World economy
![US trade gap increases to $47.24 bn in April US trade gap increases to $47.24 bn in April](/economy/worldeconomy/images/connector_ship_sm_domain-b.jpg)
US trade gap increases to $47.24 bn in April
05 Jun 2014
The trade deficit rose sharply in April to the widest in two years as consumers bought record amounts of imported consumer goods, business equipment and automobiles
![Spanish liberty hero King Carlos abdicates in favour of son Felipe Spanish liberty hero King Carlos abdicates in favour of son Felipe](/people/in_the_news/images/king_juan_carlos_sm_domain-b.jpg)
Spanish liberty hero King Carlos abdicates in favour of son Felipe
03 Jun 2014
King Juan was instrumental in returning Spain to democracy after the Franco dictatorship and is widely respected across Spain
![Spain plans $8.6 billion stimulus package Spain plans $8.6 billion stimulus package](/economy/worldeconomy/images/mariano_rajoy_sm_domain-b.jpg)
Spain plans $8.6 billion stimulus package
02 Jun 2014
The stimulus is expected to boost the Spanish economy's competitiveness and create jobs
![Diageo worried Scottish independence may give it a hangover Diageo worried Scottish independence may give it a hangover](/industry/Alcohol/images/ivan_menezes_sm_domain-b.jpg)
Diageo worried Scottish independence may give it a hangover
31 May 2014
Ivan Menezes, CEO, Diageo Plc, says that conflicts over currency and new tax arrangements after a possible Scottish independence could damage the Scotch whisky industry. By Jagdeep Worah
![Drugs, sex add £10 bn a year to UK economy: official study Drugs, sex add £10 bn a year to UK economy: official study](/economy/worldeconomy/images/drugs_sm_domain-b.jpg)
Drugs, sex add £10 bn a year to UK economy: official study
30 May 2014
Illegal drugs and prostitution have contributed £10 billion to the UK economy – more than many other business activities like house-building, official data shows
![Russia, Belarus and Kazakhstan form Eurasian Economic Union Russia, Belarus and Kazakhstan form Eurasian Economic Union](/economy/worldeconomy/images/vladimir_putin_sm_domain-b.jpg)
Russia, Belarus and Kazakhstan form Eurasian Economic Union
30 May 2014
The treaty guarantees free movement of goods, services, capital and labor among member states and policy coordination in key sectors, including energy, industry, agriculture and transportation
![Pakistan PM Nawaz Sharif lands in Delhi for historic visit Pakistan PM Nawaz Sharif lands in Delhi for historic visit](/economy/worldeconomy/images/nawaz_sharif_sm_domain-b.jpg)
Pakistan PM Nawaz Sharif lands in Delhi for historic visit
26 May 2014
Modi and Sharif have set a precedent; it is the first time that an elected prime minister of Pakistan is attending the swearing-in of an Indian counterpart
![Pak PM Nawaz Sharif accepts invite to attend Modi’s swearing-in Pak PM Nawaz Sharif accepts invite to attend Modi’s swearing-in](/economy/worldeconomy/images/nawaz_sharif_sm_domain-b.jpg)
Pak PM Nawaz Sharif accepts invite to attend Modi’s swearing-in
24 May 2014
Prime Minister Nawaz Sharif will become the first Pakistani premier to attend the swearing in of an Indian prime minister
![Chinese mining tycoon sentenced to death for mafia-style operation Chinese mining tycoon sentenced to death for mafia-style operation](/economy/worldeconomy/images/liu_han_sm_domain-b.jpg)
Chinese mining tycoon sentenced to death for mafia-style operation
23 May 2014
Chinese mining tycoon Liu Han and four others, including his younger brother Liu Wei were sentenced to death after the court found all 35 members of the gangland guilty for criminal activities
![Greek economic hardship leads to air pollution crisis Greek economic hardship leads to air pollution crisis](/environment/images/air_pollution_crisis_sm_domain-b.jpg)
Greek economic hardship leads to air pollution crisis
23 May 2014
A study from researchers in the US and Greece reveals an overlooked side effect of economic crisis — dangerous air quality caused by burning cheaper fuel for warmth
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.
![](/Uploads/Images/thumb_97943c9b-6e8f-429b-b355-1d4502bac437-Ponzi-Money.jpg)
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.
![](/Uploads/Images/thumb_0f8359a3-2528-4faf-86c9-707fb7bccc01-Hdfc-logo.jpg)
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
![](/Uploads/Images/thumb_dc6b9dcc-e31e-4574-82e7-928e089406e0-Finger_millet.jpg)
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
![](/Uploads/Images/thumb_e37827da-fafd-4991-8635-60fade3df34c-ICM.jpg)
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
![](https://businesshistory.domain-b.com/Uploads/Videos/Images/thumb_61209e69-fdfb-493a-add7-afc253731af7-YouTube-thumbnail-Hovercraf.jpg)
History of hovercraft Part 3...
By Kiron Kasbekar | Presenter: Kiron Kasbekar
![](https://businesshistory.domain-b.com/Uploads/Videos/Images/thumb_f5cfed27-cd8d-4644-9c6b-d1f3f64fb558-YouTube-thumbnail-Hovercraf.jpg)
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
![](https://businesshistory.domain-b.com/Uploads/Videos/Images/thumb_b54c323b-99c2-47ed-9df1-06452504c83a-YouTube-thumbnail-Indian-tr.jpg)