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BSE brokers express reservations on timing
The strong 700-member Bombay Stock Exchange (BSE) brokers forum yet again expressed its reservation against the extension of trade timing by both BSE and the National Stock Exchange (NSE) from January 4. Last week, both the bourses had to postpone their decision to open markets by 9 am after a sharp outcry against the decision from market participants.

Asian stocks rebound on Dubai financing; Japan shares decline
Asian stocks rebounded from earlier losses after Dubai secured $10 billion of funding to repay its debt. Japan shares dropped as a measure of business confidence showed companies are scaling back investment plans.

News of the day

Seal the deal at Copenhagen : Ban Ki-Moon
Seeking a "strong political agreement" at the Copenhagen climate change summit, UN Secretary General Ban Ki-moon has said the world leaders "must seal the deal" to tackle the pressing issue of global warming.
International Business

India, Russia ink agreement on seafood exports

India and Russian Federation has reached a new administrative arrangement on shipping and export of fish and seafood products from India, according to Marine Products Export Development Authority (MPEDA). - Marine exports rise 12.74% in FY09 - Frozen shrimp exports decline 9.7 per cent - Saudi Arabia lifts ban on Indian seafood imports - "Marine exporters must ensure quality" - China threatens to ban import of seafood from India - US sets rates for anti-dumping duty of Indian shrimp, prawns import">US sets rates for anti-dumping duty of Indian shrimp, prawns import The agreement was signed between MPEDA Chairperson Leena Nair on behalf of the Export Inspection Council (EIC) and the Federal Service of Veterinary and Phytosantiary Surveillance of the Russian Federation (FSVPS) Deputy head, N A Vlasov in Moscow on Tuesday. The arrangement, besides defining the terms of export for over 45 Indian fish processing establishments, details the modalities of cooperation in the fields of quarantine and inspections during the export and import of products processed from wild catch and aquaculture, the release said. This would help in ensuring high level of food safety and quality control for shipment of seafood products from India. The Indian team also included Director of the Ministry of Commerce, Shiv Kumar, EIC Joint Director Anand Kishore and Indian embassy"s (in Moscow) First secretary of economics and commerce , Debajyoti Pal, MPEDA sources said.


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