World economy

Oil falls below $30 as Iran floods market, Chinese demand slows

Oil falls below $30 as Iran floods market, Chinese demand slows

16 Jan 2016

Oil prices crashed to a 12-year low below $30 a barrel as a post-sanctions Iran prepared to unleash a flood of new oil amid a slowdown in demand from the world's two biggest economies, the US and China

Post-sanctions Iran to unload oil on India, Europe

Post-sanctions Iran to unload oil on India, Europe

15 Jan 2016

Iran hopes to increase its exports to India by 200,000 barrels per day to some 460,000 bpd, and Indian refiners say they are willing to buy it if the price is right

Pak puts Jaish chief Azhar in ‘protective custody’

15 Jan 2016

India-Pak talks put off by mutual agreement

14 Jan 2016

India said today it is working with Pakistan to fix a new date for the foreign secretary-level talks that were scheduled for Friday, while it is prepared to welcome a special investigation team from Pakistan

Ad spending growth in UK hits three-year low

Ad spending growth in UK hits three-year low

14 Jan 2016

A net balance of 0.5 per cent of companies increased their advertising budgets in the December quarter, compared with 4.4 per cent in the previous quarter and 6.1 per cent in the same period the year before

Jalalabad attack leaves 10 dead, IS claims responsibility

14 Jan 2016

Pak nabs Pathankot ‘mastermind’ Maulana Masood Azhar

Pak nabs Pathankot ‘mastermind’ Maulana Masood Azhar

13 Jan 2016

Pakistan has detained Maulana Masood Azhar, chief of the terrorist outfit Jaish-e-Mohammed accused by India of carrying out the deadly attack on the Pathankot Air Force base last week. Azhar was one of the men freed by India in exchange for the Kandahar hijack hostages in 1999

Sex crimes make Germany rethink refugee policy

09 Jan 2016

Raghuram Rajan is Central Banker of the Year 2016

Raghuram Rajan is Central Banker of the Year 2016

08 Jan 2016

Reserve Bank of India governor Raghuram Rajan has been conferred with the Central Banker of the Year Award  for 2016 by The Banker

Raghuram Rajan is Central Banker of the Year 2016

Raghuram Rajan is Central Banker of the Year 2016

08 Jan 2016

Reserve Bank of India governor Raghuram Rajan has been conferred with the Central Banker of the Year Award  for 2016 by The Banker

World Bank sees global financial turmoil in 2016

World Bank sees global financial turmoil in 2016

07 Jan 2016

In its annual Global Economic Prospects report, the World Bank says a simultaneous slowdown in developing economies will be intensified by fresh financial turmoil – but adds that India will see robust growth in 2016

N Korea faces fresh UN sanctions after H-bomb claim

N Korea faces fresh UN sanctions after H-bomb claim

07 Jan 2016

The UN Security Council agreed on Wednesday to roll out new measures to punish North Korea after its shock announcement of a hydrogen bomb

US auto sales hit record high at 17.47 million in 2015

06 Jan 2016

Emotional Obama issues stricter gun control diktat

06 Jan 2016

N Korea claims successful test of hydrogen bomb

N Korea claims successful test of hydrogen bomb

06 Jan 2016

The announcement has left the international community scrambling to verify the accuracy of North Korea’s claims, though last month had suggested Pyongyang had already developed a hydrogen bomb

One year after Charlie Hebdo, France still scared

One year after Charlie Hebdo, France still scared

06 Jan 2016

In the wake of the Paris attacks that left 17 civilians and three gunmen dead in January 2015, France has seen a curtailment of civil liberties – and perhaps more importantly, a distinct political shift to the right

Japan, Philippines and Vietnam voice ire as China lands plane in disputed islands

05 Jan 2016

Obama moves to extend background checks to cover more firearms

05 Jan 2016

Russia can be one of the most energy-competitive areas based on renewables

04 Jan 2016

Chinese manufacturing contracts for fifth month

04 Jan 2016

Increasing LNG exports ‘marginally positive’ for US economy

02 Jan 2016

UN ushers in 2030 Sustainable Development Goals on New Year

UN ushers in 2030 Sustainable Development Goals on New Year

02 Jan 2016

The United Nations, on the New Year, ushered in an ambitious 2030 Sustainable Development Goal that aims to end poverty, hunger and assure gender equally while building a life of dignity for all over the next 15 years

UK post office network to see more branches open on Sundays

31 Dec 2015

UK ends aid to India, but grants to continue

31 Dec 2015

China’s top auditing body finds over $38 bn misuse of funds

30 Dec 2015

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