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Yesterday, it was announced that victims of the Equitable Life scandal will get compensation for their loss. But it will be less than that of 25 per cent of their loss.

50% of the total people were snagged in one of Britain's biggest financial fiasco. These people will receive a payout of below £250.

Moreover, they will not get the payment immediately; they have to wait for at least six months. This is due to the fact that the first payments will be released to the earlier victims.

A report of 4 pages by Thomas Costerg and Sarah Hewin gave UK stagflation permission to create a risk of BoE (Bank of England). The reports have claimed that, the rates should not go up during the year 2011. The claims done in the reports have become a topic of discussion.

The reports discussed about how pensioners, homeowners and savers must prepare themselves for the future.

As per the BoE's figures, there has been an increase of 3.7% in the rates.

Soon, people in UK will be able pay even their sandwich bill via mobile phone. Network operators have now came up with this unique service in UK. This has been planned to be rolled out soon in the European market.

It has also been claimed to be the first ever mobile payments service in UK. By this summer, the customers may avail the mobile payment service. The mobile operators have partnered with Barclaycard for this purpose.

India's third-largest software company Wipro has recently observed a change in the management structure by quitting dual-CEO model. In last few months, the company has not seen growth as compared to its competitors. Azim Premji has appointed TK Kurein as the undisputed chief executive in replacement of Suresh Vaswani and Girish Paranjpe.

NDA working chairman L K Advani has r

At the World Economic Forum at Davos, the Bharti Group Chairman and CEO said that people are more concerned about the problems, scams, rising commodity prices, global economic risks and increasing unemployment in the country.

Instead of talking about these problems, people should divert their attention towards the constructive issues of the country, as rest of the world considers India is a great place to do business and hence make investments in the country. It's the time to celebrate our success.