INDIA

Trade Minister Anand Sharma in New Delhi December 14, 2009. Sharma said on Tuesday a dispute over restrictions on the import of Chinese telecoms equipment will not hurt commercial ties between the world's two fastest-growing economies.

Anand Sharma signals opposition to RBI rate hike

Trade Minister Anand Sharma said on Tuesday monetary policy may not be the right tool to fight high food inflation, in a strong political signal against a rate hike in next week's Reserve Bank policy review.

Mid-cap banks Q3 seen strong but outlook worrisome

Mid-cap banks are likely to report another strong quarter of healthy profits in Oct-Dec on robust credit growth, but stressed liquidity in a rising interest rate environment could obstruct growth going forward.
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Iran's South Pars funding troubles grow as ONGC signals crunch

Iran has long struggled to secure funding to develop its oil and gas resources as several western oil giants have pulled out of the country following the tightening of international sanctions. The troubles are only worsening, with even Asian oil companies finding it difficult to raise funds for its South Pars development.

US Productivity Growth To Slow in 2011

The United States productivity growth will slow substantially in 2011 and could even fall below the rate in the euro area, The Conference Board reported on Monday.

FITCH: Stable outlook for Indian oil and gas sector in 2011

Fitch Ratings said, in a just published report, that the outlook for India's oil and gas industry is stable for 2011. This is based on the agency's expectation that ties between the government and its majority-owned oil companies will not weaken
RBI Governor Subbarao attends a meeting with bankers in Mumbai

RBI head says facing surging inflation

The Reserve Bank of India (RBI) chief said on Monday the country is facing surging inflation and it needs to calibrate monetary policy in order to manage inflation and also support growth.

Auto parts firms on course to robust Q3 profits

Top Indian auto parts makers are likely to report a healthy increase in Oct-Dec net profits riding surging sales to the booming domestic market and cuts that offset a rise in input costs, analysts said.

Astrologers strike back: New zodiac sign Ophiuchus is an old hoax

Astronomer Parke Kunkle's debunking of astrology and the viral wave of theories and anti-theories about the 13th zodiac sign Ophiuchus confounded the followers of astrology the world over, but also dealt a lethal blow to astrologers who withdrew to their shell groping for answers. But now astrologers are striking back.
7.  Anil Ambani

SEBI bars Anil Ambani from stock investing

The Securities and Exchange Board of India (SEBI) on Friday said billionaire Anil Ambani cannot invest in publicly-listed securities until the end of this year, and barred two of his companies from such investments until the end of 2012.

Blackberry Storm 3 pictures leaked

Details of yet another upcoming BlackBerry handset was acquired by Jonathan Geller, blogger with BoyGeniusReport. BlackBerry Apollo is the next generation Curve handset that will come with decent specifications for those who wish to enjoy the new BlackBerry OS 6.1 running on it.

Gold bounces higher as euro loses strength

Bullion rebounded on Friday as the euro lost strength despite better-than-forecast debt auctions by Spain and Italy, while purchases from jewellers and investors, which sent premiums for gold bars to two-year highs, offered additional support.

Google Wishes Indian Festival Pongal with New Doodle

Internet search giant Google Inc. has joined India's celebration of Pongal or Makar Sankranti festival with new Doodle, which has painted kites and flying balloons on its homepage. Makar Sankranti is a major harvest festival celebrated in various parts of India.

Starbucks signs pact to enter India

Starbucks Corp unveiled a deal that sets the stage for the world's largest coffee company to bring its iconic cafes to India, where Western-style coffee shops are increasingly popular.

India Apr-Dec commodity derivatives trade up 50 pct

Turnover at Indian commodity bourses rose 50 percent to 82.70 trillion rupees ($1.83 trillion) in the first three quaters to December on surging volumes on bullion and metal counters, data from the regulator showed.

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