Goindocal news of last 24 hours

Breastfeeding May Help Prevent Attention Disorder in Children: Study

Fri, 17 May 2013 14:04:44 +0530

Are you noticing irregular attention symptom, deficit or hyperactivity, in your children? This might be because of less or no breastfeeding at all, according to a research finding of a team of Israeli researchers published in a journal Breastfeeding Medicine.

Bajaj Auto Q4 net down 1% at Rs 7.66 bln, sales drop 4%

Thu, 16 May 2013 17:25:49 +0530

The second largest motorcycle maker of India, Bajaj Auto reported marginal 1% on-year drop in its net profit for January-March quarter of 2012-13 at Rs 7.66 billion as demand for two-wheeler fell.

Saibaba Temple Earning at Rs14.41 bln in 5-year

Wed, 15 May 2013 18:51:57 +0530

India shining or not shining is a favorite topic debate for socio-economist, and i personally don\'t see it shining seeing millions starving and farmers committing suicide in hinterlands. May be, i am bit pessimist when it comes to counting happiness. Almost half of India lives a life of fulfilling bare-minimum necessity, as government likes to put them in category of \\\"Below Poverty Line\\\", and paradox is it that some temples earn billions every year in donations in the name of spreading happiness.

India to Launch Inflation Index Bonds on June 4

Wed, 15 May 2013 17:14:41 +0530

In a move to protect savings of poor and middle classes from inflation and incentivize household sector to save in financial instruments rather than buy gold, India\'s Ministry of Finance on Wednesday announced the launch of Inflation Index Bonds (IIBs).

IndusInd Bank Q4 Net Profit Jumps 38% on-yr to Rs3.07 bln, stock up 7.22%

Thu, 18 Apr 2013 21:32:32 +0530

India's private sector lender IndusInd Bank, a Hinduja Group owned bank, reported 38% on-year rise in its net profit for the fourth quarter at Rs 3.07 billion crore, helped by robust interest income.

Honda Launches First Diesel Car 'Amaze', Starting at Rs 4.99 Lakh

Fri, 12 Apr 2013 18:01:32 +0530

s a car lover you might say its late for Japanese automobile major Honda Motor Company to foray in diesel segment, but the Thursday launch of "Amaze" is really amazing in many ways, specially in terms of price.

India's March Car Sales Drop 22.5% on-yr, FY13 sales drop 6.7%

Wed, 10 Apr 2013 14:41:53 +0530

It seems the much hyped highly potential Indian middle-class market for cars was just a roughly calculated projection based on so many rosy assumptions. At the latest data released by the Society of Indian Automobile Manufacturers (SIAM) says so.

Chashme Buddoor: A Painful Comedy from Camp David

Fri, 05 Apr 2013 16:32:41 +0530

When someone like David Dhawan, with reputation of popularizing double meaning dialogue and khatiya songs, tries to remake a cult film like Chashme Buddoor, one needs to be very cautious as tickets in cineplexes are no more cheap.

Arvind Kejriwal Shaping Silent Revolution in India

Fri, 05 Apr 2013 15:27:12 +0530

What makes someone like Arvind Kejriwal, the activist turned politician and founder of Aam Aadmi Party (AAP), so passionate to go on hunger strike or fast for a cause like electricity billing. His fast entered 14th Day and unlike earlier such episode this time there is now media hype.

Google to Launch New Nexus 7 Tablet with Snapdragon Processor in July: Report

Wed, 03 Apr 2013 18:56:48 +0530

With Tablet war intensifying at the bottom of the pyramid section, search engine giant Google Inc diversifying its offering with the launch of a new version of its Nexus 7 tablet in July, according to a report by Reuters.

India's Services PMI Drops to 51.4, Lowest in Six Months

Wed, 03 Apr 2013 18:24:10 +0530

The HSBC services Purchasing Managers\' Index released on Wednesday showed that service sector growth eased in February to its slowest in last six months. The index, based on a survey of around 400 companies, fell to a 17-month low of 51.4 in March from 54.2 in February.

India Can Get Back to 8% Growth: Prime Minister

Wed, 03 Apr 2013 13:19:15 +0530

India\'s economist prime minister Manmohan Singh, known for his liberal economic policies, might be facing challenges on multiple fronts but he is optimistic of reigniting the growth engine and regaining the lost momentum and touch the 8% mark.

Govt Hikes Jute MSP by Rs 100 per quintal to Rs 23,00

Wed, 03 Apr 2013 12:39:54 +0530

Indian Jute farmers, struggling with rising input cost and relatively low returns, have something to cheer about as the Cabinet Committee on Economic Affairs on Tuesday approved Rs 100 rise in the Minimum Support Price (MSP) of Jute.

Keep It Up! From Google

Fri, 22 Mar 2013 23:26:25 +0530

Today Google lounged new Android application Google Keep to make your life simpler and better.

You can download “Keep” from Google play but your device should be 4.0 ICS (Ice cream sandwich) or above to enjoy the benefits of “Keep”.

DMK Drops K-Bomb on UPA II, Bids Adieu with Conditions

Tue, 19 Mar 2013 13:30:23 +0530

Manmohan Singh\'s latest learning is the shocker from DMK supremo, M Karunanidhi, who said \'Good Bye\' to the UPA II and withdrew from the government over the Sri Lanka issue. The latest chapter involves, central government, a regional party and international issue. Interesting isn\\\'t it.

RBI Cuts Repo Rate by 25 bps, DMK Shocker Dampens Market Sentiment

Tue, 19 Mar 2013 12:12:26 +0530

Despite headline inflation at 6.84%, with food inflation in double digit, the Reserve Bank of India (RBI) preferred to go with the market expectations and cut the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points from 7.75% to 7.5% with immediate effect.

Thai Massage: A Man Who Helps You Regain Momentum

Mon, 18 Mar 2013 20:33:28 +0530

If you want to test the natural strength of your muscle and bone, i would recommend you to plan a long road trip in Indian roads, specially through state-highways. Believe me, the the ride will test you strength as you will feel fragmented and split but still alive. I did that recently, and it took a week or so for me to regain the lost strength, and special thanks goes to Mr. Shyam, a Thai Yoga expert, who helped me not only recover but realize the new potential of my body.

Job Burnout Increases Risk of Coronary Heart Disease by 40%: Study

Fri, 15 Mar 2013 15:12:39 +0530

Isn't is very common in any workplace, almost every one--from bottom-to-top in corporate hierarchy--complains about job burnout and its direct impact on health of heart and mental health.

WPI Feb: India's Inflation Surge to 6.84%, Food Inflation at 11.38%

Tue, 19 Mar 2013 12:41:48 +0530

Market is positively expecting policy rate cut from India's central bank, which already hinted some move in that direction to boost economic growth, but wholesale price index (WPI) released on Thursday might dampen the sentiment.

UPSC Announces Mega Shift in Civil Service Main Examination, Details

Wed, 06 Mar 2013 10:49:09 +0530

In a tectonic shift, the Union Public Service Commission (UPSC)--the apex body to conduct examination for the selection of candidates for the all India services--announced mega changes in the pattern of exam. Although, it did not changed anything for the preliminary level but announced changes in the mains level.

Budget for Farmer: Fertilizer Subsidy Unchanged, Prices to Go Up

Fri, 01 Mar 2013 17:41:15 +0530

India's Finance Minister P Chidambaram, known for his mega-Budget announcements, might have either totally ignored or played ostrich trick with the country's fertilizer industry and farmers, who are under deep financial stress due to rising cost.

Maruti Suzuki Feb Sales Drop 8% on-yr, Stock up 5%

Fri, 01 Mar 2013 15:35:48 +0530

The Budget 2013-14 might have failed to give a booster dose for India\'s struggling auto industry, but the country\'s largest car maker Maruti Suzuki India Ltd (MSIL) somehow managed to maintain sales in expected lines and reported 7.89% drop in its total sales at 1,09,567 units for February 2013.

Renault India Feb Sales at 6,723 units with Duster Boost

Fri, 01 Mar 2013 15:20:45 +0530

Renault India Pvt Ltd, the fully owned subsidiary of Renault SAS, sold 6,723 units in February 2013, boosted by tremendous response for the newly launched SUV Duster. Renault\\\'s sales in the month rose almost nine-fold from the 673 units sold in February 2012.

Budget FY14: Direct Tax Highlight, No Booster

Thu, 28 Feb 2013 17:16:39 +0530

India's Finance Minister P Chidambaram presenting the Union Budget for FY14 in the Parliament today underlined the need for increasing the Tax GDP ratio. With an aim to achieve the 2007-08 high of Tax GDP ratio of 11.9% he said that the Tax GDP ratio was 5.5% for direct taxes and 4.4% for indirect taxes in 2010-11 are one of the lowest for any large developing country.

Budget FY14: Chidu Keeps Direct Tax Rates Unchanged, Introduces Rich Tax

Thu, 28 Feb 2013 17:13:55 +0530

Taking a defensive stance in rough pitch, Chidambaram said that there is little room to give away tax revenues or raise tax rates in a constrained economy. "I am afraid" he said adding that there is no case to revise either the slabs or the rates of Personal Income Tax.

Pope Farewell Speech: Benedict Says He Resigned for Good of Church

Wed, 27 Feb 2013 21:16:30 +0530

The 85-year old Pope Benedict XVI, who announced his resignation on Feb 11 due to "lack of strength of mind and body", bid farewell at his last general audience of over 150,000 in St Peter's Square in on Wednesday.

Want to Reduce Risk of Heart Attack, Start Mediterranean Diet: Study

Wed, 27 Feb 2013 21:03:01 +0530

If you are in the high cardiovascular risk category, with signals of type 2 diabetes, high blood pressure, obesity or family history, and strongly willing to lead healthy life, it would be better if you start moving towards a Mediterranean diet supplemented with extra-virgin olive oil or nuts.

C-Section Babies 5-times More Prone to Allergies: Study

Wed, 27 Feb 2013 21:01:38 +0530

The number of natural delivery is on decline, and accordingly the number of child birth by Caesarian section is on the rise. We have controlled the maternal mortality rate with the development of health care services, but if we go by the findings of Henry Ford Hospital study C-section babies are more susceptible to developing allergies by age two.

Rail Budget 2013-14: 67 New Express Trains Announced

Tue, 26 Feb 2013 16:23:07 +0530

The Minister of Railways Pawan Kumar Bansal has announced the introduction of 67 new Express trains, 26 passenger trains, 5 MEMU services and 8 DEMU services while presenting the Railway Budget 2013-14 in Parliament on Feb 26

Rail Budget 2013-14: Fuel-Linked Revision in Only Freight Tariff from April 2013

Tue, 26 Feb 2013 16:14:01 +0530

Say it a farsighted approach or anything you wish to say, India\'s Minister of Railways during his maiden Rail Budget speech Pawan Kumar Bansal announced the implementation of Fuel Adjustment Component (FAC)- linked revision in only freight tariff from April 1, 2013.

Rail Budget 2013-14: No Fare Hike But Hike in Charges of Tatkal, Superfast and Reservation fee

Tue, 26 Feb 2013 16:06:04 +0530

Although India\'s Minister of Railways Pawan Kumar Bansal gave some momentary respite to common citizen by not increasing passenger, but took pseudo route to increase the burden by announcing a marginal increase in some charges.

Rail Budget 2013-14: Gross Traffic Receipts for FY14 to Rise by Rs 180.6 bln

Tue, 26 Feb 2013 16:00:49 +0530

The Minister of Railways Pawan Kumar Bansal during his Railway Budget speech has said that a target of 1047 MT of revenue earning originating traffic has been kept for 2013-14, which is about 40 MT more than the current year. The freight earnings target has accordingly been set at Rs 935.54 billion, a growth of 9%.

85th Oscar Full List: Argo Angers Iran, Life of Pi Wins 4

Tue, 26 Feb 2013 07:44:18 +0530

If we keep dirty geo-politics of the world aside, for a few minute, this year's Academy Award definitely came up with better result covering full spectrum. Iran’s objection to winning of best picture by the hostage drama Argo is justified in one sense as the US First Lady Michelle Obama joined the presentation ceremony from the White House.

Japan Sanctions Rs 135 bln Loan for Widening of Patan-Gaya Buddhist Circuit Road

Fri, 22 Feb 2013 15:07:03 +0530

In a major boost to Bihar tourism industry, the Japan International Cooperation Agency (JICA) on Friday agreed to provide loan assistance of Rs 135 billion for the widening of the 127 km stretch of NH 83 connecting Patna to Gaya and Dobhi.

Micromax Bolt A35: Simply the Best at Rs 4250

Wed, 20 Feb 2013 20:22:54 +0530

Micromax, India's leading mobile handset manufacture, launched a new device A35 under the Bolt category with android gingerbread operating system. The latest device from Micromax comes with 'Flash Transfer' for better file sharing experiences.

BPSC Mains Result: Commission Says, it Will be Out in March

Wed, 20 Feb 2013 16:21:50 +0530

It seems painfull wait of thousands of students, who appeared in 53rd-55th BPSC Civil Services examination, is over as the commission in a mail reply to goindocal team has said “the result will come in March”.

India's Jan Inflation Eases to 6.62%, Food Inflation at 11.88%

Thu, 14 Feb 2013 20:09:05 +0530

In a comfort to India's central bank, the country's headline inflation, based on wholesale price index (WPI), eased marginally in January as the latest data showed that inflation surged 6.62% on-year marginally better than 7.18% recorded in December, 7.24% in November and 7.45% in October.

India's Jan Exports Flat at $25.59 bln, Trade Deficit Widens to $167.17 bln

Wed, 13 Feb 2013 13:49:10 +0530

India\'s exports in January rose by just 0.82% on-year to US$ 25.59 billion as against US$ 25.38 billion in same month last year. In rupee terms exports grew 6.67% on-year to Rs 1.39 trillion Rs 1.30 trillion during January, 2012.

IIP Dec: India's Industrial Growth Contracts 0.6%

Tue, 12 Feb 2013 14:59:26 +0530

India\'s Central Statistics Office projection of less than 5% GDP growth for 2012-13 might have some substance, as industrial production continues to be in decimals. Latest index of industrial production (IIP) data for the month of December shows that after a 0.1% on-year contraction in November, industrial growth in December contracted 0.6% on-year.

55th Grammy Winner: Ravi Shankar Wins World Music Album Award

Mon, 11 Feb 2013 20:53:11 +0530

The 55th annual Grammy awards ended on sweet note on Sunday with artists in 81 categories winning the gold-plated gilded gramophone trophies. This year wide range of artists won the award, with Dan Auerbach and the Black Keys winning four trophies each, followed by Skrillex, Gotye, Jay-Z and Kayne West claiming three each.

Bharat Forge Q3 PAT Drops 54% on-yr to Rs 475 mln

Fri, 08 Feb 2013 20:44:42 +0530

Bharat Forge Ltd reported 53.9% on-year drop in profit after tax for the Oct-Dec quarter of fiscal 2012-13 at Rs 475 million, as revenue fell 28.5% on-year to Rs 6.73 billion hit by 33.1% drop in exports revenue.

Mahindra & Mahindra Q3 Net Profit Jumps 26.28% on-yr, shares drop 1.41%

Fri, 08 Feb 2013 17:18:13 +0530

India\'s leading vehicle manufacturer Mahindra & Mahindra reported robust 26.28% on-year growth in its standalone net profit for the Oct-Dec quarter of fiscal 2012-13 at Rs 8.36 billion on the back strong vehicle sales despite weak industry growth.

India Govt Revises FY13 GDP Growth Projection Downward to 6.2%

Fri, 01 Feb 2013 11:51:04 +0530

Earlier last week, the central bank Reserve Bank of India (RBI) revised the country's Gross Domestic Product (GDP) growth for FY13 downward to 5.5%, and now the government today, at least little optimistically than the RBI, revised it downward to 6.2% from earlier 6.5%.

Bharti Airtel Q3 PAT Drops 72% on-yr to Rs 2.84 bln

Fri, 01 Feb 2013 10:48:19 +0530

India's leading telecommunication service provider Bharti Airtel Ltd reported 72% on-year drop in its profit after tax for the Oct-Dec quarter of FY13 at Rs2.84 billion as against Rs 10.11 billion in corresponding quarter in a year-ago period.

Pfizer Q4 Profit Jumps more than 4-fold to $6.3 bln on Nutrition Unit Sale Gain

Tue, 29 Jan 2013 18:32:56 +0530

Pfizer Inc, an American multinational pharmaceutical corporation, reported more than four-fold rise in its profit for the Oct-Dec quarter of 2012 to $6.3 billion from from $1.4 billion in the corresponding quarter a year-ago period.

Dabur India's Q3 Net Profit up 22% on-yr to Rs 2.11 bln

Tue, 29 Jan 2013 16:35:50 +0530

India's leading FMCG company Dabur India Ltd's consolidated net profit for Oct-Dec quarter of fiscal 2012-13 rose 22% on-year at Rs 2.11 billion, in line with the market expectation, the quarterly result released by the the company showed.

SRK Saga: Khan PR Works, Indo-Pak Busy in Less Deadly Issue

Tue, 29 Jan 2013 15:14:45 +0530

When it comes to religion, specially when it is related to the minority community, everyone in political establishment try their best to grab media attention. India's beloved cine star Shah Rukh Khan, popular as King Khan, might sometime feel threatened due to his religious identity but voicing his feeling in popular medium is definitely an act that will earn him more fans.

RBI Cuts Policy Rate and CRR by 25 bps

Tue, 29 Jan 2013 12:17:17 +0530

The Reserve Bank of India (RBI) on Tuesday announced the much anticipated policy rate cut of 25 basis points and reduction of the cash reserve ratio (CRR) of scheduled banks by 25 basis points.

RBI Revises FY13 GDP Growth Forecast Downward to 5.5%

Tue, 29 Jan 2013 11:14:33 +0530

Just a day before the much awaited and hyped policy rate cut, the central bank of India on Monday revised the country's Gross Domestic Product (GDP) for FY13 downward to 5.5% as against the earlier projection of 5.7%, with a note that a sustained commitment to contain the fiscal and current account deficits was needed to create room for monetary easing.

Menace of Eve Teasing Needs Special Legislation

Mon, 28 Jan 2013 14:09:30 +0530

At the outset , I have to begin with expressing my grave concern over the increasing incidents of eve – teasing against women. It is unfortunate in the extreme that crime incidents against women are spreading like a deadly virus which we can afford to ignore only at the cost of our own peril. No nation can even survive let alone prosper where women are not safe and crimes against women are perpetuated with impunity.