World economy
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
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
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
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
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
Denmark’s ‘jewellery bill’ to confiscate refugees’ valuables
27 Jan 2016
Denmark's parliament passed measures on Tuesday including confiscating refugees' valuables to pay for their stay, aimed at deterring them from seeking asylum, despite protests from international human rights organisations
What does the Chinese slowdown mean for the world?
25 Jan 2016
China’s slowing economy has rattled markets around the world. Yale School of Management's Stephen Roach, the former chairman of Morgan Stanley Asia, says it’s good that China is making a much-needed transition—but other countries will need to adapt to a new normal
France to prolong emergency; warns EU of risk from refugee influx
23 Jan 2016
The migration crisis has threatened major shifts in population, French Prime Minister Manuel Valls said, and warned that the open arms policy has put the concept of Europe itself in very grave danger
World economy too reliant on a 'make-believe’ market: Raghuram Rajan
21 Jan 2016
While there isn’t anything in the global economy to support market tantrums, Reserve Bank governor Raghuram Rajan says there is some anticipation that as central banks start reducing an accommodating stance, asset prices will find the appropriate level
World’s richest 1% own as much as remaining 99%
19 Jan 2016
The study by UK non-profit Oxfam found that the 62 richest people in the world own as much as the poorest 3.6 billion, and the rich-poor gap has widened dramatically in the past 12 months
EC president Jean-Claude Juncker warns of serious economic consequence over migration crisis
16 Jan 2016
Iran set to be unshackled from sanctions today
16 Jan 2016
Terror attack in Burkina Faso leaves 20 dead
16 Jan 2016
Al Qaeda-linked terrorists stormed a hotel popular with foreigners in the West African nation, leading to a gun battle after which security forces were able to evacuate 126 hostages
Latest articles
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Featured articles
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
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