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Top news The Indian economy has registered deflation for the first time in 32 years. India's inflation rate has dropped to minus 1.61 percent for the week ended June 6 according to the data released by the Federal Ministry of Commerce and Industry. Corporate India has produced 3,00,000 jobs for people in the U.S. between 2004 and 2007, though the Indian outsourcing industry is blamed for taking away American jobs. | Technology NASA launched a space mission from Cape Canaveral carrying two lunar satellites and a missile that will fire a deep hole in the surface of the Moon. The satellites lifted off together on top of an Atlas V rocket. Indian online advertising is yet to tab the SMB market as only six percent of PC-owning Small and Medium Businesses(SMBs) advertise online. However, it is expected to grow at a compound annual growth rate of 27 percent, as per a report. | ||
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Business The realty stocks are feeling the heat because of the decline in demand faced by the real estate market. Compared to last year, the value of realty stocks has dropped by almost 46 percent from 5,885.78 points to 3,190.13 points at today's close. D-Link India ended the day at Rs 47.90 losing by 17.80 (27.09 percent) after opening at Rs 47.70. During the day, the stock hit a high of Rs 53.95, while the lowest was Rs 43.00 with 78,825 shares being traded through the day. | What would you like to do today? Invite contacts? Ask a question? Create a blog? Start mentoring? Your profile is 20% completed The chances of receiving offers and contact requests that match your profile are far higher if you keep all your details on your SiliconIndia profile up-to-date. Profile:Edit | ||
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Venture The Cayman Islands Monetary Authority has been officially admitted in the International Organization of Securities Commissions (IOSCO), India focused Elephant Capital, a private equity fund, is focusing to invest in those deals which will ensure a majority of stakes in a company. The firm is scouting for more deals in privately held firms. | Magazine Cover Story Take a wonderful trip through a few interesting and Cool Enterprise Products in the market in terms of their specialization, demand and cutting edge technology. Agile & Lean in a World in Recession Ways for significant cost reduction need to be established to deal with economic recession. | ||
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India slips into deflation first time in three decades-R s
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