World economy
Cameron takes personal charge of Indo-UK relationship
26 Jun 2010
British premier David Cameron has put himself personally in charge of building relations with India even as he prepares to meet Indian PM Manmohan Singh on the sidelines of the G-20 summit.
US lawmakers hammer out historic Wall Street reform bill
26 Jun 2010
The bill, which prescribes stricter oversight and tighter restrictions on Wall Street banks, may crimp the industry's profits.
Fears about euro exaggerated, feels Chinese banker
26 Jun 2010
China has ruled out the possibility off a major apprecation of the yuan on euro losses and said the European single currency's long-term outlook is good
NSG not stern enough on Sino-Pak N-deal, feels India; but otherwise elated
26 Jun 2010
A statement issued at the end of a two-day meeting at Christchurch in Wellington, New Zealand, the NSG merely said it took note of briefings on developments concerning non-NSG states and that it agreed on the value of ongoing consultation and transparency.
Gobal economic recovery still fragile: PM
25 Jun 2010
Manmohan Singh asked world leaders to phase out expansionary fiscal policies and work towards calibrated exit strategies.
Sinking euro is good for exports, says EU
25 Jun 2010
The euro’s decline in recent months may boost exports from the currency area by 5 per cent, though the longer-term impact on economic growth is “less certain,” the EU said Thursday.
India to pitch for reforms at G20 meet
25 Jun 2010
With world leaders arriving in Toronto for the G8 and G20 summits the focus is now on Indian and China which are expected to play a pivotal role in a speedy global economic recovery.
EU to put banks under ‘stress test’ for worst-case scenario
25 Jun 2010
The EU is preparing to put its 25 biggest banks under a ‘stress test’ scenario in a bid to gauge whether their balance sheets are strong enough to cope with another sharp deterioration in the economy.
Cisco to help create Silicon Valley in Russia with $1-billion investment
25 Jun 2010
Networking giant Cisco yesterday pledged to invest $1-billion in Russia over the next decade in order to help the country establish a technology hub outside Moscow.
Yuan allowed to rise further ahead of G20 meet
25 Jun 2010
The Chinese yuan rose to its strongest level against the US dollar since December 2008, after the currency’s daily reference rate was set at a record high against the dollar ahead of the G-20 meeting.
China boosts US Treasury holdings to $900bn
21 Jun 2010
After lashing out at US fiscal policy as “irresponsible” a year back, Beijing has quietly resumed its purchases of US securities and boosted its holdings by 2.6 per cent to $900.2 billion in March and April 2010.
Australia, China sign A$10-billion trade deals
21 Jun 2010
China is Australia's largest trading partner, with two-way trade reaching A$85.1 billion last year, with Australia expecting the two-way trade to cross the $100-billion mark this year.
Israel to build world's biggest desalination plants
21 Jun 2010
The Israeli cabinet has approved a plan to build two of the biggest reverse osmosis desalination plants in the world slated to double desalinated water production in Israel.
China offers to make yuan more flexible
19 Jun 2010
US, Indian businesses may close ranks to counter China
19 Jun 2010
The India-US business forum has called for increased industry partnership between the two countries in order to face the increasing competition from China
Chinese wild cat strikes spread; hit Toyota, Carlsberg
19 Jun 2010
Toyota Motor Corp and brewer Carlsberg are the latest victims in a series of wild cat strikes spreading across the Chinese mainland.
NYT’s trillion dollar Afghan story runs into trouble
18 Jun 2010
A New York Times story on Afghanistan’s apparently vast mineral resources has come under fire for regurgitating old material and passing it off as new.
Japan rejigs growth strategy to emerge Asia-Pacific economic hub
18 Jun 2010
Japan's government today unveiled a new economic growth strategy to make Japan the nerve centre of a new Asia-Pacific free trade zone
Afghan mineral resources worth $3-trillion, says minister
18 Jun 2010
Hard on the heels of a report that Afghanistan’s untapped mineral resources were worth at least $1-trillion, an Afghan minister has said that at $3-trillion it is actually triple the US estimate.
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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