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Just in:   • US economy on road to recovery: White House  • Finnair advance bookings surge 25 pc  • Govt seeks review of SC's Vodafone verdict  • Stock markets continue to rally for seventh straight week  • 'MSME sector's role crucial for manufacturing growth'  Last updated: 20 Feb, 2012    Global Business US economy on road to recovery: White House Arun Kumar | 18 Feb, 2012 The United States economy is on the road to recovery with stronger job growth expected this year, but income inequality and Europe's debt crisis could still pose challenges, according to a White House report.  More Headlines » Mitsubishi to invest $888 mn in Peru copper mine » Mexico's economy grew 3.9 pc in 2011 » Venezuela pays Exxon $250 mn for nationalized assets » GM posts USD 7.6 bn net profit for 2011 » US jobless claims at four-year low   Read more....       Headlines US Congress extends tax cut, jobless benefits IANS/EFE | 18 Feb, 2012 The US Congress approved Friday a 10-month extension of the payroll tax cut and federal unemployment benefits.     Read more.... Spanish banks' bad loans soar IANS/EFE | 18 Feb, 2012 Spanish banks' ratio of non-performing loans to total loans came in at 7.61 percent last year, the highest percentage since 1994.    Read more.... Brazil announces plan to boost exports IANS | 18 Feb, 2012 President Dilma Rousseff said her government will do more to foster expanded output and exports with the aim of making Brazil more competitive.    Read more.... China's property prices remain depressed IANS | 18 Feb, 2012 Property prices in major Chinese cities continued the downward trend in January as the government's tightening measures remain in place.     Read more....       Top Stories » 'MSME sector's role crucial for manufacturing growth' » 'IT can enable SMEs to make a difference' » Horticulture exports Rs14k cr in 2011-12 » India asks China to lower duties on carpet exports » US asking India to 'wean' from Iranian crude   Commented Stories » SME innovation: Is it a hard nut to crack(9) » Starting an import export business: Basic guide for beginners(5) » SME marketing: Avoid a faulty approach(4) » Share of MSME sector in GDP to touch 10 pc: Ashok Chawla(3) » 4-day handicrafts & gifts expo to open on Feb 18(2)   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 20 Feb, 2012   Daily Poll Will the upcoming Procurement Policy help SMEs immensely?  Yes  No  Not sure

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