DGSCL to re-start collecting toll fee on Delhi-Gurgaon expressway from today evening

DGSCL to re-start collecting toll fee on Delhi-Gurgaon expressway from today eveningThe Sirhol toll plaza on the Delhi-Gurgaon expressway will once again start collecting toll fee from all vehicles from today (Tuesday) evening.

The Punjab & Haryana High Court on Monday lifted the ban on toll fee collection that had been imposed on 4th of September.

State spending on education, health outgrows GDP growth rate

State spending on education, health outgrows GDP growth rateThe state spending on health, education, family welfare and scientific services grew faster than nominal gross domestic product (GDP) growth during the period between financial years of 2003-04 and 2010-11, a fresh research by Crisil revealed.

Crisil analysed the trends in government spending of Centre as well as states from 2003-04 to 2010-11, and spending on education and health grew at a rate of 19 per cent and 17.5 per cent, faster than GDP growth rate of 15.3 per cent.

T-Mobile gets Nokia’s “exclusive” Windows Phone 8-based Lumia 810

T-Mobile gets Nokia’s “exclusive” Windows Phone 8-based Lumia 810With Nokia having earlier announced that its new Windows Phone 8-based handsets - the flagship Lumia 920 and Lumia 820 - will be limited to AT&T, the company has now revealed that it is coming up with an "exclusive" Windows Phone 8 device for T-Mobile --- the Lumia 810.

WSJ: Apple has placed orders for 10 million panels for ‘iPad Mini’

WSJ: Apple has placed orders for 10 million panels for ‘iPad Mini’ The Wall Street Journal (WSJ) has revealed in a Monday report from Taipei that approximately 10 million panels have been ordered by Apple for its still-to-be-announced and not-yet-officially confirmed `iPad Mini' tablet --- the much-rumored smaller, probably 7.8-inch, iPad.

According to the WSJ report, which substantiates a similar disclosure by the Taiwanese tech site Digitimes, Apple has placed big orders - with unidentified suppliers of its products - for the screen of the rumored `iPad Mini' tablet.

AMD launches its first tablet-optimized Z-60 microprocessor

AMD launches its first tablet-optimized Z-60 microprocessor In a move which is evidently aimed at taking on Intel in the Windows 8 tablet arena, AMD has recently announced the launch of a new Z-60 dubbed `Hondo' --- the company's first tablet-optimized accelerated processing unit
(APU), a term that AMD uses for a microprocessor.

According to AMD, the new Z-60 APU will be positioned in the Windows 8 tablet market above the Atom line from Intel, and below the i3 - the lowest-power Core processor from Chipzilla.

Excess liquidity may help interest rates to soften

Excess liquidity may help interest rates to softenIncreased liquidity in the banking system can force banks to slash interest rates, even as Reserve bank of India (RBI) has so far denied any plan to cut rates due to high inflation rate.

Ashutosh Khajuria, treasury head of federal bank, said that banks were sitting on excess funds of around Rs 4 lakh crore via excess government bonds.

Khajuria added that there was enough capability for banks to raise funds via other sources.

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