World economy
Major US allies set to join new China-led global lender
17 Mar 2015
Major European allies of the United States, including France, Germany and Italy, have agreed to join the China-led Asian Infrastructure Investment Bank (AIIB)
India offers Sri Lanka $1.5-bn currency swap facility
14 Mar 2015
India and Sri Lanka have agreed to wide-ranging cooperation, including currency stabilisation, infrastructure, energy security, tourism and deeper cooperation in the “ocean economy”
India unhappy at sentencing of Maldives ex-President Nasheed
14 Mar 2015
In a court hearing late on Friday night, Nasheed, the country's first democratically elected leader, was charged under the Anti-Terrorism Act of 1990
China’s Feb data add to deflation worries
10 Mar 2015
ECB’s monetary expansion sinks euro below $1.08; rupee wilts
10 Mar 2015
While most major banks expected the US dollar to gain parity with the euro by next year or the latest by 2017, the launch of eurozone quantitative easing seems to have quickened the pace
Argentina wants HSBC to return $3.5 bn ‘black’ money
10 Mar 2015
If HSBC clients were forced this year to pay taxes they evaded, the windfall would come at an opportune moment for Argentina's cash-strapped government
Global food prices at 5-year low even as Indians see inflation
10 Mar 2015
Global food prices fell to a near five-year low in February this year on increased supply of key food items and a strong US dollar, according to the UN Food and Agriculture Organisation
Leipzig varsity bars Indian from internship over rape issue
10 Mar 2015
Indian men have earned a bad rap abroad - a professor from the respected Leipzig University in Germany last week denied internship to an Indian student due to the "rape problem in India"
Saudi Arabia overtakes India as world’s top defence importer
09 Mar 2015
Saudi Arabia emerged the world's top importer of defence equipment in 2014, displacing India from the top slot
Juncker calls for EU army to counter Russia
09 Mar 2015
European Commission president Jean-Claude Juncker believes that the creation of a European army will offset the EU’s foreign policy worries in its tussle with the Russian Federation
Indians fishing in Lanka waters can be shot: Wickramas
07 Mar 2015
Sri Lankan PM Ranil Wickremasinghe's statement comes just ahead of Prime Minister Narendra Modi's visit to Colombo
CIA plans major overhaul, creation of computer hacking wing
07 Mar 2015
CIA plans to create a new directorate that will be responsible for accelerating the integration of its digital and cyber capabilities, and delegate more powers to regional centres
SFO launches investigation into Bank of England liquidity auctions
05 Mar 2015
The UK Serious Fraud Office has begun an unprecedented criminal investigation into the Bank of England's emergency lending measures at the height of the credit crisis
ECB to launch €1-trillion bond buying programme on 9 March
05 Mar 2015
The European Central Bank will start repurchasing government bonds next week, aimed at pumping €1-trillion additional cash into the euro zone economy,to boost sagging growth
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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