World economy

Euro area jobless remains steady at 9.9 per cent

03 Mar 2010

IMF puts China’s currency issue on centre stage

IMF puts China’s currency issue on centre stage

02 Mar 2010

The IMF has brought the matter of the revaluation of the Chinese currency centre stage by saying it was "substantially undervalued" and hampered recovery in the global economy.

India's trade deficit narrows to $86.6 billion in April-January 2009-10

India's trade deficit narrows to $86.6 billion in April-January 2009-10

02 Mar 2010

 India's exports increased 11.5 per cent to $14.34 billion in January 2010 while imports rose 35.5 per cent to $24.705 billion year-on-year.

Global semiconductor sales rise in January

Global semiconductor sales rise in January

02 Mar 2010

Boosted by strong demand for chips used in consumer and industrial products,  global semiconductor sales rose 47.2 per cent from January 2009 to reach $22.4 billion in January 2010

Iceland braces for referendum on Icesave debt as talks fail

02 Mar 2010

Bangladesh nod for India-Myanmar gas pipeline

Bangladesh nod for India-Myanmar gas pipeline

02 Mar 2010

Bangladesh’s Sheikh Hasina government has given its approval for the construction of the 900km gas pipeline linking India and Myanmar, running through its territory

Fannie Mae posts $72 billion net loss for 2009

02 Mar 2010

Saudi to hike crude oil supplies to India by 15 mmt

Saudi to hike crude oil supplies to India by 15 mmt

02 Mar 2010

Saudi Arabia has assured more supplies to meet the needs of Indian companies, including public and private refiners

Mandelson pushing Britain into euro zone

27 Feb 2010

China's Pudong Bank to raise $6 billion through equity, bond sale

27 Feb 2010

Bernanke says low interest rate to stay; worried over jobs

27 Feb 2010

China retains top slot as biggest holder of US debt

China retains top slot as biggest holder of US debt

27 Feb 2010

The US government has now clarified that China still retains its place as the largest foreign holder of US Treasury debt and did not cede it to Japan in December, as reported earlier.

Pakistan to offer 50 sites for oil and gas exploration

25 Feb 2010

World trade volume fell 12 per cent in 2009: Lamy

24 Feb 2010

Australian opposition leader slams junket for Indian press

24 Feb 2010

Indian Ocean patterns to reveal onset of El Nino

Indian Ocean patterns to reveal onset of El Nino

23 Feb 2010

Meteorologists discovered certain Indian Ocean climate patterns that could provide up to 14 months' warning before the onset of an El Nino – a huge improvement over current templates.

Obama unveils revised healthcare bill

23 Feb 2010

Dubai World to present debt restructuring plan by end March

22 Feb 2010

Boss of loss making RBS forced to forego his £1.6 million bonus

22 Feb 2010

India to spend Rs150 crore for setting up integrated check post at Attari

19 Feb 2010

No takers for IMF’s gold

No takers for IMF’s gold

19 Feb 2010

An IMF announcement that it would soon begin phased sales of 191.3 tonnes of gold in the open market has called into question demand for bullion from central banks around the world.

UK car production rises sharply in January

19 Feb 2010

Exports spark recovery in Euro region

Exports spark recovery in Euro region

18 Feb 2010

With a strengthening global economy and a weak euro boosting demand for goods from the region, European exports were up in December raising expectations that recovery in Europe would be export-driven.

Eurozone trade surplus at 22.3 billion euro; trade with India down 15 per cent

18 Feb 2010

US small business sees growth in 2010: CIT

17 Feb 2010

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