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ASIAN CLEARING UNION
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...
- Modi in Netherlands: One firm holds the key to India's chip ambitionPrime Minister Modi's visit to the Netherlands highlights India's critical reliance on ASML, the sole provider of advanced lithography mach...
- South Korea stocks gyrate as top aide floats AI ‘dividend’South Korea is considering a 'Citizen Dividend' from AI profits. A top policymaker proposed using excess tax revenue to benefit all citizen...
- With Chabahar Port in limbo, can India still reach Central Asia and Russia?India's crucial trade route to Russia and Central Asia is at a critical juncture. US sanctions on Iran's Chabahar port create uncertainty f...
- India has 60 days of crude oil, 60 days of Natural Gas & 45 days of LPG rolling stock: CentreIndia is launching a national mission to conserve fuel amid global energy market turmoil. The government assures citizens of robust energy ...
- Passengers evacuated from hantavirus-stricken cruise ship begin flying home from Canary IslandsPassengers from the hantavirus-hit cruise ship MV Hondius are flying home from Tenerife. They are being evacuated by military and governmen...
- ECLGS 5.0 to help SBI open ₹70,000–₹80,000 crore credit line: Chairman CS SettyIn a pivotal stride towards economic recovery, the government has unveiled ECLGS 5.0, aimed at fortifying MSMEs and the airline industry am...
- Quote of the Day by Fred Korematsu: 'If you have the feeling that something is wrong...'—Inspiring quotes by the a national civil rights hero who resisted the internment of Japanese Americans during WWIIQuote of the Day: Fred Korematsu, a Japanese American, defied Executive Order 9066, leading to his arrest and a Supreme Court case that uph...
- ITC, paints, QSR: Abneesh Roy on what you should buy and avoid right nowConsumer sector outlook for FY27 faces challenges from cigarette tax hikes and crude oil shocks. Abneesh Roy of Nuvama Institutional Equiti...
- Tennis legend Leander Paes joins BJP as Bengal 2026 poll battle heats upTennis legend Leander Paes has officially joined the Bharatiya Janata Party, marking his foray into active politics ahead of the West Benga...
- 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 ...
- RBI working group proposes steps to broaden rupee's global reachThe increasing use of the Indian rupee in invoicing and settlement of international trade, as well as in capital account transactions, will...
- 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...
- Allow advance payment for trade with Iran: Exportersndian exporters to Iran have asked the government to modify the new payments mechanism worked out by the two countries to provide for advan...
- 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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