Friday, August 14, 2009

World Today: News HeadLines

Todays News HeadLines          Friday, August 14, 2009
 
Top News
Your secrets in the workplace may not always be a secret, as a study conducted among Indian workers reveals.
Many Web designers are staging a protest against the old version of Microsoft's browser, the Internet Explorer 6 (IE6).
Technology
The growth of the information technology (IT) security market in Asia Pacific dipped to 28.3 percent in 2008 from 36 percent a year before.
Everonn Systems India which provides technology-enabled learning and training solutions, has bagged an order worth Rs.91.87 crore from the State Government of Uttar Pradesh.
 
Business
Global rating agency Standard and Poor's (S&P) raised India's growth forecast for the current fiscal from 5.8 percent to 6.3 percent taking into account the improving performance of the industrial sector.
India and the 10-member Association of South East Asian Nations (ASEAN) signed a major economic pact after six years of talks, hoping to widen the access to their respective markets of 1.7 billion people.
Finance
Fueled by the tax reform plans announced by the government and the global cues, the Indian equity market surged by 498.33 points from its previous close.
The government initiated radical tax reforms through a draft code that aims at moderating income tax rates, abolishing securities transaction tax and increasing deduction for savings up to Rs.3 lakh.

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