Headlines on Camera
Headlines on Camera
The new BlackBerry Torch 9800 smartphone is introduced at a news conference in New York
India's security agencies are testing ways to access corporate email on Blackberry devices by obtaining encrypted data in a readable format, a government source said on Thursday.
Research In Motion faces an Aug. 31 deadline to give Indian authorities the means to track and read BlackBerry Enterprise email and its separate BlackBerry Messenger service.
The government, concerned about the potential for militants to use the secure BlackBerry network to carry out attacks, has vowed to shut the services if RIM fails to comply, cutting it out of one of the world's fastest-growing telecoms market.
An RIM technical team in New Delhi has been working with the department of telecoms and security agencies to find a way out.
RIM uses powerful codes to scramble, or encrypt, email messages as they travel between a BlackBerry device and a computer
A shopkeeper arranges sweets in his shop in Kolkata
Annual food inflation fell to 10.35 per cent for the week ended August 7 as prices of vegetables, specially potato and onion, declined.
Food inflation, which was 11.40 per cent for the week ended July 31, is in double digits for the second consecutive week, after it remained in single digit for a fortnight in mid-July.
On an yearly basis, potato became cheaper by almost 50 per cent, while vegetables saw a decline of 22.12 per cent.
Cereals prices, however, rose by 7.40 per cent driven mainly by higher prices of pulses, rice and wheat compared to last year.
Among other food items, milk prices soared by 19.03 per cent during the week compared to the same period last year, while that of fruits went up by 16.74 per cent.
The overall inflation, which also include rate of change in prices of manufactured goods, fell to single digit at 9.97 per cent after a gap of five mon
The sun rises behind a communications tower in New Delhi
Qualcomm is in talks with four telecom network gear makers, including Ericssion and Alcatel- Lucent for its India broadband venture, the company's India and South Asia head said.
Kanwalinder Singh told reporters on Thursday Qualcomm is also in talks with Nokia Siemens and Huawei Technologies.
Qualcomm, which spent $1 billion in buying broadband spectrum in India in an auction earlier this year, last month agreed to sell 26 per cent stake in its India broadband venture to Indian firms Global Holdings and Tulip Telecom for about $58 million.
Qualcomm expects to launch wireless broadband services in 2011, after getting approvals from India's foreign investment authority and a Internet Service Providers' licence from the telecommunications ministry.
A woman holds gold bangles at a jewellery shop in Kolkata
Gold prices today rose by Rs 50 to trade at nearly seven-week high of Rs 18,950 per 10 gram in the bullion market here on increased buying by stockists and jewellers to meet the festive season demand.
Silver, however, declined by Rs 100 to Rs 29,700 per kg due to weak demand from industrial units and coins makers.
Marketmen said strong global cues also boosted the metal prices here.
Gold in overseas markets, which normally set the price trend on the domestic front, gained 0.2 per cent to trade at seven-week high of 1,231.53 an ounce.
On the domestic front, gold of 99.9 per cent and 99.5 per cent purity rose by Rs 50 each to Rs 18,950 and Rs 18,850 per ten gram respectively. Sovereigns traded at last level of Rs 14,800 per piece of eight grams in restricted buying.
On the other hand, silver ready fell by Rs 100 to Rs 29,700 per kg and weekly-based delivery by R
Pedestrians are reflected on an electronic board showing a graph of market data displayed outside a brokerage in Tokyo
World stocks briefly hit a one-week high on Thursday as optimism on consumer demand boosted Wall Street, while the yen fell broadly after expectations rose Japan might announce additional monetary easing steps.
Consumer stocks led gains on Wall Street after an upbeat sales forecast from discounter Target and data showing US home refinancing demand rose to its highest level in 15 months brightened the outlook for consumer spending.
Asian stocks rose, helped by gains in Japan.
However, equity gains were short-lived and European stocks turned lower as investors awaited more economic data from both sides of the Atlantic for signs on whether the economic recovery is sustainable.
MSCI world equity index rose to its highest in more than a week before erasing gains to stand steady on the day. The Thomson Reuters glo
A man shops in a store at the Inorbit mall in Mumbai
Consumer spending in Asia is likely to reach $32 trillion by 2030, powered by the emergence of a rising middle class in the fast growing economies of China and India, the Asian Development Bank said on Thursday.
Contributing 43 per cent of worldwide consumption in the next 20 years, Asia will assume the traditional role of the US and European middle classes, the Manila-based bank said in a report released in New Delhi.
It estimated Asian consumers spent about $4.3 trillion, or about a third of OECD consumption expenditure in 2008.
\"Developing Asia's middle class is rapidly increasing its size and purchasing power, and will be an increasingly important force in global economic rebalancing,\" Chief Economist Jong-Wha Lee said in the ADB's 2010 report on key regional indicators.
Nearly 56 per cent of the population, or about 1.9 billion people, have pulled themselves i
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