Etihad moves

New Delhi, Dec. 12: Top Etihad Airways officials are planning to come to India this week amid growing speculation on which carrier the Abu Dhabi-based airline will pick up a stake in, as both Jet Airways and Kingfisher Airlines seem to be on its radar.

Walmart

New Delhi, Dec. 12: Bharti Walmart, the Indian arm of the US retail giant Walmart, today said the allegation that routine US lobbying disclosures reflected improper conduct on its part in India were false.

Fed rate

Washington, Dec. 12: The US Federal Reserve on Wednesday said it would keep interest rates near zero until the jobless rate fell to 6.5 per cent, well below its current level, and it promised to pump more money into the economy.

Bank credit

Mumbai, Dec. 12: Bank credit to the commercial sector grew 7.34 per cent to Rs 53.23 lakh crore in eight months ended November 30, according to the Reserve Bank of India data.