World economy
Greece warned of bleak future with euro exit
19 May 2012
Japan’s GDP grows 4.1 per cent in Q1
17 May 2012
The Japanese economy registered a higher-than expected annualised growth of 4.1 per cent in the first quarter of 2012, amid mounting concerns of the European debt crisis and the Greek turmoil
Firm action sought against software piracy
17 May 2012
The commercial value of pirated software in the US amounted to nearly $10 billion, exceeding China's illegal software market of $9 billion last year
Exports to EU slide but UK deficit down
17 May 2012
Green motoring to run up £13-bn loss to UK exchequer
16 May 2012
Tax breaks for electric cars and lower fuel consumption from fuel-efficient vehicles would blow a £13-billion hole in the UK's public finances, a think tank warns
Hollande sworn in as president of France
15 May 2012
Immediately after his swearing in, Hollande air dashed to Berlin to challenge German chancellor Angela Merkel's austerity prescription for Europe
Global stocks plunge over possible Greece exit from eurozone
15 May 2012
Global stocks plunged over the possible exit of Greece from the euro zone and concerns over China’s move to prop up lending to combat eon omic slowdown
China cuts bank’s reserve requirement ratio
14 May 2012
To combat the current slowdown in its economic growth, China cut its reserve requirement ratio for the second time this year
Australian union moots new “millionaires tax”
12 May 2012
UK construction output slumps 4.8 per cent in Q1
12 May 2012
US government could earn $15.1 bn from AIG bailout
09 May 2012
The government believes that it can recover in full the taxpayers’ money injected into AIG, at the height of the financial meltdown in 2008
Spain to rescue major bank Bankia
08 May 2012
The Spanish government is planning to rescue troubled lender Bankia SA that could involve pumping in billions of euros of taxpayers’ money
Eurozone April PMI slumps; unemployment hits record high
03 May 2012
The Eurozone’s April PMI registered a 34-month low , with production having declined in all the big-four economies — Germany, France, Italy and Spain
Aung San Suu Kyi sworn in as member of Myanmar’s parliament
02 May 2012
Opposition leader Aung San Suu Kyi was sworn in as a member of Myanmar's military-backed parliament today, the first time she has assumed public office after the launch of her struggle against authoritarian rule nearly a quarter century ago
Spain slides back into recession
02 May 2012
Russia, China ink deals worth $15 bn
30 Apr 2012
Two of the world’s largest economies, Russia and China, signed 27 contracts worth $15 billion over the week end in Moscow, covering diverse areas including finance, direct investment, energy, machine building and electronics.
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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