Business & Economics
2013 Nobel Prize in Literature
The Nobel Prize in Literature has been awarded to Canadian author Alice Munro. The Prize Committee hailed her as the “master of the contemporary short story.”
Business & Economics
Business & Economics
2013 Nobel Prize in Physics
The 2013 Nobel Prize for Physics was awarded jointly to François Englert of Université Libre de Bruxelles, Brussels, Belgium and Peter W. Higgs of University of Edinburgh, UK “for the theoretical discovery of a mechanism […]
Business & Economics
2013 Nobel Prize in Physiology or Medicine
The Nobel Prize in Physiology or Medicine 2013 was awarded jointly to James E. Rothman, Randy W. Schekman and Thomas C. Südhof” for their discoveries of machinery regulating vesicle traffic, a major transport system in […]
Business & Economics
India looks to the Diaspora with a lot of Expectations – BOB CMD Mundra
Bank of Baroda Chairman and Managing Director, Mr. S.S. Mundra visited New York from September 16th to 18th. It was his first visit to New York after he took over as Chairman and Managing Director […]
Business & Economics
NHPC to invest Rs 20,000 crore in private hydropower projects in next five years
NEW DELHI (TIP): In an attempt to revive the struggling hydropower sector in the country, state-run NHPC has decided to take over private hydropower projects and is ready to invest equity worth Rs 20,000 crore […]
Business & Economics
RBI relaxes norms to raise funds from abroad
NEW DELHI (TIP): The Reserve Bank of India (RBI) has relaxed norms to raise funds from abroad. All types of companies are now allowed to avail trade credit facility from overseas for import of capital […]
Business & Economics
IT SECTOR REVENUE TO CROSS $225 B BY 2020
NEW DELHI (TIP): Newer technologies such as social media, analytics and cloud computing (SMAC) will help India’s IT-BPO industry cross $225-billion-mark in revenues by 2020, according to a CII report. These technologies have opened new […]
Business & Economics
HYUNDAI-ROTEM SUPPLIES FIRST COACH TO L&T HYDERABAD METRO
HYDERABAD (TIP): L&T Hyderabad Metro Rail Ltd put on display the first rail coach it received from the Hyundai-Rotem consortium. It announced that the elevated rail system would be fully managed remotely. These trains will […]
Business & Economics
UK, AP to share tech, work on energy conservation
HYDERABAD (TIP): The UK Government has agreed to collaborate with Andhra Pradesh in sharing latest technologies and best practices in energy conservation and efficiency, according to a statement from the State Energy Conservation Cell. The […]
Business & Economics
Fighting Corruption: Rahul Gandhi takes a stand
Indian National Congress Vice-President Rahul Gandhi’s criticism of the controversial ordinance to protect convicted lawmakers is refreshing and gives us hope in putting the party on sound footing as it faces general election in 2014. […]
Business & Economics
U.S. failure to pay bills hurts everyone
If Congress does not raise the debt limit soon, seniors, veterans, kids, among others, are at risk. In an op-ed published in the October 4, 2013 edition of USA TODAY, Treasury Secretary Jacob J. Lew […]
Business & Economics
TARGET TO DEVELOP 10,000 MW POWER THROUGH SOLAR ENERGY BY 2017
NEW DELHI (TIP): Ministry of New and Renewable Energy has set a target of generation of 10,000 Megawatt of power through solar energy by the year 2017. Addressing the Solar Power Developers Meet in the […]
Business & Economics
CARE Ratings to enter Europe via Singapore consortium
NEW DELHI (TIP): Credit rating agency Credit Analysis & Research Ltd (CARE) is entering the European market through a Singapore-based international arm. It has joined hands with credit rating agencies in four other countries — […]
Business & Economics
FOREIGN CURRENCY BANK BORROWINGS NORMS EASED
MUMBAI (TIP): The Reserve Bank of India (RBI) on September 25 eased the norms for banks borrowing through foreign currency. For bank borrowings exceeding half the unimpaired tier-I capital made on or before November 30 […]
Business & Economics
Swedish hygiene products company to set up Rs 145-cr manufacturing facility in India
CHENNAI (TIP): Global hygiene and forest products company SCA will set up a manufacturing facility for hygiene products with an investment of about Rs 145 crore in India. The facility is expected to commence production […]
Business & Economics
Schneider Electric starts support facility for data centres
HYDERABAD (TIP): Schneider Electric has commissioned a services bureau in Bangalore as a nerve centre and a support facility for data centres in India and the Asia-Pacific region. The French major, which provides energy management […]
Business & Economics
TWIN TERROR STRIKES BRING BACK PAST MEMORIES
JAMMU (TIP): The twin terror attacks on September 26 along the busy Jammu-Pathankot national highway brought back memories of deadly strikes in the past in the townships along the road that links Jammu and Kashmir […]
Business & Economics
SLOW AND STEADY RELATIONSHIP
“The PM’s Washington visit is unlikely to produce any dramatic result, but it will serve its purpose by reminding both sides of the high stakes they have in a progressively improving relationship that is undistorted […]
Business & Economics
End of Euphoria
“What prompts Obama to bracket Manmohan Singh with Hassanal Bolkiah is not difficult to fathom – simply put, both are potential buyers of American products” says the author. For a prime minister who got branded […]
Business & Economics
Japan, India chalk out roadmap for investment in export led manufacturing
NEW DELHI (TIP): India and Japan have charted out a roadmap to boost investment between the two countries. In a meeting headed by the Union Minister of Commerce & Industry Shri Anand Sharma and Mr. […]
Business & Economics
EBAY LAUNCHES 2ND DATA CENTRE IN BANGALORE
BENGALURU (TIP): US-based e-commerce major eBay Inc on September 19 inaugurated a new global development centre in India. The development centre, the company’s 16th such centre globally, is spread across 1,50,000 sq ft. “We have […]
Business & Economics
Tech Mahindra inks pact with Volvo Cars
HYDERABAD (TIP): Tech Mahindra has signed an agreement with Volvo Car Corporation (Volvo Cars). The IT company will provide the automobile company with a service to maintain and develop a range of applications that can […]
Business & Economics
IIP at 4-month high as capital goods boost output 2.6% in July
NEW DELHI (TIP): Aided by a rebound in capital goods production, the country’s industrial output grew a better-thanexpected 2.6 per cent in July compared with the same period last year. This was a fourmonth high. […]
Business & Economics
‘Strong Fundamentals’
The truth about the economy is different The middle class today is feeling insecure because the public services are poor and most people are saving 30 per cent to 40 per cent of their incomes […]
Business & Economics
CASTE OUT BY THE LAW
The British government’s attempts to dilute legislation that recognizes caste-based discrimination render it insensitive to the treatment of Dalits in the U.K. In a truly historic move, on June 25 the British parliament, the United […]