World economy
![Fed pares May bond purchase limit to $45 bn Fed pares May bond purchase limit to $45 bn](/economy/worldeconomy/images/janet_yellen_sm_domain-b.jpg)
Fed pares May bond purchase limit to $45 bn
02 May 2014
The Federal Reserve on Wednesday announced a $10-billion reduction in its monthly bond-buying programme
![Sanctions on Russia likely on Monday as G-7 agrees to ‘move swiftly’ Sanctions on Russia likely on Monday as G-7 agrees to ‘move swiftly’](/economy/worldeconomy/images/us_state_logo_domain-b.jpg)
Sanctions on Russia likely on Monday as G-7 agrees to ‘move swiftly’
26 Apr 2014
The leaders of the Group of Seven major economies have agreed to “move swiftly” to impose further sanctions on Russia over the Ukraine crisis
![US weighing penal action against India over drug IP issue US weighing penal action against India over drug IP issue](/economy/trade/images/ustr_gov_sm_domain-b.jpg)
US weighing penal action against India over drug IP issue
21 Apr 2014
US drug majors are upset with India's patent law, which refuses to grant patents for incremental innovations
![Shell's Sakhalin-2 project expansion gets Putin's support Shell's Sakhalin-2 project expansion gets Putin's support](/companies/companies_s/Shell/images/vladimir_putin_april_sm_domain-b.jpg)
Shell's Sakhalin-2 project expansion gets Putin's support
19 Apr 2014
Russian president, Vladimir Putin yesterday promised support to Shell chief executive officer Ben van Beurden’s plan to expand the Sakhalin-2 oil and gas project in Russia’s Far East, at a meeting at his residence near Moscow
![Lesson to India: China admits nearly 20% of farmland polluted Lesson to India: China admits nearly 20% of farmland polluted](/economy/worldeconomy/images/china_daily_sm_domain-b.jpg)
Lesson to India: China admits nearly 20% of farmland polluted
19 Apr 2014
About 16.1 per cent of soil and 19.4 per cent of farmland in mainland China is polluted, according to an official government report released this week.
![Chinese real estate hit by slowest growth in six quarters Chinese real estate hit by slowest growth in six quarters](/economy/worldeconomy/images/shanghai_citic_sm_domain-b.jpg)
Chinese real estate hit by slowest growth in six quarters
16 Apr 2014
The weakest first-quarter property-investment growth since 2009 indicates tight credit and faltering demand adding to economic and default danger
![Global poverty could be up to a third higher than reported Global poverty could be up to a third higher than reported](/economy/worldeconomy/images/global_poverty_sm_domain-b.jpg)
Global poverty could be up to a third higher than reported
15 Apr 2014
New research suggests that global poverty figures could be underestimated by up to a third
![How widespread is tax evasion? How widespread is tax evasion?](/economy/worldeconomy/images/us_tax_rate_sm_domain-b.jpg)
How widespread is tax evasion?
12 Apr 2014
Every 1 per cent increase in the top US tax rate leads to an increase of 2.1 per cent to 2.8 per cent in foreign portfolio investment (FPI) from tax havens by Peter Dizikes
![RBI chief Rajan calls for global ‘safety-net’ fund RBI chief Rajan calls for global ‘safety-net’ fund](/economy/worldeconomy/images/raghuram_rajan_sm_domain-b.jpg)
RBI chief Rajan calls for global ‘safety-net’ fund
11 Apr 2014
RBI governor Raghuram Rajan says a global safety net would be a good policy that could help limit the need to build up reserves, offering little credit risk against extreme balance sheet policies of countries
Featured articles
![](/Uploads/Images/thumb_733d509d-493c-41e9-b429-1260d912bb91-Aerogel-Crayon.jpg)
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
![](/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)