Monthly archives: January, 2013

Anand Sharma Assures Review of Posco Project

Meets UAE, Korean, Slovanian Ministers on the Sidelines of the Partnership Summit The Union Minister of Commerce, Industry and Textiles, Shri Anand Sharma met his counterparts from South Korea, UAE and Slovenia on the sidelines of the ongoing Partnership Summit at Agra today. During his meeting with Sheikha Lubna Bint Khalid Al Qasimi, Minister of …

Global Research Team Decodes Gene Sequence of Chickpea

Will lead to fast development of varieties with higher yield, drought tolerance and disease resistance In a scientific breakthrough that promises improved grain yields and quality, greater drought tolerance and disease resistance, and enhanced genetic diversity, a global research team has completed high-quality sequencing of not one but ninety genomes of chickpea (=gram / chana). …

Persistent Systems Revenue grows 14.7% and PAT grows 35% Y-o-Y

Pune, India – January 28, 2013: Persistent Systems (BSE & NSE: PERSISTENT), the global leader in software product and technology services, today announced the Company’s audited financial results for the third quarter ended December 31, 2012, as approved by the Board of Directors. “We continue to see growth in Product Engineering Services which grew steadily …

Strong start to Fourth Antwerp Diamond Trade Fair, as buyers arrive from China, Europe, Middle East, Russia and USA

Antwerp, Belgium – January 27, 2013:The fourth edition of the Antwerp Diamond Trade Fair opened today in Antwerp, Belgium. With scores of visitors waiting in line to collect their badges at the registration desk, foot traffic in the corridors of the Antwerp Diamond Bourse and the Diamond Club of Antwerp was strong, turning the exhibition …

The Global Economy in 2013: “Fragile and Timid Recovery”

The International Monetary Fund forecasts 3.5% GDP growth for the global economy in 2013 The economic climate is much better this year than last year, but the recovery is “fragile and timid” A new economic policy in Japan and strength in China and Africa provide glimmers of hope Davos-Klosters, Switzerland, 26 January 2013 – The global …

China’s Currency Unlikely to Topple US Dollar as World’s Reserve Currency

China’s currency, the RMB, is unlikely to internationalize in the short term The world needs to better understand how Beijing views its global responsibilities Davos-Klosters, Switzerland, 26 January 2013 – China’s currency, the renminbi (RMB), will probably not supplant the US dollar as the world’s reserve currency, except possibly “in the very long term”, said Lawrence …

Beware slow moving stocks – Dheer Kothari

Bargain hunting is a normal exercise which investors do to pick value at basement prices so that maximum returns can be derived over a period of time. This is normal behavior for any buyer of goods and services. When picking stocks it is worth remembering that while many value stocks become undervalued in depressed markets …