World economy
European Union awarded 2012 Nobel Prize for peace
12 Oct 2012
`The stabilising part played by the EU has helped to transform most of Europe from a continent of war to a continent of peace’
IMF chief Christine Lagarde calls for decisive action on jobless rate from world leaders
11 Oct 2012
The IMF today backed giving debt-burdened Greece and Spain more time for reduction of their budget deficits, cautioning that cutting too far, too fast would do more harm than good
Pakistan government - judiciary tussle ends
11 Oct 2012
Longest double dip recession over: UK think tank
11 Oct 2012
UK likely to cut Indian aid, focus on trade
10 Oct 2012
Bernanke defends US monetary expansionism
10 Oct 2012
Bernanke said the recent Fed decision to inject a third round of liquidity (QE3) will not have any great economic implications for the US and its trading partners
German industrial output down in August
09 Oct 2012
World Bank cuts China, east Asia growth forecast
08 Oct 2012
Obama's re-election campaign boosted by positive jobs data
06 Oct 2012
The jobs report came with other signs of growing economic strength, including a surge in consumer confidence, the strongest auto sales in four years, improving stock prices and, finally a stabilisation of housing prices
US jobless rate falls to 7.8% in September
06 Oct 2012
The unemployment rate in the US has fallen surprisingly to 7.8 per cent in September, the lowest level since January 2009, down 0.3 per cent from Augusts’ 8.1 per cent
Gas bonanza, solar energy could be key to Greek revival
05 Oct 2012
Financially embattled Greece is now exploring possibilities of a turnaround through exploitation of offshore gas reserves that are estimated to be worth $600 billion
Global food prices to stay high till mid '13: FAO
05 Oct 2012
Global food prices are expected to stay high in the next six months after drought in the US and Russia cut grain supplies, according to the UN
Pakistan to cancel passports of tax dodgers
04 Oct 2012
Homeless people die 30 years younger than others: UK study
04 Oct 2012
A comprehensive study in the UK for the period 2001-2009 revealed the average age of death in the homeless population is just 47, compared to 77 years old in the general population
China produces most home appliances
03 Oct 2012
Iranian rial at new low amid sanctions, ‘mismanagement’
03 Oct 2012
Iran’s currency, the rial, has plummeted to a new low as Western sanctions against the country, over its alleged nuclear weapons programme, take effect.
Eurozone unemployment at record high 11.4% in August
03 Oct 2012
The International Monetary Fund (IMF) forecasts a 0.3 per cent contraction for the eurozone economy in 2012 and a marginal recovery next year with a 0.7 per cent growth
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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