World economy
![Musharraf's remand extended beyond 11 May election date Musharraf's remand extended beyond 11 May election date](/people/in_the_news/images/pervez_musharraf_30april_sm_domain-b.jpg)
Musharraf's remand extended beyond 11 May election date
30 Apr 2013
Pakistan’s former military ruler Pervez Musharraf’s bid to re-enter politics through the democratic route is increasingly proving an embarrassment than a triumphant comeback
Bank lending to businesses set to improve in UK
29 Apr 2013
IRS recovers $5.5 bn from tax cheats
27 Apr 2013
US economy falls short of expectations in Q1
27 Apr 2013
Australian central bank to invest in China bonds
24 Apr 2013
Europe urged to do more at IMF meeting
23 Apr 2013
![Blackstone chief, others launch $300-mn Chinese scholarship Blackstone chief, others launch $300-mn Chinese scholarship](/economy/worldeconomy/images/stephen_schwarzman_sm_domain-b.jpg)
Blackstone chief, others launch $300-mn Chinese scholarship
22 Apr 2013
The donors, with vast business interests in China, have announced the creation of a $300-million scholarship for study in China, which they hope will rival the Rhodes Scholarship in prestige and influence
![US Senate to vote on online sales tax bill US Senate to vote on online sales tax bill](/infotech/ebusiness/images/eBay_modern_store_sm_domain.jpg)
US Senate to vote on online sales tax bill
22 Apr 2013
The US Senate will vote on a bill that would give local governments additional revenue by charging sales tax on all internet purchases, adding up to $11 billion to states' coffers every year
UK expected to avoid triple-dip recession
22 Apr 2013
![Court orders Musharraf's custody for two week Court orders Musharraf's custody for two week](/economy/worldeconomy/images/musharraf_sm_domain-b.jpg)
Court orders Musharraf's custody for two week
20 Apr 2013
An anti-terrorism court in Islamabad today orderd two weeks’ custody for former Pakistan President Pervez Musharraf over “illegal” detention of judges in 2007
![Fitch strips UK of AAA status Fitch strips UK of AAA status](/economy/worldeconomy/images/clock_tower_sm_domain-b.jpg)
Fitch strips UK of AAA status
20 Apr 2013
The UK has already been downgraded by Moody’s in February, leaving Standard & Poor’s as the only major ratings agency to rate the UK as an AAA country
![India tops global inward remittances list at $69 bn in in 2012: World Bank India tops global inward remittances list at $69 bn in in 2012: World Bank](/economy/general/images/foreign_currency_sm_domain-b.jpg)
India tops global inward remittances list at $69 bn in in 2012: World Bank
20 Apr 2013
India has emerged the largest recipient of overseas remittances in the world, followed by China the Philippines, Mexico and Nigeria and Egypt
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
![](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)