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Bogey-man awaking
Global inflation: Global inflation is set to present policymakers with a cruel dilemma. After falling early in 2009, prices in many countries have resumed rising. The 1.8 per cent November rise in the US producer price index (PPI) is only the latest example of this. The need to squash rising inflation could soon force central banks to risk sacrificing growth.

Muslim MLAs demand Amar Singh's expulsion
A group of Muslim MLAs of the Samajwadi Party today demanded expulsion of senior leader Amar Singh from the party, accusing him of damaging the interests of the organisation.

News of the day

RIL plans to sell Rs 4,250 cr of treasury stock
Reliance Industries (RIL), India’s largest private sector company by market capitalisation, plans to offload a part of its treasury stock, held through the Petroleum Trust, which is controlled by the promoters.
Business Ideas

US markets end flat; ADRs in green

US markets ended flat for the third straight day. The Dow Jones slipped 12 points to 10,572. The Nasdaq ended flat at 2,309. - VC investments in cleantech firms dip 13% in 2009 - "Stimulus withdrawal will drive up car prices" - Stocks, metals decline as China curbs lending - Indonesia pips India to lead consumer confidence index - US markets end flat; ADRs mixed - US markets end flat; Indian ADRs surge Indian ADRs were in the green. MTNL soared 11% to $3.65. Tata Communications surged 6% to $15.8. Satyam shares jumped 5% to $5.03. Wipro added 3% to $23.28. Sterlite was up 2.2% to $19.7. Genpact, ICICI Bank and Dr Reddy"s moved up around 1% each.


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