Bankers express concerns over liquidity

rbiThere certainly seems to be a big hurdle in the growth story of India, with things just not going right at the moment. On one hand there are inflation worries haunting the Finance minister, while on the other hand the liquidity crisis is also worrying. Apart from all these, the constant pressures of sustaining the economic growth also hover.

The bankers in India for now are worried because of the lack in pace of the deposit growth, and are pretty concerned over the steep rate increase on credit growth.

BCC warns that rising rates will hurt recovery

British-Chambers-of-CommerceBritish Chambers of Commerce (BCC) has warned that if the interest rates are increased now then the recovery process which has just started will stop totally. BCC was speaking as the voice of the industry since it is the biggest association of businesses in Britain.

It also said that while public sector cuts are a bigger concern than inflation, it surely cannot be neglected. David Kern, BCC chief economist of BCC said that recovery process is still facing a threat in 2011 and keeping in mind this fact, it would be killing to raise rates.

‘Facebook isn't closing down’

Mark-ZuckerbergWeekly World News, tabloid news became instant hit in the past weekend with news story associated with Facebook to shut down on March 15.

The main aim to close down was pretty immaturely claimed - Mark Zuckerberg, CEO of Facebook was claimed for he "wanted his life back" and desired "to put end to all the madness" as stated in case of press conference outside social network's Palo Alto office.

The Tabloid has been known for publishing fake news stories and publishing obscure stuff who have reasoned on ever growing social network - Facebook.

Sainsbury's market share goes up in 12 weeks

j-sainsburySupermarket chain of UK, J Sainsbury PLC has seen its market share rise in the past 12 weeks for the time period ending December 26. The data was revealed by Kantar Worldpanel.

Past has also shown that during the festive season especially during Christmas, the retailer sees a surge in its sales and this time of the year was no different. The no. 3 in the market saw its share rise by 16.6 per cent for 12-week period as against a rise of 16.3 per cent that was seen during last year.

'World Of Warcraft: Cataclysm' sells off 4.7m units in First Month

World-Of-Warcraft-CataclysmActivision Blizzard today pronounced that "World of Warcraft: Cataclysm" has released nearly 4.7 million copies in December, its first month.

According to CEO and cofounder of Blizzard Entertainment, Mike Morhaime, in a account, they have produced many of fresh quests, initiated latest lands to discover, and at length refurbished the game planet for 'World of Warcraft: Cataclysm,' crafting it their largest and much determined development up till now.

Indian Stock Market Outlook Fundamental Picks by FairWealth Securities

stock-market-indiaInvestors with a horizon of 6-12 months can consider following scrips for their investment. These companies have potential to give higher returns than index over a long term.

TATA Steel has achieved its target of 708

Hindustan Unilever will soon launch bread spread with high levels of nutritional fats as part of its plan to strengthen its jinxed food portfolio this year with a slew of new products.

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