&rsquo;s no transit rule for any India-Afg.....]]></description><pubDate>August 26,2010</pubDate></item><item><title><![CDATA[Rupee weakens on global recovery concern [August 25,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/183/Rupee_weakens_on_global_recovery_concern.html]]></guid><description><![CDATA[The rupee fell to its lowest level in almost a month on speculation investors will favour safer assets like the dollar.The rupee retreated 0.6% to 46.9150 per dollar, the lowest level since July 26, at the close of trade on Tuesday.The rupee weakened.....]]></description><pubDate>August 25,2010</pubDate></item><item><title><![CDATA[Technological Imports Should Have Been Incentivised - ASSOCHAM [August 25,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/184/Technological_Imports_Should_Have_Been_Incentivised_-_ASSOCHAM.html]]></guid><description><![CDATA[New Delhi: President, Associated Chambers of Commerce and Industry, Dr. Swati Piramal welcomed policy pronouncements of &lsquo;Annual Foreign Trade Policy&rsquo; saying that most of these are industry &amp; user-friendly but it would have been more a.....]]></description><pubDate>August 25,2010</pubDate></item><item><title><![CDATA[Wheat extends losses; export curbs to stay [August 25,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/185/Wheat_extends_losses;_export_curbs_to_stay.html]]></guid><description><![CDATA[MUMBAI: India wheat futures extended the previous day's losses on Tuesday, weighed by a bumper crop and ample stocks and comments that export restrictions on the grain will continue, analysts said. September wheat on the National Commodity and Deriva.....]]></description><pubDate>August 25,2010</pubDate></item><item><title><![CDATA[Ghana collaborates with India to manufacture fertilizer [August 25,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/182/Ghana_collaborates_with_India_to_manufacture_fertilizer.html]]></guid><description><![CDATA[Ghana is collaborating with India to manufacture fertilizer in Ghana from by-products from the emerging oil and gas industry, Mr Yaw Effah-Baafi, Deputy Minster of Food and Agriculture in-charge of crops said on Tuesday.He said the high cost of ferti.....]]></description><pubDate>August 25,2010</pubDate></item><item><title><![CDATA[India plans to review its export sector by 2010 end: Anand Sharma [August 25,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/181/India_plans_to_review_its_export_sector_by_2010_end_Anand_Sharma.html]]></guid><description><![CDATA[NEW DELHI: Union Minister for Commerce and Trade Anand Sharma said on Tuesday that the country was planning its next export sector review by the end of 2010.India on Monday offered incentives to some exporters to help them tide over an uncertain and .....]]></description><pubDate>August 25,2010</pubDate></item><item><title><![CDATA[Govt set to announce more sops for exporters [August 23,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/173/Govt_set_to_announce_more_sops_for_exporters.html]]></guid><description><![CDATA[The government is set to announce yet another round of stimulus measures for the country's exporters and importers in the review of the Foreign Trade Policy 2009-2014 on Monday, even as economies globally are looking at phased exit from bailout packa.....]]></description><pubDate>August 23,2010</pubDate></item><item><title><![CDATA[Ficci demands duty sops for steel exports [August 23,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/174/Ficci_demands_duty_sops_for_steel_exports.html]]></guid><description><![CDATA[NEW DELHI: Ahead of the announcement of the annual foreign trade policy, industry body Ficci today demanded an additional three per cent duty sop for steel exporters to bridge the rising trade gap. "In order to bridge the trade gap, the government ne.....]]></description><pubDate>August 23,2010</pubDate></item><item><title><![CDATA[ASSOCHAM urges govt to extend Income Tax waiver benefits on cell phones [August 23,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/175/ASSOCHAM_urges_govt_to_extend_Income_Tax_waiver_benefits_on_cell_phones.html]]></guid><description><![CDATA[The Associated Chambers of Commerce and Industry of India (ASSOCHAM) has urged the government to extend Income Tax waiver benefits to mobile-handset manufacturing in backward areas from 5 years to 10 years to help industry meet 100 per cent local dem.....]]></description><pubDate>August 23,2010</pubDate></item><item><title><![CDATA[End of mega power benefits to yield little for Indian parts cos [August 23,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/176/End_of_mega_power_benefits_to_yield_little_for_Indian_parts_cos.html]]></guid><description><![CDATA[NEW DELHI: The government&rsquo;s move to levy duty on import of power equipment by scrapping mega power policy may also lead to 10% duty on manufacturing of local power parts. Under the rules for mega power projects, thermal projects of 1,000 mw and.....]]></description><pubDate>August 23,2010</pubDate></item><item><title><![CDATA[Auto parts companies to invest USD 30 billion in India by 2020 [August 23,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/177/Auto_parts_companies_to_invest_USD_30_billion_in_India_by_2020.html]]></guid><description><![CDATA[Indian automotive component makers plan to invest USD 30 billion by 2020 to ramp up production capacity as they try to keep pace with a fast growing auto market.Indian component makers clocked total revenue of USD 25 billion for the year ended March .....]]></description><pubDate>August 23,2010</pubDate></item><item><title><![CDATA[India Allows Two Firms to Import Chinese Telecom Gear [August 21,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/167/India_Allows_Two_Firms_to_Import_Chinese_Telecom_Gear.html]]></guid><description><![CDATA[NEW DELHI -- The Indian government is allowing Reliance Communications Ltd. and Tata Teleservices Ltd. to import telecom equipment from two Chinese manufacturers, signaling that security concerns over the matter are easing.Reliance Communications and.....]]></description><pubDate>August 21,2010</pubDate></item><item><title><![CDATA[Soybean, soyoil shed over 1 pc on output view [August 21,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/168/Soybean_soyoil_shed_over_1_pc_on_output_view.html]]></guid><description><![CDATA[MUMBAI: Indian soybean and soyoil futures shed over 1 percent on Friday afternoon, as hopes of higher output of summer-sown oilseeds and fall in global markets depressed sentiment, analysts said. "Overseas markets are weak. Selling pressure is buildi.....]]></description><pubDate>August 21,2010</pubDate></item><item><title><![CDATA[Foreign trade policy to be reviewed Monday [August 21,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/171/Foreign_trade_policy_to_be_reviewed_Monday.html]]></guid><description><![CDATA[Commerce and Industry Minister Anand Sharma will Monday announce annual supplement to the foreign trade policy amid slower growth in exports that might force the government to lower its $200 billion exports target.India's exports growth fell to 13.2 .....]]></description><pubDate>August 21,2010</pubDate></item><item><title><![CDATA[India's Petronet to get spot LNG cargo early Sept-trade [August 21,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/172/India's_Petronet_to_get_spot_LNG_cargo_early_Sept-trade.html]]></guid><description><![CDATA[India's Petronet LNG (PLNG.BO) will get a spot cargo of liquefied natural gas (LNG) from Qatar's RasGas in early September, a trade source said on Friday, the first in eight months to plug supplies hit by a shutdown of oil and gas fields on the west .....]]></description><pubDate>August 21,2010</pubDate></item><item><title><![CDATA[Kerala raises concern over move to slash rubber Import Duty [August 21,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/170/Kerala_raises_concern_over_move_to_slash_rubber_Import_Duty.html]]></guid><description><![CDATA[THIRUVANANTHAPURAM: Both ruling LDF and opposition UDF in Kerala expressed concern over Centre\'s reported move to slash import duty on natural rubber, holding it would deal a blow to the state, which accounts for 90% of the production in the country.....]]></description><pubDate>August 21,2010</pubDate></item><item><title><![CDATA[All about exporters and duty-free scrips [August 19,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/164/All_about_exporters_and_duty-free_scrips.html]]></guid><description><![CDATA[The foreign trade policy, to be announced on Monday, is expected to offer more incentives to exporters to help them tide over the effects of a likely demand slump in their major markets such as the US and Europe. A large part of these sops are likely.....]]></description><pubDate>August 19,2010</pubDate></item><item><title><![CDATA[Govt to import 45,000 tons of sugar within Sept [August 19,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/162/Govt_to_import_45000_tons_of_sugar_within_Sept.html]]></guid><description><![CDATA[KATHMANDU, Aug 18: Two state-owned entities -- Salt Trading Corporation (STC) and National Trading Ltd (LTD) - are making preparation to complete imports of 45,000 tons of sugar by the end of September.The Ministry of Commerce and Supplies a few mont.....]]></description><pubDate>August 19,2010</pubDate></item><item><title><![CDATA[Inverted duty structures in FTAs not good: ACMA [August 19,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/163/Inverted_duty_structures_in_FTAs_not_good_ACMA.html]]></guid><description><![CDATA[Automotive Component Manufacturer Association of India (ACMA) Wednesday urged the government to look into the inverted duty structures in free trade agreements (FTAs) which it intends to sign.'We want the government to look into this matter of invert.....]]></description><pubDate>August 19,2010</pubDate></item><item><title><![CDATA[Merchandise exports up 13% in July, slowest in nine months [August 19,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/165/Merchandise_exports_up_13%_in_July_slowest_in_nine_months.html]]></guid><description><![CDATA[India's merchandise exports rose in July at the slowest pace in nine months, reflecting the fading of a favourable base effect and fragile demand recovery in developed markets.The slower growth in overseas shipments adds pressure on the government to.....]]></description><pubDate>August 19,2010</pubDate></item><item><title><![CDATA[Govt. may announce sops for laggard export sections on August 23 [August 19,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/166/Govt_may_announce_sops_for_laggard_export_sections_on_August_23.html]]></guid><description><![CDATA[Apprehending slowdown in exports in the coming months, the government is likely to announce additional sops for laggard sectors like textiles and handicrafts, in its Foreign Trade Policy review on August 23.Sources in the Commerce Ministry said that .....]]></description><pubDate>August 19,2010</pubDate></item><item><title><![CDATA[India needs to import 83 mn tonne coal by 2011-12 [August 18,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/153/India_needs_to_import_83_mn_tonne_coal_by_2011-12.html]]></guid><description><![CDATA[To meet the rising demand of coal, India will need to import at least 83 million tonnes by 2011-12, Coal Minister Sriprakash Jaiswal said here Friday.&lsquo;The demand projected in the mid-term appraisal of 11th Plan for 2011-12 is 713 million tonnes.....]]></description><pubDate>August 18,2010</pubDate></item><item><title><![CDATA[July trade gap widens [August 18,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/154/July_trade_gap_widens.html]]></guid><description><![CDATA[NEW DELHI: Exporters are demanding special package for certain sectors in the revised Foreign Trade Policy (FTP) scheduled on August 23. The demand came after the Commerce Ministry announced the trade deficit figure for the month of July.&nbsp;India&.....]]></description><pubDate>August 18,2010</pubDate></item><item><title><![CDATA[Plant & Machinery Manufacturers oppose any Anti-dumping probe on Imports of Hot Rolled Flat Products [August 18,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/156/Plant_&_Machinery_Manufacturers_oppose_any_Anti-dumping_probe_on_Imports_of_Hot_Rolled_Flat_Products.html]]></guid><description><![CDATA[Write to Union Commerce Minister to exclude products which are beyond 1250mm in width as they are not manufactured in the countryNew Delhi - Process Plant machinery manufacturing and exporting companies in the country have written to the Union Commer.....]]></description><pubDate>August 18,2010</pubDate></item><item><title><![CDATA[ Indian iron ore loses out in china [August 18,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/158/_Indian_iron_ore_loses_out_in_china.html]]></guid><description><![CDATA[Karnataka export ban, China&rsquo;s stoppage of low-grade ores ensure steep fall.India&rsquo;s iron ore exports to China fell sharply in July. Reasons: China&rsquo;s ban on low-grade iron ore imports and Karnataka&rsquo;s move to ban exports from its.....]]></description><pubDate>August 18,2010</pubDate></item><item><title><![CDATA[Shell India imports second spot LNG cargo from Yemen LNG [August 18,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/159/Shell_India_imports_second_spot_LNG_cargo_from_Yemen_LNG.html]]></guid><description><![CDATA[Shell India has imported a 160,000 cubic meter spot cargo from Yemen LNG, an official with the Gujarat state government has said.The cargo was loaded on to the LNG tanker Maersk Marib at Balhaf, east Yemen. The cargo was the second Shell imported fro.....]]></description><pubDate>August 18,2010</pubDate></item><item><title><![CDATA[Cooking Oil Imports by India Advance for First Time This Year on Festivals [August 17,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/148/Cooking_Oil_Imports_by_India_Advance_for_First_Time_This_Year_on_Festivals.html]]></guid><description><![CDATA[Vegetable oil imports by India, the biggest consumer after China, in July gained for the first time this year as demand climbed before religious festivals.Purchases advanced 34 percent to 800,644 metric tons from 596,024 tons a year earlier, the Solv.....]]></description><pubDate>August 17,2010</pubDate></item><item><title><![CDATA[Sensitive items' import up 14.2 per cent in Apr-May [August 17,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/149/Sensitive_items'_import_up_142_per_cent_in_Apr-May.html]]></guid><description><![CDATA[NEW DELHI: India's foodgrain import soared to Rs 31.28 crore and that of milk and dairy products to Rs 204.65 crore in April-May 2010 over the year ago period. During the year-ago period, the foodgrain import bill was only Rs 1.22 crore and of milk a.....]]></description><pubDate>August 17,2010</pubDate></item><item><title><![CDATA[Private power producers protest import duty move [August 17,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/150/Private_power_producers_protest_import_duty_move.html]]></guid><description><![CDATA[Private sector power producers such as Reliance Power, Tata Power, Essar Power, AES India, and Adani have strongly opposed the government's proposed move to levy 14 per cent customs duty on foreign power generation equipment. Ostensibly meant to give.....]]></description><pubDate>August 17,2010</pubDate></item><item><title><![CDATA[India sets new price for ethanol to promote biofuel [August 17,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/151/India_sets_new_price_for_ethanol_to_promote_biofuel.html]]></guid><description><![CDATA[India's cabinet on Monday raised the price at which oil firms buy ethanol from sugar mills as part of efforts to promote mixing of the biofuel with petrol, a government statement said.The cabinet asked oil firms to pay 27 rupees ($0.576) per litre fo.....]]></description><pubDate>August 17,2010</pubDate></item><item><title><![CDATA[U.S. Corn Export Prospects Increase [August 17,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/152/US_Corn_Export_Prospects_Increase.html]]></guid><description><![CDATA[Global 2010/11 corn trade is forecast up 1.7 million tons this month to 91.4 million. Reduced availability of barley and low-priced wheat are expected to boost demand for corn. Also China is expected to continue to import corn in 2010/11 as internal .....]]></description><pubDate>August 17,2010</pubDate></item><item><title><![CDATA[India vows to fight liberal import of used goods [August 16,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/142/India_vows_to_fight_liberal_import_of_used_goods.html]]></guid><description><![CDATA[NEW DELHI: India has opposed suggestion by some developed countries for more liberal trade in remanufactured goods or refurbished old products fearing it could harm the country&rsquo;s domestic industry and also have environmental ramifications. In a.....]]></description><pubDate>August 16,2010</pubDate></item><item><title><![CDATA[Private cos oppose duty on power generation gear [August 16,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/143/Private_cos_oppose_duty_on_power_generation_gear.html]]></guid><description><![CDATA[NEW DELHI: Private sector power producers such as Reliance Power, Tata Power, Essar Power, AES India, Adani have joined hands to oppose government&rsquo;sproposed move to levy customs duty on foreign power generation equipment to give boost to domest.....]]></description><pubDate>August 16,2010</pubDate></item><item><title><![CDATA[India allows upto 200,000 tonne sugar for exports [August 16,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/144/India_allows_upto_200000_tonne_sugar_for_exports.html]]></guid><description><![CDATA[NEW DELHI: India has allowed export of 150,000 tonnes to 200,000 tonnes of sugar that was imported by millers but could not be shifted out of the Port due to a shortage of railway wagons, Agriculture Minister Sharad Pawar said. "We had requested the .....]]></description><pubDate>August 16,2010</pubDate></item><item><title><![CDATA[Lean local trade, exports hit pepper mkt [August 16,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/145/Lean_local_trade_exports_hit_pepper_mkt.html]]></guid><description><![CDATA[Kochi: Pepper market in India is going through a bearish phase with the decline in domestic trade and export volumes. Traders are expecting very little trade in the near-term and are hopeful that the market will rebound only with the festival demand .....]]></description><pubDate>August 16,2010</pubDate></item><item><title><![CDATA[New US law may shoot up costs for exporters [August 16,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/146/New_US_law_may_shoot_up_costs_for_exporters.html]]></guid><description><![CDATA[Indian exporters tran&shy;saction costs may go up steeply as the Obama administration proposes to put the onus of supply of faulty products to the exporter-manufacturer rather than the agent.While Indian exporters are already grappling with high tran.....]]></description><pubDate>August 16,2010</pubDate></item><item><title><![CDATA[India resumes sugar exports [August 14,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/137/India_resumes_sugar_exports.html]]></guid><description><![CDATA[NEW DELHI: After several months of export ban, India has recommenced exports. Around 25000 tonnes have been shipped to Sri Lanka and another 300000 tonnes are understood to be in line for export to Pakistan and Bangladesh.The exports, however, are ex.....]]></description><pubDate>August 14,2010</pubDate></item><item><title><![CDATA[Spices exports seen up 10-15%: AISEF chairman [August 14,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/138/Spices_exports_seen_up_10-15%_AISEF_chairman.html]]></guid><description><![CDATA[MUMBAI: Spices export may rise 10-15 per cent in the financial year to March on increasing demand and deepening overseas market, All India Spices Exporters Forum (AISEF) chairman said."I expect a good rise in the export demand of chilli and turmeric .....]]></description><pubDate>August 14,2010</pubDate></item><item><title><![CDATA[Carpet exports grow over 6 per cent in July [August 14,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/139/Carpet_exports_grow_over_6_per_cent_in_July.html]]></guid><description><![CDATA[NEW DELHI: India's carpet exports grew by over six per cent to $53 million in July against a year ago period, on demand from new markets like Russia and Dubai.In July 2009, the carpet exports stood at $49 million, according to Carpet Export Promotion.....]]></description><pubDate>August 14,2010</pubDate></item><item><title><![CDATA[Coir exports increase sharply in first qtr [August 14,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/140/Coir_exports_increase_sharply_in_first_qtr.html]]></guid><description><![CDATA[Kochi: Coir exports from India have shown a spectacular rise during the first quarter of 2010-11. Volume of exports in April-June 2010 grew by 82% and value realisation went up by 21.5%, Coir Board sources said.Trade in traditional products like rugs.....]]></description><pubDate>August 14,2010</pubDate></item><item><title><![CDATA[India needs to import 83 mn tonne coal by 2011-12 [August 14,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/141/India_needs_to_import_83_mn_tonne_coal_by_2011-12.html]]></guid><description><![CDATA[KOLKATA: To meet the rising demand of coal, India will need to import at least 83 million tonnes by 2011-12, Coal Minister Sriprakash Jaiswal said in Kolkata on Friday."The demand projected in the mid-term appraisal of 11th Plan for 2011-12 is 713 mi.....]]></description><pubDate>August 14,2010</pubDate></item><item><title><![CDATA[Single window system for VAT refunds for Delhi exporters [August 13,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/134/Single_window_system_for_VAT_refunds_for_Delhi_exporters.html]]></guid><description><![CDATA[NEW DELHI: Exporters in Delhi will no more have to rush from one department to another for refund of the value added tax (VAT). The Delhi government Thursday started a single window service to speed up the process of payment of VAT refunds to the exp.....]]></description><pubDate>August 13,2010</pubDate></item><item><title><![CDATA[India allows upto 200,000 tonne sugar for exports [August 13,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/132/India_allows_upto_200000_tonne_sugar_for_exports.html]]></guid><description><![CDATA[NEW DELHI: India has allowed export of 150,000 tonnes to 200,000 tonnes of sugar that was imported by millers but could not be shifted out of the port due to a shortage of railway wagons, Agriculture Minister Sharad Pawar said."We had requested the r.....]]></description><pubDate>August 13,2010</pubDate></item><item><title><![CDATA[More cos may be allowed to export on self-verification [August 13,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/133/More_cos_may_be_allowed_to_export_on_self-verification.html]]></guid><description><![CDATA[NEW DELHI: Exports of leather, handicraft, carpets and some engineering goods are likely to get fresh incentives in the annual review of the foreign trade policy to enable them them tide over the poor demand in the Western markets.The commerce and in.....]]></description><pubDate>August 13,2010</pubDate></item><item><title><![CDATA[Zero duty on exports of capital goods on cards [August 13,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/135/Zero_duty_on_exports_of_capital_goods_on_cards.html]]></guid><description><![CDATA[Indian merchandise exports may go green. Com&shy;merce minister Anand Sha&shy;rma will consider zero duty benefits under export pro&shy;m&shy;otion of capital goods (EPCG) scheme to goods across sectors till March 31, 2014.This will help companies av.....]]></description><pubDate>August 13,2010</pubDate></item><item><title><![CDATA[Mumbai Port Partially Re-Opens as Work Clearing Shed Containers Continues [August 13,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/136/Mumbai_Port_Partially_Re-Opens_as_Work_Clearing_Shed_Containers_Continues.html]]></guid><description><![CDATA[India&rsquo;s busiest container port resumed partial operations, ending a three-day shutdown caused by a ship collision that stranded about $4 billion of exports.Jawaharlal Nehru Port let one ship through this morning and will allow vessels with a dr.....]]></description><pubDate>August 13,2010</pubDate></item><item><title><![CDATA[India may allow export of cotton from October - report [August 12,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/125/India_may_allow_export_of_cotton_from_October_-_report.html]]></guid><description><![CDATA[MUMBAI (Reuters) -India is likely to allow exports of cotton freely without any tax from October and a notification regarding this may be issued in two weeks, the Economic Times reported on Wednesday.However, there would be a cap on the amount of fib.....]]></description><pubDate>August 12,2010</pubDate></item><item><title><![CDATA[India gives $42 million credit for Congo power project [August 12,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/126/India_gives_$42_million_credit_for_Congo_power_project.html]]></guid><description><![CDATA[KINSHASA: The Export Import Bank of India has approved a US$42 million line of credit from the Indian government to the Democratic Republic of Congo for building a hydro-electric plant in this central African country.Indian AmbassadorD.N. Srivastava .....]]></description><pubDate>August 12,2010</pubDate></item><item><title><![CDATA[Gems & jewellery export likely to rise 20% [August 12,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/128/Gems_&_jewellery_export_likely_to_rise_20%.html]]></guid><description><![CDATA[New Delhi: India&rsquo;s gems and jewellery exports are expected to rise by 15%-20% in 2010-11 on the back of increased market share in the US and also in other countries.In US, which is one of the largest markets for India&rsquo;s gems and jewellery.....]]></description><pubDate>August 12,2010</pubDate></item><item><title><![CDATA[Cement exports dip 29 pc at 2.27 mn tn in 2009-10 [August 12,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/129/Cement_exports_dip_29_pc_at_227_mn_tn_in_2009-10.html]]></guid><description><![CDATA[NEW DELHI: India's cement export declined by 29 per cent to 2.27 million tonnes in 2009-10 fiscal, Rajya Sabha was informed today.The country had exported 3.2 million tonnes of cement in the previous fiscal, Minister of State for Commerce and Industr.....]]></description><pubDate>August 12,2010</pubDate></item><item><title><![CDATA[Exporters want less pesticide in basmati [August 12,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/130/Exporters_want_less_pesticide_in_basmati.html]]></guid><description><![CDATA[New Delhi: With Europe and Gulf countries, putting in place stringent safety norms for ensuring that pesticide residue in agricultural crops remain below prescribed limits, basmati (aromatic rice) exporters from India have urged the Union agriculture.....]]></description><pubDate>August 12,2010</pubDate></item><item><title><![CDATA[Industry fears huge losses in case ports remain closed [August 11,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/120/Industry_fears_huge_losses_in_case_ports_remain_closed.html]]></guid><description><![CDATA[With operations at the Mumbai Port Trust (MPT) and the Jawaharlal Nehru Port Trust (JNPT) coming to a standstill following the collision between two Panamanian cargo ships &mdash; MSC Chitra and MV Khalijia-111 &mdash; off the Mumbai coast on Saturda.....]]></description><pubDate>August 11,2010</pubDate></item><item><title><![CDATA[Japanese demand boosts Indian seafood exports in Q1 [August 11,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/121/Japanese_demand_boosts_Indian_seafood_exports_in_Q1.html]]></guid><description><![CDATA[Kochi: Significant buying of shrimps by Japan has helped Indian seafood sector register a good growth during the first quarter of 2010-11 .After trailing during the first two months of 2010-11, exports were up by 5.6% in volume and 7.6% in rupee term.....]]></description><pubDate>August 11,2010</pubDate></item><item><title><![CDATA[Ports shutdown: Daily import duty loss is Rs 85 crore [August 11,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/122/Ports_shutdown_Daily_import_duty_loss_is_Rs_85_crore.html]]></guid><description><![CDATA[Saturday's ship collision and the resultant oil spill has stalled operations at India's busiest ports, Mumbai Port Trust (MPT) and Jawaharlal Nehru Port Trust (JNPT). While JNPT handles more than half of India's container traffic, MPT manages one-fif.....]]></description><pubDate>August 11,2010</pubDate></item><item><title><![CDATA[Rubber import likely to surge on high domestic prices [August 11,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/123/Rubber_import_likely_to_surge_on_high_domestic_prices.html]]></guid><description><![CDATA[Mumbai: India is likely to import 110,000 tonne of natural rubber in 2010-11 as record-high local prices forced tyre makers to source more raw material from abroad, a Rubber Board official said.This is higher than the board's April estimate of 70,000.....]]></description><pubDate>August 11,2010</pubDate></item><item><title><![CDATA[Power gear imports set for uniform duty [August 11,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/124/Power_gear_imports_set_for_uniform_duty.html]]></guid><description><![CDATA[Duty benefits available for the import of plant equipment for mega and ultra-mega power projects would be withdrawn by August 31, 2010. The power ministry has requested the Committee of Secretaries (CoS) headed by Cabinet Secretary, K.M. Chandrasekha.....]]></description><pubDate>August 11,2010</pubDate></item><item><title><![CDATA[Trading firms may supply Indian sugar to Pakistan [August 10,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/115/Trading_firms_may_supply_Indian_sugar_to_Pakistan.html]]></guid><description><![CDATA[(Reuters) - India may export 320,000 tonnes of sugar to Pakistan, its first shipment to the neighbouring country in two years as local output is set to jump after higher cane planting and adequate monsoon rains.Two sources familiar with the deal told.....]]></description><pubDate>August 10,2010</pubDate></item><item><title><![CDATA[India to export 5 lakh tonnes rice to Bangladesh [August 10,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/116/India_to_export_5_lakh_tonnes_rice_to_Bangladesh.html]]></guid><description><![CDATA[India has allowed the export of 300,000 tonnes of non-basmati rice and 200,000 tonnes of wheat to Bangladesh, a government statement said last week, as good rainfall and higher planting have boosted crop prospects.India, which curbed grain exports in.....]]></description><pubDate>August 10,2010</pubDate></item><item><title><![CDATA[Wheat almost steady; bumper crop offsets exports [August 10,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/117/Wheat_almost_steady;_bumper_crop_offsets_exports.html]]></guid><description><![CDATA[MUMBAI: India's wheat futures were almost steady on Monday afternoon as bumper output and stocks offset market talk of increasing exports to Asian neighbours as a drought forced Russia to temporarily halt shipments, analysts and trade said. The Septe.....]]></description><pubDate>August 10,2010</pubDate></item><item><title><![CDATA[Auto exports jump 42% in July; bikes soar 46% [August 10,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/118/Auto_exports_jump_42%_in_July;_bikes_soar_46%.html]]></guid><description><![CDATA[Automobile exports from India increased by 41.81 per cent in July to 1,98,368 units, mainly riding on the back of the motorcycle segment. According to the Society of Indian Automobile Manufacturers (SIAM), overall auto exports in July, 2009, stood at.....]]></description><pubDate>August 10,2010</pubDate></item><item><title><![CDATA[High prices may reduce India's wheat import [August 10,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/119/High_prices_may_reduce_India's_wheat_import.html]]></guid><description><![CDATA[New Delhi India's wheat imports may decline 37 per cent to 1,00,000 tonnes this fiscal because of high global prices that have surged on supply concerns in Russia, where a severe drought has hit the crop, trade experts said.Russia has decided to ban .....]]></description><pubDate>August 10,2010</pubDate></item><item><title><![CDATA[EEPC India to open sub-regional office in Ahmedabad [August 09,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/110/EEPC_India_to_open_sub-regional_office_in_Ahmedabad.html]]></guid><description><![CDATA[Ahmedabad, Aug 8(PTI) Engineering export promotion body, EEPC India today said it will shortly open a sub-regional office here to facilitate exports. "EEPC office will be issuing membership and registration-cum-membership-certificate (RCMC), which is.....]]></description><pubDate>August 09,2010</pubDate></item><item><title><![CDATA[India to export 5 lakh tonnes rice, wheat [August 09,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/111/India_to_export_5_lakh_tonnes_rice_wheat.html]]></guid><description><![CDATA[Indian Finance Minister Pranab Mukherjee yesterday said New Delhi has decided to export three lakh tonnes of rice and two lakh tonnes of wheat to Bangladesh relaxing an export ban on essential commodities."We are committed to assisting Bangladesh in .....]]></description><pubDate>August 09,2010</pubDate></item><item><title><![CDATA[Tea outlook remains bullish [August 09,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/112/Tea_outlook_remains_bullish.html]]></guid><description><![CDATA[The outlook for tea is quite bullish with the commodity setting new records in price in the domestic as well as export markets. Prices of north Indian tea, which consists of 75% of the country&rsquo;s tea production of 980 million kg, are on the rise.....]]></description><pubDate>August 09,2010</pubDate></item><item><title><![CDATA[Assocham seeks ban on iron ore exports [August 09,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/113/Assocham_seeks_ban_on_iron_ore_exports.html]]></guid><description><![CDATA[Iron ore exports should be banned from all ore producing states in order to preserve this natural resource for future value addition with in the country."While India is exporting its natural resources to China, China is building up inventory for futu.....]]></description><pubDate>August 09,2010</pubDate></item><item><title><![CDATA[Textile sector witnesses 11% hike in FDI for 2009 [August 09,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/114/Textile_sector_witnesses_11%_hike_in_FDI_for_2009.html]]></guid><description><![CDATA[As compared to 2008, Foreign Direct Investment (FDI) in textile sector in India for 2009 has gone up by 11 percent to Rs 9.687 billion. FDI in textile sector during 2008 was recorded at Rs 8.696 billion.Minister of State for Textiles, Panabaaka Laksh.....]]></description><pubDate>August 09,2010</pubDate></item><item><title><![CDATA[Rupee softens by 3 paise against dollar [August 06,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/109/Rupee_softens_by_3_paise_against_dollar.html]]></guid><description><![CDATA[The Indian rupee today softened by a 3 paise to 46.19/20 against the U.S. dollar in lacklustre trade at the Interbank Foreign Exchange market.The rupee opened lower at 46.21/22 a dollar against its previous close of 46.16/17 and dropped further to a .....]]></description><pubDate>August 06,2010</pubDate></item><item><title><![CDATA[Up to Rs 25k duty-free shopping for travellers to Hong Kong [August 05,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/104/Up_to_Rs_25k_duty-free_shopping_for_travellers_to_Hong_Kong.html]]></guid><description><![CDATA[NEW DELHI: The government today said that persons returning from Hong Kong will be allowed to carry duty-free goods worth up to Rs 25,000 as against Rs 6,000 for China, as they are separate customs territories."The Ministry of External Affairs has cl.....]]></description><pubDate>August 05,2010</pubDate></item><item><title><![CDATA[Mundra Port lines up Rs 6k-cr expansion [August 05,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/105/Mundra_Port_lines_up_Rs_6k-cr_expansion.html]]></guid><description><![CDATA[AHMEDABAD: Adani Group company Mundra Port and SEZ (MPSEZ) on Wednesday said it will pump in Rs 6,000 crore over the next three to five years for port development.The company that posted a 24% rise in its net profit said it improved its share in the .....]]></description><pubDate>August 05,2010</pubDate></item><item><title><![CDATA[India Imposes Anti-dumping Duty on Viscose Staple Fiber from China and Indonesia [August 05,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/106/India_Imposes_Anti-dumping_Duty_on_Viscose_Staple_Fiber_from_China_and_Indonesia.html]]></guid><description><![CDATA[The Revenue Department has notified imposition of definitive anti-dumping duty on imported Viscose Staple Fibre (VSF) excluding bamboo fibre from China and Indonesia, following the recommendation of this levy by the Designated Authority in the Commer.....]]></description><pubDate>August 05,2010</pubDate></item><item><title><![CDATA[India-Colombia trade to grow by 23 percent by 2011 [August 05,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/107/India-Colombia_trade_to_grow_by_23_percent_by_2011.html]]></guid><description><![CDATA[Bilateral trade between India and Colombia is expected to increase around 23 percent to $1 billion in 2010-11, Colombian ambassador Juan Alfredo Pinto Saavedra said here Wednesday.'The bilateral trade was $813 million in 2009-10. In 2011, we expect i.....]]></description><pubDate>August 05,2010</pubDate></item><item><title><![CDATA[Rupee declines 7 paise against dollar in early trade [August 05,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/108/Rupee_declines_7_paise_against_dollar_in_early_trade.html]]></guid><description><![CDATA[The rupee today depreciated by 7 paise against the dollar in early trade weighed down by the U.S. currency&rsquo;s gain overseas.At the Interbank Foreign Exchange market, the domestic unit was quoted 7 paise lower at 46.23 a dollar. The rupee had set.....]]></description><pubDate>August 05,2010</pubDate></item><item><title><![CDATA[India can take inflows up to $150 bn without capital controls: RBI, govt [August 04,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/93/India_can_take_inflows_up_to_$150_bn_without_capital_controls_RBI_govt.html]]></guid><description><![CDATA[Policymakers are now more optimistic of the economy&rsquo;s capacity to absorb capital inflows without having to resort to artificial controls. The government, together with the Reserve Bank of India (RBI), have discussed the matter and have come to .....]]></description><pubDate>August 04,2010</pubDate></item><item><title><![CDATA[Tea output down 12% in June; export falls 15% [August 04,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/95/Tea_output_down_12%_in_June;_export_falls_15%.html]]></guid><description><![CDATA[The country's tea production in June slipped close to 12 per cent to 104.03 million kg.The lower production was attributed to lower rainfall, decreased soil humidity and increased pest attack in some of the major tea growing areas of the country, esp.....]]></description><pubDate>August 04,2010</pubDate></item><item><title><![CDATA[INDIA: Despite ban cotton exports rise [August 04,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/96/INDIA_Despite_ban_cotton_exports_rise.html]]></guid><description><![CDATA[CHENNAI: Despite a ban on exports, cotton shipments from the country is estimated to have increased this season ending September.Exports are estimated to be 83 lakh bales (of 170 kg each) against 80 lakh bales last season, according to estimates of t.....]]></description><pubDate>August 04,2010</pubDate></item><item><title><![CDATA[India's June Exports Up By 27.1% [August 04,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/97/India's_June_Exports_Up_By_271%.html]]></guid><description><![CDATA[India's exports in June 2010 were Rs,82,632 crore or $ 17745 million, compared with the Rs.64,996 crore or $13,606 million in June last year. In rupee terms, the increase was 27.1 per cent and 30.4 per cent in dollar terms.For April-June 2010, export.....]]></description><pubDate>August 04,2010</pubDate></item><item><title><![CDATA[Coffee exports rise 46% in 2009-10 so far [August 04,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/98/Coffee_exports_rise_46%_in_2009-10_so_far.html]]></guid><description><![CDATA[Mumbai: Coffee exports from India, the world&rsquo;s fifth biggest producer, jumped about 46% to 224,075 tonnes between 1 October 2009 and 2 August over the same period a year ago, the state-run Coffee Board said on on Tuesday.&ldquo;There is very go.....]]></description><pubDate>August 04,2010</pubDate></item><item><title><![CDATA[INDIA: Cotton steady on export inquiries [August 04,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/99/INDIA_Cotton_steady_on_export_inquiries.html]]></guid><description><![CDATA[RAJKOT: Cotton prices ruled steady on higher levels as domestic demand was strong and export inquires increased.The price in Gujarat for Shankar-6 was quoted at Rs 29,700-30,000 for a candy of 356 kg. The price in Maharashtra for the same variety was.....]]></description><pubDate>August 04,2010</pubDate></item><item><title><![CDATA[Indian iron ore miners could bear 5% hike in export duty: MSPL [August 04,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/100/Indian_iron_ore_miners_could_bear_5%_hike_in_export_duty_MSPL.html]]></guid><description><![CDATA[Indian iron ore exporters would still generate a net realizable value of 12-39% if export duties on the steelmaking raw material were increased by 5%, Suresh Kumar, vice president of shipping and project for MSPL, a producer with mines in Karnataka s.....]]></description><pubDate>August 04,2010</pubDate></item><item><title><![CDATA[Seafood export values to increase [August 04,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/101/Seafood_export_values_to_increase.html]]></guid><description><![CDATA[The total export value of seafood is expected to increase by 13.4percent to 4.8 billion USD this year, the Ministry of Agriculture andRural Development's Centre of Informatics and Statistics has announced.World prices for many types of seafood had in.....]]></description><pubDate>August 04,2010</pubDate></item><item><title><![CDATA[Banks violated forex derivative norms: RBI [August 04,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/102/Banks_violated_forex_derivative_norms_RBI.html]]></guid><description><![CDATA[Mumbai: 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.....]]></description><pubDate>August 04,2010</pubDate></item><item><title><![CDATA[Anti-dumping duty imposed on laminated films from China [August 04,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/103/Anti-dumping_duty_imposed_on_laminated_films_from_China.html]]></guid><description><![CDATA[The government has imposed an anti-dumping duty of up to Rs. 25 per kg on import of a laminated product from China, which is used in signboards.&ldquo;The anti-dumping duty imposed... shall be effective up to 29 January, 2011,&rdquo; a notification b.....]]></description><pubDate>August 04,2010</pubDate></item><item><title><![CDATA[India has no plans to tax wheat imports: Pawar [August 03,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/88/India_has_no_plans_to_tax_wheat_imports_Pawar.html]]></guid><description><![CDATA[NEW DELHI: India has no plans to tax imports of wheat for now, Farm Minister Sharad Pawar told reporters on Monday. On July 16, Pawar had said a ministerial panel would consider a proposal to levy import tax on wheat. "The proposal is not being consi.....]]></description><pubDate>August 03,2010</pubDate></item><item><title><![CDATA[India allows telecoms equipment imports but imposes security guidelines [August 03,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/89/India_allows_telecoms_equipment_imports_but_imposes_security_guidelines.html]]></guid><description><![CDATA[The Indian government has issued new guidelines with immediate effect allowing the import of network equipment from foreign telecoms vendors. Procurement had been barred since early 2010, with several interim proposals mooted. This uncertainty in the.....]]></description><pubDate>August 03,2010</pubDate></item><item><title><![CDATA[Gold traders extend buying as rupee helps [August 03,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/90/Gold_traders_extend_buying_as_rupee_helps.html]]></guid><description><![CDATA[MUMBAI: India gold buying continued a pick-up from last week to Monday afternoon as traders booked deals to take advantage of a strong rupee, which made the dollar-quoted asset cheaper, dealers said."There is good buying at current levels as the doll.....]]></description><pubDate>August 03,2010</pubDate></item><item><title><![CDATA[Jute bag exports to India hit snag [August 03,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/91/Jute_bag_exports_to_India_hit_snag.html]]></guid><description><![CDATA[




Exports of jute bags to India faced a setback last month, as the largest buyer of jute products from Bangladesh started requiring exporters to print the country of origin on each bag, enforcing a rule ignored for the past eight years, indus.....]]></description><pubDate>August 03,2010</pubDate></item><item><title><![CDATA[India's June exports up 30.4% yoy [August 03,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/92/India's_June_exports_up_304%_yoy.html]]></guid><description><![CDATA[Growth in India's exports slowed marginally in June but expansion in imports moderated even more sharply, raising some concerns over the pace of India's trade amid lingering doubts about the global economic recovery.India's merchandise exports grew b.....]]></description><pubDate>August 03,2010</pubDate></item><item><title><![CDATA[Duty benefits on power equipment imports to go [August 02,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/83/Duty_benefits_on_power_equipment_imports_to_go.html]]></guid><description><![CDATA[Special duty benefits on the import of equipment for mega- and ultra-mega power projects are all set to go as the government tries to check the surge in imports of cheap power equipment, especially from China. Instead, a uniform duty structure has be.....]]></description><pubDate>August 02,2010</pubDate></item><item><title><![CDATA[Japan, China, India, Malaysia, Singapore: Asia Bond, Currency Preview [August 02,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/84/Japan_China_India_Malaysia_Singapore_Asia_Bond_Currency_Preview.html]]></guid><description><![CDATA[The following events and economic reports may influence trading in Asia&rsquo;s local bonds and currencies today. Bond yields and exchange rates are from the previous trading session unless stated otherwise.Japan: Japan&rsquo;s Chief Cabinet Secretar.....]]></description><pubDate>August 02,2010</pubDate></item><item><title><![CDATA[Steel imports up 25% in 2009-10 [August 02,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/85/Steel_imports_up_25%_in_2009-10.html]]></guid><description><![CDATA[Steel imports for the year 2009-10 have risen 25 per cent. This is according to the provisional figures released by the Joint Plant Committee. As compared to 5.839 million tonnes of steel imports in 2008-09, the figure shot up to 7.296 mt last year.I.....]]></description><pubDate>August 02,2010</pubDate></item><item><title><![CDATA[Japan's Polished Diamond Imports +18% in June [August 02,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/86/Japan's_Polished_Diamond_Imports_+18%_in_June.html]]></guid><description><![CDATA[Japan&rsquo;s polished diamond imports rose 18 percent to $60.1 million in June 2010, according to data published by Momozawa &amp; Co., based on information obtained from the country's Customs Bureau at the Ministry of Finance. By volume, the import.....]]></description><pubDate>August 02,2010</pubDate></item><item><title><![CDATA[Argentina, India to take up agri exports issues [August 02,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/87/Argentina_India_to_take_up_agri_exports_issues.html]]></guid><description><![CDATA[New Delhi: Agriculture minister of Argentina Julian Dominguez would visit New Delhi on Monday to strengthen bilateral trade between the two countries. Apart from meeting his counterpart, agriculture minister Sharad Pawar, discussing export of soy oil.....]]></description><pubDate>August 02,2010</pubDate></item><item><title><![CDATA[Japan Exports 38% of Tio2 imports of Chian during the month of June 2010 [July 31,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/78/Japan_Exports_38%_of_Tio2_imports_of_Chian_during_the_month_of_June_2010.html]]></guid><description><![CDATA[Titanium Dioxide Report: As per data analysis by our team,In the month of June 2010, Japan exported 5202 MT of Tio2. The country exported 1955 MT (38%) to China, 705 MT (14%) to Taiwan, 627 MT (12%) to Indonesia,386 MT (7%) to Thailand, 266 MT (5%) t.....]]></description><pubDate>July 31,2010</pubDate></item><item><title><![CDATA[NZ imports no threat, says Indian company [July 31,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/79/NZ_imports_no_threat_says_Indian_company.html]]></guid><description><![CDATA[India's largest private dairy company, Hatsen Agro Product Limited, says importing New Zealand dairy products to cover a local shortfall will not affect Indian farmers.During the past week, members of the Hindu nationalist party Shiv Sena have staged.....]]></description><pubDate>July 31,2010</pubDate></item><item><title><![CDATA[Soyoil rallies on strong buying interest [July 31,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/80/Soyoil_rallies_on_strong_buying_interest.html]]></guid><description><![CDATA[The refined soy oil futures rallied to new contract high on Thursday on strong buying interest.Traders bought futures anticipating good domestic demand ahead of festivals in India.Reports of lower soy oil imports in next 2-3 months added bullish stre.....]]></description><pubDate>July 31,2010</pubDate></item><item><title><![CDATA[Textile exports to US, EU increase in Jan-May [July 31,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/81/Textile_exports_to_US_EU_increase_in_Jan-May.html]]></guid><description><![CDATA[Textiles and garment exports from the country to the US and the EU countries have increased by 1.61 and 11.66 percent, respectively for the period January-May this year compared to the corresponding period in 2009, said Minister of State for Textiles.....]]></description><pubDate>July 31,2010</pubDate></item><item><title><![CDATA[Turmeric rise on higher export demand [July 31,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/82/Turmeric_rise_on_higher_export_demand.html]]></guid><description><![CDATA[Turmeric moved up by 1% 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.Demand from exporters may increase ahead of.....]]></description><pubDate>July 31,2010</pubDate></item><item><title><![CDATA[Gold imports up 7.8% on improved festival buying [July 30,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/73/Gold_imports_up_78%_on_improved_festival_buying.html]]></guid><description><![CDATA[India's gold imports were up 7.79 per cent in seven months to July this year on improved festival demand and occasional buying from retail consumers.High prices, individual investors and funds retaining their faith in gold as an alternate investment .....]]></description><pubDate>July 30,2010</pubDate></item><item><title><![CDATA[Protests in India against NZ milk imports [July 30,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/74/Protests_in_India_against_NZ_milk_imports.html]]></guid><description><![CDATA[Federated Farmers says political protests in India against imports of dairy products from New Zealand are disappointing.Indian media report that members of the Hindu nationalist party, Shiv Sena, drained thousands of litres of milk from six tankers, .....]]></description><pubDate>July 30,2010</pubDate></item><item><title><![CDATA[India resumes telecom equipment imports from China [July 30,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/75/India_resumes_telecom_equipment_imports_from_China.html]]></guid><description><![CDATA[India on Wednesday modified its security rules on telecom equipment and resumed the imports from Chinese telecom operators and equipment vendors.According to the statement on the website of the Department of Telecommunications, due to security concer.....]]></description><pubDate>July 30,2010</pubDate></item><item><title><![CDATA[Gold seen higher, copper lower on global cues [July 30,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/76/Gold_seen_higher_copper_lower_on_global_cues.html]]></guid><description><![CDATA[MUMBAI: India copper futures are seen trading in a narrow range with negative bias on Thursday on profit-taking and tracking international cues, analysts said. The most-active August copper on the Multi Commodity Exchange (MCX) last ended at 335.40 r.....]]></description><pubDate>July 30,2010</pubDate></item><item><title><![CDATA[Leather garments export continues to slide [July 30,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/77/Leather_garments_export_continues_to_slide.html]]></guid><description><![CDATA[Export of leather garments continued to slide during the last fiscal year as it registered a fall of 10.31 percent to $860.244 million from $959.146 million in the previous year.Pakistan&rsquo;s leather sector export had stood at $1.25 billion in 200.....]]></description><pubDate>July 30,2010</pubDate></item><item><title><![CDATA[Indian govt imposes anti-dumping duty on chemical from 7 countries [July 29,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/68/Indian_govt_imposes_anti-dumping_duty_on_chemical_from_7_countries.html]]></guid><description><![CDATA[NEW DELHI: The Indian government has imposed an anti-dumping duty of up to US$608.57 per tonne on a chemical used in manufacturing toys and adhesives, Press Trust of India (PTI) reported.This step has been taken to safeguard the local industry agains.....]]></description><pubDate>July 29,2010</pubDate></item><item><title><![CDATA[India Sets Guidelines For Import Of Telecom Equipment [July 29,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/69/India_Sets_Guidelines_For_Import_Of_Telecom_Equipment.html]]></guid><description><![CDATA[NEW DELHI (Dow Jones)--India has made disclosure of design details and certain technical data compulsory for import of telecommunication equipment, as it tries to address the concerns of security agencies while also helping service providers to go ah.....]]></description><pubDate>July 29,2010</pubDate></item><item><title><![CDATA[India's July gold imports 14-15 T - trade body [July 29,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/70/India's_July_gold_imports_14-15_T_-_trade_body.html]]></guid><description><![CDATA[India's gold imports in July were seen at around 14 tonnes to 15 tonnes provisionally, down from 28.4 tonnes imported last year, showing a fall for the fourth consecutive month, the head of Bombay Bullion Association Suresh Hundia said on Wednesday.".....]]></description><pubDate>July 29,2010</pubDate></item><item><title><![CDATA[Russia tops in diamond production, India imports [July 29,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/71/Russia_tops_in_diamond_production_India_imports.html]]></guid><description><![CDATA[At a time when all other diamond mining firms halted operations due to the falling demand, Russia became the top producer of the sparklers in 2009 with 34.8 million carats, or 28 per cent of global production.And India became the top diamond importer.....]]></description><pubDate>July 29,2010</pubDate></item><item><title><![CDATA[No proposal to impose import duty on wheat, sugar: Scindia [July 29,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/72/No_proposal_to_impose_import_duty_on_wheat_sugar_Scindia.html]]></guid><description><![CDATA[NEW DELHI: The government today said it is not considering to impose import duty on sugar and wheat at this moment. NEW DELHI: The government today said it is not considering to impose import duty on sugar and wheat at this moment."The Department of .....]]></description><pubDate>July 29,2010</pubDate></item><item><title><![CDATA[Hong Kong's Merchandise Exports Expands Distinctly Further In June [July 28,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/63/Hong_Kong's_Merchandise_Exports_Expands_Distinctly_Further_In_June.html]]></guid><description><![CDATA[Hong Kong's merchandise exports expanded distinctly further in June, mainly reflecting the robust growth of Asian markets and the gradual recovery in the advanced economies.In June 2010, the value of total exports of goods (comprising re-exports and .....]]></description><pubDate>July 28,2010</pubDate></item><item><title><![CDATA[Europe tightens norm for seafood imports [July 28,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/64/Europe_tightens_norm_for_seafood_imports.html]]></guid><description><![CDATA[With seafood exports to India's biggest export destination, the EU, facing turbulent days ahead, the trade is beginning to look to the East for succour and safety. &ldquo;Exports to the EU are beginning to get tougher and costlier as new conditions s.....]]></description><pubDate>July 28,2010</pubDate></item><item><title><![CDATA[Slowdown in capital inflows could upset deficit targets: RBI [July 28,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/65/Slowdown_in_capital_inflows_could_upset_deficit_targets_RBI.html]]></guid><description><![CDATA[MUMBAI: The Reserve Bank of India has said that the economy could face a significant risk in the form of a slowdown in capital flows, at a time when the current account deficit is widening. In its first quarterly review of monetary policy, the Reserv.....]]></description><pubDate>July 28,2010</pubDate></item><item><title><![CDATA[Wheat extends losses on bumper harvest [July 28,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/66/Wheat_extends_losses_on_bumper_harvest.html]]></guid><description><![CDATA[Mumbai: India wheat futures extended losses for a second session on Tuesday weighed by a bumper harvest and hopes of stock release in the open market, but a proposed tax on imports limited the fall.The futures may trade lower for another session.The .....]]></description><pubDate>July 28,2010</pubDate></item><item><title><![CDATA[Anti-dumping measures on Chinese glass fibre by India, Turkey unprecedented [July 28,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/67/Anti-dumping_measures_on_Chinese_glass_fibre_by_India_Turkey_unprecedented.html]]></guid><description><![CDATA[EuCIA was recently informed that both India and Turkey have imposed anti-dumping measure on glass fibre from China. In India&rsquo;s case the provisional measures are reaching levels of 40.86%. EuCIA sources also noted that Turkey&rsquo;s users were .....]]></description><pubDate>July 28,2010</pubDate></item><item><title><![CDATA[India's fertiliser demand to rise by 5% in FY11: IFFCO [July 27,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/58/India's_fertiliser_demand_to_rise_by_5%_in_FY11_IFFCO.html]]></guid><description><![CDATA[MUMBAI: India's fertiliser demand is likely to rise by about five percent to 56 million tonnes in FY11, a senior industry official said on Monday. "Last year consumption was 53 million tonnes.This year we are expecting a rise, by about 5 percent to 5.....]]></description><pubDate>July 27,2010</pubDate></item><item><title><![CDATA[Sri Lanka Keells Food trims Indian costs, cuts losses [July 27,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/59/Sri_Lanka_Keells_Food_trims_Indian_costs_cuts_losses.html]]></guid><description><![CDATA[Sri Lanka's Keells Foods Products said its lost 5.0 million in the June 2010 quarter down from 8.6 million rupees a year earlier and its Indian distribution unit was being wound down in favour of an agency to cut costs.Consolidated revenues rose 16 p.....]]></description><pubDate>July 27,2010</pubDate></item><item><title><![CDATA[Dabur profit up 19% on higher exports  [July 27,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/60/Dabur_profit_up_19%_on_higher_exports_.html]]></guid><description><![CDATA[MUMBAI: New Delhi-based Dabur India today announced a 19% increase in net profit at Rs 107 crore for the first quarter ended June 30, 2010 on 29% increase in exports.Total sales increased 19% to Rs 916 crore from Rs 768 crore reported in Q1FY10.Facto.....]]></description><pubDate>July 27,2010</pubDate></item><item><title><![CDATA[Latin America should embrace India trade -IADB [July 27,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/61/Latin_America_should_embrace_India_trade_-IADB.html]]></guid><description><![CDATA[Latin America sends only 0.9 percent of its exports to India, a commodity-hungry country that should be a major growth engine for the region, the Inter-American Development Bank said in a report on Tuesday.The IADB bemoaned the lack of direct shippin.....]]></description><pubDate>July 27,2010</pubDate></item><item><title><![CDATA[Congress should ban export of iron ore from Karnataka: Kumaraswamy [July 27,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/62/Congress_should_ban_export_of_iron_ore_from_Karnataka_Kumaraswamy.html]]></guid><description><![CDATA[Former chief minister and Janata Dal-Secular (JD-S) leader H.D. Kumaraswamy Monday slammed the Congress for its padyatra in Karnataka to protest against illegal mining, saying the party should instead use its power to ban the export of iron ore from .....]]></description><pubDate>July 27,2010</pubDate></item><item><title><![CDATA[Import duty on wheat not warranted [July 26,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/53/Import_duty_on_wheat_not_warranted.html]]></guid><description><![CDATA[Many South India-based wheat processors (roller flour mills) and importers holding outstanding contracts for import of wheat are worried that the Finance Ministry may choose to stop such inflows by imposing a stiff rate of customs duty.Their fears ha.....]]></description><pubDate>July 26,2010</pubDate></item><item><title><![CDATA[India to continue current duty on rubber import [July 26,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/54/India_to_continue_current_duty_on_rubber_import.html]]></guid><description><![CDATA[India rejected the industry's demand for a cut on natural rubber imports from 20 per cent to 7.5 per cent, said a statement of Rubber Board of India.A panel, set up on the directives of the Delhi High Court, headed by the Rubber Board Chairman Sajen .....]]></description><pubDate>July 26,2010</pubDate></item><item><title><![CDATA[Grape export suffers loss of Rs 250 crore [July 26,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/55/Grape_export_suffers_loss_of_Rs_250_crore.html]]></guid><description><![CDATA[Export of grapes, mainly from the state, suffered a loss of Rs 250 crore after the European Union countries refused to accept the consignments due to chemical residue.The rejected grapes were later accepted by a few other countries at an extremely lo.....]]></description><pubDate>July 26,2010</pubDate></item><item><title><![CDATA[Indonesian coal exports in H1 total 141 million tonnes [July 26,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/56/Indonesian_coal_exports_in_H1_total_141_million_tonnes.html]]></guid><description><![CDATA[Indonesia, the largest coal exporter in the world, exported a total of 141 million tonnes of coal in the first half of this year, on the back of global economic recovery.Data show that coal exports of Indonesia reached 24.49 million tonnes in Jun, ri.....]]></description><pubDate>July 26,2010</pubDate></item><item><title><![CDATA[Indian Oil registers Rs.3,388 crore loss [July 26,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/57/Indian_Oil_registers_Rs3388_crore_loss.html]]></guid><description><![CDATA[State-run oil marketing firm, Indian Oil Corporation (IOC) Saturday reported a loss of Rs.3,388.39 crore for the quarter ended June 30 on account of selling fuel below cost.The company had logged a profit of Rs.3,682.83 crore in the like period 2009-.....]]></description><pubDate>July 26,2010</pubDate></item><item><title><![CDATA[India to continue current duty on rubber import [July 24,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/48/India_to_continue_current_duty_on_rubber_import.html]]></guid><description><![CDATA[India rejected the industry&rsquo;s demand for a cut on natural rubber imports from 20% to 7.5%, said a statement of Rubber Board of India.A panel, set up on the directives of the Delhi High Court, headed by the Rubber Board Chairman Sajen Peter, has.....]]></description><pubDate>July 24,2010</pubDate></item><item><title><![CDATA[Synthetic rubber imports rise by 51.6% in April [July 24,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/49/Synthetic_rubber_imports_rise_by_516%_in_April.html]]></guid><description><![CDATA[Imports of synthetic rubber rose by 51.6 per cent to 25,885 tonnes in April on strong demand mainly by the tyre industry, the Rubber Board said today.Synthetic rubber imports stood at 17,065 tonnes in the corresponding period last fiscal, the board s.....]]></description><pubDate>July 24,2010</pubDate></item><item><title><![CDATA[China cotton prices up on import decline [July 24,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/50/China_cotton_prices_up_on_import_decline.html]]></guid><description><![CDATA[China is witnessing a decline in cotton imports for the second month that is driving up cotton prices although the government is willing to sell some of its stock pile and increase the import quota by one million tons, according to a report in Cotton.....]]></description><pubDate>July 24,2010</pubDate></item><item><title><![CDATA[Soyoil hits contract high on buying interest [July 24,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/51/Soyoil_hits_contract_high_on_buying_interest.html]]></guid><description><![CDATA[The refined soy oil futures made a new contract high on continued buying interest. Sharp rise in Malaysian palm oil futures led the Indian soy oil futures to test a new contract high on Thursday.Traders bought futures anticipating oil imports would r.....]]></description><pubDate>July 24,2010</pubDate></item><item><title><![CDATA[Imports of textile machinery increases by 40.75% [July 24,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/52/Imports_of_textile_machinery_increases_by_4075%.html]]></guid><description><![CDATA[Imports of textile machinery increased to $297 million during the financial year 2009-10 from $211 million recorded in the previous financial year, hence, witnessing a rise of 40.75 percent.Industry experts believe that, increase in textile machinery.....]]></description><pubDate>July 24,2010</pubDate></item><item><title><![CDATA[Ban on vegoil traders at Kandla delayed [July 23,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/45/Ban_on_vegoil_traders_at_Kandla_delayed.html]]></guid><description><![CDATA[New Delhi: India&rsquo;s customs authorities have delayed a decision to bar traders from buying and selling vegetable oils headed for Kandla port, the main hub for palm oil imports in the world&rsquo;s top buyer of edible oils.The move had rattled tr.....]]></description><pubDate>July 23,2010</pubDate></item><item><title><![CDATA[Govt starts dumping probe against Chinese chemical imports [July 23,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/46/Govt_starts_dumping_probe_against_Chinese_chemical_imports.html]]></guid><description><![CDATA[New Delhi: India has initiated anti-dumping probe on a chemical, used mainly in dye and pharmaceutical industries, imported from China to protect the domestic players from cheap shipments.Acting on the complaints of some domestic industries, the Comm.....]]></description><pubDate>July 23,2010</pubDate></item><item><title><![CDATA[Wheat Gains On Imposition of Import Duties By Central Government [July 23,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/47/Wheat_Gains_On_Imposition_of_Import_Duties_By_Central_Government.html]]></guid><description><![CDATA[Wheat future prices augmented by more than Rs 5 per quintal in today's trading on the account of possibility of imposition of duties on wheat imports along with steady gains in other feed items.As per market sources, government's decision to impose a.....]]></description><pubDate>July 23,2010</pubDate></item><item><title><![CDATA[China's June ore imports from India drop 21 percent [July 22,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/38/China's_June_ore_imports_from_India_drop_21_percent.html]]></guid><description><![CDATA[China's iron ore imports from India in June stood at 8.29 million tonnes, down 21 percent month on month as a result of lukewarm demand and supply disruptions brought about by the Indian monsoon season, customs data showed on Wednesday.For detailed i.....]]></description><pubDate>July 22,2010</pubDate></item><item><title><![CDATA[Wheat futures edge higher on import tax plan [July 22,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/39/Wheat_futures_edge_higher_on_import_tax_plan.html]]></guid><description><![CDATA[MUMBAI: Indian wheat futures were slightly higher on Wednesday on a plan to impose tax on imports of the foodgrain, but a bumper harvest and hopes of stock release in the open market limited gains, analysts said. The August wheat contract was up 0.46.....]]></description><pubDate>July 22,2010</pubDate></item><item><title><![CDATA[EU updates food safety import list, Indian Basmati rice may off the list [July 22,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/40/EU_updates_food_safety_import_list_Indian_Basmati_rice_may_off_the_list.html]]></guid><description><![CDATA[The Indian basmati rice is one of the products to be removed from an EU list of food imports subject to heightened scrutiny while some herbs and spices from Thailand have been added, said Brussels as it updated the register on July 15, 2010.The Europ.....]]></description><pubDate>July 22,2010</pubDate></item><item><title><![CDATA[India's Q1 trade deficit up at $32.2 billion news [July 22,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/41/India's_Q1_trade_deficit_up_at_$322_billion_news.html]]></guid><description><![CDATA[India's trade deficit rose to $32.2 billion in the first quarter of the current financial year (April-June 2010) with imports rising 34 per cent to $83 billion, even as exports from the country rose 32.2 per cent to $50.8 billion.Exports from the cou.....]]></description><pubDate>July 22,2010</pubDate></item><item><title><![CDATA[EGoM to mull import duty on white sugar in next meet [July 22,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/42/EGoM_to_mull_import_duty_on_white_sugar_in_next_meet.html]]></guid><description><![CDATA[An Empowered Group of Ministers (EGoM) on Food is scheduled to meet on July 26 to consider imposing import duty on refined sugar and the sale of an additional 30 lakh tonnes of wheat and rice through ration shops.The EGoM, headed by Finance Minister .....]]></description><pubDate>July 22,2010</pubDate></item><item><title><![CDATA[India Faces Coal Deficit of 50% of Expected Power Plant Demand, KPMG Says [July 22,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/43/India_Faces_Coal_Deficit_of_50%_of_Expected_Power_Plant_Demand_KPMG_Says.html]]></guid><description><![CDATA[India may face a coal shortfall of 189 million metric tons a year by 2015, about 50 percent of the power sector&rsquo;s expected demand, leading to a twofold increase in imports, KPMG said.Electricity generators are likely to add 75 gigawatts of capa.....]]></description><pubDate>July 22,2010</pubDate></item><item><title><![CDATA[India's June Polished Diamond Exports +79% [July 22,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/44/India's_June_Polished_Diamond_Exports_+79%.html]]></guid><description><![CDATA[India&rsquo;s polished exports jumped 79 percent to $2.2 billion in June, according to data published by the Gem &amp; Jewellery Export Promotion Council (GJEPC). By volume, the exports fell 2 percent to 4.448 million carats as the average price on t.....]]></description><pubDate>July 22,2010</pubDate></item><item><title><![CDATA[India, China dominate exports to UAE [July 21,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/33/India_China_dominate_exports_to_UAE.html]]></guid><description><![CDATA[India and China have ousted long-standing Western suppliers of goods to the UAE to become the dominant exporters to the lucrative market, accounting for nearly a quarter of the country&rsquo;s total imports, official data showed on Monday.Iran has al.....]]></description><pubDate>July 21,2010</pubDate></item><item><title><![CDATA[India may turn flexible at WTO sectoral talks [July 21,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/34/India_may_turn_flexible_at_WTO_sectoral_talks.html]]></guid><description><![CDATA[NEW DELHI: India may agree to a steeper reduction in import duties in certain industrial goods beyond the general levels agreed to under the Doha round of the world trade organisation, or WTO, if it can take the stalled talks forward.These duty reduc.....]]></description><pubDate>July 21,2010</pubDate></item><item><title><![CDATA[Sesa Goa 1Q Net Profit Surges On High Iron Ore Price [July 21,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/35/Sesa_Goa_1Q_Net_Profit_Surges_On_High_Iron_Ore_Price.html]]></guid><description><![CDATA[NEW DELHI -(Dow Jones)- India's Sesa Goa Ltd. (500295.BY) Tuesday reported a more than threefold jump in its fiscal first-quarter consolidated net profit as it exported iron ore at a much higher price than the year-earlier period.For the April-June q.....]]></description><pubDate>July 21,2010</pubDate></item><item><title><![CDATA[ISMA expects sugar stocks to increase to 5.9 mn tn in 2009-10 [July 21,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/36/ISMA_expects_sugar_stocks_to_increase_to_59_mn_tn_in_2009-10.html]]></guid><description><![CDATA[NEW DELHI: The country is expected to have sugar stocks of 5.9 million tonnes in the current crop year, ending September, about 84 per cent more than the previous year, leading industry body ISMA said on Tuesday.The closing stock of sugar during the .....]]></description><pubDate>July 21,2010</pubDate></item><item><title><![CDATA[India Sugar Stockpile May Rise 84% on Higher Output [July 21,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/37/India_Sugar_Stockpile_May_Rise_84%_on_Higher_Output.html]]></guid><description><![CDATA[Sugar stockpile in India, the second-biggest producer, may surge 84 percent because of an increase in production and imports, a producers&rsquo; group said.Reserves may be 5.9 million metric tons on Sept. 30, up from 3.2 million tons a year earlier, .....]]></description><pubDate>July 21,2010</pubDate></item><item><title><![CDATA[Exports up 30% in June, but China fears build up [July 20,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/28/Exports_up_30%_in_June_but_China_fears_build_up.html]]></guid><description><![CDATA[NEW DELHI: India&rsquo;s exports grew by over 30% for the fifth straight month in June to $17.75 billion indicating a possible turnaround in global economy, amid a slowdown in China and lingering concerns over the Euro zone.In absolute terms, the exp.....]]></description><pubDate>July 20,2010</pubDate></item><item><title><![CDATA[India can double oilmeal exports to China to Rs 1,200 cr [July 20,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/29/India_can_double_oilmeal_exports_to_China_to_Rs_1200_cr.html]]></guid><description><![CDATA[NEW DELHI: India has the potential to double oilmeals exports to China to Rs 1,200 crore, an industry body said on Monday.The Solvent Extraction Association of India (SEA) has been invited by industry chamber Ficci to join a business delegation to Ch.....]]></description><pubDate>July 20,2010</pubDate></item><item><title><![CDATA[Govt mulls pharma export tags to check counterfeits [July 20,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/30/Govt_mulls_pharma_export_tags_to_check_counterfeits.html]]></guid><description><![CDATA[The government is planning to roll out a unique identification system for exports of pharmaceuticals, to curb the menace of counterfeit drugs and to protect the Indian pharma industry's brand image. The new system, which is likely to be operational i.....]]></description><pubDate>July 20,2010</pubDate></item><item><title><![CDATA[TN matchbox industry to focus on exports [July 20,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/31/TN_matchbox_industry_to_focus_on_exports.html]]></guid><description><![CDATA[Faces competition from multinationals and low demand in the domestic market.The Tamil Nadu matchbox industry, which accounts for 85 per cent of the Rs 2,000 crore Indian matchbox industry, has decided to take a leaf out of the notebook of FMCG player.....]]></description><pubDate>July 20,2010</pubDate></item><item><title><![CDATA[Side letter� on Indian exports for Afghanistan [July 20,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/32/Side_letter�_on_Indian_exports_for_Afghanistan.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[Telecom equipment import issue to be resolved in few weeks [July 19,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/26/Telecom_equipment_import_issue_to_be_resolved_in_few_weeks.html]]></guid><description><![CDATA[New Delhi: India Friday said the issue of import of telecom equipment, especially from China, troubling the telecom sector will be resolved in a couple of weeks."The issue will be resolved with the home ministry in a couple of weeks. I have already m.....]]></description><pubDate>July 19,2010</pubDate></item><item><title><![CDATA[No congestion at port, says JNPT [July 19,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/27/No_congestion_at_port_says_JNPT.html]]></guid><description><![CDATA[MUMBAI: The Jawaharlal Nehru Port Trust authorities have said that there is no congestion at the port (JN Port).Reacting to the news item 'More carriers to levy congestion charge at JNPT' (ETSL, July 12, 2010), they have informed : "All three termina.....]]></description><pubDate>July 19,2010</pubDate></item><item><title><![CDATA[EU exports to India up 28% [July 18,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/23/EU_exports_to_India_up_28%.html]]></guid><description><![CDATA[BRUSSELS: Exports from the European Union (EU) to India shot up by 28 percent to 10.6 billion euros (about $13 billion) between January and April 2010, compared to 8.3 billion euros in the corresponding period last year, EuAsiaNews reported Friday.Ex.....]]></description><pubDate>July 18,2010</pubDate></item><item><title><![CDATA[India to import 550 tonnes gold this year [July 18,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/24/India_to_import_550_tonnes_gold_this_year.html]]></guid><description><![CDATA[India's gold imports are likely to improve this year from the 2009 level.According to reports, India is likely to import 500-550 tonnes of gold in 2010, up from 480-490 tonnes from a year earlier, and prices of the yellow metal are expected to remain.....]]></description><pubDate>July 18,2010</pubDate></item><item><title><![CDATA[India denied export of goods to Afghanistan through Wagah [July 18,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/25/India_denied_export_of_goods_to_Afghanistan_through_Wagah.html]]></guid><description><![CDATA[




ISLAMABAD: India's long-standing demand for allowing Afghanistan-bound Indian goods to transit through Pakistan through Wagah has been rejected once again. As per the contours of the understanding reached between Afghanistan and Pakistan on.....]]></description><pubDate>July 18,2010</pubDate></item><item><title><![CDATA[Tax or no tax on wheat imports? EGoM to decide [July 17,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/18/Tax_or_no_tax_on_wheat_imports?_EGoM_to_decide.html]]></guid><description><![CDATA[&ldquo;We will review at the next meeting of the EGoM whether or not to impose tax on wheat imports and will discuss allowing export of certain varieties of non-basmati rice,&rdquo; Food Minister Sharad Pawar said here on Friday.There has been a two-.....]]></description><pubDate>July 17,2010</pubDate></item><item><title><![CDATA[India hopes to resolve Chinese telco gear issue soon [July 17,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/19/India_hopes_to_resolve_Chinese_telco_gear_issue_soon.html]]></guid><description><![CDATA[NEW DELHI: India expects to resolve in a couple of weeks the restrictions on import of China-made telecom equipment, which the government had barred on security concerns, Telecoms Minister Andimuthu Raja said on Friday.India is concerned that Chinese.....]]></description><pubDate>July 17,2010</pubDate></item><item><title><![CDATA[Wheat Increases On Imposition of Import Tax By Central Government  [July 17,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/20/Wheat_Increases_On_Imposition_of_Import_Tax_By_Central_Government_.html]]></guid><description><![CDATA[Wheat future prices augmented by more than Rs 5 per quintal in today's trading on the account of possibility of imposition on wheat imports along with export permission of some varieties of non- basmati rice by central government.As per latest releas.....]]></description><pubDate>July 17,2010</pubDate></item><item><title><![CDATA[Palm Oil Climbs to a Six-Week High on Export Demand From India [July 17,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/21/Palm_Oil_Climbs_to_a_Six-Week_High_on_Export_Demand_From_India.html]]></guid><description><![CDATA[Palm oil had the best winning run since February to reach a six-week high on speculation demand for the most-consumed vegetable oil will increase as India and other populous Asian nations approach the festival season.September-delivery futures rose f.....]]></description><pubDate>July 17,2010</pubDate></item><item><title><![CDATA[China's slowing growth could hit India's exports [July 17,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/22/China's_slowing_growth_could_hit_India's_exports.html]]></guid><description><![CDATA[China's moves to bring back in control its rapidly over-heating economy appear to have paid dividends, with the economy showing signs of slowing in the second quarter of this year according to data released on Thursday.China's economy grew 10.3 per c.....]]></description><pubDate>July 17,2010</pubDate></item><item><title><![CDATA[India to step up Argentine soyoil imports [July 16,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/13/India_to_step_up_Argentine_soyoil_imports.html]]></guid><description><![CDATA[India will continue to increase its purchases of Argentine soyoil this year, helping the South American country plug the gap left by China's boycott, the Indian ambassador to Buenos Aires said on Wednesday.Argentina is the world's biggest supplier of.....]]></description><pubDate>July 16,2010</pubDate></item><item><title><![CDATA[Diamonds From Zimbabwe Field Cleared for Export [July 16,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/14/Diamonds_From_Zimbabwe_Field_Cleared_for_Export.html]]></guid><description><![CDATA[HARARE&mdash;An international diamond monitor has agreed to allow Zimbabwe to export some of its precious stones mined from controversial fields, said two top government officials, in a compromise struck Thursday to allay criticism from human-rights .....]]></description><pubDate>July 16,2010</pubDate></item><item><title><![CDATA[China to suffer more if India bans iron ore exports [July 16,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/15/China_to_suffer_more_if_India_bans_iron_ore_exports.html]]></guid><description><![CDATA[NEW DELHI (Commodity Online): Amid slowing down economic growth in the country, the Chinese iron ore imports may further get a dent as the Indian government is reported to be considering a ban on iron ore exports so as to safeguard its domestic indus.....]]></description><pubDate>July 16,2010</pubDate></item><item><title><![CDATA[Textiles ministry plans factory grading to fend off US ban [July 16,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/16/Textiles_ministry_plans_factory_grading_to_fend_off_US_ban.html]]></guid><description><![CDATA[NEW DELHI: Faced with the possibility of the US blacklisting Indian apparels for use of child labour, the textile ministry is working on informal grading of textile units. It has teamed up with exporters to persuade factories in Delhi and Mumbai to a.....]]></description><pubDate>July 16,2010</pubDate></item><item><title><![CDATA[BGMEA seeks quota-free apparel exports to India [July 16,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/17/BGMEA_seeks_quota-free_apparel_exports_to_India.html]]></guid><description><![CDATA[As per Bangladesh Garment Manufacturers and Exporters Association (BGMEA), exporters have almost made use of the duty-free quota to export around 8 million pieces of apparels to India.BGMEA stated the same in their letter to former Indian Minister, M.....]]></description><pubDate>July 16,2010</pubDate></item><item><title><![CDATA[Asian Markets Tumble On U.S. Jobs Data, Hungary Debt Woes [June 08,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/10/Asian_Markets_Tumble_On_US_Jobs_Data_Hungary_Debt_Woes.html]]></guid><description><![CDATA[The stock markets in the Asia-Pacific region are trading sharply lower on Monday as disappointing U.S. jobs data on Friday and jitters about the possible spread of Europe&rsquo;s financial troubles to Hungary spooked investors.The Japanese market is .....]]></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/pressrelease/9/RBI_may_not_raise_interest_rate_in_a_hurry.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[STATE BANK OF INDIA TO ANNOUNCE BASE RATE ON JUNE 15 [June 08,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/11/STATE_BANK_OF_INDIA_TO_ANNOUNCE_BASE_RATE_ON_JUNE_15.html]]></guid><description><![CDATA[The nation's largest lender State Bank of India (SBI) (BSE:500112) on Friday said it will announce its base rate -- the new uniform benchmark lending rate below which no bank can lend -- by June 15 and the rate will be calculated based on the cost of.....]]></description><pubDate>June 08,2010</pubDate></item><item><title><![CDATA[I-T sleuths probe foreign money flow in IPL [June 08,2010]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/12/I-T_sleuths_probe_foreign_money_flow_in_IPL.html]]></guid><description><![CDATA[The Income Tax (I-T) department has requested the Finance Ministry to approach the authorities in Switzerland and other tax havens for details of overseas accounts of "non-residents" who invested in the Indian Premier League (IPL). The step is part o.....]]></description><pubDate>June 08,2010</pubDate></item><item><title><![CDATA[Export-Import Bank Adopts Carbon Policy to Encourage Renewable Energy and Climate-Friendly Technologies [November 25,2009]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/8/Export-Import_Bank_Adopts_Carbon_Policy_to_Encourage_Renewable_Energy_and_Climate-Friendly_Technologies.html]]></guid><description><![CDATA[Washington, D.C. - The Export-Import Bank of the United States (Ex-Im Bank) today became the first Export Credit Agency (ECA) to adopt a comprehensive Carbon Policy to guide its support of United States exports in light of climate change concerns.
".....]]></description><pubDate>November 25,2009</pubDate></item><item><title><![CDATA[Thailand confirms India rice imports in g-t-g deals [November 18,2009]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/7/Thailand_confirms_India_rice_imports_in_g-t-g_deals.html]]></guid><description><![CDATA[NEW DELHI: India, gearing up to import rice for the first time in 21 years, will be one of the recipients of Thailand rice, to be importedthrough g-to-g (State to State) sales by early 2010. This was officially stated today by Thailand s Foreign Trad.....]]></description><pubDate>November 18,2009</pubDate></item><item><title><![CDATA[Sensitive items import up 30% in Apr-Aug [November 12,2009]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/6/Sensitive_items_import_up_30%_in_Apr-Aug.html]]></guid><description><![CDATA[New Delhi, Nov. 11
The import of sensitive items during April-August has shown a hefty hike of 30 per cent when compared with the corresponding months of the previous fiscal. According to figures compiled by the Department of Commerce on some 415 it.....]]></description><pubDate>November 12,2009</pubDate></item><item><title><![CDATA[Toronto Travel Agents Invited to �Come Walkabout� this May [June 09,2009]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/1/Toronto_Travel_Agents_Invited_to_�Come_Walkabout�_this_May.html]]></guid><description><![CDATA[Toronto, May 6, 2009 - This month Toronto will be immersed in the world�s most unique mix of rugged landscape, innovative fashion and cuisine, and ancient culture when G�Day Toronto takes over the city from May 12-16. Businesses in the travel trade c.....]]></description><pubDate>June 09,2009</pubDate></item><item><title><![CDATA[THE BEST OF ECUADOR IN 11 DAYS [May 09,2009]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/2/THE_BEST_OF_ECUADOR_IN_11_DAYS.html]]></guid><description><![CDATA[ADVENTURESIncorporated, is reducing its 11-day �Ecuador in a Nutshell� adventure by $1200 CAD and for the September 21st 2009 departure you can get the exciting and relaxing �Waterfalls and Hot Springs� Quito stopover FREE!

�After a successful joi.....]]></description><pubDate>May 09,2009</pubDate></item><item><title><![CDATA[Zambia / North-South Corridor Conference / Increasing Trade and Competitiveness in Africa [May 09,2009]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/4/Zambia_/_North-South_Corridor_Conference_/_Increasing_Trade_and_Competitiveness_in_Africa.html]]></guid><description><![CDATA[LUSAKA, Zambia, April 9, 2009/African Press Organization (APO)/ � COMESA-EAC-SADC Tripartite agrees major regional infrastructure development and Aid for Trade Programme to increase regional competitiveness


Over $1bn of funding is committed by d.....]]></description><pubDate>May 09,2009</pubDate></item><item><title><![CDATA[United States and Rwanda Review Progress on Bilateral Trade and Investment [May 09,2009]]]></title><guid><![CDATA[http://www.tradebits.in/pressrelease/5/United_States_and_Rwanda_Review_Progress_on_Bilateral_Trade_and_Investment.html]]></guid><description><![CDATA[United States and Rwanda Review Progress on Bilateral Trade and Investment KIGALI, Rwanda, April 17, 2009/African Press Organization (APO)/ � U.S. and Rwandan officials met in the Rwandan capital today to review progress in deepening their partnershi.....]]></description><pubDate>May 09,2009</pubDate></item></channel>
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