World economy
Joblessness tops world's worry list: global BBC poll
13 Dec 2011
The fear of losing jobs has become the fastest-rising worry for people around the world, reveals a BBC survey conducted among 11,000 people across 23 countries
UK recession may be deeper than expected
13 Dec 2011
The UK economy is now expected to contract by 1.3 per cent in 2012, as against a previous growth projection of 0.6 per cent, says a new forecast
US refuses to rescue indebted European nations through IMF
12 Dec 2011
Even if the US administration were to decide on backing the IMF, Congress is unlikely to allow it to do so
Thousands protest in Moscow against electoral fraud
12 Dec 2011
Nealry 50 cities across Russia have witnessed protests against alleged electoral fraud during the 4 December parliamentary vote in which prime minister Vladimir Putin’s United Russia Party won nearly 50 per cent of the vote
Britain’s controversial tax chief to quit next year, but whistleblower faces prosecution
10 Dec 2011
Moody’s downgrades French banks
10 Dec 2011
Eurozone deal leaves Britain isolated
09 Dec 2011
Britain, Europe’s third largest economy after Germany and France, refused to join the other 26 countries in a fiscal union
Threat of France losing triple-A rating hangs over EU summit
08 Dec 2011
S&P says France's economic forecast for 2012 was too high, despite having been lowered, and that its financial institutions were vulnerable because of their exposure to foreign debt
Income inequality at its widest in 30 years: OECD
06 Dec 2011
The widening of the income gap has been the result of deliberate action, including cuts in social spending and reduction in taxes on the wealthy
S&P warns of mass downgrade of euro zone countries
06 Dec 2011
The rating agency has threatened to downgrade 15 countries, including top-rated Germany and France, putting pressure on leaders to act.
Italian PM Monti to lobby parliament for €30-bn spending cuts
05 Dec 2011
Italy’s new PM Mario Monti is expected to lobby parliament to support a €30-billion package of austerity and growth measures to cut the euro-region’s second- biggest debt and prevent Italy from precipitating the euro’s breakup
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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