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A survey has shown that during the month of December, shop inflation rose. This happened despite the fact that retailers gave heavy discounts to people and that in a way stopped the prices from sky rocketing.

Data collected by the British Retail Consortium has shown that during the month of December, the prices went up by 2.1 per cent than they were in the year ago period. During November, inflation stood at 2.0 per cent as against
2.2 per cent in October.

On the other hand, food inflation has continued to be at 4 per cent as compared to the month of November.

Indian market again had a highly volatile session. After trading in red most of the time it attracted good buying in the latter half of the session and closed with good gains. Except Capital Goods almost all sectors including Banking, Auto, It and Metals closed with good gains.

Educomp Solutions CEO Shantanu Prakash has announced that the company providing education solution swill now join hand with Zeebo and Lakshya in a joint venture, for the purpose of selling devices with educational content in India.

The joint venture termed as Zeebo India will be tapping the technology of Zeebo and will then be developing and presenting content for the school children here. An initial investment of $4 million is planned by the partners initially by the firm.

IndiGo Airlines, has created history by making this huge record deal in Aviation sector. In order to acquire 180 Airbus aircraft of the 320-neo series, India's leading low cost carrier made a mind boggling deal with Airbus.

The planes will be delivered over a wide span of 9 years from 2016 - 2025. This deal will go down as the largest single order deal in the history of commercial aviation history, making IndiGo the launch customer for the A320-neo.

More efficient engines and large wing tip devices called Sharklets that are also capable of significant fuel savings of up to 15 percent are the few plus points of these new jets.

There will be a wider choice available for the Indian investors as capital market regulator the Securities and Exchange Board of India (SEBI) has given the green signal to the global stock indices to trade in the Indian Markets. The products will be introduced by these stock exchanges in the equity derivatives segment.

An application along with the risk management framework needs to be submitted to the SEBI for approval.

Li Keqiang, the Chinese Vice Premier met Britain's Labor Party leader Ed Miliband. During his speech, Li praised the steps taken by the Labor Party to follow a positive China Policy and assured that this step is going to help in building up of positive relations between UK and China.

He further added that the Labor Party has been making the efforts in this direction for a very long time and during the previous regime of the party the two countries had formed comprehensive strategic relationship between themselves.