Finance and Business Blog

SBI gets Chinese nod to lend in yuanNDTV.comPTI, March 11, 2010 (Beijing/Mumbai) The State Bank has got the permission from the Chinese authorities to lend in the local currency, the yuan- becoming the first Indian bank to get such permission from the Communist country. …Banks sanction nearly Rs 45000cr in teaser home loansMoneycontrol.comBanks will have [...]

The Hindu

Sensex extends flat trade on third dayNDTV.comDefying the US market gains and tracking flat Asian trade, the key equity benchmark was caught in range-bound trade- pattern on Thursday. The 30-share Sensex was hovering around 17100, near to its Wednesday close. The National Stock Exchange's Nifty …Late rally helps Sensex end 113 points upSifyBSE Sensex [...]

Telegraph.co.uk

Number of Chinese billionaires doubles in last yearBBC NewsDespite the global economy hitting rock bottom in 2009 , the number of billionaires in China has doubled to 64 in the last year. This is according to Forbes magazine, which has just published its annual list of the world's richest people, …Forbes' World Billionaires: Did you [...]