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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> 
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  <pubDate>Wed, 16 May 2012 10:57:00 GMT</pubDate> 
  <copyright>Copyright: (C) 2011 Rediff.com India Limited. All Rights Reserved.</copyright> 
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<!--16-05-2012:15:43:44-->
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  <title><![CDATA[No need to panic over falling rupee: FM]]></title> 
  <link>http://www.rediff.com/business/slide-show/slide-show-1-no-need-to-panic-over-falling-rupee-fm/20120516.htm</link> 
  <description><![CDATA[FM said the slide would be contained when there is certainty in eurozone recovery.]]></description> 
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<!--16-05-2012:15:16:04-->
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  <title><![CDATA[Oppn fears repeat of 1991 as rupee touches record low]]></title> 
  <link>http://www.rediff.com/business/report/oppn-fears-repeat-of-1991-as-rupee-touches-record-low/20120516.htm</link> 
  <description><![CDATA[As the rupee touched a record low, opposition on Wednesday questioned the government in the Lok Sabha on the steps being taken to tackle the situation as it feared that there could be a repeat of 1991, when India saw severe balance of payments problem and even had to mortgage gold.]]></description> 
  <image>http://im.rediff.com/money/2012/may/21notes.jpg</image>
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<!--16-05-2012:15:06:15-->
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  <title><![CDATA[14 pilots, 31 cabin crew failed alcohol test this year]]></title> 
  <link>http://www.rediff.com/business/report/pilots-cabin-crew-failed-alcohol-test/20120516.htm</link> 
  <description><![CDATA[Fourteen pilots and 31 cabin crew members have been found reporting for duty under the influence of alcohol till March this year, Civil Aviation Minister Ajit Singh said on Wednesday.]]></description> 
  <image>http://im.rediff.com/money/2012/may/14jet.jpg</image>
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<!--16-05-2012:14:57:15-->
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  <title><![CDATA[EU envoy hopeful of FTA with India by this year]]></title> 
  <link>http://www.rediff.com/business/report/eu-envoy-hopeful-of-fta-with-india-by-this-year/20120516.htm</link> 
  <description><![CDATA[The proposed India-European Union free trade agreement (FTA), which seeks to liberalise trade in goods and services, could be materialised by this year, EU Ambassador to India Joao Cravinho has said.]]></description> 
  <image>http://im.rediff.com/money/2012/may/16eu.jpg</image>
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<!--16-05-2012:14:27:39-->
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  <title><![CDATA[Are Indian MNCs ahead of the domestic economy?]]></title> 
  <link>http://www.rediff.com/business/slide-show/slide-show-1-column-are-indian-mncs-ahead-of-the-domestic-economy/20120516.htm</link> 
  <description><![CDATA[The Indian School of Business, in co-operation with a Brazilian counterpart, has constructed a transnational index to rank Indian multinationals and thereby gain available insights.]]></description> 
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<!--16-05-2012:14:17:58-->
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  <title><![CDATA[Facebook raises IPO price range to $34-38]]></title> 
  <link>http://www.rediff.com/business/slide-show/slide-show-1-tech-facebook-raises-ipo-price-range-to-usd-34-38/20120516.htm</link> 
  <description><![CDATA[The move signals a strong demand from investors.]]></description> 
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<!--16-05-2012:13:54:01-->
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  <title><![CDATA[US economy getting stronger: Geithner]]></title> 
  <link>http://www.rediff.com/business/report/us-eeconomy-getting-stronger-geithner/20120516.htm</link> 
  <description><![CDATA[US companies are rebuilding their capital stock as well as the workforce and hiring people back to work.]]></description> 
  <image>http://im.rediff.com/money/2012/may/16us.jpg</image>
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<!--16-05-2012:13:50:56-->
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  <title><![CDATA[India gets 46th spot in global trade logistics performance]]></title> 
  <link>http://www.rediff.com/business/report/india-gets-46th-spot-in-global-trade-logistics-performance-wb/20120516.htm</link> 
  <description><![CDATA[Countries like India, China and the US, which pursued aggressive reforms, have improved their global trade logistics performance despite the slowdown in progress in the sector over the last two years amid the global recession, the World Bank has said.]]></description> 
  <image>http://im.rediff.com/money/2012/may/16india.jpg</image>
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<!--16-05-2012:13:47:14-->
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  <title><![CDATA[PHOTOS: World's largest swimming pool]]></title> 
  <link>http://www.rediff.com/business/slide-show/slide-show-1-worlds-largest-swimming-pool/20120516.htm</link> 
  <description><![CDATA[Acknowledged by the Guinness World Records as the world's largest swimming pool, the lagoon measures 1,013 metres (3,323 ft)) in length.]]></description> 
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<!--16-05-2012:13:40:58-->
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  <title><![CDATA[Rupee hits all-time low of 54.46/$ on capital outflow]]></title> 
  <link>http://www.rediff.com/business/report/rupee-hits-all-time-low-of-54-point-46-per-usd-on-capital-outflow/20120516.htm</link> 
  <description><![CDATA[Traders said the Reserve Bank's efforts to curb the falling rupee have failed to arrest the decline.]]></description> 
  <image>http://im.rediff.com/money/2012/may/16re.jpg</image>
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<!--16-05-2012:13:30:01-->
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  <title><![CDATA[IMAGES: The story behind the sparkling diamonds]]></title> 
  <link>http://www.rediff.com/business/slide-show/slide-show-1-all-thats-there-to-the-sparkling-diamond/20120516.htm</link> 
  <description><![CDATA[When the salesperson starts explaining the 4Cs -- cut, clarity, carat and colour -- this alluring piece of stone becomes even more enchanting.]]></description> 
  <image></image>
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<!--16-05-2012:13:20:35-->
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  <title><![CDATA[Less scope for credit card delinquencies: SBI Cards head]]></title> 
  <link>http://www.rediff.com/business/report/interview-less-scope-for-credit-card-delinquencies-sbi-cards-head/20120516.htm</link> 
  <description><![CDATA[SBI Cards, like most other credit card issuers in the country, suffered losses during the financial crisis of 2008-09 due to sharp increase in delinquencies. The company, a joint venture between State Bank of India and GE Capital, turned profitable in 2010-11. Kadambi Narahari, chief executive officer, shares the strategy to grow the company's cards business in coming years.]]></description> 
  <image>http://im.rediff.com/money/2012/may/16sbi.jpg</image>
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<!--16-05-2012:13:13:53-->
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  <title><![CDATA[Sensex dip below 16k level again on foreign funds selling]]></title> 
  <link>http://www.rediff.com/business/report/sensex-dip-below-16k-level-again-on-foreign-funds-selling/20120516.htm</link> 
  <description><![CDATA[Brokers said selling pressure goatherd momentum as the weakening rupee fell to an all-time low of 54.46 against the US dollar.]]></description> 
  <image>http://im.rediff.com/money/2012/may/16bse.jpg</image>
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<!--16-05-2012:13:10:16-->
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  <title><![CDATA[D K Mittal front runner for post of commerce secretary]]></title> 
  <link>http://www.rediff.com/business/report/d-k-mittal-emerges-front-runner-for-post-of-commerce-secretary/20120516.htm</link> 
  <description><![CDATA[Even as the government today gave Saurabh Chandra, secretary, department of industrial policy and promotion (DIPP), the additional charge of secretary, Department of Commerce, Dinesh Kumar Mittal has emerged as the front runner for the post.]]></description> 
  <image>http://im.rediff.com/money/2012/may/16mittal1.jpg</image>
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<!--16-05-2012:13:06:39-->
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  <title><![CDATA[AI starts intl flights; pilots want govt to initiate talks]]></title> 
  <link>http://www.rediff.com/business/slide-show/slide-show-1-ai-begins-intl-operations-pilots-want-govt-to-initiate-talks/20120516.htm</link> 
  <description><![CDATA[As the stir by the pilots entered the ninth day, the Airlines curtailed and clubbed many of its flights to the US and Europe to stabilise international operations.]]></description> 
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