What is Micropayment

So, what is a micropayment? It is a non-cash transaction — using mobile phones or swipe cards — involving payment of less than Rs 250. The basic objective is to enable small purchases without using cash. For example, a villager buying soap worth Rs 20 should be able to pay for it from his mobile. [...]

Hillary’s new agenda 3.0 for India with caveats

Every deal with the US comes with a set of cons. US is now a depleting power house, but still it always manages to get squeeze more out of every deals (at-least with India). Civil nuclear agreement is good for India, however there are fears that we might be force to sign NPT or CTBT. [...]

2009 Election : A $3 bn Celebration

India’s National Election Spreads $3 Billion Around – NYTimes.com
Candidates and parties spent $3 billion on everything, including transportation, advertising, celebrity endorsements and cash bribes over the course of the campaign, according to economists and political analysts. In comparison, the last United States presidential campaign cost an estimated $2.4 billion.
The campaign, which will wrap up Saturday [...]

Quote : Credit Crunch

"What worries me most about the credit
 crunch is that if one of my cheques
 is returned stamped "insufficient funds",
 I won't know whether that refers to mine or the banks!"

10 Companies gain Rs 66,000 Cr in MCap

Amid these troubled times Indian economy is going great guns. Last week the country’s 10 most valued firms witness an addition of over Rs 66,000 Crore in their market capitalization. It included 6 public and 4 private sector companies. Reliance Industries again hit  Rs 2 trillion valuations.
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