Indian parents spend Rs 12.25 lakh on children’s education, Hong Kong leads with Rs 85.67 lakh

In a fiercely competitive job market today, education is highly prioritised by parents, with Hong Kong residents shelling out $132,161 (Rs 86 lakh) on their children’s school or university tuition fees, books, transport and accommodation – the highest in the world. Indians, meanwhile, are spending $18,909 ( Rs 12.25 lakh) while the world average spending on children from primary school to university undergraduate levels is about $44,221 (Rs 29 lakh), says an HSBC report: Higher and higher, The Value of Education series. About 89% Indians fund their children’s education, 79%…

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Mercedes-Benz launches the E220d in India at Rs 57.14 lakh

Mercedes-Benz has just launched the E220d in India at Rs 57.14 lakh (ex-showroom Pune), and it joins the ranks of the current E-Class line-up (E200 and E350d). While the E220d gets an in-line 2.0-litre four-cylinder diesel mill that generates 194bhp and 400Nm of torque, transmission duties are to be fulfilled by a nine-speed automatic gearbox. With the E220d, Mercedes-Benz hopes to cater to those buyers who long to buy a diesel version of the new E-Class which offers best in class legroom thanks to its extended wheelbase The car will…

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LSR student Rhea Grover bags record Rs 29 lakh per annum job offer

Zee Media Bureau New Delhi: Every college passout’s dream is to land a good job in a reputed company with a handsome salary. Rhea Grover of Delhi’s Lady Shri Ram College (LSR) hit the bull’s eye when she bagged a record placement offer with EY Parthenon. As per a report in the Hindustan Times, Rhea – a B.Com (Hons) student – has been offered an annual salary of Rs 29 lakh – compare this to last year when the highest package offered to any LSR graduate was Rs 18 lakh….

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