Bangalore, India’s tech capital, is witnessing a luxury goods surge, showcasing its dramatic evolution into a tech giant over three decades. From a modest IT workforce in the 1990s to nearly 1.5 million today, the city’s GDP per capita far exceeds the national average. This wealth surge has popularized luxury items, transforming lifestyles and consumer […]
Related Posts

This new smartphone poses a problem for Apple in China
Imagine you are a giant in the smartphone industry, with millions of loyal customers and cutting-edge technology. You are on the verge of becoming the world leader, surpassing rivals in innovation and quality. Then, everything changes. That’s what happened to Huawei in 2019, when the U.S. government decided to ban it from doing business with […]
Widespread Protests in Kenya Over Finance Bill Amidst Tax Hike Concerns
In Kenya, a significant backlash has emerged against the 2024 Finance Bill, which proposes various tax increases. The bill was approved by the Kenyan parliament. This happened despite modifications by Parliament’s Finance Committee aimed at mitigating public dissatisfaction by dropping several contentious tax proposals. This legislative move coincided with a wave of protests primarily driven […]
Bank of China launches first cross-border yuan account in Central Asia
The Shaanxi branch of the Bank of China has achieved a significant milestone by establishing Central Asia’s first cross-border account in Renminbi (RMB). This move results from a strategic collaboration with the well-regarded Turon Bank, headquartered in Uzbekistan. Finalized on August 21, this initiative has the potential to reshape economic interactions between China and Central […]