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Tower of Babel
Business Standard / New Delhi December 31, 2009, 0:43 IST

Industry picks up
Business Standard / New Delhi December 14, 2009, 0:14 IST

News of the day

US, Brazil eat into Indian share of oilmeal exports
Oilmeal exports from India are falling due to higher prices and low quality compared to those from the US, Brazil and Argentina, which are offering better quality of soybean and rapeseed at lower prices. Exports are expected to come down by 15-20 lakh tonnes during 2009-10.
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Asian markets end firm

The Asian markets have ended in the green. - Oil pulls back in Asian trade due to stronger dollar - Arunachal projects kept out of ADB lending - Asian markets surge to 17-month high - Asian markets in green; Nikkei jumps - Oil touches $80 on better US economy - Two major tax reforms to give edge to Indian businesses The Hang Seng ended at 22,416, stronger by 137 points or 0.6% and the Nikkei closed at 10,731, up 49 points or 0.4%. Straits Times shut at 2,926, firmer by 6 points or 0.2%, Seoul Composite closed at 1,705, stronger by 14 points or 0.8%, and Taiwan Weighted ended at 8,327, up 38.8 points or 0.4%. The Shanghai Composite closed at 3,277, higher by 14 points or 0.4% _______________________________________________________ (Updated at 0807 am) The Asian markets have opened in the green. The Shanghai Composite is at 3,277, higher by 14 points or 0.4% and the Nikkei is at 10,726, up 44 points or 0.4%. Straits Times is at 2,927, up 7.5 points or 0.2%, Seoul Composite is at 1,699, up 9.1 points or 0.5% and the Taiwan Weighted is at 8,250, up 38.8 points or 0.4%.


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