Only a few countries now have the technological capabilities to conduct deep-sea explorations. The success of the Samudrayaan mission may give India a ticket to the "elite blue club" that includes nations like the U.S., France and China.
The agreement, which comes as the world is finding ways to accelerate the adoption of clean energy, is aimed at reducing "the effects of climate change, such as carbon capture, utilization and storage."
China's BRI is a decade old, but beyond its ambitious promises of trans-national connectivity, the initiative is looked at with skepticism and is seen as a debt trap for developing countries.
The de-globalisation of international trade is far from being a reality, but "the first signs of fragmentation" are appearing, the WTO warned Tuesday, concerned of the effects of the phenomenon on growth and development.
The rapid depreciation of the Chinese currency sounds like a paradox. China is still a significant exporter of manufacturing goods with a trade surplus, creating a strong demand for its currency.
China's central bank said on Monday it would crack down on speculation that distorts the value of the yuan as the country's currency sees persistent volatility.
Equities came under pressure from a sell-off in big tech companies like Apple, Qualcomm and Nvidia, which weigh heavily on major equity indexes.
The European Central Bank is walking a tightrope between still-high inflation and a darkening eurozone outlook as it decides whether to lift interest rates again or finally pause its historic hiking cycle.
The African Union joined the Group of 20 leading economies at its summit on Saturday, giving the continent more of a voice on the global stage, with host Indian Prime Minister Narendra Modi saying it turned the often divided bloc into the "people's G20".
The momentous growth of the Asia Pacific region is largely supported by an efficient supply chain network, regional free-trade agreements, and competitive costs.
China must recognize its youth unemployment problem. It's getting from bad to worse, with the government stopping providing data on it.
The Philippines and Australia shored up their security and economic alliance Friday with the signing of a strategic partnership, as they seek to counter China's growing regional influence.
Today, Bangladesh is capitalizing on its remarkable growth story as it vies for a better seat among other nations. But it is also turning into a site for a power contest in the region.
Russia's central bank announced Wednesday it plans to sharply step up support for the ruble, which has weakened considerably after 18 months of Western sanctions following Moscow's military intervention in Ukraine.
Brokerage firm Bernstein measured the economic gap between India and China on key parameters like nominal gross domestic product (GDP), patents, exports, foreign direct investment (FDI) and forex reserves.
G20 per capita coal emissions continue to rise despite climate pledges and transition efforts by some members of the group of major economies, new research showed Tuesday.
The S&P 500 ended the week at 4,515, up 1.9% for the week, the Dow Jones at 34,837, up 0.70%, and the tech-heavy Nasdaq at 14,031, up 2.4%.
On the approach to Malaysia's $100-billion island megaproject backed by Chinese investment, a collapsed bridge forces drivers to detour before they reach an artificial city emerging from palm oil trees where condos, roads and shops lay empty.
Positive earnings surprises usually drive equity prices higher. But not this time around.
Aiding the down pressure on stocks was the anticipation of a hawkish message by the Fed chair in the annual economic conference at Jackson Hole.
China halved the stamp duty on securities transactions, state media reported Sunday, in an effort to restore confidence in the world's second-largest stock market as the country battles an economic slowdown.
Federal Reserve Chair Jerome Powell said inflation remains too high in the U.S. and the central bank is prepared to raise rates further if appropriate.
China's aggressive expansion into Africa may have solved some of the problems of the old continent while enriching the country's construction companies in the process. But it has yet to help solve China's growing economic problems.
BRICS leaders have agreed to expand the club of major emerging economies and adopted conditions for entry, South Africa said Wednesday, as the bloc pursues greater clout to shape the world order.
Continuing measures to wrangle inflation and avert a U.S. recession are likely to be discussed at the Federal Reserve Bank of Kansas City's annual Economic Policy Symposium in Wyoming.
The eurozone economy is contracting at its fastest rate in three years as a steep decline in manufacturing begins to spread to services, a key survey said Wednesday.
This year, traders and investors on Wall Street will pay close attention to figure out whether rising bond yields and China's woes will give the Fed a good reason for a dovish message — a pause in interest rate hikes in fighting inflation.
The S&P 500 ended last week with 90 points or a 2% loss, the Dow Jones with 1200 or a 3.4% loss, and the tech-heavy Nasdaq with 337 points or a 2.5% loss.
Flooding in China's rice fields is expected to result in lower yields that will then drive global prices up and affect food security in rice importing countries.
China on Tuesday released weaker than expected economic data, with slowing retail sales growth pointing to shaky consumer confidence in the world's second-largest economy.