World economy
Europe, China strike €45-bn currency swap deal
11 Oct 2013
![Libya's Prime Minister Zeidan abducted by unknown gunmen Libya's Prime Minister Zeidan abducted by unknown gunmen](/economy/worldeconomy/images/ali_zeidan_sm_domain-b.jpg)
Libya's Prime Minister Zeidan abducted by unknown gunmen
10 Oct 2013
In an interview with the BBC on Monday, Zeidan had said Libya was being used as a base to export weapons throughout the region, and called on the West to help stop militancy in Libya
![Obama picks Janet Yellen to succeed Fed chairman Ben Bernanke Obama picks Janet Yellen to succeed Fed chairman Ben Bernanke](/people/in_the_news/images/janet_yellen_sm_domain-b.jpg)
Obama picks Janet Yellen to succeed Fed chairman Ben Bernanke
10 Oct 2013
US president Barack Obama yesterday nominated noted economist Janet Yellen as the country’s first woman to take the reins of the Federal Reserve, replacing outgoing chairman Ben Bernanke whose second term ends on 31 January 2014
![IMF pegs India 2013 growth at a low 3.75% IMF pegs India 2013 growth at a low 3.75%](/economy/general/images/imf_logo_sm_domain-b.jpg)
IMF pegs India 2013 growth at a low 3.75%
09 Oct 2013
The IMF, in its latest `World Economic Outlook’ report, says global growth is in low gear, and that the drivers of activity are changing
![Italian senate committee recommends expulsion of former PM Silivio Berlusconi Italian senate committee recommends expulsion of former PM Silivio Berlusconi](/people/in_the_news/images/silvio_berlusconi_feb_sm_domain-b.jpg)
Italian senate committee recommends expulsion of former PM Silivio Berlusconi
07 Oct 2013
An Italian Senate committee has recommended the expulsion of former prime minister Silvio Berlusconi from parliament following his conviction for tax fraud
US govt speak: What's affected by the shutdown?
03 Oct 2013
![Obama curtails Asia trip amid US government shutdown Obama curtails Asia trip amid US government shutdown](/economy/worldeconomy/images/barack_obama_15_sm_domain-b.jpg)
Obama curtails Asia trip amid US government shutdown
03 Oct 2013
Obama has accused Republicans of taking the government hostage to sabotage his signature healthcare law, the most ambitious US social programme in five decades
ADB says India can weather Fed storm
03 Oct 2013
![US government begins shutdown; 1 mn workers may lose pay US government begins shutdown; 1 mn workers may lose pay](/economy/worldeconomy/images/capitol_at_dusk_sm_domain-b.jpg)
US government begins shutdown; 1 mn workers may lose pay
01 Oct 2013
The US government began shutting down today for the first time in 17 years, a move that will put up to 1 million workers on unpaid leave and cost the US economy about $1 billion a week
US shutdown looms as Republicans play hardball
30 Sep 2013
![India seeks US reciprocity in solving trade, investment issues India seeks US reciprocity in solving trade, investment issues](/economy/trade/images/manmohan_singh_barack_obama_sm_domain-b.jpg)
India seeks US reciprocity in solving trade, investment issues
28 Sep 2013
India has promised to address US concerns over trade and investment policies, in a bid to achieve a five-fold increase in two-way trade from the current level of $100 billion
![US to hit debt ceiling by 17 October: Treasury secretary US to hit debt ceiling by 17 October: Treasury secretary](/economy/worldeconomy/images/Jack_Lew_sm_domain-b.jpg)
US to hit debt ceiling by 17 October: Treasury secretary
26 Sep 2013
US Treasury Secretary Jack Lew has warned that after 17 October the government would be left with only half the cash it needs to keep the country running
![US seeking superstate status for MNCs in India: report US seeking superstate status for MNCs in India: report](/economy/worldeconomy/images/united_states_capitol_sm_domain-b.jpg)
US seeking superstate status for MNCs in India: report
25 Sep 2013
The US wants multinational corporations to have the right to sue India abroad for settling disputes, bypasing the Suprem Court of India
![Diplomatic breakthrough: Iran agrees to nuclear talks Diplomatic breakthrough: Iran agrees to nuclear talks](/economy/worldeconomy/images/hassan_rouhani_sept_sm_domain-b.jpg)
Diplomatic breakthrough: Iran agrees to nuclear talks
24 Sep 2013
The talks will be the highest level contacts between the US and Iran in six years, in a sign that relations may be thawing.
![Egypt court slaps blanket ban on Muslim Brotherhood Egypt court slaps blanket ban on Muslim Brotherhood](/economy/worldeconomy/images/mohamed_morsi_sm_domain-b.jpg)
Egypt court slaps blanket ban on Muslim Brotherhood
24 Sep 2013
Analysts say a court ruling could force the group underground and provide a legal basis for further crackdowns
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.
![](/Uploads/Images/thumb_97943c9b-6e8f-429b-b355-1d4502bac437-Ponzi-Money.jpg)
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
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