World economy
Brazil’s GDP expands 7.5 per cent in 2010; becomes the world’s 7th largest economy
05 Mar 2011
The world’s fifth-largest nation recorded a 7.5-per cent annual GDP growth in 2010, becoming the world’s seventh-largest economy
China secures massive deliveries of Turkmen gas for the future
04 Mar 2011
China will boost its future annual natural gas purchases from Turkmenistan to 60 billion cubic meters, equivalent to more than half its entire natural gas consumption last year.
Bernanke warns against US budget-cutting on education and training
03 Mar 2011
Research increasingly has shown the benefits of early childhood education and efforts to promote the lifelong acquisition of skills for both individuals and the economy as a whole
Yunus removed as Bangladesh Grameen Bank MD
02 Mar 2011
Grameen Bank said Yunus was staying on while its government-appointed chairman said the order has been implemented
India-ASEAN target $70bn bilateral trade by 2012
02 Mar 2011
India and the 10-nation ASEAN bloc have stated their aim to increase bilateral trade to a whopping $70 billion, a boost of 40 per cent, by 2012.
India extends $50 million loan to Zambia
01 Mar 2011
India’s Africa connect moves apace
01 Mar 2011
India seems intent on making up for lost time in Africa, announcing a spate of agreements with nations on the continent
UK aid to India under scrutiny
01 Mar 2011
The United Kingdom government will today outline plans which will stop direct development aid to 16 countries and freeze the level of assistance being provided to India
China holds far more US debt than previously estimated
01 Mar 2011
The United States of America is far more indebted to China than originally thought after a major upward revision by the US Treasury Department.
Unrest won’t put skids on oil supply: Qatar
28 Feb 2011
Quashing fears of supply disruption from Libya, where revolt against President Gaddafi has virtually halted exports, Qatar energy minister Mohammed Saleh al-Sada says that OPEC and non-OPEC oil producers have plenty of oil available and there was no reason for nervousness in the market
Trade accelerated in fourth quarter of 2010: OECD
24 Feb 2011
Chinese imports, however, far exceeded its exports, reducing the country's quarterly trade surplus by $17 billion to $41 billion.
Rising oil prices threaten US recovery
24 Feb 2011
A sustained and significant rise in oil prices due to the turmoil in the oil-producing Arab nations could derail the recovery process by fuelling inflation and putting the brakes on spending
Rattled Saudi king announces social sops
24 Feb 2011
Clearly, the king is worried about the anti-regime uprisings that have rocked the region.
India to be world's largest economy by 2050: Citi report
23 Feb 2011
Through sustained growth India is expected to overhaul both the United States and China to become the world's largest economy by 2050, says a Citi report.
Oil prices rise higher on Libyan supply concerns
23 Feb 2011
Oil on the boil again as unrest spreads to Libya
22 Feb 2011
Oil is at a two-year peak as violence intensified in Libya, stoking concerns over disruption of crude supplies with the unrest escalating around the Middle East and North Africa
Eurozone records strongest growth in 5 years: survey
22 Feb 2011
The eurozone economy registered its highest growth in almost 5 years in February 2011, according to the latest survey by Markit, a leading market intelligence provider
Calls for democracy, freedom rattle China
21 Feb 2011
The ripple effect of the popular revolt that toppled the regime of president Zine El Abdine Ben Ali in Tunisia, was felt in China yesterday with disturbances reported in 13 cities across the country
BRIC adds South Africa to form BRICS
19 Feb 2011
India seeks G-20 consensus on financial policy initiatives
19 Feb 2011
'There is no policy mould that could be used to shape country-specific policies in a manner that one size would fit all'