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Most UK business firms expect the financial services sector in UK to grow at a decent pace in the coming quarter, according to a survey conducted by the Confederation of British Industry. The CBI conducted its survey on 80 companies between February 17 and March 3 and released its data on Monday. The survey showed that the activity in the financial services sector was reported stable in the last quarter ended March this year.

Hunger, which is considered as primary reason for survival, is also the reason for gaining weight. It is believed that the researchers have found a new herbal supplement that can reduce the craving by one-fifth and can also hinder the need for the sumptuous meals.

Zotrim- herb made of plant extracts including Yerba Mate, Guarana and Damiana, can cut the calorie ingestion by around 17.6 per cent over mealtime.

In the study performed on 58 healthy to slightly obese female individuals, they were given a dosage of Zotrim and then asked to stuff their tummies with the maximum amount of food.

The centre government has asked the state government in Orissa to continue the perks it offers to attract investment in the food processing sector in the state.

The state government is offering free land, electricity along with other incentives for attractive incentives in the field. The food processing units can be set up in villages and can reduce the migration of people from rural areas.

The long-awaited process of merger of India's largest lender, State Bank of India (SBI) with State Bank of Indore, has started again. This information was revealed on Monday.

The bank said that it would be issuing 1.16 lakh shares to the minority shareholders of State Bank of Indore. The face value of each share will be Rs. 10.

As of now, the swap ratio has been decided. SBI has agreed to pay the minority shareholders 34 shares of itself for every 100 shares of the subsidiary bank.

Credit Suisse Group has announced don Monday that it has received in principle clearances from the Reserve Bank of India for setting up branches in India.

The approval shows that RBI is loosening up and appears ready to allow foreign banks to enter the country. The RBI has been slow in granting access to foreign lenders to operate in the country.

A report released by the central bank last week noted that the banking system in the country has off-balance sheet exposure concentrated on a few foreign banks and that is a cause of worry.

Indian Business Process Outsourcing (BPO) or simply called the Outsourcing sector has a bright future ahead. That is what the figures given by consulting firm, Gartner suggest. It said that the BPO market is expected to grow by 19 per cent throughout 2103.

This means that the BPO sector would become $1.2 billion by 2011 and $1.8 billion by 2013.