World economy
China weighs halt to purchases of US debt securities
11 Jan 2018
China, with its huge pile of US treasuries, is unlikely to take any hasty decision that would destabilise the market as it would amount to a monetary 'hara-kiri’
Narayana Murthy’s son-in-law Rishi Sunak enters UK govt in May reshuffle
10 Jan 2018
Rishi Sunak, seen as a rising star in the Conservative party, will be the parliamentary undersecretary of state in the ministry of housing, communities and local government
US now says no change in H-1B extension rules
09 Jan 2018
The US Citizenship and Immigration Services has clarified that the Trump administration is not considering any proposal that would force H-1B visa holders to leave the country, giving a big relief to Indian technology employees under US work visa
Rohingya insurgents regrouping to fight Myanmar state: report
08 Jan 2018
The Arakan Rohingya Salvation Army (ARSA) did not reveal the whereabouts of its leader Ata Ullah, but Myanmar suspects the insurgents who fled to Bangladesh have slipped back into Myanmar to launch attacks
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
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The remarkable Ratan Tata
By Kiron Kasbekar | 23 Oct 2024
One newspaper report of Ratan Tata’s passing away showed an old photo of him climbing into the cockpit of a Lockheed Martin F-16 fighter.
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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