India is likely to miss its export target this year, according to the latest numbers released by the government. At the same time, India’s goods-trade deficit is likely to be 50% over its target of $120 billion. According to the latest numbers, exports in February were US $24.6 billion, up just 4.3%. With one month […]
The Communist Party of India (Marxist) or CPIM has alleged that the Congress bribed its legislator, R Selvaraj to get him to resign as a member of the state legislature and protect the Congress led government in Kerala. The allegations have been leveled in the context of the upcoming Piravom by-poll on Saturday. The poll […]
Union commerce and industry minister Anand Sharma has said that the government has decided to withdraw the ban on the export of cotton from India “keeping in view” various interests. He said the ban, imported just days ago, has been withdrawn after consultations. “The matter of cotton exports has been discussed. The group of ministers […]
Hiring activity in India hit a record high in February, according to the latest readings of the Naukri.com Job Speak index. The Index hit a record level of 1209 — indicating that hiring levels were about 20% higher than in July 2008, which forms the base month for the index. It had previously hit a […]
A special report by an expert group appointed by the Government of India has asked for more caution in dealing with electromagnetic communication devices such as cell-phones. While the eight-member committee did not blame cell phones for causing cancer, it pointed to some other studies as cause for concern. “The committee notes that most of […]
Even as global revenues from server computers, used for heavy work by companies, slipped 5.4% in the final quarter of 2011, they were up 2.4% in the Asia Pacific, led by strong sales in China. Similarly, while number of servers shipped in the quarter increased only 4.5% globally, they were up 15.7%, technology market research […]
Wipro Technologies, the number four IT Indian IT services firm, said it has been granted a US ‘business process’ patent for innovation in warranty management and insights into product quality in the automotive manufacturing sector. Wipro’s product helps manufacturers to gain insights on product design and resolve problems by analyzing data such as the number […]
Government is exploring making the biometric UID (Aadhar) mandatory for carrying out stock-market transactions, according to junior Finance Minister Namo Narain Meena. The Unique Identification Authority of India (UIDAI), headed by former Infosys CEO Nandan Nilekani, has suggested constituting a joint working group of Securities and Exchange Board of India (SEBI) and the Authority to […]
People for the Ethical Treatment of Animals (PETA), which routinely grabs headlines in the West with ads showing provocatively dressed (or undressed) actors or activists, is all set to bring its campaign to India. Activists from the organization, known for its provocative campaigns against animal cruelty, will hold up banners outside the Byculla Zoo at […]
The early seat trends — with BJP overtaking Congress by 2:1 — seem to indicate that the Congress Party’s strategy of trying to play to the Muslim population has misfired. While the Congress was widely expected to come third in the Uttar Pradesh Assembly elections, going by the early trends, it is turning up as […]
Intel has launched its challenger to the tablet phenomenon — the Ultrabooks — with a ‘flashmob’ campaign in Los Angeles, and said the models have already hit shop-shelves. It plans to launch or design 75 models this year from the likes of Acer, Asus, Dell, HP, Lenovo, LG, Samsung and Toshiba. At about 1.1 kg, […]
Vodafone India said it has “noted” the government of India’s petition urging the Supreme Court to review its decision on the company’s tax liability in India at the time of its entry. The Supreme Court had, on 20 January, ruled that since Vodafone bought the Indian unit from a foreign company in a foreign country, […]
Days after the new food minister KV Thomas took charge and hinted at large scale changes in agricultural marketing, the government said it has sent a new model agricultural marketing law that allows private partnership with farmers. Thomas had, two weeks ago, said he was in favor of large scale reforms in the current agricultural […]
Acer has said it is now updating its Iconia tablets to the latest version of Android 4.0 (Ice Cream Sandwich). The Iconia Tab A200 in the United States will be the first to get the over-the-air updates, followed by the Iconia Tab A100 7-inch tablet and Acer Iconia Tab A500 10-inch tablet in April, Acer […]
Bikers are not your average blokes and perhaps it comes as no surprise that their ideas of a romantic date would also be different from most people’s. While actresses like Sandra Bullock, Jennifer Aniston and Scarlett Johansson inhabit the Valentine dreams of ordinary folk, a new survey has found Angelina Jolie dominating bikers’ fancies. Jolie, […]
The government expects to purchase a record 32 million tonnes of wheat this summer, almost 40% of India’s total production for the entire year, according to new estimates released by the government. In contrast, it had a target of buying 26 million tonnes of wheat last year, which it exceeded in practice by 2.3 million […]
Even as companies launch newer and newer models of Android phones, Indian IT brand Intex has chosen to come out with an almost smartphone, targeted at budget conscious customers. The Sense has a 3.2 inch touchscreen display and a 3 megapixel camera at the back and is priced at a reasonable Rs 3690. The phone […]
Tata Elxsi, the software company from the Tata group that specializes in 4G wireless technologies such as Wimax and LTE, has come out with a suite of software products that will help companies create mini cells for LTE networks. LTE networks will support India’s broadband roll-out in the coming years as more and more companies […]
Intel has joined hands with Lava International, an up-and-coming Indian mobile handset maker, for its smartphone entry into the world’s biggest phone market. The two companies announced what has to be the most sophisticated looking smartphone from an Indian brand — the Xolo X900 — based on Intel’s Atom processor. Lava is one of the […]
India will impose restrictions on the import of solar equipment and encourage foreign companies to establish local facilities, minister for new and renewable energy, Farooq Abdullah said. The move has come in response to vigorous demands from domestic manufacturers of solar cells and panels, who allege that countries such as China are “dumping” cheap solar […]
