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‘India’s rating may be cut’

The sovereign ratings outlook for India may turn negative, from stable currently, if the country’s fiscal policy fails to check external shocks like crude prices or aggravates the inflation concerns, global rating agency Moody’s warned on Monday. Moody’s warning comes within weeks of another global agency Fitch downgrading India’s foreign currency credit outlook from ’stable’ to [...] [...more]

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10 killed in Brazil shootout

Brazilian police said they killed at least 10 suspected drug traffickers on Monday after gunmen cornered a group of officers in a Rio de Janeiro slum. Police who had entered the slum in Brazil’s second-biggest city to retrieve a stolen truck called in reinforcements including two helicopters after they were surrounded by armed gang members, [...] [...more]

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Intel unveils graphics chip line

Intel has unveiled details of the chip that will spearhead its move into computer graphics. It has revealed blueprints for the Larrabee chip that is scheduled to first appear in finished products in late 2009 or early 2010. Larrabee will be a stand-alone graphics processor unlike the onboard chips it produces for many PC makers. The move will [...] [...more]

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HIV vaccine ‘allows drug breaks’

Scientists are testing a vaccine designed to give HIV patients a prolonged break from their regular medication without side effects. The Aids 2008 conference in Mexico City was told 345 patients in 21 centres in the US and Europe will take part in the largest-ever trial of its kind. The vaccine has been developed by a biotechnology [...] [...more]

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Preity`s secret plans in Toronto

Deepa Mehta’s Heaven On Earth is to be screened at the Toronto Film Festival on 6 September at the prestigious Elgin theatre. “It’s the venue of all serious-minded films at the Toronto Film Festival meant for a discerning audience. Last year the Coen Brothers’ No Country For Old Men premiered there. This year I’m proud to [...] [...more]

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