World economy
![Smartphones to corner 25 per cent of the mobile phone market Smartphones to corner 25 per cent of the mobile phone market](/industry/telecom/images/blackberry1_sm_domain-b.jpg)
Smartphones to corner 25 per cent of the mobile phone market
04 Mar 2009
Smartphones will corner about 20 per cent of the mobile phone market by 2013 despite the economic downturn, say industry researchers.
![Poor countries need $25 billion emergency aid to fight crisis: IMF Poor countries need $25 billion emergency aid to fight crisis: IMF](/organisation/imf/images/dominique_strauss_kahn_sm_domain-b.jpg)
Poor countries need $25 billion emergency aid to fight crisis: IMF
04 Mar 2009
The global financial crisis has shifted to the world's poorest nations, says Dominique Strauss-Kahn, MD, IMF
US stocks at 11-year low
04 Mar 2009
American bank offers to return bailout money
04 Mar 2009
![Toyota looking for state aid of $2 billion Toyota looking for state aid of $2 billion](/companies/companies_t/Toyota_Motor_Corp/images/fujio_cho_sm_domain-b.jpg)
Toyota looking for state aid of $2 billion
03 Mar 2009
Forecasting its first loss in 59 years Toyota Motor Corp is reported to be seeking up to $2 billion in loans from the Japanese government
![Half the world’s population carries a cell phone Half the world’s population carries a cell phone](/industry/telecom/images/cell_tower_sm_domain-b.jpg)
Half the world’s population carries a cell phone
03 Mar 2009
According to the International Telecommunications Union (ITU), by the end of last year there were an estimated 4.1 billion cell phone subscriptions globally.
Infosys plans to add 18,000 employees by July
02 Mar 2009
ASEAN unites to face economic heat
02 Mar 2009
EU rejects East Europe’s bailout plea
02 Mar 2009
![US downturn proves worse than expected US downturn proves worse than expected](/economy/worldeconomy/images/us_economy_sm_domain-b.jpg)
US downturn proves worse than expected
02 Mar 2009
The US economy suffered its deepest contraction in over a quarter century, in the fourth quarter, with DDP shrinking at 6.2 per cent annual rate
No 3 US law firm fires 8 per cent of its lawyers
28 Feb 2009
![F1 gets a major boost - American team to join the grid next year F1 gets a major boost - American team to join the grid next year](/automotive/2009/images/formula1_logo_domain-b.gif)
F1 gets a major boost - American team to join the grid next year
28 Feb 2009
With established teams still figuring out ways to survive on the F1 circuit, an all-American team has announced its intention to enter Formula One in 2010.
Wells Fargo suspends bonuses for top executives
28 Feb 2009
![Buyout may save Honda’s Formula One team Buyout may save Honda’s Formula One team](/companies/companies_h/Honda_Motor/images/honda_landing_car_sm_domain.jpg)
Buyout may save Honda’s Formula One team
28 Feb 2009
Honda's Formula One team, which dropped out of the F1 league in December last year, may be saved by a management buyout, according to a report in the London Times.
![Alongside carbon, water footprint steps on the agenda for companies Alongside carbon, water footprint steps on the agenda for companies](/environment/images/water_sm_domain-b.jpg)
Alongside carbon, water footprint steps on the agenda for companies
27 Feb 2009
With companies increasingly focused on reducing their carbon footprint a new movement is urging corporations to track their "water footprint" as well.
![Obama unveils $1.75-trillion deficit budget Obama unveils $1.75-trillion deficit budget](/economy/worldeconomy/images/barack_obama9_sm_domain-b.jpg)
Obama unveils $1.75-trillion deficit budget
27 Feb 2009
Though the $3.55 trillion budget for 2010 increases taxes on the wealthy, it outlines huge investments in energy, education, defense, health care and ailing financial services
Featured articles
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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!
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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.
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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.
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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
![](/Uploads/Images/thumb_dc6b9dcc-e31e-4574-82e7-928e089406e0-Finger_millet.jpg)
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
![](/Uploads/Images/thumb_e37827da-fafd-4991-8635-60fade3df34c-ICM.jpg)
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
![](https://businesshistory.domain-b.com/Uploads/Videos/Images/thumb_61209e69-fdfb-493a-add7-afc253731af7-YouTube-thumbnail-Hovercraf.jpg)
History of hovercraft Part 3...
By Kiron Kasbekar | Presenter: Kiron Kasbekar
![](https://businesshistory.domain-b.com/Uploads/Videos/Images/thumb_f5cfed27-cd8d-4644-9c6b-d1f3f64fb558-YouTube-thumbnail-Hovercraf.jpg)
History of hovercraft Part 2...
By Kiron Kasbekar | Presenter: Kiron Kasbekar
![](https://businesshistory.domain-b.com/Uploads/Videos/Images/thumb_1510a271-632f-46ba-846b-a761ccffe903-History-of-Hovercraft.jpg)
History of Hovercraft Part 1...
By Kiron Kasbekar | Presenter: Kiron Kasbekar
![](https://businesshistory.domain-b.com/Uploads/Videos/Images/thumb_b54c323b-99c2-47ed-9df1-06452504c83a-YouTube-thumbnail-Indian-tr.jpg)