World economy
China may achieve a trade balance next year
24 Aug 2011
Moody’s cuts Japan’s rating amid soaring debt, political turmoil
24 Aug 2011
Hours after the downgrade, the government announced a $100 billion credit facility to help the Japanese economy ride out a spike in the yen in recent weeks amid the global market turmoil, which has battered Japan’s export-led economy
US Fed secretly lent $1.2 trillion to top banks during crisis
23 Aug 2011
Fed chairman Ben Bernanke secretly advanced as much as $1.2 trillion of public money to top US and European banks, dwarfing the $160 billion in public bailouts.
US won't default on debt: Biden tells China
22 Aug 2011
India to clear oil debt to Iran by end-August
22 Aug 2011
UK holds bank rates steady as inflation rises
17 Aug 2011
Re-examining the Arab Spring
16 Aug 2011
To this point, no regime has fallen in the Arab world. Individuals such as Tunisia’s Ben Ali and Egyptian President Hosni Mubarak have been replaced, but the regimes themselves, which represent the manner of governing, have not changed. By George Friedman.Re-examining the Arab Spring is republished with permission of STRATFOR."
Buffett calls on super rich to pay more in taxes
16 Aug 2011
UK to cut income tax rate for top earners
16 Aug 2011
German GDP growth slows sharply
16 Aug 2011
Germany, which had been driving the economic recovery in the eurozone, reported a 0.1 per cent quarterly GDP growth.
Eurozone in deeper mess than US: World Bank chief
13 Aug 2011
A wider spread of the Eurozone crisis will hit most developed and developing countries hard, says World Bank president Robert Zoellick
Italy announces $65-bn austerity measures
13 Aug 2011
Faced with a sovereign debt crisis, Italian Prime Minister Silvio Berlusconi yesterday announced $65 billion in austerity measures including tax hikes and spending cuts, including politician's salaries, over the next two years
French economy clocks zero growth
12 Aug 2011
In a further sign that the European economy was stumbling, Europe's second largest economy, France registered no growth in the last quarter as households across the country cut back on spending
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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