World economy
US keeps key interest rates unchanged
29 Jan 2009
The US Federal Reserve has decided to keep interest rates unchanged at 0 to 0.25 per cent to boost economic growth
US moves to curb lobbying on bailout package
28 Jan 2009
Obama visits Republicans to push relief bill
28 Jan 2009
The bill is expected to pass smoothly enough through the House, where the Democrats have a large majority, but the Senate vote is likely to be more divisive
Siemens Q1 results beat expectations
27 Jan 2009
US loses nearly 50,000 jobs in a single day
27 Jan 2009
Caterpillar, Texas Instruments, Sprint Nextel, Home Depot, General Motors Pifzer ysterday announced 50,000 job cuts in a single day.
Microsoft closes Flight Simulator unit
24 Jan 2009
Microsoft Corp has shut down ACES Studios, its wholly-owned subsidiary that produced Flight Simulator, Microsoft’s longest-running and perhaps most popular game
UK PM Gordon Brown admits failing to recognise crisis
24 Jan 2009
Economists warn that the UK is heading for economic depression, the first since 1930s
Obama team toughens stance on China
24 Jan 2009
New treasury secretary Timothy Geithner acuses China of manipulating currency
Samsung reports first-ever quarterly loss
23 Jan 2009
Nippon Steel doubles production cuts
23 Jan 2009
US research spend to decline despite Obama promise
23 Jan 2009
As research and development budgets take a beating in these economically depressed times, US President Barak Obama's inauguration promise to "restore science to its rightful place" may take a while to fulfill.
US housing seeks new bottoms
23 Jan 2009
Japan’s exports plunge 35 per cent in December
22 Jan 2009
Citigroup senior management decline bonuses
21 Jan 2009
Senior Citigroup executives including CEO Vikram Pandit and chairman Sir Winfried Bischoff decline incentive or retention awards, in the wake of the stress on the bank's fortunes.
Latest articles
Featured articles
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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