Indians spend Rs 45,000 crore/year on overseas education – Survey

In the absence of quality higher education and none of the IITs making to world’s top research institutions, Indian students spend USD 6-7 billion (approx. Rs 45,000 crore) annually in seeking greener pastures in foreign universities with a miniscule number of them choosing to return home, said an ASSOCHAM-Tata Institute of Social Sciences (TISS) joint […]

What’s the fuss about, asks industry group

Industry association ASSOCHAM, which has members from most of the big industrial groups in India, today said the opaque nature of decision making in India should be done away with to prevent incidents like the latest ‘corporate espionage’ involving top industrial houses in India. In a statement, the association said: “One fails to understand what […]

25% of lovers worried about marriage threat on Valentine’s Day

25% of Valentine Day couples in a survey conducted in India by Tripadvisor expressed concern over Hindu right wing organisations’ threat that anyone found sharing love tomorrow will be forcibly married. “While 44% respondents are not concerned with regards to threats from certain organisations to take action against public couples, 25% are concerned about the […]

Banned in India, Bangladesh goes virtual with Google Street View

It may be banned in India, but that has not prevented India’s neighbour Bangladesh from going online in a big way with Google’s Street View. The service allows users to virtually walk along any street using their computer or mobile phone using the Google Maps app. Globally, 65 countries are on Google Street View. Google […]

RBI Monetary Policy: Corporates disappointed, Financials not surprised

Reserve Bank of India governor Raghuram Rajan today kept key interest rates unchanged, even as he reduced mandatory cash-reserve requirements for banks in an effort to make more money available for lending. The broad reaction from the market – whether from corporates or financial services industry – was that the development was on expected lines. […]

Preamble controversy :Are liberals losing the plot?

The popular impression is that the political right wing is dogmatic, unreasonable etc, while the left-liberals are the people who listen to logic and reason. But is it really so? The latest ‘controversy’ over the “deleted words” from the preamble of India’s constitution forces us to rethink such notions. For those who’ve just climbed out […]

POLL: FITE to hold protest at Jantar Mantar in Delhi against terminations

FITE said it would hold a protest in Delhi today at 1 pm against what it called unjust termination of staff by TCS. TCS had, in its earnings press conference yesterday, asserted that the company had a policy of ‘involuntary attrition’ of those who failed to keep up with performance requirements. It also said only […]

RBI likely to cut interest rates early next month: CARE Ratings

The Reserve Bank of India is very likely to start cutting India’s key interest rates early next month, CARE Ratings said after India’s December consumer inflation number came in at a manageable 5%. It was widely expected that the recent fall in consumer inflation could undergo some reversals in December and January, and the falling […]

Exit mobile version