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[Economy , Investors Cut , Latin America ] According to a World Bank report, Mexico has a macroeconomic stability, something that was reached in the last decade. However, the bank points out that risk is slightly higher because the country's fiscal policy is … more

The report titled "India Education Market Outlook to 2016 - Fast Growing E-learning Segment Set for Consolidation" provides a comprehensive analysis on the education market in India covering various aspects such as market size of the education industry on the basis of total fee spent on education and market segmentation by age group, gender and by type of education. The report also entails competitive landscape and profiles of the major players operating in the industry. The future projections are included to provide an insight on the prospects in the Indian education industry.   The education market in India is one of the largest education systems globally which has registered a decent growth rate over the period. This growth rate can be attributed to growth in average annual fee, increase in students enrolled in private schools and willingness of parents to spent on education. In terms of revenue, the Indian education industry has recorded consistent growth at a 3 year CAGR of ~ over the period. The revenue of Indian education market grew from USD ~ billion in FY'2008 to USD ~ billion in FY'2011.   The formal education market contributes majorly in total private education revenues and in FY'2011 it accounted for ~ % of the total education market in India. The Non-formal education market has reached USD ~ million in FY'2011, at a CAGR of ~ % from USD ~ million in FY'2008.   Globally, India has one of the lowest enrollment and highest dropout ratios which results into one of the lowest net enrollment levels in the world. K12, the largest segment reached to USD ~ million in FY'2011. The revenue generated by Indian higher education market has reached USD ~ million in FY'2011.   In 2011, pre-schools market has posted sales of USD ~ million, registering a CAGR of ~ %. Pre-school market is growing at a rapid rate where KidZee is the dominant player and accounts for around ~ % pre- school market followed by Euro Kids and Apple Kids with ~ % and ~ %

A consortium led by South Korea's Korea Electric Power Corp (KEPCO) and Japan's Sumitomo has been awarded the contract for engineering, construction and procurement of the Shuwaihat 3 electric power plant in Abu Dhabi.

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The retail space is highly competitive. With the emergence of e-commerce and web stores recently, customer preferences are also evolving at a rapid pace.

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E-commerce firm eBay has added support for Google's mobile payment platform Google Pay in a bid to intermediate end-to-end payments on its marketplace.

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