World economy
China's foreign exchange reserves at a record $2.5 trillion
11 Oct 2010
Even as it protests international pressure to correctly value its national currency, China’s foreign-exchange reserves, already the world’s largest, may now have climbed to a record $2.5 trillion.
Pressure on China to boost yuan as currency clash spreads
09 Oct 2010
Global finance chiefs meeting in Washington are looking at ways to prevent tensions over currency valuations from derailing a fragile economic recovery.
Osborne to crackdown on bankers’ bonuses
09 Oct 2010
India, China to double wealth in five years
09 Oct 2010
Vigorous economic growth is likely to double India’s wealth to $6.4 trillion over the next five years and allow China to overtake Japan as the second wealthiest country in the world by 2015.
EU regulators mull cap on bankers’ bonuses
09 Oct 2010
Bankers claim curbs on pay and bonuses could adversely affect the ability of financial institutions in Britain and Europe to compete internationally and lead to an exodus of talent
India calls for quota review and governance reform at IMF
08 Oct 2010
Emerging markets and developing countries now represent 47.5 per cent of the global GDP in PPP terms, but they have a quota share of only 39.5 per cent in the IMF.
UK food price inflation at 15-month high
07 Oct 2010
US House votes bill on China’s currency manipulation
30 Sep 2010
The House of Representatives has voted in favour of raising tariffs on Chinese imports, in response to China keeping its currency underbvalued, which makes its goods cheaper in world markets
Anti-outsourcing bill blocked in US Senate
29 Sep 2010
Terming the bill as an election gimmick, Republican sernators opposed and successfully blocked the passage of an anti-offshoring bill that would have denied tax breaks to US companies, which move jobs overseas
The UNCTAD trade report
28 Sep 2010
Structural change is not what an electorate wants to hear about at the moment, when we are facing double-digit unemployment percentages at home for the foreseeable future. By Richard Quest, CNN's London-based anchor/ correspondent.
Brazilian bourse Bovespa becomes world's second largest after Petrobras listing
27 Sep 2010
Brazil’s Sao Paulo Stock Exchange BM&FBovespa SA has become the world’s second-largest stock in market value after the Hong Kong Stock Exchange
Pakistan to head UN nuclear watchdog IAEA
27 Sep 2010
Pakistan, once accused of smuggling nuclear weapons technology to Iran, Libya and North Korea, will now head the board of the UN atomic agency's main decision-making body.
“Red Ed” Miliband takes over UK’s Labour Party
27 Sep 2010
UK’s Labour Party held its annual conference on Sunday with “Red Ed” Miliband as its new leader. “Red Ed” beat his brother David Miliband by the narrowest of margins in a gruelling contest.
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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