World economy
Osborne vows to crack down on UK’s ‘rogue bankers’
13 Nov 2015
Rogue bankers should be treated like shoplifters and thrown into jail, the UK’s Chancellor of the Exchequer George Osborne said at Bank of England’s Open Forum event at London’s Guildhall
Private prisons threaten to sue states over vacancies
10 Nov 2015
While the Netherlands is closing down eight prisons as there are not enough criminals to fill them, private prisons in the US are suing the government for not "filling vacancies"
Text of US-Pacific trade pact adds fuel to debate
06 Nov 2015
The Obama administration has released the full text of the path-breaking Trans-Pacific Partnership or TPP, prompting immediate criticism from unions, environment groups, and – surprisingly – from Ford Motor Co
Stanford researchers' calculations reveal higher-than-expected global economic cost of climate change
05 Nov 2015
US factory orders fall for second straight month
04 Nov 2015
President Erdogn's AK Party set to rule Turkey with clear majority
02 Nov 2015
President Recep Tayyip Erdogan’s Justice and Development Party (AK Party) is on track to win back its parliamentary majority, though counting is yet to be completed in some of the largest cities
S&P downgrades Saudi Arabia on oil price slump
31 Oct 2015
Earlier this week, IMF said that Saudi Arabia could exhaust all its cash reserves in five years and would become bankrupt, if oil prices continue at the same levels the government spending remains umaltered
China spurns arbitration court ruling
31 Oct 2015
China scraps one-child rule, lets couples have a second
30 Oct 2015
Analysts say the relaxation doesn’t mean couples will rush to have a second child, and any hoped-for demographic dividend will take a long time to fructify
US Fed rate hike looks a mirage; deferred till December
29 Oct 2015
Investors had expected the Fed to hike rates as planned despite international pressure to keep rates at current levels so as to keep markets calm
Nepal gets its first woman president
28 Oct 2015
Bidhya Devi Bhandari is Nepal’s second President since the Himalayan nation was turned into a republic after abolishing the centuries-old monarchy
UK GDP growth slows to 0.5% in Q3
28 Oct 2015
‘Pak using Taliban to counter India in Afghanistan’
26 Oct 2015
Documents accessed by WikiLeaks from the email account of CIA director John Brennan reveal his opinion that at least some elements in the Pakistan military and intelligence service want to maintain close ties with the Taliban
China cuts key interest rates to spur growth
24 Oct 2015
This is the sixth time this year the central bank has cut the key interest rates in a bid to support the economy
Featured articles
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