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US snooping programme had one server located in India, report says

August 1, 2013

LONDON: A controversial US surveillance programme that sweeps internet usage data had 700 snooping servers installed at 150 locations around the world, including one in India, according to a report.

Petrol price raised by 70 paise/litre, diesel by 50 paise

August 1, 2013

NEW DELHI: State-run fuel retailers on Wednesday announced they would raise the price of petrol by 70 paise and diesel by 50 paise a litre, both excluding local taxes.

The revised prices will come into effect from Wednesday midnight. The actual increase at petrol pumps will be a tad higher due to the incremental increase in state levies.

Dell’s board deals blow to CEO’s $24.4 billion buyout bid

August 1, 2013

SAN FRANCISCO: Dell's board rejected CEO Michael Dell's attempt to change the voting rules for his bid to buy the slumping personal computer maker, a decision that is likely to doom the deal.

Dilshan stars as Sri Lanka thrash South Africa

July 31, 2013

Brief Scorecard: Sri Lanka 307 for 4 (Dilshan 99, Sangakkara 75*, Thirimanne 68) beat South Africa 179 (De Villiers 51, Lakmal 3-24, Mendis 3-36) by 128 runs

Sri Lanka piled up 307-4 in the fifth and last ODI against South Africa. Tillakaratne Dilshan missed his century by one run.

National Dance Day Draws Large, Diverse Crowd to the Kennedy Center

July 31, 2013

By Geeta Goindi

Washington, DC – National Dance Day drew thousands to the prestigious John F. Kennedy Center for the Performing Arts in a spirited celebration of this universal art form. On July 27, packing a spacious outdoor venue was a diverse, receptive, dance-happy crowd which couldn’t get enough of the myriad performances.

US President Barack Obama calls for economic reforms, wary of India...

July 31, 2013

WASHINGTON: US President Barack Obama has called for economic reforms in US saying that not doing so would mean waving the white flag to the rest of the world especially to emerging countries like India and China.

Tapering growth forces companies to lay off staff, job market is...

July 30, 2013

NEW DELHI: While fresh hiring has already taken a hit, thanks to the slowing economy, India Inc has for the first time acknowledged that large-scale layoffs are already underway and the job market is likely to get much worse if growth isn't revived fast.

Rising middle class is emerging as new protesters to rage against...

July 30, 2013

Still-smouldering protests from Egypt to Brazil have set off a race among scholars to identify the roots of this summer of discontent in the emerging world. Each major theory starts at the bottom, with the protesters on the street, and notes a common thread: young, Twittersavvy members of a rising middle class.

Slowdown effect: IT firms defer joining dates, tech graduates worried

July 30, 2013

MUMBAI: Despite the global slowdown, campus placement season in city engineering colleges had seemed upbeat last academic year. Several students from top colleges bagged more than one offer on an average, but these attractive offers are yet to turn into reality.

BRICS era over, China only exception: Indian Economist ‘Ruchir Sharma’

July 30, 2013

BEIJING: Indian economist Ruchir Sharma has become a celebrity of sorts here as he predicted that the "era of BRICS is over" and that China is the only nation in the five-member bloc which has better prospects of breaking out of the middle income trap.