Close on the heels of Sony Ericsson, Samsung has also announced the release of two new handsets. Both the phones are stylish and imitate high end fashion accessories. The new models target the middle to high end of the customer base.

HTC has launched the P3350 in the Indian Markets. The phone is a happy mix of business and entertainment applications. Based on Windows Mobile 6 platform the phone is affordable at Rs 18,490.

The tariff war in the telecom sector could not get hotter. After leading private operators have cut down their call rates it was the turn of BSNL to have the last laugh. BSNL has announced a slew of cuts in call tariffs.

In a move to close in on black money and money laundering the government has announced a slew of measures. The Union Cabinet approved the introduction of Prevention of Money Laundering (Amendment) Bill, 2008 in Parliament.

In a newly circulated guidelines, Reserve Bank of India (RBI), India’s banking authority, has instructed all banks to include their derivatives on their respective bank balance sheets. According to the new release

India’s state owned bank SBI’s (State Bank of India’s) recent decision on restricting loan allotment to farmers may worsen the ongoing food crisis further; at least US may think so! Though, the decision is very likely to be revoked seeing the government’s pro-farmer image. With general election over head,