Africa

Sony Xperia SP Smartphone Specs Leaked Ahead of MWC 2013: report

In the countdown to the international mobile convention MWC (Mobile World Congress) 2013 event, many rumours of new devices are beginning to surface in the online media.

Feb 22, 2013

Oil Marketing Companies to Sell 90% of LPG Cylinders at Subsidised Rates

Several Oil Marketing Companies (OMCs), namely, Indian Oil Corporation Limited (IOC), Hindustan Petroleum Corporation Limited (HPCL) and Bharat Petroleum Corporation Limited (BPCL) have stated that 90 percent of cylinders will be sold at subsidized rates annually resulting in only 10 percent of cylinders to be sold at market prices at the current cap level of nine.

Feb 24, 2013

Indo-French Satellite SARAL Set to Take-Off on Monday

ISRO (Indian Space Research Organisation) has made all the necessary arrangements at Satish Dhawan Space Centre in Sriharikota, Andhra Pradesh, as the countdown begins to close in for the launch of Indo-French satellite SARAL (Satellite with ARgos and ALtika).

Feb 24, 2013

Economic Survey of India 2013 Highlights: Government Sees Good Year Ahead

The government tabled the Economic Survey of India 2012-13 in Parliament on Wednesday, a day ahead of the presentation of the much-awaited Union General Budget 2013-14 by Finance Minister P. Chidambaram.

Feb 27, 2013

Economic Survey 2013 Summary: India's Economy Expected to Grow At Over 6 Percent

Finance Minister Shri P. Chidambaram tabled the Economic Survey of India 2013 in the Lok Sabha on Wednesday, a day ahead of the presentation of the Union General Budget 2013. The survey says that India's economy is looking after the slowdown in growth rate. Here is the summary of Economic Survey of India 2012-13:

Feb 27, 2013

Budget 2013 Raises Mobile Phone Prices, Disappoints Industry

The UPA government on Thursday increased the prices of mobile phones by imposing a six percent hike in excise duty on handsets.

Mar 1, 2013

hyundai-cars-are-seen-ready-for-shipment-at-a-port-in-chennai

Budget 2013 Raises Duty on Luxury Cars, SUVs; Auto Majors Mulling Price Hike?

Finance Minister P Chidambaram's budget proposal to increase tax on Sports Utility Vehicles (SUVs), imported luxury cars and imported bikes has heightened worries in the domestic auto industry, which is already faced with declined growth and sentimental skid.

Mar 1, 2013

Wharton School Cancels Modi's Keynote Address Over Protests

The famed Wharton School at the University of Pennsylvania, US, has cancelled Gujarat Chief Minister Narendra Modi's speech, following protests from some section of Wharton professors and students.

Mar 4, 2013

Arvind Kejriwal Invited to Speak at Wharton, Denies Replacing Modi

Activist and Politician Arvind Kejriwal has been invited to address the Wharton India Economic Forum on 23 March.

Mar 5, 2013

'Buy Rapid Sedan and Get Fabia Hatchback Free': Auto Makers’ New Deal to Tackle Market Slowdown

India's auto market has witnessed a slowdown in the past couple of months due to spiralling fuel costs and currency flux. Adding to the blows is the proposal to hike the excise duty of cars, heightening fears among auto makers of a bleak future ahead,

Mar 6, 2013

Facebook Revamps News Feed with ‘Personalized Newspaper' Homepage Design

Facebook on Thursday introduced an all-new News feed with greater emphasis on photos, graphics and other visual elements, in an attempt to lure more advertisers and users to the social networking platform.

Mar 8, 2013

world-bank-president-jim-yong-kim-speaks-during-a-news-conference

World Bank President Says Indian Economy to Grow by 6%

World Bank Chief Jim Young Kim told reporters on Monday that Indian economy is expected to achieve an estimated 6 growth in the year 2013-14.

Mar 11, 2013

India's Private Banks Under Scanner: Is RBI to be Blamed for Money Laundering?

The allegations of major private sector banks - ICICI, HDFC, and Axis - indulging in money laundering activities have shocked the nation. If found true, it will damage the image of the financial institutions, and the Reserve Bank of India (RBI), which controls them, has to be partly blamed.

Mar 15, 2013

SEBI Wants Detention of Sahara Chief Subrata Roy

Serving yet another blow to Sahara Group of Industries, the Securities and Exchange board of India (SEBI) moved the Supreme Court seeking detention of Subrata Roy and two Sahara directors Ashok Roy Choudhary and Shankar Dubey.

Mar 16, 2013

India Ranks 5th in Wealth Report 2013 With 122 Billionaires

According to Knight Frank's Wealth Report 2013 India has grabbed the Fifth spot following US, China, Germany, UK among the top 10 wealthy nations list with 122 billionaires.

Mar 16, 2013

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