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Brazil to be world's sixth largest economy in 2011 [11/01/2011]
'India's overall deficit in FY12 likely to be at 8.6% of GDP' [10/31/2011]
'Need to allow life insurers to invest in non-AAA rated bonds' [10/31/2011]
Food Bill: Govt may raise general quota if output improves [10/31/2011]

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RIM?s new song sharing music service

Bank of America will sell Berkshire 50,000 shares of cumulative perpetual preferred stock with a 6 per cent annual dividend, it said in a statement on Thursday. Bank of America can buy back the investment at any time by paying Buffett a 5 per cent premium. Buffett called Bank of America Chief Executive Brian Moynihan this week and offered to make the investment, a Bank of America spokesman said, adding that the deal was negotiated and consummated in a couple of days. [More]
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