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Just in:   • Govt ups GDP growth projection to 7.1 pc  • Sensex down 283 pts on profit booking  • Advance payment norms for exporters relaxed  • Belgium woos Indian exporters  • Himachal seeks another textile park  Last updated: 23 Feb, 2012    India Economy Govt ups GDP growth projection to 7.1 pc SME Times News Bureau | 22 Feb, 2012 The Indian economy is expected to grow at 7.1 percent in the financial year ending March 31, slightly higher than the 6.9 percent growth projected in the advance estimate early this month, the Prime Minister's Economic Advisory Council said Wednesday.  More Headlines » Jharkhand cancels MoUs of 15 companies » Indian investors to invest in Ghana's sugar, fertiliser Inc. » Kerala traders shut down to protest FDI » US to raise issue of bottlenecks in Indian ports » Six PPP port projects to be sanctioned this year: Vasan   Read more....       Headlines Sensex down 283 pts on profit booking SME Times News Bureau | 22 Feb, 2012 A benchmark index for Indian equities closed 283 points lower Wednesday as investors booked profits after recent rallies. Realty, consumer durables and metal stocks were among the biggest losers.    Read more.... Growing trade with India, China will benefit US: Hillary Clinton Arun Kumar | 22 Feb, 2012 Suggesting that rising powers like India, China and Brazil were putting economics at the centre of their foreign policies, Secretary of State Hillary Clinton advocates Economic Statecraft to champion US businesses abroad.    Read more.... UAE to set up training centres in India IANS/WAM | 22 Feb, 2012 To control the flow of unskilled workers into the country's construction sector and bypass private recruitment agencies, the UAE would set up training centres in their home countries, including India.    Read more.... Global uncertainty affecting India: FM SME Times News Bureau | 22 Feb, 2012 Global financial problems, besides a tight monetary policy, are affecting the Indian economy and a slowdown in external demand has led to a decline in exports, Finance Minister Pranab Mukherjee said Tuesday.    Read more....       Top Stories » Advance payment norms for exporters relaxed » Belgium woos Indian exporters » Sharma holds consultation on MSME transport subsidy » Marine product exports grow 18.72 pc in Apr–Dec » India invites US to partner in port development   Commented Stories » SME innovation: Is it a hard nut to crack(6) » Mauritius invites Indian entrepreneurs to invest(4) » Export consortia can transform exporting for SMEs(3) » Starting an import export business: Basic guide for beginners(3) » New union officials to negotiate Hyundai wage agmt(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 23 Feb, 2012   Daily Poll Will the upcoming Procurement Policy help SMEs immensely?  Yes  No  Not sure

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