Friday saw a meeting between Microsoft Corp. CEO Steve Ballmer and the company's executives, where Ballmer expressed that the U. S. economy likely will not bottom out until about a year from now, and it will return to a slow growth-track only after a few years

Furthermore, the chief executive of the world's largest software maker made an effort to rally troops at the company-wide meeting but stood by plans to lay off up to 5,000 employees, or about 5 percent of the workforce. The company which announced its biggest-ever job cuts a day earlier thinks the decision taken by it is fine.

Rate falls back to open Asia but rallies to trade better on the day after MPC Blanchflower comments fail to depress the rate; light stops seen on the move over the 1.3700 area as late shorts get squeezed. Aggressive bids seen and the rate recovers as New York trades. Two-way action continues suggesting that shorts are aggressively adding and longs are trying to find a bottom with shorts losing this morning.

Stops and aggressive selling drive the rate to a 23.0 year low last week. Short-squeeze delayed after first attempt to rally was sold back. Overnight economic news seen as neutral to bearish; rate trading on technical's now.

It might be a bit sad to know but the hard fact is that latest technology always takes over the old, making it completely extinct from the scene. In a similar fashion, rumors are spreading all around that the desktop computer might be killed if Google's service "GDrive" comes to the scene, which would let the users access their PCs from anywhere with just an Internet connection.

As of now, Google has not confirmed GDrive but it has been learnt that it might be launched this year. It is being seen as the most awaited product by Google so far.

After opening negatively on Friday (Jan 23), Indian equities managed to return into the positive terrain but fell into the red once again as investors turned watchful on account of weak global reaction.

In lacklustre trading, the 30-share index BSE Sensex lost nearly 140 points amid investors awaiting fresh signals from RBI’s quarterly credit policy review scheduled for Tuesday.

Obesity is a major health problem in the world. It has been on the rise in the United States and many other countries. It also gives rise to other problems such as diabetes, heart disease and stroke.

Now, a new study has disclosed that even a moderate weight reduction can be helpful for obese individuals to keep away from various cardiovascular diseases.

Doctors at the Methodist DeBakey Heart & Vascular Center in Houston showed that reducing weight virtually lowers the risk of having metabolic syndrome.

After working with Konkona Sen Sharma (Page 3, Traffic Signal and a one scene appearance in Fashion), Tabu (Chandni Bar), Bipasha Basu (Corporate) and Neetu Chandra (Traffic Signal), ace Bollywood producer Madhur Bhandarkar has once again roped in Mugdha Godse, who already worked with him in ‘Fashion’, for his forthcoming movie ‘Jail’.