World economy
Libyan rebels advance under Western air cover
21 Mar 2011
Western powers claim the air strikes have almost neutralised Libyan air defences
Libya offers “direct oil block contracts” to India
19 Mar 2011
Libya has said it will award ‘direct oil block contracts’ to India, China and others, after these nations refused to vote for a UNSC resolution seeking to impose a no-fly zone over this North African nation.
Recovery to be sluggish for UK: OECD
19 Mar 2011
British consumer confidence plunges to new lows
19 Mar 2011
Japan plans to commit $127 billion towards crisis lending to business
19 Mar 2011
The Japanese government has plans to allocate up to ¥10 trillion ($127 billion) towards crisis lending to help businesses tide over the challenges of day-to-day operations and repair damage from the deadly earthquake and tsunami
PM backs lower stamp duty on property deals
18 Mar 2011
One way of checking black money flows into realty is by reducing high rates of stamp duty, he said
Libya declares ceasefire after Security Council resolution
18 Mar 2011
Armed with the UN mandate, France and other Western powers are preparing for possible air strikes against Libyan forces
Bill in US Senate to help non-resident investors
15 Mar 2011
Two senior senators have introduced a bipartisan legislation aimed at boosting entrepreneurship in the US “to drive job creation and increase America's global competitiveness"
GCC troops enter Bahrain as protests spread
14 Mar 2011
Obama urges Mid-East reforms, cites India and China
12 Mar 2011
Ultimately, it is for the people in those countries to determine the best form for them to seize this opportunity, he said.
Japan declares emergency at n-plants; 45000 evacuated
12 Mar 2011
Japan has declared emergencies at two nuclear plants whose power systems were knocked out by a massive earthquake, which also generated a tsunami that has killed as many 1,000 people.
No tsunami alert for India
11 Mar 2011
Massive 8.9 quake, tsunami hits Japan, entire Pacific coast on alert
11 Mar 2011
A 10-metre tsunami hit north-east Japan today after a massive 8.9 magnitude quake, sweeping away everything in its path, including houses, cars and boats, according to reports.
Moody’s strikes Spain, cuts credit rating
11 Mar 2011
Three days after downgrading debt-laden Greece, Moody’s yesterday cut its rating on Spain, euro zone’s fourth-largest economy, rekindling concerns of a continuing European credit crisis
China records $7.3-bn trade deficit for February
11 Mar 2011
In a development that surprised analysts, China’s trade balance swung to a deficit of $7.3 billion in February
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