According to government data released on Tuesday, China’s trade numbers decreased in July, an indication that the country’s economic recovery was dragging despite efforts by leaders in Beijing to boost development, according to the New York Times. After the United States, China has the second-largest economy in the world, and its exports have now plummeted […]
The sculpture business that preserves age-old traditions has been booming in Bhutan as the demand for statues and sculpting products is on the rise, reported Bhutan Live. One such prosperous sculpture company is run by a 40-year-old resident of Punakha City in Bhutan. Despite the fact that his business is booming nowadays, he frequently struggles […]
Chinese telecom giant, Huawei is conducting 5G testing in Nepal with little transparency, raising concerns over potential corruption issues and monopoly in the country’s telecom sector, Nepal-based Khabarhub reported. The Chinese telecom giant, which is seen as a security risk by the US and European governments was testing the 5G technology, with little transparency, in […]
Israel’s Minister of Finance Bezalel Smotrich has signed orders reducing the excise tax and purchase tax imposed on gasoline. The orders state that during the month of August 2023, a purchase tax and excise tax in the amount of 2,582.35 Shekels (USD 700) per thousand litres (264 gallons) will be applied to gasoline, so that […]
Global smartphone shipments declined 7.8 per cent on a yearly basis to 265.3 million units in the second quarter of 2023 (April-June), preliminary data from the International Data Corporation (IDC) showed. International Data Corporation (IDC) is a global market intelligence and advisory services provider. With this, it marks the eighth consecutive quarter of contraction as […]
As far as sweets are concerned, every town in Karnataka has its own specialities. But among them, Mysore Pak, which was invented in the royal kitchen of Mysore kings, has carved a niche for itself in the inernational market while highlighting the rich culinary heritage of India. Recently, Mysore Pak was ranked 14th among the […]
The Indian government rejects BYD’s USD 1 billion manufacturing plant proposal in India due to security concerns, reported a media house. The Chinese automaker had intended to produce electric vehicles (EVs) and electric batteries in India in collaboration with an Indian EV company, Megha Engineering and Infrastructure. Security concerns regarding Chinese investments in India were […]
According to a credit research company, Japan will see a price hike on 30,009 food and beverage products by October as the country’s currency Yen weakens as well as weaker Yen pushing up import prices, Kyodo News Agency reported. Adding that, the company also cited another reason to be a surge in electricity and labour […]
Despite the government’s lack of interest in growing commodity prices, the sugar price at Jodia Bazaar, the country’s principal wholesale commodities market, increased to Pakistani currency (PKR) 136-137 per kg from Rs 131-132 a few days ago, owing to an export-driven jump in demand, Dawn reported. Wholesale costs have risen by Rs 19 per kg […]
Personal computer (PC) shipments during the second quarter of 2023 declined 13.4 per cent globally on a yearly basis, according to International Data Corporation (IDC) data tracker. International Data Corporation (IDC) is a global market intelligence and advisory services provider. According to IDC, this was the sixth consecutive quarter of contraction brought on by macroeconomic […]
