World economy
IEA cuts global oil demand forecast for 2015
13 Dec 2014
Anticipating weaker than expected exports from Russia and other oil exporters, International Energy Agency has trimmed global oil demand growth projections for the fourth time in five months
UN declares 21 June as 'International Day of Yoga'
12 Dec 2014
One of the two solstices, 21 June is the longest day in the Northern Hemisphere and has special significance in many parts of the world
Russia hikes key interest rate to 10.5% to fight inflation
12 Dec 2014
Russia is struggling to combat inflation caused by plunging oil prices and western sanctions imposed due to the country’s involvement in Ukraine
China arrests its security chief Zhou Yongkang for graft
06 Dec 2014
Zhou Yongkang, the former head of China's domestic security apparatus, is the first member of the elite Politburo Standing Committee to face criminal investigation for corruption
Red Flag overshadows Star-Spangled Banner
06 Dec 2014
China enters 2015 as a $17.6 trillion economy, accounting for 16.5 per cent of the world's economy, whereas the US will slide down to second place with a GDP of $17.4 trillion and 16.3 per cent share of global economy. By C K Unnikrishnan
India to welcome Putin as ‘old friend’ despite Western sanctions
06 Dec 2014
India has set up an upbeat tempo for Russian President Vladimir Putin's one-day visit to Delhi next week, saying that t "cannot be party" to any economic sanctions against its “old friend”
Russian economy to shrink in 2015 as sanctions, falling oil prices bite
03 Dec 2014
Russia, the world’s eighth-largest economy, is expected fall into recession next year as western sanctions and plunging oil prices begin to take their toll
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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