World economy
Fitch places UK on rating watch negative
23 Mar 2013
Global ratings firm Fitch Ratings moved a step closer to stripping the UK of its top credit raing after chancellor of the exchequer George Osborne said debt would increase more than previously forecast
BRICS set to endorse reserves pool, development bank
22 Mar 2013
The framework agreement envisages grant of credits in local currencies and cooperation in capital markets and other financial services in BRICS markets
Cyprus seeks Russian loan to cut its debt
22 Mar 2013
Osborne’s fourth budget scraps fuel-duty hike
21 Mar 2013
Pak polls on 11 May as Zardari’s PPP completes term
20 Mar 2013
The election could mark the first time that one elected civilian government hands over the reins to another in Pakistan, which has seen three military coups and four military rulers
Markets cheer as Cyprus rejects levy on bank deposits
20 Mar 2013
Russians hold €15.4 billion of the total foreign deposits of €26.8 billion in Cyprus in the overall total of €64.8 billion
Eurozone trade deficit at €3.9 bn in January
19 Mar 2013
China's Xi moots infrastructure cooperation with India to mend ties
19 Mar 2013
Unveiling five proposals for keeping relations between India and China on the right track, Chinese President Xi Jinping suggested maintaining tranquility on the border while boosting commerce
Poorest hit hardest by tax policies
18 Mar 2013
Cyprus move to tax bank accounts jolts global markets
18 Mar 2013
The move to tax bank accounts has prompted a run on banks across Cyprus and other weaker euro zone economies, which could spread to other, larger, European countries
UK sets up cyber crime reduction partnership
16 Mar 2013
New Chinese Premier Li assures Indian PM of seeking closer ties
16 Mar 2013
Hours after his official appointment, China’s new Premier Li Keqiang told Prime Minister Manmohan Singh that Beijing would like to take strategic cooperation and partnership with New Delhi to a "new stage
BRICS seen outgrowing West by 2020
15 Mar 2013
The combined GDP of three BRICS countries - Brazil, India and China - will overtake that of the West by 2020, according to a UNDP report
Italy adamant on not returning killer marines; India furious
14 Mar 2013
Continuing to thumb its nose at India and its judicial system, Italy today remained adamant about not returning its two marines for trial in India over the killing of two fishermen off the south Indian coast in 2012
Xi Jinping formally appointed China’s president
14 Mar 2013
Though Xi had been officially elected for a five-year term, barring extraordinary events the 59-year-old would go on to hold the position for a decade.
Featured articles
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!
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.
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.
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
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
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
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