World economy
![IMF again cuts 2-year global outlook over Brexit jitters IMF again cuts 2-year global outlook over Brexit jitters](/economy/worldeconomy/images/brexit_jitters_sm_domain-b.jpg)
IMF again cuts 2-year global outlook over Brexit jitters
20 Jul 2016
Cutting its World Economic Outlook forecasts for the fifth time in 15 months, the IMF said that it now expects global GDP to grow at 3.1 per cent in 2016 and at 3.4 per cent in 2017 - down 0.1 percentage point for each year from estimates issued in April
![Philippines rejects China's offer of direct talks on South China Sea Philippines rejects China's offer of direct talks on South China Sea](/defence/general/images/tribunal_sm_domain-b.jpg)
Philippines rejects China's offer of direct talks on South China Sea
19 Jul 2016
The South China Sea dispute escalated in recent years amid a rise in Chinese military presence in the area
![Turkey holds thousands in relentless post-coup crackdown Turkey holds thousands in relentless post-coup crackdown](/economy/worldeconomy/images/recep_tayyip_erdo_sm_domain-b.jpg)
Turkey holds thousands in relentless post-coup crackdown
19 Jul 2016
Turkish security forces launched fresh raids on Monday in a relentless crackdown against the suspected plotters of a coup that left over 290 dead, as President Recep Tayyip Erdogan mooted reintroducing the death penalty to punish them
![Clinton leads Trump by 5 points in latest poll Clinton leads Trump by 5 points in latest poll](/economy/worldeconomy/images/hillary_clinton_donald_trump_sm_domain-b.jpg)
Clinton leads Trump by 5 points in latest poll
18 Jul 2016
With both the Republican and Democratic party conventions due this week, Hillary Clinton maintains her lead over Republican Donald Trump, though the email controversy has made a dent in her popularity
![Over 100 plotters among 200 killed as Turkey coup fails Over 100 plotters among 200 killed as Turkey coup fails](/economy/worldeconomy/images/military_july_sm_domain-b.jpg)
Over 100 plotters among 200 killed as Turkey coup fails
16 Jul 2016
Observers said common people pouring out in numbers played a major role in defeating a well-orchestrated coup attempt by a major section of the military against President Erdogan
![Major coup bid in Turkey fails, leaves at least 104 dead Major coup bid in Turkey fails, leaves at least 104 dead](/economy/worldeconomy/images/military_july_sm_domain-b.jpg)
Major coup bid in Turkey fails, leaves at least 104 dead
16 Jul 2016
Observers said it was a well-orchestrated coup attempt by a major section of the military, which managed to seize several strategic points in Istanbul before being driven out by forces loyal to President Erdogan
![China says won’t cede ‘one centimetre’ of territorial claims China says won’t cede ‘one centimetre’ of territorial claims](/economy/worldeconomy/images/sea_july_sm_domain-b.jpg)
China says won’t cede ‘one centimetre’ of territorial claims
16 Jul 2016
China is currently mustering all its resources to counter the South China Sea judgement by a five-member global tribunal, which has struck down its 'nine-dash line' claim on almost all of the South China Sea
No Indians among Nice victims; Modi ‘appalled’
15 Jul 2016
![Truck of terror mows down at least 80 in Nice Truck of terror mows down at least 80 in Nice](/economy/worldeconomy/images/terror_july_sm_domain-b.jpg)
Truck of terror mows down at least 80 in Nice
15 Jul 2016
At least 80 people were killed when a truck loaded with weapons and hand grenades drove along a sidewalk in the French resort city of Nice for more than a mile, ploughing through Bastille Day revellers
![UK surprise: PM May makes Boris Johnson foreign minister UK surprise: PM May makes Boris Johnson foreign minister](/economy/worldeconomy/images/theresa_may_and_boris_johnson_sm_domain-b.jpg)
UK surprise: PM May makes Boris Johnson foreign minister
14 Jul 2016
Britain’s new Prime Minister Theresa May surprised everyone by naming key Brexiteer Boris Johnson as foreign secretary, while also unceremoniously sacking Chancellor George Osborne and replacing him with Philip Hammond
![Bernie Sanders finally comes out in support of Clinton Bernie Sanders finally comes out in support of Clinton](/people/in_the_news/images/bernie_hillary_sm_domain-b.jpg)
Bernie Sanders finally comes out in support of Clinton
13 Jul 2016
Bernie Sanders' endorsement, five weeks after Hillary Clinton became the presumptive Democratic presidential nominee, brought the most prominent holdout in the party's liberal wing into her camp
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!
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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.
![](/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)