World economy
The Queen is broke; long live the Queen!
07 Jul 2011
The official Buckingham Palace report claimed that as well as postponing projects, the Queen has tried to balance the books with increased revenues from her estate
Syria: A gullible West and the demonisation of Assad
06 Jul 2011
The Western media and governments fail to realise that the rebellion in Syria - one of the most liberal Arab nations - is being largely fomented by foreign-backed extremists whose goal is a far cry from democracy, says veteran TV journalist Waiel Awwad, South Asia bureau chief, Alarabiya News Channel, who has covered several conflicts
Scotch is now ‘Made in Scotland’ only!
05 Jul 2011
India has granted 'geographical indication of origin' status to ‘Scotch Whisky’, a legal protection that formally recognises that as a product ‘Scotch Whiskey' can only be made in Scotland.
Chinese banks could face negative credit outlook: Moody's
05 Jul 2011
China's local government debts may exceed the state auditors' estimates by a $540 billion Moody's Investors Service said today
Hendra virus horse death resurfaces in Australia
02 Jul 2011
Iran may halt crude supplies to India in August
01 Jul 2011
Escalating matters on a payments dispute, Iran has warned India it will stop crude oil supplies from August if a long simmering dispute over payment for crude oil imports was not resolved soon.
UK enacts new anti-graft law; bribe-givers face 10-yr sentence
01 Jul 2011
Even as the Indian government does its best to dilute a proposed anti-graft bill, the UK has put into place a stringent law against bribery
Stunning turnaround in Strauss-Kahn sexual-assault case
01 Jul 2011
Former IMF chief, Dominique Strauss-Kahn, may soon be released from house arrest after New York City prosecutors reveal that there are serious concerns about the credibility of the hotel chambermaid who accused him of sexual assault.
German parliament dumps nuclear energy; shutdown in 2022
01 Jul 2011
Voting overwhelmingly in favour of renewable energy, German lawmakers have approved plans to shut the country's nuclear plants by 2022.
US debt burden on "unsustainable trajectory": IMF
30 Jun 2011
The IMF has warned that the US debt burden is on an "unsustainable trajectory" and cautioned against sharp fiscal corrections in order to protect its fragile economy recovery
Gulf nations top US list of slave trade offenders
By By Jagdeep Worah | 29 Jun 2011
The state department report on human trafficking, prefaced by secretary Hilary Clinton, names Saudi Arabia and North Korea among the worst offenders; with India on the watchlist.
China sign $15-bn deals with Germany
29 Jun 2011
During Chinese Premier Wen Jiabao's visit China and Germany pledge to double their trade by 2015
48-hour strike paralyses Greece ahead of austerity vote
28 Jun 2011
The ongoing European sovereign debt crisis has come to a boil with a 48-hour general strike paralysing Greece on Tuesday ahead of a parliamentary vote on austerity measures the country must adopt to avoid default.
China’s 2010 fiscal deficit at $124 billion
28 Jun 2011
China’s central government expenditures exceeded revenue in 2010, resulting in a fiscal deficit of 800 billion yuan — 50 billion yuan less than the annual budget