World economy
IMF lowers 2021 growth forecast for India to 9.5%
28 Jul 2021
Based on the trends in the post-pandemic recovery and vaccine economics, the IMF’s update on its World Economic Outlook has lowered the growth forecast for India by 3 percentage points while raising it for the US and the UK to levels around 7 per cent
Exit Netanyahu, Naftali Bennett is Israel’s new Prime Minister
14 Jun 2021
The new prime minister, leading the far-right Yamina party of six MPs and heading a coalition of diverse left-wing, centrist, right-wing and Arab parties, is in a precarious position with a narrow 60-59 win in the confidence vote
Stifling fiscal freedom
14 Jun 2021
While a uniform tax rate would disable low-income and developing countries wanting to preserve or enhance their corporate tax base and mobilise revenue, the G7 is more concerned about the shift of income from intangible sources such as drug patents, software and royalties on intellectual property to these low-tax jurisdictions
Donald Trump calls for $10 trn reparations from China over Wuhan virus
08 Jun 2021
The Former US President said nations should work together to present China for a bill of minimum $10 trillion and that, as a first step, all countries should collectively cancel any debt that they owe to China as a down payment on reparations
G7 nations strike deal on uniform tax rate for global firms
07 Jun 2021
While the deal opens global firms like Google, Amazon and other tech giants to taxation in all countries where they operate, the G7 agreement says that other countries should repeal their unilateral digital taxes in favour of a low global tax rate
As China’s Sinovac fails to tame the Wuhan virus, Bahrain, UAE and other countries opt for Pfizer booster
07 Jun 2021
Next stage of UK roadmap ‘in the balance’: UK Professor
27 May 2021
Imperial’s Professor Neil Ferguson says the next stage of the UK’s roadmap out of lockdown is ‘in the balance’ as variant B1.617.2 becomes dominant
The digital divide could exclude millions
21 Apr 2021
The digital divide could exclude millions of the UK's poorest people, academics warned at the first event of Imperial's new 'SDG of the month' series
US House passes bills to empower undocumented immigrants
26 Mar 2021
The bills once passed into law will help nearly 11 million undocumented immigrants in the US, including over 500,000 from India, to gain US citizenship
US to put breaks on new oil and gas exploration
28 Jan 2021
Biden moves to end Muslim travel ban, rejoin Paris climate accord and bolster war on Covid-19
21 Jan 2021
Joe Biden and Kamala Harris take charge of US administration
21 Jan 2021
The 78-year-old Joe Biden becomes the oldest to be sworn in as President of the United States, while Kamala Harris, 56, created history as the first woman to be sworn in as Vice President of the United States
Dubai claims a first with aluminium production using solar power
21 Jan 2021
UAE’s Emirates Global Aluminium on Monday said the state-owned aluminium manufacturer was already producing ‘CelestiAL' metal using power supplied by Dubai Electricity and Water Authority’s 1,013 MW Mohammed bin Rashid Al Maktoum Solar Park south of Dubai
EU, UK hammer out a Brexit deal, days ahead of the deadline
04 Jan 2021
The deal, struck after 11 months of painstaking negotiations, is still short of a trade deal and at best is only a blueprint for Britain’s co-existence with the European Union
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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.
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
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
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