What? Can't
access a computer, but want to share your thoughts with the world?
Who needs a computer? You can now blog away through your mobile
phone.
How does it work? After you register your number with
the service, you can shoot a photo or send an SMS or an MMS to
a short code. Your friends can view your mobile blog either through
their phones or on a web-browser.
When was it launched? Actually, Nokia India already hosts
a mobile blogging service which it launched alongside its N-series
phones. Users could send pictures and text via SMS or MMS to Nokia's
short code (5555).
Who else? Reliance Communications wants to enable M-blogging
for users who have multimedia phones. Other service providers
are also looking at m-logging options.
How expensive? Well, as of now there are no discounts
on data access/sending charges for mobile bloggers, so expect
M-logging to burn a largish hole in your wallet.
-Kushan Mitra
More Cores, More Power?
What is it? Quad-core processors mean that each chip
will have four processing cores, up from the two processing cores
on chips such as the Intel Core 2 Duo or a single core on regular
Pentium 4 chips.
Is it faster? Initial benchmark tests on Intel's 'Kentsfield'
chip (officially called Intel Core 2 Extreme QX6700) have said
the chip doesn't run non-threaded applications much faster, but
applications which do have 'threaded' software code, allowing
for different threads of code to be processed simultaneously,
run much faster. If you plan to get Microsoft Vista, a four-core
machine might come in handy.
For what? Initial chipset sales are expected only for
enthusiasts, but Intel expects that its server-spec 'Clovertown'
will see widespread adoption. AMD is also releasing its quad-core
chips codenamed 'Barcelona' by early 2007. It claims that unlike
Intel, which, it alleges, has sandwiched two duo-core processors
together, AMD will have a true 'quad-core'.
And costs? Expect quad-core processors to cost a hefty
premium over current processors. PCs with quad-core chipsets will
cost about Rs 1 lakh.
The catch? The Sony Playstation 3, out later this year,
will have an eight-core processor.
-Kushan Mitra
ECONOMY WATCH
INDUSTRIAL OUTPUT
Status: Up 10.6 per cent in the first four (April-July)
months of 2006-07.
Impact: Industrial production has been on an upswing
in the last three years mainly due to the robust performance of
the manufacturing sector. This buoyancy is a key drive of the
higher GDP figure which, in turn, are resulting in higher income
levels, employment and better infrastructure facilities.
STATE BORROWINGS
Status: Rs 23,663 crore proposed for 2006-07, up 8.90
per cent.
Impact: The mar4ginal rise in state borrowings will not
affect their fiscal deficits as the long-term trendline points
south. Result: reduced overdraft burden as state governments often
resort to this to bridge gaps in their finances.
-Compiled by Anand Adhikari
P-WATCH
A bird's eye view of what's hot and what's
not on the government's policy radar.
NETTING THE NET PLAYERS
RISING COSTS? |
»
Govt plans to rein in internet telephony
» Yahoo,
MSN operations may cost more
» Net
cos may be required to set up infrastructure
» Consumer
not likely to be affected |
Internet companies are likely to earn less from their Indian
operations. The government plans to rein in internet voice telephony
offered by internet companies like Yahoo, msn, Skype, Net2Phone
and Vonet, and treat the latter as Internet Service Providers
(ISP). The new bill: service tax to the tune of 12.24 per cent
of revenues and another 6 per cent revenues towards licence fees.
The move is not likely to make the services more expensive for
subscribers, industry sources say. "They (internet companies)
are charging the consumers more or less the same amount as we
do, but they are enjoying the tax benefits," says Rajesh
Chharia, President, Internet Service Providers Association of
India (ISPAI). If the internet companies are brought under the
licensing regime, not only will they have to pay taxes, they will
be required to set up infrastructure in the country. Even though
the policy is still in the works, it appears to be another move
towards a level playing field.
-Shaleen Agrawal
INSURANCE REFORMS GATHER PACE
If politicians and bureaucrats are to be believed, a consensus
on reforms in the financial sector is round the corner. The long-pending
Insurance Bill, which will enable a hike in foreign direct investment
in the sector, is expected to be tabled in the upcoming winter
session of Parliament. The proposal to increase FDI to 49 per
cent from the present 26 per cent has been hanging fire for quite
some time.
Apart from Insurance Act, 1938, the government plans to amend
Life Insurance Corporation of India Act, 1956, which will lead
to an increase in the minimum equity capital for LIC (presently
Rs 5 crore) to levels commensurate with the private insurers (Rs
100 crore).
So, once again the wait begins for the play out during the ensuing
Parliament session.
-Shalini S. Dagar
DRIVE EASY IN LEAN TIMES?
Remember 'happy hours' at the bar? That's how pricing is likely
to be decided on the toll highways. Travel during off-peak hours
will be less expensive. "The idea is to regulate congestion in
view of increasing traffic," sources in the National Highaway
Authority of India said. The rationale behind levying a higher
toll is to enhance project viability, as bridges in roads are
high cost structures. Meanwhile, the government has resolved the
issue of determing the annual inflation-linked increase in toll
rates-this has been now decided at 3 per cent. The tolling policy
will be given a final shape following a meeting of the committee
of secretaries, which is scheduled shortly. Evidently, the roads
sector is maturing.
-Amit Mukherjee
FIRST MOVER ADVANTAGE
Those who heat up the city homes first will get an incentive-a
licence to have distribution monopoly for a specified period,
depending on the extent of investment.
Apart from this salient feature, the proposed city gas pipeline
policy also disallows multiple players in any city for piping
cooking gas to homes.
The policy may, however, displease companies like Reliance which
had been seeking open competition in the sector. Few can argue
on that count.
-Amit Mukherjee
|
Shine: Less taxing times |
OUTSOURCE AND GAIN
Outsourcing in manufacturing is likely to get more attractive
with the tax authorities planning to keep out contract manufacturing
from the Tax Deduction at Source (TDS) net. However, this is applicable
only in cases where the entire product is outsourced.
In the event that a part is outsourced, TDS kicks in. Hence,
'contract on sale' will not attract TDS while 'contract on work'
will attract it.
Surely the festive season augurs well for those outsourcing
their manufacturing.
-Balaji Chandramouli
|