World economy
China, Russia back India for UN Security Council, APEC
03 Feb 2015
While China has so far been against India playing a greater role in the UN, the joint communiqué for the first time supports India’s entry into the Council
Obama’s $4 trillion budget eyes $270 billion in overseas tax earnings
03 Feb 2015
US President Barack Obama’s $4 trillion budget proposes a 19-per cent tax on US companies’ overseas earnings, which is estimated to bring in about $270 billion annually over the next 10 years
Peshawar mayhem: Pakistan starts arming, training frontier teachers
03 Feb 2015
As a part of the extraordinary security measures clamped in the aftermath of the brazen Taliban assault on Peshawar's Army Public School, teachers with firearm licenses have been allowed to carry guns in the schools
Asian shares retreat on downbeat China data
02 Feb 2015
Russian economy to shrink 3% in 2015: economy minister
02 Feb 2015
Russia, the world’s eighth-largest economy, is likely to contract 3 per cent this year, embracing its first recession since the 2009 global financial crisis on the back of plunging oil revenues and western sanctions
Despite Delhi bonhomie, US clarifies Pak is still a key ally
31 Jan 2015
State Department spokesperson Jen Psakisaid the United States has strong relationships with both Pakistan and India and going forward Washington would continue to have a close strategic partnership with Islamabad
US economic growth slows to 2.6% in Q4 2014
31 Jan 2015
China, the world’s second-largest economy is also slowing down, while Japan and Italy are in recession; German growth has been trimmed to 1 per cent while France posted a mere 0.3-per cent
Estimated social cost of climate change not accurate, Stanford scientists say
By By Ker Than | 30 Jan 2015
The social cost of carbon dioxide emissions may not be $37 per ton, as estimated by a recent US government study, but $220 per ton
UK recovers with 2.6% GDP growth in 2014
28 Jan 2015
The UK economy has recorded its fastest annual growth since 2007 before the onset of the global financial crisis, and is expected to grow 2.7 per cent in 2015
Super Mario strikes, finally
28 Jan 2015
It took him several years to convince the Germans, but Mario Draghi has finally committed the ECB to full blown quantitative easing. Though it's late, the flood of additional liquidity should benefit Europe. By Vivek Sharma
Russia to trim deficit as S&P “junks” its credit rating
27 Jan 2015
With continued western sanctions on some of Russia’s biggest companies over Ukraine amidst falling oil prices, S&P expects Russia's economy to slide into recession this year
Kurdish forces take control of Kobani
27 Jan 2015
An oil price rebound? Not so fast
27 Jan 2015
The real reason for the oil price collapse is probably that the market has now realised that prices were previously propped up on premises that are less valid now. When majority of the market participants accepted that, prices had only one way to go — down. By Shivshanker Verma
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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