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Indian online shoppers spend Rs. 1 lakh per year on online shopping

11.29.2009 · Posted in Economy, Online shopping, Shopping, Technology

Indian online shoppers spend Rs. 1 lakh per year on online shopping. According to a credit card giant Visa, the Indian online user spends $2,066 on buying goods and services through the Internet every year. Travel is the main transaction online with Airline tickets accounted for roughly 22per cent, while travel information, accommodation, online agent ...

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Tech News

The Phone Stacking Game: Let’s Make This A Thing
So it's Saturday night and you're out with friend. Are they the inconsiderate jerk who can't stop checking their smartphone? Or is that you? Either way, here's one way to make dinner a little more interesting. I've seen/heard this described as both "The Phone Stacking Game" and "Don't Be a Dick During Meals". […]
I’m A New York Times Subscriber, So Where’s My Tote Bag?
The New York Times released its latest earnings report earlier this week, spurring another round of discussion about the newspaper's paywall, which was launched near the beginning of last year. The consensus: Early signs are positive, but it's not doing well enough to offset plummeting print ad revenue. […]
Labor Efficiency: The Next Great Internet Disruption
For more than a decade now, the Internet has done a great job of making things in our day-to-day lives more efficient by easily connecting parties who can have a mutually beneficial personal or business relationship. This same idea is now on the verge of disrupting labor and changing the definition of employment as we know it. […]

Finance News

Now more expensive Home and car loans
The catalyst of all this is the Reserve Bank of India's decision to raise key policy rates by 50 basis points. This is its 11th successive rate hike in 15 months.Home loan buyers have already seen interest rates rise by 1.5-2 percentage points within a year from 9.5% to around 11.5%. If the rate is increased further to 12%, the EMI on a 20-year loan wil […]
Salary and interest income up to Rs 5 lakh, No tax return Now
New Delhi, Jun 6 (PTI) In India, as many as 85 lakh salaried tax payers whose taxable income, including salary and interest income, is up to Rs 5 lakh, are not required to file income-tax return from now onwards."No income-tax returns is required for salaried persons whose annual annual taxable income including salary and interest is up to Rs 5 lakh. We […]
TCS Becomes India's third most valuable company
Tata Consultancy Services topples ONGC to become India's third most valuable company with its market capitalisation soaring to over Rs 2.31 lakh crore. ONGC dropped to the fourth position with a market capitalisation of Rs 2,30,220 crore. Reliance Industries and Coal India with M-cap of Rs 3.10 lakh crore and Rs 2.57 lakh crore, respectively, remained t […]