Inflation at all time low
New Delhi: Inflation plummeted to an historic low of 1.96 per cent because of the economic slowdown, in the first reported week of the new year as compared to over eight per cent in the same period a year ago.

Industrial growth slid to 2.2 per cent in the first eight months of the current fiscal as against six per cent in the same period of previous year.

The week ended 5 January 2002 saw commodity prices down by 0.06 per cent from 2.02 per cent in the previous week due to fall in the prices of vegetables, wheat, rice, tea, beer, groundnut, oil and alcohol.
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E-mail through the phone
Mumbai: An Ahmedabad-based company has come up with a product that allows sending and receiving e-mails and voice messages through the landline phone.

The product, called World On Phone, has been developed by MOH Ltd. The company says it has more than 2,000 subscribers in Ahmedabad, around 1,000 in Surat and Baroda, 1,500 each in Lucknow and Ghaziabad and 200 in Mumbai.

The company's services are operational in Nairobi and Uganda.

The service is offered through a franchisee system. Franchisees have their own infrastructure, which connects to a central server in every city of WOP presence.

The subscriber to this service picks up the phone, calls up a specified local WOP number and dials in his numerical password. Through an interactive voice response system that uses speech software, it will allow the user to send his e-mails by simply speaking out what he wants to send or hearing his e-mails spoken out.
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