The tussle between the Centre and the DMK over the Sri Lanka Tamils issue is fast turning nasty, if one reads between the lines of home minister P Chidambaram’s response to DMK’s move to withdraw support to the central government late yesterday. In a statement that contained as many hints as information, Chidambaram today said […]
The Kerala High Court has also directed oil distribution companies like Indian Oil Corporation, Bharat Petroleum Corporation and Hindustan Petroleum Corporation to supply diesel to the Kerala State Transport Corporation at subsidized rates. The Madras High Court had, yesterday, asked the companies to supply subsidized diesel to the local transport corporation. KSRTC is currently getting […]
GDP growth is unlikely to meet Government’s expectations for a 6.1-6.7% growth next financial year, Angel Broking has said, pegging the number at a more realistic 5.7%. The toned down expectation may be the result of previous experience. For example, last year’s Economic Survey had predicted a GDP growth of 7.6% this year, but the […]
An estimated 25 lakh foreign workers, including lakhs from India, will be forced to return to their home countries after Saudi Arabia decided to stop the practice of issuing ‘free visas’. “Free visas” allow subjects of Saudi Arabia to bring (or sponsor) workers from abroad under more relaxed rules, and often send them off to […]
The government has given more details of the ambitious Delhi-Mumbai Industrial Corridor or DMIC, and the first phase will be complete by 2018, it said. The DMIC is India’s attempt to catch up with China in industrial development, especially manufacturing. The seven built-from-scratch are being developed with the co-operation and investment of global giants like […]
The international version of Samsung Galaxy S4, the first phone to feature the ‘Big.Little’ eight-core architecture from ARM, is likely to launch in India on May 1 and carry a price tag of Rs 45,000, according to indications from retailers taking pre-orders for the super phone. “Expected date of launch in India is 1st May […]
The association of telecom operators like Reliance Communications, Tata Teleservices etc has opposed the move to allow wireless broadband operators such as Reliance Industries’ Infotel from offering voice services. The Association of Unified Services Providers (AUSPI) said the Telecom Commission has decided to allow the holders of BWA (Broadband Wireless) spectrum to offer voice services. […]
Assocham, an industry chamber whose members include some of the biggest users of Indian Railways’ freight services, has called called for radical measures to protect the Railways from rising diesel prices. The association pointed out that even as the decision to raise diesel prices for bulk customers may allow the government to cut back on […]
The central government has rejected the request by the government of Kerala to set up the special court to try the Italian marines in Kerala, instead of in Delhi, to help the witnesses depose before the court easily. According to sources, the government has decided to set up special court to try the Italian Marines […]
British companies may join two new-age cities being planned near Bangalore, trade minister Anand Sharma said. The two cities are among the 12 being planned under India’s National Manufacturing and Investment Zones (NMIZ) policy. The zones will be a complete cities in themselves and will include large residential and entertainment areas, a large number of […]
Doordarshan is setting up a free high-definition (HD) broadcasting system in the four cities of Delhi, Mumbai, Kolkata and Chennai, the ministry of information and broadcasting said. Free terrestrial broadcasting of HD-quality TV channels is likely to be a novelty in a country where nearly 99% of the people watch low-definition (SD or standard definition) […]
It’s not just the youth, but also the labor class that Bharti Airtel wants to make life easy for with India’s first classifieds service for manual laborers and other blue collar workers. Called ‘saral rozgar’, the service allows “skilled, semi-skilled and un-skilled manual laborers” to register themselves on a voice-based service and get work. Workers […]
Stuxnet, widely believed to be a virus released by the Israeli government to neutralize the Iranian nuclear program, has been infecting computers in India, according to the ministry of IT and Communications. It however clarified that the virus — that hampers the functioning of Siemens industrial controllers used in the Iranian nuclear programe — has […]
There are some product launches that make you go, why? The India launch of Nexus 7 by Google is one such. Let’s see why it doesn’t make much sense in a market like India’s. First, why do people buy tablets? They buy them primarily as media consumption devices. In other words, to see videos, browse […]
Has the government gone back on the main reform involved in the Telecom Policy 2012 announced a year ago — delinking spectrum from license? It would seem so, going by the latest decision by the Telecom Commission to charge the price of spectrum also when giving out telecom licenses. It was more than a year […]
The next financial year is going to be better than the current year ending March, India’s biggest IT services firm Tata Consultancy Services Ltd (TCS) said at an analysts’ conference. Growth this year, however, would be slower than usual because of various factors such as uncertainty in the two main markets of the United States […]
The Congress-led government has again refused to press for a ‘Uniform Civil Code’ — a body of laws relating to items like marriage, inheritance etc. that apply to everyone in India irrespective of their religion, language etc.. Currently, such items are broadly dependent on which community or religion one belongs to, with separate laws for […]
The telecom and media regulator TRAI has taken the first step in imposing ownership controls in India’s fast-growing media sector. In a consultation paper on ‘cross media holdings’, the TRAI has suggested different approaches, all of which will make sure that a single media house will not be able to have extensive or dominating presence […]
India has a 50-50 chance of being a ‘break-out nation’ economically, Ruchir Sharma, managing director and head of emerging markets and global macro, Morgan Stanley said at an event held in New Delhi today. Being at the right stage of its reform cycle coupled with a healthy investment to gross domestic product (GDP) ratio and […]
International Data Corporation or IDC, the market research firm said it has “slightly downgraded” its expectations for the ERP market in India due to a “continued mindset of caution and tactical investments” among organizations in India. ERP or enterprise resource planning software provides large organizations a ready made way of keeping track of different assets, […]
