World economy
Israel, Jordan in historic gas deal
04 Apr 2015
Tehran achieves deal with US-led powers to end sanctions
04 Apr 2015
The marathon talks between the US-led ‘P5+1’ and Iran on curtailing its nuclear programme have achieved a breakthrough, with Tehran making several concessions
Iraq declares ‘magnificent victory’ over IS rebels in Tikrit
02 Apr 2015
Iraq declared a "magnificent victory" on Wednesday over the Islamic State group in Tikrit, a key step in driving the militants out of their biggest strongholds
Proposed highway could link the UK to the US by road
28 Mar 2015
The proposal to build a highway from Britain to Alaska is mainly envisaged by Russia, which hopes the route will lead to economic development of the regions it covers
Fed chief Yellen sees likely rate hike starting this year
28 Mar 2015
The Fed, which has held short-term borrowing costs near zero since December 2008, is likely to increase borrowing costs for the first time since 2006
EU to launch probe into e-commerce to remove competition barriers
27 Mar 2015
At a press conference in Berlin, the European Commission commissioner seemed to point finger at the likes of e-commerce giants Amazon, Netflix and others that may limit deals or content depending on where the consumer is located
Gulf allies launch air strikes in Yemen; US stays aloof
26 Mar 2015
Saudi Arabia and its Gulf region allies from the GCC launched military operations including air strikes in Yemen, and threatened ground troops against rebels in that country
Canada to build world’s largest ozonation waste-water treatment centre
25 Mar 2015
Canada’s second-biggest city Montreal is going ahead with its plan to construct the world’s largest ozonation waste water treatment centre
Israel must end Palestine occupation, says top Obama aide
24 Mar 2015
The United States expects the next Israeli government to end nearly 50 years of occupation and clear the way for a Palestinian state
Jordan to sign $10-bn nuclear deal with Russia
24 Mar 2015
Jordan has become the third Arab nation planning to use nuclear energy for peaceful purposes followed by the UAE and Egypt
World Bank, IMF welcome China’s AIIB plan
23 Mar 2015
Allaying fears that the new bank will be a competitor to the World Bank, the IMF or existing regional development banks, World Bank managing director Mulyani Indrawati says that the global need of infrastructure is huge and the market is large enough
World Bank, IMF welcome China’s AIIB plan
23 Mar 2015
Allaying fears that the new bank will be a competitor to the World Bank, the IMF or existing regional development banks, World Bank managing director Mulyani Indrawati says that the global need of infrastructure is huge and the market is large enough
The world may face 40 % water shortfall by 2030: UN report
21 Mar 2015
The United Nations (UN) has warned that the world will suffer a 40-per cent shortfall of potable water in 15 years unless people and nations dramatically change the way they use water
Beijing paper blasts Modi govt’s ‘regional ambitions’
21 Mar 2015
India is determined to gain a dominant position in the Indian Ocean region by enhancing military and security cooperation in the area, a leading English daily in Beijing said today following Prime Minister Narendra Modi's visit to Seychelles, Mauritius and Sri Lanka
California prepares $1-bn package for drought relief
19 Mar 2015
With the US state facing one of its worst droughts and no relief in sight from the weather, the government is resorting to water rationing while finalising a relief plan
Fed delays rate hike amidst an economic downturn
19 Mar 2015
While slashing its inflation outlook for 2015 and reducing expected U economic growth, the Fed indicated it prefers a more gradual path to normalizing interest rates
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Featured articles
The remarkable Ratan Tata
By Kiron Kasbekar | 23 Oct 2024
One newspaper report of Ratan Tata’s passing away showed an old photo of him climbing into the cockpit of a Lockheed Martin F-16 fighter.
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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