India and China, the largest developing economies of the world have decided to reduce their investments in the US government securities. The increasing level of fiscal deficit and unaccepted policies implemented in US have been some of the few reasons for its declining popularity. Once upon a time China was the single largest investor in… Continue reading »
Feb
14
Toyota’s calls and recalls
Global automobile giants like Toyota and Honda created a furor among their customers by announcing massive car recalls. Toyota plans to recall more than eight million vehicles while Honda has to recall more than one million. Toyota says that the drivers of these vehicles have reported unintended acceleration of their vehicles which is caused by… Continue reading »
Feb
06
Chicken fight or trade war?
In an answer to US imposing restrictions to import of Chinese tires, China has imposed anti-dumping duties of around 100% on imports of broiler chicken from US. China is the biggest importer of chicken products from US and with this move the American companies would be hit hard. In 2008 China imported more than 500… Continue reading »
Jan
31
Is IPad a threat to the conventional PC market?
Steve Jobs is known for creating revolutionary products and launching them like a box office thriller. The movie producers should learn a few tips from him! The launch of IPhone marked a new milestone in the history of tech products. Now, it is the time for IPad. What is IPad? In the last few years,… Continue reading »
Jan
25
Artificial Wings are getting used to crashes
At 0237 GMT a Boeing 737-800 took off from Beirut International Airport hoping to reach Addis Ababa in the midst of heavy rain and thunderstorm. Alas! It went off the radar just five minutes after take off. Eighty three passengers were on board along with seven crew members. The reason for the crash is not… Continue reading »
Jan
04
World’s tallest building, Burj Dubai, opens on 4th Jan
Finally, after years of construction, Dubai is set to open doors for the world to see the tallest building made ever on 4th Jan 2009. This mammoth 160th plus story structure could pave the way for the revival of Dubai’s economy which has been in trouble since December in 2009. With many creditors abandoning Dubai… Continue reading »
Dec
22
Small is Big!
with the successful launch of TATA NANO (Smallest/Cheapest Car), TATA Swach (Cheapest water purifier: Threat to bottled water industry), micro financing products and other nano products, the “B” word seems to be dampening. TATA with its bottom of the Pyramid approach is poised to revolutionize the way world thinks. As C.K. Prahlad said in his theory that the real money is residing in with the people at the bottom.
Nov
07
This is the country for you!
How many of you want to live in the country of your choice? Which country is the best to live in? A survey from 2007 to 2009 in 135 countries by Gallups revealed that 16% of the worlds adult population would like to leave their home country for a country of their choice. This 16%… Continue reading »
Nov
04
Cloud Computing is here
Nivio, a Swiss company, promoted by two Indians provide storage and rent a software service to over 2.5 million customers around the world. Cloud computing eliminates the requirement of huge storage space for storing software and data at the user level. This technology works on a central server where all the major softwares are stored.… Continue reading »
