The government is aiming for a 5% increase in total food production this year to 245 million tonnes, the ministry of Agriculture said. Food grain production, mostly wheat and rice, had jumped 6.4% last year to 232 million tonnes from 218 million tonnes during the previous crop year. The increase in food grain production will […]
Indian enterprises spent a whopping $35 billion on “green IT and sustainability” initiatives last year, market research agency Gartner said. The number, comparable in size to the overall Indian domestic spending on IT itself, seems to indicate that green IT and sustainability have moved on from just being a fad or fashion. Gartner said the […]
Gartner, the World’s top IT market analysis firm, has revised downwards its predictions for the adoption of cloud-based email and collaboration services – considered one of the ‘low hanging fruits’ for the Cloud market. The firm said companies have not moved to the Cloud for email and collaboration services (such as messaging, document-creation, sharing etc.) […]
With growing complaints about Americans rejecting visa applications by Indian techies for visiting their customers there, Indian trade minister Anand Sharma’s office has issued a statement that he pressed the Americans for a more predictable visa process. At present, many Indian companies are forced to make several applications to make up for the higher than […]
However much American leaders may praise India as the World’s “largest” democracy, a 2006 diplomatic cable leaked by Wikileaks reveals that they were under no illusions about the state of governance in India. The then US ambassador to India felt that the emergence of a separate ‘corruption economy’ and ‘corruption elite’ and that the Congress […]
After Idea Cellular, it is the turn of the country’s biggest Internet Service Provider BSNL to slash 3G data rates in an effort to test demand. The state-owned company has unveiled three new 3G data plans that are cheaper than any other on offer right now, except for the unlimited @750 offer from its partner […]
Japan has completely removed import duties on 87% of the items traded between the country and India thanks to last week’s trade agreement, commerce secretary Rahul Khullar said. Malyasia, with which too India inked trade pacts last week, will allow freer import of India’s basmati rice, mangoes, eggs, trucks, motorcycles and cotton garments from now […]
Gurgaon-based Canaan Partners, known for its early stage investments into tech and related sectors, has pumped in $4.4 million (Rs 20 crore) into Loylty Rewardz, a “loyalty and relationship management company.” Established in 2006, Loyltly helps “conceptualize, develop and operate loyalty programs — such as discounts, rewards, contests etc.. “Loylty Rewardz helps brands achieve successful […]
Pakistani President Asif Ali Zardari tried to extract financial concessions from the US in exchange for talking with India, according to a US diplomatic cable dating to February last year and leaked by Wikileaks. When the US pressed him to hold talks with India, Zardari said his personal position has to be shored up through […]
Vodafone has become the first operator to crack the whip on telemarketers under India’s tough new anti-spamming laws. According to India’s telecom regulator, the TRAI, the Indian operation of the UK-based service provider became the first to deposit fine money collected to violators of the code that became effective this month. “Vodafone penalized the first […]
