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Friday, February 26, 2010

Samsung caliber - a must see review

Tech enthusiasts may go ga-ga over this new chic Samsung phone which is now available through MetroPCS. This new Samsung device entitled Caliber (SCH-r860) is equipped with superior attributes. The handset sports Samsung’s TouchWiz User Interface. The UI integrates exclusively-designed widgets that enable users to customize and personalize their mobile phone.

Social networking applications such as Facebook and MySpace can be accessed by means of the phone’s full HTML web browser and messaging features that embrace IM and personal e-mail. The handset adorns a 3.2-inch WQVGA, 262K TFT display. The Samsung Caliber provides MetroPCS applications and services in addition to downloads, along with a collection of other attributes to keep users connected. The device includes superior voice recognition, MetroNavigator GPS navigation system, Metro 411 Directory Assistance and MetroWEB.

Mi-Fone unveils 4 handsets in India

Africa’s growing mobile phone manufacturer, Mi-Fone has introduced four handsets to the Indian consumers. Just two years old Mi-Fone has become one of the most popular brands across the continent. Mi-Fone ranges of mobile handsets presently available in India are: Mi-Q family, Mi-5QS, Mi-2010, Mi-338, Mi-323 and Mi-350a.

The handsets are designed keeping in mind the young adults who are technosavvy globally.

Weekend Masti for Reliance Mobile customers

Reliance Mobile has launched a new offer for its GSM and CDMA subscribers all over India. Under this new "Weekend Masti" offer, users have to recharge their phones with Rs. 33 and they can make unlimited free local calls to any other Reliance Mobile (GSM or CDMA) throughout the weekend (Saturday and Sunday).

This pack is valid just for one weekend (00:01 hrs of Saturday to 23:59 hrs of Sunday).

This plan is offered to subscribers via e-recharge too. If you call to networks apart from Reliance, you will be charged as per your existing plan

Iranian rebel confess of his US links

An alleged member of a Sunni Muslim group fighting the Iranian government has said in a televised confession that his group received help from the United States.

Abdolmalek Rigi, the leader of Jundallah, said on state-run TV on Friday that Iranian authorities had detained him on his way to a meeting with a "high-ranking American person" in Kyrgyzstan.

Rigi was reportedly seizedafter Iranian warplanes forced a flight from Dubai to Kyrygzstan to land at an Iranian airport.

BSNL to introduce Country's Ultrafast BroadBand services

If your slow Internet connection has been a cause of great distress to you, BSNL now gives you a reason to stop complaining. The state-owned telecom operator has introduced a new plan that offers broadband speeds of up to 24Mbps.

To avail this service, subscribers will have to pay Rs. 4,999 a month for speeds up to 16 Mbps and Rs 9,999 a month for speeds of up to 24 Mbps. This new high-speed broadband is being made available with Digital Subscriber Loop (VDSL) Technology.

Sounds too good to be true? Well, sadly, there is always some drawback that tags along with such good news. While 24 Mbps broadband will be available only to customers located at a distance of up to 500 metres from the BSNL exchange, 16 Mbps broadband is available to only those residing up to about 1 km away.

Thai Supreme Court orders Former Thai PM to give $2.3 Billion

Thailand's Supreme Court has ruled that former PM Thaksin Shinawatra's family should be stripped of more than half a contested $2.3bn fortune.

The court said $1.4bn (£910m) of the assets were gained illegally through conflict of interest when Mr Thaksin was prime minister.

The funds were frozen after Mr Thaksin's elected government was overthrown in a military coup in 2006.

Mr Thaksin, who is living abroad, has denied any wrongdoing.

ICICI Bk hikes Interest rate for long term deposits following HDFC & IDBI

ICICI Bank has hiked interest rates on long-term deposits by 25-50 basis points. The move comes a day before Rs 12,000 crore gets
withdrawn from the banking system as the second phase of RBI’s increase in cash reserve ratio comes into effect.

ICICI is the second lender after HDFC Bank which has increased its interest rates in the past one week. ICICI Bank, however, has hiked rates only for two of its slabs unlike HDFC Bank which had hiked interest rates across different slabs for periods above one year. The cash reserve ratio is the portion of deposits that banks are required to park with RBI as a part of prudential measures.

Steel demand may raise after the Budget's stress on Urban & rural Infra development

The union budget proposals of finance minister Pranab Mukherjee, will indirectly boost the overall demand for steel. In particular, the
decision to raise outlay on urban development and housing by 75% to Rs 5,400 crore and an additional 25% of plan outlay for rural infrastructure, has come as a shot in the arm for domestic steel companies.

Base metals analyst at Angel Broking, Reena Walia Nair said: "Though no specific mention has been made with regard to steel, growth in infrastructure will obviously translate into growth for the steel sector as well. We have already seen a surge in equity stocks following the FM’s budget speech. The market seems to have responded very positively to the budget. Going forward, steel stocks are likely to look up too." On Friday, Tata Steel shares gained up 1.11% to Rs 573.65, while the Steel Authority of India (Sail) stock jumped 3.26% to Rs 218.45 on the BSE.

SUU KYI's appeal for her release rejected by court

The Burmese opposition leader Aung San Suu Kyi failed in her latest bid to end more than a decade of house arrest today after the country's highest court threw out an appeal against her sentence.

The supreme court's decision was widely expected but her lawyer said he would launch a final special appeal to the supreme court after establishing the reasons why the latest attempt had been rejected. "The court order did not mention any reasons," he said.

The British ambassador Andrew Heyn attended the court session along with diplomats from Australia, France and the US.

TN CM urges CPI(M) to end controversial talks in W R Varadarajan's death

DMK president and Tamil Nadu Chief Minister M Karuanidhi today urged that controversy surrounding the death of state CPI(M) leader W R Varadarajan should end, saying "maligning" him in his death would not be "politics of culture".

Referring to CPI state secretary D Pandian's remarks that Varadarajan's death should kindle a debate in CPI(M) over its functioning, Karunanidhi said this should "not be ignored".

Naveen Patnaik disappointed by Union Budget

Terming the union budget as disappointing, Orissa Chief Minister Naveen Patnaik today said it would fuel inflationary trends even as poor and backward regions of the state were denied special development packages announced for some provinces.

"Against the backdrop of soaring food prices, there is no mention whatsoever about the much promised scheme of delivery of rice and wheat to the common people at Rs three per kg," Patnaik said in a statement.

Fearing that hike in the prices of diesel and petrol was expected to further fuel the inflationary trends in the country, Patnaik said, "This is likely to have a cascading effect on the prices of all other commodities as well.

ESMA in Manipur to end State govt Employees strike

 The Manipur government is likely to invoke the Essential Services Maintenance Act (ESMA) to break the indefinite strike of state government employees since Jan 16 demanding higher salaries, officials said here Friday.

'In view of the strike, the functioning of government hospitals is paralysed and the out-patient departments (OPD) are even closed since Wednesday,' a government official told reporters.

'The ESMA could be applied against those agitating leaders who were on strike as it has inconvenienced thousands of people,' he added.

Auto parts Cos relieved - expects more reforms than announced in union budget

Auto parts makers heaved a sigh of relief after the finance minister announced a lower-than- expected rollback of an excise duty cut and
did not raise service tax, industry officials and analysts said on Friday.

"It's a good budget. It was a tightrope walk for the finance minister. He has tried to continue the growth stimulus with a lot of prudence," said Vishnu Mathur, Executive Director at the Auto Components Manufacturers Association.

"The increase in excise duty was expected. He has not increased service tax, which was one of our main worries," he said.

UID project gets Rs 1900 Crore - Govt to set up a Tech Advisory

One of India’s most ambitious projects, Unique Identification (UID)–where every Indian will be given a unique number–has received a huge boost with Dr Pranab Mukherjee, Minister of Finance, allocating Rs 1900 crore to the Unique Identification Authority of India (UIDAI) for 2010-11.

The Finance minister said that the UIDAI is on track to issue the first set of UID numbers this year. The allocation of funds will help the UIDAI speed up execution, as it gets into the operational phase.

6800 more rural hospitals necessary to cope with the rural population in India

This Thursday, the annual Economic Survey released a report stating that India is in need of over 6,800 additional hospitals especially in rural areas.

This will help to provide better basic health amenities as well as improve health infrastructure.

The survey further stated that “There is still a shortage of 4,477 primary healthcare centres and 2,337 community healthcare centres as per the 2001 population norms”.

CAT results by the end of Feb

The wait would soon be over for candidates who are aspiring to get into the country's top business schools. The eagerly awaited result is expected to be out anytime now. Last week IIM official's announced through their official website that the results are to be further delayed and would only be out by end of the month.

This year's CAT was the first time that the examination was conducted as a computer-based online test. It was conducted in the paper-and-pencil format for 33 years. The original schedule for the test was between November 28 and December 7, which was extended by a day to December 8 to accommodate thousands of students who could not appear during the ten-day window because of technical glitches at several centers across the country.

opposition stages walk out as FM presents Budget in Parliment

The opposition on Friday walked out of the Lok Sabha during Finance Minister Pranab Mukherjee's budget presentation to protest some tax proposals - a development many veteran MPs believe may be a first in the history of India's parliament.

Members of the BJP, the Janata Dal-United (JD-U), the Telugu Desam Party (TDP), Left parties, the Samajwadi Party (SP), AIADMK and the Rashtriya Janata Dal (RJD) rose from their seats when Mukherjee spoke of the basic duty on crude oil being restored.

Excise hike on petro products catalyst for Price hike on Petro products from tonight

The government is set to announce a hike in the prices of auto fuels like petrol prices by Rs 2.71 per litre and diesel prices by Rs 2.55 per litre with effect from tonight, Oil Secretary S Sundareshan said today.

The development came hours after Finance Minister Pranab Mukherjee announced an increase in excise and customs duty on petroleum products. During the Budget, opposition leaders staged a walk-out protesting the move would lead to an increase in fuel prices.

Govt to boost Farm sector by 4% this fiscal yr

The government will boost farm spending and lift agriculture sector growth to 4% in the medium term, Finance Minister Pranab Mukherjee said on Friday, but analysts said the Budget failed to introduce measures to curb rising food prices.

The government, in its annual Budget for the fiscal year 2010/11 beginning from April, introduced a clutch of measures aimed at spurring rural economy, including withdrawal of service tax on testing and certification of seeds and on transportation of cereals and lentils by road.

Mukherjee said farm credit target for 2010/11 would be raised to Rs 3.75 trillion from Rs 3.25 trillion in the previous year.
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