World economy
![Taiwan quake kills 7, leaves dozens hurt or missing Taiwan quake kills 7, leaves dozens hurt or missing](/environment/images/taiwan_quake_sm_domain-b.jpg)
Taiwan quake kills 7, leaves dozens hurt or missing
06 Feb 2016
Rescuers pulled 247 survivors from the rubble in the worst-hit Tainan city that left seven dead and several dozens hurt or missing
![Obama proposes $10 a-barrel-oil tax to fund US railway, highway projects Obama proposes $10 a-barrel-oil tax to fund US railway, highway projects](/economy/worldeconomy/images/obama_feb_sm_domain-b.jpg)
Obama proposes $10 a-barrel-oil tax to fund US railway, highway projects
05 Feb 2016
President Obama has proposed a $10-a-barrel oil tax spread over five years to pay for a variety of ''clean transportation'' technologies
![Zika in Europe: pregnant Spanish woman infected Zika in Europe: pregnant Spanish woman infected](/economy/worldeconomy/images/head_size_sm_domain-b.jpg)
Zika in Europe: pregnant Spanish woman infected
05 Feb 2016
With dozens of cases emerging in Europe and North America from travellers returning from affected areas, WHO has stressed the potential link between Zika and microcephaly — which causes children to be born with abnormally small heads
12 nations ink TPP treaty, but long road ahead
04 Feb 2016
![EU again urges Greece to control migrant influx EU again urges Greece to control migrant influx](/economy/worldeconomy/images/migrant_influx_sm_domain-b.jpg)
EU again urges Greece to control migrant influx
03 Feb 2016
The European Union has urged Greece to take specific steps to check the flow of asylum seekers to its shores and protect the 28-nation bloc's external border
![23 nations meet in Rome to mull anti-ISIS strategy 23 nations meet in Rome to mull anti-ISIS strategy](/defence/general/images/john_kerry_03feb16_sm_domain-b.jpg)
23 nations meet in Rome to mull anti-ISIS strategy
03 Feb 2016
US officials said the Pentagon's fiscal year 2017 budget will call for more than $7 billion to fight Islamic State, up roughly a third from the previous year's request to Congress
![WHO declares global emergency as Zika virus spreads WHO declares global emergency as Zika virus spreads](/organisation/who_collaborating_centre/images/zika_virus_sm_domain-b.jpg)
WHO declares global emergency as Zika virus spreads
02 Feb 2016
The decision was taken after an emergency meeting of of independent experts in Geneva to assess the severity of the health threat associated with the spread of Zika virus disease
![Aung San Suu Kyi ushers in a muted democracy in Myanmar Aung San Suu Kyi ushers in a muted democracy in Myanmar](/people/in_the_news/images/aung_san_suu_kyi_feb_sm_domain-b.jpg)
Aung San Suu Kyi ushers in a muted democracy in Myanmar
01 Feb 2016
Suu Kyi’s National League for Democracy will have to share power with the military, which retains three key ministers, a quarter of seats in parliament and a veto on constitutional changes
![Russia weighs Opec proposal for oil production cutbacks Russia weighs Opec proposal for oil production cutbacks](/industry/oil_gas/images/oil_barrel_sm_domain-b.jpg)
Russia weighs Opec proposal for oil production cutbacks
29 Jan 2016
A combined reduction in oil production could immediately reduce global supplies of crude oil by around 1 million barrels per day
![Netherlands moots sending refugees back to Turkey Netherlands moots sending refugees back to Turkey](/economy/worldeconomy/images/confiscate_refugees_sm_domain-b.jpg)
Netherlands moots sending refugees back to Turkey
29 Jan 2016
EU nations have grown unnerved by the continent's worst migration crisis since World War II, one that has jeopardised the bloc's Schengen zone of passport-free travel
![BoJ cuts interest rate to below 0 % to beat deflation, revive growth BoJ cuts interest rate to below 0 % to beat deflation, revive growth](/finance/general/images/gv_kuroda_sm_domain-b.jpg)
BoJ cuts interest rate to below 0 % to beat deflation, revive growth
29 Jan 2016
The BoJ plans to pursue monetary easing in full steam by making full use of possible measures in terms of three dimensions - quantity, quality, and interest rate
![IMF reforms boost voting rights of India, other emerging countries IMF reforms boost voting rights of India, other emerging countries](/organisation/imf/images/christine_lagarde_sm_domain-b.jpg)
IMF reforms boost voting rights of India, other emerging countries
28 Jan 2016
With the 2010 IMF quota and governance reforms coming into effect, India China, Brazil and Russia are now among the 10 largest members of the Fund, with greater say in governance
AIG to cut costs, return $25 bn to shareholders
28 Jan 2016
![EU blasts Greece for mishandling refugee crisis EU blasts Greece for mishandling refugee crisis](/economy/worldeconomy/images/mishandling_sm_domain-b.jpg)
EU blasts Greece for mishandling refugee crisis
28 Jan 2016
With the bodies of seven more drowned migrants recovered on Wednesday, the European Union warned Greece that it could face border controls with the rest of the EU`s passport-free Schengen zone if it fails to improve controls
India, Russia sign pact on research projects
28 Jan 2016
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)