World economy
Chemicals maker Rohm & Haas to slash 900 jobs
20 Jan 2009
Hyperinflation forces Zimbabwe to introduce Z$100-trillion currency
20 Jan 2009
Hit by raging hyperinflation, Zimbabwe will soon introduce a new set of notes in denominations of 10 trillion, 20 trillion, 50 trillion and 100 trillion.
Another Indian likely in Obama’s team
20 Jan 2009
China’s 2008 FDI growth up 23.58 per cent, despite last quarter decline
19 Jan 2009
The global slowdown has led to a decline in foreign direct investments into China, which in recent years haas been recording the fastest economic growth.
'Green shoots' of UK recovery: fact or mirage?
By By Jagdeep Worah | 17 Jan 2009
UN forecast adds to economic gloom
17 Jan 2009
A new UN report says the global economy could contract by 0.4 per cent, — the first gloal contraction since the Great Depression of the 1930s. By Jagdeep Worah
European Central Bank cuts key rate by 50 bps to 2.00 per cent
15 Jan 2009
The European Central Bank has announced a cut its key refinancing rate for banks by 50 basis points to 2.00 per cent amidst a deepening recession
UK unveils £20 billion scheme for small firms
15 Jan 2009
Google cuts down on staff and operations
15 Jan 2009
The current economic slowdown is hurting even behemoths like Google,which has been forced to axe a quarter of its recruitment staff.
No end in sight to recession, warns Fed
15 Jan 2009
China displaces Germany as world’s third largest economy
14 Jan 2009
China has surpassed Germany to become the world's third largest behind the US and Japan.
IT outsourcing from China growing at 20-40 per cent: report
14 Jan 2009
According to a McKinsey & Co report IT outsourcing grew betwen 20 and 40 per cent in 2008 despite a 39 per cent slowdown in global offshoring
Russia, EU reach deal on resuming gas supplies to Europe
10 Jan 2009
Russia and the EU have reached an agreement on monitoring gas supplies through Ukraine, setting stage for resumption of supplies to Europe.
Bush’s $700-billion bailout criticised by Congressional panel
10 Jan 2009
The spending by the US government’s Troubled Asset Relief Program (TARP) faces trenchant criticism from a Congressional oversight panel
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Featured articles
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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