India’s current account deficit hits all-time high at 5.4% of GDP in Q2

India’s current account deficit (CAD) reached an all-time record of $22.4 billion in the quarter ended September 2012, even as capital account inflows rose sharply in reaction to government’s economic reforms, according to Reserve Bank of India numbers compiled by Crisil Research. Current account refers to ‘permanent’ movement of money into the country, such as […]

China, India to see fastest mobile ad growth, global market to grow 19% in 2013

China and India will be the hottest markets for mobile advertisements in the immediate future as an exploding smartphone and tablet population in these countries are targeted by brands, Gartner has predicted. The research agency also admitted that the growth of mobile advertisements has been faster than it initially anticipated, partly due to the rapid […]

Telecom ministry wants environment ministry to keep out of mobile radiation (EMR) rules

The alleviation of the alleged harmful effects of mobile towers (EMR) on human health has become more complicated with the Department of Telecom rebuffing a suggestion by the Ministry of Environment and Forests on the subject. Apparently piqued over a recent directive by the environment ministry seeking new limits on the number of cellular towers, […]

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