World economy

Hendra virus horse death resurfaces in Australia

02 Jul 2011

Iran may halt crude supplies to India in August

Iran may halt crude supplies to India in August

01 Jul 2011

Escalating matters on a payments dispute, Iran has warned India it will stop crude oil supplies from August if a long simmering dispute over payment for crude oil imports was not resolved soon.

Japan implements compulsory power cuts for the first time in 37 years

01 Jul 2011

UK enacts new anti-graft law; bribe-givers face 10-yr sentence

UK enacts new anti-graft law; bribe-givers face 10-yr sentence

01 Jul 2011

Even as the Indian government does its best to dilute a proposed anti-graft bill, the UK has put into place a stringent law against bribery

Japan's business confidence at its lowest level, recovery seen by year end

01 Jul 2011

Stunning turnaround in Strauss-Kahn sexual-assault case

Stunning turnaround in Strauss-Kahn sexual-assault case

01 Jul 2011

Former IMF chief, Dominique Strauss-Kahn, may soon be released from house arrest after New York City prosecutors reveal that there are serious concerns about the credibility of the hotel chambermaid who accused him of sexual assault.

German parliament dumps nuclear energy; shutdown in 2022

German parliament dumps nuclear energy; shutdown in 2022

01 Jul 2011

Voting overwhelmingly in favour of renewable energy, German lawmakers have approved plans to shut the country's nuclear plants by 2022.

China's June manufacturing growth shows signs of slowdown

01 Jul 2011

US debt burden on "unsustainable trajectory": IMF

US debt burden on "unsustainable trajectory": IMF

30 Jun 2011

The IMF has warned that the US debt burden is on an "unsustainable trajectory" and cautioned against sharp fiscal corrections in order to protect its fragile economy recovery

UK Banks fall behind global rivals, reduce recovery prospects

30 Jun 2011

Gulf nations top US list of slave trade offenders

By By Jagdeep Worah | 29 Jun 2011

The state department report on human trafficking, prefaced by secretary Hilary Clinton, names Saudi Arabia and North Korea among the worst offenders; with India on the watchlist.

China sign $15-bn deals with Germany

China sign $15-bn deals with Germany

29 Jun 2011

During Chinese Premier Wen Jiabao's visit  China and Germany pledge to double their trade by 2015

India’s New York mission exempted from payment of property taxes

29 Jun 2011

48-hour strike paralyses Greece ahead of austerity vote

48-hour strike paralyses Greece ahead of austerity vote

28 Jun 2011

The ongoing European sovereign debt crisis has come to a boil with a 48-hour general strike paralysing Greece on Tuesday ahead of a parliamentary vote on austerity measures the country must adopt to avoid default.

China’s 2010 fiscal deficit at $124 billion

China’s 2010 fiscal deficit at $124 billion

28 Jun 2011

China’s central government expenditures exceeded revenue in 2010, resulting in a fiscal deficit of 800 billion yuan — 50 billion yuan less than the annual budget

India, China to boost cooperation in healthcare

25 Jun 2011

G-20 vows action to stabilise world food prices

25 Jun 2011

China to start Beijing-Shanghai bullet train service amidst negative comments

23 Jun 2011

Oil tumbles as IEA announces release of 60 million barrels of stock

Oil tumbles as IEA announces release of 60 million barrels of stock

23 Jun 2011

IEA plans to release 2 million barrels a day, over an initial 30 days, into the world market to fill the supply gap left by the disruption to Libya's output.

World's wealthiest richer than before, Indians amongst top 12

World's wealthiest richer than before, Indians amongst top 12

23 Jun 2011

A new report says the world's wealthiest are getting more prosperous, and numerous, by the day and that India’s HNIs have moved into the top 12 for the first time.

Consumer confidence on the wane in developed countries

22 Jun 2011

London Underground drivers end first strike

20 Jun 2011

Eurozone crisis seen as `another Lehman'

20 Jun 2011

Eurozone governments defer final decision on Greek lifeline

20 Jun 2011

US government to get tough with web hackers

18 Jun 2011

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