Bankers express concerns over liquidity to RBI
Bankers, worried over the lukewarm pace of deposit growth, have expressed concerns over the effect of sharp rate increases on credit growth at a meeting with the Reserve Bank on Tuesday.
Stocks in news: Tata Comm, Talwalkar, ITNL, Tata Steel
Jyothy Labs | Allahabad Bank | Tata Communications | Shoppers Stop | Apollo Tyres | Talwalkar Fitness | IL&FS Network | Ramky Infra | Zee Entertainment | Valecha Engg | Prajay Engg | Pfizer and Tata Steel are stocks, which are in the news today.
Ganeshaspeaks: Market prediction for Jan 12
The predictions that you see every day on the website are written one week in advance. Ganesha advises you to take benefits from them.
Young people crave self-esteem above sex: Study
Young people crave boosts to their self-esteem more than sex and money, according to a new study.
MySpace slashes nearly 50% of staff
News Corporation's MySpace is slashing its staff by nearly half, as the former Internet social networking leader recalibrates its operations as an entertainment website.
More floods push coal price to one year high
Fresh flooding in top global exporter Australia has added a further USD 10 to coal prices, driving thermal coal to a year high.
Pakistan president names aide to succeed governor
Pakistani President Asif Ali Zardari appointed close aide Latif Khosa on Tuesday to succeed the murdered governor of the biggest province of Punjab as his government recovers from a week-long political crisis.
Bank of Montreal buys Hong Kong's Lloyd George
Bank of Montreal is buying Hong Kong-based wealth management firm Lloyd George Management to bulk up its presence in China's fast-growing financial sector.
Playboy gets a $180 mn loan in bid to go private: LPC
Jefferies is leading a USD 180 million term loan backing a bid by founder Hugh Hefner to take Playboy Enterprises Inc private, banking sources told Thomson Reuters LPC on Tuesday.
Orissa favours ban on iron ore exports
India's top iron ore producer Orissa is considering proposing a ban on exports of the key raw material for steel, state government officials said on Tuesday.
BPCL buys Nigerian crude from Morgan Stanley
India's Bharat Petroleum Corp (BPCL) has bought 1 million barrels of Nigerian Qua Iboe crude oil from Morgan Stanley in a tender, a trading source said on Tuesday.
Steven Tyler says Aerosmith not dead, plans new album
Veteran rocker Steven Tyler on Tuesday denied that his new role as a judge on 'American Idol" meant the death of his band Aerosmith, and said he wanted to start work on a much-delayed new album later this month.
US car czar: industry faces massive change by 2023
The American auto industry will change more in the next dozen years than it has during the past 50, said the US Treasury official charged with overseeing the government's investment in the auto industry.
Portugal debt cost seen up, but no bailout trigger
Portugal is likely to pay record high premiums to place its debt on Wednesday, but recent bond buying by the European Central Bank should avert a dramatic rise in yields to levels that could make the country seek a bailout.
Global sponsorship spending to rise 5.2% in 2011
Global spending on sponsorships of sports and other activities is projected to rise 5.2% this year after a stronger-than-expected increase in 2010, according to a research firm that tracks such spending.
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.
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.
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.
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.
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.
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.
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.
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.
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.
