World economy
![PM to press hard for equal shares in proposed BRICS bank PM to press hard for equal shares in proposed BRICS bank](/economy/worldeconomy/images/BRICS_bank_sm_domain-b.jpg)
PM to press hard for equal shares in proposed BRICS bank
15 Jul 2014
While India does not want any nation to dominate the bank, to prevent the kind of distortio nin the World Bank or IMF, China wants aa larger stake in the bank, as it is by far the leading economy of the BRICS bloc
![Politics not economics caused income inequality in the US? Politics not economics caused income inequality in the US?](/economy/worldeconomy/images/ronald_reagan_sm_domain-b.jpg)
Politics not economics caused income inequality in the US?
14 Jul 2014
A study suggests that the politically-induced decline in the strength of worker unions may have played a pivotal role than previously understood,for the growing income inequality in the United States
![Kurdish forces seize 2 north Iraq oilfields Kurdish forces seize 2 north Iraq oilfields](/industry/oil_gas/images/oilfields_sm_domain-b.jpg)
Kurdish forces seize 2 north Iraq oilfields
12 Jul 2014
An oil ministry spokesman in Baghdad described the takeover as dangerous and irresponsible and called for the Kurdish forces to withdraw immediately
![Economics determines Somalian support for piracy: Oxford - Kings study Economics determines Somalian support for piracy: Oxford - Kings study](/economy/trade/images/ship_july_sm_domain-b.jpg)
Economics determines Somalian support for piracy: Oxford - Kings study
11 Jul 2014
Somali communities protect pirates only as a last resort or when there is no alternative source of income, a new study has found
![The perils of Bitcoin as currency The perils of Bitcoin as currency](/economy/worldeconomy/images/rahul_singh_sm_domain-b.jpg)
The perils of Bitcoin as currency
09 Jul 2014
The similarities between bitcoin and the gold standard go beyond the metaphor of ''mining,'' which describes how new bitcoins are dug up with computing power, argues Rahul Singh, ISPS Director's Fellow in Domestic Policy
![Germany proposes toll on foreign motorists to upgrade roads Germany proposes toll on foreign motorists to upgrade roads](/economy/worldeconomy/images/upgrade_roads_sm_domain-b.jpg)
Germany proposes toll on foreign motorists to upgrade roads
08 Jul 2014
The toll, proposed to be imposed at the start of 2016, will see about 700 million foreign motorists on German roads paying about €600 million annually
![Eduard Shevardnadze, Georgian ex-president, USSR's last foreign minister dies at 86 Eduard Shevardnadze, Georgian ex-president, USSR's last foreign minister dies at 86](/people/in_the_news/images/eduard_shevardnadze_sm_domain-b.jpg)
Eduard Shevardnadze, Georgian ex-president, USSR's last foreign minister dies at 86
07 Jul 2014
After the break-up of the Soviet Union, Shevardnadze led his native Georgia from 1992 to 2003 through its turbulent start as an independent state
Microsoft among those in EU tax investigation
05 Jul 2014
Obama calls for further Wall Street reforms
03 Jul 2014
![China gives banks freedom to fix over-the-counter dollar rates China gives banks freedom to fix over-the-counter dollar rates](/economy/worldeconomy/images/100_yuan_sm_domain-b.jpg)
China gives banks freedom to fix over-the-counter dollar rates
03 Jul 2014
The announcement comes ahead of the China-US strategic and economic dialogue
China’s services sector booms as economy revives
03 Jul 2014
UK extends flexible working rights to all
30 Jun 2014
Featured articles
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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!
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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.
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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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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
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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
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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
Business History Videos
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History of hovercraft Part 3...
By Kiron Kasbekar | Presenter: Kiron Kasbekar
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History of hovercraft Part 2...
By Kiron Kasbekar | Presenter: Kiron Kasbekar
![](https://businesshistory.domain-b.com/Uploads/Videos/Images/thumb_1510a271-632f-46ba-846b-a761ccffe903-History-of-Hovercraft.jpg)
History of Hovercraft Part 1...
By Kiron Kasbekar | Presenter: Kiron Kasbekar
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