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India’s Tata Group to invest $35 bn in next 3 years

In a bid to strengthen global position Tata Group to invest $35 bn in next 3 years. India’s largest conglomerate – Tata Group – is all set to invest $35 billion in the next 3 years, the investments will range across various...
economy

Manufacturing activity in China at 18-month high, HSBC survey

China shows signs of economy boost with increased manufacturing activity. An initial survey by HSBC has revealed that the manufacturing activity in China has grown at its fastest pace in 18 months in July, 2014. This latest survey will calm...
India budget

New Indian government unveils maiden budget

India gets its first budget under the new Narendra Modi government. Indian Finance minister Arun Jaitley unveiled the country’s first budget under the new government. The budget speech was read out at the Parliament in New Delhi on Thursday...
An employee counts money at a fuel station in Kolkata

Diesel prices slashed due to loss in sales

During recent times, losses has been noticed in the sales of diesel which has led to a record low of Rs. 1.62 per litre. This has increased the chances of the deregulation of the most consumed fuel of the nation. If the Indian rupee continues...
credit card

China’s credit card sector hit by bad debts, says survey by NetEase

China’s credit card sector reportedly hit by a spate of bad debts. A recent survey conducted by China-based Internet technology company – NetEase – came out with a report on June 5, 2014. The survey’s findings have stated...
nepal

Japan offers aid to Nepal for tunnel road project.

Japan’s government to proliferate ties with Nepal by offering assistance for tunnel road project. The Japanese government has shown recent interest  in the Nagdhunga-Naubise tunnel project in Nepal. The construction of the tunnel will...
amul

Amul plans massive future investments.

 Indian dairy giant Amul, which is a brand under the Gujarat Cooperative Milk Marketing Foundation is all set to invest around Rs. 4,000 to Rs. 4,500 crores in the upcoming financial years. The investment has been planned to process higher...
diesel

Indian diesel prices might rise by 80 paise

Indian government officials have said that prices of diesel in the country are expected to increase by 80 paise per liter starting from May 13, 2014. The prices will most likely be increased as the Election Commission did not accept the proposal...
ZNET

China to introduce VAT to telecom sector

It has been reported that authorities in China are all set to replace the current turnover tax with value-added tax in the nation’s telecom sector. The latest announcement was made by the Ministry of Finance and the State Administration...
techniasia

Philippine banks becoming more strict about consumer lending

Banks in the Philippines have become more strict when it comes to lending to consumers. It has been reported that the country’s banks are becoming less liberal, despite the sustained demand for cash in order to pay for homes and cars in...