Will Obama talk tax reform in State of the Union?
President Barack Obama has proposed revamping the dizzying US tax code and many observers are eyeing his State of the Union address on Tuesday for signs of his commitment.
Oprah Winfrey reveals half-sister she never knew
Oprah Winfrey on Monday revealed that a Milwaukee woman named Patricia was the half-sister Oprah never knew about until this past November.
Brutal Nadal, mean Murray march on in Melbourne
Rafa Nadal shook off the sweats to savage Croatian Marin Cilic and reach the quarter-finals of the Australian Open on a Melbourne Monday evening as cool as the top seed was hot.
Some albums to watch in 2011
The music business was pummelled again in 2010, with sales tumbling 9% globally. Labels are struggling to keep pace with technological changes and say they are losing billions of dollars through illegal file sharing.
IMF sees global growth in 2011 just under 4.75%
The International Monetary Fund expects global economic growth in 2011 to be just slightly slower than last year's rate of 4.75%, its deputy managing director said on Monday.
Sarkozy targets commodities in G20 agenda
French President Nicolas Sarkozy called on Monday for new rules to curb commodity price volatility, warning as he laid out his G20 agenda that the world risks food riots and weaker growth if leaders fail to act.
Luxury watchmakers fishing for friends on Facebook
Luxury watchmakers are increasingly turning to online social network sites and forums to promote their products and satisfy a growing appetite for information about luxury timepieces, particularly in China.
Fashion icon Rafa revels in added exposure
Rafa Nadal, who has followed David Beckham and Cristiano Ronaldo as the new face of Armani underwear and jeans, said on Monday he loved being a sex symbol.
BBC shrinks online unit to cut costs, refocus
Britain's state-backed public broadcaster the BBC said on Monday it would close 200 websites over the next two years in a drive to slash costs and reshape online content.
Management tip of the day: How to profit from going good
Many companies still have a long way to build their reputations for doing good, as opposed to merely doing well, but there are certain steps that can help, says Harvard Business Review.
Trouble brews over BJP plan to hoist flag in Kashmir
The leaders of the main opposition Hindu nationalist party were stopped on Monday from travelling to disputed Kashmir to hoist the national flag, the party said, for fear of provoking violence in the sensitive region.
Kodak loses a round in suit against Apple, RIM
A US International Trade Commission judge has issued an initial determination that Eastman Kodak Co's patent claim against Apple Inc and Research In Motion invalid, Kodak said.
McDonald's December sales disappoint
McDonald's Corp reported weaker-than-expected December sales at established US and European restaurants as poor weather hurt demand, and said its food costs would rise in 2011.
Don't expect Greek debt restructuring soon
Conventional wisdom in the financial markets says that Greece will never be able to repay its growing mountain of debt and would do better to conduct an orderly restructuring sooner rather than later.
Nifty has resistance at 5800-5836: Gaba
The support for the Nifty is at 5715 and resistance at 5800-5836.
Nifty likely to witness range of 5780-5700: Bhambwani
The coming session is likely to witness a range of 5780 on advances above which the 5800 maybe seen. Support is likely at the 5700. The bullish pivot for the session is likely at the 5735 levels and the bearish pivot at the 5720 levels.
10-year yield seen between 8.15- 8.30%: Narayan
The bond market will be watching out for the Credit Policy today. We believe that given the real rates are already very high, a 25 bps increase in repo and reverse repo should suffice, says Ananth Narayan, StanChart Bank.
Rupee to remain in range of 45.55-45.80: Nanivadekar
It's likely to be a tricky day for the rupee. Global cues and stock market trends are supportive but importer demand may limit the gains. 25 bps rate hikes by the RBI has been already factored in. The range for the day is seen between 45.55- 45.80%, says Vikram Nanivadekar, Verity Analytics.
Stocks in news: Zee Learn, Deccan Chronicle, JK Tyre
Hindustan Composite | Zee Learn | Karnataka Bank | IDFC | Bharti Shipyard | Sun Pharma | L&T | SAIL | Deccan Chronicle | Hinduja Foundires | HUL | JK Tyre and Torrent Power are stocks, which are in the news today.
F&O cues: Total Nifty futures up Rs 1154 crore
F&O cues: Total Nifty futures up Rs 1154 crore and Options up Rs 693 crore.
Market cues: Market-wide rollover 37%
Market cues: Market-wide rollover 37% and Nifty rollovers 31%.
Ganeshaspeaks: Market prediction for Jan 25
High volatility and wide fluctuation dates in January: 3, 4, 5, 7, 11, 12, 18, 24, 27, 31
Asian markets trading firm; Hang Seng, Nikkei up
At 7: 51 am (IST), Asian markets were trading firm. Hong Kong's Hang Seng added 0.46% or 109.55 points at 23,911.33. Japan's Nikkei rose 0.94% or 97.50 points at 10,442.61. Singapore's Straits Times rose 0.29% or 9.12 points at 3,194.88. South Korea's Seoul Composite surged 0.85% or 17.62 points at 2,099.78.
Markets to trade in a narrow range: An analysis
FIIs were net sellers of Rs 261 crore in Index Futures while FIIs were net buyers of Rs 184 crore in Index Options and net buyers of Rs 549 crore in Stock Futures on January 24.
