Aadhaar card not mandatory to open bank accounts in India
On August 8, 2013, the Parliament in India was informed that the Aadhar card is not mandatory for availing certain services, like opening a...
Korea to reduce tax benefits for high income earners
The high income earners in South Korea might soon be deprived of certain tax benefits. The country is now looking to reduce tax benefits...
Oil companies to hike petrol prices by Rs. 1.5-2 per litre
Under the current market conditions, oil marketing companies are under extreme pressure due to the weakening of the Indian rupee. The companies are now...
Prices of petrol and diesel hiked in India
Indian oil companies have announced a hike in prices of petrol and diesel by 75 paise and 50 paise per liter, respectively, from June...
Donations made by tobacco firms discouraged
The Chinese Association on Tobacco Control has suggested to the Ministry of Civil Affairs to ban donations made by the tobacco companies in the...
Air India plane with locked cockpit makes emergency landing
During one of Air India’s domestic flights on May 13, 2013, passengers on board experienced a very tense moment when the cockpit door got...
Visa Inc to venture into Chinese market
American multinational financial service Visa Inc. is preparing to participate in the yuan-denominated China business. The regulators are preparing to release rules facilitating foreign...
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...
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...
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...
