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Roshan granted 3G License

Afghanistan’s Ministry of Telecommunications and Information  and Technology (MCIT) awarded 3G license to the telecommunication giant Roshan on Saturday. The 3G platform will surely enable Roshan to develop its already market-dealing, innovative data packages. Roshan has so far been the

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IMF cuts South Korea growth forecast

The International Monetary Fund (IMF) has cut South Korea’s growth forecast from 3.25% in June to 3% for this year due to spiraling economic crisis in the Eurozone. The Eurozone is the key market for South Korea’s exports, which account

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Manmohan Singh defends his recent economic plans

India’s Prime Minister Manmohan Singh defends the unpopular economic reforms he has to undertake for reviving investor confidence. The reforms include opening up India’s retail sector for foreign supermarket giants and allowing them to buy large stakes in the sector.

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Walmart hopes to open stores in India in two years

US biggest retail Walmart plans to open its first stores in India within two years. The location and number of stores are not announced yet. This news comes a week after the Indian government decided to open up the retail

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