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  <title>rediff Business</title> 
  <link>http://www.rediff.com/money/index.html</link> 
  <description>India's largest news and entertainment service online.</description> 
  <language>en-us</language> 
  <pubDate>Fri, 03 Jul 2009 23:30:01 GMT</pubDate> 
  <copyright>Copyright: (C) 2009 Rediff.com India Limited. All Rights Reserved.</copyright> 
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<!--04-07-2009:04:50:33-->
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  <title><![CDATA[Government lifts ban on wheat export]]></title> 
  <link>http://business.rediff.com/report/2009/jul/04/govt-lift-ban-wheat-export.htm</link> 
  <description><![CDATA[India today lifted a 28-month ban on wheat export by allowing export of 900,000 tonnes of the grain by government-owned trading agencies. ]]></description> 
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<!--04-07-2009:04:45:16-->
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  <title><![CDATA[Ambanis move SC on K-G gas case]]></title> 
  <link>http://business.rediff.com/report/2009/jul/04/ambanis-move-sc-over-kg-gas.htm</link> 
  <description><![CDATA[Anil Ambani promoted Reliance Natural Resources icked off the second round of the battle today by filing a special leave petition in the Supreme Court, which prompted Mukesh Ambani-led Reliance Industries to file a caveat in the apex court.]]></description> 
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<!--04-07-2009:04:42:36-->
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  <title><![CDATA[5 Indian firms in shortlist to exploit Afghan iron]]></title> 
  <link>http://business.rediff.com/report/2009/jul/04/indian-firms-in-race-for-afghan-iron-ore.htm</link> 
  <description><![CDATA[Five Indian metals and mining companies are in the race for acquiring mining rights for the largest iron ore deposit in war-torn Afghanistan. The government has shortlisted Vedanta group's Sesa Goa, Essar Minerals, Ispat Industries, JSW Steel and Rashtriya Ispat Nigam for a bid for the 1.8 billion tonne Hajigak iron ore deposit. ]]></description> 
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<!--03-07-2009:20:53:01-->
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  <title><![CDATA[Rail budget a competent job: Manmohan Singh]]></title> 
  <link>http://business.rediff.com/slide-show/2009/jul/03/slide-show-1-video-rail-budget-a-competent-job-manmohan-singh.htm</link> 
  <description><![CDATA[The Railway Budget speech underscored the Congress party-led government's focus on inclusive growth, after it was re-elected by]]></description> 
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<!--03-07-2009:20:32:03-->
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  <title><![CDATA[Why Rs 1 lakh tax-free investment limit is useless]]></title> 
  <link>http://business.rediff.com/report/2009/jul/03/budget09-why-the-rs-1-lakh-tax-free-investment-limit-is-useless.htm</link> 
  <description><![CDATA[A case study on why the Rs 1 lakh (Rs 100,000) tax-free investment limit for Section 80C of the Income Tax Act is ridiculously low and impractical.]]></description> 
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<!--03-07-2009:20:31:24-->
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  <title><![CDATA[Exempt Exempt Tax: Boon or bane?]]></title> 
  <link>http://business.rediff.com/report/2009/jul/03/budget09-exempt-exempt-tax-is-a-boon-or-bane.htm</link> 
  <description><![CDATA[There has been considerable discussion during the past few years about the Government changing from the EEE to EET Tax regime related to tax saving financial products. The acronyms have a simple expansion: Exempt -- Exempt -- Exempt and Exempt -- Exempt -- Tax.  With the upcoming Budget expected to give some direction on this issue, its time we understood what these terms mean and their impact on our pockets.]]></description> 
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<!--03-07-2009:20:05:36-->
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  <title><![CDATA[Railway Budget not Bengal centric: Mamata]]></title> 
  <link>http://business.rediff.com/report/2009/jul/03/budget09-rail-budget-not-bengal-centric-mamata.htm</link> 
  <description><![CDATA[Railway minister Mamata Banerjee fought off criticism on Friday that her Railway Budget was Bengal-centric and said she had kept in mind the entire country.]]></description> 
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<!--03-07-2009:19:58:20-->
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  <title><![CDATA[Budget, interest rates and you!]]></title> 
  <link>http://business.rediff.com/report/2009/jul/03/budget09-interest-rates-and-you.htm</link> 
  <description><![CDATA[The debate on interest rates continues on the days leading to the Budget. So what are its consequences on our household budgets and pockets? Read on. . .]]></description> 
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<!--03-07-2009:19:42:04-->
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  <title><![CDATA[Mixed reactions to Mamata's Rail Budget]]></title> 
  <link>http://business.rediff.com/report/2009/jul/03/budget09-mixed-reactions-to-rail-budget.htm</link> 
  <description><![CDATA[Mamata Banerjee's Railway Budget evoked mixed reactions. While corporate India welcomed the moves made by the railway minister, opposition political parties flayed the budget calling it a fantasy and opoortunistic. Read on...]]></description> 
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<!--03-07-2009:19:41:54-->
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  <title><![CDATA[India's forex reserves up $932 mn to $264.58 bn]]></title> 
  <link>http://business.rediff.com/report/2009/jul/03/indias-forex-reserves-up-932-mn-dollars-to-264-point-58-bn-dollars.htm</link> 
  <description><![CDATA[Foreign currency assets, during the week, jumped by $924 million to $253.732 billion against $252.808 billion in the previous week, RBI said in its weekly report. FCAs, expressed in dollar terms, include the effect of appreciation or depreciation of non-US currencies (such as Euro, Sterling, Yen) held in reserves, RBI said.]]></description> 
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<!--03-07-2009:19:28:09-->
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  <title><![CDATA[Railways faces a Rs 2,500 crore shortfall]]></title> 
  <link>http://business.rediff.com/report/2009/jul/03/budget09-railways-faces-a-rs-2500-crore-shortfall.htm</link> 
  <description><![CDATA["The 6th Pay Commission disbursement led to an increase in our working expenses," Chairman of the Railway Board S S Khurana said.  He also said the Railways had saved Rs 655 crore. "Our cash surplus before the dividend was Rs 17,399 crore and operating ratio was 90.4 per cent," he said.]]></description> 
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<!--03-07-2009:19:08:56-->
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  <title><![CDATA[Buffett donates Berkshire pie to Gates Foundation]]></title> 
  <link>http://business.rediff.com/report/2009/jul/03/buffett-donates-1-point-25-bn-dollars-berkshire-shares-to-gates-foundation.htm</link> 
  <description><![CDATA[Berkshire Hathaway, a diversified financial insurance firm, is the flagship company of Buffett. The company said in regulatory filling that Buffett donated 428,688 class B shares of Berkshire to the Trust worth $1.25 billion.]]></description> 
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<!--03-07-2009:19:00:27-->
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  <title><![CDATA[Railways spot early signs of economic recovery]]></title> 
  <link>http://business.rediff.com/report/2009/jul/03/railbudget09-railways-spot-early-signs-of-economic-recovery.htm</link> 
  <description><![CDATA["The year 2009-10 imposes greater challenges", Railway Board chairman S S Khurana said. The railways get bulk of revenue from the freight traffic, which was impacted by the slowdown in the Indian economy on global financial concerns.]]></description> 
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<!--03-07-2009:18:33:35-->
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  <title><![CDATA['Mamata's white paper will expose Lalu: Nitish]]></title> 
  <link>http://business.rediff.com/report/2009/jul/03/budget09-mamatas-white-paper-will-expose-lalu-nitish.htm</link> 
  <description><![CDATA[Bihar chief minister Nitish Kumar utilised railway minister Mamata Banerjee's Rail Budget on Friday to fire another salvo at her predecessor Lalu Prasad saying the planned white paper on the present financial status of the railways would 'expose' his arch rival. Nitish, a former railway minister himself, said the white paper would unravel the truth behind Lalu's claims that Railways earned huge profits successively during his five-year tenure.]]></description> 
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<!--03-07-2009:17:28:46-->
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  <title><![CDATA[Lalu got math wrong, Mamata corrects]]></title> 
  <link>http://business.rediff.com/slide-show/2009/jul/03/slide-show-1-lalu-got-math-wrong.htm</link> 
  <description><![CDATA[They may be on the same side of political power, but that did not stop Railway Minister Mamata Banerjee and her predecessor Lalu Prasad from taking pot-shots at each other during the presentation of Railway Budget in the Lok Sabha.]]></description> 
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