Apr 222016
 
China to be largest video-game market in the world soon

China is expected to be the largest games market in the world, ahead of the US, whose anticipated market size is US$23.5 billion. Gamers worldwide are expected to generate a total of US$99.6 billion in revenue for the video games industry this year, an 8.5 per cent increase from 2015, with China accounting for a quarter of that income. That means the country has more than 314 million active mobile gamers, who are generating around US$5 billion worth of revenue for this specific market. Contributed […]

Nov 062015
 
India retains top slot as the fastest growing domestic air traffic market

India retained the top slot as the fastest growing domestic air traffic market in September with a demand growth of 13.2% over same month last year. Data from International Air Transport Association shows that demand growth in India was the highest amongst countries including Australia, Brazil, China, Japan, Russia and the US. Between January-September passenger demand in India grew 19.3% over the corresponding period of last year. Contributed By Sonia Narula

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 […]

May 012015
 
Toronto ranks the world’s hottest luxury real estate market

Toronto was ranked the world’s hottest luxury real estate market in a new report that shows US$100 million is the new benchmark for prime properties. Demand for mega-mansions and penthouses has accelerated as wealthy buyers seek havens for their cash and search for alternative investments such as art and collectible real estate, according to the report Thursday by Christie’s International Real Estate, owned by auction house Christie’s. While Toronto ranked 10th on the report’s luxury index overall it was first on the luxury thermometer as […]

Mar 192015
 
Tokyo Becomes Top Target Property Investment Market by Asians in 2015

According to a new survey by CBRE, Asian intentions to invest in commercial property assets will remain strong this year with Tokyo being the most active market in 2015. Yet activity will moderated from last year. CBRE’s Asia Pacific Investor Intentions Survey 2015, which looks at the outlook and views of investors in the Asia Pacific real estate sector, also revealed risk appetite for prime core assets has risen. Major markets like Japan, China and Australia, remain the top investment destinations with other mature markets […]

Jul 132014
 
India emerges as the 10th-largest business travel market in the world: Survey

India has emerged as the 10th-largest business travel market in the world, spending a total of $22.1 billion. This is expected to grow by 13.5 per cent year-on-year, as indicated by a recent survey. The study has found a rationale for this trend: Despite the rise of digital communication and virtual conferences, Indian enterprises still rely heavily on face-to-face contact, necessitating business travel. In general, more than 50 people across all functions in an organisation were found to travel for business purposes in domestic and […]

Soon, Delhi’s Connaught Place, Khan Market and Karol Bagh areas to get free Wi-Fi

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Jun 102014
 
Soon, Delhi's Connaught Place, Khan Market and Karol Bagh areas to get free Wi-Fi

Soon, you will have another incentive to visit Delhi’s marquee markets, Connaught Place, Khan Market and Karol Bagh. Overcoming security concerns, New Delhi Municipal Council has decided to create Wi-Fi zones in these markets, with free browsing for the first 15-20 minutes. The first public hotspot will start at Khan Market by the month-end. The survey is been done and the spots where server boxes are to be installed, identified. After that, the project will move to CP and then Karol Bagh. Vodafone and Airtel […]