World economy
A global depression? Not yet
21 Oct 2008
The global economy is definitely headed for its worst downturn in decades and this phase may last a while. But, based on the evidence so far, the global economy may not be headed for a depression. By Vivek Sharma
Unemployment in UK to reach 2 million by Christmas
20 Oct 2008
After the global adulation for its bank bailout package, recession-hit Britain is gearing up to fight unemployment, which has hit all sectors of the economy.
G7 nations fail to put their acts together
11 Oct 2008
The G7 has vowed to work together to end the global financial crisis using all the tools at its disposal, but stopped short of any concrete action
GE 3Q results cheer markets despite meltdown
11 Oct 2008
Iceland headed for bankruptcy; PM seeks $5.44-billion Russian loan
08 Oct 2008
Iceland, a NATO memeber has turned down the IMF in favour of an emergency Russian loan, the size of which is almost a third of its GDP.
Fed plans direct lending to corporates
07 Oct 2008
The US Federal Reserve will buy commercial paper from companies in a coordinated plan with the US treasury department to jump-start the financial system.
India raps IMF for 'ignoring' global financial crisis
07 Oct 2008
Indian ambassador to the UN Nirpam Sen today attacked IMF and other UN bodies for ignoring the plight of the poor wrought by the global econiomic crisis
India invited to join G-8 economic summit
07 Oct 2008
The US loses 1,59,000 jobs, signalling recession
06 Oct 2008
The number of jobs lost in the US doubled to 159,000 in September amidst fears that the worst is yet to follow.
France in recession, economy shrinking
03 Oct 2008
After Ireland, France has entered a recessionary phase. Its GDP shrank by 0.3 per cent in the second quarter and by an estimated 0.1 per cent in the third and fourth quarters of 2008
China compels foreign companies to allow unions
12 Sep 2008
US trade deficit widens to $62.2 billion in July
11 Sep 2008
Has the US economy staved off a recession?
05 Sep 2008
Despite the thick clouds of pessimism surrounding it, the US economy continues to do surprisingly well in terms of aggregate growth. What is driving the world’s largest economy and can this growth sustain? By Vivek Sharma
Venezuela to nationalise fuel distribution
04 Sep 2008
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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