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IMF welcomes Chinese decision to invest $50 bn
The International Monetary Fund has welcomed the Chinese decision to invest $50 billion in notes issued by IMF which would help in addressing the issues of the global financial crisis in third world countries.

'Facebook' floods search bars, tops list
A research on top-10 searched terms by volume has rated ‘facebook’ as number one in the ‘net communities and chat’ category, indicating the brand recall that Facebook enjoys globally and how it has reached a massive audience since its general availability in December 2008.

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China threatens to ban import of Indian seafood
Beijing has threatened to ban import of seafood and other food products from India if New Delhi continues to restrict import of milk products from China, the government informed the Lok Sabha today.
International Business

Getting caught in the 'web' of love

Technology may just get you love, or so it seems according to a new report from internet security firm Symantec which reveals that more than a third of adults have used the web to flirt. The 45 million active internet users in India have been steadily using the web to socialise with people. - Nasscom wants to partner govt for "inclusive" growth - M J Antony: Catching up with science">M J Antony: Catching up with science - Govt clears nine SEZs; most belong to IT/ITES - Raja for 2-yr extension of tax sops for IT under STPI - Take Solutions in pact with South Korean firm - Biocon launches long acting insulin substitute “Nearly 83 per cent Indians have an online friend. Netizens are fast opening up to newer technologies such as instant messaging, social networking and texting that are being used to strengthen relationships to keep kids, parents and grandparents connected,” David Freer, vice- president (Consumer Business-APAC & Japan), Symantec, told Business Standard. Around 37 per cent Indians have rekindled romantic relationships and males tend to have more online friends than females do, while 70 per cent internet users in India even use webcams and visit social networking sites. Freer, however, cautions those looking for easy relationships over the web, “The internet can be a great place to find romance, but don’t forget the basics of safety and security apply to the virtual world as much as to the physical world.”


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