World economy
President Trump approves proposed $14.1 bn merger of US Steel with Nippon Steel
By Unnikrishnan | 16 Jun 2025
President Trump on Friday signed an executive order approving the proposed merger of United States Steel Corporation with Japan’s Nippon Steel Corporation
Micron offers fresh $200 billion investment in US chip manufacturing to support the Trump initiative
By Unnikrishnan | 13 Jun 2025
Micron Technology, Inc, is embarking on a second round of expansion in the United States, with planned investment of $200 billion in the development and manufacture of advanced memory chips.
World Bank lowers global growth forecast to 2.3%, keeps India’s growth rate at 6.3%
By Unnikrishnan | 11 Jun 2025
World Bank cuts global growth forecast to 2.3% for 2025, flags trade barriers and policy risks; India’s growth steady at 6.3% amid global slowdown.
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Trump announces $200 billion in UAE deals, deepens U.S.-Gulf AI cooperation
16 May 2025
President Donald Trump announced more than $200 billion in business agreements with the United Arab Emirates (UAE) during a high-stakes visit to Abu Dhabi
IBM to invest $150 billion in U.S. technology and manufacturing over five years
28 Apr 2025
IBM is making a major bet on America's tech future. The company announced plans on Monday to invest $150 billion across the United States over the next five years
China unveils steel-making technology that is 3,600 times faster and coal-free: report
24 Apr 2025
China is reported to have developed a groundbreaking technology for steel production that is 3,600 times faster and does not involve the use of coal
IMF lowers India’s FY26 growth projection to 6.2% amidst global trade woes
24 Apr 2025
The Indian economy is expected to grow at a slower pace of 6.2 per cent in the current financial year (April 2025-March 2026), against the earlier estimate of a 6.5 per cent growth, latest projections
Tit for Tat: China slaps 125% duty on imports from US
12 Apr 2025
China on Friday announced a hike in import duty on US goods and services from 84 per cent to 125 per cent, effective Saturday (12 April 2025), after US President Donald Trump
Trump signs orders to revive U.S. coal industry amid rising energy demand
09 Apr 2025
In a move that underscores his commitment to traditional energy sectors, former President Donald Trump signed a series of executive orders Tuesday aimed at reviving the U.S. coal industry
China seeks compensation from Taiwan after navy ship collides with fishing trawler
By Cygnus | 04 Apr 2025
China has demanded compensation from Taiwan after a Taiwanese navy landing ship collided with a Chinese fishing trawler outside restricted waters last week.
ECB cuts rates by 25 bps, leaves little space for further cuts
10 Mar 2025
The European Central Bank (ECB) on Thursday announced a 25 basis point reduction in key policy interest rates, on the basis of inflation outlook in the Euro zone
Ukraine's mineral deal dead as Trump shows Zelenskyy the door after shout-out
02 Mar 2025
A billion-dollar meeting on a minerals-for-arms deal between US president Donald Trump and Ukrainian President Vladimir Zelenskyy at the White House’s Oval Office
Trump vows 25% tax on Canadian, Mexican goods, additional 10% on Chinese goods
28 Feb 2025
US President Donald Trump said on Thursday that he would move ahead with the proposed 25 per cent tax on all imports from Canada and Mexico beginning 4 March 2025
Ukraine announces minerals-for-arms deal with US
27 Feb 2025
Ukraine on Wednesday announced that it has reached a framework agreement with the United States on joint exploitation of its natural resources in return for arms to fight warring Russians.
Conservatives win as Germans vote for change
24 Feb 2025
A Conservative bloc led by Friedrich Merz of the Christian Democratic Union (CDU) and the CSU has won German Federal Election
Japanese PM Ishiba, Trump concur on keeping US Steel American
09 Feb 2025
Japanese Prime Minister Shigeru Ishiba and US President Donald Trump have agreed that US Steel Corporation will remain American
Trump, Zelenskyy mull arms for minerals deal: report
09 Feb 2025
Ukraine’s President Volodymyr Zelenskyy is reported to be open for a deal with US President Donald Trump that would allow the United States to exploit rare minerals in Ukraine
US Fed keeps policy rates unchanged, for now
30 Jan 2025
The US Federal Reserve has decided to keep its policy rates unchanged, as the central bank saw no need for an immediate reduction in interest rates.
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Trump takes US out of climate pact, WHO as he takes oath as 47th US President
21 Jan 2025
Donald Trump took oath as the 47th president of the United States on Tuesday, vowing to deport millions of illegal immigrants
As costs of saying final goodbyes rise UK families resort to crowdfunding to pay for funerals
By Axel Miller | 16 Jan 2025
The cost of saying a final goodbye to loved ones in the UK has reached a grim new high, leaving families grappling with unexpected financial burdens.
Oil edges upward, but ambiguity over sanctions restrains momentum
15 Jan 2025
Oil prices rose on Wednesday, reversing a part of an earlier session’s decline. The reason – apprehensions over potential disruptions tied to sanctions on Russian oil tankers
Biden administration delays enforcement of order blocking Nippon Steel and U.S. Steel deal
By Axel Miller | 13 Jan 2025
The Biden administration has delayed enforcing its order for Nippon Steel to abandon its $14.9 billion bid for U.S. Steel until June
Supreme Court leaning toward supporting TikTok ban in the U.S. amid national security concerns
By Axel Miller | 11 Jan 2025
The United States Supreme Court signaled on Friday that it may uphold a controversial law mandating a ban or a forced sale of the popular short-video app TikTok by 19th January 2025.
At least 10 dead, as California wildfires burn down thousands of homes and over 17,500 hectares of forest
10 Jan 2025
Raging wildfires, the worst to hit Los Angeles, California devoured 13,750 hectares of forest, burned down about 10,000 homes and other structures
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European business leaders criticize U.S. protectionism under Trump administration
By Axel Miller | 09 Jan 2025
European business leaders, including Airbus CEO Guillaume Faury, have expressed concerns about the rise in U.S. protectionist policies during the administration of former President Donald Trump
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Featured articles
Hariman Sharma lets apple travel to India’s warmer climes
10 Feb 2025
Apple, which was the preserve of the cooler Himalayan region in India, is now everywhere – in the East, the West and the South - thanks to one enterprising Himachal farmer, Hariman Sharma.
The cost of neglecting water transport
03 Feb 2025
Inland water transport is widely recognised as a cheaper and environment friendly mode of transport and, as per a report prepared by RITES
Crypto Currencies Trying To Undermine Global Financial System
27 Jan 2025
US President Donald Trump, it seems, is the latest to join the frenzy for personal or corporate currency, with $TRUMP, or what they call a meme coin, giving a further boost to his crypto image.
As costs of saying final goodbyes rise UK families resort to crowdfunding to pay for funerals
By Axel Miller | 16 Jan 2025
The cost of saying a final goodbye to loved ones in the UK has reached a grim new high, leaving families grappling with unexpected financial burdens.
The life and times of Manmohan Singh, former Prime Minister of India
By Cygnus | 28 Dec 2024
On 27th December 2024 India and the world lost one of their finest statespersons in a hundred years. Manmohan Singh, born on 26th September 1932, in Gah, Punjab (now in Pakistan)
The remarkable Ratan Tata
By Kiron Kasbekar | 23 Oct 2024
One newspaper report of Ratan Tata’s passing away showed an old photo of him climbing into the cockpit of a Lockheed Martin F-16 fighter.
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
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