Australian Business Confidence falls in April – NAB

Australian Business Confidence falls in April – NABAccording to a survey by National Australia Bank, business confidence in Australia fell in the month of April. This was reported he second consecutive month when business confidence was reported down. NAB said that the decline in business confidence was mainly attributable to the weaker retail sales and rising interest rates.

Housefull makes Rs. 52 crore at end of first week

HousefulAs confirmed by the co-producer of movie, Housefull, it has managed to earn Rs. 52 crore at the end of its first week.

And as the industry people say, it is going to be the biggest opening for Akshay Kumar as well as Deepika Padukone, in terms of first week collection.

Housefull has crossed the earnings of Kambakkth Ishq and Om Shanti Om in terms of collection for the first week. For Akshay, the earlier movies were Welcome and Singh is King. They both crossed the Rs. 70 crore mark each.

BOQ finds new CFO in Ewan Cameron

BOQ finds new CFO in Ewan CameronBank of Queensland Ltd. has appointed Mr. Ewan Cameron, currently working as chief operating officer and acting chief executive officer at Saudi Home Loans, as its new chief financial officer.

Mr. Cameron will replace Mr. Ram Kangatharan who became the chief operating officer in BOQ in March.

Bank of Queensland said in a statement issued to ASX that the appointment of Mr. Cameron as chief financial officer will be effective from July this year. BOQ said that Mr. Cameron will work with the Bank's management and board to ensure efficient operations and drive growth.

Kotak Mahindra Bank posts Rs.418.55 crore profit

Kotak-Mahindra-BankIncrease in net income earnings and also in the non-interest incomes pushed up the net profit of Kotak Mahindra Bank.

The fourth quarter results which were announced on Tuesday showed that the net profit of the bank has reached Rs. 418.55 crore. This boils down to Rs. 11.90 per share. This is higher than Rs. 210.66 crore or Rs. 6.09 per share that was seen in the same period last year.

This means that the net profit and earnings per share grew up by 99 per cent and 95 per cent respectively.

Humans will be able to measure their pain soon

Humans will be able to measure their pain soonScientists have injected the acetic acid and mustard oil to the mice to measure the facial expression and it was successful to collect some research related information.

The research was held for the first time by the scientists in order to catch the scale of pain of the mice depending on facial expression. This research was named "mouse grimace scale" or "MGS".

Trade between India and Singapore to reach $35 billion

Anand-SharmaOn Tuesday, the Minister for Commerce, Anand Sharma said that within next five years, the total trade between India and Singapore will become $35 billion.

During the joint press conference organized by India and Singapore, he said, "India and Singapore have agreed to work towards doubling bilateral trade from $16 billion to $32 billion by 2015."

He was supported by his Singaporean counterpart Lim Hng Kiang.

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