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Sunday, December 18, 2011

Reserve Bank of India kept its Policy Repo Rate unchanged at 8.5 percent at its Mid-quarter Review


The Reserve Bank of India on 16 December 2011 left its policy rate unchanged at a three-year high of 8.5 per cent. RBI paused the hike after 13 consecutive rate hikes since March 2010.

The Reserve Bank of India kept its policy repo rate unchanged at 8.5 percent at its mid-quarter review two days after data showed November wholesale price index inflation at 9.11 percent, far lower than the 9.73 percent clocked in October.

The RBI also left the cash reserve ratio unchanged at 6 percent, despite market specualtion that it might cut the ratio in order to boost market liquidity.

The central bank noted that while inflation remained on the projected trajectory, downside risks to growth clearly increased. It reiterated that further rate hikes might not be warranted as the growth momentum was moderating.
Retaining its option to raise rates again if inflationary expectations persist, the RBI mentioned that the timing and magnitude of further action would depend on how things panned out on the inflation and rupee fronts.

RBI’s policy statement stated that inflation risks remain high and inflation could quickly recur as a result of both supply and demand forces. Also, the rupee remains under stress.

The central bank that the GDP growth declined to 6.9 per cent in the second quarter (July-September) from 7.7 per cent in the first (April-June), and key deficit indicators worsened mainly due to higher expenditure and lower revenues.

Noting that liquidity conditions were tight, consistent with the policy intent, the RBI mentioned that it would conduct open market operations as and when it felt the need for it.

By monty with No comments

The best Google Chrome Extensions 2011

Picking the best from so many great add-ons was hard, but we did so. Here are our choices for some of the greatest extensions you can add to your Google browser.

Google Chrome continues to dazzle us at PCMag and that goes for the rest of the Web browsing world as well. Now up to version 17, Chrome remains our Editors' Choice for browsers because it's super-fast and has excellent security, bookmark and preference syncing, and strong support for HTML5. The browser tipped into greatness in late 2009 when it started to support extensions to give it almost unlimited customization.
The Chrome Extensions category of the Google Chrome Web Store has exploded since then, going from 300 to 11,500 in just the first 14 months. Two months ago, the extension gallery got a major facelift. Now, it's even easier to find the best items to install for extra features while surfing (albeit on a never-ending scrolling page full of icons).

We figured, why make you search and search when we can simply tell you what the best are up front? Here's our list of 22 fantastic extensions that all Google Chrome users should know. They'll increase productivity, security, and make the overall experience of using this already-great browser even better. Try them all and if you don't like them, type chrome://extensions into the browser's address bar, which lets you disable or remove all of them. You can also right click an extension's icon to ditch it. Disagree with our list? Have something to add? Tell us about your favorite extensions in the Comments area.
If there's an extension that's necessary for users of multiple computers—and even multiple browsers on the same or multiple computers—it's Xmarks. It ensures that your bookmarks, tabs, and even passwords are synchronized no matter what browser you use, be it Chrome, Firefox, Safari, or IE.




2. Readability
You'll need an account on Readability.com to take advantage of this extension, which provides just what it says: readability. If you're surfing the Web and you encounter an article or page you want to read but prefer to view it in a less cluttered interface, just click the icon. It will store the page in your account for later access. Readability will even shoot the page in question to your Kindle, or you can use the mobile app versions to read the articles on your phone and tablet. (Evernote Clearly has a similar extension and works with your existing Evernote account.)

and many more...

By monty with No comments

Hands on with Facebook Timeline

The new Timeline, which replaces your profile and wall, shakes Facebook out of the in-the-moment quandary and makes it less like Twitter.

Facebook has begun rolling out Facebook Timeline worldwide to all users. Timeline is, as one might expect by the name, a chronological, visual story of your life, as Facebook has recorded it (or as you choose to tell it).

This new feature replaces the user's Facebook profile page and wall - but currently only if you opt in. You have seven days to hit "publish" after enabling the feature, at which point it will automatically publish."
I keep two Facebook accounts, and I set up Timeline on one of them back in September when the feature became available to anyone with a developer account. Developer accounts are free to create, so the only real barrier to entry was time, but I thought this was a really good idea on Facebook's part. It gave the company a way to start a beta period that was essentially open but wouldn't be flooded by the social network's estimated 800 million members.

Since September, I've noticed a few changes to Timeline, but mostly they are small differences that make it easier to use.

Meanwhile, I left my second Facebook account as it was, which means when the feature became available to everyone, I could sign up for it again to make sure I went through the same enrollment and activation process that nearly everyone else would (see How to Get Facebook Timeline for a quick guide to turning on Timeline).


First Impressions of Facebook Timeline
My first impression of Facebook Timeline is that it's a cross between a visual blog and online scrapbook, at least in theory. In principle, it's more a rearrangement and different display of the information that's already in Facebook. It only becomes a scrapbook when you add detailed information that you might not have had before, like your birthday (with year), photos from childhood, and other memories that could fill in the gap between the beginning of your life and the beginning of your life on Facebook.
Like a scrapbook, pieces seem a little tacked on. If you expand all the expandable boxes, the word "hodgepodge" quickly comes to mind.

Overall design. I don't want to belittle the comment that Timeline is a rearrangement and different display of information, as design very often is a deciding factor between a good Web service and a bad one. Facebook Timeline is designed for activity. The page changes and moves as you scroll. Drop-down tabs at the top and right let you quickly jump to different points in time. The new arrangement emphasizes activity while deemphasizing basic info ("About" information, list of friends, etc.). As before, you have to click through to a new page to see the full information, but now there's an "About" summary right on the page, decreasing the chances perhaps that you'll link to the complete information. Likewise, little snapshots and thumbnail images for things like "friends" and "photos" may also satisfy your curiosity without you ever having to leave the Timeline page.

Cover image. Facebook has named the leading image on any Timeline page the "cover image." It's a large splash photo that you can change at any time, but is not your profile picture, which I like. You can choose any photo to represent you or your life without it being the picture people see of you. This is a welcomed addition. I get the sense that many people want to make their profile picture some image the captures how they're feeling or what they're excited to share at the moment, rather than a picture of their face. I have no problem with creative profile pictures, but there actually is a breakdown in the mechanics of Facebook when you can't identify your friends by sight; several of Facebook's authentication procedures require you to identify your friends. I've failed them on several occasions by staring blankly at pictures of infants, groups of people on a stage, and cartoon images of dogs.

Idiosyncrasies. The dimensions for the cover image are very unconventional, and I found that I didn't like how most of my images looked when I uploaded them without manipulating their size and cropping
them significantly. It's also a large space to fill, so higher-resolution photos work best. You can drag an image around the viewer space, but you can't crop or resize from directly within Facebook. (I'm taking bets now on how soon Facebook will build an image editor, or acquire a company that already makes one.)

History. Timeline solves one big Facebook issue: the matter of it being too in-the-moment. As it stands, the news feed generates flutters of sporadic activity all day long, kind of like Twitter. If you're not logged into Facebook when the activity happens, you might very well miss it. Your experience relies heavily on your timing. Of course, some status updates and activity rises to the top of your news feed based on popularity (another feature I appreciate in Facebook), but there's still some luck of the draw involved. Say you want to re-read something you remember your friend posted roughly two months ago. Her wall may have been flooded with the most recent activity, whereas her timeline is structured in a way that lets you more easily scan and look for the information you want.

Timeline creates a record of events, changes, and other activity, and makes it easier to read or comment on slightly outdated (or even very old) activity by person and time, so if other factors are what trigger your memory, it's still quite difficult to find older posts. There still isn't a robust search tool.

If you're wondering what appears on Timeline, the answer is pretty much everything you do on Facebook: status updates, photos, friendships made, job history, marital status changes, and other information that you've recorded on the social network. Timeline replaces your profile page and wall, only after you opt into it and either publish it or seven days after you enable it.

Final Thoughts
I must admit that I liked playing with Facebook Timeline a lot more than I liked filling in standard profile information, but it can also quickly feel overwhelming. With your profile, you only fill in as much as you want. With Timeline, you face a huge swathe of data that you've already created, and now you're tasked with making sure it's all appropriate and what you want the world to see. If it isn't, you have exactly seven days to change it. That's right. You have seven days (or fewer, if you hit the "publish" button sooner) to adjust your Facebook Timeline before it goes live. I like that's it's not immediate, but I don't like that users are forced into it. And there's no undo. Once Timeline is live, it's live for good.

You can always tease it into shape after the fact, changing permissions at any time, deleting or hiding images you don't want everyone to see, rotating out the cover image, and so forth.

By monty with No comments

Thursday, December 15, 2011

Reveal Asterisk(****) Passwords Using Javascript

Want to Reveal the Passwords Hidden Behind Asterisk (****) ?

Follow the steps given below-

1) Open the Login Page of any website. (eg. http://mail.yahoo.com)

2) Type your 'Username' and 'Password'.

3) Copy and paste the JavaScript code given below into your browser's address bar and press 'Enter'.

javascript: alert(document.getElementById('Passwd').value);


4) As soon as you press 'Enter', A window pops up showing Password typed by you..!


Note :- This trick may not be working with firefox.

By monty with No comments

Creating IM Bot

This quick tutorial will show you how to develop your own functional IM bot that works with Google Talk, Yahoo! Messenger, Windows Live and all other popular instant messaging clients.

To get started, all you need to know are some very basic programming skills (any language would do) and web space to host your “bot”.

For this example, I have created a dummy bot called “insecure” that listens to your IM messages. To see this live, add insecure@bot.im to your GTalk buddy list and start chatting.
If you like to write a personal IM bot, just follow these simple steps:-

Step 1: Go to www.imified.com and register a new account with a bot.

Step 2: Now it’s time to create a bot which is actually a simple script that resides on your public web server.
It could be in PHP, Perl, Python or any other language.

Example Hello World bot:
The example below illustrates just how easy it is to create a bot.
This example is coded in PHP.
<?php

switch ($_REQUEST['step']) {
case 1:
echo "Hi, what's your name?";
break;
case 2:
echo "Hi " . $_REQUEST['value1'] . ", where do you live?";
break;
case 3:
echo "Well, welcome to this hello world bot, " . $_REQUEST['value1'] . "<br>from " . $_REQUEST['value2'] . ".<reset>";
break;
}

?>

Step 3: Once your script is ready, put it somewhere on your web server and copy the full URL to the clipboard.

Step 4: Now login to your imified account, paste the script URL

Screen Name: insecure@bot.im
Bot Script URL: http://www.biteitzone.com/imbot.php

Step 5: Add that im bot your friends list. That’s it.

This is a very basic bot but the possibilities are endless.

For instance, you could write a bot that will send an email to all your close friends via a simple IM message. Or you could write one that will does currency conversion.

By monty with No comments

Remotely Shutdown Your Computer With Cellphone

 This video will show you how to shutdown your computer from anywhere using a cell phone, Microsoft Outlook and a free account from www.kwiry.com

By monty with No comments

Supreme Court:Water Level in Mullaperiyar Dam should not exceed 136 Feet

The Supreme Court of India directed Tamil Nadu to ensure that the water level in the Mullaperiyar dam does not exceed 136 feet but declined to entertain Kerala’s plea for reducing the level to 120 feet. A five-Judge Constitution Bench, headed by Justice DK Jain gave the order.

The Supreme Court asked Tamil Nadu and Kerala to maintain restraint on their statements on the Mullaperiyar dam row. Urging for sanity and sensitivity, the court lamented that they were adding fuel to the fire instead of dousing it. The Bench also asked the Centre to clarify its position on Tamil Nadu's plea for deployment of Central Industrial Security Force to protect the dam from possible vandalism.

By monty with No comments

Lok Sabha approved the Amendments to the Petroleum and Minerals Pipeline Act

The Lok Sabha on 12 December 2011 passed the amendments to the Petroleum and Minerals Pipelines (Acquisition of Right of User in Land) Act, 1962.

 The Bill aims to make provisions for sufficient deterrence to criminals from committing the offence of pilferage or sabotage. The existing sub-section (2) of section 15 provides that whoever willfully removes, displaces, damages or destroys any pipeline, shall be punishable with rigorous imprisonment of a term which shall not be less than one year, but which may extend to three years and shall also be liable to fine. Section 16 provides that offence under sub-section 15 shall be deemed to be cognizable under the Cod of Criminal Procedure, 1973.

The proposed amendments provide for higher quantum of punishment in terms of imprisonment and provision for death penalty in rare cases where the Act of sabotage is dangerous and is likely to cause death of any other person. The Bill further proposes to amend section 16 of the aforesaid Act to make the offences under sub-section (2), (3) of section 15 of the said Act to be cognizable and non-bailable. The amendment to the act was necessary to prevent pilferage of petroleum by organized gangs and saboteurs.  

By monty with No comments

Aakash tablet goes on sale online; pre-orders for UbiSlate 7 begin

The much-awaited ultra low-cost Aakash tablet is now up for grabs, as DataWind make the tablet available for online purchase. The Aakash, also touted as the world's cheapest tablet, has been priced at Rs. 2,500. DataWind is promising delivery of the tablet within seven days. Moreover, the company has also started taking pre-orders for the upgraded model of the Aakash a.k.a UbiSlate, which has been priced at Rs. 2,999.
To refresh your memory, the Aakash tablet was announced in October this year. Previously nicknamed as Sakshat, the Aakash tablet is a government-sponsored device, which aims to connect rural India with the ongoing technology boom in the country. The susbsidised Aakash tablet is likely to cost Rs. 1,750. DataWind, however, is offering the commercial version of the Aakah tablet.

 The Aakash tablet runs on Android 2.2 Froyo operating system. The Aakash has a 7-inch display with 800x480 pixel resolution. For connectivity, it has an built-in Wi-FI support and can connect a datacard for 3G and GPRS connectivity. The storage of the device can be expanded up to 32GB via microSD. It has a 256 MB RAM. The device supports document formats: DOC, DOCX, PPT, PPTX, XLS, XLSX, ODT, ODP and can run PDF viewer, Text editor. It has a 2,100 mAh battery which is promised to give 3 hours of backup depending upon usage. Read  'Your guide to the new $35 Aakash Tablet' for further details.You can also visit the official website for more details.

The UbiSlate 7, which is expected to be launched next month, features both GPRS and Wi-Fi. The UbiSlate 7 will also have the functionality of a mobile. The processor will be upgraded to 700 MHz, which will apparently be "three times better" than the original Aakash in performance. The tablet will also come with a 3,200 mAh battery, which is expected to give a back up to 5 hours. It comes with a headphone/mic plus integrated speaker. Read more details about the UbiSlate 7 here.

It has been really a long wait for the Aakash tablet (considering that the tablet was announced nearly two years ago). The ultra low-price of the Aakash tablet has already made it popular worldwide. So are you all set for the Aakash tablet? Or, you plan to wait for another month to lay hands on an upgraded version of the tablet that costs just Rs. 500 more? Let us know your take in the comments section below:

By monty with No comments

Wednesday, December 14, 2011

YouTube for Schools launched, with subject playlists and no distractions

YouTube has launched YouTube for Schools, a new service targeted at institutions of learning, featuring educational videos, as well as no distractions, with only relevant content being shown.
YouTube for Schools was introduced in a blog post by Brian Truong, product manager for the online video sharing site, and can be found at youtube.com/schools. Google’s vision behind the service was to deliver a platform where teachers would be able to show their students the “vast array of educational videos on YouTube,” without being worried about distractions in the form of irrelevant or inappropriate recommended videos, such as the “the latest music video or a video of a cute cat.”
Therefore, in other words, the new service is more “a network setting for school administrators,” restricting access to educational content only, and subject-aligned relevant playlists from more than 600 partners, such as MIT, Numberphile, Smithsonian, Steve Spangler Science, and TED, most of which was previously also found on the YouTube EDU site along with university-level content.

YouTube for Schools will launch with more than 300 subject playlists from mathematics to science, and English, sorted by grade level. They can be found at youtube.com/teachers. Teachers can also suggest their own playlists.

By monty with No comments