World economy
Japan to unveil record ¥96-trillion budget for 2015-16
12 Jan 2015
The draft budget has to be cleared by the country’s cabinet on Wednesday and further approved by the Japanese parliament in its upcoming session
‘I am Charlie’: world leaders join unprecedented Paris rally
12 Jan 2015
Millions in Paris and elsewhere walked in solemn processions on Sunday to denounce terrorism that has inflicted a deep scar on France in a three-day bloodshed that claimed 17 victims
Sirisena sworn-in as Sri Lanka's new President
09 Jan 2015
Maithripala Sirisena, who scored an unexpected victory over incumbent President Mahinda Rajpaksa, was on Friday sworn-in as the sixth president of Sri Lanka
Lanka President Rajapaksa loses to Sirisena after decade in power
09 Jan 2015
Sri Lanka's president Mahinda Rajapaksa today conceded defeat to rival Maithripala Sirisena in the country's election, bringing an end to a decade of leadership increasingly criticized as corrupt and nepotistic
Euro zone under deflation threat as prices fall
08 Jan 2015
US oil futures drop to new lows amid fears of supply glut
05 Jan 2015
In what could be further good news for India's economy, US crude and Brent futures dropped to five-and-a-half-year lows today amidst worries about excess global supply and weak demand
Palestinian Authority president Mahmoud Abbas signs Rome Statute to join International Criminal Court
01 Jan 2015
Venezuela in recession as oil prices plunge
01 Jan 2015
Oil revenues account for more than 50 per cent of GDP and over 90 per cent of total exports of Venezuela, which is the fifth largest member of oil the Organisation of Petroleum Exporting Countries
Japan announces tax cuts to bolster public spending
31 Dec 2014
The tax reforms envisage slashing corporate tax by 3.29 per cent to 31.33 per cent over the next two fiscal years and exempting gifts of up to ¥10 million from parents or grandparents to their offspring from taxation, to boost spending
2014: Ebola renders waste most of Sierra Leone and Liberia
31 Dec 2014
In fact, Ebola’s nasty reputation as a contagious disease that can make people bleed from their eyeballs has dented tourism across the entire African continent
NATO ends Afghan war, lowers flag in low-key ceremony
29 Dec 2014
General John Campbell, the American commander who led NATO's International Security Assistance Force, lowered the green and white mission flag, replacing it with one of a training and support mission known as Resolute Support
Drop in oil prices should spur growth in euro zone: German central bank chief
29 Dec 2014
The 45 per cent drop in oil prices in the last six months is estimated to be equivalent to a $1.1 trillion stimulus for the global economy
Japan’s Abe pushes $29 bn fresh stimulus to spur growth
27 Dec 2014
The government expects the stimulus plan to boost Japan’s GDP by 0.7 per cent, but does not explain how that growth would be achieved
North Korea blames US for internet outages
27 Dec 2014
North Korea’s National Defence Commission accused US President Barack Obama of going reckless like a monkey in a tropical forest by inciting the release of ‘The Interview’, a comedy featuring a fictional plot to kill its leader
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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