World economy
![India, US set to be leading economies: Summers India, US set to be leading economies: Summers](/economy/worldeconomy/images/summers_lawrence_sm_domain-b.jpg)
India, US set to be leading economies: Summers
19 Oct 2010
President Obama’s key economic advisor feels that both countries emphasise scientific education and innovative thinking, which will make them world beaters
Heat off, China fixes parity rate lower
18 Oct 2010
![Strong yen thwarts China’s rise as second largest economy Strong yen thwarts China’s rise as second largest economy](/economy/worldeconomy/images/2000Yen_sm_domain-b.jpg)
Strong yen thwarts China’s rise as second largest economy
18 Oct 2010
In a seeming paradox, China may not be able to overtake Japan as the world’s second largest economy this year, but that may not be good news for Japan.
![India’s rise good for US global strategy: Obama aide India’s rise good for US global strategy: Obama aide](/economy/worldeconomy/images/robert_blake_sm_domain-b.jpg)
India’s rise good for US global strategy: Obama aide
16 Oct 2010
The rise of India's civilian power on the global stage will complement US efforts at rationalising foreign policy says US Assistant secretary of state Robert Blake
Protectionism a global threat, says Obama aide
16 Oct 2010
![Japan turns on the sanctions squeeze on Iran Japan turns on the sanctions squeeze on Iran](/economy/worldeconomy/images/tehran_sm_domain-b.jpg)
Japan turns on the sanctions squeeze on Iran
15 Oct 2010
Japan’s biggest energy explorer, Inpex Corp, has announced its withdrawal from Iran's Azadegan oil field project, in a move aimed at pre-empting any US move to put it on a sanctions list.
UK market watchdogs to merge in a major overhaul
15 Oct 2010
![Millionth ship crosses the Panama Canal Millionth ship crosses the Panama Canal](/economy/worldeconomy/images/panama_canal_rough_diagram_sm_domain-b.jpg)
Millionth ship crosses the Panama Canal
15 Oct 2010
Ninety six years after it was opened for traffic the Panama Canal saw passage of the millionth vessel across its various artificial lakes, artificial channels and three sets of locks.
UK small businesses on brink of collapse: Study
14 Oct 2010
![Indian student enrolment in Australia to drop 80-95 per cent for 2011 Indian student enrolment in Australia to drop 80-95 per cent for 2011](/economy/worldeconomy/images/unimelb_sm_domain-b.jpg)
Indian student enrolment in Australia to drop 80-95 per cent for 2011
14 Oct 2010
A deeply negative perception of Australia has drastically impacted enrolment of Indian students at Australian universities for 2011 and the numbers may go down by anything between 80-95 per cent.
![Chile erupts in tearful fiesta as miners' rescue begins Chile erupts in tearful fiesta as miners' rescue begins](/industry/Mining/images/sebastian_pinera_sm_domain-b.jpg)
Chile erupts in tearful fiesta as miners' rescue begins
13 Oct 2010
The rescue operation, involving millions of dollars and specialists from NASA and drilling experts from a dozen or so countries, is still in a very precarious phase.
![India sweeps into UN Security Council India sweeps into UN Security Council](/economy/worldeconomy/images/united_nations_security_council_sm_domain-b.jpg)
India sweeps into UN Security Council
13 Oct 2010
India not only joins the hallowed panel of the United Nations Security Council after a gap of 19 years but makes it evident that its candidacy for a permanent seat is perhaps the most formidable amongst the competing G4 nations.
![Global shift in foreign exchange reserve holdings Global shift in foreign exchange reserve holdings](/economy/worldeconomy/images/domain-b_rbi_logo_in.gif)
Global shift in foreign exchange reserve holdings
12 Oct 2010
With the US and European economies struggling to keep their heads above water central bank policy makers around the world are looking to diversify into the currencies of developing nations.
![China's yuan at a new high against dollar China's yuan at a new high against dollar](/economy/worldeconomy/images/china_currency_sm_domain-b.jpg)
China's yuan at a new high against dollar
12 Oct 2010
Under unrelenting pressure from nation’s around the world China's currency reached a new high on Monday as the central parity rate of the yuan was set at 6.6732 per dollar.
UK has highest jobless in Europe
11 Oct 2010
![India set for seat on UN Security Council India set for seat on UN Security Council](/economy/worldeconomy/images/united_nations_security_council_sm_domain-b.jpg)
India set for seat on UN Security Council
11 Oct 2010
India will likely win a seat on the United Nations Security Council as a non-permanent member after a vote tomorrow in the United Nations General Assembly.
UK scientists go mad over proposed budget cuts
11 Oct 2010
In a unique protest, hundreds of placard-waving ‘boffins’ gathered outside Whitehall to say cuts in R&D spending would be disastrous for the UK economy
Race still an issue in British society: Study
11 Oct 2010
Featured articles
![](/Uploads/Images/thumb_733d509d-493c-41e9-b429-1260d912bb91-Aerogel-Crayon.jpg)
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!
![](/Uploads/Images/thumb_294b0bec-6ff0-43c9-9fbc-a14e7cc70fa5-COP28.jpg)
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.
![](/Uploads/Images/thumb_97943c9b-6e8f-429b-b355-1d4502bac437-Ponzi-Money.jpg)
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.
![](/Uploads/Images/thumb_0f8359a3-2528-4faf-86c9-707fb7bccc01-Hdfc-logo.jpg)
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
![](/Uploads/Images/thumb_dc6b9dcc-e31e-4574-82e7-928e089406e0-Finger_millet.jpg)
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
![](/Uploads/Images/thumb_e37827da-fafd-4991-8635-60fade3df34c-ICM.jpg)
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
Business History Videos
![](https://businesshistory.domain-b.com/Uploads/Videos/Images/thumb_61209e69-fdfb-493a-add7-afc253731af7-YouTube-thumbnail-Hovercraf.jpg)
History of hovercraft Part 3...
By Kiron Kasbekar | Presenter: Kiron Kasbekar
![](https://businesshistory.domain-b.com/Uploads/Videos/Images/thumb_f5cfed27-cd8d-4644-9c6b-d1f3f64fb558-YouTube-thumbnail-Hovercraf.jpg)
History of hovercraft Part 2...
By Kiron Kasbekar | Presenter: Kiron Kasbekar
![](https://businesshistory.domain-b.com/Uploads/Videos/Images/thumb_1510a271-632f-46ba-846b-a761ccffe903-History-of-Hovercraft.jpg)
History of Hovercraft Part 1...
By Kiron Kasbekar | Presenter: Kiron Kasbekar
![](https://businesshistory.domain-b.com/Uploads/Videos/Images/thumb_b54c323b-99c2-47ed-9df1-06452504c83a-YouTube-thumbnail-Indian-tr.jpg)