Export growth to the European Union dipped sharply in the financial year ended March 2012, even as imports continued grow fast, according to data for the financial year. Interestingly, the biggest buyer of Indian goods in Europe last year was not the United Kingdom or Germany, but the relatively small Netherlands. Out of a total […]
The Indian government has ordered a massive culling and containment operation to prevent a bird flu epidemic at a farm in its Eastern state of Tripura from spreading. The health department of the government said bird samples from the State Poultry Farm, Gandhigram, Agartala have tested positive for the H5 virus, commonly known as the […]
Worldwide enterprise IT spending is forecast to total $2.679 trillion in 2013, a 2.5 percent increase of projected 2012 spending, according to Gartner, Inc. Banking, communications, media and services (CMS) and manufacturing are expected to offer the largest volume of growth opportunities through 2016. However, given the overall economic uncertainty, the projection may have to […]
Idea, which was one of the four telecom operators to take advantage of the recent 2G spectrum auction to augment its holdings, said it would not have bought spectrum at such prices if it had not already sunk some money in. It said that it decided to shell out the high price for spectrum only […]
After delaying the move by five months on operator requests, the government of India has moved to cut down mobile tower radiation by 90%. According to a statement given in the Parliament, the government issued an order with effect from September that reduced the maximum power permitted for cellphone towers in the country by 90%. […]
Prashant Bhushan, noted lawyer and close associate of anti-corruption activist Arvind Kejriwal, today said the government had mistakenly appointed a person like Vinod Rai as the Comptroller & Auditor General (CAG) of India, and would not make such a mistake next time. Bhushan, who was answering questions about the new political party from Bangaloreans on […]
Even as the rest of IT spending remains more or less flat, cloud computing continues to maintain its scorching pace of growth, according to the latest numbers from Gartner. Revenue from platform as a service (PaaS) — where companies offer cloud platforms for others to develop and deploy their cloud applications — is set to […]
Gartner has cut by a third its forecast for the growth of PC industry this year due to competition from tablets. The growing popularity of devices like the iPad, which saw its second iteration on Tuesday, will bring down growth of the PC industry from 15.9% to 10.5% in 2011, the agency said. The impact […]
A strong performance in consumer laptops helped HP resist the onslaught of Acer and Lenovo in the third quarter and prevent a big erosion in its market share, according to the latest quarterly PC numbers from IDC. Lenovo and Acer have benefited from the Tamil Nadu government’s massive program to distribute free laptops to students. […]
In a recent survey undertaken by the According to the Associated Chamber of Commerce and Industry of India has found that the demand of fancy lights, lampshades, Ganesha and Laxmi idols, rangolis to crackers and other such various items are increased by over 45% than the last year. The market is surging with Chinese products […]
The PC model refresh continues apace, this time in the form of all-in-one (AIO) PCs from Taiwanese brand Asus. It has launched four all-in-one PCs, starting at a price of Rs 30,000 and going all the way up to Rs 66,000, with displays ranging from 20 inches to 23.6 inches. Two of the models, which […]
In the gunfight between companies like Micromax, iBall and Karbonn, Chinese major Huawei has walked in with a Bazooka – a full-HD-plus, LTE enabled 10-inch tablet that is more than 12% lighter than iPad 4. Next to the iPad 4, the Huawei MediaPad 10 FHD will be the tablet with the greatest specifications in the […]
Pump operators are seeking a cut in diesel taxes in Delhi to entice users to fill up, after being hit by a slow down due to cheaper rates in neighbouring Haryana. While Haryana has a value added tax of 9%, it is 12% in Delhi, leading to motorists filling up in suburbs like Gurgaon, instead […]
Evernote, the company behind one of the most successful mobile applications, has tied up with the maker of Tencent ONE Browser for Android, setting its eyes on the Indian and Asian market. Evernote allows users to remember all aspects of their lives by creating notes, snapping images, recording audio, saving files and having everything synchronize […]
BSP leader Mayawati refused to clarify her stand on foreign direct investment (FDI) in retail, speaking after the Lok Sabha was adjourned on the first day of the winter session. “We will clarify our stand on FDI only in the Parliament,” Mayawati said, speaking outside the Parliament immediately after the Lok Sabha was adjourned till […]
It’s not exactly the hottest battleground in the war between graphics giants Nvidia and AMD-ATI, but it looks like Nvidia, which already had a nice lead, has pulled far ahead of ATI in the Linux market. The Linux operating system, including variants such as Ubuntu and Android, is rapidly rising in popularity. However, most commercial […]
The chief information commissioner (CIC), India’s top body for administering the Right to Information (RTI) Act heard arguments from the NGO Association for Democratic Reforms (ADR) for making income tax returns of members of parliament public. The arguments were in an appeal filed by the NGO after its requests for getting the income tax returns […]
During the financial year (FY) 2012, while the asset-backed securitization (ABS) issues have increased by 58% to 178 transaction from 113 (FY11), while the residential mortgage-backed securitization (RMBS) registered marginal increase to 22 transaction from 14 (FY11) only, according to a joint study by ICRA and ASSOCHAM. ABS is an investment option. An ABS gets […]
The Supreme Court’s judgment on the appointment of the Chief Vigilance Commissioner PJ Thomas gives clear details about how the Congress government, both at the Centre and in Kerala, tried to quash the criminal proceedings against PJ Thomas. The Judgment, which scrutinizes the role of the Department of Personnel and Training of the Central government, […]
In a major coup, Infosys said it has got the contract for government of India’s e-filing service, MCA21. The project was earlier being handled by Tata Consultancy Services or TCS. “Infosys will revamp the existing application, after the transition from the incumbent vendor and manage the overall transformation to MCA21 v2.The company will provide services, […]
