World economy

US Congress caps defence aid to Pakistan to $150 mn
03 Aug 2018
American President Donald Trump, who has been tough on Pakistan, has to now give his assent to a bill passed by both the House of Representatives and the US Congress that slashes aid to the nation to a mere $150 million
Trump warns of government ‘shut down’ if Congress fails to clear Mexican border wall plan
31 Jul 2018

US announces Indo-Pacific initiatives to counter China
31 Jul 2018
The new initiatives covering technology, energy and infrastructure aim at accelerating United States’ private sector involvement in the region and supporting more US export opportunities

Iranian rial falls below 110,000 a dollar as US sanctions loom
30 Jul 2018
Tehran tried to fix the rate at 42,000 rials per dollar in April, and threatened crackdown on black marketers, but trade worries about a prolonged economic downturn continued to hurt the rial

Donald Trump says 'vicious' China targeting US farmers
28 Jul 2018
China has instead accused US President Donald Trump of aggressive trade actions that would render several Chinese companies bankrupt

Modi calls for technology-led growth for expanded BRICS cooperation
27 Jul 2018
India wants to work with other BRICS nations on the fourth industrial revolution, which fuses technologies and blurs the lines between physical, digital and biological spheres, Modi said, and called for sharing the best practices and policies in the area

US, EU in trade talks; Trump offers $12 bn to farmers hit by China row
26 Jul 2018
President Donald Trump seems to have climbed down from his initial stance, when he said at a Nato summit in Brussels that both the US and EU aim to avert a trade war before the two sides meet for talks in Washington

Migrating under entrepreneur programs can be big plus for SMEs
26 Jul 2018
Migrating to foreign shores is almost a must for Indian small or medium enterprises, as it offers many advantages like fresh markets, ease of doing business, a buffer against domestic shocks, and not least, a better future for one’s kids, says Ajay Sharma, president of visa consultancy Abhinav Outsourcings

Imran Khan’s PTI leads in Pak polls, rivals allege vote rigging
26 Jul 2018
The counting process is being carried out behind closed doors and changes are being made to Form-45, PML-N spokesperson Marriyum Aurangzeb told reporters

CPEC: Bounced cheque stalls road projects in Pakistan
24 Jul 2018
Reports said work on seven CEPC highway portions covering 400-km on the Hakla-Dera Ismail Khan, the Western Route and all sections of the Karachi-Lahore Motorway (KLM) are hit by the financial crunch

Trump willing to hit all Chinese goods with high tariffs: report
21 Jul 2018
Chinese exports to the US hit $505.5 billion in 2017, against US exports of $129.9 billion to that country, which left the US with a trade deficit of $375.6 billion

US sanctions on Iran and its cascading effect on India
18 Jul 2018
While India's official stand is that it 'follows only UN sanctions, and not unilateral sanctions by any country', the oil ministry has nonetheless asked refiners to drastically reduce or end import of Iranian oil by the US-set deadline of 4 November. A better option might be to revive the credit and rupee-rial payment mechanisms that were used earlier, says Abhishek Bansal, founder and chairman, ABans Group

Trump says he "misspoke" in Helsinki
18 Jul 2018
Faced with a wave of criticism, both at home and abroad, over his statements at the Helsinki summit, President Trump said he accepts the conclusion of the US agencies that Russia meddled in the 2016 US elections

Donald Trump, Vladimir Putin meet in summit; eye a new era
16 Jul 2018
President Donald Trump said he wanted good relations with Russia, and blamed Washington’s own past “foolishness and stupidity” for the countries’ hostile ties

US announces fresh tariffs on $200 bn worth of Chinese goods
11 Jul 2018
The new list of goods that would face 10 per cent punitive duties includes frozen meats, live and fresh fish and seafood, butter, onions, garlic and other vegetables, fruits, nuts, metals, and a massive list of chemicals, as well as tires, leather, fabrics, wood and papers
Latest articles
Featured articles

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.
Business History Videos

History of hovercraft Part 3...
By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of hovercraft Part 2...
By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Hovercraft Part 1...
By Kiron Kasbekar | Presenter: Kiron Kasbekar
