World economy
![Saudi Arabia to spend $500 bn on futuristic city with fully green power Saudi Arabia to spend $500 bn on futuristic city with fully green power](/economy/worldeconomy/images/middle_east_business_sm_domain-b.jpg)
Saudi Arabia to spend $500 bn on futuristic city with fully green power
26 Oct 2017
Saudi Arabia is getting into the city-building business with a new mega-city that will span three different countries and be powered completely by alternative or green energy
![Xi Jinping gets fresh 5-year term, name added to Chinese constitution Xi Jinping gets fresh 5-year term, name added to Chinese constitution](/economy/worldeconomy/images/xi_jinping_sm_domain-b.jpg)
Xi Jinping gets fresh 5-year term, name added to Chinese constitution
24 Oct 2017
President Xi Jinping has emerged stronger than ever as an amendment to the constitution made his ideology a new component of the Communist Party of China’s guide for action, while Premier Li Keqiang also won a fresh term
![Abe’s big election win bolsters Japanese markets Abe’s big election win bolsters Japanese markets](/economy/worldeconomy/images/shinzo_abe_sm_domain-b.jpg)
Abe’s big election win bolsters Japanese markets
23 Oct 2017
Prime Minister Shinzo Abe who assumed office in December 2012, now looks set to secure a third three-year term as LDP leader next September and go on to become Japan’s longest-serving premier
![Don’t push for veto power in UN, Nikki Haley tells India Don’t push for veto power in UN, Nikki Haley tells India](/economy/worldeconomy/images/nikki_haley_sm_domain-b.jpg)
Don’t push for veto power in UN, Nikki Haley tells India
18 Oct 2017
'The key to getting India on the UN Security Council would have to be not to touch the veto,’ says US Ambassador to the United Nations Nikki Haley, adding that the five nations with veto power are unwilling to share it
![Russia to issue its own ‘CryptoRuble’: report Russia to issue its own ‘CryptoRuble’: report](/infotech/ebusiness/images/russian_rouble_17_oct_sm_domain-b.jpg)
Russia to issue its own ‘CryptoRuble’: report
17 Oct 2017
The CryptoRouble, however, could not in any way be seen as an affirmation or legalisation of Bitcoin or any other decentralised cryptocurrency, which will remain banned in Russia
![Warming seas could lead to 70% increase in hurricane-related financial loss Warming seas could lead to 70% increase in hurricane-related financial loss](/economy/worldeconomy/images/intergovernmental_panel_sm_domain-b.jpg)
Warming seas could lead to 70% increase in hurricane-related financial loss
16 Oct 2017
If oceans warm at a rate predicted by a UN-sponsored group that assesses climate change research, expected financial losses caused by hurricanes could increase to $12 billion by 2100
![Trump inks executive order to bypass Congress, undercut Obamacare Trump inks executive order to bypass Congress, undercut Obamacare](/economy/worldeconomy/images/donald_trump_19nov_sm_domain-b.jpg)
Trump inks executive order to bypass Congress, undercut Obamacare
13 Oct 2017
Trump’s order cuts off subsidies to health insurance companies for low-income patients and instead lets small businesses band together to buy cheaper, less regulated health plans for their employees, which, however, may not be available until 2019
Scientists find gold in Swiss sewage system
13 Oct 2017
![World's 'better' countries have higher rates of cancer World's 'better' countries have higher rates of cancer](/economy/worldeconomy/images/cancer_treatment_sm_domain-b.jpg)
World's 'better' countries have higher rates of cancer
12 Oct 2017
The world's "better" countries, with greater access to healthcare, experience much higher rates of cancer incidence than the world's "worse off" countries, according to new research
UK Farm incomes could halve after Brexit: Report
12 Oct 2017
Global economic recovery gaining pace: IMF
11 Oct 2017
![Proof of Russian meddling in US poll grows; Google, Microsoft to probe Proof of Russian meddling in US poll grows; Google, Microsoft to probe](/economy/worldeconomy/images/microsoft_google_img_sm_domain-b.jpg)
Proof of Russian meddling in US poll grows; Google, Microsoft to probe
11 Oct 2017
The revelations add to the evidence that the Russian disinformation campaign had not only multiple targets among US technology companies but also multiple centres of operations
![WTO: India to push food security issue WTO: India to push food security issue](/organisation/wto/images/food_security_sm_domain-b.jpg)
WTO: India to push food security issue
09 Oct 2017
India, particularly, will insist that a permanent solution on public stock holding be one of the deliverables in Buenos Aires as was promised at the Ministerial meets in Nairobi and Bali
![Nobel Peace Prize awarded to anti-Nuke campaign group ICAN Nobel Peace Prize awarded to anti-Nuke campaign group ICAN](/economy/worldeconomy/images/ican_06_oct_sm_domain-b.jpg)
Nobel Peace Prize awarded to anti-Nuke campaign group ICAN
06 Oct 2017
The Nobel Committee cited a rising risk of nuclear war and the spread of weapons in the light of the North Korean threat to bestow the 2017 Nobel Peace Prize on the campaign group seeking a global ban on nuclear arms
![Russia in $3-bn missile defence deal with Saudi Arabia Russia in $3-bn missile defence deal with Saudi Arabia](/industry/oil_gas/images/king_salman_06_oct_sm_domain-b.jpg)
Russia in $3-bn missile defence deal with Saudi Arabia
06 Oct 2017
Saudi Aramco and Russian oil companies also signed several agreements on oil technology amidst new developments on the energy front that tend to put a squeeze on oil demand
![Equifax mass ID theft leads US to rethink on Social Security number Equifax mass ID theft leads US to rethink on Social Security number](/infotech/itnews/images/social_security_number_sm_domain-b.jpg)
Equifax mass ID theft leads US to rethink on Social Security number
05 Oct 2017
White House cybersecurity coordinator Rob Joyce says the US should end Social Security numbers as an identification method and move on to something more modern – though experts say India’s Aadhaar is not secure enough to be the answer
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
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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)