Monday, August 17, 2009

World Today: News HeadLines

News HeadLines        Monday, August 17, 2009
 
Top News
National space agency, Indian Space Research Organization (ISRO) has completed the design of Chandrayaan-2, with the collaboration of Russia's Federal Space Agency (Roskosmos).
Twitter is used mostly for pointless babble, than as a conversational or 'pass-along value' medium. A study has revealed that around 40.55 percent of the total tweets can be classified as "pointless babble" or the "I am eating a sandwich now" tweets.
Technology
This month marks the 25th anniversary of what is now widely acknowledged to be India's first defining steps towards an information and communications revolution.
Bangalore International Airport (BIAL) has announced the extension of its end-to-end managed services contract with Nortel for three years.
Business
India's arms imports are expected to touch $30 billion by 2012 even as the domestic defence market is poised to grow to $700 million in five years, according to an industry lobby report.
Though signs of an economic turnaround were starting to appear, a complete recovery for India's crisis-stricken exports sector would happen only by the year-end, according to an industry survey.
Finance
The Indian government is planning to set up an expert body called as 'Market Research and Analysis Unit' (MRAU) to detect early the possibility of fund raising with fraudulent intent.
Those who test positive for H1N1 - that is causing panic around the nation - can now claim expenses of the treatment, as per their insurance policy.

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