World economy
Japan unveils record 2014 budget
23 Dec 2013
Japan, the world’s third-largest economy and the most-indebted nation in the developed world, has unveiled a record draft budget that outlines increased spending on social security, public works, and defence
S&P cuts EU rating, spares the UK
21 Dec 2013
Musharraf’s team seeks UN aid to end trial by ‘Kangaroo court’
21 Dec 2013
Prosecutors are demanding the death penalty or life imprisonment for the former dictator, who came to power by ousting current Prime Minister Nawaz Sharif in a bloodless coup in 1999
US economic growth surges to 4.1% in Q3
21 Dec 2013
Bank of Japan maintains record easing
20 Dec 2013
EU officials agree landmark banking deal
20 Dec 2013
The agreement envisages setting up a €55 billion ($75 billion) fund financed by the banks over a period of 10 years, to avoid future bank bailouts using taxpayers’ money
Fed to cut bond-buying by $10 bn from January, keep rate unchanged
19 Dec 2013
The cut in bond-buying would limit total central bank monetary support to the US economy to $75 billion, $10 billion lower than the current level of $85 billion
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
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The Rise and Rise of HDFC Bank
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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
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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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