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Saturday, January 6, 2007

TODAYS NEWS

1..NASSCOM, in association with the Government of Karnataka and Canara Bank, today inaugurated Karnataka's first state-of-the-art Cyber Lab in Bangalore. The Cyber Lab will have a full time project manager from the police, two instructors, and part time volunteers from the student community. The training will include familiarization on areas such as Internet, browsing, email, and online transactions among others, and education on what constitutes cyber crime. Once trained, these law enforcement officials will be able to carry out various activities like analysing and scrutinising data on hard disks, email tracking, extracting evidence using Internet and mobile phones, and on cyber crime-related legislation.
2. India would continue to lead the IT supplier market this year despite Russia's emergence as a strong contender in the IT outsourcing market.The services globalisation industry continuing to grow at a brisk rate of 25 to 30 per cent in the coming year, as more and more companies ramp up their services globalization initiatives.
3.The Indian Institutes of Management (IIMs) are expecting the number of foreign offers to double this year and salary levels to shoot up by at least 20 per cent. IIM Bangalore has received 60 international offers so far and IIM Calcutta has received 93 foreign job offers which will see a significant rise with more companies still enquiring for final placements.The institute had placed 51 students abroad last year.
4.. Institute of Economic Growth, has forecast inflation to breach the upper range of the Reserve Bank's projection, by March-end, forcing the central bank to harden interest rates further in its next credit policy on January 31. The widely tracked wholesale prices-based inflation is already close to the threshold of RBI's target of 5.5 per cent for this fiscal. WPI Inflation touched 5.48 per cent during the week ended December 23.

Friday, January 5, 2007

news

The government will introduce amendments to the People's Representation Act to give all Indian passport holders the right to vote regardless of whether they are resident in India.This issue of allowing non-resident Indians to vote has been raised repeatedly at earlier PBDs. Constitutionally, only Indian citizens are allowed to vote.Pravasi Bharatiya Divas is aimed at promoting a better understanding between the Indian diaspora and the country's political leadershipIn addition, the Divas' theme, Rooting for the Roots, has been developed to inculcate a sense of pride about their Indian origins among the new generation of overseas Indians.The delegates include six ministers from abroad and large delegations of over 200 NRIs are coming from Malaysia and USA. The event will feature a three-day convention and trade and industry exhibition.
Several eminent overseas Indians have been invited to attend PBD 2007. Some of the notable names who have since confirmed their participation are Knowledge Commission chairman Sam Pitroda, Tie UK chairman Apurv Bagri, IBP (UK) co-chairman Karan Billimoria, Social Strategic executive director Denison Jaisurya and Malaysia's deputy minister of women, family and community development, Dato G Palanivel.The convention will focus on education, healthcare, youth development, women's empowerment, technology, media, private international law, etc. Special focus will be directed on attracting $1.5 trillion capital investment to India.

Thursday, January 4, 2007

todays news

1..The Web 2.0 extravaganza in 2006, with all of the blogs, wikis, mashups and social networks, redefined the way consumers exchanged information. Perhaps more importantly, the same participatory technologies sowed seeds for new enterprise opportunities in 2007.Over the next several months, analysts and technical experts predict, blogs, wikis and mashups will have a profound influence over the way businesses collaborate in the global enterprise.
2..The Cassini probe has spotted what scientists say is unequivocal evidence of lakes of liquid methane on Titan, Saturn's largest moon.
Radar images reveal dark, smooth patches that range in size from three to 70km across.
3..British technology pioneer Andrew Hopper becomes a CBE in the New Year Honours list. Professor Hopper has been made a Commander of the British Empire for services to the computer industry. Now the head of the University of Cambridge computer lab, Prof Hopper is best known for his part in founding iconic British technology firm Acorn.
4.The Olympic flame is to be taken to the top of Mount Everest as part of the build-up to the 2008 Games in Beijing. The flame will actually go to the summit twice as there will be a televised rehearsal in 2007 before the actual torch relay in 2008

Wednesday, January 3, 2007

TODAYS NEWS

1..Prime Minister Manmohan Singh today urged developed nations to ensure that the measures they took to protect the environment and deal with climate change “be equitable in their impact on the development prospects of the developing world’’. Kicking off the 94th Indian Science Congress, being held for the first time in a rural setting at Chidambaram, Annamalai University, about 230 km from Chennai, he said: “The new environmentally-friendly technologies being developed must be shared and made available to all of us so that the planet is saved.’’
2.India is going to carve a new history in the field of space science. Come January 10 and see India launching four satellites, including a recoverable spacecraft, on a home-grown rocket. According to scientists at Bangalore-based Indian Space Research Organization, the blast off would take place at 9.30 am from the Sriharikota spaceport. The polar satellite launch vehicle will carry into space India's cartosat-2, a 680 kg mapping satellite, and the space capsule recovery experiment (SRE 550kg), Indonesia's Lapan-Tubsat satellite (56 kg) and Pehuensat of Argentina (six kg).
3..India expects soon to ink a deal to buy 2.5 million tonnes a year of liquefied natural gas (LNG) from Australia to secure energy supplies as Asian demand grows.
4.The Central sales tax (CST) will be cut by 1% to 3% from April 1, 2007. To compensate states for the resulting revenue loss, they would be permitted to tax 44 new services currently outside the service tax net and an additional 33 services being taxed by the Centre.

todays news


1..Web encyclopaedia Wikipedia temporarily banned anonymous posts to its site from people in Qatar after repeated reports of net vandalism. The 12-hour ban hit large numbers of people in the country because all web traffic in Qatar is routed through a single net address.The real innovation this year has been in the ways we use the technologies, in their availability and ease of use, and in the manner in which the services and applications are embedded in all aspects of daily life, whether at home or work. We are building our lives around the network and the things it makes possible, and 2006 marks the year in which this became a sensible.The really significant change this year was the successful development of the Children's Machine, which started life as the '$100 laptop', a project to create a low-cost computer that governments can give to children around the world.
2..Dozens of rare one-horned rhinos have gone missing in south-western Nepal in recent years, say conservationists. A recent census carried out at a national park in Bardiya suggested there were only 26 rhinos left. The number stood at 83 four years ago.
3..Brazil's newly re-elected President Luiz Inacio Lula da Silva has been sworn in for a second term. He won re-election in a landslide victory in October, despite corruption scandals which tarnished his party.
4..Slovenia has become Europe's first former communist country to adopt the euro as its currency. The euro symbol was displayed on flags, balloons and t-shirts at New Year's Eve celebrations in the capital Ljubljana as Slovenes prepared for the switch.

Tuesday, January 2, 2007

news

1...According to Hindu mythology, gods and demons fought a celestial war over a pitcher of divine nectar. Allahabad is one of the four towns where drops of nectar fell during the battle. The war lasted 12 divine days (which is equal to 12 human years) and that led to the celebration of the Maha Kumbh - the most auspicious gathering held every 12 years. The half kumbh is celebrated every six years and is also considered auspicious by the devout
2..Energy prices and climate change were twin topics which cropped up regularly during 2006. Drivers and airline passengers complained bitterly as the price of crude oil hit its highest level for 20 years, reaching almost $80 a barrel. But oil prices slipped back again, to end little changed over the past 12 months.The environmental impact of China's frenetic growth continued to be debated. It has been the fastest industrialisation in history - the past six years of growth in China equates to double the total annual economic output of India. That growth has taken close to 400 million people out of poverty in China, but pollution is getting worse.
3.. Certain brain areas are active when we think about the future
Brain scans have given US scientists a clue about how we create a mental image of our own future. The Washington University team say that specific areas of the brain are active when thinking about upcoming events. The Proceedings of the National Academy of Sciences study could help doctors trying to understand damage inflicted by strokes, injuries or diseases.

news


1.India has completed construction of a controversial dam on the Narmada river, nearly two decades after it launched the project.The Sardar Sarovar dam will supply drinking water to millions of people in four states, as well as fulfilling irrigation and power needs. the project has displaced at least 35,000 people who lived in the dam area. Work began on the 1,250m-long and 122m-high dam in 1987.Last year, the Supreme Court refused to stop the height of the dam from being raised, as demanded by campaigners. Activists of the Save Narmada Movement, who have been leading the protests, say the state governments have failed to provide adequate relief and compensation to those displaced by the dam.