2.  Encouraged by job-generating trip of President
Barack Obama, US Commerce Department will
take a high-level trade delegation to India in
early February next year.
 Focus on technology, high- technology goods
from medical equipment to energy, helping
American companies sell more of their made-in
USA-goods and services to India.
 President was able to announce over USD 10
billion in sales of US goods and services of
export content here in the US.

3.  India received foreign direct investment worth
$2.11 billion in September an increase of about
40% over that in the same month last year. The FDI
inflows in September 2009 were $1.51 billion. FDI
inflows so far this year stand at $38 billion. The
sectors that attracted foreign investment included
service, telecommunication, construction and
computer software and hardware.

4.  Bharti acquired the African telecoms assets of Kuwaiti
group Zain in a $9 billion deal.
 “Biggest future Continent" for telecoms and making it
the world's fifth-biggest mobile Operator.
 "Investors will tell you they want growth rather than
good profitability.
 Bring our business model, which is low cost, low
tariffs, wide networks into Africa, and particularly
Nigeria, but we are not here for a price war.

5.  Markets continued to decline for the second
consecutive week.
 Due to heavy all round selling pressure from Operators
as well as Investors.
 Slow down in capital inflows too left an adverse
impact.
 US funds will close positions in emerging market
stocks ahead of the year-end to cash in on recent gains.

6. India's forex reserves down $1.9 bn to $298.31
bn.
 The country's foreign exchange reserves slid
by $1.9-billion to $298.31-billion on the
back of a heavy decline in foreign currency.
 Foreign currency assets expressed in US
dollar terms include the effect of appreciation
or depreciation of the non-US currencies,
such as the euro, pound and yen, held in the
reserves.
 The country's gold reserves remained static
for the second consecutive week at $21.67-
billion.