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China can manage inflation expectations: Vice Premier
China has the ability to manage inflation expectations and will seek a balance between containing price pressures while maintaining strong growth and restructuring the economy, Vice Premier Li Keqiang said on Tuesday.
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James Bond to blast back into movie theaters
British secret agent James Bond, 007, is set to return to movie theaters for a 23rd version of the long-running and lucrative film franchise, its makers at EON Productions and Metro-Goldwyn-Mayer film studio said on Tuesday.
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US Fed officials offer dueling views on policy
Two top US Federal Reserve officials offered differing views on monetary policy on Tuesday, with one warning the Fed's ultra-easy stance may soon backfire, and the other saying he is comfortable with it.
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Retail CEOs see 2011 sales uptick, with caveats
Executives at top US retailers expect shoppers to keep spending in 2011 like they did in the recently-ended holiday season, looking for good prices for most items and splurging only on the products they want most.
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Volvo seeks '2nd home market' in China
Volvo Car expects China to become its biggest market as early as next year and its "second home market" after Sweden as the Chinese-owned automaker looks for sales to grow more than six times by 2015, a top company executive said.
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IndiGo buys 180 Airbus aircrafts for $16 bn
Budget carrier IndiGo has agreed to buy 180 Airbus aircraft dominated by the first order for the upgraded "A320neo," making the airline a launch customer for the planned revamp, Airbus said on Tuesday.
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WikiLeaks activists may seek to quash US demand for docs
Two prominent WikiLeaks supporters in the Netherlands and Iceland are consulting US lawyers about ways to stop the Justice Department getting their Twitter records in a probe into the leak of secret documents.
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Europe's refiners to feel pain from China deal
China's landmark purchase of European oil refineries this week could sound the death knell for poorer plants in the declining European sector.
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US automakers see tests from old, new threats
Top US auto executives may be allowing themselves the odd celebratory drink at this year's Detroit auto show as sales recover but they still have plenty of worries to keep them awake at night.
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Disney hits new markets with retail makeover
Riding on the success of its recently renovated stores in tourist hotspots including New York, Walt Disney Co is taking its new, highly interactive, retail format to upscale malls in newer markets, on both sides of the Atlantic.
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Russia nuclear firm sees export market potential
Russian nuclear holding firm Rosatom wants to build 30 nuclear reactors abroad after securing deals in India, Turkey and Vietnam last year, CEO Sergei Kiriyenko said on Tuesday.
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US business group urges gradual change in China yuan
The United States should not press China for an immediate sharp rise in the value of its yuan currency because that could be bad for both countries, the leader of a top US business group said on Tuesday.
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Can green construction beat the building blues?
After a two year slump in the construction market, US building materials firms hope a trend to so-called green -- or energy efficient -- building will steer them back to growth.
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Flawed report seen from US financial crisis panel
The final report of a US congressional panel on the financial crisis -- due to hit bookstores in days -- won't be the blockbuster some hoped for, but it may help point the way toward mortgage market reform.
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Eurozone to discuss rescue fund capacity on Jan 17
Eurozone finance ministers are likely to consider next week the option of raising the effective lending capacity of the currency bloc's rescue fund as part of efforts to calm sovereign debt markets, eurozone sources said.
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US sees stronger 2012 world oil demand growth
Global oil demand growth will accelerate next year, while non-OPEC production will remain flat, driving oil prices to a record high average of $99 a barrel, the US government said on Tuesday in its first energy forecast for 2012.
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Bailout would hurt Portuguese pride, again
The trauma of past IMF interventions is deeply etched in the memory of many Portuguese and explains why applying for assistance would be so politically fraught for Lisbon and is dogging a presidential election race.
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Nifty 5700 Call adds 10.4 lakh shares in OI
Nifty Futures shed 8.2 lakh shares in OI and ended at premium of 15 points as against 4 points. Nifty Open Interest PCR was down at 0.95 from 0.97.
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Crude trades above USD 91/bbl
Commodities bounced back on Tuesday. CRB Index gained 1.4% - biggest gain in the last 2 weeks.
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FIIs net sell Rs 1162 cr in equities (prov)
FII were net buyers of Rs 475 crore in Index Futures and buyers of Rs 471 crore in Stock Futures. Nifty 5700 Calls added 10.4 lakh shares in Open Interest while Nifty 5500 put added 7 lakh shares in Open Interest.
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Nifty has support at 5689-5618: Gaba
The support for the Nifty is at 5689-5618 and resistance at 5850.
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Rupee may appreciate further: N Subramaniam
The rupee might continue to appreciate further on the back of weaker dollar and possible recovery in the domestic stock market, says N Subramaniam, Pinnacle Forex.
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F&O cues: Total Nifty futures down Rs 1014 crore
F&O cues: Total Nifty futures down Rs 1014 crore and Options up Rs 1099 crore.
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10-year yield seen between 8.10- 8.20%: Ramanathan K
After the sharp correction, bond markets are expected to be rangebound today supported by buyback and comments that the monetary policy shouldn't be the only aggressive tool to control inflation. I expect a moderation in IIP numbers. The 10-year yield is seen between 8.10- 8.20%, says Ramanathan K, ING Investment Mgmt.
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Market cues: NSE F&O Open Int up Rs 85 cr
Market cues: NSE F&O Open Int was up Rs 85 crore at Rs 1.37lakh crore.
