World economy

OPEC monthly output raised for fourth time since February

07 Jul 2015

Greece's finance minister quits to give reconciliation with EU a chance

06 Jul 2015

UK banks urge Osborne to cap bank levy

06 Jul 2015

China steps up efforts to tackle stock market crash

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

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

Greek PM urges "No" vote at Sunday’s austerity referendum

04 Jul 2015

Greeks convert euros to bitcoins in case Greece exits EU

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

Cuba is world's first to eliminate mother-to-child HIV infection

02 Jul 2015

Cuba is world's first to eliminate mother-to-child HIV infection

02 Jul 2015

China distorting global financial system, says World Bank

01 Jul 2015

Greece defaults on IMF debt; set to reject EU bailout terms

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

Chinese banks emerge world's best capitalised, biggest profit makers

30 Jun 2015

US consumer confidence records best six months in past decade

29 Jun 2015

Markets in a tailspin as Geek debt default looms

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

San Francisco told to stop using water from reservoir

27 Jun 2015

EBRD eyes co-financing infra projects with China-led AIIB

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

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

India pledges $1 bn to Nepal as quake aid tops $3 billion

25 Jun 2015

India pledges $1 bn to Nepal as quake aid tops $3 billion

25 Jun 2015

Offshore investment hubs rob developing nations of $100 bn annually: UNCTAD Report

25 Jun 2015

Bobby Jindal announces US presidential bid on Twitter

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

Another nuclear arms race inevitable: former US ambassador to Soviet Union

24 Jun 2015

India looks to Eurasian Economic Union to push trade through Iran

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

China opens Nathu La route for Kailash Mansarovar pilgrims

China opens Nathu La route for Kailash Mansarovar pilgrims

22 Jun 2015

The existing Lipulekh Pass stands badly damaged after the 2013 floods in Uttarakhand and the new route will enable pilgrims to travel the 1,500 km from Nathu La to Kailash by buses

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