World economy

Mega-drought lasting 35 years to hit US, warn scientists

Mega-drought lasting 35 years to hit US, warn scientists

13 Feb 2015

Currently the western United States has been experiencing a drought for about 11 of the past 14 years,  with the dry areas spanning California, Nevada, New Mexico, Arizona, Texas and Oklahoma and other parts of the region that directly affects more than 64 million people

Alabama cop held for assaulting 57-year-old Indian man

Alabama cop held for assaulting 57-year-old Indian man

13 Feb 2015

The police chief apologised to victim Sureshbhai Patel, who was wrongfully assaulted by two police officers without any provocation just because he did not know English

UK tax authority to expand investigation into HSBC Swiss tax accounts

12 Feb 2015

Obama seeks Congress nod to escalate fight against ISIS

Obama seeks Congress nod to escalate fight against ISIS

12 Feb 2015

The formal request eases criticism of Obama's failure to seek abacking of Congress, where some accused him of breaching his constitutional authority

Operationalise Global Infrastructure Hub, India tells G-20

11 Feb 2015

Girls lead boys in academic achievement globally

Girls lead boys in academic achievement globally

11 Feb 2015

Girls outperform boys in educational achievement in 70 per cent of the countries researchers from University of Missouri and the University of Glasgow studied

NHS scandal: whistleblowers face threats, finds official report

11 Feb 2015

US, UK, others close Yemen embassies amid Houthi takeover

11 Feb 2015

Chinese expert rules out quick border settlement with India

Chinese expert rules out quick border settlement with India

11 Feb 2015

A Chinese strategic expert on Tuesday aid that China will not make many concessions, and a "breakthrough" in relations would be impossible without concessions from India in Arunachal Pradesh

China, Pakistan assume role in Afghanistan as US exits

China, Pakistan assume role in Afghanistan as US exits

10 Feb 2015

China, like the US, also cannot hope to secure peace in Afghanistan without the support of Pakistan and, more specifically, its Taliban elements

Hong Kong’s central banks warns against investing in virtual currencies

10 Feb 2015

The abrupt closure of MyCoin makes it the biggest virtual currency scandal after last year's bankruptcy at Tokyo-based Mt.Gox

Black money: HSBC admits ‘failures’ by its Swiss arm

Black money: HSBC admits ‘failures’ by its Swiss arm

09 Feb 2015

Reports said the clients of HSBC’s Swiss unit included politicians, actors, rock stars and individuals with ties to arms dealers and dealers of ‘blood diamonds’ or ‘conflict diamonds’

HSBC helped UK’s rich to dodge tax: report

HSBC helped UK’s rich to dodge tax: report

09 Feb 2015

Investigations by the UK tax office HMRC have helped recover some £135 million in unpaid tax, interest and penalties from the UK citizens involved, say reports

Ayatollah Khamenei backs President Rouhani on nuclear talks

09 Feb 2015

Kerry rules out further extension of nuclear talks with Iran

09 Feb 2015

China blasts Obama, US for officially hosting Dalai Lama

China blasts Obama, US for officially hosting Dalai Lama

06 Feb 2015

China today cautioned foreign countries against hosting the Dalai Lama, a day after US President Barack Obama and the exiled Tibetan spiritual leader appeared together in public for the first time

Kashmir is ‘jugular vein’ of Pakistan, says PM Nawaz Sharif

06 Feb 2015

Modi pushes ‘Make in India’ at meet with French minister Fabius

06 Feb 2015

Global cancer cases to rise 70% in next 20 years: WHO

Global cancer cases to rise 70% in next 20 years: WHO

05 Feb 2015

World Health Organisation says 14 million new cancer cases are detected  and over eight million people die from cancer annually, with 60 per cent of these deaths in Africa, Asia, Central and South America

Global cancer cases to rise 70% in next 20 years: WHO

Global cancer cases to rise 70% in next 20 years: WHO

05 Feb 2015

World Health Organisation says 14 million new cancer cases are detected  and over eight million people die from cancer annually, with 60 per cent of these deaths in Africa, Asia, Central and South America

Sony Corp projects lower full year loss at $1.4 bn

05 Feb 2015

India displaces Russia as third in number of billionaires

04 Feb 2015

India has ‘fundamental’ role in Asia-Pacific security, growth: US

04 Feb 2015

China, Russia back India for UN Security Council, APEC

China, Russia back India for UN Security Council, APEC

03 Feb 2015

While China has so far been against India playing a greater role in the UN, the joint communiqué for the first time supports India’s entry into the Council

Obama’s $4 trillion budget eyes $270 billion in overseas tax earnings

Obama’s $4 trillion budget eyes $270 billion in overseas tax earnings

03 Feb 2015

US President Barack Obama’s $4 trillion budget proposes a 19-per cent tax on US companies’ overseas earnings, which is estimated to bring in about $270 billion annually over the next 10 years

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