World economy

Statement on Indo-Pacific Economic Framework for Prosperity

25 May 2022

Quad plans over $50 bn infastructure investment in Asia-Pacific

Quad plans over $50 bn infastructure investment in Asia-Pacific

25 May 2022

The Quad leaders said they will champion adherence to international law, as reflected in the UN Convention on the Law of the Sea (UNCLOS), and the maintenance of freedom of navigation and overflight, to meet challenges to the maritime rules-based order, including in the East and South China Seas

Sri Lanka govt plans to sell airline; prints money to pay salaries

Sri Lanka govt plans to sell airline; prints money to pay salaries

23 May 2022

The nation has only one day’s stock of gasoline and the government is working to obtain dollars in the open market to pay for three ships with crude oil and furnace oil that have been anchored in Sri Lankan waters, the newly appointed Prime Minister Ranil Wickremesinghe said

Infosys exits Russia to end UK political and tax row

18 Apr 2022

Replacing Russian oil a difficult task for EU, warns Opec

12 Apr 2022

Ray of hope as Russia offers ceasefire, Ukraine distances from Nato

Ray of hope as Russia offers ceasefire, Ukraine distances from Nato

09 Mar 2022

Russia announced the ceasefire for evacuation of the civilian population from Chernihiv, Sumy, Kharkiv, Mariupol, and Zaporizhzhia, even as  Ukranian President Volodymyr Zelenskyy said he is no longer pressing for Nato membership for Ukraine, and cooled down on break-away provinces

Vladimir Putin seeks lawmakers’ permission to use force outside Russia

Vladimir Putin seeks lawmakers’ permission to use force outside Russia

07 Mar 2022

Putin's move to sign a decree recognising Donetsk and Luhansk (Donbass) as independent regions, will pave way for Russian military forces to enter into these separatist-dominated regions claiming to be an ally of the rebels

China’s GDP grew 8.1% in 2021, fastest in 10 years: report

24 Jan 2022

India committed to remain a reliable global partner, PM Modi tells WEF

India committed to remain a reliable global partner, PM Modi tells WEF

20 Jan 2022

‘Throw away’ culture and consumerism has deepened the climate challenge and this has made it imperative for the world to rapidly move to a circular economy, Modi said

French health authorities detect new Covid-19 variant 'IHU'

05 Jan 2022

Top 10% has 57% of India’s national income: World Inequality Report

20 Dec 2021

US to give automatic job authorisation to spouses of H-1B visa holders

17 Dec 2021

Biden elevates Indian American Gautam Raghavan as head of White House personnel

13 Dec 2021

World Bank gets donors’ backing for $280 million Afghan aid programme

13 Dec 2021

Olaf Scholz replaces Angela Merkel as Germany’s chancellor

Olaf Scholz replaces Angela Merkel as Germany’s chancellor

13 Dec 2021

While Germans see a continuation of Merkel's governing style in Scholz, who is a calm, steady hand in a crisis and a pragmatic leader striving for compromise, on foreign policy and on European policy, Scholz will be more aligned with the President Joe Biden of the United States

Study finds 18 new `high risk’ zoonotic viruses across China’s wet markets

22 Nov 2021

China's Xi vows 'reunification' with defiant Taiwan

11 Oct 2021

David Card, Joshua Angrist and Guido Imbens share Economics Nobel 2021

David Card, Joshua Angrist and Guido Imbens share Economics Nobel 2021

11 Oct 2021

David Card, Joshua Angrist and Guido Imbens have provided new insights about the labour market and shown what conclusions about cause and effect can be drawn from natural experiments that has spread to other fields and revolutionised empirical research,” says the Nobel Prize committee

Modi, Japan PM Fumio Kishida oppose ‘unilateral coercion’ in Indo-Pacific

11 Oct 2021

Maria Ressa and Dmitry Muratov share Nobel Peace Prize 2021

Maria Ressa and Dmitry Muratov share Nobel Peace Prize 2021

08 Oct 2021

Maria Ressa used freedom of expression to expose abuse of power, use of violence and growing authoritarianism in her native country, the Philippines, while Dmitry Muratov has for decades defended freedom of speech in Russia under increasingly challenging conditions, according tp the Nobel Prize Committee

Abdulrazak Gurnah wins Nobel Prize in Literature 2021

Abdulrazak Gurnah wins Nobel Prize in Literature 2021

08 Oct 2021

`Abdulrazak Gurnah's dedication to truth and his aversion to simplification are striking,; the Nobel Committee for Literature said, adding, `His novels recoil from stereotypical descriptions and open our gaze to a culturally diversified East Africa unfamiliar to many in other parts of the world’

Benjamin List and David MacMillan share Nobel Prize in Chemistry 2021

Benjamin List and David MacMillan share Nobel Prize in Chemistry 2021

06 Oct 2021

Benjamin List and David MacMillan have been awarded the Nobel Prize in Chemistry 2021 for independent research leading to the development of a third type of catalysis, called asymmetric organocatalysis that builds upon small organic molecules

 

Klaus Hasselmann and Niklas Elmehed share 2021 Physics Nobel with Giorgio Parisi

Klaus Hasselmann and Niklas Elmehed share 2021 Physics Nobel with Giorgio Parisi

06 Oct 2021

The Nobel Prize in Physics 2021 has been awarded to three scientists, with Syukuro Manabe and Klaus Hasselmann jointly sharing half of the prize money "for the physical modelling of Earth's climate, quantifying variability and reliably predicting global warming" and the other half going to Giorgio Parisi "for the discovery of the interplay of disorder and fluctuations in physical systems from atomic to planetary scales."

 

David Julius and Ardem Patapoutian share 2021 Nobel Prize in Medicine

David Julius and Ardem Patapoutian share 2021 Nobel Prize in Medicine

06 Oct 2021

The groundbreaking discoveries of the TRPV1, TRPM8 and Piezo channels by this year’s Nobel Prize laureates have allowed us to understand how heat, cold and mechanical force can initiate the nerve impulses that allow us to perceive and adapt to the world around us, says the Nobel Prize Committee

US Fed not in a hurry to close money taps: Powel

US Fed not in a hurry to close money taps: Powel

30 Aug 2021

While the pandemic-led recession, the briefest and deepest on record, displaced roughly 30 million workers in the United States in the space of two months, recovery has ben even faster, the Fed chief said

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