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ASIAN CLEARING UNION
Fifa president Infantino abandons $20 billion World Cup plan after global backlashFifa president Gianni Infantino abandoned his plan to sell World Cup profits to private equity. This decision followed significant pushback...- Ahead of Market: 10 things that will decide stock market action on FridayIndian equities extended gains after the US Federal Reserve kept rates unchanged, with Sensex rising 274 points and Nifty closing above 24,...
- Oil keeps flowing from Red Sea as Hormuz bypass stays openDespite Houthi threats and a declared blockade against Saudi Arabia, oil shipments from Yanbu continue, though many Western tankers are goi...
- ASEAN ministerial talks: Iran war, Myanmar crisis and South China Sea rifts under spotlightSoutheast Asian diplomats are meeting in Manila to discuss escalating Middle East conflicts. They will express alarm over renewed hostiliti...
- Global headwinds, resilient MSMEs: India’s ECLGS 5.0 responseThe real significance of ECLGS 5.0 lies not merely in the credit it provides but in what the credit protects.
- Millions of barrels of Iranian oil left in limbo after US revokes 60-day waiverAround 63 million barrels of Iranian crude are stranded on tankers after the US revoked a sanctions waiver that had temporarily allowed Ira...
- EU issues new steel, e-commerce regulations to reduce trade imbalance with ChinaThe European Union has introduced new measures to protect its steel industry and curb e-commerce imports from China, aiming to address a si...
- How global scammers use US tech to fleece peopleIndian scammer Safeer Koorimannil reveals how AI from American tech giants fuels global fraud rings in Myanmar. Trafficked to a scam center...
- Cotton duty or competitiveness? The bigger challenge facing India’s $190 billion textile industryThe government’s temporary import duty relief may ease pressure on mills and exporters, but industry experts say deeper problems in product...
- Italy brings Botticelli masterpiece to India, cultural ties to deepen further: Envoy Antonio BartoliItaly is deepening its ties with India through cultural exchanges, highlighted by the 'One Mother, Many Mother Tongues' exhibition in New D...
- The new man of steel! India seen filling the void China may leaveIndia Steel Industry Growth 2026: Global steel demand is shifting from China to India and Southeast Asia. India's steel consumption is low,...
- EU to unveil plan to wean itself off US, Asia techThe EU will set out on Wednesday how the 27-country bloc hopes to slash its dependence on American and Asian technology, and favour Europea...
- Shivraj Chouhan to launch 'Khet Bachao Abhiyan' on June 1 as Govt reviews fertiliser, fuel stocks amid West Asia crisisUnion Agriculture Minister Shivraj Singh Chouhan launches Khet Bachao Abhiyan nationwide from June 1. The campaign aims to reduce excessive...
- Indian banks reach out to RBI over US ban on ACU settlementsIndian lenders have approached the Reserve Bank of India (RBI) after the US Office of Foreign Assets Control (OFAC) asked banks to refrain ...
- Sri Lankan PM Mahinda Rajapaksa dismisses calls for forming interim governmentThousands of demonstrators have hit the streets since April 9, as the government ran out of money for vital imports; prices of essential co...
- Why this is the right time to boost India-Pakistan trade tiesIndia should now take the initiative to go to the next logical level of taking India-Pak trade to the South-Asian Preferential Trading regi...
- Exporters ask government to look into advance payment issue with IranExporters have asked the government to modify the payment mechanism between the countries so that they can receive funds in advance.
- Iran threatens to block crude oil supply to India on payment disputeIran has threatened to stop crude oil supplies to India from August if New Delhi does not resolve a seven month old payment dispute.
- Exim Bank negotiating $100 million loan from ADB for SME units in backward statesThe problem began after RBI on December 23 last year did away with the ACU mechanism for paying for Iranian crude oil imports.
- ET in the Classroom: ACUET IN THE CLASSROOM: Asian Clearing Union (ACU)
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