World economy
![Snowden widens asylum search after Russia says ‘nyet’ Snowden widens asylum search after Russia says ‘nyet’](/people/in_the_news/images/edward_snowden_sm_domain-b.jpg)
Snowden widens asylum search after Russia says ‘nyet’
02 Jul 2013
Snowden has now nowhere to go with Ecuador saying it never intended to facilitate his flight from Hong Kong and Venezuela dilly-dallying on the issue of providing asylum to the fugitive whistleblower
Apple again avoids taxes in the UK
02 Jul 2013
China’s manufacturing slows down in June
01 Jul 2013
![Kuwait to invest $5 bn in UK infrastructure Kuwait to invest $5 bn in UK infrastructure](/economy/worldeconomy/images/kuwait_sm_domain-b.jpg)
Kuwait to invest $5 bn in UK infrastructure
01 Jul 2013
Kuwait Investment Authority, which has more than $400 billion in assets under management, has already invested $24 billion in the UK, including in HSBC, BP and Vodafone.
US consumer confidence remains high in June
29 Jun 2013
!['Bad English' saved Japan's banks from global crisis: Japanese Dy PM 'Bad English' saved Japan's banks from global crisis: Japanese Dy PM](/people/in_the_news/images/taro_aso_sm_domain-b.jpg)
'Bad English' saved Japan's banks from global crisis: Japanese Dy PM
28 Jun 2013
Lax understanding of English helped Japanese banks emerge largely unscathed from the global financial crisis, says Japan's deputy prime minister and finance minister Taro Aso
![New US immigration bill gets Senate nod New US immigration bill gets Senate nod](/economy/worldeconomy/images/us_immigration_sm_domain-b.jpg)
New US immigration bill gets Senate nod
28 Jun 2013
US Vice President Joe Biden says bringing hard working immigrants out of the shadows and into the US economy will improve the country's balance sheet by nearly a trillion dollars over the next 20 years
OFT calls for review of payday lenders
28 Jun 2013
![Rudd back as Australian PM after Gillard loses labour ballot Rudd back as Australian PM after Gillard loses labour ballot](/people/in_the_news/images/kevin_rudd_and_gillard_sm_domain-b.jpg)
Rudd back as Australian PM after Gillard loses labour ballot
27 Jun 2013
Julia Gillard lost the Labour Party leadership ballot just months ahead of the general elections due in September to rival Kevin Rudd, whom she had ousted in 2010
![Pak agency formally charges Musharraf with Benazir killing Pak agency formally charges Musharraf with Benazir killing](/people/in_the_news/images/pervez_musharraf_30april_sm_domain-b.jpg)
Pak agency formally charges Musharraf with Benazir killing
25 Jun 2013
The chargesheet submitted today contained the statements of four witnesses, including two American reporters
![Italy’s ex-PM Berlusconi gets 7-yr sentence in sex scandal Italy’s ex-PM Berlusconi gets 7-yr sentence in sex scandal](/people/in_the_news/images/silvio_berlusconi_feb_sm_domain-b.jpg)
Italy’s ex-PM Berlusconi gets 7-yr sentence in sex scandal
25 Jun 2013
Italy's former Prime Minister Silvio Berlusconi has been sentenced to seven years in jail and banned from public office by a lower court in Milan
Qatar's emir hands over power to 33-year-old son
25 Jun 2013
Featured articles
![](/Uploads/Images/thumb_733d509d-493c-41e9-b429-1260d912bb91-Aerogel-Crayon.jpg)
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.
![](/Uploads/Images/thumb_0f8359a3-2528-4faf-86c9-707fb7bccc01-Hdfc-logo.jpg)
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
![](https://businesshistory.domain-b.com/Uploads/Videos/Images/thumb_61209e69-fdfb-493a-add7-afc253731af7-YouTube-thumbnail-Hovercraf.jpg)
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)