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1452 IST, Sunday, August 07, 2011
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India's forex reserves at new high of $319 bn  
Valuation gains on both euro and gold contribute to increase.

'Medical tourism to touch 10.8 billion USD by 2015'  
Market size of the Indian medical tourism sector is likely to more than double to 10.8 billion USD by 2015 from 4.5 billion USD at present, industry chamber Assocham said in its study.

India's steel production to reach 120 MTPA: Mishra   
India is set to produce an additional 40 MTPA of steel in next three years taking its total steel production to 120 MTPA by 2012-13, a top official said.

Indian healthcare industry poised for rapid growth  
The Indian healthcare industry is set to grow rapidly this decade due to rising life expectancy, higher income levels, health insurance proliferation and growing incidence of lifestyle-related diseases, a top health-sector entrepreneur said.

Dried fish is sold along with other fast foods at the restaurant cum shop.
A window to Nigerian delicacies in Indian capital  
By Nazia Jafri
If you're game for some okro soup and jellof rice, step right in. A restaurant in the capital rustles up many non-spicy Nigerian delights, cooked with herbs, that Indian foodies love to come back for.

Kenya plans fighting diseases with mobile phones  
Researchers in Kenya are advocating use of mobile phones to enable people seek timely help against diseases like malaria and malnutrition.

Nigeria launches new anti-malaria drug  
A new anti-malaria medicine developed in China has been introduced in Nigeria to contain the spread of the disease in the west African nation.

India ranked 6th globally in materials science research  
By: M. Somasekhar
From the Iron Pillar near the Qutub Minar in Delhi to the foundries in the central Indian district of Bastar, where the tribals sculpted figurines from smelted iron and brass hundreds of years ago, metallurgy and materials sciences has had a long tradition in India.

Weather alerts for Indian farmers reap rich dividend  
By Anjali Ojha
In a country where close to 60 percent of the 1.21 billion population still depends on agriculture for a living, short and timely alerts to farmers about the weather have led to huge economic benefits.

Urine test can detect tuberculosis  
By K.S. Jayaraman
Indian scientists at the International Centre for Genetic Engineering and Biotechnology (ICGEB) in New Delhi have shown that tuberculosis may be diagnosed in future using a fast, inexpensive urine test.

Beat diabetes with a wheat and rice free diet  
By Madhusree Chatterjee
Forget the much advertised cornflake or the humble roti and rice -- they can kill. Workday menus of Indians living in big cities are being redefined by the fear of proliferating diabetes brought on by stress and poor diet, say leading lifestyle doctors and diabeticians.

Nigerian bank picks Infy's Finacle  
Wema Bank Plc, a mid-size commercial bank in Nigeria, has selected Infosys' Finacle as its banking solution for offering retail banking services through its 150 branches. Infosys will implement Finacle core banking, consumer e-banking and treasury solutions at Wema Bank.

Indian firm buys Zimbabwe Steel co  
Essar Group said that it has completed the acquisition of Zimbabwe Iron and Steel Company (ZISCO).

India's foreign office to get youth boost  
In a pioneering initiative, India's external affairs ministry is set to open its doors to young scholars for an internship programme that will enable it to tide over manpower crunch in the short run and help augment much-needed research capacity in the formulation of foreign policy.

India may build large nuclear power plants  
India is considering building large sized nuclear power plants in technical collaboration with some foreign vendors, the Lok Sabha was informed.

India, Tanzania to expand trade  
India pitched for boosting trade with Tanzania when a nine-member Tanzanian parliamentary delegation met Lok Sabha speaker Meira Kumar.

Tanzania to conduct research on Mt Kilimanjaro volcano  
Tanzania plans to conduct a research on Mt Kilimanjaro to check signs of volcanic activity following recent volcanic incidents in different parts of the world.

Botswana world's top diamond producer in 2010  
Botswana regained in 2010 the spot of the world's biggest rough diamond producer by value, after it had slipped to second place in 2009, says latest official statistics.

Aryan Indian Engineers personnel installed and trained local engineers and technicians in Ghana  to work on the $300,000 silk production project. Indian engineers to re-start Ghana's silk project  
By Francis Kokutse
Indian engineers who worked on a silk production project in Ghana have been asked to return as the machines had been lying idle for over seven years for lack of trained local engineers, officials said.

India Inc raises $3.33 bn in June via ECBs, FCCBs  
India Inc raised over $3.33 billion from overseas markets in June through external commercial borrowings (ECBs) and foreign currency convertible bonds (FCCBs), the Reserve Bank of India (RBI) said.

India's synthetic rubber consumption up 12 pc in Apr  
India's synthetic rubber consumption rose by 12 per cent to 36,890 tonnes in April, 2011, while domestic production rose by almost 13 per cent to 9,262 tonnes in the same period, according to the Rubber Board.

A tracking system for immunisation in India  
In a major stride towards ensuring that children and pregnant women get basic immunisation, Indian government has a tracking system for vaccination in place, Health Minister Ghulam Nabi Azad said.

Sohan Qadri used dots, linear patterns and complex textures in his art which was influenced by yogaIndian tantrik art moving beyond traditional icons  
By Madhusree Chatterjee
The repertoire of Indian tantrik art has expanded over the years to co-exist with other forms. The dots, squares, mandalas and the flaming core consciousness usually represented by a red or yellow ball of paint are playing with complex forms, geometry, size and coloured textures on the contemporary canvas.

Zambian emeralds sparkle in Indian jewellery  
The World Land Trust and the ethical gemstones mining company, Gemfields, together with the Gemological Institute of America's India chapter and the Jaguar Land Rover, have collaborated with ten of India’s top jewellery designers to create a unique ‘pop up’ collection of exclusive Zambian emerald jewellery, "Emeralds of Elephants", to save the Asian elephant under seige.

Top IT cos in India log $84 b revenue in FY11  
Top 200 IT companies in India logged a combined revenue of $84 billion (Rs 384,250 crore) to achieve an average growth rate of 25 per cent in 2010-11, the highest in the past four years, according to a survey.


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