In the news
![Always pressure on RBI for rate cuts, suggests Subbarao Always pressure on RBI for rate cuts, suggests Subbarao](/people/in_the_news/images/d_subbarao_july_sm_domain-b.jpg)
Always pressure on RBI for rate cuts, suggests Subbarao
15 Jul 2016
In a book that reveals the often stormy relations between him and the government, former RBI governor D Subbarao portrays himself as one not afraid to stand up to pressure on policy rate cuts and other issues
![UK surprise: PM May makes Boris Johnson foreign minister UK surprise: PM May makes Boris Johnson foreign minister](/economy/worldeconomy/images/theresa_may_and_boris_johnson_sm_domain-b.jpg)
UK surprise: PM May makes Boris Johnson foreign minister
14 Jul 2016
Britain’s new Prime Minister Theresa May surprised everyone by naming key Brexiteer Boris Johnson as foreign secretary, while also unceremoniously sacking Chancellor George Osborne and replacing him with Philip Hammond
![Bernie Sanders finally comes out in support of Clinton Bernie Sanders finally comes out in support of Clinton](/people/in_the_news/images/bernie_hillary_sm_domain-b.jpg)
Bernie Sanders finally comes out in support of Clinton
13 Jul 2016
Bernie Sanders' endorsement, five weeks after Hillary Clinton became the presumptive Democratic presidential nominee, brought the most prominent holdout in the party's liberal wing into her camp
![Last woman standing: Theresa May to be UK’s next PM Last woman standing: Theresa May to be UK’s next PM](/people/in_the_news/images/home_Secretary_sm_domain-b.jpg)
Last woman standing: Theresa May to be UK’s next PM
12 Jul 2016
Theresa May is set to take over from David Cameron as prime minister after her only rival Adrea Leadsom pulled out, which means that all the key Brexit campaigners are now out of frontline politics
![Pakistan’s ‘Father Teresa’ Abdul Sattar Edhi dead Pakistan’s ‘Father Teresa’ Abdul Sattar Edhi dead](/people/in_the_news/images/abdul_sattar_edhi_sm_domain-b.jpg)
Pakistan’s ‘Father Teresa’ Abdul Sattar Edhi dead
12 Jul 2016
Although offered generously, Abdul Sattar Edhi never accepted financial assistance from any government in the world or donor agencies like UN, US AID or the World Bank
![Capt Radhika Menon is first woman to receive IMO Award for Exceptional Bravery at Sea Capt Radhika Menon is first woman to receive IMO Award for Exceptional Bravery at Sea](/people/in_the_news/images/radhika_menon_sm_domain-b.jpg)
Capt Radhika Menon is first woman to receive IMO Award for Exceptional Bravery at Sea
11 Jul 2016
The first woman to receive the IMO Award for Exceptional Bravery at Sea, Captain Radhika Menon is also the first woman captain in the Indian Merchant Navy
![HDFC Bank's Aditya Puri named best banking CEO in Asia HDFC Bank's Aditya Puri named best banking CEO in Asia](/people/in_the_news/images/aditya_puri_sm_domain-b.jpg)
HDFC Bank's Aditya Puri named best banking CEO in Asia
11 Jul 2016
Aditya Puri, chief executive and managing director of India’s second-largest private sector lender HDFC Bank, has been named the best banking CEO in Asia
![Goldman Sachs hires former EC president Barroso as non-executive chairman Goldman Sachs hires former EC president Barroso as non-executive chairman](/finance/banks/goldman_sachs/images/Jose_Manuel_sm_domain-b.jpg)
Goldman Sachs hires former EC president Barroso as non-executive chairman
09 Jul 2016
Goldman Sachs and other US investment banks are seen to the especially vulnerable to Brexit as they had relied on the EU's "passporting" regime that allowed them to offer services across the bloc with most of the staff and operations based in the UK
Sanjay Gupta named CMD of Konkan Railway
09 Jul 2016
![Blair less than contrite after adverse report on Iraq war Blair less than contrite after adverse report on Iraq war](/people/in_the_news/images/tony_blair_sm_domain-b.jpg)
Blair less than contrite after adverse report on Iraq war
07 Jul 2016
Tony Blair, the former prime minister who led Britain into war in Iraq in 2003, launched a defence of his legacy following the publication of the highly critical Chilcot report into the war
![UK political turmoil deepens as UKIP’s Farage quits UK political turmoil deepens as UKIP’s Farage quits](/economy/worldeconomy/images/nigel_farage_sm_domain-b.jpg)
UK political turmoil deepens as UKIP’s Farage quits
05 Jul 2016
Nigel Farage, leader of the UK Independence Party and a key Brexit campaigner, said he was stepping down even as Labour ousted its leader Jeremy Corbyn and the leadership of the Conservatives remained wide open
![Boris Johnson out of UK PM race as Gove steps in Boris Johnson out of UK PM race as Gove steps in](/people/in_the_news/images/Boris_Johnson_july_sm_domain-b.jpg)
Boris Johnson out of UK PM race as Gove steps in
01 Jul 2016
While there are some dark horses, the race for leadership of the British Conservative Party, and the prime minister’s post, now seems mainly between Michael Gove and Theresa May
Featured articles
![](/Uploads/Images/thumb_733d509d-493c-41e9-b429-1260d912bb91-Aerogel-Crayon.jpg)
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!
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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.
![](/Uploads/Images/thumb_97943c9b-6e8f-429b-b355-1d4502bac437-Ponzi-Money.jpg)
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.
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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
![](/Uploads/Images/thumb_dc6b9dcc-e31e-4574-82e7-928e089406e0-Finger_millet.jpg)
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
![](/Uploads/Images/thumb_e37827da-fafd-4991-8635-60fade3df34c-ICM.jpg)
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
Business History Videos
![](https://businesshistory.domain-b.com/Uploads/Videos/Images/thumb_61209e69-fdfb-493a-add7-afc253731af7-YouTube-thumbnail-Hovercraf.jpg)
History of hovercraft Part 3...
By Kiron Kasbekar | Presenter: Kiron Kasbekar
![](https://businesshistory.domain-b.com/Uploads/Videos/Images/thumb_f5cfed27-cd8d-4644-9c6b-d1f3f64fb558-YouTube-thumbnail-Hovercraf.jpg)
History of hovercraft Part 2...
By Kiron Kasbekar | Presenter: Kiron Kasbekar
![](https://businesshistory.domain-b.com/Uploads/Videos/Images/thumb_1510a271-632f-46ba-846b-a761ccffe903-History-of-Hovercraft.jpg)
History of Hovercraft Part 1...
By Kiron Kasbekar | Presenter: Kiron Kasbekar
![](https://businesshistory.domain-b.com/Uploads/Videos/Images/thumb_b54c323b-99c2-47ed-9df1-06452504c83a-YouTube-thumbnail-Indian-tr.jpg)