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India Inc says the increase in short-term lending and borrowing rates by the RBI could adversely impact the country's industrial growth rate.

Finance minister Pranab Mukherjee says the RBI's move to tighten monetary policy will help the Indian economy to do better in terns of growth.
Prime Minister Manmohan Singh said the government is encouraging oil firms to buy blocks abroad to help meet the deman-supply gap for oil over the coming years.
During the six month review of April-September period, exports increased 28 per cent to $103.64 billion, compared to the same period previous financial year.
Prime Minister Manmohan Singh pushes for early completion of all formalities for implementing the India-ASEAN Trade in Goods Agreement.

Prime Minister Manmohan Singh says mutual development possible through sustained cooperation.

Industry chambers Ficci, Assocham and CII asked for the Reserve Bank of India to maintain a balance between managing inflation and promoting the country's growth.
The rupee appreciated by 6 paise to Rs 44.41 against the dollar at the Interbank Foreign Exchange market in morning trade.
Export numberd from the tax-free enclaves grew to Rs 1,39,841 crore during the first half of this financial year, against Rs 89,750 in the same period last year.