World economy
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
IEA cuts global oil demand forecast for 2015
13 Dec 2014
Anticipating weaker than expected exports from Russia and other oil exporters, International Energy Agency has trimmed global oil demand growth projections for the fourth time in five months
UN declares 21 June as 'International Day of Yoga'
12 Dec 2014
One of the two solstices, 21 June is the longest day in the Northern Hemisphere and has special significance in many parts of the world
Russia hikes key interest rate to 10.5% to fight inflation
12 Dec 2014
Russia is struggling to combat inflation caused by plunging oil prices and western sanctions imposed due to the country’s involvement in Ukraine
Latest articles
Featured articles
The $250 billion pivot: how 2026 became the year AI paid the rent
By Cygnus | 18 Feb 2026
2026 marks the shift from AI “promise” to “profitability.” Explore how India’s sovereign compute and Infosys’s revenue metrics are defining a $250B market pivot.
The analog antidote: perception, reality, and the "Windows crisis" narrative
By Cygnus | 17 Feb 2026
Viral claims of a Windows collapse contrast with market data showing a slower shift as enterprises weigh AI, hardware costs, and legacy systems.
The analog antidote: why Americans are trading algorithms for physical media
By Cygnus | 16 Feb 2026
Vinyl, books, and DVDs are seeing renewed interest as Americans seek ownership, focus, and a break from screen fatigue in an increasingly digital world.
China opens market to 53 African nations in zero-tariff pivot
By Cygnus | 16 Feb 2026
China will grant zero-tariff access to 53 African nations from May 2026, reshaping global trade ties and deepening economic links across the Global South.
The deregulation “holy grail”: Trump EPA dismantles the legal bedrock of climate policy
By Cygnus | 13 Feb 2026
The Trump EPA moves to rescind the 2009 Endangerment Finding, reshaping federal climate authority and business risk.
Tokenising the gilt: what the UK’s digital bond pilot could mean for sovereign debt
By Cygnus | 12 Feb 2026
HM Treasury selects HSBC Orion and Ashurst LLP for its Digital Gilt Instrument (DIGIT) pilot. A deep dive into the architecture, legal framework, and the shift toward near real-time settlement.
The silicon-rich AI race: how Cisco’s G300 puts networking at the center of compute
By Cygnus | 11 Feb 2026
Cisco's new Silicon One G300 targets AI data center bottlenecks as networking becomes central to compute performance.
Server CPU Shortages Grip China as AI Boom Strains Intel and AMD Supply Chains
By Cygnus | 06 Feb 2026
Intel and AMD server CPU shortages are hitting China as AI data center demand surges, pushing lead times to six months and driving prices higher.
Budget 2026-27 Seeks Fiscal Balance Amid Rupee Volatility and Industrial Stagnation
By Cygnus | 02 Feb 2026
India's Budget 2026-27 targets fiscal discipline with record capex as markets tumble, the rupee weakens and manufacturing struggles to regain momentum.
