Growth in India’s per capita National Income fell to nearly a decade low in the last financial year, and may have plowed even lower this year, according to numbers from the Economic Survey of India. Per capita net national income grew by just 4.7% in 2011-12, compared to 7.2% in the previous year and 6.8% […]
The Business Confidence of India Inc has taken a beating in the last few weeks and more so in the last 10-12 days as the foreign institutional investors which were single-handedly keeping the capital market alive have started withdrawing posing a big question on the source of financing the country’s wide current account deficit, an […]
Improvements in global economic environment, particularly in the US, recovery in exports, normal Monsoon and bottoming out of the industrial expansion are the strong reasons for revival of the Indian economy, which is very likely to grow a shade above six per cent in the current financial year, an Assocham Economic Outlook Report has pointed […]
Thanks to a relentless increase in Diesel prices by state-owned retailers, waiting periods of petrol cars in India have zoomed to weeks, or in some cases – months, in recent days. Among the cars that have become nearly impossible to get at short notice are the Maruti Suzuki Ritz and Swift, and to some extent, […]
Some good news was released on the IIP (Index of Industrial Production) front today, with India’s core industries growing slightly faster in January than in the previous two months. The index for core industries — such as energy, steel, cement and fertilizers — was up 3.9% in January. The sector has a weightage of about […]
LG has launched two new models of smartphones – one, an overpriced 4.3-inch dual core device and the other a (sort of) decently priced 3.2 inch smartphone. Before you wonder what is so special about these, let’s break the suspense – almost nothing. But if you’re a great LG fan and you wanted a small […]
It is rare for a telecom company to come out with a press release announcing an across the board tariff increase, but in an era of beaten down stock valuations, companies are taking desperate measures. Reliance Communications, one of the companies that has the lowest stock valuation compared to its revenue and earnings, has announced […]
Despite challenging economic conditions, the enterprise software market in India is projected to reach $3.92 billion in 2013, a 13.9 per cent growth over 2012 revenue of $3.45 billion, according to Gartner, Inc. Last year, overall Indian enterprise IT spending, which includes hardware and services — in addition to software — was forecast to increase […]
Indian brand iBall has made a name for itself in the domestic tablet market with its slide series. While not exactly a Samsung Galaxy beater, the iBall Slide series has been perhaps the best local brand of tablets so far, compared to the likes of the HCL, Spice and Videocon. The latest launch in the […]
New investment in India’s booming real estate sector fell to Rs 42,000 crore in the last financial year from 92,600 crore a year earlier, industry lobby Assocham said. Real Estate investments are an indicator the prevalence of money supply in the economy. Typically, most ‘surplus’ money tends to go into the real estate sector in […]
If you are curious about what NR Narayana Murthy has in store for Infosys Ltd, the IT company is planning to live webcast its annual general meeting that will happen in a week’s time. The webcast will start at 3 PM on Saturday, June 15, and be accessible on the outsourcing company’s website, infosys.com. Infosys […]
Blackberry maker Research in Motion (RIM) may not have to cough up an elaborate caching and monitoring system for its enterprise customers as feared. Replying to a question in the Rajya Sabha, deputy communications minister Sachin Pilot said the government is free to check out the mails at the premise of RIM’s corporate customers, rather […]
Government of India does not have its own equipment to measure electromagnetic radiation from cellphone towers, Junior Minister Milind Deora has told the Parliament. According to the minister’s statement, the government depends on the equipment provided by telecom operators to measure the level of radiation emitted by their towers. “.. The test tools provided by […]
The Indian mutual fund industry achieved a milestone in May as total assets under management hit a record high, but things were less rosy for the crucial equity sector. Equity assets under management declined for the 11th time in 12 months as the stock market continued to be caught in a sideways movement. “Equity funds […]
The Prime Minister’s office clarified that the two member committee inquiring into the Antrix-Devas deal has submitted its report. The report has been forwarded to the Cabinet Secretary, the highest official in the central government, for his comments within 15 days. The PMO statement, however, was quiet on the contents of the letter, but media […]
The number of corruption-related complaints to the Central Vigilance Commission (CVC) – the government’s in-house anti-corruption body, jumped 66% in 2012, numbers show. A total of 29,559 complaints were filed with the CVC in 2012, or about 94 complaints per day. In 2011, the total number was 17,830. India has about 1.7 million central government […]
The number of students qualifying to the second round of the Annual Google Fair from India saw a drop this year, with only 11 out of the 90 finalists being from the country. In comparison, the number of selections from India was about 15 last year. In fact, in 2012, Indian kids had swept up […]
Do you shudder at the Rs 35,000 price tag on Samsung Galaxy Note, and wished it would come cheaper? Have you ever considered buying the 6-inch Karbonn A30 because of its large screen, but was put off by the low resolution and the lack of brand value? Have you considered buying a 7-inch tablet to […]
BenQ, one of the top monitor brands in the country, has launched a 24-inch high-end gaming monitor with features such as very high refresh rates and response time. The monitor, priced at Rs 22,000, has a full HD resolution, and is targeted mainly at gamers. It also supports 3D. BenQ, based in Taiwan, is claiming […]
MTS, the Russian operator with a Pan India license, will offer a free HTC Android handset free with new connections if customers agree for a minimum bill size of Rs 1,500 every month. The company is the first player in India to offer the ‘American style’ bundling facility. Almost none of the Indian operators offer […]
