World economy
![US Congress to legislate on China’s currency manipulation US Congress to legislate on China’s currency manipulation](/economy/worldeconomy/images/representatives_sm_domain-b.gif)
US Congress to legislate on China’s currency manipulation
25 Sep 2010
A committee of the US House of Representatives has cleared a bill that provides the government power to impose economic sanctions on China if it is found to be manipulating its currency.
![UK Labour Party to announce new leader today UK Labour Party to announce new leader today](/economy/worldeconomy/images/labour_party_sm_domain-b.jpg)
UK Labour Party to announce new leader today
25 Sep 2010
Ousted at the hustings the Labour Party is now all set to declare results of a leadership campaign that seeks to replace ex-PM Gordon Brown as its leader.
UK commission mulls breaking up big banks
24 Sep 2010
![Greece hammers down public debt by 32 per cent Greece hammers down public debt by 32 per cent](/economy/worldeconomy/images/greece_flag_sm_domain-b.jpg)
Greece hammers down public debt by 32 per cent
22 Sep 2010
Greece, the bad boy of government profligacy, appears to have done an impressive job in managing its public debt, slashing levels down as much as 32 per cent by August.
![Summers’ vacation at the White House is over Summers’ vacation at the White House is over](/people/in_the_news/images/lawrence_summers_sm_domain-b.jpg)
Summers’ vacation at the White House is over
22 Sep 2010
Lawrence Summers, US president Barack Obama’s top economic advisor will step down from his post after November's mid-term elections, the White House announced Tuesday.
![WTO sees global trade expanding 13.5 per cent in 2010 WTO sees global trade expanding 13.5 per cent in 2010](/economy/trade/images/container_ship_sm_domain-.jpg)
WTO sees global trade expanding 13.5 per cent in 2010
21 Sep 2010
Following faster than expected recovery in trade flows so far this year, WTO has revised upwards its March projection of a 10 per cent growth in 2010 world trade to 13.5 per cent now.
![India third most powerful nation: US report India third most powerful nation: US report](/economy/worldeconomy/images/india_flag_sm_domain-b.gif)
India third most powerful nation: US report
21 Sep 2010
A joint US-European study lists India as the third most powerful country in the world after the US and China and the fourth most powerful entity after the US, China and the European Union
![US cedes top spot to Brazil-China-India as investment destination: poll US cedes top spot to Brazil-China-India as investment destination: poll](/economy/worldeconomy/images/indian_rupee_sm_domain-b.gif)
US cedes top spot to Brazil-China-India as investment destination: poll
21 Sep 2010
The United States now lags emerging markets in Brazil, China and India as a preferred place for investment, a Bloomberg quarterly Global Poll reports.
A$5-bn rail float gets Queensland's nod
20 Sep 2010
![Joe Biden reports on 100 Recovery Act projects changing America Joe Biden reports on 100 Recovery Act projects changing America](/economy/worldeconomy/images/joe_biden_sm_domain-b.jpg)
Joe Biden reports on 100 Recovery Act projects changing America
18 Sep 2010
The programme aims at `Transforming the American Economy Through Innovation.'
![IMF to hike quota for China; raise $8 billion for lending to poor countries IMF to hike quota for China; raise $8 billion for lending to poor countries](/organisation/imf/images/domain-b_imf_logo.jpg)
IMF to hike quota for China; raise $8 billion for lending to poor countries
18 Sep 2010
The IMF is also likely to increase the quota for other emerging nations such as India, South Korea, Indonesia and Brazil.
![Gold at record high Gold at record high](/industry/Mining/images/gold_bar_27_sm_domain-b.jpg)
Gold at record high
18 Sep 2010
Gold prices ended the week at a record high of more than $1,280 a troy ounce amid speculation that central banks around the world would launch another round of monetary easing.
![India bids for non-permanent seat at UNSC next week India bids for non-permanent seat at UNSC next week](/economy/worldeconomy/images/un_logo_domain-b.gif)
India bids for non-permanent seat at UNSC next week
18 Sep 2010
The United Nations assumes centre stage for India in the coming week as voting takes place for the non-permanent seat to the Security Council for the period 2011-12 and broader reforms are also discussed.
![Quake, rockets strike Afghanistan on poll day Quake, rockets strike Afghanistan on poll day](/economy/worldeconomy/images/choppers_afghanistan_sm_doman-b.jpg)
Quake, rockets strike Afghanistan on poll day
18 Sep 2010
Afghanistan experienced an earthquake and a bout of rocket attacks by the Taliban even as it saw commencement of voting for a new parliament.
Singapore boosts research spending to $12 bn
18 Sep 2010
![EU to develop free trade pact with South Korea EU to develop free trade pact with South Korea](/economy/worldeconomy/images/european_union_logo_domain-.jpg)
EU to develop free trade pact with South Korea
17 Sep 2010
The deal is expected to serve as a model for EU for similar bilateral trade treaties that are under development with other Asian and South American nations
![Indian, Chinese firms neck-and-neck in Forbes’ Fab 50 list Indian, Chinese firms neck-and-neck in Forbes’ Fab 50 list](/economy/worldeconomy/images/india&china_flag_sm_domain-.jpg)
Indian, Chinese firms neck-and-neck in Forbes’ Fab 50 list
16 Sep 2010
China and India have tied for top place with 32 companies, or over 60 per cent of the firms on Forbes Asia's Fabulous 50 List, an annual compilation of the best and most profitable 50 big public companies in the region.
Japan larger buyer of US Treasuries than China
15 Sep 2010
![Japan intervenes to check yen appreciation Japan intervenes to check yen appreciation](/economy/worldeconomy/images/yen_natsume_sm_domain-b.jpg)
Japan intervenes to check yen appreciation
15 Sep 2010
Japan stepped into the currency markets for the first time in almost six years to sell the yen and buy dollars in a bid to check the soaring value of the yen which was badly hurting the economy.
Featured articles
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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!
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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.
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What is a Ponzi scheme?
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Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
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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
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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
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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
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History of hovercraft Part 3...
By Kiron Kasbekar | Presenter: Kiron Kasbekar
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History of hovercraft Part 2...
By Kiron Kasbekar | Presenter: Kiron Kasbekar
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History of Hovercraft Part 1...
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