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singles day

Shoppers in China set to spend big on Singles Day

As the holiday season fast approaches, the amount of money that Chinese consumers are willing to spend is likely to increase in 2013. On an average, consumers in China will spend about 1,800 yuan per person during the Double Eleven Shopping...
A

Onion prices in India decreased to Rs 15/kg

The prices of onion in India have been among the biggest issues in the country in recent times. On October 23, 2013 onion prices have been reduced to Rs. 10 Indian rupee per kg in the city of Bhopal in Madhya Pradesh, India. However, despite...
china ecnomy

Chinese economy to have good ending in Q4 2013

The premier of China, Li Keqiang on October 21, 2013 stated that the nation’s economy will witness a good ending in 2013, which will enable it to start 2014 on a positive note. The latest comments were made by the premier while he was briefing...
jobs

Philippine economy improving, no new jobs created

The latest report from the Asian Development Bank (ADB) has mentioned that the economy in the Philippines will continue to grow in 2013 and 2014. The new prediction of growth has been made on the basis of significant domestic consumption and...
petrol

Oil companies not to revise petrol prices in India

The oil companies in India on October 15, 2013 decided not to make any changes regarding petrol prices. The country's oil companies said that they will keep an eye on the movements in international oil rates and the value of the Indian...
china poverty

Chinese central government to monitor poverty funds

The Chinese government introduced new policies which will provide financial support to those people who are in need. The central government in China on October 8, 2013 announced that the new policy has been introduced in order to carefully watch...
smart

India set to introduce smart meters to control rising electricity bills

The Indian power minister Jyotiraditya Scindia recently announced that the government is ready to present devices which will help consumers to be aware of their electricity consumption throughout the day, as well as be able to adjust it accordingly....
sales tax

Prime Minister Shinzo Abe to increase sales tax in Japan

Japan is currently facing an enormous national debt, due to which Japanese Prime Minister Shinzo Abe announced on Tuesday, October 1, 2013 that the sales tax will be increased in the country. The Prime Minster stated that the increase in sales...
petrol

Petrol price in India increased by Rs. 1.63 per liter

The prices of petrol in India have been increased by Rs. 1.63 per liter. This is the seventh hike since June 2013, due to rising oil rates and the falling Indian rupee. The hike excludes local sale tax or VAT and will come into effect from midnight...
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Twitter planning for IPO

Popular micro-blogging site Twitter announced on September 12, 2013 that it has submitted papers for the most-anticipated stock offering in the tech sector since Facebook?s offering in 2012. The company tweeted the big announcement. The tweet...