World economy

Indian student enrolment in Australia to drop 80-95 per cent for 2011

14 Oct 2010

A deeply negative perception of Australia has drastically impacted enrolment of Indian students at Australian universities for 2011 and the numbers may go down by anything between 80-95 per cent.

Germany warns China’s currency manipulation will turn into trade war

13 Oct 2010

Chile erupts in tearful fiesta as miners' rescue begins

13 Oct 2010

The rescue operation, involving millions of dollars and specialists from NASA and drilling experts from a dozen or so countries, is still in a very precarious phase.

UK austerity measures to hit private sector jobs: PwC study

13 Oct 2010

India sweeps into UN Security Council

13 Oct 2010

India not only joins the hallowed panel of the United Nations Security Council after a gap of 19 years but makes it evident that its candidacy for a permanent seat is perhaps the most formidable amongst the competing G4 nations.

Construction slowdown forces closure of Tata Steel's Welsh plant

13 Oct 2010

Global shift in foreign exchange reserve holdings

12 Oct 2010

With the US and European economies struggling to keep their heads above water central bank policy makers around the world are looking to diversify into the currencies of developing nations.

China's yuan at a new high against dollar

12 Oct 2010

Under unrelenting pressure from nation’s around the world China's currency reached a new high on Monday as the central parity rate of the yuan was set at 6.6732 per dollar.

$1-bn World Bank, IDB infrastructure boost for MENA region

12 Oct 2010

$1-bn World Bank, IDB infrastructure boost for MENA region

12 Oct 2010

UK has highest jobless in Europe

11 Oct 2010

Leading bankers hit out at proposed tough banking regulations

11 Oct 2010

India set for seat on UN Security Council

11 Oct 2010

India will likely win a seat on the United Nations Security Council as a non-permanent member after a vote tomorrow in the United Nations General Assembly.

UK scientists go mad over proposed budget cuts

11 Oct 2010

In a unique protest, hundreds of placard-waving ‘boffins’ gathered outside Whitehall to say cuts in R&D spending would be disastrous for the UK economy

Race still an issue in British society: Study

11 Oct 2010

China's foreign exchange reserves at a record $2.5 trillion

11 Oct 2010

Even as it protests international pressure to correctly value its national currency, China’s foreign-exchange reserves, already the world’s largest, may now have climbed to a record $2.5 trillion.

Pressure on China to boost yuan as currency clash spreads

09 Oct 2010

Global finance chiefs meeting in Washington are looking at ways to prevent tensions over currency valuations from derailing a fragile economic recovery.

Osborne to crackdown on bankers’ bonuses

09 Oct 2010

India, China to double wealth in five years

09 Oct 2010

Vigorous economic growth is likely to double India’s wealth to $6.4 trillion over the next five years and allow China to overtake Japan as the second wealthiest country in the world by 2015.

EU regulators mull cap on bankers’ bonuses

09 Oct 2010

Bankers claim curbs on pay and bonuses could adversely affect the ability of financial institutions in Britain and Europe to compete internationally and lead to an exodus of talent

India calls for quota review and governance reform at IMF

08 Oct 2010

Emerging markets and developing countries now represent 47.5 per cent of the global GDP in PPP terms, but they have a quota share of only 39.5 per cent in the IMF.