Govt Is Likely To Ease Norms For FDI Inflow

The Indian government can ease norms of foreign direct investment in the country. It is seriously discussing the matter to liberalize the rules for FDI. The Indian financial system is facing liquidity crunch following global financial crisis. It would soon take more steps to safe Indian interests from global slowdown.

The Department of Industrial Policy and Promotion (DIPP) and the finance ministry are working on the idea to ease cap on FDI in single-brand retail. Thus, 100% foreign investments are possible in coming days. It is noted that Indian norms permits only 50 per cent FDI in single-brand retail. The proposed steps may lead to increase foreign funds inflow in India and ease liquidity crisis.

Mamata Threatens Legal Action Against Ratan Tata

Mamata Threatens Legal Action Against Ratan TataTrinamool Congress chief, Mamata Banerjee has demanded apology from TATA chief Ratan Tata. She criticized him for his derogatory remarks in his letter.

TATA has written an open letter to the people of the state describing circumstances that led to relocation of his dream car project from the state. The letter was published in all leading newspapers of Kolkata. He specifically mentioned the negative role of Trinamool in Singur pull out.

Outer Space Reported To Have Bizarre Smells

Outer Space Reported To Have Bizarre Smells Recently NASA experts told that outer space smells like fried Steak and like a hot metal and welding of a motorbike.

All these strange smells were reported after the astronauts came back from space walk.

Now, Steven Pearce of British fragrance firm Omega Ingredients, commissioned by NASA will reproduce these smells in the laboratory with the aim to help the astronauts to prepare for their missions. Hopefully, these smells would be created by the end of this year.

Spacecraft Launched By NASA To Study Solar Wind

Spacecraft Launched By NASA To Study Solar Wind With the aim to study the weakening solar wind that protects planets in the solar system from dangerous cosmic rays, the Interstellar Boundary Explorer (Ibex) was launched by Ibex.

The Ibex spacecraft will carry out very extremely high-altitude orbits above Earth over the next two years, in order to examine and capture first images of processes taking place at the interstellar boundary - the farthest reaches of the solar system.

Salary Cuts Ahead At Airlines

Salary Cuts Ahead At AirlinesMany leading airlines are considering salary cuts of their employees to reduce operating cost. Earlier, they want to start a retrenchment drive to deal with the crisis in the aviation sector. But they seem to drop idea after stiff opposition from the political class of the country. Jet Airways has already taken back its sacked staff.

Epson Creates Its Latest Epson EB-1725 & EB-1735W Projectors

Epson Creates Its Latest Epson EB-1725 & EB-1735W Projectors Recently, two ultra portable multimedia projectors dubbed as the Epson EB-1725 and EB-1735W were announced to be launched soon by Epson, which has been specially created for people who travel quite often or need mobile presentations.

The weight of these projectors, which provide about 2000:1 contrast, is 1.8 kgs.

The new projectors, which give the options of standard or widescreen presentations, have been equipped with 3,000 ANSI lumens of brightness.