World economy
Hackers breach data of millions of US government employees
05 Jun 2015
US law enforcement officials say a "foreign entity or government" was believed to be behind the cyber attack, with a possible Chinese connection being probed
S Korea reports two MERS deaths
02 Jun 2015
Petrobras raises $2.5 bn in 100-year debt
02 Jun 2015
US drops Cuba from list of state sponsors of terrorism
30 May 2015
Cuba was formally dropped by the US from a list of state sponsors of terrorism yesterday, in a major step toward restoration of full diplomatic ties
California turns to Australia for strategies to counter record drought
27 May 2015
Facing the longest and sharpest drought on record, Californian authorities are increasingly looking for solutions from Australia, the world's driest inhabited continent
Switzerland starts naming black money holders, two Indians in the list
26 May 2015
The Swiss Federal Tax Administration is reported to have published the names of several foreign nationals with Swiss bank accounts, including two Indian women
Israeli ex PM Olmert sentenced to eight month for graft
25 May 2015
The new sentence comes on top of six years in prison Olmert is already facing for taking bribes related to a controversial Jerusalem housing project while he was mayor
China offers $318 bn of projects to private investors to drive growth
25 May 2015
China is looking at the PPP model because of a widening funding gap amidst changes in borrowing procedures that could worsen its economic slowdown after years of double-digit growth
Global protest over Monsanto’s GM crops, pesticides
25 May 2015
US biotech giant Monsanto is at the receiving end for its prime products, the co-called Roundup crops and neonicotinoid pesticides that have now turned up to be carcinogenic
Greece set for June default if talks fail
25 May 2015
For Greece, which is deprived of the bond market now, a deal with the international creditors in the next few days is crucial to avoid a bankruptcy
ISIS wants to use Pak N-bomb on US
23 May 2015
With billions of dollars in extorted money in its coffers and support from divergent Islamic militant groups, ISIS hopes to secure its first nuclear weapon from Pakistan within the next 12 months
Obama signs bill to give Congress powers over Iran nuclear deal
23 May 2015
Under the bill Obama, would be barred from waiving congressional sanctions for at least 30 days, as lawmakers examined any final deal
US - China dispute over South China Sea escalates
23 May 2015
The continued US surveillance flights in the areas are aimed at challenging the Chinese government’s claims of expanded territorial sovereignty
Pakistan denies nuclear deal with S Arabia
22 May 2015
Pakistan’s Foreign Office yesterday vehemently denied a report claiming that Saudi Arabia had decided to buy nuclear weapons from Pakistan
Japan to fire up ADB to counter China-led AIIB
22 May 2015
According to analysts, the rival efforts by the two countries will be a boon for Asian nations, which face huge infrastructure shortfalls
Airbus UK chief warns of withdrawing if UK exits EU
21 May 2015
Paul Kahn, the president of Airbus Group UK has warned that the company could reconsider its investment in the country in the event of the UK leaving the EU
India to drive South Asian economic growth in FY16: UN
20 May 2015
India's economic growth is projected to surpass that of China's, with a 7.7 per cent expansion of GDP in 2016, while China’s economic growth is projected to decline to 6.8 per cent in 2016 from 7 per cent in 2015
S African regulator probes global banks for forex rate fixing
20 May 2015
The banking giants under probe include BNP Paribas SA, Citigroup Inc, Barclays Bank Plc, JP Morgan Chase & Co, Investec Ltd, Standard New York securities Inc, and Standard Chartered Plc
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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