World economy
![US revives New Silk Road, Indo-Pacific Economic Corridor projects US revives New Silk Road, Indo-Pacific Economic Corridor projects](/economy/infrastructure/images/gurgoan_airport_expressway_25may_sm_domain-b.jpg)
US revives New Silk Road, Indo-Pacific Economic Corridor projects
25 May 2017
India will play a significant role in both the projects that will link Europe with Central Asia and Southeast Asia
![Moody's downgrades China's credit rating to A1 from Aa3 Moody's downgrades China's credit rating to A1 from Aa3](/finance/rating/moody_investors/images/moodys_Investor_24may_sm_domain-b.jpg)
Moody's downgrades China's credit rating to A1 from Aa3
24 May 2017
The downgrade, however, is unlikely to affect China’s economy that is flush with foreign money and still within investment grade, although officially it is seen to be raising borrowing costs for the Chinese government and its state-owned enterprises
Manchester pop concert blast kills 22; IS claims responsibility
23 May 2017
The blast was apparently triggered by a lone suicide bomber as a crowd of mainly teenagers were exiting Manchester Arena after a concert by pop star Ariane Grande, leaving 22 dead and 59 injured
![Permafrost melt threatens 'Doomsaday' seed Vault in Norway Permafrost melt threatens 'Doomsaday' seed Vault in Norway](/economy/agriculture/images/doomsaday_22may_sm_domain-b.jpg)
Permafrost melt threatens 'Doomsaday' seed Vault in Norway
22 May 2017
The Svalbard Global Seed Vault, a gene bank built underground on the isolated island in a permafrost zone some 1,000 km from the North Pole, was opened in 2008 as a master backup to the world's other seed banks
![Trump signs business deals worth $380 billion in Saudi Arabia Trump signs business deals worth $380 billion in Saudi Arabia](/economy/worldeconomy/images/donald_trump_22may_sm_domain-b.jpg)
Trump signs business deals worth $380 billion in Saudi Arabia
22 May 2017
On the first leg of his first official tour outside the United States, President Donald Trump also clinched a $110 billion arms deal with Saudi Arabia, the largest single order for US defence equipment and services
![Iran re-elects reformist President Rouhani by big margin Iran re-elects reformist President Rouhani by big margin](/people/in_the_news/images/hassan_rouhani_20may_sm_domain-b.jpg)
Iran re-elects reformist President Rouhani by big margin
20 May 2017
Rouhani’s victory underlines the Iranian people’s desire for more freedom at home and less isolation abroad – but his powers remain limited as Supreme Leader Ayatollah Khamenei holds ultimate sway
![Trump to tone down anti-Muslim rhetoric on S Arabian tour Trump to tone down anti-Muslim rhetoric on S Arabian tour](/economy/worldeconomy/images/donald_trump_19nov_sm_domain-b.jpg)
Trump to tone down anti-Muslim rhetoric on S Arabian tour
20 May 2017
Abandoning some of the harsh anti-Muslim rhetoric of his presidential campaign, the draft of Trump’s speech to be delivered in Saudi Arabia on Sunday notably refrains from mentioning democracy and human rights topics
UK consumers fear post-Brexit price rise: report
19 May 2017
![After ICJ stay, Pak to change lawyers in Kulbhushan Jadhav case After ICJ stay, Pak to change lawyers in Kulbhushan Jadhav case](/economy/worldeconomy/images/Commander_Kulbhushan_Jadhav_sm_domain-b.jpg)
After ICJ stay, Pak to change lawyers in Kulbhushan Jadhav case
19 May 2017
Pakistan’s foreign affairs adviser Sartaj Aziz has said Islamabad will appoint a new team of lawyers to defend Pakistan's position at the International Court of Justice in the Kulbhushan Jadhav death penalty case
![ICJ stays Pak decision to execute Kulbhushan Jadhav ICJ stays Pak decision to execute Kulbhushan Jadhav](/people/in_the_news/images/kulbhushan_jadhav_10may17_sm_domain-b.jpg)
ICJ stays Pak decision to execute Kulbhushan Jadhav
18 May 2017
Asserting its jurisdiction in the Jhadav case, ICJ president Ronny Abraham said Jadhav's arrest remained disputed and that Pakistan should have given India consular access to its national
![Will Trump be impeached? Ladbroke’s goes odds-on at 4-5 Will Trump be impeached? Ladbroke’s goes odds-on at 4-5](/economy/worldeconomy/images/donald_trump_19nov_sm_domain-b.jpg)
Will Trump be impeached? Ladbroke’s goes odds-on at 4-5
18 May 2017
With the Trump administration staggering from controversy to controversy, punters on both sides of the Atlantic are ramping up wagers over whether Donald Trump will serve out a full term as US president
![FBI ex-chief Robert Mueller to probe Russian links in US polls FBI ex-chief Robert Mueller to probe Russian links in US polls](/economy/worldeconomy/images/robert_mueller_sm_domain-b.jpg)
FBI ex-chief Robert Mueller to probe Russian links in US polls
18 May 2017
Former FBI director Robert Mueller III will investigate alleged Russian interference in the 2016 US election and possible collusion between President Donald Trump's campaign managers and Moscow
![Putin offers to disclose ‘Trump tapes’ of meet with Lavrov Putin offers to disclose ‘Trump tapes’ of meet with Lavrov](/economy/worldeconomy/images/vladimir_putin_may_sm_domain-b.jpg)
Putin offers to disclose ‘Trump tapes’ of meet with Lavrov
18 May 2017
The provocative offer to share evidence with US oversight committees about the Oval Office meeting came with the caveat that the request for the transcript would have to come from the Trump administration
![Trump claims 'absolute right' to share 'facts' with Russia Trump claims 'absolute right' to share 'facts' with Russia](/people/in_the_news/images/donald_trump_19nov_sm_domain-b.jpg)
Trump claims 'absolute right' to share 'facts' with Russia
16 May 2017
President Donald Trump’s meeting with the Russian officials came a day after he fired FBI chief James Comey, who was investigating his alleged Russian ties
![India-Japan `Freedom Corridor’ set to counter China’s OBOR India-Japan `Freedom Corridor’ set to counter China’s OBOR](/economy/infrastructure/images/freedom_corridor_sm_domain-b.jpg)
India-Japan `Freedom Corridor’ set to counter China’s OBOR
16 May 2017
The Indo-Japanese initiative, called the `Freedom Corridor’, stretching from Asia-Pacific to Africa, aims at stabilising the region amid Chinese designs that have a destabilising effect on countries of the region
Featured articles
![](/Uploads/Images/thumb_733d509d-493c-41e9-b429-1260d912bb91-Aerogel-Crayon.jpg)
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!
![](/Uploads/Images/thumb_294b0bec-6ff0-43c9-9fbc-a14e7cc70fa5-COP28.jpg)
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.
![](/Uploads/Images/thumb_97943c9b-6e8f-429b-b355-1d4502bac437-Ponzi-Money.jpg)
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.
![](/Uploads/Images/thumb_0f8359a3-2528-4faf-86c9-707fb7bccc01-Hdfc-logo.jpg)
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
![](https://businesshistory.domain-b.com/Uploads/Videos/Images/thumb_f5cfed27-cd8d-4644-9c6b-d1f3f64fb558-YouTube-thumbnail-Hovercraf.jpg)
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)