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china earthquake

Quake does little to affect Chinese economy

The south eastern part of China had once again been hit by a strong quake on April 20, 2012, but the economy of the country has not yet been majorly affected. China’s Sichuan province was hit by the 7.0 magnitude earthquake, which had struck Ya’an city. The...
petrol

Petrol prices slashed by Rs. 1 from April 15, 2013 midnight

The price of petrol in the Indian market has been cut by Rs. 1 per litre. The price cut was announced by Indian Oil Corporation on April 15, 2013 and the reduction will become effective by midnight on the same day. The last time the price of...
taxi fares

Beijing to raise taxi fares

News reports have claimed that the taxi fares in China are set to rise. The actual official rise in the fares has not been announced though. According to the latest reports, passenger will now have to pay 15 yuan for a trip within 3 kilometers...

Axis Bank launches home loan schemes for self employed

Popular private sector lender Axis Bank, has on April 2, 2013, launched a dedicated home loan scheme for people who are self employed. To begin with, the bank is offering loans at one percent above the base rate and the borrowers will pay higher...
china japan

Private sector makes efforts to improve relations between Japan and China

In recent times, the Asian countries of China and Japan have been facing various issues, both political and otherwise. Under such circumstances, the private sector has played a key role in efforts to rebuild mutual trust between the two countries. The...
alto

Maruti Suzuki India sells one lakh units of Alto 800 in 4 months

The last few months have been tough in terms of the car sales for manufacturers in India, but the figures were different for Indian auto giant Maruti Suzuki. Stats have shown that the company has managed to sell more than one lakh units of its...
diesel

Diesel price hiked by 45 paise

Once again, on March 22, 2013, oil companies in India announced a price hike of 45 paise-per-litre for diesel. The hiked prices exclude figures added due to VAT. After including taxes, the price of diesel will cost an additional 51 paise to...
china rail

Railway travel in China to become pricey

One of the top engineers from the railways in China said that travelling by train could become more expensive than flying, after the reform of railway authorities in the country. The Deputy Chief engineer of the China Railway Tunnel Group and...
free roaming

Kapil Sibal assures free roaming in India for mobile phones

Kapil Sibal, the Union Minister of Communication and Information and Technology has assured people that mobile phone subscribers will have free roaming outside their circle before October 2013. The minister added that the Telecom regulatory...
montek

Montek Singh Ahluwalia positive about impact on economy

P Chidambaram’s efforts to keep the Indian Budget within a well-contained fiscal deficit of 5.2 percent as appreciated by Montek Singh Ahluwalia. The planning Commission said that the initiatives taken in the budget will have a very positive...