World economy
Sanctions on Russia likely on Monday as G-7 agrees to ‘move swiftly’
26 Apr 2014
The leaders of the Group of Seven major economies have agreed to “move swiftly” to impose further sanctions on Russia over the Ukraine crisis
US weighing penal action against India over drug IP issue
21 Apr 2014
US drug majors are upset with India's patent law, which refuses to grant patents for incremental innovations
Shell's Sakhalin-2 project expansion gets Putin's support
19 Apr 2014
Russian president, Vladimir Putin yesterday promised support to Shell chief executive officer Ben van Beurden’s plan to expand the Sakhalin-2 oil and gas project in Russia’s Far East, at a meeting at his residence near Moscow
Lesson to India: China admits nearly 20% of farmland polluted
19 Apr 2014
About 16.1 per cent of soil and 19.4 per cent of farmland in mainland China is polluted, according to an official government report released this week.
Chinese real estate hit by slowest growth in six quarters
16 Apr 2014
The weakest first-quarter property-investment growth since 2009 indicates tight credit and faltering demand adding to economic and default danger
Global poverty could be up to a third higher than reported
15 Apr 2014
New research suggests that global poverty figures could be underestimated by up to a third
How widespread is tax evasion?
12 Apr 2014
Every 1 per cent increase in the top US tax rate leads to an increase of 2.1 per cent to 2.8 per cent in foreign portfolio investment (FPI) from tax havens by Peter Dizikes
RBI chief Rajan calls for global ‘safety-net’ fund
11 Apr 2014
RBI governor Raghuram Rajan says a global safety net would be a good policy that could help limit the need to build up reserves, offering little credit risk against extreme balance sheet policies of countries
Asian shares higher despite weak China data
10 Apr 2014
Another Ukraine province goes the Crimea way
07 Apr 2014
Pro-Russian protesters in Eastern Ukraine seized weapons and government offices in three eastern cities with activists in Donetsk proclaiming a sovereign `People's Republic of Donetsk’
700 Indian firms in the UK employ over 1,00,000: study
04 Apr 2014
Indian entrepreneurs are playing an increasing role in the growth of the British economy, creating employment and growth
European Central Bank keeps key interest rates unchanged
03 Apr 2014
The European Central Bank (ECB) has kept its benchmark interest rate at a record low of 0.25 per cent despite a general easing of euro zone inflation rate to 0.5 per cent
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