World economy
![US posts biggest monthly budget surplus in 5 years US posts biggest monthly budget surplus in 5 years](/economy/worldeconomy/images/usa_flag_sm_domain-b.jpg)
US posts biggest monthly budget surplus in 5 years
13 May 2013
The US Treasury said that the country’s budget surplus in April was $113 billion, the largest in five years on the back of increased tax revenue
Election over, Pakistan starts counting vote
11 May 2013
Osborne warns UK’s richest over tax evasion
11 May 2013
![Thames Water proposes recycled water for Londoners as water crisis looms Thames Water proposes recycled water for Londoners as water crisis looms](/environment/images/thames_water_domain-b.jpg)
Thames Water proposes recycled water for Londoners as water crisis looms
11 May 2013
Thames Water is looking at wastewater recycling, including from dishwashers, washing machines, baths and toilets, to provide drinking water to London’s 10 million population, which is still growing
![Chinese claim trade increase, but figures don’t add up Chinese claim trade increase, but figures don’t add up](/economy/worldeconomy/images/china_flag_sm_doamin-b.jpg)
Chinese claim trade increase, but figures don’t add up
08 May 2013
China’s export growth surged unexpectedly in April, as shipments to the US and Europe decreased, leading Bank of America and Mizuho Securities analysts to say China's figures had been inflated
![Malaysian PM Najib Razak wins a second term Malaysian PM Najib Razak wins a second term](/economy/worldeconomy/images/mohd_najib_sm_domain-b.jpg)
Malaysian PM Najib Razak wins a second term
07 May 2013
Malaysia’s prime minister Najib Razak has returned to power for a second five-year term as his National Front coalition (Barisan Nasional) won majority seats in the country’s parliament
![European Commission cuts eurozone growth forecast European Commission cuts eurozone growth forecast](/economy/worldeconomy/images/eu_domain-b.jpg)
European Commission cuts eurozone growth forecast
04 May 2013
While the financial market situation has improved significantly and for the EU as whole interest rates have declined, this has not yet fed the real economy, and businesses in vulnerable economies continue to face tight credit conditions
Unemployment at new high in Europe, prices drop
02 May 2013
Mortgage approvals rise 5 per cent in UK
02 May 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!
![](/Uploads/Images/thumb_294b0bec-6ff0-43c9-9fbc-a14e7cc70fa5-COP28.jpg)
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)