Business and Economy
Dr. Manmohan Singh’s speech at the G20 meet
By ranjanp at 15 November, 2008, 8:00 pm
Mr. Chairman,
We are meeting at a time of exceptional difficulty for the world economy. The financial crisis, which a year ago seemed to be localized in one part of the financial system in the US, has exploded into a systemic crisis, spreading through the highly interconnected financial markets of industrialized countries, and has had its [...]
India now open to VoIP: TRAI enables Internet Telephony services
By ranjanp at 18 August, 2008, 12:54 pm
The Telecom Regulatory Authority of India (TRAI) has just paved the way for Internet Telephony in India. The TRAI is a regulatory body established under the TRAI Act of 1997. It’s primrary objective is to create and nurture conditions for growth of telecommunications in the country in a manner and at a pace which will [...]
Read More >>Rupee opens higher on drop in oil
By ranjanp at 5 August, 2008, 12:46 am
Mumbai - The rupee strengthened on Tuesday as global oil prices fell to near three-month lows, calming nerves about a widening trade deficit. Yesterday, the rupee had fallen by 14 paise to close at 42.40 against the dollar due to buying by banks and sluggish equity markets.
The rupee was at 42.28/29 per dollar, 0.5 percent [...]
India fastest growing in Internet usage
By ranjanp at 2 August, 2008, 2:32 pm
comScore, a widely regarded market research company for the digital world, has recently reported it’s first study of Internet usage in India. According to comScore, more than 28 million people in India, age 15 and older, accessed the Internet from home and work in May.
This is a 27-percent increase versus year ago, making India one [...]
Prime Minister Singh Survives Vote, Lays Policy Agenda
By arunr at 27 July, 2008, 7:49 pm
Prime Minister Manmohan Singh and his Congress Party coalition survived a no confidence vote, getting a needed political boost ahead of a general election and the backing to secure a nuclear deal with the U.S. The government’s victory, by a 275-256 margin with 10 abstentions, was wider than many had [...]
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