You are here


Who're cheaper than Indian IT professionals? The North Koreans.

Submitted by Karthik on 3 April, 2013 - 22:31

After Eric Schmidt's recent visit to India, he travelled to other parts of Asia which included the North Korean capital of Pyongyang. Much to the curiosity of those looking on from the sidelines, he spent all of four days in the "red" capital ostensibly to—just as he did in India—promote the Internet and Internet connectivity. However, a South Korean professor of North Korean Studies does not believe that this was the only item on Schmidt's agenda during his visit.

Chinese online mall reports USD 3B in sales in one day

Submitted by Karthik on 17 November, 2012 - 00:22

China's e-commerce portal Taobao reports that it conducted USD 3 Billion worth of business in 24 hours on Singles' Day. The store is owned by the Alibaba Group, a subsidiary of which——has a presence in India as well.

More on this story can be found on this blog.

Subscribe to RSS - economy