Indian farming faces 'technology fatigue': PM/National board to improve power scenario/BSE crosses trillion-dollar mark

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May 29 2007

>> TOP NEWS

Indian farming faces 'technology fatigue': PM

Tardy farm growth is a matter of grave concern and urgent steps are needed to remove the "technology fatigue" in India's agrarian economy on which 70 percent of the population depends, says Prime Minister Manmohan Singh.

National board to improve power scenario

The central government and the states Monday decided to set up a National Power Project Management Board that will monitor capacity addition and transmission projects to meet the soaring demand of electricity in the country.

BSE crosses trillion-dollar mark

Riding on a bull wave in Indian equities, the Bombay Stock Exchange (BSE), one of Asia's oldest bourses, Monday created history as its market capitalisation crossed the $1,000 billion mark.

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>>
TECHNOLOGY

Mformation Secures $20M in Funding

Mformation Technologies has raised $20 million in a new a round of financing, led by QuestMark Partners, along with Wasatch Cross Creek Capital, and MformationÂ’s existing investors who invested their full pro-rata share

Andhra registers 48 percent growth in IT exports

Andhra Pradesh has recorded 48 percent growth in IT exports in 2006-07, up to Rs.185.82 billion ($4.5 billion) from Rs.125.21 billion the year before.

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>>
BUSINESS

India keen to boost economic ties with Gulf nations

Underlining the importance of the Gulf countries to India, Commerce Minister Kamal Nath invited companies from the region to invest in this country, especially to tap the $300 billion opportunity in infrastructure development and oil refineries.

Tata Steel inks deal with Vietnam Steel Corporation

Indian steel conglomerate Tata Steel Tuesday signed an agreement with Vietnam Steel Corporation (VSC) to set up a 4.5 million tonne per year plant in Vietnam's Ha Tinh province.

>> OTHER NEWS

29 Indian Americans among 286 spelling bees

A record 286 spellers, including 29 of Indian origin, are vying for more than $40,000 in prizes at the annual Scripps National Spelling Bee.

Highest French civilian honour for Indian educationist

Bikas Sanyal, who is the director of Maison de l'Inde or India House in Paris, has been honoured by the French government with its highest civilian award, the Legion d'Honneur.

Indian American body raises $120,000 for child trafficking victims

A non-profit organisation led by Indian Americans has raised over $120,000 for a shelter, 'Haven of Freedom', for victims of child trafficking.

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>>
BLOGS

Do international exchange program works? - Nidhi Sharma

Yunnan University and Mumbai University have reached an agreement to begin educational exchanges aimed at improving relations between the two Asian countries, according to Indian media reports.

MAGAZINE

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