World economy
Japan’s exports plunge 35 per cent in December
22 Jan 2009
Citigroup senior management decline bonuses
21 Jan 2009
Senior Citigroup executives including CEO Vikram Pandit and chairman Sir Winfried Bischoff decline incentive or retention awards, in the wake of the stress on the bank's fortunes.
Recession-hit Singapore to dip into sovereign wealth funds
21 Jan 2009
Singapore plans to tap into the hundreds of billions of dollars held by the country’s sovereign wealth funds to tackle the deepening recession
Chemicals maker Rohm & Haas to slash 900 jobs
21 Jan 2009
Chemicals maker Rohm & Haas to slash 900 jobs
20 Jan 2009
Hyperinflation forces Zimbabwe to introduce Z$100-trillion currency
20 Jan 2009
Hit by raging hyperinflation, Zimbabwe will soon introduce a new set of notes in denominations of 10 trillion, 20 trillion, 50 trillion and 100 trillion.
Another Indian likely in Obama’s team
20 Jan 2009
China’s 2008 FDI growth up 23.58 per cent, despite last quarter decline
19 Jan 2009
The global slowdown has led to a decline in foreign direct investments into China, which in recent years haas been recording the fastest economic growth.
'Green shoots' of UK recovery: fact or mirage?
By By Jagdeep Worah | 17 Jan 2009
UN forecast adds to economic gloom
17 Jan 2009
A new UN report says the global economy could contract by 0.4 per cent, — the first gloal contraction since the Great Depression of the 1930s. By Jagdeep Worah
European Central Bank cuts key rate by 50 bps to 2.00 per cent
15 Jan 2009
The European Central Bank has announced a cut its key refinancing rate for banks by 50 basis points to 2.00 per cent amidst a deepening recession
UK unveils £20 billion scheme for small firms
15 Jan 2009
Google cuts down on staff and operations
15 Jan 2009
The current economic slowdown is hurting even behemoths like Google,which has been forced to axe a quarter of its recruitment staff.
No end in sight to recession, warns Fed
15 Jan 2009
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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