World economy
Over half a million Americans lose jobs in November
08 Dec 2008
The US Bureau of Labor Statistics yesterday posted the worst monthly payroll employment figures in 34 years, with 533,000 people being rendered jobless in November alone.
China, US pledge $20 billion for trade
05 Dec 2008
The US and China hope to stimulate flagging global trade as the worldwide recession sets in.
Putin’s Red Square show a hit
05 Dec 2008
China tells US to put own house in order; promises help to stabilise global economy
05 Dec 2008
China's chief trade envoy has urged the US to "do all it can" to stabilise its economy
France unveils €26-billion recovery plan
05 Dec 2008
President Nicolas Sarkozy has unveiled a €26-billion ($33 billion) stimulus plan to help France fend off financial crisis.
AT&T to cut 12,000 jobs
04 Dec 2008
Global insolvencies projected to rise in 2009
04 Dec 2008
US private sector sheds 250,000 jobs in November: report
04 Dec 2008
A new report says employment in the US private sector fell 250,000 in November following a revised decrease of 179,000 jobs in October
Mexican steelmaker AHMSA to lay off 12,000
03 Dec 2008
Paulson urges China to boost domestic economy
03 Dec 2008
US treasury secretary Henry Paulson wants China to further boost domestic demand and furter reform its exchange rate policies.
Delta Airlines to reduce capacity further 2009
03 Dec 2008
UK denies plans to join the eurozone
02 Dec 2008
US recession official; may last till mid-'09
02 Dec 2008
Global recession drags Chinese manufacturing to record low
01 Dec 2008
Aan index of China’s 700 manufacturers reveals the country's manufacturing has fallen to its lowest level since 2005.
Featured articles
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
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