World economy
![Nepal govt to address Madhesis' concerns, amend Constitution Nepal govt to address Madhesis' concerns, amend Constitution](/economy/worldeconomy/images/kathmandu_sm_domain-b.jpg)
Nepal govt to address Madhesis' concerns, amend Constitution
21 Dec 2015
The new constitution threatened to politically marginalise Madhesis, who reside in the Terai region near the border with India and constitute nearly 52 per cent of Nepal's population
![Mountain of rubble collapses in China; 91 missing Mountain of rubble collapses in China; 91 missing](/economy/worldeconomy/images/rubble_collapses_sm_doman-b.jpg)
Mountain of rubble collapses in China; 91 missing
21 Dec 2015
Rescuers were searching today for at least 91 missing people a day after a mountain of excavated soil and construction waste buried dozens of buildings when it collapsed and swept through an industrial park in the southern Chinese city of Shenzhen
![US lifts oil export ban after 40 years; offers sops to solar and wind power US lifts oil export ban after 40 years; offers sops to solar and wind power](/industry/oil_gas/images/oil_drilling_jun_sm_domain-b.jpg)
US lifts oil export ban after 40 years; offers sops to solar and wind power
19 Dec 2015
The US Congress had imposed the ban on export of US crude in the '70s after an oil price boom sent gasoline prices soaring and led to runaway inflation
![2015 creates global refugee record: UNHCR 2015 creates global refugee record: UNHCR](/economy/worldeconomy/images/tijerina_sm_domain-b.jpg)
2015 creates global refugee record: UNHCR
18 Dec 2015
With almost a million people having crossed the Mediterranean as refugees, and conflicts in Syria and elsewhere adding more, 2015 exceeds all previous records for global forced displacement, the UN Refugee Agency warned in a new report today
![US, Russia unite on UN resolution against ISIS US, Russia unite on UN resolution against ISIS](/defence/general/images/antiquities_sales_sm_domain-b.jpg)
US, Russia unite on UN resolution against ISIS
18 Dec 2015
Finance ministers from the 15 United Nations Security Council nations will adopt a plan today aimed at disrupting outside revenue that the Islamic State extremist group gets from oil and antiquities sales, ransom payments and other criminal activities
![US Fed moves to end easy money policy, raises rate to 0.25-50% US Fed moves to end easy money policy, raises rate to 0.25-50%](/economy/worldeconomy/images/janet_yellen_dec_sm_domain-b.jpg)
US Fed moves to end easy money policy, raises rate to 0.25-50%
17 Dec 2015
While markets have taken the rate hike in stride and were not perturbed by the Fed move to make dollar costlier, a 0.25 per cent rate is not going to make dollar costly either
India dismisses coal consumption criticism
11 Dec 2015
![Syrian opposition unites to seek fresh talks Syrian opposition unites to seek fresh talks](/economy/worldeconomy/images/snc_logo_domain-b.jpg)
Syrian opposition unites to seek fresh talks
11 Dec 2015
The deeply divided Syrian opposition managed to cobble together a unified bloc during a meeting in Riyadh, but it remains unclear if and when talks with the Assad regime will take place
![Mauricio Macri sworn in as Argentine president Mauricio Macri sworn in as Argentine president](/people/in_the_news/images/mauricio_macri_sm_domain-b.jpg)
Mauricio Macri sworn in as Argentine president
11 Dec 2015
Underscoring the deep divisions in the Argentine polity, outgoing President Cristina Fernandez skipped the inauguration ceremony, during which Macri vowed openness and sweeping reforms
![India to seek logical end to Doha Development Round at WTO India to seek logical end to Doha Development Round at WTO](/organisation/wto/images/wto_dec_sm_domain-b.jpg)
India to seek logical end to Doha Development Round at WTO
11 Dec 2015
India on Thursday said it will not sacrifice the development agenda of the Doha Round of trade negotiations to support the so-called trade facilitation measures
![China cuts yuan reference rate to lowest since 2011 China cuts yuan reference rate to lowest since 2011](/economy/worldeconomy/images/yuan_currency_sm_domain-b.jpg)
China cuts yuan reference rate to lowest since 2011
10 Dec 2015
The People’s Bank of China is thought to be conducting a ‘stress test’ in the currency market before the US Fed’s expected rate hike next week
Russia to hold talks with US, UN on Syria
10 Dec 2015
![Donald Trump stands by call to control Muslims Donald Trump stands by call to control Muslims](/people/in_the_news/images/donald_trump_09dec15_sm_domain-b.jpg)
Donald Trump stands by call to control Muslims
09 Dec 2015
Several Republicans have warned that if Trump is the party's choice for the November 2016 election, his stance could hurt in a matchup with Democratic front-runner Hillary Clinton
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
![](/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
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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
![](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)