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	<description>Free &#38; Fearless Press - Right of every Indian</description>
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		<title>India Trade deficit remains in double digits</title>
		<link>http://freepress.in/exim/india-trade-deficit-remains-in-double-digits/</link>
		<comments>http://freepress.in/exim/india-trade-deficit-remains-in-double-digits/#comments</comments>
		<pubDate>Tue, 03 Aug 2010 08:07:27 +0000</pubDate>
		<dc:creator>editor</dc:creator>
				<category><![CDATA[exim]]></category>

		<guid isPermaLink="false">http://freepress.in/?p=2462</guid>
		<description><![CDATA[In June, India’s trade deficit eased a tad to USD 10.5 bn from USD 11.3 bn in May 2010, although higher than the average of ~USD 9 bn over the past 12 months. Thus, Q1FY11 trade deficit has reached ~USD 32 bn, highest on record, excepting the quarter ending September 2008, when it was at [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>Deficit Watch &#8211; fiscal improvement + red flag on the current account</title>
		<link>http://freepress.in/exim/deficit-watch-fiscal-improvement-red-flag-on-the-current-account/</link>
		<comments>http://freepress.in/exim/deficit-watch-fiscal-improvement-red-flag-on-the-current-account/#comments</comments>
		<pubDate>Mon, 19 Jul 2010 05:51:11 +0000</pubDate>
		<dc:creator>editor</dc:creator>
				<category><![CDATA[exim]]></category>

		<guid isPermaLink="false">http://freepress.in/?p=2450</guid>
		<description><![CDATA[India’s current account balance has been subject historically to pronounced seasonality – improving sharply in the second half of each fiscal year (October- March). For FY09/10, however, we were surprised that the seasonal impact did not apply – instead, the current-account deficit actually widened for October 2009-March 2010 (to 3.4% of GDP, from 2.2% of [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Current Fitch Sovereign Rating of India</title>
		<link>http://freepress.in/exim/current-fitch-sovereign-rating-of-india/</link>
		<comments>http://freepress.in/exim/current-fitch-sovereign-rating-of-india/#comments</comments>
		<pubDate>Mon, 08 Feb 2010 06:08:12 +0000</pubDate>
		<dc:creator>editor</dc:creator>
				<category><![CDATA[exim]]></category>

		<guid isPermaLink="false">http://freepress.in/?p=2261</guid>
		<description><![CDATA[Here is what Fitch the international rating agency thinks of India. It said, The Negative Outlook on the Local?Currency IDR reflects the agency’s judgement that the fiscal deterioration in the year to end?March 2009 (FY09) and FY10 has been partly structural in nature, and that India’s public finances are set to stress comparisons with ‘BBB’ [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>Indian Rice Export Scam of Rs 2,500 Cr &#8211; Courtesy Pranab Mukherjee + KamalNath</title>
		<link>http://freepress.in/exim/indian-rice-export-scam-of-rs-2500-cr-courtesy-pranab-mukherjee-kamalnath/</link>
		<comments>http://freepress.in/exim/indian-rice-export-scam-of-rs-2500-cr-courtesy-pranab-mukherjee-kamalnath/#comments</comments>
		<pubDate>Wed, 23 Dec 2009 02:51:58 +0000</pubDate>
		<dc:creator>editor</dc:creator>
				<category><![CDATA[exim]]></category>

		<guid isPermaLink="false">http://freepress.in/?p=2192</guid>
		<description><![CDATA[If you read the Outlook magazine dated Dec-21st, you will notice that despite objections raised by then Finance Minister Mr. P. Chidambaram and Agriculture, Food and Civil Supplies Minister &#8211; Mr. Sharad Pawar, empowered group of ministers headed by Mr. Pranab Mukherjee under the controversial leadership of then Commerce Minister Mr. Kamal Nath pushed for [...]]]></description>
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		<slash:comments>1</slash:comments>
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		<title>Exports may continue to fall through H1 FY10</title>
		<link>http://freepress.in/exim/exports-may-continue-to-fall-through-h1-fy10/</link>
		<comments>http://freepress.in/exim/exports-may-continue-to-fall-through-h1-fy10/#comments</comments>
		<pubDate>Tue, 14 Apr 2009 07:01:12 +0000</pubDate>
		<dc:creator>editor</dc:creator>
				<category><![CDATA[exim]]></category>

		<guid isPermaLink="false">http://freepress.in/?p=1340</guid>
		<description><![CDATA[India&#8217;s exports may continue to fall through the first half of FY10, according to the trade secretary on Monday. He also said that exports in March may have fallen by 31%, sixth straight decline in exports. Exports during the full fiscal 2008-09 would probably reach the downwardly revised figure of $170 billion. However, the next [...]]]></description>
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		<title>RBI Forex reference rate for the dollar at Rs 50.52 on Monday</title>
		<link>http://freepress.in/exim/rbi-forex-reference-rate-for-the-dollar-at-rs-5052-on-monday/</link>
		<comments>http://freepress.in/exim/rbi-forex-reference-rate-for-the-dollar-at-rs-5052-on-monday/#comments</comments>
		<pubDate>Mon, 23 Mar 2009 10:07:31 +0000</pubDate>
		<dc:creator>editor</dc:creator>
				<category><![CDATA[exim]]></category>

		<guid isPermaLink="false">http://freepress.in/?p=1220</guid>
		<description><![CDATA[The Reserve Bank of India on Monday fixed the reference rate for the dollar at Rs 50.52, as compared to the previous rate of 50.14 on Friday. The corresponding exchange rate for the euro was Rs 69.11 (Rs 68.39) and that for the UK pound was 73.5647 (Rs 72.4222). The reference rate for the Japanese [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Traffic at Major Ports Declined by 4.2% in February</title>
		<link>http://freepress.in/exim/traffic-at-major-ports-declined-by-42-in-february/</link>
		<comments>http://freepress.in/exim/traffic-at-major-ports-declined-by-42-in-february/#comments</comments>
		<pubDate>Wed, 18 Mar 2009 06:11:40 +0000</pubDate>
		<dc:creator>editor</dc:creator>
				<category><![CDATA[exim]]></category>

		<guid isPermaLink="false">http://freepress.in/?p=1192</guid>
		<description><![CDATA[According to the latest data released by the IPA, traffic at major government-owned/regulated ports in India fell by 4.2% YoY in February. Traffic has fallen in 9 out of 12 ports in February 2009. Tuticorin port has had the sharpest decline at 32% YoY. Traffic at ports like JNPT and Kandla have fallen by 19% [...]]]></description>
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		<title>Week rupee helping out battered exporters</title>
		<link>http://freepress.in/exim/week-rupee-helping-out-battered-exporters/</link>
		<comments>http://freepress.in/exim/week-rupee-helping-out-battered-exporters/#comments</comments>
		<pubDate>Thu, 19 Feb 2009 10:12:28 +0000</pubDate>
		<dc:creator>editor</dc:creator>
				<category><![CDATA[exim]]></category>

		<guid isPermaLink="false">http://freepress.in/?p=946</guid>
		<description><![CDATA[Indian rupee has once again lost significant ground against dollar over last few days. The development reflects that de-leveraging continues in international markets as the global economic crisis deepens further. Changing fortune of rupee however has come as a rescue to the exporters. Marred by the global demand slowdown amidst languishing recession in west, the exporters will [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>Govt amends SEZ rules to benefit developers</title>
		<link>http://freepress.in/exim/govt-amends-sez-rules-to-benefit-developers/</link>
		<comments>http://freepress.in/exim/govt-amends-sez-rules-to-benefit-developers/#comments</comments>
		<pubDate>Wed, 04 Feb 2009 08:26:15 +0000</pubDate>
		<dc:creator>editor</dc:creator>
				<category><![CDATA[exim]]></category>

		<guid isPermaLink="false">http://freepress.in/?p=662</guid>
		<description><![CDATA[The government has amended rules for suppliers of goods to special economic zones (SEZ) to claim export incentives like duty draw backs in the domestic currency and simultaneously asked the developers to provide housing to staff and workers within the tax-free enclaves. And the tax benefits and concessions have been extended to the sub contractors [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>MMTC likely to pick out iron importers</title>
		<link>http://freepress.in/exim/mmtc-likely-to-pick-out-iron-importers/</link>
		<comments>http://freepress.in/exim/mmtc-likely-to-pick-out-iron-importers/#comments</comments>
		<pubDate>Tue, 03 Feb 2009 09:33:13 +0000</pubDate>
		<dc:creator>editor</dc:creator>
				<category><![CDATA[exim]]></category>

		<guid isPermaLink="false">http://freepress.in/?p=644</guid>
		<description><![CDATA[State-run mining giant MMTC has floated bids for selecting pig iron importers and bids are to be submitted by February 12, The company would be eligible if its average gross sales stand at $100 million and gross profit of $5 million in the last three years. It also noted that the companies should either be [...]]]></description>
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		<slash:comments>0</slash:comments>
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