World economy
Euro zone finance ministers seal €130-billion Greece bailout
21 Feb 2012
Euro zone finance ministers yesterday sealed a €130-billion bailout for Greece to help the debt-stricken country avert a chaotic default in March
Eurozone finance ministers expected to approve Greek bailout today
20 Feb 2012
Greece is desperately in need of assistance from the EU and the IMF to avoid a default on the repayment of €14.5 billion debt due on 20 March
Iran stops crude sale to British and French companies
20 Feb 2012
Iran has stopped sale of crude to British and French companies, the Iranian oil ministry said yesterday. The move comes as a retaliation against fresh EU sanctions
MI5 files reveal Nazi counterfeiting of British currency
18 Feb 2012
According to Bank of England historian John Keyword, by 1944 the authorities in Britain were so alarmed at the impact of the fake note that all notes with a face value of £10 or more had to be recalled
German president Christian Wulff resigns over corruption scandal
17 Feb 2012
Amidst growing scrutiny of his financial affairs, including vacations at the homes of business people, prosecutors in Lower Saxony have now sought parliament’s nod to prosecute German President Christian Wulff
US mortgage meltdown scenario improves
17 Feb 2012
Claimants for jobless benefits drops in the US
17 Feb 2012
US lags India, China and Brazil in R&D growth: Pentagon study
16 Feb 2012
The US lags behind India, China and Brazil in rate of growth in research and development indicators, according to a Pentagon report
Mumbai, Delhi among world’s cheapest cities
16 Feb 2012
Defiant Iran raises the nuclear ante
15 Feb 2012
Iran also welcomed the readiness of the P5+1 group to return to negotiations in order to take fundamental steps toward further cooperation.
Gulf region of immense importance to Indian foreign policy: Antony
14 Feb 2012
The Gulf held immense importance in Indian foreign policy, with over 6 million Indians working in the region, according to defence minister A K Antony who is on a visit to the region
UK warned of possible rating downgrade: Moody's
14 Feb 2012
EU welcomes Greek austerity measures
14 Feb 2012
Pak SC indicts Gilani; may face jail term
13 Feb 2012
If convicted, Pakistan’s longest-serving prime minister after four years in power, Yousuf Raza Gilani, could be stripped of his office and jailed, triggering renewed political turmoil
Iran set to report its N-progress
11 Feb 2012
US asks TransCanada if Keystone X oil pipeline is using Indian steel
11 Feb 2012
TransCanada had earlier asserted that the Keystone XL pipeline would create 7,000 manufacturing jobs in the US
US asks TransCanada if Keystone X oil pipeline is using Indian steel
11 Feb 2012
TransCanada had earlier asserted that the Keystone XL pipeline would create 7,000 manufacturing jobs in the US