NEW DELHI: In lieu of the fact that diesel amounts for 60% of under-recoveries, the government may fix a per litre subsidy on this fuel to bring predictability in expenditure. According to ET Now sources in the government, a permanent solution for the approximately Rs 1,80,000 crore under-recoveries for this fiscal is being thought of.
A per litre subsidy on diesel will imply that oil marketing companies will not be reimbursed on an ad hoc basis for the losses that they incur. Instead a compensation of fixed amount on a per litre basis would be given. The relatively fixed subsidy burden can be brought down in case global crude oil prices decline.
We just finished NVIDIA's CES press conference where it introduced the Tegra 4 SoC and Shield mobile gaming console. Immediately following the press event we snagged some more information about Tegra 4 and the NVIDIA i500 Baseband silicon: - Tegra 4 is built on TSMC's 28nm HPm process (low power 28nm with High-K + Metal Gate) Just confirmed that our initial information was incorrect, it's 28nm HPL (28nm low power with high-k + metal gates). The difference between HPL and HPM is a optimization for leakage vs. peak performance. This helps explain the 1.9GHz max frequency for the A15s in Tegra 4. - The fifth/companion core is also a Cortex A15, but synthesized to run at lower
Bharti Airtel has introduced the mEducation service platform for users. The medium offers access to a host of education-centric services and is based on both the interactive voice response and SMS formats. Commenting on the launch of the service, K Srinivas, president, consumer business, Bharti Airtel, says, “In many parts of the country, access to formal education is still restricted. Mobile platform has the potential to bridge this restriction using technology. Airtel mEducation service uses technology-enabled platforms to address the challenging issues of education with an endeavor to enrich the lives of our customers. Airtel mEducation has been designed to replicate a classroom e
LONDON: Eleven people of Asian-origin, including four of Indian descent, are among 32 persons figuring in the rogues' gallery of Britain's top tax criminals of 2012.
Among the 11 people of Asian-origin, four of Indian descent are Davinder Singh Dhaliwal, Sandeep Singh Dosanjh, Navdeep Singh Gill and Ranjot Singh Chahal, according to a report in the Guardian.
The tax office posted pictures of 32 tax cheats - A rogues' gallery of Britain's top tax criminals of 2012, ranging from cigarette and alcohol smugglers to professionals who set up complex avoidance schemes for the rich, the daily said.
This is the first time such a list has be
NEW DELHI: Under-graduate engineering students from technical institutes may be able to teach and earn as they learn at the premier Indian Institutes of Technology (IITs).
Faced with a severe faculty shortage, IITs have proposed mentoring the top 15% under-graduate students from IITs, National Institute of Technology (NITs), Indian Institute of Science Education and Research (IISER) and National Institute of Science Education and Research (NISER) through a teacher training program.
The proposal will be discussed at the IIT Council meeting on January 7 to be chaired by human resource development minister M M Pallam Raju.
IITs hope this joint progra
INDORE: RSS chief Mohan Bhagwat gave yet another controversial statement terming marriage as social contract between husband and wife in a function on Saturday in Indore.
"A husband and wife are involved in a contract under which the husband has said that you should take care of my house and I will take care of all your needs. I will keep you safe. So, the husband follows the contract terms. Till the time, the wife follows the contract, the husband stays with her, if the wife violates the contract, he can disown her," Bhagwat told a rally here yesterday.
Serving out an advice for happy marriage life, RSS chief said marriage is successful only when wife
Charity Engine, a United Kingdom cloud computing company, has alleged that Facebook is “allowing click fraud on a massive scale.” Facebook has faced many such allegations from business owners recently, as the algorithm the site uses only allows for about 15 percent of a site or page’s fans to see posts without the pages’ owner paying to sponsor their content. However, no one yet has blasted Facebook with the ferocity that Charity Engine did in a December 24 Facebook post. “Facebook is allowing click-fraud on a massive scale, letting millions of fake profiles join millions of fan pages and charging those page owners for every fake click of their FB adverts,&rdq
A new twist on the all too familiar Facebook Profile Viewer scam is currently being spammed out to users via email. The screenshot below shows an actual spam message sent to us by a reader: The email uses a typical scam message we have seen in the past in similar scams: From [Facebook News] Now You Can Check: “Start checking who has viewed your facebook profile today! (Limited Time)” Scam Type: Profile Viewer Trending: January 2013 Why it’s a Scam: Clicking the scam link takes you directly to a URL hosted on Dropbox: Normally, scam messages like this trick users into installing rogue Facebook applications and ultimately redirect to a
The High Court has ruled that it will not review whether British intelligence agencies are passing information to the CIA to help them carry out drone strikes on suspected terrorists in Pakistan. The court has refused to judicially review whether it was lawful for one of the UK's secret agencies to provide information to the United States, which could be used to target drones.
Lord Justice Moses said that the courts could not intervene in the case - but the judgement leaves questions over whether or not the UK is playing a role in the CIA's controversial drone strikes strategy against al-Qaeda.
Drones are now a familiar part of the modern military l
Iranian TV shows off 'captured US ScanEagle drone' Images from Iranian state TV of the drone that the country's military says it has captured Fars said the drone was captured "in the last few days" without giving further details.
A spokesman for US Naval Forces Central Command in Bahrain said: "The US Navy has fully accounted for all unmanned air vehicles operating in the Middle East region.
Iranian state television has shown images of what it says is an unmanned US drone captured in its airspace.
The Revolutionary Guards said they had brought down a ScanEagle - one of the smaller, less sophisticated drones employed by the A
KOLKATA: In a year when India should have actually fired a second rocket to the moon, after Chandrayaan-1, space scientists will instead send a mission to Mars in November that, if successful, will propel India into the elite club of four—the US, Russia, Europe and Japan.
The announcement was made on Friday by J N Goswami, director of the Physical Research Laboratory in Ahmedabad and the principal scientist of Chandrayaan-1, at the Indian Science Congress (ISC). Magalayaan, as India's Mars mission has been christened, will look for signs of life and reasons why the red planet lost its atmosphere.
"Chandrayaan-2 (an India-Russia collaboration), whi
MUMBAI: The first Indian astronaut to fly into space, Rakesh Sharma, on Friday admitted that after his landmark 'Saare Jahan Se Achcha Hindustan Hamara' reply to the then Prime Minister Indira Gandhi, he immediately realized that he had tripped up.
Sharma was replying to a student's question at the IIT-B Techfest on whether his response to her question 'How does India look from the space?' was deliberate or impromptu. The astronaut promptly said, "Why do you think it was not impromptu or original? "When answering to Mrs Gandhi's question, I must admit that I was having a great time in space. Fortunately, I couldn't see her and could only h
NEW DELHI: Himanshu's long wait for food has finally come true after more than two years' wait that involved being hospitalized 11 times, undergoing six surgeries and suffering from serious infections thrice.
Himanshu, a 30-year-old software engineer who has had better luck than the 23-year-old Delhi gang-rape victim Nirbhaya, has become India's first recipient of a successful intestinal transplant.
Had Nirbhaya lived long, she too would have ultimately needed one.
Back in 2009, Himanshu had complained of severe stomach ache. An emergency laparotomy was conducted and doctors found that he was suffering from thrombosis (blockage) of the
31 Mahindra XUV 500s traveled across 9 countries, covering a total distance of 8000 kilometres and spreading the message of solidarity. Here's a look back to the 2012 ASEAN-India Car Rally. 31 Mahindra XUV 500s lined up on the Marina Bay Street Circuit, Singapore for the official flag-off of the ASEAN-India car rally. Source: http://in.news.yahoo.com/photos/asean-india-car-rally-a-retrospective-in-pictures-slideshow/;_ylt=AnDGacu7c4dVZGEYG1wYz426scB_;_ylu=X3oDMTQ4dmRvYnAyBG1pdANNaXhlZCBMaXN0IEF1dG9zBHBrZwNmMDUwM2Y5ZS1jNTNkLTM1NWYtYjRkMy0xZTJmOWYwZDI5YzIEcG9zAzEEc2VjA01lZGlhQkxpc3RNaXhlZExQQ0FUZW1wBHZlcgNjMGY1M2RlMi01NTkyLTExZTItYmY2YS0yYTg0ZDNiOTM0ZDA-;_ylg=X3oDMTM2cnJyaG
From shaking up the very foundations of the Indian government to stirring up unseemly controversies, from showing incredible courage in the face of extreme adversities to losing a reputation built over years of hard work in just a blink of an eye, from setting the electoral hustings afire with golden speeches to getting into trouble for not speaking at all, there were many 'newsmakers' in 2012 who caught the common man's imagination. Some made it for stellar reasons, others for all there is wrong with the society. Here are 12 'newsmakers' that deserve a mention. Why is Malala Yousafzai in this list? The answer is simple: because her story is one of staggering grit, c
Jimmy Sheirgill, who was to attend the Delhi premiere of his film Rajdhani Express on Wednesday, skipped it because he felt it is not the right thing to do at a time when the nation was crying for justice.
"I was shooting in Chambal, and I had done the interviews for this film over the phone. Then I was told of this press conference and premiere. I told them well in advance that I will attend the press conference, which I did, but not the premiere - because the latter, no matter how subdued, will involve celebration," he said.
Not only that, Jimmy also cancelled his NY celebration plans. "We were in no mood to party, and so, we ended up staying at
NEW DELHI: UPA chairperson Sonia Gandhi travelled in Indian Air Force aircraft and helicopters 49 times in the last seven years which included 23 trips with Prime Minister Manmohan Singh.
Congress general secretary Rahul Gandhi also travelled in IAF aircraft and helicopters eight times in the last three years, according to a reply received under the Right to Information Act.
Both Sonia Gandhi and Rahul Gandhi are not eligible to travel by IAF aircraft and helicopters so they have to travel in the company of eligible persons which includes the PM, the dy PM, the home minister and the defence minister for official purposes.
For unofficial purposes,
BANGALORE: IBM has appointed Vanitha Narayanan as managing director of IBM India. She takes over from Shanker Annaswamy who will continue to remain in IBM as the senior advisor to the corporation on India Enterprise. Both Narayanan and Annaswamy will report to Jim Bramante, senior VP in IBM growth markets unit. Narayanan will be responsible for all of IBM's sales, marketing, services and global delivery operations in the India/South Asia (ISA) region, including operations in Bangladesh, Nepal and Sri Lanka. She has over 25 years of experience working for IBM with multiple client sets and in several countries. Since 2009, she has been a part of the IBM ISA business, serving in roles
Tech giant Infosys said a newspaper report it was planning to fire up to 5,000 poorly performing workers was "wrong", although it encourages "chronic under-performers" to leave as part of its staff management.
Infosys, which is also listed in the United States, added the number of potential under-performers that could leave the company was "significantly lower" than the 5,000 quoted in the media report.
Earlier, Economic Times newspaper reported that Infosys has begun sacking employees at the bottom of the performance pile, returning to a practice it adopted during the peak of the global economic crisis in 2008 and 2009. The report
LUCKNOW: Rs 50,000 as compensation for being kidnapped, taken to Nagpur and raped in captivity for many days. That was what a panchayat in Uttar Pradesh has offered a 13-year-old who came to them with her tale of horror at the hands of a youth from the village.
The panchayat in Mauli village in Pratapgarh, about 170 km from here, pronounced its "judgment" late Thursday, police officials said Friday, even as RSS chief Mohan Bhagwat's comment that crimes such as rape take place in India and not so much in Bharat kicked up a massive controversy.
The girl has alleged that a youth sexually assaulted her in the village and then kidnapped her at gunpoint