World economy
UK banknotes to get tough new makeover from 2016
18 Dec 2013
India’s exports to US, Europe rise: minister
18 Dec 2013
Angela Merkel reelected German chancellor for third time
18 Dec 2013
Angela Merkel is the third post-WWII chancellor to win a third four-year term, after Helmut Kohl and Konrad Adenauer
NSA’s phone tapping unconstitutional: US judge
17 Dec 2013
The judge said the government "does not cite a single instance in which analysis of the NSA's bulk metadata collection actually stopped an imminent attack, or otherwise aided the government in achieving any objective that was time-sensitive in nature"
Governments divided on Bitcoin's status as money
16 Dec 2013
Norway has decreed Bitcoin to be an asset upon which capital gains tax could be charged, though it says the virtual currerncy did not qualify as real money
Japan to woo ASEAN with $20-bn aid pledge
13 Dec 2013
Japan is expanding currency swap deals with Indonesia, the Philippines and Singapore ahead of the week-end summit with the 10-member ASEAN
Japan’s cabinet approves $53 bn in stimulus spending
12 Dec 2013
The $ 53 billion in fresh stimulus approved on Thursday is expected to create at least 250,000 jobs
US Congressional negotiators near budget deal to ease spending cuts
11 Dec 2013
US congressional negotiators are nearing a deal aimed at keeping the government going for nearly two more years, striking a rare bipartisan agreement that is expected to ease the threat of automatic spending cuts
US growth to ramp up by mid-2014
10 Dec 2013
OECD sees growth picking up in major economies
10 Dec 2013
While October indicators for China, India and Russia showed tentative positive changes in momentum, the composite leading indicators of growth for these countries were still below the trend rate
Thai prime minister calls fresh elections, dissolves parliament
09 Dec 2013
Striking opposition leaders, meanwhile, vowed to continue the stir until Yingluck Shinawatra quit as prime minister and handed over control to an unelected council
WTO looks set for historic trade pact
06 Dec 2013
WTO director-general Roberto Azevedo said he has drafted a text incorporating terms that are acceptable to all members, including India, which had raised vocal objections over agriculture
Japan to pump $182 bn more to stimulate economy
06 Dec 2013
The 18.6 trillion yen package is an exaggerated figure, including loans from government-backed lenders and spending that are already scheduled
Political risk premiums zoom as emerging market FDI dips: World Bank
06 Dec 2013
The market for political risk insurance expanded 33 per cent last year to $100 billion, a historic high, and is on track for similar growth this year, even as FDI is falling
Featured articles
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.
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
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