China fiscal policy to stay proactive: MOF official
China will maintain a "proactive" fiscal policy in 2011 to build roads, subways and other infrastructure, Xinhua news agency reported on Sunday, citing the head of the Research Institute for Fiscal Science at the Ministry of Finance.
Iran joins Venezuela, Libya to say $100 oil no harm
OPEC's leading oil price hawk Iran joined Venezuela and Libya on Sunday to say it saw no need for the cartel to consider raising crude supplies to rein in crude prices now near USD 100 a barrel.
Steel minister sees deterrents to new investment
Fresh investment in the steel sector may be discouraged by delays to projects caused by problems such as land acquisition hurdles, steel minister Virbhadra Singh said on Sunday.
Swiss tax whistleblower to give WikiLeaks new data
A former Swiss private banker who was one of the first whistleblowers to use WikiLeaks by publishing internal bank documents on the site has pledged to hand over new data on offshore bank account holders on Monday, a newspaper said.
Iran explores new onshore gas field in south
Iran is exploring a new onshore gas field in the southern part of the country which could be worth USD 50 billion, Oil Minister Massoud Mirkazemi said on Sunday.
Congress ally NCP shrugs off Congress barb
Food and agriculture Minister Sharad Pawar, a key ally of the ruling Congress party, made an apparent jibe at Congress scion Rahul Gandhi on Sunday, after the Amethi MP blamed coalition politics for rapid inflation.
FIIs net sell Rs 748 cr in equities (prov)
FIIs were net buyers of Rs 208 crore in Index Futures, net buyers of Rs 950 crore in Index Options and net buyers of Rs 207 crore in Stock Futures.
Crude oil trades at around USD 91.5/bbl
CRB Commodity Index ended flat on Friday; was up by 2.8% for the week. US macro data was mixed and China raised banks' reserve requirement ratio by 50 bps again.
US mkts make fresh 2-year high post JPM, Intel nos
The Dow Jones Industrial Average ended up 55.5 points at 11787. The Nasdaq Composite was up 20 points at 2755 and S&P 500 Index rose 9.5 points at 1293.
Stock market prediction for Jan 17-21: Astrostocktips
Brewery / distillery sector would be getting astrological support & buy United Spirit, Jagatjit Industries & Globus on decline, says Satish Gupta of astrostocktips.
Iran says $100 a barrel is appropriate price for oil
Iran's oil minister said on Sunday that USD 100 for a barrel of crude was appropriate and there was no need to hold an emergency OPEC meeting to discuss the price.
Shanghai eyes foreign firm listings, cross-border trade
Shanghai hopes to encourage foreign companies to raise capital through stock and bond issuance in Shanghai this year, Mayor Han Zheng said on Sunday, while also confirming the city plans a trial property tax during 2011.
England 294 Vs Australia, 1st ODI: Innings
England were bowled out for 294 in the 50th over of their innings in the first one-day international against Australia at the Melbourne Cricket Ground on Sunday.
Rel Infra, RNRL not banned: Anil Ambani
Recent media reports announcing the Securities and Exchange Board of India (SEBI)’s directive regarding the Reliance Infrastructure and RNRL investigation over alleged misrepresentation of investments is completely misleading, says Reliance Group’s Anil Ambani.
Etisalat says still working to complete Zain deal
UAE telecoms firm Etisalat said on Sunday it was still working to complete a "definitive transaction" to buy a stake in Zain for USD 12 billion, despite missing a January 15 due diligence deadline.
Players laugh it up to raise funds for flood victims
Roger Federer, Rafa Nadal and other top tennis players hammed it up in exhibition matches on the eve of the Australian Open to raise money for victims of the country's devastating floods on Sunday.
Automakers to rev up ad spending in 2011
Automakers stepped on the gas when it came to advertising during the US industry's comeback last year and the spending will only accelerate in 2011 as sales rise and companies tout their newest vehicles.
Inflation rekindled in nonchalant markets
Central banks are pump-priming at the most aggressive pace in decades, governments are hiking sales taxes, food and energy costs are surging and yet investors seem strangely casual about inflation risks.
Teresa Scanlan of Nebraska crowned Miss America
Nebraska's 17-year-old Teresa Scanlan was named Miss America on Saturday becoming the youngest winner ever in the pageant's history after a night of being judged for poise, talent, fitness and knowledge.
Zsa Zsa Gabor smiling after surgery, husband says
Zsa Zsa Gabor smiled and ate ice cream on Saturday, a day after doctors amputated much of the actress' leg to fight a gangrene infection that could have killer her, her husband said.
Real Madrid would welcome back Van Nistelrooy
Real Madrid would welcome former striker Ruud van Nistelrooy back at the club, coach Jose Mourinho said on Saturday.
Actress Susannah York dies aged 72
British actress Susannah York, one of the most memorable film faces of the 1960s, has died from cancer aged 72, British media reported late on Saturday.
EU, Turkmenistan edge closer on gas supplies
Turkmenistan and the European Union will explore ways to deliver natural gas from the world's fourth-largest reserves across the Caspian Sea, political leaders said on Saturday, stopping short of inking supply deals.
BP's US spill experience a plus: Russia
A Russian minister said BP's experience in cleaning up the catastrophic Gulf of Mexico oil spill was one of the reasons Russia chose the British oil firm to help develop its fragile Arctic shelf oil fields.
Armstrong not losing sleep over doping claims
Lance Armstrong is not losing any sleep over a US federal investigation into allegations of doping in his team, the seven-times Tour de France champion said on Saturday ahead of his final international race.
