Banks to pass on rate hikes; see pressure on assets
Lenders will look to pass on Tuesday's interest rate increase to customers sooner than later to maintain profitability, even though at the cost of lending growth, which is seen slowing down.
The Rese
Harry set to be a comic hero
Britain’s Prince Harry can add comic book character to his list of accolades as a new comic-based on his life is set to be released in August, publisher Bluewater Productions said. The Royals: Prince Harry is the latest release from Bluewater’s “Royals series” that was launched at the same time as Prince William’s royal
U.S. debt crisis moves to Senate, still deadlocked
Democrats offered a concession on Friday seeking to forge a last-ditch compromise with Republicans to avoid a crippling U.S. default, but a bitter divide remained before Tuesday's deadline to raise th
Funding squeeze pushes India Inc into PE's arms
Private equity investment in India is accelerating, as rising borrowing costs and dormant public markets in Asia's third-largest economy push companies to cut deals with buyout firms in return for muc
Wolverine healing ability tops most impressive superpower
Of all the powers of all the superheros in all the world, film fans think the most impressive is the quick healing ability of Wolverine, according to a poll.
Food prices to pinch Indians during festive season
Consumers are likely to feel the pinch of rising food prices in the upcoming festive season, as erratic rainfall in growing areas and thin stocks coupled with high demand could push up prices further.
No sexy girls please, China tells online game fair
Hemlines are a little longer at this year's annual online gaming fair in Shanghai, as companies take to heart a government directive against "vulgarity," a Chinese newspaper reported on Friday.
The C
ICICI Bank net up 30 per cent, slightly below estimates
ICICI Bank, India's second-largest lender, posted a 30 per cent rise in quarterly profit, slightly below estimates, as strong credit growth and lower provisions for bad loans were offset by higher exp
Turkey set to be dropped from 2012 F1 calendar
Turkey looks set to be dropped from next year's Formula One calendar after teams said a sad farewell to the poorly-attended grand prix despite its fate not yet being officially sealed.
The Istanbul e
ADB prods emerging Asia to take inflation threat seriously
Emerging Asia needs to adapt to a 'new reality' of persistently high commodity prices and cannot let up on fighting inflation despite weak growth in advanced economies, the Asian Development Bank said