1. NEWS……………………… for week ended 10/10/2010 By:- Robin Inderpal Singh

2. Bangladesh, India to sign ‘border haat’ agreement To allow makeshift bazaars at their common bodes. The modus operandi of the proposed ‘haats’ for boosting bilateral trade Bangladesh imports from India in 2008-09 were $ 2.841 billion and exports to India were $ 276.58 million Total bilateral trade stood at $ 3.117 billion.

3. Anti-dumping duty on phenol imports Ministry to impose anti-dumping duty of up to $ 547 per tonne. This duty is on the import of phenol, chemical used by plywood and pharma industries It is imposed on the Japan and Thailand. The to be range from $10.03 per tonne to $ 547.03 as recommended by ADAG.

4. WTO drug seizure case to stay till EU changes its Customs laws India will not withdraw its case against the EU at WTO for wrongful seizure of drugs. Until EU agrees to amend its customs laws to prevent such action in future. This is the statement of commerce secretary Mr. RahulKhullar. Earlier India along with Brazil, filed a complaint against EU

5. ‘Preference Shares can’t be treated as FDI’ RBI rejected proposal of DIPP to allow to allow optionally convertible debentures and preference shares as the part of FDI. RBI said FDI investor should bear the entire project risk similar to borne by an ordinary shareholder of an Indian company for the instrument. The investor does not expose himself to the full risk and the instrument acquires the characteristics rather than a purely equity instrument.

6. China says yuan must not be 'scapegoat' for US economic woes "The United States can't use domestic reasons to pass on its domestic employment and economic growth problems (to other nations)," commerce ministry spokesman Yao Jian. "The yuan's rate must not be the scapegoat of US domestic problems."

7. hmm