Jul 172015
 
Qatar becomes the richest country in the world: Study

Qatar has been named the richest country in the world in a new study which includes all six Gulf states in the top 34. Qatar, Luxembourg and Singapore were ranked the top three in the research published this week which ranked countries by their wealth according to their gross domestic product. The Gulf state, which will host the FIFA World Cup in 2022, came top of the list with a GDP in 2013 of $105,091 per person while the UAE also featured in the world’s […]

Jul 172015
 
China becomes the world's biggest ice cream market

One third of all ice cream bought globally is consumed in China, which became the largest ice cream market in the world in 2014, beating the US by a lick with $11.4bn in sales compared with $11.2bn. Ice cream sales in the US are on track to catch up to $11.4bn this year, by which point China will have reached $12.6bn as its growing middle class enjoys higher disposable incomes while increasingly health conscious Western consumers weigh on developed markets. Chinese people spent 54pc more […]

Jun 262015
 
China to become the world’s biggest cross-border investor by 2020: New research

China will become the world’s biggest cross-border investor by the end of this decade, with global offshore assets tripling from $6.4tn presently to nearly $20tn by 2020, according to new research. While much of the total will be in the form of foreign exchange reserves and portfolio investment, a growing share will come from direct Chinese investment in developed western countries, according to a joint report by the economic research firm Rhodium Group and the Berlin-based Mercator Institute for China Studies. Contributed By Sonia Narula

Jun 252015
 
Tokyo Becomes World's Top City for Quality of Life

Once again this year, the editors of Monocle magazine have published their annual Quality of Life Survey, ranking major cities around the world. This new version has some twists and drama compared to last year’s. Tokyo came in at first place “due to its defining paradox of heart-stopping size and concurrent feeling of peace and quiet,” the magazine said in a statement. Tokyo was in second place last year. Meanwhile, Copenhagen, No. 1 for 2014, fell all the way to No. 10, largely because what […]

Jun 082015
 
Dubai will become the 7th leading maritime center in the world by 2020: Survey

Dubai will become the seventh leading maritime center in the world by 2020, ahead of cities such as London, New York, Tokyo, Copenhagen, and Rio de Janeiro, according to a survey. The world’s leading maritime cities were benchmarked based on the four main maritime indicators of finance, technology, ports and logistics, and shipping, in addition to an overall assessment of the cities’ competitiveness and attractiveness. Dubai ranked 5th overall under the Ports and Logistics indicator and was named one of the five largest port operators […]

Apr 302015
 
Afghanistan will become the world’s largest producer of iron and copper: Report

President Mohammad Ashraf Ghani has said Afghanistan will become the world’s largest producer of iron and copper in the next 15 years. Ghani, who is on a two-day visit in India, said “Our advantage is our mineral resources; in next 15 years, we will become the largest producer of cooper and Iron in the world.” According to President Ghani Afghanistan has 14 of the 17 rare earth materials in the world. Afghanistan may hold 60 million tons of copper, 2.2 billion tons of iron ore, […]

Apr 252015
 
China to become world’s top market for mobile games by 2016

Everybody knows that mobile gaming is big in China. How big? Big enough that, according to a white paper released today by GMGC, China will become the top global market for mobile games by 2016. Citing data from Newzoo Global Games Market Premium, the white paper estimates that mobile gaming revenues in 2015 will hit US$6.1 billion – just below the US’s projected revenues for this year at US$6.3 billion. But in 2016 China is expected to blow past the US for the first time […]

India to be the third largest economy in the world by 2030: Report

 India  Comments Off on India to be the third largest economy in the world by 2030: Report
Aug 042014
 
India to be the third largest economy in the world by 2030: Report

India is set to become the third largest economy in the world by 2030, according to latest estimates by a PricewaterhouseCoopers (PwC) report. The London-headquartered accountancy giant said the rapid rise of the Indian economy with its young workforce would push it up from being the 10th largest economy in 2013 to the third largest by 2030, pushing the UK back into sixth place. In the longer run, other emerging markets may overtake the UK, but only India looks set to do so before 2030. […]

Bollywood hunk Hrithik Roshan becomes the highest paid actor in Bollywood

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Jul 132014
 
Bollywood hunk Hrithik Roshan becomes the highest paid actor in Bollywood

Bollywood hunk Hrithik Roshan is set to become highest paid actor in Bollywood. The Bang Bang actor will get astronomical rs 50 crore fee for Ashutosh Gowatrikar’s period romance MohenjoDaro. According to the sources, with this fee Hrithik Roshan will become highest paid actor and MohenjoDaro most expensive film. Meanwhile, the makers of MohenjoDaro is in talks with an advanced studion to start the shooting and final decision in this regard will betaken in 15 dyas. Critics believe that Hrithik Roshan is still a crowdpuller […]

Delhi becomes the best destination for food and drink

 Delhi News, Food and Meals  Comments Off on Delhi becomes the best destination for food and drink
Jun 222014
 
Delhi becomes the best destination for food and drink

The national capital was awarded as the best destination for food and drink by Lonely Planet Magazine India Travel Awards 2014 at a glitzy ceremony held in Mumbai last week. The award is an exemplary recognition for Delhi and is a step forward towards making the city a preferred tourist destination. The Leela Kovalam, India’s only cliff-top beach resort and Kerala’s most popular holiday getaway, won the prestigious Best Indian Luxury Hotel award at the Lonely Planet Magazine India Travel Awards 2014. These awards are […]

After Iraq, Pakistan becomes world’s most terror hit-nation

 World News  Comments Off on After Iraq, Pakistan becomes world’s most terror hit-nation
Jun 072014
 
After Iraq, Pakistan becomes world’s most terror hit-nation

Pakistan is the most terror hit-nation in the world after Iraq, a new report has found. Also considering the severity of the incidents, Pakistan even surpassed the Middle Eastern nation. According to the report, From 2001 to 2013, there were 13,721 incidents in Pakistan, which is marginally less than Iraq. From 2001 to 2005, there were 523 terrorist incidents in Pakistan, but from 2007 to November 2013, the total number of incidents has risen to 13,198. According to the report, similarly, the number of suicide […]

Delhi’s IGI Airport becomes world’s second best airport for its service quality

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Jun 062014
 
Delhi's IGI Airport becomes world's second best airport for its service quality

For the third year in a row, Indira Gandhi International Airport here has been adjudged the second best airport in the world for its service quality among the airports handling 25-40 million passengers per annum (MPPA). According to the report, Mumbai’s Chhatrapati Shivaji International Airport was placed at the fifth position in this category by the Airport Council International (ACI). ACI is a global body of airports which represents their interests with governments and international organisations. It covers 1,751 airports in 174 countries. However, in […]

Registration of marriage will soon be made mandatory in the capital

 Delhi News, Sex & Relationship  Comments Off on Registration of marriage will soon be made mandatory in the capital
Apr 202014
 
Registration of marriage will soon be made mandatory in the capital

Registration of marriage within 60 days of tying the nuptial knot will soon be made mandatory in the Capital and its non-compliance will attract a fine of Rs. 1,000. Delhi Government’s Revenue Secretary Dharampal said a notification on compulsory marriage registration will be issued by next week to give effect to the decision. The Delhi (Compulsory Registration of Marriage) Order, 2014 will be applicable to all marriages solemnized in Delhi irrespective of caste, creed and religion of the brides and grooms. Contributed By Sonia Narula

Delhi’s Kamala Market may become commercial complex

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Mar 162014
 
Delhi’s Kamala Market may become commercial complex

Kamala Market, the historic municipal mart and a veritable city landmark, may soon give way to a high-rise commercial complex. The North Delhi Municipal Corporation, as part of its budget has firmed up plans to replace the over 60-year-old bazaar, dubbed Asia’s biggest air-cooler market, with a multi-storeyed building complex to “increase the revenues”. “Commercial spaces like Kamala Market and Gaffar Market, only couple of storey high and built years ago, have now grown decrepit and are occupying space. By replacing them with modern commercial […]