World economy
White House transition to Joe Biden starts as President Trump relents
24 Nov 2020
Trump said in a tweet on Monday that he was directing his team to cooperate on the transition, allowing federal funds to start flowing to Biden so that he can carry out his transition duties before his 20 January inauguration as the 46th US president
G20 strikes historic debt pact to help Covid-hit poorer countries
20 Nov 2020
A meeting of G20 finance ministers and central bank governors on Friday endorsed a common framework for debt treatment beyond debt relief and agreed to continue to focus on supporting vulnerable countries in their fight against the Covid-19 pandemic
Seven dead, several seriously wounded as terror strikes Vienna
04 Nov 2020
The location of the initial shooting was close to Vienna’s Stadttempel synagogue, but the synagogue and office buildings were closed at the time of the attack
President Trump and wife Melania test positive for Covi
02 Oct 2020
President Trump has joined a growing list of world leaders who have been infected with the virus, along with more than 10 million people globally
After UAE, Bahrain normalising ties with Israel
14 Sep 2020
Japan's PM Shinzo Abe resigns over failing health
31 Aug 2020
Abe, Japan’s longest-serving premier, said he won’t allow his illness to get in the way of decision making, and apologised to the Japanese people for failing to complete his term in office
Lack of human capital holding back Latin America’s growth: IMF report
24 Aug 2020
Investment alone will not ensure growth in incomes as human capital is an important factor in realising the benefits of investment, and this could explain lack of GDP growth in much of Latin America, according to a new report prepared by IMF staff
Israel, UAE sign historic peace deal
14 Aug 2020
Israel will suspend applying sovereignty to areas in the West Bank and also give Muslims greater access to the Al-Aqsa Mosque in the Old City of Jerusalem by allowing them to fly from Abu Dhabi to Tel Aviv, under the Trump-brokered peace deal
China reports $63 billion trade surplus in July
10 Aug 2020
Bytedance’s lip-syncing app TikTok claims $50 bn-plus valuation
03 Aug 2020
Recent reports suggest that TikTok’s current valuation has, in fact, fallen to around 50 billion against its earlier valuation of over $100 billion
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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