World economy
![Chancellor Merkel triumphs again in German elections Chancellor Merkel triumphs again in German elections](/people/in_the_news/images/angela_merkel_23spt_sm_domain-b.jpg)
Chancellor Merkel triumphs again in German elections
23 Sep 2013
German Chancellor Angela Merkel's Conservative Party won Germany's election on Sunday, but fell just short of an absolute majority
![Ten Indians among 70 killed in Nairobi mall terror Ten Indians among 70 killed in Nairobi mall terror](/economy/worldeconomy/images/kenyan_terror_sm_domain-b.jpg)
Ten Indians among 70 killed in Nairobi mall terror
23 Sep 2013
Kenyan troops claim to have rescued ‘most’ of the hostages inside the mall, but around ten people are still believed to be inside
![Rising food prices worry 80% of UK consumers Rising food prices worry 80% of UK consumers](/economy/worldeconomy/images/financial-stress_sm_domain-b.jpg)
Rising food prices worry 80% of UK consumers
23 Sep 2013
Almost eight in 10 shoppers in the UK are worried over rising food costs, with a third struggling to pay for food
![US Fed to continue bond buying, keep rates below 0.25% US Fed to continue bond buying, keep rates below 0.25%](/economy/worldeconomy/images/ben_bernanke_sm_domain-b.jpg)
US Fed to continue bond buying, keep rates below 0.25%
19 Sep 2013
US Federal Reserve has decided to maintain economic stimulus at the current level, despite speculation that it would start scaling it back
![Janet Yellen tipped to be next US Fed chief after Bernanke Janet Yellen tipped to be next US Fed chief after Bernanke](/people/in_the_news/images/janet_yellen_sm_domain-b.jpg)
Janet Yellen tipped to be next US Fed chief after Bernanke
18 Sep 2013
Janet Yellen, vice chairperson of the US Federal Reserve, who has a long career in the Fed system and chaired the White House council of economic advisers under Clinton, could be the first woman to hold the job
India, China to enhance media cooperation
17 Sep 2013
![Diplomacy better than armed hit on Syria, Obama tells US Diplomacy better than armed hit on Syria, Obama tells US](/economy/worldeconomy/images/barack_obama_15_sm_domain-b.jpg)
Diplomacy better than armed hit on Syria, Obama tells US
12 Sep 2013
President Obama said in a televised address that Russia's plan to place Syria’s chemical weapons under international control must be given a chance
UK government to privatise Royal Mail
12 Sep 2013
![Tony Abbott heads for huge win in Australian elections Tony Abbott heads for huge win in Australian elections](/people/in_the_news/images/tony_abbott_sm_domain-b.jpg)
Tony Abbott heads for huge win in Australian elections
07 Sep 2013
Abbott, a former boxer, Rhodes scholar and trainee priest, promised measures to restore political stability and slash taxes
![Vietnamese school children are ‘years ahead’ of Indian pupils, says study Vietnamese school children are ‘years ahead’ of Indian pupils, says study](/economy/worldeconomy/images/school_children_sm_domain-b.jpg)
Vietnamese school children are ‘years ahead’ of Indian pupils, says study
07 Sep 2013
The most disadvantaged children in Vietnam are educationally years ahead of their peers in India, and this is likely to have significant consequences for both economies, reveals an Oxford study
![G20 leaders vow to sustain balanced global economic growth, shun protectionism G20 leaders vow to sustain balanced global economic growth, shun protectionism](/economy/worldeconomy/images/g2o_logo_sm_domain-b.jpg)
G20 leaders vow to sustain balanced global economic growth, shun protectionism
07 Sep 2013
Leaders of the world’s largest economies agreed to reinforce the open and rules-based global economic system as they ended their summit at St Petersburg
![BRICS agree on $100 billion fund to steady market BRICS agree on $100 billion fund to steady market](/economy/worldeconomy/images/brics_meet_sm_domain-b.gif)
BRICS agree on $100 billion fund to steady market
06 Sep 2013
China will contribute $41 billion, while Brazil, Russia and India will chip in with $18 billion each with South Africa contributing $5 billion to the common fund
![Obama gets little backing at G20 for strike against Syria Obama gets little backing at G20 for strike against Syria](/economy/worldeconomy/images/obama_sm_domain-b.jpg)
Obama gets little backing at G20 for strike against Syria
06 Sep 2013
Leaders of the G20 group of influential economies remain divided over action against Syria as they enter the final day of their summit in St Petersburg today
Rift over Syria overshadows G20 summit
05 Sep 2013
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)