Finnish handset maker Nokia has introduced an affordable touchscreen smartphone for emerging markets, including India.

The Nokia Asha 501 smartphone features a 3-inch screen, a 3.2-megapixel rear-facing camera and a memory capacity of 4GB that can be expanded to 32GB.

India's union human resource development ministry has put the order for 50 million units of Akash tablet from vendor Datawind on hold due to various reasons including production delays and possibly due to availability of a wide variety of cheaper alternatives.

Karbonn has just announced the release of a new promising Android-based smartphone dubbed the Karbonn Retina A27.

Available online at Saholic for Rs 9,090, the Retina A27 runs on Google's Android 4.1 Jelly Bean operating system, and features a 4.3-inch qHD IPS display that offers a resolution of 960 by 540 pixels.

In the wake of the insults hurled at Prime Minister Manmohan Singh, ruling Congress party leader Sonia Gandhi, and prominent religious figures, on several Web pages, it is being threatened by the Indian government that it may resort to the enforcement of rules for extracting derogatory content from the Internet.

Christine Lagarde is the new chief of IMF and she is looking for fast rising economies to take key positions of IMF. Recently she had visited Asia and she mentioned that countries like China and India deserve to be given more IMF voting power to reflect their growth.

Market watchdog, The Securities and Exchange Board of India (SEBI) has decided that it is going to regulate the 'Know Your Customer' (KYC) norms for all of the SEBI controlled entities.

Automobile production has been encouraged in India. Indian government has redefined the meaning of completely knocked down (CKD) auto components. Higher import duties are assigned to assembled engines and gearboxes.

Earlier there is 10% import duty on CKD but now it has been raised to 30%, to encourage domestic manufacturing of the cars.