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15/03/2014

The internet is actually controlled by 14 people who hold 7 secret keys

It sounds like the stuff of science fiction: seven keys, held by individuals from all over the world, that together control security at the core of the web. The reality is rather closer to The Office than The Matrix

The Guardian’s James Ball was recently allowed to observe the highly secure ritual known as a key ceremony.

The people conducting the ceremony are part of an organization called the Internet Corporation for Assigned Names and Numbers (ICANN). ICANN is responsible for assigning numerical Internet addresses to websites and computers and translating them into the normal web addresses that people type into their browsers.

For instance, type 173.252.110.27 into your browser and you’ll be taken to Facebook web page. But facebook.com is easier for people to remember. ICANN maps the numbers (easier for computers to use) with words (easier for humans to use).

Read full story at: http://www.newspremise.com/the-internet-is-actually-controlled-by-14-people-who-hold-7-secret-keys/

14/03/2014

5.2% growth in Q4 achievable:Rangarajan

The economy can grow an annual 5.2 percent in the quarter to end-March on higher farm output growth, the chairman of the Prime Minister's Economic Advisory Council said on Friday.

C. Rangarajan also said he expects the economic growth to pick up to 5.5-6 percent in the fiscal year that begins on April 1.

Contracting industrial output and an investment slowdown dragged India's economic growth to a worse-than-expected 4.7 percent in the three months to December, making it tougher for the economy to hit the government's growth forecast of 4.9 percent in the fiscal year that ends in March

13/03/2014

Infosys' shares tank 8 per cent on revenue outlook worries

Shares in Infosys fall around 8 percent on concerns about the revenue outlook after Barclays cited the software service exporter's chief executive SD Shibulal as saying the company was facing challenges in some customer segments.

Barclays, in an email to clients, said Infosys management, highlighted improving customer optimism, but added Shibulal had also "highlighted the challenges faced by the company in retail and Hi-Tech vertical."

"We believe that if the challenges outplay positives, the company is likely to gravitate towards lower end of FY14 guidance, implying muted Q4FY14," Barclays said in its email.

13/03/2014

BJP may declare candidates on Thursday, suspense over seat for Narendra Modi to continue

The Bharatiya Janata Party is likely to declare candidates for its seven Lok Sabha seats in Delhi after its Central Election Committee meeting scheduled for Thursday morning.

The list will be declared two days before candidates can file their nomination papers to contest the April 10 polls.

Delhi BJP chief Harsh Vardhan told journalists on Wednesday that the list is likely to come out on March 13.

Dr. Vardhan had earlier said that “no single person will fight these elections, but the entire BJP machinery will fight together” to ensure a 7-0 win for the party.

In the 2013 Delhi Assembly elections, the BJP, along with its ally — the Shiromani Akali Dal — which had won one seat, managed 32 MLAs in the 70-member Assembly. However, they could not form the government after failing to achieving simple majority.

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