India might overtake japan to become the world's 3rd largest economy in 2011...!

India might become the world's third largest economy in 2011 by overtaking Japan in terms of gross domestic product (GDP) measured according to the domestic purchasing power of the rupee, otherwise called purchasing power parity.

India is now the fourth-largest economy behind the US, China and Japan. Numbers from 2010 show that the Japanese economy was worth $4.31 trillion, with India snapping at its heels at $4.06 trillion. But after March's devastating tsunami and earthquakes, Japan's economy is widely expected to contract while India's economy will grow between 7% and 8% this fiscal. 
India should overtake Japan in 2011 to become the third-largest economy in the world at purchasing power parity
IMF forecasts show India and Japan neck-to-neck in 2011, but the disaster in Japan has brought the event forward. 


Were it not for the earthquake and tsunami, India would have overtaken Japan in around 2013-14

The purchasing power parity (PPP) method measures the size of an economy by levelling price differences between countries that occur in the process of conversion to a single currency.

Under this method, a dollar should be able to buy the same amount of goods anywhere in the world and exchange rates should adjust accordingly.

The Economist's Big Mac Index, which takes the price of a Big Mac burger across 120 countries to calculate the 'real' price of its currency, is a crude way to measure PPP. India was included in the index recently. It showed that the Indian rupee was undervalued by 53% against the US dollar in August.

Earlier, a report by consultant PwC suggested that the Indian economy would surpass the Japanese economy in 2012. The IMF expects the Japanese economy to contract 0.7% this year while India is expected to grow 8.2%. A bigger economy could also give the government additional clout and bargaining power overseas.
According to the University of Pennsylvania PPP world tables, India has already moved ahead of Japan in 2010. The size of the Indian economy is expected to reach almost $5 trillion by the end of 2011.

Follow me for more Latest News...:)

India might overtake japan to become the world's 3rd largest economy in 2011...!

India might become the world's third largest economy in 2011 by overtaking Japan in terms of gross domestic product (GDP) measured according to the domestic purchasing power of the rupee, otherwise called purchasing power parity.

India is now the fourth-largest economy behind the US, China and Japan. Numbers from 2010 show that the Japanese economy was worth $4.31 trillion, with India snapping at its heels at $4.06 trillion. But after March's devastating tsunami and earthquakes, Japan's economy is widely expected to contract while India's economy will grow between 7% and 8% this fiscal. 
India should overtake Japan in 2011 to become the third-largest economy in the world at purchasing power parity
IMF forecasts show India and Japan neck-to-neck in 2011, but the disaster in Japan has brought the event forward. 


Were it not for the earthquake and tsunami, India would have overtaken Japan in around 2013-14

The purchasing power parity (PPP) method measures the size of an economy by levelling price differences between countries that occur in the process of conversion to a single currency.

Under this method, a dollar should be able to buy the same amount of goods anywhere in the world and exchange rates should adjust accordingly.

The Economist's Big Mac Index, which takes the price of a Big Mac burger across 120 countries to calculate the 'real' price of its currency, is a crude way to measure PPP. India was included in the index recently. It showed that the Indian rupee was undervalued by 53% against the US dollar in August.

Earlier, a report by consultant PwC suggested that the Indian economy would surpass the Japanese economy in 2012. The IMF expects the Japanese economy to contract 0.7% this year while India is expected to grow 8.2%. A bigger economy could also give the government additional clout and bargaining power overseas.
According to the University of Pennsylvania PPP world tables, India has already moved ahead of Japan in 2010. The size of the Indian economy is expected to reach almost $5 trillion by the end of 2011.

Follow me for more Latest News...:)

Things to know about google...!

#1...Google WDYL

Google’s ‘What Do You Love’ service is a one-stop-shop destination for all its other services. It collates data from all its services such as YouTube, Translate, Images and News and to you at a single place and in a single click.


#2...Clear all Unnecessary ads                 

Having a hard time reading searching on your mobile? 
Screen is not large enough to accommodate Google’s advertisements, sidebars, images, et al.? 
Type "Google.com/m" in your browser to access a cleaner version of the site, minus all its ‘unnecessary’ frills.


#3...Side by side Search Engines

Wish you could look at the two most prominent search engines side-by-side saving you considerable amount of time and energy? Yes you can do it.

You can check your search results on both Bing and Google at the same time on www.bing-vs-google.com On the same page you will get the information displayed on both the sites.


#4...Google Shell

This alternative way to search Google will, for once, remind you of your HTML lessons. Goosh.org is a Google-interface that behaves similarly to a unix shell. Written by Stefan Grothkopp, Goosh calls itself ‘the unofficial Google shell.’ Users can type commands such as ‘video’ or ‘news’ to obtain results from a particular Google service. Results can be accessed by clicking on their respective links or their numbers can be typed in Goosh. To see more results type ‘more’.

#5...Google Squared

If you are tired of seeing search results in the same old ‘listed’ way and also to get a detailed perspective, try Google Squared. This feature of Google Labs creates tables of data taken from various websites. Once results are displayed individual entries can be clicked to check their source.

Users can even save their own customized tables for future reference. Users can modify their square by removing rows and columns they don't like or by adding new rows and columns and having Google Squared attempt to fetch the relevant facts.

Verify and correct the facts in your square by exploring the original sources and investigating other possible values. Google Squared does the grunt work for you, making research fast and easy.


#6...Google Desktop

Another neat way to search is Google Desktop. It comes in handy when you need to search local files on your computer or jump to a Web search. Just press ‘Ctrl’ twice and a search box will appear. This will direct you into your Web browser.


#7...Voice search

Google chrome has the option of a voice search. When you will open the Google search page you will see a microphone in the search bar. Click this microphone and just say what you are looking for.

Follow me for more Interesting Stuff...:)

7 tips to avoid cell-phone readiation...!

#1...Buy a low-radiation phone

Always try to look up buyers' guide or Internet, or seek experts' advise to know about the radiation levels of your phone, or the model you intend to buy.

Most phones' model numbers are printed under the battery. Consider replacing your phone with one that emits the lowest radiation possible and still meets your communication needs.

#2...Use a headset or speaker

Headsets - whether Bluetooth or wired - emit much less radiation than phones. Choose either wired or wireless according to convenience and your needs.

However, it is not advisable to continuously wear the headsets above the ears as most Bluetooth headsets emit continuous, low-level radiation. So take it off your ear when you're not on a call. Using your phone in speaker mode also minimises radiation to the head.

#3...Stay away from the poor signal

Fewer signal bars on your phone means that it emits much higher radiation to get the signal to the tower. Make and take calls when your phone has a strong signal, instead of incessantly using it and cursing your mobile operator.

Remember, it is your brain that will be getting fried due to poor signal!

#4...Limit children's phone use

Young children's brains absorb twice as much cell phone radiation as those of adults. Along with health agencies in at least 6 countries, EWG has recommended parents to set up limits for children's cell phone use, such as for emergency situations only.

They may be encouraged to either make short, sweet conversations, or use the good, old landline phones.

#5...Talk less, listen more

Cellphones emit maximum radiation when you talk or text, but not when you're receiving messages or listening. Hence, the age-old saying of listening more and talking less can come in handy here in reducing your exposure level.

#6...Hold phone away from your body

Hold the phone away from your torso when you're talking (with headset or speaker), not against your ear, in a pocket, or on your belt where soft body tissues continuously absorb radiation.

Even while sleeping, avoid keeping it under the pillow or next to you. It should ideally be kept a few feet away even if you want to keep it handy just in case the President or the Prime Minister decide to call upon you in the dead of night.

#7...Use texting instead talking

Phones use less power (and hence less radiation) to send out text than voice communication. And unlike when you speak with the phone placed next to your ear, texting keeps radiation away from your head.

Follow me for more Interesting Stuff...:)