Fruit prices continued to trend uncomfortably upwards during the third week of April, according to the wholesale price data released by the government. While overall primary article (food and fuel) prices remained higher by around 12% compared to a year ago, fruit prices were up nearly 33%. Primary article price rise has remained in the […]
All the major enterprise software vendors increased their revenues in 2010, but Oracle grew substantially faster than others like IBM, Microsoft and SAP, according to Gartner. The overall enterprise market itself grew by $20 billion — a healthy 8.5% — to hit $245 billion, thanks in part the $6 billion jump in Microsoft’s revenue in […]
Coming down heavily on the Income Tax Department for not being fast and on time for submitting the papers related to the investigation into the 2G scam in the Apex Court, it said no matter how big and wealthy the accused are no body should be spared. “The IT department must be quicker. This is […]
Reacting strongly to the Indian Army Chief Gen VK Singh’s comment that India is “competent” to carry out the Abootabad kind of operation as America did, Pakistan Foreign Secretary, Salman Bashir said that if any country in South Asia tries to indulge into unilaterlism it will face severe consequences. Without naming India but hinting clearly […]
Sectarian violence continues to claim innocent lives in the Sunni dominated Pakistan. News reports emanating from the South western city of Quetta in Pakistan say that the Shia minority suffered a casualty in a blast in the city. There are conflicting reports about how the killing took place- one say that a gun man started […]
Members of Indian Parliament (MPs) can now spend Rs 10 lakhs a year from their discretionary development fund to donate tri-cycles and artificial limbs for differently abled persons, breaking from the earlier ‘social facilities only’ stipulation of the scheme. This is the first amendment which allows MPs to directly spend MPLAD funds on individuals. Under […]
Partisan politics has come to haunt the Paliamentary Committee set up to probe the 2G spectrum scam. Congress today demanded the removal of Yashwant Sinha, former finance minister and BJP leader, on the grounds that he has a ‘prejudiced mind.’ Congress alleged that Sinha has decided the issues even before a single sitting of the […]
Outsourcing industry is facing tremendous pricing pressure, going by the findings of Everest Group’s quarterly outsourcing and offshoring report. According to it, the total amount of work under BPO deals that were renewed or renegotiated increased 14% in the three months from December to March, but the total value of these contracts fell by 17%. […]
According to a US monitoring group the Al-Qaeda has confirmed the death of its leader Osama Bin Laden in a statement posted on jihadist website. According to some news agency the Al Qaeda has vowed to take revenge for the killing of his leader and said that his blood won’t be “wasted. Osama was killed […]
Many may be happy to hear about the death of Osama bin Laden, but few would be happier than Internet criminals and scamsters, according to Internet security companies. Not only have they infected the website of Abottabad-based techie Sohaib Athar (which was widely linked by news media,) but they are also entrapping many users with […]
India may be advancing on all fronts, but when it comes to choosing a partner for their sons and daughters, even the mothers belonging to India’s urban middle class have extremely traditional views. A survey of 25,000 mothers of would be brides and grooms registered on Shaadi.com found that 67% of them felt that their […]
Worst was being feared and worst has come true. Five days after the helicopter in which Arunachal Pradesh’s Chief Minister, Dorjee Khandu, went missing the debris of the chopper has been located at Lobothang, 4900 metres above sea level. “We have some information that is not encouraging…it is not good news,” said Home Minister P […]
The Congress Party put the blame for the Noida farmers uprising squarely on the UP state government led by Mayawati. Speaking to reporters in the capital, spokesperson Manish Tewari dismissed the suggestion that the delay by the Central government in passing the Land Acquisition Act has contributed to aggravating the plight of the protesting farmers […]
After promising to do so for months, World number 3 PC brand Acer has launched three tablets — 10.1 inch, 7 inch and 4.8 inch. The tablets will have full multi-touch displays and will be based on NVIDIA Tegra 2 dual core 1.0 GHz processor. All three will support SIM cards — making them suitable […]
The Telecom Ministry and the Telecom Regulator have crossed swords over the role of state-owned Bharat Sanchar Nigam (BSNL) in the Rs 60,000 crore ($14 billion) National Broadband Plan. While the Ministry wants BSNL to implement the scheme, the Telecom Regulatory Authority of India (TRAI) has warned that such a decision may amount to indirect […]
Soon after the Adarsh land scam in which defence land was hand over to a housing society by officials who also flats in the building, Defence minister AK Antony has announced a massive audit exercise to check defence land utilization. The Defence forces, under the Director-General of Defence Estates (DGDE), has nearly 17 lakh acres […]
India has come out with details of a suspected ISI officer named Major Iqbal who is reported to have been named by the US government in its second charge-sheet on the Mumbai terror attacks in a Chicago Court. In an extra-ordinary step, the home ministry (under the leadership of P Chidambaram) issued a statement giving […]
India’s electronic chip market — an indicator of overall electronics consumption — grew by a whopping 28% in 2010 — according to research conducted by the Indian Semiconductor Association and Frost & Sullivan. The consumption of electronic chips — almost none of which is produced in India — rose from $5.1 billion in 2009 to […]
Spurred by intense competition, India’s DTH or direct-to-home market grew by a whopping 22.4% in just the last three months of 2010, numbers from the Telecom Regulatory Authority of India have revealed. The growth is the fastest rate of growth for the industry in several quarters and seems to indicate that the DTH industry — […]
The Prime Minister’s Trade and Economic Relations Committee has stepped in after complaints by the Indian pharma industry over India’s planned trade agreement with the European Union. The commerce ministry led by Anand Sharma has been negotiating a trade agreement — aimed at reducing import duties and facilitating better access for companies on both sides […]
