Tag Archives: Reach

Google’s Internet Bus Reaches Kolkata

Introduced in 2009 to serve large number of people in the region, Google’s Internet Bus project is on its newest way to educate and aware more people about the Internet.

After spreading internet awarness all over the country, including 11 states like Karnataka and Tamil Nadu, Google’s Internet Bus project is all set to enter Kolkata now. Moreover, the reports have also confirmed that the project will run through Uluberia on December 2 and will then cover some other regions like Haldia, Purulia, Asansol, Durgapur, Behrampore and Chandannagar.

“We had begun the internet bus back in February 2009 and now the bus will tour the state. We hope to create awareness about the internet as we believe that continuous efforts will enable the common man to utilize the knowledge”, said Google India Director Mr. Vinay Goel, who further added that bus is primarily targeting the first time users of internet, public places and schools.

In the recently started Google Internet Bus Project, the bus actually works with schools of the towns and helps them to learn more and maximum about Internet and its uses. The Google Internet Bus project is an initiative of Google India which aims to all the people aware about internet services and its uses by taking it into those regions of the country, where no one can even imagine. Latest, the project has entered West Bengal and will be serving the region for some time.

With help of the Google’s Internet Bus, the brains behind the project have been able to efficiently take computers and mobile terminals (all connected to the Internet) in the hinterland of India. Moreover, the project has also successfully covered 11 states and 130 cities so far by travelling 50,000 km.

Can India control Inflation and Manage to Reach Growth Targets

Indian economy faces tough times in coming quarters and Finance Ministry might find it difficult to keep inflation in control. Major trouble for the Indian economy is the expected slowdown in demand in western countries. The export related sectors might feel major impact on earnings and margins.

RBI has increased the base rates by 11 times since March 2010. The
interest rates for home loans have increased, putting more pressure on home loan consumers. New home loans have become expensive and this has bad effect on real estate sector.

With increasing borrowing costs, business owners are finding it difficult to raise money in India. There are many projects in infrastructure and power generation sector, which need higher investments.

With expected decline in manufacturing sector growth numbers, Indian companies may not be able to maintain the current margins. Stock market valuations for most companies have declined in the recent times. Banking, Real Estate and Technology stocks are trading near their 52-week lows. Major real estate companies are facing troubles for their housing projects. Brokerage houses across the world have given mixed outlook for Indian markets.

RBI expects inflation to remain higher for upcoming two quarters. The report points out that Inflation may reach 7% by March 2012. US Dollar has crossed Rs 46 level as FIIs continued selling during the past two weeks.

Goldman Sachs has said in recent research report that inflation will fall to six percent by March 2012. Goldman Sachs gives reduction in demand as major reason for the decline in inflation however, it is not sure that inflation can fall so much within 9 months. The oil prices are expected to remain strong in India and we have noticed in past that the oil prices generally do not go down in the country.