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Just in:   • Regulatory authorities need to highlight shady firms: SBI chief  • Singapore's non-oil domestic exports fall  • COWE achieves NIMSME partner institute status  • Not imposing export taxes on coal: S.Africa to India  • Infosys software deployed by Turkish Bank  Last updated: 18 May, 2013    World News Russia's GDP growth slumps to 1.6 percent IANS | 18 May, 2013 There was just 1.6 percent growth witnessed in the Russian GDP in the first quarter this year, which is its fifth quarterly fall, according to the country's federal statistics service.  More Headlines » Nawaz Sharif all set for third stint in power in Pakistan » Japan's current account surplus hits record low » Consensus needed on reforms in Spain: Biz group » China's exports rise in April » Spanish economy will recover in 2014: PM   Read more....      Asia China opposes EU's aviation emissions levy IANS | 18 May, 2013 On Thursday, the European Commission, an executive body of the EU, said eight Chinese carriers could  Read more.... » India, China to be biggest investors by 2030: World Bank » Thailand, Bangladesh to double bilateral trade » China's industrial output goes up » Myanmar drafts five-year dairy development plan » Toll in Bangladesh building collapse approaches 1,000   Read more....  Americas US consumer prices dip 0.4 percent in April IANS | 17 May, 2013 The US consumer price index dropped 0.4 percent in April, bring the 12-month inflation rate down to   Read more.... » Canada's foreign investment increases » Vehicle production surges in Brazil » Brazil cuts interest rates on small business loans » Japanese firm to build auto parts plant in Mexico » Over 2,000 Cuban firms shifted to private sector   Read more....    Africa / Middle East UAE, Mozambique sign air transport accord IANS/WAM | 18 May, 2013 The United Arab Emirates (UAE) and Mozambique have signed a bilateral accord covering air transport.  Read more.... » Indian growers make Ethiopia world's 4th largest flower exporter » Ghana to restructure capital market to spur growth » Sleeping pods to be launched at Abu Dhabi airport » 78 abandoned buildings demolished in Abu Dhabi » Iran to replace oil revenues with mineral incomes   Read more....  Europe Spain will emerge stronger from economic crisis: PM IANS/EFE | 13 May, 2013 Spain will emerge stronger from the economic crisis and will return to prosperity, Prime Minister Ma  Read more.... » Britain seeks foreign investment to boost economy » UAE, Germany discuss bilateral cooperation » Russia to take USD 40 mn loan from World Bank » French govt to auction 12,000 bottles of wine » Spain expects economy to contract in 2013   Read more....         Customs Exchange Rates Currency Import Export US Dollar 55.30 54.35 UK Pound 84.50 82.50 Euro 71.80 70.00 Japanese Yen 54.40 53.00 As on 18 May, 2013   Daily Poll Do you think banks will lower lending rates after recent RBI rate cut?  Yes  No  Can't say   Commented Stories » MSME schemes - Do you know all of them?(7) » Starting an import export business: Basic guide for beginners(6) » Golden fibre making inroads into road construction(3) » RBI monetary policy: Inflation still in focus(3) » SMEs against local body tax imposed by Maharashtra govt.(3)

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