World economy

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.

Recession-hit Singapore to dip into sovereign wealth funds
21 Jan 2009
Singapore plans to tap into the hundreds of billions of dollars held by the country’s sovereign wealth funds to tackle the deepening recession
Chemicals maker Rohm & Haas to slash 900 jobs
21 Jan 2009
Latest articles
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Hariman Sharma lets apple travel to India’s warmer climes
10 Feb 2025
Apple, which was the preserve of the cooler Himalayan region in India, is now everywhere – in the East, the West and the South - thanks to one enterprising Himachal farmer, Hariman Sharma.

The cost of neglecting water transport
03 Feb 2025
Inland water transport is widely recognised as a cheaper and environment friendly mode of transport and, as per a report prepared by RITES

Crypto Currencies Trying To Undermine Global Financial System
27 Jan 2025
US President Donald Trump, it seems, is the latest to join the frenzy for personal or corporate currency, with $TRUMP, or what they call a meme coin, giving a further boost to his crypto image.

As costs of saying final goodbyes rise UK families resort to crowdfunding to pay for funerals
By Axel Miller | 16 Jan 2025
The cost of saying a final goodbye to loved ones in the UK has reached a grim new high, leaving families grappling with unexpected financial burdens.

The life and times of Manmohan Singh, former Prime Minister of India
By Cygnus | 28 Dec 2024
On 27th December 2024 India and the world lost one of their finest statespersons in a hundred years. Manmohan Singh, born on 26th September 1932, in Gah, Punjab (now in Pakistan)

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.
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