World economy
Pakistan seeks IMF bailout from CPEC debts
15 Oct 2018
Pakistan's finance minister Asad Umar who met MF managing director Christine Lagarde at the IMF summit in Bali, said Pakistan’s current year debt repayments are about $9 billion and that Pakistan is ready to share details of CPEC debt with the IMF
Maldives’ Ibrahim Mohamed Solih finally declared president-elect
01 Oct 2018
Election authorities say they had been pressured to delay the final announcement of strongman Abdulla Yameen's decisive loss
US Fed raises policy rate to 2-2.25%, promises more hikes
27 Sep 2018
The US central bank foresees another rate hike in December, three more next year, and one in 2020, which would take the benchmark overnight lending rate to 3.4 per cent, roughly half a percentage point above the Fed's estimated “neutral” rate of interest
Investor immigration: many opportunities as nations vie for funds
26 Sep 2018
Investment-based immigration has gained steam especially after the 2008 financial meltdown, as a host of countries has come up with attractive programmes to attract foreign funds, says Ajay Sharma, president of immigration and visa consultancy Abhinav Outsourcings
Iran military vows revenge after attack on parade leaves 29 dead
24 Sep 2018
Saturday's assault, one of the worst against the elite force of the Islamic Republic, comes at a time when the United States and its Gulf allies are working to isolate Tehran and could act as a trigger for a US war on Iran
Maldives’ President Yameen loses out to Ibrahim Mohamed Solih
24 Sep 2018
Results released by the electoral commission showed Yameen on 41.7 per cent of the vote, well behind Solih on 58.3 per cent — the only other candidate
Pakistan seeks Saudi role in CPEC to lessen financial burden
21 Sep 2018
An extension of the project to Saudi Arabia will both achieve China’s need to push into new areas of influence and Pakistan’s need to find source of finance for the Chinese projects
US hikes tariffs on $200 bn of Chinese goods, Beijing hits back
19 Sep 2018
China raised tariffs on $60 bn of US goods, bringing 5,207 types of US goods, including coffee, honey and industrial chemicals, under the tariff net as US slapped equal amount of duties on some 5,000 Chinese-made goods worth about $200 bn
Trump asks Apple to pull out of China as trade war escalates
10 Sep 2018
US President Donald Trump called for Apple to make its products in the US instead of China, even as he threatened to impose levies on all of Chinese goods imported to the United States
Trump asks Apple to pull out of China as trade war escalates
10 Sep 2018
US President Donald Trump called for Apple to make its products in the US instead of China, even as he threatened to impose levies on all of Chinese goods imported to the United States
Greener growth could add $26 trn to world economy by 2030: report
06 Sep 2018
Greener growth could generate over 65 million new low-carbon jobs, avoid over 700,000 premature deaths and generate an estimated $2.8 trillion in government revenues per year in 2030 - equivalent to the total GDP of India today, says the report
Did death rate affect the 2016 US presidential elections?
06 Sep 2018
New analysis shows that relatively modest incremental reductions in age-adjusted, county-level death rates could have had an influence on voting in swing states
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Hariman Sharma lets apple travel to India’s warmer climes
10 Feb 2025
Apple, which was the preserve of the cooler Himalayan region in India, is now everywhere – in the East, the West and the South - thanks to one enterprising Himachal farmer, Hariman Sharma.
The cost of neglecting water transport
03 Feb 2025
Inland water transport is widely recognised as a cheaper and environment friendly mode of transport and, as per a report prepared by RITES
Crypto Currencies Trying To Undermine Global Financial System
27 Jan 2025
US President Donald Trump, it seems, is the latest to join the frenzy for personal or corporate currency, with $TRUMP, or what they call a meme coin, giving a further boost to his crypto image.
As costs of saying final goodbyes rise UK families resort to crowdfunding to pay for funerals
By Axel Miller | 16 Jan 2025
The cost of saying a final goodbye to loved ones in the UK has reached a grim new high, leaving families grappling with unexpected financial burdens.
The life and times of Manmohan Singh, former Prime Minister of India
By Cygnus | 28 Dec 2024
On 27th December 2024 India and the world lost one of their finest statespersons in a hundred years. Manmohan Singh, born on 26th September 1932, in Gah, Punjab (now in Pakistan)
The remarkable Ratan Tata
By Kiron Kasbekar | 23 Oct 2024
One newspaper report of Ratan Tata’s passing away showed an old photo of him climbing into the cockpit of a Lockheed Martin F-16 fighter.
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.
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