INDIA

Mine explosion in New Zealand : 30 workers trapped

Mine explosion in New Zealand, 30 workers trapped

At least 30 miners are unaccounted for, after an explosion ripped through a coal mine in New Zealand on Friday. Rescue teams including fire crews and helicopters have been pressed in and reports of casualties are emerging on the local media. Police are yet to confirm the reports but updated that two people have surfaced from the mine since the explosion.
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Will Russia emerge as the next hot spot for MBAs?

A recent study has put Russia ahead of its Western Europe counterparts as a hot MBA recruitment destination. Retaining the momentum in hiring for the second year, it has shown a steady 22 per cent growth in MBAs recruited, according to QS TopMBA Jobs Index.
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Pills

By color, pills taste bitter or sour

Do you prefer pink tablet as it tastes sweeter than orange pills? Does color of a tablet have any effect or influence on the patients choice? Patients may trust their doctor or pharmacist, but this does not mean they will take the bitterest pill.
Turkish Airlines

Turkish Airlines plans expansion in India

Turkish Airlines is mulling over starting flights from destinations in South India, Levent Bilman, Turkish Ambassador to India, told ENS, adding that this would connect Indian travelers to 93 places across Europe.
World Trade Organisation (WTO) Director-General Pascal Lamy

WTO chief optimistic about global trade talks

WTO director-general Pascal Lamy said statements from G20 and APEC leaders last week “provided a clear signal that they expect the Doha Development Round to be a deliverable next year.”
Daily wage workers wait for employment on a street side at an industrial area in Mumbai

India's unemployment rate at 9.4 pct in 2009-10: Govt survey

The unemployment rate in India is estimated at 9.4 percent or 94 percents out of 1000 persons in the labour force for the fixed reference period of financial year 2009-10, according to employment-unemployment survey by the Labour Bureau under the Labour and Employment Ministry.
Vendors wait for customers at a wholesale vegetable market in the northern Indian city of Chandigarh May 28, 2010.

India's inflation declines to 8.58 pct in October 2010

India's annual rate of inflation, based on monthly wholesale price index (WPI), marginally declined to 8.58 percent for the month of October 2010 as compared to 8.62 percent for the previous month and 1.48 percent during the corresponding month of the previous year, according to a government statement on Monday.
A woman uses a smartphone in New York

Health apps: the next big thing in smartphone wave

Five hundred million of a total of 1.4 billion smartphone users will be using mobile health applications in 2015, a report said. Both healthcare providers and consumers are embracing smartphones as a means for improving healthcare.
Ratan Tata, Chairman of the Tata Group, attends the annual general meeting of Tata Consultancy Services in Mumbai July 2, 2010.

Tata Power Q2 net profit at 6.75 bln rupees

Tata Power, India’s largest integrated private power utility company, said its consolidated profit after tax (PAT ) increased to 6.75 billion rupees as compared to 3.68 billion rupees the corresponding quarter last year.
Corus chief executive officer Adams speaks in Mumbai

Tata Steel Q2 net profit jumps at 19.79 bln rupees

Tata Steel, the world's seventh largest steel company, has said its consolidated net profit after tax increased 8.5 percent to 19.79 billion rupees ($440 million) for the second quarter higher than the profit of 18.25 billion rupees ($406 million) in Q1 FY’11.
A general view shows the illuminated Jawaharlal Nehru Stadium

India's tourism sector poised to grow post-CWG

The arrival of foreign tourists in India in October 2010 saw an upsurge by 9 percent against the arrivals over the same period last year. The figure is a strong indication of the tourist inflow from overseas will further increase in the coming years.
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RBI sold 350 mln rupees of bonds as on Nov 5

The Reserve Bank of India (RBI) has purchased 390 million rupees of bonds and sold 350 million rupees of bonds for the week ended on November 5, 2010, according to the weekly statistical supplement of the RBI on Friday.
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U.S. FDA proposes gory warning labels on cigarette packs

The next time you decide to light up a smoke, you may be greeted by an image of a cancer patient or even worse, a corpse, thanks to the U.S. Food and Drug Administration's (FDA) decision to put graphical warning labels on cigarette packs.
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Who is Obama's friend in G20?

Replying to a question whether his relationship with other G20 leaders suffered because of some electoral setbacks back home, he said his relationship with some of the leaders was far better now than two years ago when he first took over the office.
U.S. President Barack Obama speaks at a news conference at the G20 Summit in Seoul, November 12, 2010.

G20 progress not fast enough: Obama

U.S. President Barack Obama said the G20 economies have been successful in putting the world economy back on the path of recovery, but admitted that the progress was not fast enough as expected, especially in creating more jobs.
China's President Hu Jintao (L) talks with German Chancellor Angela Merkel as they arrive at the National Museum of Korea for dinner in Seoul November 11, 2010, on the first day of the G20 Summit. World leaders are gathering in Seoul on Thursday and Frida

G20 declares currency war over but challenges remain

The leaders of the G20 countries completed their summit in Seoul, South Korea with an agreement to push for “market-determined” currency exchange rates, to enhance exchange rate flexibility, and to establish a timetable to lay out “indicative guidelines” for global economies to confront trade imbalances by the first half of next year.

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