World economy
Iceland becomes first nation to legislate equal pay for women
05 Jan 2018
Iceland has set an example in the new year for the world to follow, or so at least women would agree. A law which came into effect on 1 January makes it mandatory for companies to demonstrate that they pay their female and male employees equally
US to suspend $1.3 bn a year military aid to Pakistan
05 Jan 2018
The aid could be resumed if Pakistan takes ‘decisive action’ against the Afghan Taliban and the Haqqani network, the US said, but Mumbai attacks mastermind Hafeez Saeed and his LeT did not factor in the decision
Trump threatens to sue Steve Bannon over book revelations
04 Jan 2018
The damning portrait of White House infighting and presidential incompetence has become the top bestseller on Amazon, and prompted President Trump to say his former aide 'has lost his mind'
President Rouhani accepts Iranians’ right to protest, calls for peace
01 Jan 2018
From the capital, Tehran, to Kermanshah in the west and the holy city of Qom in the north, Iranians defied police to vent frustration against a government that allows limited space for dissent.
Goldman to take $5bn hit from new tax regime, but gain ultimately
30 Dec 2017
As a result of the new tax changes introduced by President Trump, Goldman Sachs expects to report a loss for the last quarter of 2017, even though ultimately banks will be among the largest beneficiaries of the new tax code
China’s digital leap poised to dominate global competitiveness: McKinsey
30 Dec 2017
China, already a global force in digital technologies, is set to experience huge shifts in revenue and profits as businesses digitize, boosting the economy’s international competitiveness, says a new report from McKinsey Global Institute
Trump fires HIV/Aids council
30 Dec 2017
Trump says China ‘caught red handed’ supplying oil to N Korea
30 Dec 2017
A US-drafted UN resolution seeks to ban nearly 90 per cent of refined petroleum exports to North Korea in response to Pyongyang's efforts to develop nuclear-tipped missiles capable of hitting the United States
India to officially protest presence of Palestine envoy at Hafiz Saeed meet
30 Dec 2017
India has not taken kindly to the attendance of Palestine’s ambassador to Pakistan at a rally with Lashkar-e-Taiba founder Hafiz Saeed on Friday
Automation likely to hit UK’s poorest hard: IPPR
29 Dec 2017
World’s richest 500 have grown richer by $1 trillion this year
28 Dec 2017
Amazon founder Jeff Bezos is the world’s richest man with a net worth of $99.6 billion as his fortune increased by $34.2 billion this year; Microsoft’s Bill Gates is second after giving large amounts to charity
China, Pakistan look to offload part of $57 bn CPEC on Afghanistan
27 Dec 2017
China and Pakistan are using an appropriate means to extend the China-Pakistan Economic Corridor to Afghanistan, Chinese foreign minister Wang Yi said on Tuesday
VAT to make UAE, 5 other GCC countries costlier by 5%
27 Dec 2017
So far tax-free UAE and five other GCC members will introduce VAT at five per cent beginning 1 January 2018 as they seek to revitalise their economies
26/11 mastermind Hafiz Saeed gets himself 100-strong armed guard
23 Dec 2017
Hafiz Saeed, a United Nation-designated global terrorist with a US-sponsored $10-million reward on his head, was recently released after nearly ten months of house arrest following a Pakistan court order
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
Business History Videos
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