World economy
Global insolvencies projected to rise in 2009
04 Dec 2008
US private sector sheds 250,000 jobs in November: report
04 Dec 2008
A new report says employment in the US private sector fell 250,000 in November following a revised decrease of 179,000 jobs in October
Mexican steelmaker AHMSA to lay off 12,000
03 Dec 2008
Paulson urges China to boost domestic economy
03 Dec 2008
US treasury secretary Henry Paulson wants China to further boost domestic demand and furter reform its exchange rate policies.
Delta Airlines to reduce capacity further 2009
03 Dec 2008
UK denies plans to join the eurozone
02 Dec 2008
US recession official; may last till mid-'09
02 Dec 2008
Global recession drags Chinese manufacturing to record low
01 Dec 2008
Aan index of China’s 700 manufacturers reveals the country's manufacturing has fallen to its lowest level since 2005.
Nokia exits Japanese market
28 Nov 2008
Google slashing contractor jobs
28 Nov 2008
EU planning €200 billion stimulus
26 Nov 2008
The European Commission today called for a €200 billion rescue plan for the 27-member block, which is caught in a financial and economic crisis.
China slashes key lending, deposit rates to boost liquidity
26 Nov 2008
China's central bank today cut its key interest rates, for the fourth time in three months, in a bid to infuse more liquidity into the system and cushion the blow of the global financial crisis.
OECD suggests further cut in interest rates; sees India recovery in 2009
26 Nov 2008
The Organisation for Economic Cooperation and Development has suggested that, with inflation more or less under check, countries like India should keep cutting interest rates to avoid the risk of deflation
US government unveils $800 billion second stimulus plan
26 Nov 2008
The US government announced on Tuesday that it would inject a whopping $800 billion more into the economy to arrest the alarming economic downturn.
Pakistan secures $7.6 billion lifeline from IMF
25 Nov 2008
Pakistan has obtained a $7.6 billion lifeline from the International Monetary Fund, which will prevent the country from defaulting on debt. Pakistan's foreign-exchange reserves have shrunk 75 per cent in 12 months, to $3.45 billion.
Latest articles
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Hariman Sharma lets apple travel to India’s warmer climes
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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
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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
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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?
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Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
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