Saturday, April 11, 2009

Inflation- The factor of Concern

THE annual rate of inflation measured in terms of the wholesale price index (WPI) on a point-to-point basis declined to 2.88 per cent for the latest recorded week ended January 29 from 3.31 per cent in the previous week. It had remained above the three percent mark in the preceding three weeks.

Organisation (ILO), Mr. Juan Somavia, today asserted that it was not true that the globalisation process was ``unshakeable and untouchable'' and warned that it would not last long because ``it is not delivering benefits'' to the majority of people, parti cularly the poor and even to the middle-class across the world.

INDIA should be a signatory to TRIPs Agreement as most of the benefits of TRIPs agreement will flow into the country, the former Deputy Director General, World Intellectual Property Organisation (WIPO), Mr. Shahid Alikhan, said.

 ``THE Government is worried about the valuation of infotech stocks, which is zooming with lighting speed,'' the Union Minister for Information Technology (MIT), Mr. Pramod Mahajan, said here on Tuesday. BANGALORE: Compex Systems Pte Ltd has launched its latest network products GR3008, an ultra-fast gigabit hub for the data intensive environment and modem routers NETPassage 11 and 12 for office connections and Internet sharing, creating a complete soluti on for home and small office users.

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