World economy

Boris Johnson to take over as British PM
24 Jul 2019
The Guardian described Boris Johnson as "someone who could easily be rejected as a `Guess Who’ character for looking too ridiculous to lead the country... a man whose DNA profile is the exact same as a Bernard Manning joke... "the clown is crowned as the country burns in hell”

IMF backs Trump’s claim of `overvalued’ dollar, amidst trade tensions
18 Jul 2019
The IMF’s External Sector Report said the euro's real effective exchange rate was 8 per cent to 18 per cent too low for Germany's fundamentals while China's yuan showed wide divergences from an 11.5 per cent undervaluation to an 8.5 per cent overvaluation due to uncertainties over Beijing's policy outlook

Chinese companies to build 100-km Tallinn-Helsinki train tunnel
12 Jul 2019
The $16.8 billion project, once completed, would help cut down travel time between the two capitals to 20 minutes from the 3-hour ferry ride at present and give a big boost to China’s Belt and Road initiative

Indonesia to build 7-km bridge linking islands near Singapore
11 Jul 2019
President Joko Widodo’s plan is to market Batam, an island closer to Singapore’s Changi airport and the only free trade zone in Indonesia, to investors looking to relocate factories out of China amid a raging trade war between Beijing and Washington

US House passes bill to lift 7% country cap on Green Card
11 Jul 2019
Indian professionals, being larger in numbers, have a waiting period is more than 10 years and this may go up to 70 years for those on the H1-B visa, as per some recent studies

Ghana to host African Continental Free Trade Association
08 Jul 2019
Leaders at the African Union summit in Niger announced the launch of the 55-nation trade bloc that would bring together 1.3 billion people and create a $3.4 trillion economic powerhouse

Trump lifts ban on Huawei sales, but keeps it in negative list
01 Jul 2019
Addressing a press conference on the sidelines of the G20 summit in Osaka, Japan, US President Donald Trump said the lifting the ban on Huawei would be part of a larger trade deal with China

PM stresses states’ role in India’s march towards $5 trillon economy
17 Jun 2019
He said a thrust on export promotion at the state level will provide a boost to both income and employment

G20: India seeks reciprocal market access for its products
10 Jun 2019
Commerce and industry minister attending the G20 Ministerial Meeting on Trade and Investment and Digital Economy in Japan held bilateral meetings with a number of countries on the sidelines of the main event

China hints at halting rare earth exports to US
30 May 2019
China accounted for at least 71 per cent of mined output of rare earths last year, and an even higher percentage of processed rare earth compounds, while the US sourced 80 per cent of its rare earth imports from China from 2014 to 2017, according to US statistics

Theresa May resigns as British Prime Minister
24 May 2019
May’s departure will deepen the Brexit crisis as a new leader is likely to want a more decisive split, raising the chances of a confrontation with the EU and possibly a snap parliamentary election

Joko Widodo re-elected as Indonesian president
21 May 2019
The result was released a day ahead of schedule in the early hours today, amid fears of violent unrest after rival candidate Prabowo Subianto, 67, had alleged "widespread cheating" and warned of potential street protests

China warns retaliation as US bans Huawei
17 May 2019
The Bureau of Industry and Security (BIS) of the US Department of Commerce has followed up President Trump’s executive order by adding Huawei Technologies Co and its affiliates to the Bureau’s (banned) Entity List
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Hariman Sharma lets apple travel to India’s warmer climes
10 Feb 2025
Apple, which was the preserve of the cooler Himalayan region in India, is now everywhere – in the East, the West and the South - thanks to one enterprising Himachal farmer, Hariman Sharma.

The cost of neglecting water transport
03 Feb 2025
Inland water transport is widely recognised as a cheaper and environment friendly mode of transport and, as per a report prepared by RITES

Crypto Currencies Trying To Undermine Global Financial System
27 Jan 2025
US President Donald Trump, it seems, is the latest to join the frenzy for personal or corporate currency, with $TRUMP, or what they call a meme coin, giving a further boost to his crypto image.

As costs of saying final goodbyes rise UK families resort to crowdfunding to pay for funerals
By Axel Miller | 16 Jan 2025
The cost of saying a final goodbye to loved ones in the UK has reached a grim new high, leaving families grappling with unexpected financial burdens.

The life and times of Manmohan Singh, former Prime Minister of India
By Cygnus | 28 Dec 2024
On 27th December 2024 India and the world lost one of their finest statespersons in a hundred years. Manmohan Singh, born on 26th September 1932, in Gah, Punjab (now in Pakistan)

The remarkable Ratan Tata
By Kiron Kasbekar | 23 Oct 2024
One newspaper report of Ratan Tata’s passing away showed an old photo of him climbing into the cockpit of a Lockheed Martin F-16 fighter.

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.
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