World economy
![India, China to gain importance as US allies: Pew study India, China to gain importance as US allies: Pew study](/economy/worldeconomy/images/indain_us_china_sm_domain-b.jpg)
India, China to gain importance as US allies: Pew study
05 Dec 2013
Support for closer trade and business ties between the US and other nations stands at its highest point in more than a decade, a new poll reveals
![Deutsche Bank hit hardest as EU fines 6 banks €1.7 bn for rate-rigging Deutsche Bank hit hardest as EU fines 6 banks €1.7 bn for rate-rigging](/finance/banks/Deutsche_Bank/images/deutsche_bank_sm_domain-b.jpg)
Deutsche Bank hit hardest as EU fines 6 banks €1.7 bn for rate-rigging
05 Dec 2013
Whistle blowers, Britain's Barclays and Switzerland's UBS, escaped fines over rate-rigging, while Germany's Deutsche Bank was slapped with the stiffest penalty of €725 million
![India more corrupt than 93 other nations: survey India more corrupt than 93 other nations: survey](/economy/worldeconomy/images/corruption_sm_domain-b.jpg)
India more corrupt than 93 other nations: survey
04 Dec 2013
Transparency International's annual list is the most widely used indicator of sleaze in political parties, police, justice systems and civil services, a scourge which undermines development and the fight against poverty
UK savings fall to lowest level in four decades
03 Dec 2013
Thai PM rejects protesters' call to step down
03 Dec 2013
![Nobel laureate Robert Shiller warns of US equity bubble Nobel laureate Robert Shiller warns of US equity bubble](/economy/worldeconomy/images/robert_shiller_sm_domain-b.jpg)
Nobel laureate Robert Shiller warns of US equity bubble
02 Dec 2013
2013 Nobel laureate for economics Robert Shiller warns that the recent sharp rise in equity prices in the US could signal the making of a financial bubble
Thai protesters lay siege to government offices
02 Dec 2013
![Next Steps for the US-Iran Deal Next Steps for the US-Iran Deal](/economy/worldeconomy/images/george_friedman_sm_domain-b.jpg)
Next Steps for the US-Iran Deal
30 Nov 2013
The foreign ministers of Iran and the six Western powers clinched a six-month deal that begins the curtailment of Iran's nuclear program while relaxing as much as $6 billion in sanctions. By George Friedman
![Berlusconi booted out of Italian house; can’t hold office for 6 yrs Berlusconi booted out of Italian house; can’t hold office for 6 yrs](/people/in_the_news/images/silvio_berlusconi_sm_domain-b.jpg)
Berlusconi booted out of Italian house; can’t hold office for 6 yrs
28 Nov 2013
The Italian Senate has expelled three-time Prime Minister Silvio Berlusconi from Parliament over his conviction for tax fraud
![German parties hammer out deal for Merkel-led coalition German parties hammer out deal for Merkel-led coalition](/economy/worldeconomy/images/angela_merkel_28nov_sm_domain-b.jpg)
German parties hammer out deal for Merkel-led coalition
28 Nov 2013
After 17 hours of marathon negotiations German Chancellor Angela Merkel’s conservative Christian Democratic Party and its main opposition, the Social Democrats, hammered out a deal for a grand "left-right" coalition
![US tech firms may lose $35 bn as backlash against NSA mounts abroad US tech firms may lose $35 bn as backlash against NSA mounts abroad](/economy/worldeconomy/images/nsa_logo_domain-b.jpg)
US tech firms may lose $35 bn as backlash against NSA mounts abroad
27 Nov 2013
Disclosures of spying abroad might cost US companies a whopping $35 billion in lost revenue through 2016
![Israelis, Saudis and the Iranian agreement Israelis, Saudis and the Iranian agreement](/economy/worldeconomy/images/george_friedman_sm_domain-b.jpg)
Israelis, Saudis and the Iranian agreement
27 Nov 2013
The US goal is to eliminate Iran's nuclear weapons before they are built, without the United States having to take military action to eliminate them, while Iran's primary goal is regime preservation. By George Friedman
Russia’s free trade offer to Ukraine unnerves EU
26 Nov 2013
![Swiss voters overwhelmingly reject salary caps Swiss voters overwhelmingly reject salary caps](/management/general/images/cash_sm_domain-b.png)
Swiss voters overwhelmingly reject salary caps
25 Nov 2013
Despite opinion polls showing strong opposition to huge executive paychecks, Swiss voters yesterday rejected severe limits on executive pay
![Relief to India as US-Iran deal eases oil prices, buoys markets Relief to India as US-Iran deal eases oil prices, buoys markets](/economy/general/images/oil_tanker_sm_domain-b.jpg.png)
Relief to India as US-Iran deal eases oil prices, buoys markets
25 Nov 2013
The deal, which would help ease oil flows, has come as a big relief for India and other oil buying countries
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
![](/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
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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)