India’s Finance Minister Pranab Mukerjee, presented his annual budget to Parliament last Friday; he revealed that India had weathered the global slowdown quite well; in fact manufacturing output rose 18.5 percent in November 2009, compared to the previous year, while the overall economy grew at almost 8 percent. The minister predicted the fiscal deficit would [...]
Posted on February 28th, 2010 by Gunjan
File this under humor. Travel and Leisure Magazine, believes that New York JFK, Washington Dulles, Atlanta and El Paso are among the 12 ugliest airports in the world. We’re shocked that no Indian or Chinese locations made it to their list which does include European, Indonesian and other distance airstrips. Clearly the editors have not [...]
Posted on February 26th, 2010 by Gunjan
Zain(ZAIN.KW) and India’s Bharti Airtel (BRTI.BO) are expected to sign a letter of intent for the $9 billion African assets. Bharti, India’s largest wireless carrier, is in exclusive talks until March 25 to buy Zain’s African business, excluding Morocco and Sudan. It is the Indian firm’s third attempt at gaining a foothold in a continent [...]
Posted on February 22nd, 2010 by Gunjan
India’s Department of Biotechnology has allocated more than (3 billion rupees) over the last five years towards basic and applied research in stem-cell technology and is focused on diseases that affect millions of Indians rather than exotic diseases The entire government-directed effort is in understanding the fundamentals of how stem cells work and conducting clinical [...]
Posted on February 22nd, 2010 by Gunjan
India shocks an American grandmother into appreciating her own: Anne Lamont writes in the LA Times Opinion Section: I’m doing fairly well for a grandmother who had a monkey tangled up in her hair last month on a ghat in Varanasi at sunset. Back home again now, I can report that in the midst of [...]
Posted on February 22nd, 2010 by Gunjan
