World economy
G8 Summit: India says ready to discuss dollar status
08 Jul 2009
India has agreed to join a discussion on the reserve currency role of the US dollar, even as the G8 Summit failed so far to agree on the climate change goals for 2050.
Vatican finances tumble amid economic slowdown
08 Jul 2009
The Vatican said that it ran a deficit in 2008 as its finances and donations from across the world were hit by the global economic crisis.
Pakistan, China ahead in the Failed States Index
30 Jun 2009
A survey by Foreign Policy magazine says that an increasing number of states teetering on the edge of bankruptcy and /or political chaos, face world leaders from the United Nations, and organisations such as the World Bank, with an uncomfortable dilemma.
Oil hits an eight-month high above $73 a barrel
30 Jun 2009
Crude oil prices rose to an eight-month high above $73 a barrel in Asian trade today, helped by a weak dollar
The Queen is broke, says Buckingham Palace
30 Jun 2009
The money provided by the taxpayer to enable the Queen to fulfil her role as head of state is equivalent to 69 pence per person in the country
Japan’s May industrial output up 5.9 per cent
29 Jun 2009
Reform UN and its agencies for global economic revival, says India
26 Jun 2009
India has called for restructuring and reforming of the UN and its various agencies like the IMF and the World Bank