By August 4, 2014 0 Comments Read More →

World Last Week: 28 July’14- 3 Aug’14

Last Week News

  • IIT grads quitting jobs to start business in food sector

Many IIT graduates have left their high-profile jobs to start their own biz in the $48-billion flourishing food sector

  • ‘Why there’s no full-time Defence Minister?’ PM Modi plans to add more firepower through Jaitley

It’s becoming evident that trusting Jaitley with the portfolio was part of a well-considered plan by Modi — the fastest way to modernise defence.

  • Mobile tariffs to pinch you hard -TRAI may raise call rates by 8-9%

Telecom Regulatory Authority of India Chairman foresees mobile call rates rising by 8-9% over the year as phone companies weed out freebies.

  • Xiaomi, China’s ‘Apple-like’ smart phone maker, to take on Micromax & Samsung in India

China’s smartphone maker Xiaomi doesn’t like being called an Apple clone and in fact wants to take it on globally. Firstly, covering the emerging markets like India.

  • Government influencing affluent customers to voluntarily give up subsidized LPG

This is the 2nd stage of the campaign, in which many executives of state oil firms have started buying cooking gas at market rates.

  • WTO fails to reach an agreement on $1 trillion customs deal as India remains firm on its demand

The World Trade Organization failed to agree a landmark global customs pact among its 160 members by the July 31 deadline,” D-G Roberto Azevedo said.

  • Google working with Motorola on a 5.9-inch big smartphone ‘Shamu’

It’s not clear what the device will be called, but Motorola and Google are said to be calling it “Shamu” internally.

  • PM Narendra Modi arrives in Kathmandu on a two-day official visit to Nepal

Prime Minister Narendra Modi embarked on a visit to Nepal to help speed up negotiations on a power trade pact that is at the centre of a new effort to improve ties with a neighbour that serves as a buffer with China.



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