World economy
![Low-income economies told to diversify to sustain growth Low-income economies told to diversify to sustain growth](/economy/worldeconomy/images/christine_lagarde_sm_domain-b.jpg)
Low-income economies told to diversify to sustain growth
15 Apr 2016
Resilient and inclusive growth remains key to development of low-income countries and for this it is necessary that infrastructure gaps are closed, while maintaining debt sustainability’
![Fed turned more accommodative under Yellen, says Rajan Fed turned more accommodative under Yellen, says Rajan](/organisation/imf/images/raghuram_rajan_sm_domain-b.jpg)
Fed turned more accommodative under Yellen, says Rajan
15 Apr 2016
The RBI governor said the current shift in the Fed policy allows the emerging markets more room to address issues like currency volatility and declining commodity prices
![India remains world's top remittance recipient despite a $1bn drop in 2015: World Bank India remains world's top remittance recipient despite a $1bn drop in 2015: World Bank](/economy/general/images/foreign_currency_sm_domain-b.jpg)
India remains world's top remittance recipient despite a $1bn drop in 2015: World Bank
15 Apr 2016
India retained its top spot as the world’s largest recipient of overseas remittances in 2015, attracting about $69 billion
![Oil prices to stay low, India to fuel demand: IAE Oil prices to stay low, India to fuel demand: IAE](/industry/oil_gas/images/oil_tanker_sm_domain-b.jpg)
Oil prices to stay low, India to fuel demand: IAE
15 Apr 2016
Oil has collapsed since mid-2014 to as low as $27 per barrel, from as high as $115, due to booming Opec and US supplies
![Top US banks given 6 months to ready disaster plans Top US banks given 6 months to ready disaster plans](/finance/banks/images/bank_college_sm_domain-b.jpg)
Top US banks given 6 months to ready disaster plans
14 Apr 2016
To prevent a repeat of the 2008 meltdown, US regulators have given the country’s top five banks – JPMorgan Chase, Bank of America, Wells Fargo, Bank of New York Mellon and State Street Bank – six months to get their disaster plans in shape
![India remains a bright spot as global recovery slows: IMF India remains a bright spot as global recovery slows: IMF](/organisation/imf/images/imf_apr_logo_sm_domain-b.jpg)
India remains a bright spot as global recovery slows: IMF
13 Apr 2016
IMF has suggested structural, fiscal, monetary measures to offset the effects of financial risks, geopolitical shocks and political discord to global recovery, even as it lowered global growth forecast to 3.2% in 2016
Panama prosecutors raid Mossack Fonesca offices
13 Apr 2016
![Those who are (and are not) sheltered from the Panama Papers Those who are (and are not) sheltered from the Panama Papers](/economy/worldeconomy/images/panama_papers_sm_domain-b.jpg)
Those who are (and are not) sheltered from the Panama Papers
11 Apr 2016
The effects of the leaks of the Panama Papers are not evenly spread; the documents contained far more information about the offshore activities of individuals in the developing world than in the developed world. Whatever the reasons for the imbalance, it will likely limit the papers' impact. A Stratfor analysis. Republished with permission
![World Bank sees growth in East Asia easing to 6.3% in 2016 World Bank sees growth in East Asia easing to 6.3% in 2016](/finance/banks/World_Bank/images/east_pacific_sm_domain-b.jpg)
World Bank sees growth in East Asia easing to 6.3% in 2016
11 Apr 2016
Economic growth in developing East Asia is expected to ease from 6.5 per cent in 2015 to 6.3 per cent in 2016 and 6.2 per cent in 2017-18, on the back of a weaker-than-expected recovery in high-income economies and a faster-than-expected slowdown in China
![Saudi to build bridge over Red Sea to Egypt Saudi to build bridge over Red Sea to Egypt](/economy/worldeconomy/images/saudi_bridge_sm_domain-b.jpg)
Saudi to build bridge over Red Sea to Egypt
09 Apr 2016
Saudi Arabia has announced plans to build a bridge over the Red Sea to Egypt, in a lavish show of support for the government of Egyptian President Abdel Fattah el-Sisi
Panama Papers: Has Iceland’s PM Sigmundur quit?
06 Apr 2016
Featured articles
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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.
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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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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
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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
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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
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History of hovercraft Part 3...
By Kiron Kasbekar | Presenter: Kiron Kasbekar
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History of hovercraft Part 2...
By Kiron Kasbekar | Presenter: Kiron Kasbekar
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History of Hovercraft Part 1...
By Kiron Kasbekar | Presenter: Kiron Kasbekar
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