World economy
A Yale economist’s take on the Greek debt crisis
08 Jul 2015
Greece and its European creditors are struggling to agree on new bailout terms to prevent a complete collapse of the Greek economy If no agreement is reached by July 20, Greece will default on a $3.9 billion bond repayment to the European Central Bank (ECB), which could force the cash-strapped nation to begin printing its own national currency. By Michael Cummings
US banks resubmit bankruptcy contingency plans
07 Jul 2015
UK banks urge Osborne to cap bank levy
06 Jul 2015
China steps up efforts to tackle stock market crash
06 Jul 2015
The stock market rout in the world’s second-largest economy has raised serious concerns for global investors who fear derailment of the country’s growth prospects, which are already on a slide
Greece set to lose as Tsipras wins austerity referendum
06 Jul 2015
Prime Minister Alexis Tsipras has decisively won a vote against austerity, but at a cost, for he has no one to lend on his terms as of now
Greeks convert euros to bitcoins in case Greece exits EU
04 Jul 2015
Greeks are converting their euros to bitcoins as a safeguard against a return to devalued drachma in the event of a “No” vote in a referendum, due on Sunday
Greece defaults on IMF debt; set to reject EU bailout terms
30 Jun 2015
The Greek government on Tuesday held on to its anti-austerity platform even as European leaders pleaded with Greek voters to back the highly disputed bailout proposals in a crunch referendum or face leaving the euro
Markets in a tailspin as Geek debt default looms
29 Jun 2015
The Greek government announced on Sunday that the country’s banks would remain shut all week after a run on the banks by depositors eager to withdraw their money
EBRD eyes co-financing infra projects with China-led AIIB
27 Jun 2015
EBRD hopes to have its first joint projects with the new $100-billion China-led Asian Infrastructure Investment Bank in place by next year
Raghuram Rajan warns of repeat of the 1930 global depression
26 Jun 2015
While trying to produce growth out of nowhere we are in fact shifting growth from each other, rather than creating growth, he pointed out
BRICS bank to start operations by April: Kamath
25 Jun 2015
Bobby Jindal announces US presidential bid on Twitter
25 Jun 2015
Louisiana governor Bobby Jindal, 44, yesterday became the first Indian-origin American to throw his hat in the ring for US presidential elections
India looks to Eurasian Economic Union to push trade through Iran
23 Jun 2015
India is keen to join the Eurasian Economic Union, comprising the Russian Federation, Kazakhstan and Belarus, to push trade through India's west coast via Iran to the central Asian countries
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
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