World economy
Major fire guts Notre-Dame Cathedral in Paris
16 Apr 2019
Firefighters barely managed to save the shell of the stone structure and its two main bell towers from collapse, even as they battled to rescue some of Notre-Dame’s treasures, including artwork
European Union agrees to 6-month delay for Brexit
11 Apr 2019
If the British parliament accepts the extension and London remains in the European Union after 22 May, British voters will have to take part in European parliamentary elections, which most EU members oppose
Israel's Netanyahu set for a fifth term as prime minister
10 Apr 2019
Netanyahu had pledged to annex Jewish settlements in West Bank if re-elected, which is likely to further hinder Israel-Palestine peace talks that have been stalled since 2014
WTO sees global trade growth decelerating to 2.6% in 2019
03 Apr 2019
In a worst case scenario in which international cooperation on tariffs breaks down completely and countries set tariffs unilaterally, WTO expects a reduction in world GDP in 2022 of about 2 per cent and a reduction in global trade of about 17 per cent compared to baseline projections
Cyclone Idai claims over 700, displaces millions in Southern Africa
25 Mar 2019
While almost 110,000 people have been saved, according to the National Institute of Disaster Management, at least 600,000 people have been displaced, the WFP said
Mueller report sees no Trump role in Russian meddling in US elections
25 Mar 2019
Attorney General William Barr said the investigation by US Special Counsel Robert Mueller into the alleged Russian meddling in US elections failed to prove any Russian connection to Trump and that there was insufficient evidence that Trump had attempted to obstruct justice
US Fed pauses on interest rate hike
22 Mar 2019
The Federal Open Markets Committee said the decision to leave the target range for the federal funds rate at 2.25 per cent to 2.5 per cent was based on labour market conditions, inflation indicators and readings on financial and international developments
Over 2 million sign no-Brexit petition
22 Mar 2019
EU sets 12 April Brexit date if May’s deal fails in parliament
22 Mar 2019
If Prime Minister Theresa May wins the 29 March parliament vote, Britain will get time until 22 May to leave the Union, so as to avoid legal wrangling and smoothen the process
No-deal Brexit looms as Parliament dumps May’s new deal
13 Mar 2019
Lawmakers will now vote on whether Britain should quit the European Union without a deal, even as business leaders caution against such a move that would disrupt markets and supply chains, causing shortages of food and medicines
EU, Britain hammer out new Brexit plan
12 Mar 2019
While the new wording “will guarantee that the EU cannot act with the intent of applying the backstop indefinitely,” the changes fall well short of Brexiteers’ demands for a unilateral British exit from backstop – a mechanism that ties Britain to the EU customs union
ECB keeps rates unchanged; plans boost to stimulus
08 Mar 2019
ECB President Mario Draghi said the package of assistance from new loans for banks to a longer pledge on record-low rates is intended to expand existing stimulus as growth in the euro-zone economy is forecast to drop 0.6 percentage points to 1.1 per cent this year
US, China move closer to trade deal: report
04 Mar 2019
Trump threatens national emergency as Democrats squeeze wall funds
15 Feb 2019
Democrats are proposing a tech wall to secure the US border, a move that would enrich tech and military contractors like Raytheon, Amazon, and the likes of Geo Group while extending civil rights violations through fresh surveillance
New US development finance agency to curb Chinese influence
13 Feb 2019
The US International Development Finance Corporation, which has a corpus of $60 billion, will be able to make equity investments in the private sector overseas, according to a US government official
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The remarkable Ratan Tata
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By Kiron Kasbekar | 03 Jan 2024
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COP28 explained: A closer look at COP28's climate change solutions
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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
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