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Just in:   • SME innovation: Is it a hard nut to crack  • Sensex up 75 pts, investors take a breather  • Saudi offer to hike crude exports to India  • Inflation will moderate to 6 pc by March-end: Pranab  • Inflation slips to 6.55 pc in Jan, slowest in 2 yrs  Last updated: 17 May, 2010    Global Business Mexico has 190 mn tourists in 2011 IANS/EFE | 14 Feb, 2012 Mexico registered "nearly 190 million tourists", of whom 22.67 million were foreigners, in 2011, eclipsing 185.7 million tourists registered in 2008, the Tourism Secretariat said..    Read more.... Japanese firm to invest $70 mn in new plant in Mexico IANS/EFE | 14 Feb, 2012 Japanese auto parts manufacturer Yorozu said Monday it planned to invest about $70 million to build a new plant in the central Mexican state of Guanajuato..    Read more.... Fitch downgrades Spain's four largest banks IANS/EFE | 14 Feb, 2012 Fitch Ratings, which downgraded Spanish sovereign debt a month ago, said Monday it lowered its credit rating of Spain's four largest lenders..    Read more.... Obama presents budget plan IANS/EFE | 14 Feb, 2012 President Barack Obama presented Monday his budget plan for 2013, which calls for nearly USD 4 trillion in spending and aims to reduce the deficit from 8.5 percent of US gross domestic product to 5.5 percent..    Read more.... Brazilian govt sees economy expanding through 2014 IANS | 14 Feb, 2012 Latin America's largest economy will grow 4.5 percent this year, 5.5 percent next year and 6 percent in 2014, the Brazilian finance ministry said Monday..    Read more.... Japan's economy contracts 2.3 pc in 3 months IANS | 13 Feb, 2012 Japan's economy contracted an annualized 2.3 percent in the three months starting in October, marking the first fall in two quarters, the government said Monday..    Read more.... US-UAE trade record high of $18 bn in 2011 IANS/WAM | 13 Feb, 2012 Trade between the US and the United Arab Emirates (UAE) reached a record high of $18.34 billion in 2011, according to latest data..    Read more.... Myanmar foreign trade to grow by 30 pc IANS | 13 Feb, 2012 Myanmar's foreign trade will grow by more than 30 percent to $16.1 billion in the 2011-12 fiscal year, the commerce ministry said. It was $12 billion in the previous fiscal. .    Read more.... Kodak to stop making digital cameras IANS | 13 Feb, 2012 Photography giant Kodak has said it will stop making digital cameras in the next six months, a media report said Sunday..    Read more.... S&P downgrades 34 Italian banks IANS | 11 Feb, 2012 Standard & Poor's rating agency has downgraded 34 Italian banks..    Read more....   Top Stories » Inflation will moderate to 6 pc by March-end: Pranab » ESC urges govt to extend tax benefits to SMEs » 4-day handicrafts & gifts expo to open on Feb 18 » MFN status unlikely during Sharma's Pak visit » Delhi blast: Four injured, Iran blamed   Commented Stories » Starting an import export business: Basic guide for beginners(22) » SME marketing: Avoid a faulty approach(18) » Share of MSME sector in GDP to touch 10 pc: Ashok Chawla(3) » RBI urges banks to provide advisory services to SMEs(3) » Policy on import of jet fuel silent on logistics: Experts(3)   Customs Exchange Rates Currency Import Export US Dollar 50.20 49.40 UK Pound 78.90 77.15 Euro 66.00 64.40 Japanese Yen 65.40 63.65 As on 14 Feb, 2012   Daily Poll Will the upcoming Procurement Policy help SMEs immensely?  Yes  No  Not sure

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