World economy
Russia irate as Ukraine votes to join NATO
24 Dec 2014
Prime Minister Dmitry Medvedev had warned that Ukraine’s move for NATO membership will turn it into a potential military opponent of Russia and that his country will have to respond to them
Pakistan becomes associate member of CERN
20 Dec 2014
Obama warns proportional response to cyber attacks on Sony
20 Dec 2014
The US President, however, faulted the Hollywood studio for giving in to intimidation by withdrawing `The Interview,’ the satirical movie based on a fictional assassination attempt on North Korean leader Kim Jong Un
Flipkart raises $700 mn in fresh funding; files for Singapore listing
20 Dec 2014
The fresh investments, raised from Baillie Gifford, Greenoaks Capital, Steadview Capital, T Rowe Price Associates, Qatar Investment Authority, DST Global, GIC, ICONIQ Capital and Tiger Global, takes the number of Flipkart investors to over 50
Putin confident of Russian recovery in 2 years; blasts West
19 Dec 2014
While Putin blamed the West for all of Russia’s current woes, his economics minister Alexei Ulyukayev blamed the crisis entirely on the Russian government, or "delayed reforms and everything we did not do"
US exonerates black teen of murder 70 years after his execution
19 Dec 2014
George Stinney Jr, 14, was sent to the electric chair for allegedly battering to death two white girls in 1944
Despite bail, 26/11 mastermind Lakhvi to stay behind bars
19 Dec 2014
Pakistan's anti-terrorism court in Rawalpandi granted bail to 54-year-old Lakhvi, the key conspirator of the Mumbai terror attack, just two days after terrorists butchered 132 children in a dastardly attack on a school in Peshawar
US, Cuba to restore diplomatic ties after 50 years; sanctions eased
18 Dec 2014
Cuba will not yet open the door for broad US tourism on the Caribbean island, nor would Obama's announcement end the US trade embargo that has been in force for more than 50 years
Fed decides to keep rates unchanged for the near term
18 Dec 2014
The US Federal Reserve has advised patience in beginning to normalise its monetary policy stance despite signals of a change in the policy outlook, based on available economic indicators
Peshawar in tears, Pak in mourning after Taliban kills 132 kids
17 Dec 2014
Pakistanis may be used to almost daily militant attacks against the security forces but the outright assault on children in a school stunned the country
Taliban attack on Peshwar school kills 126
16 Dec 2014
At least 126 people were killed and more than 122 were wounded on Tuesday when Taliban gunmen stormed a military high school in Peshawar, taking hundreds of innocent students hostage in the bloodiest insurgent attack in the country
India third as BRICS leads the way in stashing off black money
16 Dec 2014
Independent think-tank Global Financial Integrity has ranked India third globally, with an estimated $94.76 billion (nearly Rs6,00,000 crore) of ‘black’ money outflows in 2012