World economy
OECD cuts global growth forecast to 2.7% from 3.1%
20 Nov 2013
The report projects India’s economy expanding 3.4 per cent this year and 5.1 per cent in 2014, down from 5.7 per cent and 6.6 per cent previously
UN warns of dire consequences of coal use
19 Nov 2013
The world’s remaining coal deposits must stay in the ground if greenhouse gas emissions are to be held in check, a top UN official says
Bitcoin to make first case to US Congress
18 Nov 2013
India may soon overtake US in number of internet users
18 Nov 2013
Online shopping does not appear to be popular outside the big cities, since Indians use the net mainly for communications and entertainment, with social media a close third
Pakistan to put Musharraf on trial for high treason
18 Nov 2013
Prime Minister Nawaz Sharif’s government has announced that it will put Pakistan’s former military ruler Pervez Musharraf on trial for high treason for suspending the constitution while in power
Obama thanks Lakshmi Mittal for US investment
16 Nov 2013
ArcelorMittal steel works in Cleveland, Ohio, which suspended operations a few years ago, made a strong bounce back, bringing back all the workers and hiring 150 more over the last four years
BNP Paribas to buy the Belgium’s 25% stake in BNP Paribas Fortis for $4.36 bn
14 Nov 2013
Fortis Bank Belgium (now BNP Paribas Fortis) was bailed out by the Belgian and Dutch governments, in September 2008, at the height of the global financial crisis
China issues red alert as Typhoon Haiyan claims 10,000 lives
11 Nov 2013
Typhoon Haiyan, the devastating storm that hit the Philippines on Friday, may have killed more than 10,000 people in the central part of the Philippines
Emerging markets picked up in October: Survey
08 Nov 2013
Asia adds most to global billionaire list of 2,170
07 Nov 2013
The combined net worth of the global billionaire population at $6.5 trillion in 2013, is enough to fund the US budget deficit until 2024