World economy
India gains $800mn on IMF gold deal
27 Nov 2009
The RBI may have benefited by as much as $800 million on its investment of over $6.7 billion for the purchase of about 200 tons of gold from the IMF, thanks to record prices.
Chinese bank loans reach 27 per cent of 2009 GDP
27 Nov 2009
With a majority of these loans being used to prop up the stock and property markets, the prices in these sectors have skyrocketed, creating yet another bubble
Bank stocks tumble as Dubai seeks moratorium on debt
27 Nov 2009
Fall of Dubai World could wipe out $40 billion worth of investments that foreign, mainly European banks have made in the rise of Dubai
Indo-US summit: The new Panchsheel
25 Nov 2009
Indian prime minister Dr Manmohan Singh would have been pleased with president Barack Obama characterising the Indo-US relationship as the “defining partnership of the 21st century.”
Pre-State dinner, Indian PM chews up China
24 Nov 2009
Indian prime minister Dr Manmohan Singh made a meal out of the much-touted China growth story saying it was achieved without consideration for values.
Qatar to spend $25 billion on rail network
23 Nov 2009
The gas-rich gulf state of Qatar plans to build a rail network linking its cities with nearby countries of Bahrain and Saudi Arabia
Belgian PM Herman Van Rompuy appointed first permanent president of EU
21 Nov 2009
Van Rompuy was initially reluctant to take on his new assignment but Belgian King Albert II prevailed on him to take up the job.
Indian economy to almost equal US by 2050: study
21 Nov 2009
India will be the third largest economy in the world after China and the US by 2050, says US think tank Carnegie Endowment for International Peace
India has no expectations from Copenhagen summit
20 Nov 2009
The Indian minister for environment has reiterated that India would reject legally binding emission limits if they were sought to be set at the Copenhagen climate summit.
Global economy recovering on Asian growth: OECD
20 Nov 2009
UN food summit produces nothing nutritious
20 Nov 2009
UK retail sales bounce back in October
19 Nov 2009
US energy majors look to find succour in China’s sunshine energy sector
19 Nov 2009
Some of the biggest names in US power industry are tying up with Chinese companies to access the cash , equipment and technology on offer for China’s fast growing energy sector
UN meet on global hunger opens sans G8 leaders
16 Nov 2009
Russian president vows to end protectionism
14 Nov 2009
Eurozone emerges from recession, UK still in coma
14 Nov 2009
The 16-nation eurozone led by strong growth from Germany in the third quarter, has emerged out of recession, leaving Britain, still in coma.
Singapore pushes trans-Pacific alliance to drive APEC
13 Nov 2009
The TPP plans to add the US, Australia, Peru and Vietnam as members thereby advancing towards the ideal of a free-trade area that encompasses the whole Asia-Pacific.
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