World economy

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

White House transition to Joe Biden starts as President Trump relents
24 Nov 2020
Trump said in a tweet on Monday that he was directing his team to cooperate on the transition, allowing federal funds to start flowing to Biden so that he can carry out his transition duties before his 20 January inauguration as the 46th US president

G20 strikes historic debt pact to help Covid-hit poorer countries
20 Nov 2020
A meeting of G20 finance ministers and central bank governors on Friday endorsed a common framework for debt treatment beyond debt relief and agreed to continue to focus on supporting vulnerable countries in their fight against the Covid-19 pandemic
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Hariman Sharma lets apple travel to India’s warmer climes
10 Feb 2025
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
27 Jan 2025
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
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.
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