Business
RBI chief briefs fin min on inflation
NEW DELHI (Reuters) - The Reserve Bank of India Governor Duvvuri Subbarao on Saturday briefed the country's finance minister (FM) on the current inflationary situation but gave no details of the meeting.
Asians more likely to buy gold in next 6 months
NEW YORK (Reuters) - Asian investors are more likely to buy gold in the next six months than their North American and European counterparts, a global survey found.
U.S., India formally sign nuclear reprocessing pact
WASHINGTON (Reuters) - The United States and India on Friday formally signed an agreement on reprocessing spent nuclear fuel that U.S. officials hope will allow American firms a share of India's $150 billion nuclear energy market.
BP may sell German gas stations for $2.6 bln - report
VIENNA (Reuters) - BP Plc is seeking to sell its German petrol station chain Aral for around 2 billion euros ($2.6 billion), German magazine Wirtschaftswoche reported on Saturday, citing investment bankers familiar with BP's plans.
ICICI Q1 net meets f'cast; sees FY11 credit up 15 pct
MUMBAI (Reuters) - India's ICICI Bank met expectations with a 17 percent rise in quarterly net profit, and forecast 15 percent credit growth in the year to March 2011 as loan demand from corporate and mortgage borrowers remain strong.
UAE's ADCB posts Q2 loss, Dubai World exposure weighs
ABU DHABI (Reuters) - Abu Dhabi Commercial Bank said on Saturday it had 6.6 billion dirhams ($1.8 billion) worth of exposure to indebted state conglomerate Dubai World and posted a second-quarter loss.
Credit demand seen up 15 pct in FY11: ICICI Bank CEO
MUMBAI (Reuters) - ICICI Bank, India's second-largest lender, expects credit demand to grow by 15 percent in the year to March 2011, Chief Executive Chanda Kochhar said on Saturday.
Wall St Week Ahead: Jobs data, earnings latest test for stocks
NEW YORK (Reuters) - U.S. stocks are unlikely to break above a key technical level next week unless monthly jobs data and consumer company results paint a more promising picture of the recovery.
W.House: Europe crisis 'stunted' U.S., world growth
WASHINGTON (Reuters) - The White House blamed the second quarter slowdown in U.S. economic growth reported on Friday on "headwinds," including the debt crisis in Europe.
Reliance, Universal near deal on India park - FT
SINGAPORE (Reuters) - Indian billionaire Anil Ambani's entertainment group is close to signing an agreement with Universal Studios to build a $1.5 billion film-themed amusement park, the Financial Times reported on Saturday, citing people familiar with the talks.
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- RBI chief briefs fin min on inflation
- Asians more likely to buy gold in next 6 months
- U.S., India formally sign nuclear reprocessing pact
- BP may sell German gas stations for $2.6 bln - report
- ICICI Q1 net meets f'cast; sees FY11 credit up 15 pct
- UAE's ADCB posts Q2 loss, Dubai World exposure weighs
- Credit demand seen up 15 pct in FY11: ICICI Bank CEO
- Wall St Week Ahead: Jobs data, earnings latest test for stocks
- W.House: Europe crisis 'stunted' U.S., world growth
- Reliance, Universal near deal on India park - FT
India Indices
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